Results 201 to 210 of about 184,159 (308)

Global versus regional partnership. [PDF]

open access: yesJ Family Med Prim Care
Gupta H.
europepmc   +1 more source

External Actors, Pressures and Influences: European Integration and the Outside World

open access: yesJCMS: Journal of Common Market Studies, EarlyView.
Abstract The European Union (EU) increasingly faces external pressures, ranging from Russia's war of aggression against Ukraine to an economically and politically assertive China to deep changes in the transatlantic relationship with the United States.
Christian Freudlsperger, Lucas Schramm
wiley   +1 more source

Can Europe Sustain a New Rules‐Based Geopolitical Order?

open access: yesJCMS: Journal of Common Market Studies, EarlyView.
Abstract The European Union (EU) faces a unique opportunity to lead a new rules‐based international order in an era of American retreat and heightened global uncertainty. Yet its path to leadership is rife with obstacles. In this article, we draw on international relations literatures on international political economy and comparative politics ...
Kathleen R. McNamara, Federico Steinberg
wiley   +1 more source

Has the Euro Paid Off? A Study of the Trade‐Induced Welfare Effects of the EMU

open access: yesJournal of Money, Credit and Banking, EarlyView.
Abstract This paper aims to provide policy‐relevant insights into the effect of the euro on trade. It uses a new data set of bilateral international and intranational manufacturing trade flows for 69 countries over the period 1986−2016. A general equilibrium gravity model is estimated to quantify the welfare effect of the euro and its impact on ...
Silviano Esteve‐Pérez   +3 more
wiley   +1 more source

Financial Fragility and the Fiscal Multiplier

open access: yesJournal of Money, Credit and Banking, EarlyView.
Abstract We show that undercapitalized banks with large holdings of government bonds subject to sovereign default risk lead to a new crowding‐out channel: deficit‐financed fiscal stimuli lead to higher bond yields, triggering capital losses for the banks. Banks then cut back loans, which reduces fiscal multipliers.
CHRISTIAAN VAN DER KWAAK   +1 more
wiley   +1 more source

Global Factors in Noncore Bank Funding and Exchange Rate Flexibility

open access: yesJournal of Money, Credit and Banking, EarlyView.
Abstract We show that fluctuations in the ratio of noncore to core funding in the banking systems of advanced economies are largely driven by three global factors of both real and financial natures, with country‐specific factors playing only a minor role. Exchange rate flexibility helps insulate the noncore to core ratio from such global factors.
LUÍS A.V. CATÃO   +2 more
wiley   +1 more source

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