International institutions Books

Book SynopsisConcerns about European prospects for competitiveness, jobs and growth are high on the European Union agenda and regulatory reform, both at national and EU levels, is widely recognised as a crucial tool for improving the performance of European companies. Despite the single market, selective sectoral regulatory reform and certain reforms at the national level, regulation in Europe still tends to discourage new entrants, impede new production methods and inhibit the exit of existing competitors. It often increases costs without providing compensatory benefits, reduces operational flexibility and distorts capital expenditure, creating obstacles to innovation. The authors in this book argue that regulatory reform can, more often than not, help improve the competitiveness of companies while generating net growth effects for the European Union as a whole.In this book, the authors discuss the horizontal issues involved in regulatory reform. Following an extended introduction by the editors, two general chapters address regulation and growth, and the regulatory burdens and failures in Europe. Other chapters deal with national competition policy, state aid, EU environmental policy, reforms in product markets, labour market reforms, the regulatory environment of small and new firms, and the current, insufficient EU reforms to improve regulatory quality. Throughout the book the authors aim to demonstrate how the market can function more efficiently and offer policy recommendations to show how regulatory reform can improve competitiveness at the firm level as well as performance at the industry, national and EU levels.Table of ContentsContents: Preface 1. Introduction: Aims, Structure and Overview 2. Growth and Regulation 3. Regulation in Europe: Justified Burden or Costly Failure? 4. National Competition Policies 5. State Aid in Context 6. Environmental Policy Reform in the EU 7. Reforming Product Regulation in the EU: A Painstaking, Iterative Two-Level Game 8. The Economic Impact of Product Liability: Lessons from the US and the EU Experience 9. Regulation and Labour Market Performance 10. Deregulation and Labour Market Reforms: The Role of the Social Partners 11. Market Structure Dynamics and Economic Growth 12. Better EU Regulatory Quality: Assessing Current Initiatives and New Proposals

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Book SynopsisConcerns about European prospects for competitiveness, jobs and growth are high on the European Union agenda and regulatory reform, both at national and EU levels, is widely recognised as a crucial tool for improving the performance of European companies. Despite the single market, selective sectoral regulatory reform and certain reforms at the national level, regulation in Europe still tends to discourage new entrants, impede new production methods and inhibit the exit of existing competitors. It often increases costs without providing compensatory benefits, reduces operational flexibility and distorts capital expenditure, creating obstacles to innovation. The authors in this book argue that regulatory reform can, more often than not, help improve the competitiveness of companies while generating net growth effects for the European Union as a whole.In this second volume, the authors discuss the vertical issues involved in regulatory reform. The authors describe in detail the regulatory reforms which are needed or have been initiated in nine major industrial sectors, including automobiles, textiles and clothing, retail trade, chemicals, banking, road transport, telecoms, electricity and (scheduled) air transport.In the companion volume, Regulatory Reform and Competitiveness in Europe, 1: Horizontal Issues, the authors address regulation and growth, and the regulatory burdens and failures in Europe. The book also deals with national competition policy, state aids, EU environmental policy, reforms in product markets, labour market reforms, the regulatory environment of small and new firms, and the current, insufficient, EU reforms to improve regulatory quality.Table of ContentsContents: Preface 1. Introduction: Aims, Structure and Overview 2. Regulatory Reform for the Better Functioning of Markets: The Case of the Automobile Industry 3. Is the Suspect Guilty? Labour Market Effects of Trade Liberalisation in Textiles 4. Regulations and Retail Trade 5. The Chemical Industry and Regulation 6. Road Transport 7. Deregulation and Changes in the European Banking Industry 8. Regulation and Competition in Telecommunications 9. Regulatory Reform in the Electricity Industry 10. Some Structural Issues in Regulatory Reform and Market Functioning in the European Electricity Supply Industry 11. Air Transport Regulation in the EU

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Book SynopsisThis important book presents a comprehensive and systematic investigation of the effectiveness of environmental policy within the European Union at the dawn of the twenty-first century.The development of environmental policy, including the policymaking process, is analysed from an historical perspective. The authors then examine implementation and enforcement and present a critical appraisal of the impact of environmental policy throughout Europe. Key issues discussed include: trade and the environment environmental protection and the maintenance of industrial competitiveness agriculture and the environment energy and environmental policy transport and the environment tourism and the environment The authors provide insight into the problems of reconciling differing national interests, and present a number of proposals for environmental policy in the future. They conclude that what is required for effective environmental policy is not more radical measures but the opportunity for the measures already in place to be effectively implemented.This book will be of interest to a wide audience including students interested in environmental issues and the European Union, as well as postgraduates and academics working in the fields of environmental management and environmental studies. It will also be of use to environmental policymakers, consultants, advisers and non-government organizations.Trade Review'In the space of some 300 pages, the authors present the reader with a comprehensive treatment of the key features of EU environmental policy. . . This is an excellent addition to the literature and can be recommended to both the academic and practice-based readers of Business Strategy and the Environment.'Table of ContentsContents: Preface 1. Introduction: The Rationale for a European Union Policy on the Environment 2. Developing the EU’s Environmental Perspective 3. The Makers of Environmental Policy 4. Implementation and Enforcement of Policy 5. Market Forces and the Environment 6. Trade and the Environment 7. Environmental Protection and the Maintenance of Industrial Competitiveness 8. Agriculture and the Environment 9. Energy and Environmental Policy 10. Transport and the Environment 11. Tourism and the Environment 12. The Future for Environmental Policy within the EU Bibliography Index

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Book SynopsisThe eastwards expansion of the European Union is one of the most explosive economic and political issues of the early 21st century. Economic and financial stability combined with rising prosperity in the applicant countries are increasingly seen as necessary preconditions for European Union membership.This authoritative volume, written by scholars and practitioners from Central and Western Europe and the United States, confronts the issues involved in three of the countries most likely to be successful applicants to the EU - the Czech Republic, Hungary and Slovenia. A spotlight is turned on the banking and financial industries, as they are crucial to the achievement of economic stability. The blend of expertise deployed, which draws on in-depth knowledge and extensive experience in central banking, financial and commercial law, business, practical policy making and economic analysis, ensures that this book is timely, relevant and insightful.The authors suggest that the role of the state in both creating and maintaining an effective financial sector is central. Furthermore, they argue that well-regulated commercial banks and strategic foreign investors are a must as, in practice, the attempt to skip straight to modern capital markets has been ruinous.This accessibly written volume will be of interest to students and scholars of economics, finance, law, political science, the sociology of economic life and European studies.Trade Review'. . . this book would be suited to lawyers and non-lawyers alike. In addition, it provides an interesting look at the EU banking system and the systems of Central and Eastern European countries.' -- Ellie Palmer, Journal of International Banking Law and RegulationTable of ContentsContents: Preface 1. Introductory Overview Part I: Regulatory Background 2. Evolution of EU Banking: Supervisory Implications 3. Harmonisation and Legal Transplantation of EU Banking Supervisory Rules to Transitional Economies: A Legal Approach Part II: Case Studies 4. Banking Regulation and Supervision in Associated Countries: A Case Study of the Czech Republic 5. An Outline of the Banking Regulation and Supervisory System in Slovenia 6. Hungarian Banking in Transition Part III: Policy Issues and Implications 7. Real Dangers in Banking Crises: Examples of Failed Hungarian Banks 8. Western Rules for Eastern Banking Part IV: Conclusion 9. The New Pragmatism and a New Paradigm: The Transformed Role of the State Index

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Book SynopsisThe future of European Monetary Union (EMU) stands as one of the most important economic issues of the era. The author argues that in the event of macroeconomic shocks, rather than acting as a cohesive force, EMU could give rise to disunity. As EMU is not an optimal currency area, asymmetric shocks affecting each country differently could be critical to its future. The success of EMU depends upon the ability of institutions in the EU to satisfy the monetary and fiscal policy demands of sufficient numbers of national constituents, interest groups, and multinational corporations. This book employs principles from public choice to analyze the EU institutions that participate in the monetary policy making process of EMU and assesses whether they have the mechanisms to cope with asymmetric macroeconomic shocks. In particular, it examines the European Council, Council of Ministers, European Commission, European Parliament and the European Central Bank.This book provides an invaluable critique of the EMU plan and will be of interest to scholars of European economics, macroeconomics and public choice.Trade Review'This book examines European economic and monetary union from the perspective of public choice theory - that is, whether it is consistent with the interests of the protagonists. EMU was born mainly out of the political agenda for creating ever-closer union. Professor Martin-Das explains how the interaction of economic shocks and political interests has the potential to break up EMU and frustrate that objective. The book is a careful survey of the various fields of economic thought that come together in this topic, as well as a mine of information on the European Union's institutions and evolution.' -- Patrick Minford, University of Wales, UKTable of ContentsContents: Preface 1. Introduction 2. European Economic and Monetary Integration, Prior to the Creation of the European Communities 3. European Economic and Monetary Integration: The Creation and Development of the European Communities 4. The Theory of Currency Unions 5. Economic Background to the European Monetary Union 6. Monetary and Fiscal Policy and Institutions in the European Monetary Union 7. A Rational Choice Approach to the Political Marketplace of the European Union 8. Institutions and Monetary Policy 9. Macroeconomic Shocks to the European Monetary Union 10. Political Implications of Macroeconomic Shocks 11. Conclusion References Index

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Book SynopsisOne of the major effects of the continual process of European integration is the growing importance of transnational institutions and the accompanying legal harmonization. Such institutional changes have led to a seemingly irreversible transformation in public decision making, whereby power at the national level is displaced to the European and regional levels. This essential book provides a law and economics analysis of the challenges arising from these shifts in authority.The process of harmonization is investigated from a normative point of view, in order to examine whether a uniform legal framework should be promoted. On the positive side, the goal is to assess the efficiency of this process and its impact on public policies. The authors then turn to applied issues and propose an agenda for future research. The book comprehensively covers both private and public law, as well as applied and theoretical issues. The authors analyse the legal debate from a new political economy perspective, offering diverse and sometimes contrasting views.The Economics of Harmonizing European Law highlights the debate between competition and harmonization which will be sure to shape the future of Europe. It should be read by students and scholars of law and economics, and European policymakers. It will also provide a valuable reference in the field of law harmonization for law practitioners.Table of ContentsContents Preface Introduction: The economics of the constitutional moment in Europe Jean-Michel Josselin and Alain Marciano PART ONE COMPETITION AND HARMONIZATION 1 Regulatory competition or harmonization of laws? Guidelines for the European regulator Roger Van den Bergh 2 How to predict the differences in uniformity between different areas of a future European private law? An evolutionary approach Jan M. Smits 3 Legal culture as (natural?) monopoly Anthony Ogus 4 Judicial competition, legal innovation and European integration: an economic analysis Sophie Harnay and Isabelle Vigouroux PART TWO HARMONIZATION IN PRACTICE 5 European Union and public utility: a virtuous grouping? Lessons from the reorganization of Corsican external transport Thierry Garcia and Xavier Peraldi 6 The economics of harmonizing law enforcement Nuno Garoupa 7 Product liability and product safety in a federal system: economic reflections on the proper role of Europe Michael G. Faure 8 Vocational qualifications and the European labour market: the challenges and the prospects Jean-Baptiste Calendini and Christophe Storaï 9 Decentralized interregional cooperation in Europe Sylvie Graziani and Michel Rombaldi PART THREE COMPETITIVE DEMOCRACY AND THE FUTURE OF EUROPE 10 A Europe of variety, not harmonization Bruno S. Frey 11 Enlargement of the European Union and the Approximation of Law: lessons from an economic theory of optimal legal areas Dieter Schmidtchen, Alexander Neunzig and Hans-Jörg Schmidt-Trenz 12 Legal and economic principles for the common administrative law in Europe Jürgen G. Backhaus Index

