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Pension Systems
Recently, policy debate and comparative research on old-age pensions have focused on the financial sustainability of pension systems in the face of demographic change. This study, however, also takes into account distributional effects involved in pension system structures. Theoretical, institutional and empirical analyses are combined to form a comprehensive framework for evaluating financial sustainability and distributional effects of the pension systems implemented in Germany and the United Kingdom. Along with projections of demographic trends and future public pension expenditure, the empirical results on old-age incomes and their distribution allow for identifying a number of reform options for each pension system to improve their financial or distributional results.
Evolution of Italian Enterprises in the 20th Century
During the first two-thirds of the 20th century the themes of sectorial structure and compared performance prevail in Italian economic historiography. In contrast, in the last part of the century attention is focused on the behavior of single economic actors and their micro-economic strategies. This book intends to act as a bridge between the two approaches, and reconstructs the secular journey of Italian industrial enterprise through an original study.
Economic Spillovers, Structural Reforms and Policy Coordination in the Euro Area
This book analyzes economic interdependence in the Euro Area. It offers expert estimates of the sign and size of economic spillovers. Moreover, the authors explore the impact of economic policy coordination on economic performance in the Euro Area. Among the many topics explored are the link between fiscal and monetary policies in the Euro Area and the coordination of fiscal policies and of structural reforms.
Trade Specialization in the Enlarged European Union
This study analyzes trade specialization patterns in the enlarged European Union with a special focus on the new EU member states and the cohesion countries. Empirical findings on revealed comparative advantage and a broader picture of competitiveness on the single market are presented from a sectoral trade point of view. Further, the author analyzes whether trade specialization patterns converge within the enlarged EU.
Reporting on Income Distribution and Poverty
Richard Hauser Irene Becker Johann Wolfgang Goethe-University, FrankfurtlMain This volume marks the end of a research project of the editors titled "The Devel opment of the Personal Distribution of Income in Germany" that was financed by the Hans Bockler Foundation from 1994 to 2001. This research concentrated on a national perspective, studying many aspects of income inequality and poverty in West Germany between 1969 and 1998 and extending the analyses to inequality in East Germany after the German reunification. Now at the end point of our empiri cal analyses, we want to expand the perspective to other research in this field, to challenges for future research, and to the European dimension, rather than to summarise all our results, which is done in another bookl. In 2001, the German goverrunent published its first Poverty and Wealth Re 2 port , which also draws on results from our research project. Thus, the intention of this volume is threefold: presenting and advancing Gernlan reporting on poverty in other coun and wealth, examining experience with advanced reporting schemes tries, and discussing comparative concepts for social monitoring in the European Union.
Governance of Communication Networks
Few would doubt the potential of information technology to connect individuals, firms and organisations. Whether this will actually lead to the integration of markets and societies is a different issue. The articles collected in this book shed light on crucial considerations for the success of global communication networks. These include frameworks for regulation, inclusion of customers in defining product and service strategies, access to advanced technology and networks for all groups, and more.
Regionalisation, Growth, and Economic Integration
This book analyses the process of regionalisation and plots its future development. Regionalisation is a common feature of the changing territorial organisation of European states today. Regionalisation alone, however, cannot produce any of the benefits attributed to it without looking into the conditions in which it occurs. Bringing together theory and empirical applications, coverage examines a host of these conditions.
The Design of the Eurosystem's Monetary Policy Instruments
The creation of a single monetary currency and a single monetary policy in the euro area has faced extraordinary challenges, among them the design of suitable monetary policy instruments. This book evaluates monetary policy instruments of the Eurosystem against a number of requirements. To do so, a theoretical model framework is developed which brings together the monetary policy activities of a central bank and the liquidity management of banks considering the main characteristics and institutional features of the euro area.
The Economics and Regulation of Financial Privacy
This book provides the first in-depth analysis of the topic, offering an international comparison of credit reporting systems. Coverage includes competition in information markets, the microeconomics of information and privacy, and economic incentives to disclose or to conceal information. The book examines the history of credit reporting agencies and the regulation of privacy and credit reporting around the world. Finally, it surveys the effects of credit reporting in credit markets worldwide.
The Value Chain of Foreign Aid
This book assesses the prospects of official development assistance (ODA) for poverty reduction. It analyzes the entire value chain of ODA, including provision, allocation and utilization. Within each of these components, coverage examines scope and limits of aid. The horizontal interactions between donors and recipients as well as the vertical connections to local and region-specific conditions represent the heart of this book's approach.
