Download or read book The Member States of the European Union written by Simon Bulmer and published by Oxford University Press, USA. This book was released on 2013 with total page 479 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a comprehensive and rounded thematic study of the EU-member states. The text provides detailed coverage of the principal member states and comparative studies of the smaller states, as well as discussing the issue of enlargement and covering empirical themes.

Download or read book The Euroarea and the New EU Member States written by Lucio Vinhas De Souza and published by Springer. This book was released on 2003-11-19 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection analyses the monetary and exchange rate strategies of the EU accession countries during the EMU (pre-) accession phase and also policy questions that will appear upon Euroarea entry. Written by specialists in the field, it is a must-read for all economists with an interest in the rapidly evolving economies of the future EU member states.

Download or read book How Synchronized are New EU Member States With the Euro Area Evidence from a Structural Factor Model written by Sandra Eickmeier and published by . This book was released on 2007 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A high degree of cyclical synchronization between the new EU member states (NMS) from Central and Eastern Europe and the euro area is considered to be a prerequisite for successful enlargement of the European Monetary Union. In this paper, we establish stylized facts on economic linkages between NMS and the euro area using dynamic correlation and cohesion measures. Then, we identify the main structural common euro-area shocks and investigate their transmission to NMS by means of a large-scale factor model. Finally, we compare it to the propagation to current EMU members.

Download or read book The Pursuit of Stability of the Euro Area as a Whole written by Luca Lionello and published by Springer Nature. This book was released on 2019-10-14 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses the ongoing reform of the European economic union in the light of the new objective of ‘stability of the euro area as a whole’ in Article 136(3) TFEU. On the basis of the relevant legal sources, it qualifies this objective as the obligation to preserve the existence of the monetary union, the establishment of which was an EU goal laid down in Article 3(4) TEU. While to date the objective has been achieved through fiscal and macroeconomic consolidation in the member states and the activation of stabilisation mechanisms in cases of emergency, the book argues that full stability requires a better system of economic governance, either through a process of partial fiscal centralisation or the return to a more efficient and sustainable market discipline of public finances. It also analyses the concrete legal challenges these raise, including compliance with the conferral principle, the longstanding democratic deficit of the governance and the balance between financial solidarity and fiscal responsibility.

Download or read book The Eurozone Enlargement written by Yoji Koyama and published by Nova Science Publishers. This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In May 2004, eight countries of Central and Eastern Europe were admitted to the European Union (EU). In January 2007, Romania and Bulgaria, and in July 2013, Croatia were admitted to the EU. These new EU member states (NMS) are not given the right to opt out as the UK and Denmark have, and they are obligated to adopt the Euro. Among eleven new member states, five countries adopted the euro: first Slovenia (2007), followed by Slovakia (2009), Estonia (2011), Latvia (2014) and Lithuania (2015). This book considers the problems of the Eurozone Enlargement by reviewing the experiences of NMS which have adopted the Euro and considering prospects of NMS which have not yet adopted the Euro. The book is divided into two parts. Part One mainly deals with NMS which have already adopted the Euro and takes a closer look at their experiences. Chapter One explains the evolution and the current situation of the EMU in order to get an overall picture of the Eurozone. Chapter Two discusses Slovenia's experiences of the euro adoption and its lessons. Chapter Three discusses the experiences of Slovakia which adopted the euro in January 2009 exhibiting, in contrast to Slovenia, a favorable performance. Although having seriously suffered from the 2008 global financial crisis, the Baltic States have recovered quickly. Chapter Four discusses what kind of lessons could be drawn from the experiences of the Eurozone NMS, focusing on Latvia and Slovakia. Part Two deals with the NMS which have not adopted the Euro yet, but are expected to. Chapter Five not only discusses Poland's prospects for Euro adoption but also serves as an introduction to Part Two as a whole. It deals with not only the criteria which should be met by prospective Eurozone member NMS (i.e. explicit Maastricht convergence criteria), but also the criteria of implicit and substantial convergence (i.e. The Czech Republic and Slovakia maintaining close economic relations in spite of their separation in 1993). Slovakia adopted the Euro in January 2009 while the Czech Republic has not yet adopted it. Chapter Six discusses the current situation and challenges of the Czech Republic in comparison with Slovakia. Chapter Seven analyses the Hungarian situation both from a perspective of a comparison with other CEE countries, and from a historical perspective of its long-term transition process. Chapter Eight considers challenges facing Croatia, which has an industrial structure quite similar to Greece. Among prospective Eurozone member states, Romania is the only one country which has its target date for Euro-adoption of January 1, 2019. Chapter Nine considers Romania's current situation and its challenges. Chapter Ten discusses challenges facing Bulgaria, which has maintained the currency board system. Although the Western Balkan countries are not discussed directly, this book has important implications for them. The authors of the book include five economists from Central Eastern Europe and three economists from Japan. This book is a product of international academic cooperation between Europe and Asia.