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Book SynopsisGlobalizing Europe examines the involvement of the European Union in the deepening integration that results as trade and transnational production link markets and economic systems across the world. This process is posing a unique challenge to European decision-makers to implement measures that will maximize the benefits and reduce the costs of globalization. As Europe expands and becomes more integrated it is being obliged to assume greater control over the development of its external economic relations. To effect this, the authors propose that member states play a more active and constructive role in the global political economy. They advocate the planning and implementation of major initiatives that could ensure greater stability in the world economy. Because of the magnitude of the economic bonds developing between the EU and the USA, special attention is paid to the trends and issues associated with the evolution of Atlantic relations. One of the greatest challenges the authors highlight, and a theme implicit throughout the book, is that the EU's external problems may receive inadequate attention due to the complexities of its decision processes. EU-level decision-making may become more introspective, rather than global, in outlook.Combining firm, industry, regional and country levels of analysis with the diverse and provocative views of the authors, this book will be essential reading for scholars of international economics, international political economy, and international business and finance.Trade Review'The contributors to this volume are internationally recognised scholars in the field. The result is an extremely comprehensive and authoritative assessment of European integration, particularly from an economic-political perspective.' -- Economic Outlook and Business ReviewTable of ContentsContents: Preface Introduction 1. The European Union in the Global Economy at the Millennium 2. Globalizing Europe: The Overall Picture 3. Specialization Matters, and so does Technological Accumulation: The Case of Europe 4. Mergers and Acquisitions in Globalizing Europe 5. Corporate Restructuring, Corporate Strategy and European Integration 6. European Welfare States: Regionalization, Globalization and Policy Change 7. The EU in World Finance 8. The Changing Nature and Determinants of EU Trade Policies 9. Macroeconomic Management in the European Union 10. European Macroeconomic Policy Interdependencies 11. European Union Planning for International Economic Cooperation Index

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Book SynopsisThe decision to enlarge the European Union by ten (eventually thirteen) countries has surprisingly not been accompanied by much discussion of the implications for Social Europe. This has led to criticisms that enlargement is a purely economic process that will sweep aside important social considerations: Will the much lower labour costs and social standards in the applicant countries - especially those from Central and Eastern Europe - lead to 'unfair' competition or 'social dumping'? Will this process in turn encourage current EU member-states to run-down their own social provisions in order to be able to compete with the newcomers? Do the specific features of this new accession wave - the largest enlargement so far and including markedly less-developed countries - threaten the global survival of the so-called 'European Social Model'? What policies should be implemented in order to avoid a weakening of current European social standards? These are the main questions this book attempts to answer, on the basis of a comprehensive assessment of the social policy areas most relevant to EU enlargement - wages, working conditions, social protection, employment, industrial relations - while also addressing its most sensitive 'social dumping' aspects: capital relocation, labour migration, and redirection of trade.EU enlargement is higher than ever on the policy agenda and scholars and researchers of European Studies and social policy will find this book an invaluable reference.Trade Review'. . . this book represents an important contribution to the debates about EU social policy and its effects upon the member states. . . the arguments contained here are important and deserve to be read by all with an interest in the future of social policy in Europe.' -- Rob Sykes, Journal of Social Policy'Having read this text, the social, economic and political policymakers of the EU and its Member States, along with a wider academic and non-academic audience, should be in a better position to understand the social dimension of the European integration process and be better able to defend and promote the development of an effective European Social Model.' -- Stuart Philip, European Foreign Affairs Review'Daniel Vaughan-Whitehead discusses the future of Social Europe with 25 and more countries, on the basis of a very detailed and well documented assessment of future member states. He rightly insists on the risks entailed by widening social and regional inequalities and the obsession with economic reforms, sometimes to the detriment of social and cohesion policies. However, he also points out that the countries of Central and Eastern Europe would benefit from a valorisation of solidarity, and that the European Union has everything it needs to boost the solidarity required to address the great imbalances that have emerged over the last decade. This book thus properly addresses the important question of solidarity in a greatly enlarged Europe and, more fundamentally, that of the future of its social model, something virtually unique to Europe. By opening up the issue of Social Europe, this crucial 'construction site', this book will contribute to the anticipation of eventual problems, and help us to overcome obstacles, both post-enlargement and in preparation for further accessions. The social dimension of the European construction is often little known and little understood in both current and future member states. However, it is the condition for making of the enlarged Europe not only a Europe of the economy and trade, but also a broad space combining competition, cooperation and solidarity, as well as an example of how to manage interdependencies and master globalisation.' -- From the foreword by Jacques Delors, President, Notre EuropeTable of ContentsContents: Preface Part I: Candidate Countries and the Community ‘Social Acquis’: An Impossible Match? 1. The European Social Model and EU Enlargement 2. Wages and Working Conditions: Well Below EU Standards 3. Social Protection: Overwhelmed by the Liberal Approach 4. Employment: Towards Unregulated Labour Markets? 5. Social Dialogue: Why Bother? 6. Workers’ Participation: Slipping Away from the Self-Management Tradition? Part II: Social Dumping: Myth or Reality? 7. The Social Gap: A Source of ‘Unfair’ Competition? 8. Capital Mobility: Massive Relocations 9. Labour Mobility: The European Taboo 10. Trade: The Misleading Debate 11. Conclusion: An Uncertain Future after EU Enlargement Bibliography Index

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Book SynopsisThis significant book investigates the political economy of environmental policy in Europe with a careful analysis of how EU directives are realised in the member states. The authors explore this issue through a comparative evaluation of the implementation of three pieces of EU environmental legislation in France, Germany, the Netherlands and the UK. Areas covered by the legislation include air emission standards for waste incinerators, the electricity supply industry, and the certification of environmental management systems. The results vary across cases even though overcompliance is observed in certain cases. The regularity arising from the different case studies is related to the determinants of the environmental outcomes that are observed. When environmental directives are implemented they are likely to interact with parallel policy processes and these interactions can exert a strong positive or negative influence on the success of the policy in question. The central policy problem is the fact that these interactions are very difficult to anticipate at the policy formulation stage. It leads the authors to propose that effective environmental policy should therefore be adaptable in order to cope with these unanticipated effects.This book covers a very important and topical issue by studying the genuine impact of environmental directives and increasing the readers' understanding of the way in which environmental federalism works in Europe. It will be welcomed by scholars of environmental law and political science, environmental economists, and environmental policymakers, advisors and consultants.Table of ContentsContents: 1. Introduction: A Policy Perspective on the Implementation of the Community Environmental Legislation 2. The Implementation of Environmental Policy in the European Union Context 3. What Can We Learn from Economics and Political Science Analysis on the Efficiency and Effectiveness of Policy Implementation? 4. The Large Combustion Plant Directive (88/609/EEC): An Effective Instrument for SO2 Pollution Abatement? 5. Implementing Command and Control Directives: The Case of Directive 89/429/EEC 6. The Implementation of EMAS in Europe: A Case of Competition between Standards for Environmental Management Systems 7. The Need for Adaptive Implementation Index

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Book SynopsisThis book 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 globalisation force labour markets to 'de-institutionalise' and do European labour markets converge to a 'Third Way' model?Academics and researchers of European studies and economic policy will find this up-to-date book of great interest, as will policymakers and business leaders both affected by and from within the EU.Trade Review'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 LibraryTable of ContentsFull 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

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Book SynopsisThe prospective WTO Millennium Round of negotiations will highlight critical economic issues regarding the application and implementation of the WTO rules to international trade in goods and services. In this book, a distinguished group of academic experts considers the agenda and areas of interest for the next Round in light of Seattle, the functions of the WTO and competition policy issues arising from trade liberalization. This is followed by a focus on a wide range of WTO-specific economic issues and debates, including: state trading and state aids regional integration agriculture, including the EU-US banana dispute international investment patents financial services. Trade Liberalization, Competition and the WTO will be of interest to academics and policymakers as well as students of international economics and global trade reform.Table of ContentsContents: 1 Introduction: the GATT Uruguay Round, trade liberalization and the WTO Chris Milner and Robert Read PART I TRADE LIBERALIZATION 2 Multilateral market access negotiations in goods and services Sam Laird 3 Agricultural trade reform after the Asian recession: a bridge too far? Rod Tyers and Yongzheng Yang 4 The implications of the General Agreement on Trade in Services (GATS) for the banking sector in the Gulf Region Victor Murinde and Cillian Ryan 5 Options for regional integration in Southern Africa David Evans PART II COMPETITION 6 Trade and competition in the new WTO Round Peter Holmes 7 New rules for international investment: the case for a multilateral agreement on investment (MAI) at the WTO Alan M. Rugman 8 Trade liberalization and state aid in the European Union David Collie 9 State trading, agriculture and the WTO Steve McCorriston and Donald MacLaren PART III THE WORLD TRADE ORGANIZATION 10 The WTO agenda and the developing countries Sam Laird 11 The EU–US WTO banana dispute and the evolution of the EU banana trade regime Robert Read 12 The influence of the WTO on patenting activities in China Derek Bosworth and Deli Yang Index

