Two Years Into The Euro
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Two Years Into The Euro
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Author : Stefan Collignon
language : en
Publisher:
Release Date : 2001
Two Years Into The Euro written by Stefan Collignon and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Commerce categories.
Prospect Of European Economic And Monetary Union
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Author : Kiyoshi Takata
language : en
Publisher:
Release Date : 2001
Prospect Of European Economic And Monetary Union written by Kiyoshi Takata and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Euro categories.
The Euro After Two Years
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Author :
language : en
Publisher:
Release Date : 2001
The Euro After Two Years written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Euro categories.
The Impact Of The Euro On Trade
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Author : Vanessa Gunnella
language : en
Publisher:
Release Date : 2021
The Impact Of The Euro On Trade written by Vanessa Gunnella and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021 with categories.
The consensus back in 2008 – ten years after the introduction of the euro – was that the adoption of a common currency had made a limited impact of around 2% in total on the trade flows of the first wave of euro area countries (Baldwin et al., 2008). Since then, six more countries have joined the euro area, and firms have internationalised their production processes. These two phenomena are interrelated and may have changed the way the common currency affects the euro area economy. Therefore, with the common currency now into its third decade – and with more countries queuing to adopt it – this paper revisits the trade effects of the euro, focusing on the newer euro adopters (i.e. those countries that have adopted the euro since 2007) and their interaction with the first wave of euro area members via supply chains. The contribution of the paper is twofold. First, it revisits the estimated aggregate impact of the euro on euro area trade, as well as on trade within and between the two waves of adopters. Data on bilateral flows between 1990 and 2015 for an extended sample of countries to estimate a gravity equation indicate a significant trade impact, ranging between 4.3% and 6.3% in total on average, with the magnitude being the highest for exports from the second wave of adopters to the first wave of adopters. If a synthetic control approach (Abadie and Gardeazabal, 2003; Abadie et al., 2010) is used instead, the estimated gains associated with euro adoption are greater. In particular, exports of both intermediate and final products from countries belonging to the first wave of euro adopters to those belonging to the second wave are estimated to have increased by about 30% using this approach. The second contribution made by this paper relates to the channels through which trade might be affected by a currency union. This question is explored by looking separately at trade in intermediate goods and final products. While we find that trade gains were mainly driven by trade in intermediate goods among countries that adopted the currency earlier (5.3%), our results also show that the euro had a positive effect on the exports of final products from the second wave of adopters to other euro area countries. This effect is as high as 10.6% with the gravity model and 32% with the synthetic control approach. One of the reasons for the difference in the range of estimates between the two approaches might be that the gravity model can control for unobserved characteristics via fixed effects, while the synthetic control approach may fail to do so. These results suggest that the euro facilitated the establishment and expansion of international production chains in Europe. In turn, this is likely to have increased business cycle synchronisation in the euro area and to have supported market access for later adopters.
The Two Pack On Economic Governance
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Author : European Commission. Directorate-General for Economic and Financial Affairs
language : en
Publisher:
Release Date : 2013
The Two Pack On Economic Governance written by European Commission. Directorate-General for Economic and Financial Affairs and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with Economic stabilization categories.
"As the uncertainty relating to the sovereign debt crisis in some Euro Area Member States continued over the last two years, the extent and potential consequences of the spillovers between euro area Member States' economic, financial and budgetary situations has become increasingly evident. Building on the Six Pack on economic governance which entered into force December 2011, the European Parliament and the Council adopted two further pieces of legislation aimed at strengthening economic coordination and surveillance in the euro area. The so-called Two-Pack entered into force at the end of May 2013.This paper focuses on the regulation on the strengthening of economic and budgetary surveillance of Member States experiencing or threatened with serious difficulties with respect to their financial stability in the euro area (i.e. the regulation on enhanced surveillance) and attempts to explain the key objectives of the regulation."--Document home page.
