Overview

"This tital addresses a number of vital economic convergence issues in the European Union. These are both general and specific issues relating to financial and monetary matters as well as social and labour market concerns. The book opens with a discussion of problems of a general nature. Questions posed include: What is the convergence record in the EU so far? Is there a sign of Baumol and Quah's ""convergence clubs"" and ""twin peaks""? Have the ""structural funds"" of the European Commission made any difference? The authors then analyse questions of a fiscal and monetary nature: Can we expect the monetary policy of the ECB to have similar effects in the EMU member-states, or is it in itself a source of asymmetric shocks? Has EU membership made any difference, with respect to the initial differences in tax revenue structures? Finally the book focuses on questions regarding social and labour markets: Is global economic convergence compatible with sustainable differences in national social protection levels? Does European globalization force labour markets to ""de-institutionalize"" and do European labour markets converge to a ""Third Way"" model?"

Full Product Details

Author:   Wim Meeusen ,  José Villaverde
Publisher:   Edward Elgar Publishing Ltd
Imprint:   Edward Elgar Publishing Ltd
Edition:   illustrated edition
Weight:   0.528kg
ISBN:  

9781840646665

ISBN 10:   1840646667
Pages:   256
Publication Date:   26 September 2002
Audience:   College/higher education ,  Undergraduate ,  Postgraduate, Research & Scholarly
Format:   Hardback
Publisher's Status:   Active
Availability:   To order  
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Table of Contents

Full Contents: 1. Introduction and Outline Part I: Convergence Between Nations and Regions in the EU: General Issues 2. Regional Adjustment and Convergence in Euro-land 3. A Quarter of a Century of Real GDP and Growth Rate Convergence and Divergence in the EU 4. Convergence or ‘Twin Peaks’? The Spanish Case 5. The Impact of European Structural Funds on Economic Convergence in European Countries and Regions 6. Optimum Currency Area Theory and Monetary Integration as a Gradual Process Part II: Convergence in the EU: Fiscal and Monetary Issues 7. The Impact of EU Membership on Tax Revenue Structures 8. The Propagation of Monetary Policy in Europe Part III: Convergence in the EU: Social and Labour Market Issues 9. Some Theory on the Sustainability of Different Levels of Social Protection in a Monetary Union 10. European Labour Markets under Convergence Pressure 11. Distorted Labour Markets and Revealed Comparative Advantage: A Note on the Single Market and the EU Periphery 12. Social and Employment Policies in the EU: Convergence on a ‘Third Way’ Model? Index

Reviews

`A very detailed and comprehensive book, enriched with a wide range of tables and graphs, which will be of delight to researchers and decision makers.' -- European Library

'A very detailed and comprehensive book, enriched with a wide range of tables and graphs, which will be of delight to researchers and decision makers.' -- European Library

Author Information

Edited by the late Wim Meeusen, former Professor of Economics, Universiteit Antwerpen, Belgium and José Villaverde, Professor of Economics, Universidad de Cantabria, Spain

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