Search results for "European Integration"

Interest Rate Convergence, External Balances and the Euro Crisis

2016

Typically, the catching-up process between rich Northern Europe and poor Southern Europe and the diverging cost competitiveness between the two regions are considered alternative explanations for the widening current account imbalances in the euro area. This paper proposes a new explanation for the imbalances which led to the 2009 euro crisis i.e. large interest rate differentials among the EMU-12 countries which prevailed before the adoption of the euro. This finding suggests that the euro crisis was, at least to some extent, a consequence of the initial convergence shock.

Fronteras por definir, descontento creciente, alianzas inestables y amenazas externas: la Unión Europea y su tormenta perfecta

2018

espanolLa Union Europea se halla en una crisis existencial tan evidente que incluso politicos y analistas con antecedentes ideologicos diametralmente opues-tos han acabado coincidiendo en su diagnostico, y en la necesidad urgente de una terapia de choque que detenga lo que parece una carrera hacia la destruccion del proyecto europeo. El proposito del presente ensayo es pasar revista —aun al precio de tener que ser extraordinariamente sintetico en su abordaje— a los problemas que han sumido a la Union Europea en la mas grave crisis de su ya larga historia. Problemas que en todo caso son susceptibles de agruparse en cuatro grandes rubros: los que han ralentizado y hasta invertido el proceso d…

Narrativity and intertextuality in the making of a shared European memory

2016

The latest wave of European integration process, cultural Europeanization, includes complex processes, such as the attempts to create a shared European memory that would transcend national interpretations of the past. The cultural Europeanization can be perceived as a narrative operation: in it the EU, Europe, and Europeanness are given meanings and made sense of through narrativization. The article investigates the EU’s attempts to create a shared European memory by analyzing the exhibition narrative of the Parlamentarium, the visitors’ center of the European Parliament. The analysis indicates how the construction of an official shared European memory is operationalized through textual and…

Alignments of Latvian economy in the context of European integration

2000

From the poster boy of Europeanization to the sick man of Europe: thirty years (1990–2019) of Poland’s European policy

2021

The Eurosceptic turnabout which has taken place in the CEE constitutes one of the most significant factors weakening the cohesion of the EU. In this group, Poland is the key element in view of its size and the status of the ‘poster boy’ of Europeanization acquired in the previous years. This paper analyses the major trends in the European policy of the Polish governments in the long-term period of 1990–2018 on the basis of standardized data (addresses by the Polish ministers of foreign affairs) and a quantitative analysis. These data also shed light on the essence of changes taking place in Poland’s EU policy. What appeared to be important was both the change in the country’s status after j…

Reconsidering learning by exporting

2012

Self-selection and learning by exporting are the main explanations for the higher productivity of exporting firms. But, whereas evidence on self-selection is largely undisputed, results on learning by exporting are mixed and far from conclusive. However, recent research by De Loecker (J Int Econ 73(1):69–98, 2007) has shown that the conclusions from previous learning by exporting studies may have been driven by strong assumptions about the evolution of productivity and the role of export status. Relaxing these assumptions turns out to be critical to find evidence of learning by exporting in a representative sample of Spanish manufacturing firms. Our results indicate that the yearly average …

Effects of the European Monetary Union on High-Technology Exports

2021

AbstractOur study estimates the effects of the European Monetary Union (EMU) on high-technology (HT) export and assesses the potential knowledge spillovers of such trade. Irrespective of the importance of the HT trade channel, none of the previous studies in the literature focus on the effects of a common currency on HT trade. Increasing trade in the HT sector may lead to more efficient use of resources and help countries to move towards a knowledge-based economy. Moreover, it may lead to higher overall growth. After considering multilateral resistances, pair fixed effects and bias correction in the preferred (three-way bias-corrected) model, EMU membership becomes negative and statisticall…

Il doppio mito: sulla (pretesa) neutralità della politica monetaria della BCE e la (pretesa) non-vincolatività degli indirizzi di politica economica …

2021

Policies adopted by the governance of the EMU during the financial and Covid crises display a clear gap between the “form” and the “substance” of the institutional architecture of title VIII of the TFEU. It is submitted that this architecture is in sharp contrast with the European constitutional tradition. Furthermore, the traditional view is rejected, according to which the EU Commission and Council, as well as the ECB, are devoid of binding powers in the field of economic policy. Some reflections concerning both methodological implications of the foregoing and its possible effects on the European integration process are finally developed

Fiscal and regulatory federalism in the European Union

1995

This contribution summarizes some quantitative results and presents relevant policy-oriented conclusions obtained from research program No. PBS91-0363. It is mainly supported by the Inter-ministerial Committee on Science and Technology of the Spanish government, which was carried out at the Public Finance and Public Sector Economics Research Unit of University of Valencia (Spain) to analyze, from a fiscal and regulatory point of view, the dynamic characteristics of federalism in the European Union. The research was performed in order to contribute to the establishment of the basis for the acceleration of the economic European integration and the future constitution of the United States of E…

Culture – A Value of Public Management

2014

Abstract Culture has become the most dynamic component of our civilization. This dynamism, the search for new forms and means of expression, is the result as well as the engine of the “knowledge society”. Any analytical approach of cultural policies of European countries must be based on recognition and measurement of changes in political, economic and social field that brought the end of the second millennium: globalization and European integration.