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The Spanish Economy in the 1990s
This volume provides a detailed and comprehensive assessment of the performance of the Spanish economy in the 1990s and examines Spain's future prospects versus European Economic and Monetary Union. It analyses recent structural changes in the Spanish economy and macro-economic performance, as well as developments in government policy. The book als
The European Single Market
THE EUROPEAN SINGLE MARKET This volume comprises a collection of papers, some of which were presented at different workshops organized by the European Economics and Financial Centre (London), in conjunction with various European central banks. In addition the book contains, in Chapter 2, the text of a memorial lecture on Trade and Financial Relationships of the US and Europe given by this author in New York. The lecture, known as the Henry George Lecture, was given at St John's University in New York in April 1993. The workshops were part of a series of workshops, the first of which was hosted by the Central Bank of Finland. At these workshops usually some 20 central banks from Europe, the F...
Economic Modelling in the OECD Countries
among the 159 member countries of the United Nations Organization which are treated as country units, while smaller countries are grouped together in regions. The number of equations used is approximately 13 700, while the number of software steps for computation is approximately 100000. Computation, including tabulation, can nevertheless be performed very rapidly, and only about 20 minutes is required to make forecasts from the present up to the year 2000. The FUGI model is at present being used by the Projections and Perspectives Studies Branch, Department of International Economic and Social Affairs of the United Nations, for simulations of United Nations medium- and long-term internation...
Bond Markets, Treasury and Debt Management
Until not too many years ago, the Italian government bond market, though the third largest in the world in terms of size, was characterised by numerous inefficiencies and problems regarding both policy in managing the public debt and the operation of the market. These aspects tended to isolate the Italian market from the international fmancial community and to keep large, international investors away from our market. As the situation with Italy's public finances grew worse and with financial markets being deregulated and expanding internationally, several direct measures were taken in recent years to encourage an even greater recourse to the Italian government securities market and to improv...
European Monetary Union
A detailed analysis of the economic effects of the changeover to a unified European currency and the pressures caused by a dual-currency system over the transition period to the Euro. Subjects discussed include: * fiscal transfer payments: the implications of the US structure for the EMU * consequences of parallel currency 1999-2002 * feasibility of a single currency without the exchange rate mechanism * the relationship between the UK and Europe * accounts of moves towards monetary union in Austria, Portugal and Finland.
Enlargement of the EU and the Treaty of Nice
The Nice Treaty will shape the future of the European Union. Understanding the treaty and its implications is key for all those dealing with the applicant countries as well as those countries themselves. Deciphering the volume of official material on the subject of EU entry can be arduous. This report provides a clear and concise guide, outlining the procedure for joining the EU. It offers: A comprehensive analysis of the countries in line for accession to the EU An unbiased assessment of the prospects for each of the candidate countries based on an indepth survey of the thirteen applicant countries An appraisal of the development of these markets A checklist of the key requirements for entry together with projections for their accession Insight into the views of existing member states - the ultimate decision-makers - on the prospects for applicant countries based on interviews with actual decision-makers including Prime Ministers, Ministers of Foreign Affairs and officials of the European Commission A clear and unique guideline on the procedure and timing of entry for each applicant