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Book SynopsisIn the year 2000, European Union governments announced a long-term strategic commitment to transform the European economy into the most competitive, dynamic, knowledge-based economy in the world. Technology is an integral part of the new economy and of the EU's strategy for economic development. This book deals with the development of infrastructure in the mobile communications, transport, space and radio sectors. It sets out to explain the conditions under which the EU, and in particular the European Commission, makes policy choices to support large-scale technology infrastructures, and why EU political intervention in seemingly similar infrastructure projects varies. Answering this question will provide insights into the political economy underpinning the ambitions to transform the European economy into the most competitive in the world.This study of EU political intervention in support of advanced technology will be a fascinating read for advanced students and academic researchers of international political economy, international affairs and political science. Competition for Technological Leadership will also appeal to journalists, policymakers and analysts with a special interest in EU high technology policy.Trade Review'Discussing an extremely interesting and up-to-date topic in a very logical and clear structure and an excellent style, this work can be recommended not only to academic and field experts as well as to students, but also to anybody interested in the policy making of the European Union.' -- Zsuzsa Deli, Acta Oeconomica'Europe is moving assertively to establish itself as global leader in 21st century technologies. Why does the European Union support certain technologies and not others? How do decision-makers balance national priorities, EU ambitions, and global market pressures? Johan Lembke explains clearly how the EU seeks to advance its competitive position in key leading edge technologies, and how such sectors test Europe's ability to become a more coherent and effective global player. His study provides keen insights into the EU's evolving international role, and is a welcome contribution to the literature on political economy.' -- Daniel Hamilton, Johns Hopkins School of Advanced International Studies and American Consortium on EU Studies, US'A detailed and highly readable analysis of contemporary EU policy initiatives for high technology. Focusing on three cutting edge sectors - satellite navigation, mobile internet and digital radio - Johan Lembke recounts a story that should be read by anyone with an interest in European political economy and global competitive dynamics.' -- Thomas C. Lawton, Imperial College Management School, University of London, UK'This thoroughly researched and theoretically informed study helps us to understand how the EU makes key policy choices to support cutting edge technology and why support for seemingly similar projects varies.' -- Wyn P. Grant, University of Warwick, UKTable of ContentsContents: Preface 1. Introduction 2. Analytical Framework 3. EU Strategy for Satellite Navigation 4. Galileo: Europe’s Response 5. The EU Strategy for Wireless Internet 6. Globalization, Strategy and Technology 7. Digital Radio in Europe 8. Concluding Evaluation References Index

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Book SynopsisThis highly topical book discusses the potential enlargement of the EU to embrace the countries of Central and Eastern Europe and the enormous challenges, opportunities and threats this poses for parties on both sides. Understanding of the diversity of the issues raised, even by an experimental expansion, is limited and rarely extends beyond the concerns voiced in a particular policy arena. This volume brings together contributions from specialists across the spectrum of the social sciences who consider the possible outcomes of expansion per se. The authors consider the countries to which membership might rationally be extended, and discuss the future of a Union that continues to be exclusive, but which must advance in the context of the overall march of globalisation. The contributions from numerous disciplines are complementary and include both macro- and micro perspectives.EU Expansion to the East is designed to be accessible to all scholars of European affairs, as well as those interested in transition and policymakers at national, regional and local levels.Trade Review'. . . a useful contribution as secondary reading on a variety of university courses, as well as interesting a more general readership.' -- Kenneth Button, Annals of Regional ScienceTable of ContentsContents: Preface 1. Towards a United Europe? 2. Monetary Union and Eastward Expansion of the EU 3. France, Germany and the Eastwards Expansion of the EU: Towards a Common Ostpolitik 4. Integrating the ‘New’ Europe: What Role (if any) Does CEFTA Have? 5. Storming the Fortress: The External Border Regime in an Enlarged Europe 6. EU Expansion to the East: The Problem of Agriculture 7. Social Europe East and West 8. Regional Development and EU Enlargement 9. The Changing Role of Border Regions in Central and Eastern Europe 10. EU Accession: The Polish Case 11. Enlargement to the East: Romania 12. European Order, Global Governance and the Liberal Peace Index

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Book SynopsisThis forward-looking volume offers insights into the globalization of the Chinese economy and its accession to the WTO.The contributors provide updated accounts of recent developments in the Chinese economy and examines the implications of China's accession for the rest of the world. Firstly, the volume offers an overview of possible changes in industrial policies and analyzes new developments in some important sectors, including agriculture, telecommunications and automobiles. It addresses the key concerns in China regarding its entry into the WTO, such as whether the WTO membership will cause massive unemployment and/or exacerbate inequalities among regions. Finally, it evaluates the implications of increased trade and financial ties with China for the rest of the world, investigating the conditions facilitating foreign direct investment in China and assessing potential trade disputes as trade between China and the rest of the world grows. The Globalization of the Chinese Economy provides a comprehensive picture of the political, economic and social environment in China as a whole. It will be of particular interest to academics of Asian studies and international relations as well as policymakers in the US, China and other Western economies.Trade Review'This one is worth reading for those interested in how China's economy is being transformed by the WTO and the larger transition to a market-based capitalist economy. Recommended.' -- S.J. Gabriel, Choice'This book provides a most authoritative analysis of the impact of China's accession to the WTO. The book should be of interest to every scholar concerned with China's future.' -- Justin Yifu Lin, Peking University, China and Hong Kong University of Science and Technology, Hong Kong'The editors of this volume - all graduated from colleges in China, received their PhD's in economics from US universities, and are currently research scholars in the US - have assembled a remarkable set of articles on China's accession to WTO. The authors, many of whom share the path of the editors, are well positioned to have both a broad perspective and a sharp insight on the issue that is much publicized yet little analyzed.' -- Yingyi Qian, University of California, Berkeley, US'This volume by a distinguished group of authors is timely and presents valuable insight.' -- Yanrui Wu, University of Western AustraliaTable of ContentsFull Contents: 1. A Globalizing China: An Introduction Part I: Transformation in the Chinese Economy 2. Revamping the Industrial Policies 3. The Future of the Agricultural Sector 4. Telecommunications: Moving Towards Competition 5. Telecommunications: Recent Rate Adjustments 6. Automobile and Fuel Industries Part II: Social Implications 7. Reconfiguration of the Labor Market 8. Regional Inequality 9. Urbanization and Population Relocation Part III: Linkage with the World 10. The Impact on the US and Other Countries 11. The Impact on Taiwan 12. Foreign Investment in China: Macro Determinants 13. Foreign Investment in China: Firm Strategies 14. Explosion of Trade Disputes? Index

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Book SynopsisThis book offers a generic explanation of the political economy of the EU, demonstrating in a clear and comprehensive way how the present institutional set-up makes it vulnerable to lobbyism, corruption and the destruction of social capital. Gert Tinggaard Svendsen contends that this 'EU disease' may be avoided by strengthening the power of the EU Parliament at the expense of the EU Commission. The book also discusses issues surrounding policy design, international negotiations on climate change and renewable energy sources. Using an interdisciplinary framework, the author examines how the current institutional set-up of the EU will determine future economic performance and will adversely affect policy outcomes. He looks at whether fundamental EU policies, such as the CAP, are consistent with economic growth or whether these policies will instead distort markets, leading to economic decline. Focusing in detail on international climate negotiations and wind energy, the author explores the way in which the design of a policy proposal can be affected by the interactions between interest groups and the institutions and bureaucrats of the EU. The case of greenhouse gas emissions trading is a unique example because it allows the author to actually measure lobbyism as the difference between the proposed design and the final EU directive.The interdisciplinary approach of the book and the original treatment of a very pertinent subject will appeal to academics, economists, political scientists and decision-makers. It will also interest and inform a wide readership in the social sciences, particularly those with an interest in the institutional structure of the EU.Trade Review'. . . an immensely valuable discussion of several important EU environmental policies and how public choice theory can be applied not only to understand why these policies were structured the way they are, but also how they can be improved so as not to impede economic growth in the EU.' -- Russell S. Sobel, Public Choice'. . . this readable, thought provoking and well constructed work should be a must for students of environmental politics.' -- Sonja Boehmer-Christiansen, Environmental Politics'The European Union has been relatively neglected by public choice/political economy scholars on both sides of the Atlantic. This fine book helps to redress this imbalance. It builds on the work of Mancur Olson on interest groups, and demonstrates the important role that they play in affecting policy outcomes in the EU. The book is dedicated to Olson. It is a worthy tribute.' -- Dennis C. Mueller, University of Vienna, AustriaTable of ContentsContents: Preface 1. Introduction 2. Political Economy 3. European Union 4. Interest Group Theory and the Case of Environmental Regulation 5. International Climate Negotiations and Wind Energy 6. Conclusion Bibliography Index

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Book SynopsisIt is through a gradual evolution, rather than by grand design, that the somewhat fragmented economic policies of the EU now appear to be heading towards a rather more robust and coherent economic governance. EU Economic Governance and Globalization considers the following crucial question as the EU enters its final stage of institution-building; will the economic institutions of the EU push ahead to reform its rigid national economies and open them up to globalization and international competition?Focusing on telecommunications, air transportation, currency competition, taxation, eastern enlargement and transatlantic relations, the contributors to this book question whether EU standards, regulatory regimes, and policies are flexible enough to bring about a dynamic and open economy.This book will be of interest to scholars of European and regional studies and international political economy, as well as policy analysts and policymakers.Table of ContentsContents: Introduction 1. EU Enlargement and Flexible Integration 2. EU Governance under Duress? Tax Policy Coordination under Globalization 3. Competition versus Competitiveness in the European Single Aviation Market 4. The Governance of Telecommunications in the European Union 5. The New Framework of Transatlantic Economic Governance: Strategic Trade Management and Regulatory Conflict in a Multilateral Global Economy 6. Does the Monetary Dialogue with the European Parliament Influence the European Central Bank? 7. Euro Weakness and the ECB Economic Governance: A Strategic Institutionalist Perspective Index

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Book SynopsisIn its continuing quest for competitiveness in world markets, the EU has recently moved away from a technology policy towards an innovation policy. In other words, from a strategy almost entirely focused on supporting collaborative alliances, the EU now has a broader policy vision which aims to engender a positive institutional environment for European innovators. This fresh policy direction has forced the EU to take a novel approach to understanding the relationship between public action and the innovation process at both the national and European level. Adopting a strong interdisciplinary approach, the author skilfully examines the politics and economics of the new innovation policy of the EU, addressing such diverse topics as research and knowledge production, the changing regime of intellectual property rights, building the information society, standard setting, risk assessment and the social sustainability of innovation. The conclusions pose many theoretical questions which will require further research, most notably the extent to which EU innovation policy underpins a European system of innovation.This book will be an invaluable source of reference for academics and researchers interested in the economics of innovation, EU political economy, science, technology and politics. It will also help policy makers to understand the complex interactions between regional, national and supranational innovation policy.Trade Review'This book is original in its perspective as well as in its coverage of issues. The author has a good grip both on the political and economic aspects of innovation policy, which makes it possible for her to draw out the crucial dilemmas for European policymakers, as well as the difficulties in finding easy solutions to these dilemmas. She covers different fields that are normally not treated in one common context such as knowledge creation, intellectual property rights, the information society, standard setting and risk assessment. The truly interdisciplinary approach and the broad coverage make this volume quite unique.' -- Bengt-Ake Lundvall, Aalborg University, Denmark'This book reveals common patterns of change as many, seemingly unrelated, areas of innovation policy are increasingly conducted at the European level. The multi-disciplinary approach allows the subject matter to be analysed with subtlety and depth, and the result will appeal to specialists and generalists alike. This represents a major contribution to the innovation policy literature that combines analytical insight with empirical depth.' -- Paul Nightingale, University of Sussex, UKTable of ContentsContents: Preface Introduction 1. Analysing the Innovation Policy of the European Union 2. Research and Knowledge Production 3. The Changing Regime of Intellectual Property Rights 4. Building the Information Society 5. The World of Standards 6. Risk and the Social Sustainability of Innovation 7. Conclusion Index

