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According to the Nigerian constitution, main public sector responsibilities are split across various government levels. Thus, no sole government could deliver radical improvements in service delivery on its own, which means that coordination and cooperation are pre-requisites. However, the...
Persistent link: https://www.econbiz.de/10005616761
Mercosur is currently going through an intermediate integration stage in which macroeconomic interdependence acquires more importance. Then, the need arises to adopt strategic definitions with regard to the future of the process itself. The study examines macroeconomic interdependence with a...
Persistent link: https://www.econbiz.de/10005621620
The international integration of regulated markets poses new challenges for regulatory policy. One question is the implications that the overall international regulatory regime will have for cross-border and/or domestic merger activity. In particular, do non-coordinated policies stimulate...
Persistent link: https://www.econbiz.de/10005645038
How many international agreements should there be, and who should sign them? When policy issues are separable, linking them in a ‘grand international agreement’ facilitates policy cooperation by reallocating slack enforcement power. When policy issues are substitutes, issue linkage further...
Persistent link: https://www.econbiz.de/10005650508
This paper analyzes the welfare consequences of coordinated tax reforms in an economy where a transboundary environmental externality and an international wage bargaining externality are operative at the same time. We assume that the wage in each country is decided upon in a bargain between...
Persistent link: https://www.econbiz.de/10005651937
This thesis consists of an introductory chapter and four papers, which relate to environmental policy in the presence of transboundary environmental damage. Paper [I] concerns public policy in a multi-jurisdiction framework with transboundary environmental damage. Each jurisdiction is assumed...
Persistent link: https://www.econbiz.de/10005651975
This paper concerns optimal nonlinear taxation under right-to-manage wage formation, and we assume that the fall-back profit facing firms during wage bargaining depends on the profit they can obtain if moving production abroad. The purpose is to study how policy coordination among countries can...
Persistent link: https://www.econbiz.de/10005651988
This paper analyzes the transmission of shocks and policies among and across the Nordic economies and the rest of the world. This spillover analysis is based on a pair of estimated structural macroeconometric models of the world economy, disaggregated into thirty five national economies. We find...
Persistent link: https://www.econbiz.de/10010790263
Persistent link: https://www.econbiz.de/10010677765
The Euro Plus Pact was approved by 23 EU countries in March 2011. The Pact stipulates a range of quantitative targets meant to strengthen competitiveness and convergence with the ultimate aim of preventing unsustainable financial imbalances from accumulating. This paper uses Granger causality...
Persistent link: https://www.econbiz.de/10010598184