Very much like the Lisbon Agenda, the European strategy against climate change suffers from a discrepancy between high ambitions and weak collective instruments. As France takes the EU Presidency in July 2008, one of its priorities is precisely to make some significant progress in reducing the...

Economic performance has been feeble in the Euro area since the monetary union process was put in motion in the early 1990s. While the cause for this under-performance remains subject to debate, we argue in this paper that the rules and institutions governing the Euro area are clearly not...

Germany?s current economic strategy is a variant of the so-called ?competitive disinflation? that France pursued in the late 1980s?. It is but one in a large array of non-cooperative strategies that EU countries have individually chosen to implement since the beginning of the monetary...