Download or read book Five Years After written by Mr.Martin Cihak and published by International Monetary Fund. This book was released on 2009-03-01 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: The proximity of the European Union, the prospect of membership, and actual entry by the New Member States (NMS) increased economic and financial integration in the region, leading to fast economic growth based on sizeable capital inflows. EU membership helped in developing sound macroeconomic and financial stability frameworks in the NMS. However, these frameworks remain work in progress and as such could not safeguard against private sector exuberance or risky policies, especially in the face of an unprecedented global financial crisis. Hence, more prudent policies and further strengthening of policy frameworks, especially with respect to financial stability, seem warranted.

Download or read book The European Union and the Member States written by Eleanor E. Zeff and published by . This book was released on 2006 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt: Praise for the 1st Edition?This is a rich and timely volume full of novel glimpses into areas of perennial policy concern ... as well as a host of less familiar concerns.... The extremely readable efforts to make sense of policy conundrums means the book may be used quite profitably in the classroom, and the very fact that all member states are covered testifies to the project?s considerable comparative breadth.??William M. Downs, The Journal of PoliticsThoroughly updated, this new edition of The European Union and the Member States explores the complex relationship between the EU and each of its now 25 members.The country chapters follow a common format, considering: How and in what areas does EU policy affect, and how is it affected by, the member states? What mechanisms do the member states use to implement EU policy? What is each state?s compliance record?Covering the full range of issues?from economic, social, and environmental, to security, to home and justice affairs?the authors offer an insightful discussion of the interplay of EU initiatives with strong, existing national policies and traditions.Eleanor E. Zeff is associate professor of political science at Drake University. Ellen B. Pirro is president of Pirro International Research.Contents: Introduction?the Editors. Policymaking and Politics in the New European Union?J. McCormick. Early Union Members. Germany?C. Lankowski. Italy?M. Giuliani and S. Piattoni. Belgium and Luxembourg?K. Anderson. France?C. Deubner. The Second Wave. The UK?N. Nugent and J. Mather. Ireland?R.B. Finnegan. Denmark?E. Einhorn. The Mediterranean Round. Greece?N. Zahariadis. Spain and Portugal?S. Royo. The 1995 Enlargement. Austria?G. Faulkner. Sweden?J. Eliasson. Finland?T. Raunio. The 2004 Enlargement. Poland?A. Gruszczak. Hungary?D. Ellison. Malta and Cyprus?R. Pace. Slovenia and Slovakia?J. Occhipinti. The Czech Republic?S. Fisher. The Baltic States?S. Stoltenberg. Conclusion. Conclusion?the Editors.

Download or read book The EU and the Economies of the Eastern European Enlargement written by Alberto Quadrio Curzio and published by Springer Science & Business Media. This book was released on 2008-07-19 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: The enlargement of the European Union towards the East from May 2004 has generated an increase of about 100 million inhabitants in the EU population, and has especially brought along major challenges and important opportunities both for the "new" countries and for the "old" member states. That is the main focus of this volume, which is divided into three sections. The first analyses the effects of the enlargement on the functioning of Community institutions, on the relations with the other Eastern European countries, and finally on regional and global economic dynamics; the second section analyses in detail the role of the monetary politics of the European Central Bank and the activities of the European Bank for Reconstruction and Development; and the third deals with the importance of the entrepreneurial class in ensuring the success of the transition process of the Eastern European economies.

Download or read book Which European Union written by Sergio Fabbrini and published by Cambridge University Press. This book was released on 2015-02-26 with total page 375 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sergio Fabbrini argues that the European Union (EU) is made up of states pursuing different aims, rather than simply moving in the same direction at different speeds. He describes the alternative perspectives on the EU (an economic community, an intergovernmental union, and a parliamentary union), that led to multiple compromises in its structure and shows how the Euro crisis has called them into question. The book argues that a new European political order is necessary to deal with the consequences of the crisis, based on an institutional differentiation between the EU member states interested only in market co-operation and those advancing towards a genuine economic and monetary union. Such a differentiation would allow the latter group to become a political union, conceptualised as a compound union of states and citizens, while preserving a revised framework of a single market in which both groups of states can participate.

