Benefits and Spillovers of Greater Competition in Europe

Benefits and Spillovers of Greater Competition in Europe

Author: Tamim A. Bayoumi

Publisher:

Published: 2004

Total Pages: 68

ISBN-13:

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"Using a general-equilibrium simulation model featuring nominal rigidities and monopolistic competition in product and labor markets, this paper estimates the macroeconomic benefits and international spillovers of an increase in competition. After calibrating the model to the euro area vs. the rest of the industrial world, the paper draws three conclusions. First, greater competition produces large effects on macroeconomic performance, as measured by standard indicators. In particular, we show that differences in competition can account for over half of the current gap in GDP per capita between the euro area and the US. Second, it may improve macroeconomic management by increasing the responsiveness of wages and prices to market conditions. Third, greater competition can generate positive spillovers to the rest of the world through its impact on the terms of trade"--NBER website


OECD Economic Surveys: European Union 2007

OECD Economic Surveys: European Union 2007

Author: OECD

Publisher: OECD Publishing

Published: 2007-09-20

Total Pages: 176

ISBN-13: 9264033211

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This survey of the European Union economy reviews the EU's economic performance and discusses the main challenges, including pushing ahead with the internal market, opening up network industries to competition, removing barriers to labour mobility ...


Design for a New Europe

Design for a New Europe

Author: John Gillingham

Publisher: Cambridge University Press

Published: 2006-04-27

Total Pages: 41

ISBN-13: 1139455230

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How did the process of European integration break down; how can it be repaired? In European Integration, 1950–2003, John Gillingham reviewed the history of the European project and predicted the rejection of the European constitution. Now the world's leading expert on the EU maps out a route to save the Union. The four chapters of this penetrating, fiercely-argued and often witty book subject today's dysfunctional European Union to critical scrutiny in an attempt to show how it is stunting economic growth, sapping the vitality of national governments, and undermining competitiveness. It explains how the attempt to revive the EU by turning it into a champion of research and development will backfire and demonstrates how Europe's great experiment in political and economic union can succeed only if the wave of liberal reform now under way in the historically downtrodden east is allowed to sweep away the prosperous and complacent west.


The Economics of Corporate Governance and Mergers

The Economics of Corporate Governance and Mergers

Author: K. Gugler

Publisher: Edward Elgar Publishing

Published: 2008-01-01

Total Pages: 373

ISBN-13: 1848443927

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This book provides an insightful view of major issues in the economics of corporate governance (CG) and mergers. It presents a systematic update on the developments in the two fields during the last decade, as well as highlighting the neglected topics in CG research, such as the role of boards, CG and public interest and the relation of CG to mergers. Two important conclusions can be drawn from this book: the first is that corporate governance systems that better align shareholders and managers interests lead to better corporate performance; second, there is an important relationship between CG structures and the quality of firm decision-making, one of the most important being the decision to merge or take over another firm. Focusing on some of the often-neglected aspects of corporate governance such as non-profit organizations and public interest, as well as mergers and acquisitions from a CG perspective, this book will be a valuable resource for both academics and postgraduate students of finance, business and economics.


OECD Economic Surveys: France 2005

OECD Economic Surveys: France 2005

Author: OECD

Publisher: OECD Publishing

Published: 2005-08-31

Total Pages: 178

ISBN-13: 9264011498

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This 2005 OECD Economic Survey of France focuses on three key challenges faced by France: making the fiscal system sustainable, improving labour market performance, and product market competition. The chapter on the fiscal system includes annexes on ...


International Economics

International Economics

Author: Charles Van Marrewijk

Publisher: Oxford University Press

Published: 2012-04-19

Total Pages: 756

ISBN-13: 0199567093

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Covering both trade and international finance, this innovative text provides a thoroughly up-do-date and comprehensive treatment of each area. Throughout, the theory is illustrated with empirical evidence and an abundance of relevant case studies. It includes an online study guide.


Ensuring Effective Regulation in the EU

Ensuring Effective Regulation in the EU

Author: Great Britain: Parliament: House of Lords: European Union Committee

Publisher: The Stationery Office

Published: 2005-09-08

Total Pages: 108

ISBN-13: 9780104007426

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In March 2005, the European Commission issued a Communication designed to improve the EU regulatory environment in order to promote competition and trade and facilitate job creation. The Committee's report examines the proposals for better regulation, including the 'regulation tools' of impact assessment, simplification and consultation, the position of small and medium-sized enterprises (SMEs), the case for a new regulatory body to oversee regulation in the EU, the Inter-Institutional Agreement on Better Law-making and the role of Member States, the ambitions and activities of the UK presidency of the EU in this area. The Committee welcomes the initiatives and the attitudinal change that seems to be filtering through the Commission but highlights the need for full implementation and assessment; and also calls on the UK Government to ensure the issue is placed at the top of the EU political agenda.


The LIME Assessment Framework (LAF)

The LIME Assessment Framework (LAF)

Author:

Publisher:

Published: 2008

Total Pages: 244

ISBN-13:

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A methodological tool to compare, in the context of the Lisbon Strategy, the performance of EU Member States in terms of GDP and in terms of twenty policy areas affecting growth Publisher's note.