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Book SynopsisThis book offers a wide-ranging overview of the state of labour market forecasting in selected OECD countries. Besides presenting forecasting models, the contributions provide an introduction to past experiences of forecasting, highlight the requirements for building appropriate data sets and present the most up-to-date forecasts available. In most cases the forecasts project mismatches in the labour market as they are likely to occur in the coming years with respect to occupational groups, qualifications and employment in specific sectors. The authors demonstrate how these insights might be used to help reduce employment risks both for the individual worker and the national labour market as a whole. The country examples also show how information on labour market trends is disseminated and used by various actors, such as policymakers, firms and individuals. In a world of rapid structural change, the results of the research presented in this book could help cushion the impact of potential shocks from future mismatches and skill shortages in the job market. Policymakers at the supranational, national and regional level, and academics in the fields of labour market theory and policy can all draw valuable information from this insightful study.Table of ContentsContents: Preface 1. Why Forecast and For Whom? Some Introductory Remarks Michael Neugart and Klaus Schömann 2. Occupations and Skills in the United States: Projection Methods and Results through 2008 Burt S. Barnow 3. Forecasting Future Skill Needs in Canada Douglas A. Smith 4. Labour Market Forecasting in Japan: Methodology, Main Results and Implications Fujikazu Suzuki 5. Projections and Institutions: The State of Play in Britain Robert M. Lindley 6. A Review of Occupational Employment Forecasting for Ireland Jerry Sexton 7. Beyond Manpower Planning: A Labour Market Model for the Netherlands and its Forecasts to 2006 Frank Cörvers, Andries de Grip and Hans Heijke 8. French Occupational Outlooks by 2010: A Quantitative Approach Based on the FLIP-FAP Model Agnes Topiol 9. Projections of Qualifications and Occupations in Austria: Short-term Approaches, Macro Perspective and Emphasis on the Supply Side Lorenz Lassnigg 10. Projecting Labour Market Developments in Spain through 2010: From Massive Unemployment to Skill Gaps and Labour Shortages? Ferran Mañé and Josep Oliver-Alonso Index

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Book SynopsisEurope is at a major crossroads in its post-World War II history. The European Union (EU) has not only successfully adopted the euro as a common currency but it has also included twelve more member states. In this comprehensive volume, Peter Coffey, author of The Future of Europe (Edward Elgar, 1995), examines the major issues and challenges facing Europe and presents a concise and up-to-date analysis of the economic, political and social issues facing the EU following enlargement. The book is divided into five parts, with Part One analyzing issues surrounding the enlargement of the EU including criteria for membership, negotiations with candidate countries, and possible implications. Part Two covers the euro and the EMU. In Part Three the author examines the major areas of reform - institutional as well as policy - and sets forth his own proposals for future policy changes. Part Four reviews the European Convention, while Part Five looks to the future of Europe. Also included are official documents on European unification that are often difficult to obtain. In conclusion, the author foresees that the EU will, at least for some time, become a confederation of nation states, rather than a federation as desired by some EU members. This timely book is a must read for students and scholars of European studies, as well as political leaders and those with business interests in Europe.Table of ContentsContents: Preface Background to the Book Part I: The Enlargement of the European Union 1. Criteria for Membership 2. The Candidate Countries – The Negotiations 3. Possible Implications of the Enlargement Part II: The Euro 4. The Road to the EMU and the Euro 5. The Framework for the Euro 6. The Euro – Practical Considerations 7. The Euro – The Future Part III: Major Areas for Reform: The Institutions and Policy Areas 8. Reforming the Institutions 9. Some Proposals for Institutional Reform 10. Reforming Major Policy Areas – The Common Agricultural Policy 11. Competition and Regional Policies Part IV: The European Convention 12. The European Convention Part V: The Future 13. Toward a Common Foreign and Defence Policy 14. The Future – What Might Happen Conclusions – Final Words Appendices 1. Landmark Dates in European Integration 2. Convention of the Reform of Europe 3. Institutional Reform: Stance Taken by European Parliament on Division of Competences and on Council Reform 4. European Convention: Commission’s Initial Overall Contribution to the Debate on the Future of Europe 5. The ‘Toulemon Project’ on the Future of Europe 6. Common Foreign and Security Policy: The Priorities of the European Parliament 7. Special Edition for the European Council in Brussels (24 and 25 October 2002) 8. European Convention: Convention Discusses Preliminary Draft Constitutional Treaty Index

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Book SynopsisThis fully revised and updated edition of a seminal reference work provides a detailed chronological account of the development of European integration. The history of Economic and Monetary Union (EMU), which began immediately after World War II, is recounted in the form of a descriptive summary of the most significant events, measures, arrangements and conferences. The chronology concludes at the end of 2001 with what is arguably one of the most important events in European history; the introduction of the euro notes and coins in twelve nation states. Throughout, Wim Vanthoor offers a detailed yet concise account of the evolution of the economic and political ideas which have culminated in this defining moment. The book is interspersed with quotations from the addresses, orations and comments of politicians and those closely involved with the process of European integration. This accessible book will be essential reading for anyone with an interest in the history of European integration.Trade Review'The review of the first edition (Choice, April 2000) found it thorough and well written, and that its coverage of events was fuller as it drew nearer to the present. The latter is even truer of this edition - as the EU moves toward true integration, there is much more detail to report, especially as to monetary integration. This edition adds 84 pages in covering 1999-2001. . . a very useful work, especially for anyone interested in the details of the integration process. Summing Up: Highly recommended.' -- P.W. Wilkin, ChoiceAcclaim for the first edition: -- 'This reference work should prove invaluable to students, academics and professionals interested in the development of the European Union.'– European Access'The chronology focuses on conferences, discussions, ideas, and concepts that were major steps toward integration, and it describes major milestones and events. The entries are thorough and well written.' -- P.W. Wilkin, ChoiceTable of ContentsContents: Preface Introduction Chronology 1946–2001 Appendices Bibliography Index

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Book SynopsisThe design of infrastructure policies is a controversial issue in the transition economies of Eastern Europe, where the dismal state of infrastructure was widely regarded to be one of the major obstacles to economic recovery and sustained growth. With the imminent enlargement of the EU, Christian von Hirschhausen provides a detailed, reflective analysis of the state of infrastructure development in Eastern Europe. The author illustrates the different approaches to modernizing infrastructure and the successes that have been achieved in terms of fiscal relief, private investment and increased efficiency. Based upon a comparative institutional analysis and extensive field research and case studies, he provides empirical evidence from different sectors (power, gas, railways, roads, R&D), with particular emphasis on countries such as Poland, Hungary, the Czech Republic, the Baltics and Russia. Given the substantial institutional instability of the early years of transition, the author promotes a gradual but time-consistent approach to liberalization as a more promising path towards a market economy and increased efficiency. The author offers sound policy recommendations on how best to achieve the successful modernization of East European infrastructure in the course of EU-enlargement.This book will be indispensable to all researchers and academics of European integration and transition economics, policymakers in the EU, and institutions such as development banks which are active in the restructuring process in Eastern Europe and EU-enlargement.Trade Review'This book should be thought-provoking reading for academics and practitioners with a professional interest in infrastructure services, policy design, and the agenda for infrastructure reform in transition economies. Christian von Hirschhausen's rigorous, multi-sector analysis provides a first-time attempt at a balanced assessment of conceptual and practical issues regarding a critical area of the transition to markets. The book also questions some of the generally accepted findings regarding what works and what doesn't in the restructuring of infrastructure in the former centrally-planned economies, with special attention to the political economy of reform.' -- Jose Carbajo, European Bank for Reconstruction and Development (EBRD), London, UK'The theoretical basis is impressive and the empirical evidence authentic: the book breathes the dust of Hungarian highways and the rust of Estonian power plants. In over five years of field research, the author has acquired an unmatched understanding of the topic and provides clear-cut, highly relevant policy conclusions for EU-enlargement.' -- Axel Siedenberg, Deutsche Bank Research / Economics, Germany'This book is an insightful study of the neglected issue of the infrastructure of transition economies in Eastern Europe and the former Soviet Union. It chronicles the socialist infrastructure's incompatibility with a market economy and its collapse using aggregate data and valuable case studies, particularly of the energy and transport sectors. Although there have been clear transition successes, the search for an optimal infrastructure policy has been elusive. Although market-based solutions have delivered less than promised due to political-economy and technological factors, their results have not proven inferior to more conservative regulatory approaches. Modernizing Infrastructure in Transformation Economies rounds out our knowledge of a key aspect of the transition process and is to be recommended to all serious scholars of transition and European integration.' -- Paul Gregory, University of Houston, US'This is the first comprehensive treatment of a highly topical issue. The message of this book is that transition economies need a substantial overhaul of their infrastructure, but that they should ponder gradual rather than radical ways for deregulation and privatization. Institutional, technical and financial constraints should not be ignored and "one-fits-all" type policies are inappropriate.' -- Irina Akimova, Institute for Economic Research, UkraineTable of ContentsContents: 1. Introduction Part I: Conceptual Issues 2. Infrastructure Policy in Socialism and in the Market Economy 3. The Process of Systematic Transformation 4. Specific Infrastructure Policies for Eastern Europe? Part II: Empirical Analysis 5. Survey and Methodology 6. Lessons from Public Investment Programs 7. Innovation Policies Towards a Market Economy? 8. Private Project Financing of Highway Development 9. Power Utility Re-regulation 10. Gas Sector Restructuring – A Political Economy Approach 11. The Russian Gas Reserves – A New Perspective Part III: Summary and Conclusions 12. Lessons and Perspectives on the Way to European Enlargement Bibliography Index

