The Nine Lives Of The Stability Pact A Special Report Of The Ceps Macroeconomic Policy Group Ceps Paperback February 2004
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The Nine Lives Of The Stability Pact A Special Report Of The Ceps Macroeconomic Policy Group Ceps Paperback February 2004
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Author : Daniel Gros
language : en
Publisher:
Release Date : 2004
The Nine Lives Of The Stability Pact A Special Report Of The Ceps Macroeconomic Policy Group Ceps Paperback February 2004 written by Daniel Gros and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with categories.
This special report by the CEPS Macroeconomic Policy Group (MPG) is concerned with the implementation of the prohibition of excessive deficits contained in the Treaty of Maastricht via the Stability and Growth Pact. Specifically, it deals with the controversy that was provoked by the failure of the ECOFIN Council of 25 November 2003, to endorse recommendations of the European Commission to put France and Germany on notice that they had violated the Treaty's prohibition of excessive deficits. The CEPS MPG finds that the core of the dispute arises not so much from the Stability Pact, but from the 3% limit set in the Treaty. It asserts that this clause should not be altered, as argued by many observers, and that it is even more appropriate now, than when it was first agreed in 1991, because of the slowdown of potential growth in Europe. The CEPS MPG is composed of distinguished economists who have undertaken to carry out independent, in-depth research on current developments in the European economy.
The Nine Lives Of The Stability Pact
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Author : Daniel Gros
language : en
Publisher: CEPS
Release Date : 2004
The Nine Lives Of The Stability Pact written by Daniel Gros and has been published by CEPS this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Economic stabilization categories.
"This special report by the CEPS Macroeconomic Policy Group (MPG) is concerned with the implementation of the prohibition of excessive deficits contained in the Treaty of Maastricht via the Stability and Growth Pact. Specifically, it deals with the controversy that was provoked by the failure of the ECOFIN Council of 25 November 2003, to endorse recommendations of the European Commission to put France and Germany on notice that they had violated the Treatys prohibition of excessive deficits"--CEPS website.
The Allocation Of Power In The Enlarged Ecb Governing Council
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Author : Ansgar Belke
language : en
Publisher: CEPS
Release Date : 2004
The Allocation Of Power In The Enlarged Ecb Governing Council written by Ansgar Belke and has been published by CEPS this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Balance of power categories.
This study analyses the allocation of power in the Governing Council of the European Central Bank (ECB) as it enlarges to accommodate new members of the economic and monetary union. For this purpose, classical power indices that have their origin in solutions of cooperative games are applied. First, an assessment is made of the effects of enlargement on the voting power of different subgroups of the Governing Council that arise in the wake of the continuous accession process. Second, a systematic comparison is carried out of the status quo role ('one member, one vote') with respect to the voting power of the ECB Executive Board and to the representativeness of European monetary policy, along with the potential for its re-nationalisation.
Towards A Global Climate Regime Priority Areas For A Coherent Eu Strategy
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Author : Bo Kjellén
language : en
Publisher: CEPS
Release Date : 2005
Towards A Global Climate Regime Priority Areas For A Coherent Eu Strategy written by Bo Kjellén and has been published by CEPS this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Climatic changes categories.
The New Basel Capital Accord And The Future Of The European Financial System
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Author : Rym Ayadi
language : en
Publisher: CEPS
Release Date : 2004
The New Basel Capital Accord And The Future Of The European Financial System written by Rym Ayadi and has been published by CEPS this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Bank capital categories.
The purpose of this report is to provide a detailed, up-to-date and critical analysis of the New Basel Capital Accord framework. It focuses on the limitations and pitfalls that may deserve further investigation, particularly at the European level. Moreover, it provides a provisional assessment of its effects on small- and medium-sized European banks, as well as small- and medium-sized European enterprises. It examines the procyclicality of the new Accord and offers mechanisms to counter it. Finally, it addresses the challenges of implementing the new rules at the EU level.
Rethinking The Eu Regulatory Strategy For The Internal Energy Market
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Author : Christian Egenhofer
language : en
Publisher: CEPS
Release Date : 2004
Rethinking The Eu Regulatory Strategy For The Internal Energy Market written by Christian Egenhofer and has been published by CEPS this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with categories.
