The Economics of European Integration
Now in its 5th edition, the Economics of European Integration guides students through the facts, theories and controversies surrounding the dynamics of European economics. With clear and comprehensive discussions about European history, law, institutions, politics and policies, students are encouraged to explore and analyse the contemporary status of integration within the European Union. Designed for students taking modules in European economics, the text provides in-depth analysis of economics arguments with examples, illustrations and questions to help bring this thought-provoking subject to life.
The Economics of European Integration
Through four previous editions The Economics of European Integration by Willem Molle has established itself as a preferred textbook for students of the economics of the EU as well as a reliable reference work for those with a professional interest in the European Union. Carefully revised, this fifth edition takes into account changes in course requirements, new statistical information, and recent policy developments. It includes new material on: - the ongoing integration of the New Member States and the new forms of association with accession countries in Central and Eastern Europe; - the implementation of the Monetary Union and the performance of the euro; - the EU experience as a guide for the economic integration of other regions and for the improvement of world economic governance. Written in a clear style and combining original insights with authoritative analysis, this new edition will further enhance the book's reputation for providing the ideal introduction to the economics of the European Union.
Routledge Handbook of the Economics of European Integration
Routledge Handbook of the Economics of European Integration provides readers with a brief but comprehensive overview of topics related to the process of European integration in the post-World War II period. Its short chapters reflect the most up-to-date and concise research, written by a collective of experts on their own subjects. The aim of this book is twofold. Firstly, the text illustrates the broad and diverse range of issues associated with European integration, and lastly, the key approaches and findings are summarised. Since institutional integration in Europe is an ongoing process, with possibly frequent and sometimes rapid changes, the chapters are intended to focus on the key features of the economic analyses of these topics. A wide and diverse set of economic issues is of direct relevance for European integration. These topics cover various fields, ranging from the history of the European Economic and Monetary Union, EU Trade Policy and the stability of international trade, single market issues over fiscal, monetary and other policies, the crisis that faces the Euro area, and institutions such as EU Council of Ministers. Not surprisingly, many of these issues have also been analysed from a European perspective. This handbook is designed to provide students, researchers, the public and policy makers with ready and accessible knowledge of issues related to European integration and will provide the definitive overview of research in the area.
The Economics of European Integration
It is of paramount importance that European firms, investors and countries take into consideration the implications, changes and opportunities of European integration in their decision-making processes. This is reinforced by the fact that the EU has been continuously evolving and enlarging.
The economics of European integration
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The Economics of European Integration System Competition versus Harmonization
Seminar paper from the year 2002 in the subject Economics - International Economic Relations, grade: 1,3 (A), University of Göttingen (Economics Seminar), course: European Integration and EU-Enlargement, 17 entries in the bibliography, language: English, abstract: The process of European Integration, especially the economic perspective of these fascinating developments is the main issue of this seminar paper. The decisive questions leading through the analysis are the following: which approaches to economic integration exist, which one of them has been, is and will be dominant in the respective European Integration process and whether the current framework is appropriate for the future, always in mind the further enlargement towards a European Union of 25 or even 27 member states. I structure my analysis into mainly three parts, namely the underling theory, an empirical analysis and an outlook for the future. The emphasis is clearly on the first two parts, which are based on an economical perspective of integration processes. I present the underlying theory of economic integration, namely the two approaches to it, System Competition and Harmonization at first. Afterwards, an overview of the process of European Integration is provided, always in mind the perspective of economic integration and therefore the ongoing battle of the two approaches to gain more importance in the process. While doing so, I analyse phases or stages in which one of these approaches has been increasingly dominant in the integration process and try to analyse why this special pattern has occurred. At the end of my paper, I combine the economic perspective to integration with a more general, but interesting concept to integration processes, which could help to overcome the increasing stagnation tendencies in European Integration that is one of the main findings of my earlier analysis. Although this Concept, named Differentiated Integration provides one with extensive measures to reform the integration process, I limit the perspective to mostly the changes and proposals with importance to economic integration as this is the core issue of this paper. Thus, the final presentation of reform proposals is less focused on how the European Union as a final Political Union could look like in the far future, but more on how to overcome stagnation tendencies and gain dynamic impulses again with more technically orientated middle-term actions.
The Economics of European Integration
Acclaim for the first edition: ÔThe book is essential for students in European studies, international economics and business or international relations at both graduate and postgraduate level.Õ Ð Ricardo Pinheiro-Alves, The Times Higher Education Supplement Thoroughly revised and updated, the second edition of this highly acclaimed textbook will be required reading for graduate and undergraduate students on a wide range of courses including: European economics, economic policy, European integration, European studies and international relations. Exploring the EU at an important turning point and during uncertain and turbulent times, the text will also prove an invaluable reference tool for academics and policy makers concerned with any facet of European integration. Comprehensive and accessible, this far-reaching text: ¥ provides in-depth, state-of-the-art analysis of the origins, achievements and prospects of principal EU economic policies ¥ covers all EU member countries as well as candidate countries ¥ sets scenarios for future EU policy and organisational evolution ¥ prescribes possible paths and directions for the EU, not only for economic policies but also for organisational structure; ¥ features supplementary data via a companion website. Topics explored in detail include: EU budget, competition policy, Common Agricultural Policy, fiscal integration, monetary integration, industrial policy in manufacturing and services, trade policy and international economic cooperation, regional policy, social policy, mobility of labour, energy policy, transport policy, environment policy and enlargement.
Economics of European Integration
Integration theories focus on five important dimensions of the process of integration among countries: the content of integration processes; the organizational forms of institutions of integration; regulation and governance of integration; the advantages and disadvantages of integration; and finally, the problems of integration maturity. For a long time the literature on integration attached particular importance to the forms of integration, and to cost-benefit analysis. Regarding the content, forms and effect mechanisms of the integration processes a number of theoretical schools have emerged, each emphasizing a different aspect of integration; together, they provide a comprehensive picture and ultimately they express the evolution of the process in all its complexity. In connection with "eastward" enlargement, from the 1990s the question of integration maturity appeared on the agenda. This book distinguishes between meeting accession and membership criteria, largely set in Copenhagen
The Economics of European Integration The Single Market Programme and its weaknesses
Seminar paper from the year 2002 in the subject Economics - International Economic Relations, grade: 2,0 (B), University of Canterbury (Economics), course: The Economics of European Integration, 11 entries in the bibliography, language: English, abstract: Economic integration can be defined as a long-term process in which several stages improve the level of integration. The first step is a free trade area in which internal visible trade restrictions (customs duties, quotas) between partner counties are removed. Examples for those forms of economic integration are the North American Free Trade Area (NAFTA) and the Asian Free Trade Area (AFTA). Adding a common external tariff for non-member countries to the elimination of internal trade obstacles creates ensuing a Customs Union. The next level of integration, the single market for commodities, is achieved by removing visible and invisible trade barriers. Therefore all restrictions on trade between member-countries are abolished and a common external tariff is imposed on external countries. Following to this level free factor mobility of production and of financial assets generate a common market. Next steps to economic integration are the Monetary and lastly the Economic Union by having a common currency and policy. Theme of this essay is critical arguments of disestablish trade barriers towards the European Union (EU) and its underlying economic theories in respective to the Single Market Programme (SMP), its aims and if they are achieved in terms of labour and social policies. Therefore it is necessary to have a focus on the removal of non-tariff barriers (NTBs) exemplary for goods and labour.
The Economics of European Integration The Perspective of Italy
Seminar paper from the year 2013 in the subject Business economics - Economic Policy, grade: 2.0, University of Applied Sciences Berlin, language: English, abstract: After a successful launch of the Euro and some beneficial years for the countries in the European Monetary Union enjoying low interest rates, the bankruptcy of Lehman Brothers in 2008 triggered a global financial and economic crisis which especially in the European Monetary Union turned into a sovereign debt crisis. Based on the ninth edition of Paul De Grauwe’s book “Economics of Monetary Union”, this paper analyzes Italy’s economic development in the last years and shows the benefits and costs for Italy of being in the European Monetary Union with special regard to Robert Mundell’s theory of optimum currency areas (OCA-theory) (1961), the occurrence of asymmetric tendencies/shocks, their relevance for the country, and the question of overcoming of those shocks. In the end a clear answer is given if it was a good or a bad decision for Italy and its economy to join the European Monetary Union.