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Book SynopsisEMU is a completely new policy regime which has significant economic implications and which, it is hoped, will ultimately enhance the role of Europe on the world stage. EMU and Economic Policy in Europe takes stock of the initial experiences of EMU and assesses the challenges which will have to be addressed in the early years of its existence to ensure its long-term objectives are successfully achieved.Bringing together leading scholars and policymakers, the book considers some of the most pertinent and significant issues surrounding the euro from a variety of different perspectives. These include the behaviour of monetary and fiscal authorities, the implications for policy co-ordination, the impact of the euro on financial markets and the consequences of EU enlargement.The distinguished array of authors have produced a comprehensive and balanced assessment of the initial economic and policy challenges facing EMU. European policymakers, financial economists and anyone with an interest in the process of European integration will benefit from reading this accomplished book.Trade Review'All the economists who have contributed to this volume are both distinguished scholars and active participants in the policy debate. Over the years, they have greatly helped policymakers, at the national and Union levels, to identify and understand the difficult policy choices involved in the running of EMU. I am grateful for their contribution to the success of the euro.' -- From the foreword by Pedro SolbesTable of ContentsContents: Foreword by Commissioner Pedro Solbes PART I: OVERVIEW 1. EMU in the Early Years: Differences and Credibility Marco Buti and André Sapir PART II: MONETARY POLICY 2. Monetary Policy in the Early Years of EMU Jordi Galí 3. The ECB’s Monetary Policy Strategy: Responding to the Challenges of the Early Years of EMU Vítor Gaspar, Klaus Masuch and Huw Pill 4. Monetary Policy Transmission in EMU Massimo Suardi PART III: FISCAL POLICY 5. Fiscal Policy and EMU: Challenges of the Early Years Antonio Fatás and Ilian Mihov 6. Fiscal Policy in the Early Years of EMU Anne Brunila and Carlos Martinez-Mongay PART IV: POLICY COORDINATION 7. The Functioning of Economic Policy Coordination Jürgen von Hagen and Susanne Mundschenk 8. Economic Policy Coordination in EMU: Accomplishments and Challenges Servaas Deroose and Sven Langedijk 9. The EMU’s Economic Policy Principles: Words and Facts Jean Pisani-Ferry PART V: LABOUR MARKETS 10. EMU Labour Markets Two Years On: Microeconomic Tensions and Institutional Evolution Giuseppe Bertola and Tito Boeri 11. Wage Discipline in EMU. A Feature of the Early Years. Only? Karl Pichelmann PART VI: FINANCIAL MARKETS AND THE INTERNATIONAL FINANCIAL SYSTEM 12. EMU and Financial Market Structure Harry Huizinga 13. The Euro and the International Financial System Richard Portes 14. The Euro and the International Monetary System Johan Baras, Reinhard Felke and Daniel Daco PART VII: THE FUTURE OF EMU 15. EMU and Enlargement Barry Eichengreen and Fabio Ghironi 16. EMU – The First 10 Years: Challenges to the Sustainability and Price Stability of the Euro Area – What Does History Tell Us? Lars Jonung References Index

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Book SynopsisThis highly topical book addresses the challenge of economic convergence within Europe, beginning with a thorough review of the theory of growth and related empirical research. Historical and more recent economic developments within the present EU and current accession countries are discussed, along with the design for the process of further integration of accession countries into the EU and the Euro area. Moreover, the potential to achieve a sustainable catch-up process in Western Balkan countries, the Ukraine and Russia is explored, focusing on the task facing the EU in designing proper policies vis-a-vis these countries. The contributors' varied perspectives ensure that the theories and policies postulated are linked closely with the actual situation in accession countries and offer up-to-date insights.Economic Convergence and Divergence in Europe will be of interest to economists and researchers of regional and European studies, particularly those with a focus on integration. Its accessible and non-technical approach assures its appeal to experts from the banking and governmental sectors.Trade Review'This book comprehensively addresses current trends in economic growth in Europe and emphasises theoretical perspectives. . . the book is topical, provides with better understanding of the issues, and will certainly attract, and is useful for academics, as well as students and practitioners of European issues, economists and economic geographers.' -- Nino Javakhishvili, Regions'. . . essential reading for analysts interested in the evolution of convergence trends in Europe and provides a fascinating insight into the enlargement venture.' -- Konstantinos A. Melachroinos, Progress in Human Geography'Set in the context of the launch of the euro and eastward enlargement of the EU, the ambitious scope of the book includes economic convergence with respect to theory, historical trends, recent national and regional disparities, factors such as monetary and exchange policy and the role of the financial sector, issues for accession and nonaccession countries and the role of policy. . . The editors have produced a readable, informative, and interesting book, which should promote better understanding of convergence in an enlarged EU and closer cooperation between regional and monetary policymakers and researchers.' -- John Bachtler, Journal of Regional ScienceTable of ContentsContents: Preface Introduction: Welcome Remarks from the 2001 Conference Part I: Introductory Session Part II: Past Convergence within the European Union Part III: Accession Countries: Achievements in Real Convergence Part IV: Accession Countries: How to Balance Real and Nominal Convergence? Challenges for Monetary and Exchange Rate Policy Part V: Does the Financial Sector Contribute to Real Growth? Part VI: Is There Somebody Left Out in the Cold? Prospects of CEE Countries Other Than Current Accession Countries Part VII: Policy Challenges within the (Enlarged) EU: How to Foster Economic Convergence Index

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Book SynopsisThis book focuses on pension policies in Europe and interestingly includes comparisons both within the EU and between EU countries and the US. The authors show how different countries are confronted with similar problems and that comparison of national experiences may be of great help for the 'open method of coordination' now adopted in the EU.The papers deal mainly with the effects of the huge payroll taxes differentials between countries on individual retirement choices and the labour market, with taxation of contributions and pensions, and with the portability of occupational pensions. The main impact on labour supply is shown to be early retirement due to actuarially unfair pension formulae. The authors also argue that the US experience shows that taxation of contributions and savings for old-age may not generate the hoped for incentive effects, while an example of inconsistent taxation of pensions is offered by Germany. Finally, it is shown that limited portability of defined benefits plans does not appear to be a strong impediment to labour mobility in Europe.Pension Policy in an Integrating Europe will be valued by scholars of both public policy, public finance and European studies, and those practitioners and policymakers involved in insurance in the EU.Trade Review'Pension policy continues to be a central concern in Europe. This topical volume brings together some of the most knowledgeable authorities in the field of pension economics to consider key questions: the impact of pension costs on employment, the role of pensions taxation, and portability of private pensions in Europe.' -- Richard Disney, University of Nottingham, UK'Pension systems as essential institutions are perpetually pressured to meet lofty welfare and insurance goals, while still satisfying fiscal and efficiency constraints. This book provides several European perspectives for reform options from key thinkers active in the policy arena. All seeking to save pensions from their many contradictions should peruse the prescriptions offered here.' -- Olivia S. Mitchell, Pension Research Council, Wharton School, US'One of the few books bridging the gap between research on pensions and scientific literature on labour market participation. It contains a wealth of data and useful institutional material for scholars of the field and has far reaching implications for the design of policies in an increasingly integrated Europe.' -- Tito Boeri, Bocconi University Milan, ItalyTable of ContentsContents: Introductory Remarks 1. An Overview Part I: Payroll Taxes, the Labour Market and Retirement Choices 2. Ageing in Europe: A Cross-Country Comparison 3. Labour Taxes and Unemployment: A Survey of the Aggregate Evidence 4. Measuring the Impact of the Italian CFL Programme on the Job Opportunities for the Youths 5. Are We Retiring too Early? Part II: Taxation and Pensions 6. Saving Incentives in the US 7. Retirement Benefit and Pension Taxation Principles Part III: Pension Portability Issues 8. Tenuous Property Rights: The Unraveling of Defined Benefit Contracts in the US 9. Occupational Pensions and Job Mobility in the European Union Index

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Book SynopsisThis thorough and compelling book offers a long-run perspective on the European economy from 1500 to the present day, and compares Europe's position of world dominance in the nineteenth century with its vacillating fortunes in the twentieth century. Europe is set specifically within an international context to illustrate how it influenced the rest of the world and how in turn the latter helped to shape the pattern of European development. The authors explain why Europe overtook the formerly advanced Eastern civilizations and how this resulted in the growing inequality among the nations of the world which is such a marked feature in the present day. They then trace the development of the European economy within the context of the international economy and analyse the reasons for its rise to world dominance in the nineteenth century and then its collapse and revival in the twentieth century.Europe in the International Economy 1500 to 2000 will be of interest to students and scholars of economic history and international economics.Trade Review'Overall this is a very good book that provides up-to-date assessments of Europe and the world-economy from early plunder of the Americas to EU negotiations in the WTO.'Table of ContentsContents: Preface Introduction: Europe in the International Economy 1500 to 2000 1. The Rise of the European Economy 1500–2000 2. The Europeanization of the International Economy 1800–1870 3. The Zenith of European Power 1870–1918 4. The Disintegration of Europe 1918–1945 5. Cold War and Common Market: Europe 1945–1973 6. Europe at the Crossroads 1974–2000 Index

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Book SynopsisHow are the deals and decisions of the EU made - in the meeting rooms and at the conference tables, or by informal networks in the back corridors of power?This book addresses an issue of paramount importance concerning the politics of the European Union: aspects of governance and policy making in the EU that are labelled 'informal'. Much of the literature on the EU focuses on the formal facets of EU politics, but uniquely, the subject matter within this book deals with informal aspects such as: the role of personal relationships, the presence of non-hierarchical policy-networks and non-institutional channels of interest representation, and the relevance of the unwritten rules and routines which govern these aspects of EU politics. The contributors ascertain that the study of sectoral policy making in the EU is incomplete without attention to this informal governance, which is normatively and conceptually more complex than is generally assumed. They provide a number of different approaches to the subject, illuminating the nature of informal governance in the EU and demonstrating the way in which its analysis can contribute to a more comprehensive understanding of politics and policy making in the EU.This highly original book will be a fascinating read for a wide-ranging audience - including academics, students, researchers and practitioners - with an interest in the governance of the EU.Trade Review‘Informal Governance in the European Union is a unique addition to both the European Union and public administration literature. . . A study of this type is long overdue.' -- Richard Grant, Public Administration Today'. . . [this volume] marks a welcome first step into the murky world of EU informal governance and it unquestionably lays the foundation for future research to come.' -- Brendan Flynn, European IntegrationTable of ContentsContents: Preface 1. Informal Governance in the European Union: An Introduction 2. Informal Governance: Improving EU Democracy? 3. Cultures of States and Informal Governance in the EU: An Exploratory Study of Elites, Power and Identity 4. Common Market Institutions, Fraud and Informal Networks 5. Building Velvet Triangles: Gender and Informal Governance 6. The Informal Governance of EU Environmental Policy: The Case of Biodiversity Protection 7. Selling off the State and Supranational Regulation: Informal Governance in the EU 8. Informal Governance and Biotechnology 9. Formal and Informal Governance in Single Market Regulation 10. Informal Governance in the Common Agriculture Policy 11. Informality as an Asset? The Case of EMU 12. Governing by Informal Networks? Nuclear Interest Groups and the Eastern Enlargement of the EU 13. Backing into the Future? Informality and the Proliferation of Governance Modes (and Policy Participants) in the EU Bibliography Index

