. A comparison between eastern Germany and the Italian Mezzogiorno shows that both rely heavily on government intervention …, former East Germany entered a phase of slow growth that made it impossible to bridge the gap with West Germany. Unemployment …, unlike the Mezzogiorno, the eastern German regions enjoy a high level of infrastructural endowment, a legal system that is …

how transition and integration interact in a potential unification process based on the World Bank Revised Minimum … microeconomic policies to the macroeconomic ties and side conditions for both parts of the country. Evidence from Germany suggests … the tying of neighboring countries into the convergence process. We finally provide, 62 years after Germany's division and …

how transition and integration interact in a potential unification process based on the World Bank Revised Minimum … microeconomic policies to the macroeconomic ties and side conditions for both parts of the country. Evidence from Germany suggests … the tying of neighboring countries into the convergence process. We finally provide, 62 years after Germany’s division and …

The book brings together a series of research papers presented at a workshop on "Economic integration between the … Mezzogiorno and the Centre North", held at the Bank of Italy in Rome on 15 March 2011. The workshop assessed the degree of … economic integration between the two areas from several viewpoints. Two papers examined the mechanism of propagation of shocks …

The process of European Union (EU) integration proceeds from economic to political integration. The economic … integration itself proceeds from trade to financial to complete market integration. The sustainability of the process depends on … some causal relation existing between economic and political integration. This causality is captured, in this paper, in the …

This paper discusses the transition agenda and provides the key economic characteristics of selected Middle East and … to identify some regularities in transition processes and to draw policy lessons for MENA countries. Among the key … overcome, yet the transition will not require a radical overhaul of the existing system. The sine qua non condition is to …

The patterns of Central and East European countries' (CEECs) development in the course of transition and following EU ….) studied in the panel-econometrics models of transition, the main macroeconomic tendencies characterising transition (and the … transitional recessions) CEEC growth collapsed in 2009 and slowed down to unimpressive levels thereafter. Under growing integration …

Exchange rate stability was defined as one of the prerequisites for monetary integration in Europe. In this paper, we …