Download or read book Let s Explore Europe written by and published by . This book was released on 2010 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book for children (roughly 9 to 12 years old) gives an overview of Europe and explains briefly what the European Union is and how it works.--Publisher's description.

Download or read book The New European Central Bank Taking Stock and Looking Ahead written by Thomas Beukers and published by Oxford University Press. This book was released on 2022-12-02 with total page 481 pages. Available in PDF, EPUB and Kindle. Book excerpt: The European Central Bank (ECB) was first introduced in the European legal order on the occasion of the Treaty of Maastricht (1992). An official EU institution which is governed by EU law, the ECB of modern times differs vastly from its inception in 1998, which manifests in three main ways: monetary policy options, consideration of concerns other than low inflation in its policy-making, and its role in the Banking Union. This edited collection offers a retrospective and prospective account of the ECB, charting its evolution in detail with chapters written by leading academics and practitioners. Part 1 examines the substantive changes to monetary policy introduced by the ECB as a consequence of the financial and sovereign debt crisis by considering their legal basis. Part 2 moves beyond monetary policy by shifting to the new roles that the ECB has been called upon to play, notably in banking supervision and resolution. Parts 3 and 4 deal with transformations to inter- and intra-institutional relations, and take stock of these transformations, reflecting on the nature of the ECB of current times and which direction it could be heading in the future. The authors analyse the most salient and controversial elements of the ECB's crisis response, including unconventional monetary policy measures and the ECB's risk management strategy. Beyond monetary policy, the book further examines the role played by objectives such as financial stability and environmental sustainability, the ECB's relationship to the Lender of Last Resort function, as well as its new responsibilities in the Banking Union.

Download or read book Macroeconomic Imbalances and Comparative Advantages in the Euro Area written by Stefan Collignon and published by ETUI. This book was released on 2012 with total page 141 pages. Available in PDF, EPUB and Kindle. Book excerpt: The emergence of macroeconomic imbalances among EU member states is often seen as a major underlying factor of the recent European debt crisis. In order to identify and tackle these imbalances, the European authorities established, in 2011, a new surveillance tool incorporating rules to prevent future imbalances and labelled the Excessive Imbalance Procedure (EIP). Stefan Collignon argues that the premises of the Excessive Imbalance Procedure are in fact wrong, and its implementation therefore misguided, in that they take for granted the policy framework of the nation state whereas the Euro Area economy is, in reality, integrated into a single market with a single currency, such that so-called ‘foreign’ debt is, effectively, debt to other residents in the Euro Area. The author demonstrates, furthermore, that strict adherence to the EIP could, in conjunction with other new economic governance instruments, entail devastating consequences for peripheral countries in the European Union. Following his observation that current indicators used by the Commission fail to provide a correct or accurate assessment of imbalances in the Euro Area, the author devises a new ‘Competitive Index’, calculated as the difference between actual and equilibrium unit labour costs, which he recommends as an alternative and better indicator in the context of the Alert Mechanism Reports to be issued by the European Commission in the future.

Download or read book International Influence Beyond Conditionality written by Rachel A. Epstein and published by Routledge. This book was released on 2013-09-13 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: The European Union’s (EU) membership conditionality has been perceived as a highly effective means of influence on non-member states in the run-up to the 2004 and 2007 enlargements. According to the incentive-based explanation that dominates the literature, conditionality has been particularly effective when the EU offered a credible membership incentive and when governments did not consider the domestic costs of compliance threatening to their hold on power. This volume challenges much of the existing work on EU enlargement and postcommunist transition, however, by testing the conditionality thesis in the post-accession setting. Whereas a conditionality hypothesis would predict deteriorating compliance among the newest member states, several contributions here actually find the opposite. Enduring compliance among postcommunist states with the acquis, as well as with less formally institutionalized EU preferences for economic liberalization and minority protection, calls into question the role that conditionality plays in eliciting conformity. Simultaneously, support for the conditionality hypothesis in areas such as political party development and EU relations with Turkey and the western Balkans suggests conditionality’s effects vary across countries and issues. As the first study to systematically examine the relationship between international institutions and postcommunist states after enlargement, this volume provides new insights into how external actors exercise their power in domestic politics. This book was published as a special issue of the Journal of European Public Policy.