Two Years On A Bike
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Author : gestalten
language : en
Publisher: Gestalten
Release Date : 2022-01-18
Two Years On A Bike written by gestalten and has been published by Gestalten this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-01-18 with categories.
When all your belongings fit in a few bags, your office is a roadside diner, and your home is a meandering route from Canada to the southern tip of Argentina? In Two Years on a Bike, Martijn Doolaard puts it to the test.
The Man Inside
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Author : Marco Buti
language : en
Publisher: EGEA spa
Release Date : 2021-10-07T00:00:00+02:00
The Man Inside written by Marco Buti and has been published by EGEA spa this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-10-07T00:00:00+02:00 with Political Science categories.
“An insider of the European Commission since the late 1980s, Marco Buti is a unique guide through the two crises of the 21st century.” - Giuliano Amato, former Prime Minister of Italy “Marco Buti and I have not always agreed on issues of economic policy. But I cannot think of somebody more qualified to tell us about the travails of Europe since the Great Financial Crisis. He was there all along.” - Olivier Blanchard, Senior Fellow at Peterson Institute for International Economics “This collection of VoXEU contributions shows how history is made. Marco Buti, a man inside the vortex of the making of European monetary history, produced and published a steady stream of reflections, analysis and reform proposals on VoxEU." - Beatrice Weder Di Mauro, President of the Centre for Economic Policy Research “To go from point A to point B in Europe is rarely a straight line. Actually, trying to take a straight line is often the best way not to get to destination.” This is one of the lessons drawn by Marco Buti, one of the very few top policy makers who went through the fi nancial and the sovereign debt crises and, lately, the pandemic crisis, which plagued the European Union over the past twelve years. This book, which brings together his real time input to the economic and policy debate, traces the intellectual journey leading to the design and implementation under duress of diffi cult policies and controversial reforms. His contribution is the graphic demonstration of Jean Monnet’s dictum that Europe will be forged in crises and will be the outcome of the responses to those crises. The book explains the analytical and empirical foundations of European policy choices that involved a delicate balance between economic, institutional and political considerations. What emerges is a new compass that helps understand the policy strategy the EU has adopted to fi ght the economic fallout of the pandemic.
The Future Of Europe
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Author : Jean-Claude Piris
language : en
Publisher: Cambridge University Press
Release Date : 2012
The Future Of Europe written by Jean-Claude Piris and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with Law categories.
Candid exploration of what Europe needs to do to overcome current crises, by a leading figure in the European Union.
The Brussels Effect
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Author : Anu Bradford
language : en
Publisher: Oxford University Press
Release Date : 2020-01-27
The Brussels Effect written by Anu Bradford and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-01-27 with Law categories.
For many observers, the European Union is mired in a deep crisis. Between sluggish growth; political turmoil following a decade of austerity politics; Brexit; and the rise of Asian influence, the EU is seen as a declining power on the world stage. Columbia Law professor Anu Bradford argues the opposite in her important new book The Brussels Effect: the EU remains an influential superpower that shapes the world in its image. By promulgating regulations that shape the international business environment, elevating standards worldwide, and leading to a notable Europeanization of many important aspects of global commerce, the EU has managed to shape policy in areas such as data privacy, consumer health and safety, environmental protection, antitrust, and online hate speech. And in contrast to how superpowers wield their global influence, the Brussels Effect - a phrase first coined by Bradford in 2012- absolves the EU from playing a direct role in imposing standards, as market forces alone are often sufficient as multinational companies voluntarily extend the EU rule to govern their global operations. The Brussels Effect shows how the EU has acquired such power, why multinational companies use EU standards as global standards, and why the EU's role as the world's regulator is likely to outlive its gradual economic decline, extending the EU's influence long into the future.
The Nordic Labour Market Two Years After The Eu Enlargement
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Author : Jon Erik Dølvik
language : en
Publisher: Nordic Council of Ministers
Release Date : 2006
The Nordic Labour Market Two Years After The Eu Enlargement written by Jon Erik Dølvik and has been published by Nordic Council of Ministers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.