Europe’s unheeded vocation: from reconstructive vision to counterfactual critique
European Law OpenThis review essay forms a contribution to the Dialogue & Debate symposium on Christian Joerges’s volume Conflict and Transformation (Hart 2022). The specific angle of this article is an interdisciplinary one that conceives of Joerges’s work as a boundary-
Sabine Frerichs
doaj +1 more source
The Post-Crisis Sequencing of Economic Integration in Asia: Trade as a Complement to a Monetary Future [PDF]
Bilateral and regional cooperation initiatives in Asia have been growing in importance over the last five years. These accords span the real and financial sectors; rather than following the more typical pattern of Òtrade first, money laterÓ, recent ...
Michael G. Plummer
core
Exchange-rate policies and trade in the MENA countries [PDF]
Compared to the new European members (NEM) and to the new candidate countries, the Middle-East and North African (MENA) countries are a very heterogeneous and fragmented EU frontier. As far as monetary issues are concerned, exchange rate regimes are very
Amina Lahrèche-Révil, Juliette Milgram
core
Inflation, price dispersion and market integration through the lens of a monetary search model [PDF]
Recent monetary search models emphasize that the real effects of inflation via its impact on price dispersion depend on the level of search costs and, thus, on the level of market integration.
Becker, Sascha, Nautz, Dieter
core +3 more sources
Is Latin America an Optimal Currency Area? Evidence from a Structural Vector Auto-regression analysis [PDF]
This paper evaluates the advisability of a monetary union in Latin America applying the theory of optimum currency areas (OCA). The analysis, based on the traditional OCA criteria, suggests that there is no evidence for any monetary integration in Latin ...
Foresti, Pasquale
core +1 more source
Economic Preconditions for Monetary Integration in East Asia [PDF]
Asian Financial Crisis gave a devastating impact on East Asian countries, which had been enjoying good economic performance. As a result, there emerged various initiatives for monetary cooperation in order to avoid the next crisis in the region. However,
Junichi Goto
core
Exchange-Rate Arrangements and Financial Integration in East Asia: On a Collision Course? [PDF]
Financial integration in Ease Asia is actively being pursued and will in due course lead to substantial mobility of capital between economies in the region.
Hans Genberg
core
External Monetary Shocks and Monetary Integration: Evidence from the Bulgarian Currency Board [PDF]
Starting July the 1st 1997, Bulgaria adopted a Currency Board (CB) monetary system. This paper aims at investigating if the adoption of the CB monetary system, which involves the cost of loosing monetary autonomy, has provided a relatively better (with ...
Minea, Alexandru, Rault, Christophe
core
Cogent Economics & FinanceThis article examines the effects of monetary integration on the synchronization of the business cycle within ECOWAS (Economic Community of West African States) and contributes to the economic literature dealing with these aspects.
Louis-Joel Basneouinde Diendere +2 more
doaj +1 more source
The interaction of fiscal and monetary policy in a monetary union: Balancing credibility and flexibility [PDF]
This paper explores how decentralized, national fiscal policies interact with a common monetary policy in a monetary union. We show that fiscal policy plays a more important ro le in stabilizing country-specific shocks than with national monetary ...
Beetsma, R.M.W.J., Bovenberg, A.L.
core +1 more source