Download or read book Europe Toward the Next Enlargement written by P. Coffey and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the third volume in the new series of books on International Regional Economic Integration published by Kluwer Academic Publishers. The Editor begins his examination with an extensive introduction which emphasizes the historic nature of the next enlargement of the European Union. The point of reference for enlargement is the European Commission's Agenda 2000, which covers all the policy areas which the new Member States will have to accept. Although this document is a very important one, it does not pay enough attention to the necessary policy changes and institutional changes which should be made in advance of enlargement. This volume tries to rectify this oversight by offering an assessment of the costs and benefits of enlargement to present and future EU Member States. In view of the importance of all these considerations, special attention is paid to the possible implications of the weak compromises made at the much-heralded Berlin Conference, held in March 1999. To that end, the volume presents an examination of the policy and institutional changes which must be made in advance of enlargement. The following major areas are covered, since with the exception of CAP, they would, in future years, have the most influence on the present and future EU Member States. These areas are: The economic and monetary union and the Euro; Enlarging the European Union: Is Agenda 2000 a guiding star for the new millennium? Regional policy; The impact of the single market on the big European countries - possible consequences for enlargement; and The financial markets.

Download or read book The Institutions of the Enlarged European Union written by Edward Best and published by Edward Elgar Publishing. This book was released on 2008 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book in addition of being remarkable academic reading contributes, on the highest scholarly level, to the furthering of our understanding of performance of the EU institutions which is essential for practitioners and researchers in the midst of the institutional crisis. Dominik Vuleti , Croatian International Relations Review . . . an impressively detailed introduction to the institutions and committees that form the core frameworks of EU activities including the EU Parliament, the European Central Bank, and the effects of EU membership expansion. The Institutions of the Enlarged European Union is very strongly recommended as an addition to governmental and university library International Studies reference collections in general, and European Union Studies supplemental reading lists in particular. Midwest Book Review The International Studies Shelf This excellent book in the series of studies on EU reform and enlargement is not as dry as it first appears. . . The contributors outline the key changes as well as patterns of continuity in the institutional policies of the EU and their research which I feel will be highly beneficial to lawyers, economists and politicians. . . I found the book to be invaluable for postgraduate and advanced undergraduate students of EU politics and administrative science, as well as researchers, practitioners and journalists working in the fields of European studies more widely. Phillip Taylor, The Barrister This timely, comprehensive and authoritative study provides much food for thought for European policy makers, particularly in the current situation of uncertainty about the Lisbon Treaty. The authors basically upbeat findings that, despite the arrival of twelve new member states in one big bang and one after shock, it has been pretty much business as usual for the EU s institutions will comfort both those who worried about the EU s capacity to act in the absence of institutional reform and those who argued that such reform was unnecessary. But the editors identify a number of emerging dynamics that will be of concern to all who care about the Union s democratic future: increasing formalisation of meetings and procedures on the one hand, coupled with an increase in informal, pre-cooked deals on the other; increasing primacy of the administrative over the political; and a growing trend towards presidentialisation within the institutions, with continued efficiency requiring more emphasis on the primus than on the pares . The editors conclude that, while the European Union s institutional system continues to function and might even become more efficient, the price to be paid could further distance the Union from the citizens it seeks to serve. Martin Westlake, Secretary General, European Economic and Social Committee, Brussels, Belgium This volume reports a thorough appraisal of how the EU institutions have fared since the 2004 enlargement. In essence the answer is more of the same, with no evidence of gridlock. Business has been conducted in similar ways and at similar levels of output, helped by procedural adaptation. The new member states have slotted into the existing routines of the Union. Helen Wallace, European Institute, London School of Economics and Political Science, UK How have the main institutions and decision-making processes of the EU responded to the arrival of new member states? This book assesses the actual state of the EU institutions in the years after the 2004 enlargement, examining each of the main institutional actors as well as trends in legislative output, implementing measures and non-legislative approaches. The contributors outline the key changes as well as patterns of continuity in the institutional politics of the EU. The analysis finds that breakdown has been avoided by a combination of assimilation of the new member states and adaptation of the system, without any fundamental transformation of the institutions. Nonetheless, they conclude that it

Download or read book The ECB and Euro area Enlargement written by Helge Berger and published by International Monetary Fund. This book was released on 2002 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Europe in 12 Lessons written by Pascal Fontaine and published by . This book was released on 2017 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: