1,721,114 research outputs found
Les enjeux pour la zone Euro dans le dix années à venir
No full textCollignon Stefan. Les enjeux pour la zone euro dans les dix années à venir . In: Revue d'économie financière, n°96, 2010. L'euro en 2019. pp. 121-131
Policy challenges for Euroland over the next decade
No full textCollignon Stefan. Policy Challenges for Euroland over the Next Decade . In: Revue d'économie financière (English ed.), n°96, 2010. The Euro in 2019. pp. 115-123
Macroeconomic imbalances and comparative advantages in the Euro Area
No full textThe 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
Regionale Integration und Entwicklung in Ostafrika
No full textSIGLEAvailable from Bibliothek des Instituts fuer Weltwirtschaft, ZBW, Duesternbrook Weg 120, D-24105 Kiel A 186025 / FIZ - Fachinformationszzentrum Karlsruhe / TIB - Technische InformationsbibliothekDEGerman
Les pays de l'Est dans l'Europe : pour une zone écu
No full textCollignon Stefan. Les pays de l'Est dans l'Europe : pour une zone écu. In: Revue d'économie financière. Hors-série, 1992. Le Traité de Maastricht : quelles conséquences pour l'Europe financière ? . pp. 253-275
Democracy and Europe's crisis of legitimacy
No full textFirst paragraph: The European Union is in a state of profound crisis. The way it responds to its current situation will determine whether the European dream can survive. The failed ratification of the Constitutional Treaty first revealed the crisis. The European Council meeting in June 2005 then aggravated it, when the heads of state and government failed to agree on a financial framework for the EU budget over the next seven years. Although a compromise was stitched up in December, the European Parliament has rejected it as insufficient. Without the financial means to implement policies, the efficiency of European policy-making is seriously hampered, and without a constitution there is little hope that this will improve
Europe's economic government or how to use the Treaty for more effective economic coordination in the euro area?
No full textL’Union européenne a-t-elle une stratégie économique extérieure?
No full textTraduzione a cura di Mathilde Durand. Titolo originale: Does Europe have an external economic strategy
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