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Leaving EMU would create great legal uncertainty and costly litigation and would hence involve extremely high costs for a country that has fully been euronized. Nevertheless, it is conceivable that these costs are not high enough to eliminate fully the risk of monetary disintegration in Europe....
Persistent link: https://www.econbiz.de/10010503722
to these shocks between EMU member countries and three other groups of countries. The first group includes non-EMU EU … countries, the second group EFTA countries and the third group central and eastern European countries which seek EU membership …
Persistent link: https://www.econbiz.de/10010503734
From a macroeconomic perspective the term "new economy" describes a phenomenon of persistent strong and low-inflation growth due to the large diffusion of information and communication technologies (ICT). This paper looks into Europe's position with respect to the new-economy phenomenon. Section...
Persistent link: https://www.econbiz.de/10010504302
This article provides a review of literature on African Agency and the drivers of change within EU–African trade …
Persistent link: https://www.econbiz.de/10011334764
to be felt today, and constitutes one of the underlying factors for politically motivated migration. Secondly, the EU …. Nevertheless, the prevailing perspective of the EU concerning African immigration remains to be focused on security, the … foreclosure of its external borders and prevention. Current EU programs to combat African migration by development orientated …
Persistent link: https://www.econbiz.de/10011335181
This paper investigates the possible economic effects of Russia-EU free trade agreement, implying a mutual zero import … tariffs in the trade of the Customs Union and the EU. Analysis of the effects is made using CGE Globe v1 model. We estimate …-ment than the EU. The cumulative gain of the CU is strictly positive, but the benefits and costs are unevenly distributed among …
Persistent link: https://www.econbiz.de/10011398279
The 2023 banking turmoil had limited effects on banks in the euro area and the EU. Nevertheless, there are important …
Persistent link: https://www.econbiz.de/10015071078
Persistent link: https://www.econbiz.de/10012515481
Persistent link: https://www.econbiz.de/10012515482