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. In order to implement a common monetary and economic policy for the European Union (EU), the EEMU was created as a …
Persistent link: https://www.econbiz.de/10012212663
catalyst for restructuring and retrenchment from activity in the EU27. …
Persistent link: https://www.econbiz.de/10011712197
This paper illustrates how the work of the WTO's standing committees is fuelling regulatory cooperation between WTO members, and inspiring RTA negotiators. We explore, as a case study, how the WTO TBT Committee has shaped provisions on international standards in RTAs, and focus on the extent to...
Persistent link: https://www.econbiz.de/10011847570
Microfoundations of the euro's effect on euro area trade hinge on the timing, the speed and the size of adjustment in trade costs. We estimate timing, speed and size of adjustment in trade costs for sectoral trade data. Our approach allows for sector specific impacts of trade costs on sectoral...
Persistent link: https://www.econbiz.de/10003770823
Microfoundations of the euro's effect on euro area trade hinge on the timing, the speed and the size of adjustment in trade costs. We estimate timing, speed and size of adjustment in trade costs for sectoral trade data. Our approach allows for sector specific impacts of trade costs on sectoral...
Persistent link: https://www.econbiz.de/10003797988
Low international competitiveness of a set of euro area countries, which have become evident by large current account deficits and rising risk premiums on government bonds, is one of the most challenging economic policy issues for Europe. We analyse the role of private restructuring and public...
Persistent link: https://www.econbiz.de/10003844342
Low international competitiveness of a set of euro area countries, which have become evident by large current account deficits and rising risk premiums on government bonds, is one of the most challenging economic policy issues for Europe. We analyse the role of private restructuring and public...
Persistent link: https://www.econbiz.de/10003936156
Low international competitiveness of a set of euro area countries, which have become evident by large current account deficits and rising risk premiums on government bonds, is one of the most challenging economic policy issues for Europe. We analyse the role of private restructuring and public...
Persistent link: https://www.econbiz.de/10003850175
This paper deals with the question of what impact membership of the European Monetary Union (EMU) has had on small … European states. We will also analyze whether or to what extent a large number of small member states affect the EMU itself … creating a homogeneous group. They differ in the length of EU membership, income per capita, membership and non-membership of …
Persistent link: https://www.econbiz.de/10009487855
shocks should not affect the real exchange rate in the long run, the analysis indicates that in most of the EU-15 countries … analysis applies the real exchange rate criterion to the Eastern enlargement of EMU and shows that giving up the nominal …
Persistent link: https://www.econbiz.de/10009671124