A key message of this report is that full and effective implementation of proposed legislation will be necessary to ensure a true internal market for energy in the EU, but this alone will not be sufficient. In parallel, more attention must be paid to other, less-prominent fields. The report singles out i) the introduction of incentive-based network regulation and ii) the careful design of principal elements of the wholesale market, i.e. trade of electricity and gas for resale ("wholesale market design and rules"). Moreover, the internal market needs to be buttressed with the consistent application of competition rules across member states to avoid the creation of national champions. The report also argues that a functioning electricity and gas market depends on market-compatible solutions to security of supply and environmental issues and a rethinking of "executive agencies", whose use to date is inhibited by the Meroni doctrine.
Bridging The Gulf Eu Gcc Relations At A Crossroads
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Author : Silvia Colombo
language : en
Publisher: Edizioni Nuova Cultura
Release Date : 2014-05-27
Bridging The Gulf Eu Gcc Relations At A Crossroads written by Silvia Colombo and has been published by Edizioni Nuova Cultura this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-05-27 with Political Science categories.
Relations between the European Union (EU) and the Gulf Cooperation Council (GCC) are at a crossroads. After the derailment of the negotiations for the Free Trade Agreement (FTA) in 2008, the cooperation between the two regional blocs has remained low-key in a number of different areas, while the unprecedented changes that have taken place in North Africa and the Middle East, the common neighbourhood of the EU and the GCC, have not led to a renewed, structured cooperation on foreign and security policy issues. This volume addresses the shortcomings and potential of EU-GCC relations by taking stock of their past evolution and by advancing policy recommendations as to how to revamp this strategic cooperation. In this light, it highlights the areas where greater room for manoeuvre exists in order to enhance EU-GCC relations, discusses the instruments available and sheds light on the features of the regional and international context that are likely to significantly influence the new phase in the mutual relation between the two blocs. The book is the result of the research conducted in the framework of the project ‘Sharaka – Enhancing Understanding and Cooperation in EU-GCC Relations’ co-funded by the European Commission.
The Ever Changing Union
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Author : Christian Egenhofer
language : en
Publisher: CEPS
Release Date : 2009
The Ever Changing Union written by Christian Egenhofer and has been published by CEPS this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with categories.
"The Ever-Changing Union" provides a concise overview of the EU's history, institutional structures and decision-making processes. As such, its aim is not to cover the breadth or complexity of information that can now be found in EU text books; this overview should provide the reader with all the information required to gain access to a complex institutional system that has been changing ever since its creation. In the first section the European integration process is described from its beginnings in the early 1950s to the current ratification problems of the Treaty of Lisbon. A second part presents the EU's main institutions with their distinct features and a third explains how these institutions interact within the European decision-making process as a whole. In addition, the Reader includes an overview of fundamental principles of the European integration process, a comparison between the EU and federalist systems, the basic features of the EU budget and the key innovations to be introduced by the Treaty of Lisbon. The book is written for those with an initial or occasional interest in European policies and politics. More particularly, the authors believe it to be useful for civil servants, diplomats, businesses, NGO representatives as well as students and scholars who encounter the European Union in their work.
Impact Assessment In The Eu
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Author : Andrea Renda
language : en
Publisher: CEPS
Release Date : 2006
Impact Assessment In The Eu written by Andrea Renda and has been published by CEPS this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Business & Economics categories.
The importance of ex ante and ex post impact assessment in streamlining the regulatory environment and improving the legislative process has been stressed by scholars and testified to by international best practices. The potential benefits of regulatory impact assessment are also being rediscovered by EU officials, who lose no chance to recall that the Commission's ambitious "growth and jobs" strategy heavily depends on the pervasiveness of impact assessment in the regulatory process at EU and member state level. This study, conceived for scholars and policymakers, provides an overview of the state of the art on impact assessment. It focuses on the latest developments in the United States, UK, and EU, and presents a scorecard analysis of the Commission's extended impact assessments. The author concludes with a road map for improving the transparency, efficiency, and effectiveness of the EU Integrated Impact Assessment model.
The Allocation Of Power In The Enlarged Ecb Governing Council
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Author : Ansgar Hubertus Belke
language : en
Publisher:
Release Date : 2007
The Allocation Of Power In The Enlarged Ecb Governing Council written by Ansgar Hubertus Belke and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with categories.
This study analyses the allocation of power in the Governing Council of the European Central Bank (ECB) as it enlarges to accommodate new members of the economic and monetary union. For this purpose, two classical power indices that have their origin in solutions to co-operative games are applied. First, an assessment is made of the effects of enlargement on the voting power of different subgroups of the Governing Council that arise in the wake of the continuous accession process. Second, a systematic comparison is carried out to the status quo rule ('one member, one vote') with respect to the voting power of the ECB Executive Board and to the representativeness of European monetary policy, along with the potential for its renationalization.