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Banking and Finance in the Mediterranean
This volume presents a panoramic picture of the many national and international trends and developments, factors, customs, and events that have characterised banking in the Mediterranean area over the past two centuries. During this period banking in the Mediterranean evolved distinct characteristics, several going well beyond the restricted realities of colonial relations. The range of issues covered by the book is extensive and includes both national banking evolution and pan-regional topics. The chapters touch upon various aspects of Iberian, Italian, French, Greek, Maltese, Moroccan, and Ottoman banking history, focusing particularly on issues relating to central banking, numismatics, ar...
Decentralised Government in an Integrating World
The book offers a comprehensive empirical analysis of the determinants of changes in the distribution of expenditure and revenue-raising powers among fiscal tiers in OECD countries. Using a new indicator of fiscal decentralisation which accounts for subnational decision-making autonomy, common decentralisation trends are investigated. Then, empirical evidence from panel analyses is provided for the role of costs, preferences and institutions in explaining fiscal federal structures, and for the impact of economic and political integration on the degree of government decentralisation, particularly among EU countries. Finally, the historical experience of Germany is used to explore long-term developments in the public sector.
Portugal
This book's contributors examine in a comparative perspective the gains and risks of Portugal's regional integration into the EU and suggest options for the future.
Built to Last
Annotation. The European Constitutional Convention offers a historical opportunity to rethink and to improve the governance and organization of the European Union. At stake is Europe's political architecture: the form that government takes and the allocation of responsibilities between the member states and supranational bodies. Many reform proposals have already been offered to the Convention. This Report provides a method for evaluating those options, developing an analytical framework derived from recent developments in the theory of positive political economy. On this basis the authors conclude that a presidential system of governance is likely to be best adapted to Europe -- and specifi...
Czech Republic
The analysis is structured around the standard taxonomy of transmission channels. A monetary tightening must limit banks' ability to supply loans by reducing bank reserves/bank credit. The direct interest rate channel is the strongest channel of the monetary policy transmission mechanism (MPTM), but the exchange rate channel is weak. The government has started addressing the institutional impediments constraining credit to domestic enterprises. Joining the European economic and monetary unit will strengthen the pass-through from policy rates to lending rates.
Research Handbook on the Enforcement of EU Law
This comprehensive Research Handbook investigates the success of EU law enforcement processes. Going beyond traditional analyses of administrations and courts in isolation, it focuses on the increased cooperation seen between national and EU authorities, and on the widening variety of means used to enhance compliance with EU norms.
Analyzing Energy Crises and the Impact of Country Policies on the World
In an age marked by unparalleled industrialization and technological strides, intricate energy challenges reverberate through economies, societies, and international relations. The world's dependence on fossil fuels and delicate energy supply chains lays bare the vulnerability to imminent energy crises, carrying extensive economic, social, and geopolitical implications. Analyzing Energy Crises and the Impact of Country Policies on the World steps in as a vital resource, meticulously navigating historical contexts, current crises, and policy-driven influences shaping the energy panorama. This book empowers policymakers, researchers, stakeholders, and students, fostering a profound comprehension of energy dynamics. It unveils the origins of crises, scrutinizes vulnerabilities across supply and demand, and underscores the pivotal role played by major energy stakeholders in shaping global markets. Ultimately, the book offers a guiding light to decision-makers, illuminating proactive strategies and urging transformative solutions to steer the world toward an energy future that is both secure and sustainable.
Reform Options for the EU Own Resources System
The general review of the European Union’s budget scheduled for the years 2008 and 2009 offers a unique opportunity for reflections. Explicitly this review is “without taboos” so that also substantive changes can and should be debated. Without doubt much better budgetary systems can be imagined compared to the status quo of the EU budget which is the outcome of a path-dependent process and where many details are only understandable by taking account of the historical context of past decisions. However, even if much better systems could be designed in theory, each reform suggestion, in the end, must pass the reality check of fi- ing unanimous support from all 27 member countries. This r...
Economic Policy
This book is an English language version of Politique économique, previously published in French by De Boeck & Larcier. It fills a major gap by presenting stylized facts and key questions for modern economic policy together with the essential theoretical tools in major policy fields: fiscal policy, monetary policy, international finance, tax policy, and long-term growth. The causes and lessons of the financial crisis are addressed comprehensively.
Polycentricity in the European Union
Analyses European Union governance from the perspective of polycentric theory, aimed at improvements in achieving individual self-governance.
