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The paper focuses on the process of liberalization of the electricity market and its functioning in the EU. The European electricity market is in the middle of its transformation from a monopolistic state-owned production and distribution to privatized markets with various competing firms. The...
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This article reviews the consequences of liberalization and regulation processes on services of general interest in Europe, in the context of economic integration. It highlights the differences observed between network utilities like telecommunications, electricity and gas, on the one hand, and...
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The introduction of the euro is expected to increase capital mobility in Euroland. While, as in the US, a common monetary policy is now performed, institutional structures are inherently more heterogenous. This paper argues that experience of the US with financial market integration can...
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