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Book SynopsisThe expanding membership of the EU means significant changes for accession countries' international trade relations, affecting imports, exports, tax revenues, government expenditures and domestic regulatory regimes. There are also significant ramifications for the EU budget. This book is a valuable comprehensive tool kit for analysing the economic effect of EU accession, using examples from the most complex sector for both candidate countries and the EU itself - agriculture. The authors provide a complete set of market configurations with which to analyse harmonisation with the Common Agriculture Policy in both the long and short run. It also provides insights into the questions of regulatory harmonisation in areas of food safety, animal and plant health, the environment, animal welfare, technical standards and the protection of intellectual property. Background is provided on the EU and its policies, economic developments in transition economies and the accession process. The book also provides a unique insight into how negotiating positions can be developed.A wide audience will find this book of great value and interest including policymakers and analysts in governments and related think tanks, businesses and consultancy firms trading in the EU. Scholars and researchers of European studies, international trade and agriculture will also find the book invaluable.Trade Review'Gaisford, Kerr and Perdikis provide an in-depth analysis of the complex issues associated with agriculture and the expansion of the EU.' -- Ingrid Fromm, H-Soz-u-KultTable of ContentsContents: Preface 1. Introduction 2. Economic Assessment of the Common Agriculture Policy 3. Harmonizing with the Common Agriculture Policy 4. Technical Capacity – Problems with Meeting EU Standards 5. Conclusion References Index

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Book SynopsisThis impressive volume presents a detailed comparative analysis of merger remedies in the EU and US, motivated by the fact that a growing number of mergers are being scrutinised and reviewed under both jurisdictions. Merger remedies on either side of the Atlantic play an increasingly important role in the implementation of public policy with regard to the economic concentration of industry. The book provides an understanding of merger remedies in general, and of procedural and substantive differences in the approach of the EU and the US. The editors have gathered together leading European and American practitioners and scholars to comprehensively discuss this issue. They aim to help policymakers decide if, and how, current practices can be improved, and to help firms and their counsel better prepare cases and predict outcomes. This volume sets forth an agenda for future research by providing a critical overview of merger remedies and their implementation in the EU and US. It will become the requisite study in the field for scholars of industrial organisation, law and economics, and for legal practitioners and policymakers working in the realm of competition law.Trade Review'The editors aimed to launch the relevant research agenda and develop questions, ideas and information for future research. This goal should be most welcome and has been fully achieved.' -- Alexandre de Streel, European Competition Law ReviewTable of ContentsContents: Introduction Part I: Legal Principles and Procedures 1. The Commission’s Notice on Merger Remedies 2. The Essential Stability of Merger Policy in the United States 3. Solving Competition Problems in Merger Control: The Requirements for an Effective Divestiture Remedy 4. A Comparison of Merger Review and Remedy Procedures in the United States and the European Union 5. Some Comments on Procedure and Remedies under EC Merger Control Rules: Something Rotten in the Kingdom of the EC Merger Control? Part II: Economic Analysis 6. Negotiation and Merger Remedies: Some Problems 7. Merger Remedies in the European Union: An Overview 8. Economic Analysis and the Choice of Remedies Part III: Cases in High-Tech Industries 9. Access Remedies in High-Technology Antitrust Cases 10. Design and Implementation of Merger Remedies in High-Technology Industries 11. Telecommunications Mergers in the EU and US: A Comparative Institutional Analysis Index

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Book SynopsisIn an increasingly globalised world, it is becoming ever more difficult for nation states to adapt to the international consequences of market failures, government failures and global externalities without co-operation and co-ordination with other countries. In the absence of any form of world government, the most effective solution to this problem is either to create new international institutions, reform existing ones or work within the prevailing institutional framework.This book presents a critical analysis of the role of international institutions and their performance in terms of justification, effectiveness and efficiency. The authors begin by discussing the controversies surrounding the Tobin Tax in the context of global governance. They move on to address important global issues where international institutions play a significant role. These include trade and FDI in relation to the WTO, and the reconciliation of order and justice in the international trading system. Further chapters investigate development issues and international institutions, most of which were not designed for the specific needs of developing countries. They assess whether international institutions can actually help to mitigate the tendency of uneven development in the global economy. Finally, the focus switches to the analysis and evaluation of one specific institution and its actions, namely, the Bank for International Settlements (BIS). This important theoretical and empirical analysis of the problems relating to the creation, evolution and role of international institutions will be of interest and value to academics and researchers of international trade, international economics, international relations and economic development.Table of ContentsContents: Preface Introduction 1. Global Market, National Sovereignty and International Institutions 2. The Tobin Tax Revisited in the Context of Global Governance on Capital Markets 3. The WTO System and Foreign Direct Investment: A Policy Challenge 4. Order and Justice in the International Trade System 5. Some Proposals to Adapt International Institutions to Developmental Needs 6. Globalization, North–South Uneven Development and International Institutions 7. Comment on ‘Globalization, North–South Uneven Development and International Institutions’ 8. The Bank for International Settlements: Which Activities can be Justified from a Normative Economic Perspective? 9. Basle II: Quantitative Impact Study on Small and Medium-sized Enterprises in Austria 10. Basle Accord and Macroeconomic Activity Index

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Book SynopsisRecalling the Lisbon strategy defining structural reform in the EU, and stressing the need to integrate the acceding countries in the reform process, this book argues that meeting the ambitious challenges set is not impossible. It scrutinises both reforms already undertaken and those yet to be tackled.The main thrust of the book is that the sharing of mutual experiences is important for generating an acceptable policy mix, both at EU and national levels. The contributors highlight key financial issues, including the role of FDI and of foreign banks in the still 'under-banked' acceding countries, the re-launch of social security systems and the fiscal challenges of financing the catch-up process. They also examine the ongoing EU debate surrounding the application of the Stability and Growth Pact in Central and Eastern European Countries (CEECs) and go on to explore the contrasting evidence that some CEECs have shown more extensive privatisation efforts than some EU countries.Linking general theory and empirical research with practical evidence from EU and acceding countries, this accessible volume will be invaluable to a wide-ranging readership, encompassing economists and specialists - whether academic or professional - in the fields of CEECs and European integration and enlargement, as well as governments, banks and international organisations.Trade Review'This is a very timely and valuable set of studies by a distinguished group of scholars and practitioners on the subject of economic convergence and divergence in Europe. Not surprisingly given the high calibre of the contributors, the quality of the individual chapters is very high, making this an impressive volume which I recommend without reservation. The book combines both sophisticated theoretical appraisals of the central questions relating to convergence and divergence in Europe, together with incisive analyses of the policy implications for individual countries and for the wider Europe. It is of great topical relevance, because it addresses these issues in the context of impending EU enlargement and also in relation to economic and monetary union (a substantial number of contributors hold very senior positions in European national banks and two in the European Central Bank). The writing style is clear and accessible and therefore the book should appeal to both specialists and non-specialists. Indeed, it deserves to command a wide audience (including students, academics, policy analysts and practitioners). The contributors must be congratulated on producing an incisive, wide ranging and accessible analysis of the key issues relating to economic convergence and divergence in Europe.' -- Robert A. Jones, Sheffield Hallam University, UK'Based on the Autumn 2002 East-West Conference in Vienna, an excellent annual event organised by the Austrian National Bank, this volume deals comprehensively (in 8 parts and 29 chapters) with socio-economic structural challenges facing an expanding EU. Issues covered include: competitiveness and the Lisbon goals; financial sector development; financing enlargement and catching up; tax, benefits and welfare reform; enterprise sector reform; the adequacy of the policy mix; and looking to the future. An ambitious agenda and a big book that will attract widespread readership from academics and their students, practitioners and policymakers.' -- Andrew W. Mullineux, Bournemouth University, UKTable of ContentsContents: Introduction: Structural Reform and Competitiveness – the Position and Future of an Integrated Europe Foreword by Klaus Liebscher Part I: Structural Reforms and Competitiveness: Where Does Europe Stand Today? Part II: Financial Sector Development Part III: Financing of Enlargement and Catching Up Part IV: Social Security Reform Part V: Taxes and Benefits/Fiscal Structures Part VI: Enterprise Sector Reform/Network Industries Part VII: The Adequate Policy Mix Part VIII: Looking into the Future – Europe’s Position in the World Economy in 2020 Index

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Book SynopsisThis book makes a valuable, analytical contribution to recent debates on the ongoing institutional changes occurring within the European Union. It provides a comprehensive and diverse insight into a variety of areas, including in-depth studies of fiscal, monetary and voting issues, to help elucidate the current period of transitional change.The authors argue that a fiscal constitution is essential to help solve the deficits and debts that member countries face due to welfare state financing. Moreover, they believe that the successful implementation of a fiscal constitution is the key to a more coherent institutional setting for Europe as a whole. Although monetary institutions within the EU have already secured a degree of constitutional solution in the form of the euro, they warn that its stabilising power should not be overestimated: the European Central Bank has yet to experience financial crises like those faced by the Federal Reserve Bank. The authors move on to propose a new parliamentary design for Europe and assess the advantages for the elite of a small country to join the EU, compared to the population at large. This volume comprehensively explores the rapidly changing institutional configuration of the EU, employing both qualitative and quantitative approaches. It will be required reading for scholars of public choice, and those with an interest in political economy and EU integration. It is also an excellent sourcebook on European institutions and would provide useful complementary reading in a variety of undergraduate and postgraduate courses.Table of ContentsContents: Introduction Part I: The Underside of EU Fiscal Institutions: Budget, Deficit, Debt and Regulation 1. EMU Fiscal Rules: New Answers to Old Questions? 2. Indebtedness and Deficits of the Nations of the European Union 3. Tax Harmonization – Tax Competition Once Again: Who Gives the EU Orchestra the A? 4. The Political Economy of Regulation: A Prolegomenon Part II: Becoming Euro: Internal Stability and International Crises 5. EMU as an Evolutionary Process 6. The Role of International Monetary Institutions after the EMU and the Asian Crises: Some Preliminary Ideas Using Constitutional Economics 7. A Curmudgeon’s View of EMU Part III: Two Issues at Work: Voting and Contracting 8. Towards a More Consistent Design of Parliamentary Democracy and its Consequences for the European Union 9. A Small Country in Europe’s Integration – Generalizing the Political Economy of the Danish Case Index

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Book SynopsisThis highly topical book discusses the potential enlargement of the EU to embrace the countries of Central and Eastern Europe and the enormous challenges, opportunities and threats this poses for parties on both sides. Understanding of the diversity of the issues raised, even by an experimental expansion, is limited and rarely extends beyond the concerns voiced in a particular policy arena. This volume brings together contributions from specialists across the spectrum of the social sciences who consider the possible outcomes of expansion per se. The authors consider the countries to which membership might rationally be extended, and discuss the future of a Union that continues to be exclusive, but which must advance in the context of the overall march of globalisation. The contributions from numerous disciplines are complementary and include both macro- and micro perspectives.EU Expansion to the East is designed to be accessible to all scholars of European affairs, as well as those interested in transition and policymakers at national, regional and local levels.Trade Review'. . . a useful contribution as secondary reading on a variety of university courses, as well as interesting a more general readership.' -- Kenneth Button, Annals of Regional ScienceTable of ContentsContents: Preface 1. Towards a United Europe? 2. Monetary Union and Eastward Expansion of the EU 3. France, Germany and the Eastwards Expansion of the EU: Towards a Common Ostpolitik 4. Integrating the ‘New’ Europe: What Role (if any) Does CEFTA Have? 5. Storming the Fortress: The External Border Regime in an Enlarged Europe 6. EU Expansion to the East: The Problem of Agriculture 7. Social Europe East and West 8. Regional Development and EU Enlargement 9. The Changing Role of Border Regions in Central and Eastern Europe 10. EU Accession: The Polish Case 11. Enlargement to the East: Romania 12. European Order, Global Governance and the Liberal Peace Index

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Book SynopsisA rising interdependence among the members of international society and of global civil society has led to an increasing demand for governance without government. The new regulatory mode is characterized as a 'soft law' framework.The contributors to this book define soft law in terms of legally non-binding rules, such as recommendations, codes of conduct and declarations, though they acknowledge the difficulty sometimes faced in differentiating between hard and soft law, whose boundaries are, in practice, often blurred. Focussing largely on the European experience, the book shows how soft law in the EU has become an important regulatory tool in traditional policy areas, like state aid, and in new policy areas, especially within EU's employment policy. It also extends the analysis to the international stage, arguing that international institutions, such as the OECD, the UN, the IMF and the World Bank, have for decades used soft law as a means, indeed their only means, of regulating international agreements. Comparisons between the two arenas are then drawn and indicate very different roles for soft law.This book will appeal to scholars of European law and politics as well as those involved with or interested in the policy implications of this mode of governance.Trade Review'This is a well-structured volume that presents a number of very relevant case studies. . . Soft Law in Governance and Regulation will be a valuable resource for students of law, political science, sociology, organisational studies and others interested in the broader issues of governance and international institutions.' -- Catherine Lyall, SCRIPT-ed - the Online Law and Technology Journal'This volume valuably extends our understanding of the increasing use of soft law as an instrument of transnational regulation, and helpfully sets this phenomenon, now so present in the European Union, in its wider comparative context.' -- Helen Wallace, European University Institute, ItalyTable of ContentsContents: Preface 1. Introduction Part I: The Legal Doctrine and Soft Law 2. Soft Law in the State Aid Policy Area 3. The ECJ and Soft Law: Who’s Afraid of the EU Fundamental Rights Charter? 4. Soft Law and International Financial Institutions – Issues of Hard and Soft Law from a Lawyer’s Perspective Part II: Governance through Soft Regulation 5. Between the Deliberation and Discipline: Soft Governance in EU Employment Policy 6. OECD Governance through Soft Law 7. Emergent Cross-Sectional Soft Regulations: Dynamics at Play in the Global Compact Initiative Part III: Democracy and Soft Law 8. Soft Law and Three Notions of Democracy: The Case of the EU Part IV: Meta-Organizations and Soft Law 9. Soft Regulation from an Organizational Perspective 10. Conclusions References Index

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Book SynopsisThis two-volume set contains a careful selection of the most significant papers on anti-dumping. These important articles have not only shaped the policy debate in this area but have also substantially influenced how we think about the use and role of anti-dumping in trade relations today. After an initial look at some classic articles, the collection provides an overview of the past two decades of academic research on this subject. The contributions are both empirical and theoretical with the emphasis being on the economic rather than the legal analysis involved. The volumes make these papers easily accessible to a wide audience, including academics, policymakers and all those concerned with anti-dumping issues.Table of ContentsContents: Volume I Acknowledgements Introduction Douglas R. Nelson and Hylke Vandenbussche PART I EXPLAINING DUMPING: CLASSIC REFERENCES 1. Jacob Viner (1923), ‘The Definition of Dumping’, ‘The Classification of Dumping’, ‘The Influence of Dumping on Prices in the Dumping Country’, ‘The Consequences of Dumping to the Importing Country’ and ‘Ordinary Protective Tariffs as Safeguards against Dumping’ 2. Theodore O. Yntema (1928), ‘The Influence of Dumping on Monopoly Price’ 3. Joan Robinson (1933), ‘Price Discrimination’ and ‘The Moral of Price Discrimination’ 4. Gottfried von Haberler (1936), ‘Dumping, Cartels, Monopolies, and Export Bounties’ PART II EXPLAINING DUMPING: MODERN ANALYSIS 5. James Brander and Paul Krugman (1983), ‘A “Reciprocal Dumping” Model of International Trade’ 6. Wilfred J. Ethier (1982), ‘Dumping’ 7. James E. Anderson (1992), ‘Domino-Dumping I: Competitive Exporters’ 8. Richard H. Clarida (1993), ‘Entry, Dumping, and Shakeout’ PART III ECONOMIC EFFECTS OF DUMPING 9. Richard Boltuck (1991), ‘Assessing the Effects on the Domestic Industry of Price Dumping’ 10. Robert D. Willig (1998), ‘Economic Effects of Antidumping Policy’ 11. Kenneth H. Kelly and Morris E. Morkre (1998), ‘Do Unfairly Traded Imports Injure Domestic Industries?’ PART IV ECONOMIC EFFECTS OF ANTI-DUMPING 12. J. Michael Finger (1992), ‘Dumping and Antidumping: The Rhetoric and the Reality of Protection in Industrial Countries’ 13. Michael P. Leidy and Bernard M. Hoekman (1990), ‘Production Effects of Price- and Cost-based Anti-dumping Laws under Flexible Exchange Rates’ 14. Robert W. Staiger and Frank A. Wolak (1992), ‘The Effect of Domestic Antidumping Law in the Presence of Foreign Monopoly’ 15. James D. Reitzes (1993), ‘Antidumping Policy’ 16. Simon P. Anderson, Nicolas Schmitt and Jacques-François Thisse (1995), ‘Who Benefits from Antidumping Legislation?’ 17. Michael P. Gallaway, Bruce A. Blonigen and Joseph E. Flynn (1999), ‘Welfare Costs of the U.S. Antidumping and Countervailing Duty Laws’ 18. Hylke Vandenbussche, Reinhilde Veugelers and Jozef Konings (2001), ‘Unionization and European Antidumping Protection’ PART V INDUSTRY STUDIES OF THE IMPACT OF ANTI-DUMPING 19. Stefanie Lenway, Kathleen Rehbein and Laura Starks (1990), ‘The Impact of Protectionism on Firm Wealth: The Experience of the Steel Industry’ 20. Robert W. Staiger and Frank A. Wolak (1994), ‘Measuring Industry-Specific Protection: Antidumping in the United States’ 21. Corinne M. Krupp and Patricia S. Pollard (1996), ‘Market Responses to Antidumping Laws: Some Evidence from the U.S. Chemical Industry’ Name Index Volume II Acknowledgements An introduction by the editors to both volumes appears in Volume I PART I VERTICAL INDUSTRY LINKS IN DUMPING AND ANTI-DUMPING 1. Bernard M. Hoekman and Michael P. Leidy (1992), ‘Cascading Contingent Protection’ 2. Robert M. Feinberg and Seth Kaplan (1993), ‘Fishing Downstream: The Political Economy of Effective Administered Protection’ 3. Daniel M. Bernhofen (1995), ‘Price Dumping in Intermediate Good Markets’ PART II ANTI-DUMPING WITH FDI 4. Bruce A. Blonigen and Yuka Ohno (1998), ‘Endogenous Protection, Foreign Direct Investment and Protection-Building Trade’ 5. René A. Belderbos (1997), ‘Anti-dumping and Tariff Jumping: Japanese Firms’ DFI in the European Union and the United States’ 6. Jan I. Haaland and Ian Wooton (1998), ‘Anti-dumping Jumping: Reciprocal Antidumping and Industrial Location’ PART III ANTI-DUMPING AND COMPETITION POLICY 7. Patrick A. Messerlin (1994), ‘Should Anti-dumping Rules be Replaced by National or International Competition Rules?’ 8. Klaus Stegemann (1990), ‘EC Antidumping Policy: Are Price Undertakings a Legal Substitute for Illegal Price Fixing?’ 9. Reinhilde Veugelers and Hylke Vandenbussche (1999), ‘European Anti-dumping Policy and the Profitability of National and International Collusion’ 10. Hyun Ja Shin (1998), ‘Possible Instances of Predatory Pricing in Recent U.S. Antidumping Cases’ PART IV IMPLEMENTATION ISSUES IN ANTI-DUMPING 11. Alan O. Sykes (1996), ‘The Economics of Injury in Antidumping and Countervailing Duty Cases’ 12. Edwin Vermulst and Paul Waer (1991), ‘The Calculation of Injury Margins in EC Anti-Dumping Proceedings’ 13. P.K.M. Tharakan, David Greenaway and Joe Tharakan (1998), ‘Cumulation and Injury Determination of the European Community in Antidumping Cases’ 14. Thomas J. Prusa (1992), ‘Why Are So Many Antidumping Petitions Withdrawn?’ PART V POLITICAL ECONOMY OF ANTI-DUMPING: THEORY 15. H. Keith Hall and Douglas Nelson (1992), ‘Institutional Structure in the Political Economy of Protection: Legislated v. Administered Protection’ 16. James E. Anderson (1994), ‘Strategic Lobbying and Antidumping’ 17. B. Peter Rosendorff (1996), ‘Voluntary Export Restraints, Antidumping Procedure, and Domestic Politics’ PART VI POLITICAL ECONOMY OF ANTI-DUMPING: EMPIRICS 18. J.M. Finger, H. Keith Hall and Douglas R. Nelson (1982), ‘The Political Economy of Administered Protection’ 19. Wendy L. Hansen and Thomas J. Prusa (1997), ‘The Economics and Politics of Trade Policy: An Empirical Analysis of ITC Decision Making’ 20. Wendy L. Hansen and Kee Ok Park (1995), ‘Nation-State and Pluralistic Decision Making in Trade Policy: The Case of the International Trade Administration’ 21. P.K.M. Tharakan and J. Waelbroeck (1994), ‘Antidumping and Countervailing Duty Decisions in the E.C. and in the U.S.: An Experiment in Comparative Political Economy’ 22. Angelika Eymann and Ludger Schuknecht (1996), ‘Antidumping Policy in the European Community: Political Discretion or Technical Determination’ 23. Michael M. Knetter and Thomas J. Prusa (2003), ‘Macroeconomic Factors and Antidumping Filings: Evidence from Four Countries’ PART VII THE WTO: SPREAD OF ANTI-DUMPING AND CONTROL OF ANTI-DUMPING 24. J. Michael Finger and Kwok-Chiu Fung (1994), ‘Will GATT Enforcement Control Antidumping?’ 25. Thomas J. Prusa (2001), ‘On the Spread and Impact of Anti-dumping’ 26. Robert E. Baldwin (1998), ‘Imposing Multilateral Discipline on Administered Protection’ Name Index

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Book SynopsisThis topical book analyses the main difficulties facing both existing, and candidate, EU countries in the area of Justice and Home Affairs (JHA) on the eve of enlargement. It also presents an excellent compendium of constructive policy recommendations, which the authors believe are needed to pave the way towards and after enlargement. The policy recommendations reflect the richness and difficulty of the debate as well as the sensitivity of the issues at stake - seeking to strike a balance between security, liberty and justice in the EU at this challenging time.The contributions have been grouped under three main headings, preceded by an overview of the progress and obstacles in the area of JHA. Practical recommendations are presented for each of the three areas: the fundamentals of JHA policies in a post-enlargement EU scenarios for crime, law and justice in an enlarged European Union towards an immigration and asylum policy for Europe. Written by academics, high-level practitioners and policymakers, this book will appeal to scholars of European studies and law, European-level policymakers and policy analysts. A wide variety of civil servants and lawyers will also find much of interest.Table of ContentsContents: Preface Part I: Fundamentals of EU Justice and Home Affairs Policy Post Enlargement Part II: Scenarios for Crime, Law and Justice in an Enlarged European Union Part III: Towards an Immigration and Asylum Policy for Europe Index

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Book SynopsisThis book provides rigorous analysis of the wide range of questions surrounding the role of international institutions in governing global business, especially multinational enterprises (MNEs). The analysis, both theoretical and empirical, focuses on the corporate governance of MNEs and to what extent their management takes into account the negative effects of their activities. Also discussed are: how nation states and international institutions control the activities of MNEs, and how the role and strategies of international institutions can be changed to minimise any negative effects without hampering the positive aspects and effects of MNEs.Besides the general questions of corporate governance, the fundamental differences between shareholder and stakeholder concepts are also carefully examined. A number of moral aspects in corporate governance are touched upon including the effect of international entrepreneurial activities on wages, labour markets and environmental issues.International Institutions and Multinational Enterprises is a fascinating book that will appeal to scholars of international and development economics, international business management and institutional economics. NGOs and policymakers involved in international trade, monetary and development policy formulation and associated institutions will also find much to interest them.Table of ContentsContents: Preface 1. International Institutions and Corporate Governance 2. Global Capitalism: The Moral Challenge 3. Corporate Governance in Multinational Companies 4. The International Competition Network as an International Merger Control Institution 5. Do Multinational Enterprises Pay Less Taxes 6. Multinational Enterprises 7. Foreign Direct Investment and Wages 8. Coordination Failures and the Role of Foreign Direct Investment in Least Developed Countries 9. Market Entry Strategies of Multinational Firms in Local and Regional Markets and their Consequences for Regional Development 10. Institutional and Policy Variety, the Role of IFIs and Economic Development 11. International Institutions and Financial Market Stability Index

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Book SynopsisWhat role will the current evolution of banking systems play in the newly adopted EU countries during the historic challenges following enlargement? This book, a blend of economics and political economy, offers a systematic analysis of the current trends in financial intermediation in the countries of the newly enlarged Europe, with particular focus on those policies taken by foreign banks on the one hand, and by regulatory and supervisory authorities on the other.The authors argue that their research has led to one conclusion; in order to enter the EU, the accession countries needed to increase the efficiency of their economic systems rapidly through liberalization and privatization. The book assesses whether the presence of foreign banks will contribute to long term economic growth and financial stability, and how the architecture of banking regulations and supervision should be designed.As a multidisciplinary work, though principally economics, the book will appeal to scholars and academics of politics and law. It also has particular relevance for regulators and supervisory institutions, as well as professionals including bankers, financial operators and also legal compliance officers.Trade Review'. . . the collection deserves to be read by anyone with an interest in the role of the commercial banks in the financial landscape of that region. Professor Masciandaro is to be congratulated in bringing together such an informative and significant collection of essays.' -- Eva Lomnicka, Journal of Financial Regulation and Compliance'This is a timely and well thought out study of the European banking contest being played out in the countries of "new Europe" against the backdrop of globalisation.' -- Andrew W. Mullineux, Bournemouth University, UKTable of ContentsContents: Foreword Introduction Part I: Intermediation, Firms and Financial Markets 1. Banking Industry in Central and Eastern Europe: The Unexpected Leader in the Transition and Integration with the EU 2. Deepening Financial Intermediation in the New Europe: The Role of Banks 3. Financial Structures and Private Sector Development in the New Europe 4. Financial Risk in Accession Countries Part II: Foreign Banks 5. Who Needs Foreign Banks? 6. New Europe Banking: The Role of International Players 7. Financial Intermediation in Accession Countries: The Role of Foreign Banks 8. Foreign Banks and Financial Stability in the New Europe 9. Eastern Passages for Italy’s Banks and Industrial Districts: Are the Two Related or Independent? Part III: Regulation, Supervision and Monetary Policy 10. Financial Regulation in the New Europe 11. Single Authority in Financial Markets Supervision: Lessons for EU Enlargement 12. Deposit Insurance in the New Europe 13. Interest Rate Pass-Through in EU Acceding Countries: The Case of the Czech Republic, Hungary and Poland Index

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Book SynopsisThe Economic Potential of a Larger Europe gives insights into past, present and future issues related to the ongoing EU enlargement process. Providing a unique forum for debate and a multiplicity of views and experiences from both high-profile academics and those who engage with enlargement on an implementation level, this book covers a wide range of topics that are key to a successful transition and integration process and thus to the provision of a prosperous growth environment within a larger Europe. Special attention is paid to monetary integration, notably entry into ERM II, on which representatives of the national central banks involved present their views.Given the non-technical language of most contributions, this publication targets a broad audience generally interested in the future of the EU, in the design of the enlargement process, and in the challenges of reform on the road to a stronger Europe.This is a book that can be recommended for economists as well as experts in the fields of European integration, Central and Eastern Europe, and EU enlargement from governments, international organizations, central, commercial and investment banks, and universities and research institutes.Trade Review'This book is a valuable and comprehensive account of the broad range of economic issues that the widening and deepening European Union is confronted with at the current stage and in the next years to come. It is a most useful and timely reference for a broad readership.' -- Tommaso Padoa-Schioppa, European Central BankTable of ContentsContents: Preface Executive Summary EU Enlargement in 2004 – A Time to Revisit Transition Challenges Part I: Reconciling Policies for Europe Part II: Key Issues for Capacity Building Part III: Human Capital and Capacity Building – Experiences and Lessons for the Future Part IV: The Role of FDI and Trade Integration in the Catching-up Process Part V: The Road to Monetary Union Part VI: Corporate Governance, Financial Markets and the Optimal Role of the State Part VII: Stabilization of Expectations – Macroeconomic and Structural Policies in an Enlarged Euro Area Part VIII: Economic and Monetary Union – A Leading Indicator for Political Union? Index

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Book SynopsisAfter the conservative Arab Gulf Monarchies - Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE) - joined forces on 25 May 1981 within the Gulf Co-operation Council (GCC), few fathomed that security requirements on and around the Arabian Peninsula would be so precarious and for so long. To answer their search for permanent stability, Arab Gulf rulers erected a regional alliance that sought to integrate internal and regional defences, as well as strengthen their existing socio-economic ties. Several of the monarchies even hoped that co-ordination on foreign policy issues over which near unanimity existed could, eventually, lead to a full-fledged union as envisaged in the organisation's founding charter. Between 1981 and 2015 these Arab Gulf monarchies experienced major socio-political transformations resulting from upheavals throughout the Arab and Muslim worlds. The perceived necessity to bring about a full-fledged union has come into conflict with entrenched viewpoints from regimes that value traditional military/political roles and norms. In this new study, Joseph A. Kechichian provides an evaluation of GCC States' military institutions to better evaluate whether a stable alliance is capable of enduring over the next few decades, and how civilian leaders perceive the role and influence of their military officers for the task. Kechichian raises fundamental questions over internal, regional and international threats, including an existential challenge emanating from the Islamic revolutionary government of Iran, and assesses how GCC professionals may be preparing to tackle them. He further elucidates on the best methods to meet security challenges not only to secure political survival but also to determine whether conservative Arab Gulf regimes can flourish outside an effective alliance. The volume concludes with an examination of evolving civil-military relations in the GCC States.

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Book SynopsisThis book explores the origins, rationale, problems and prospects of the European fiscal policy framework. It provides the reader with a roadmap to EMU's budgetary framework by exploring its theoretical and empirical foundations, uncovering its historical roots and emphasising its supranational nature.The authors, who have been at the forefront of the academic and policy debate on economic policy in Europe, argue that fiscal policy has always been at the core of the EMU debate. The Maastricht criteria and the Stability and Growth Pact are the most contentious building blocks of EMU's institutional architecture: they have aroused heated controversies between academics and policymakers ever since their adoption. As EMU's budgetary rules undergo their first severe shock, Europe is still searching for its fiscal soul. The book's basic premise is that one cannot fully understand EMU's fiscal framework and the recent debate on its reform without placing them in a historical and institutional perspective and abstracting from the uniqueness of EMU, where sovereign countries retain a large degree of fiscal independence, and monetary policy is entrusted to an independent central bank with the overriding mission of maintaining price stability.Analysing all aspects of EMU's fiscal rules and institutions, this book will strongly appeal to students, academics and researchers of macroeconomic policy and European integration. Policymakers and fiscal policy experts at both national and international levels will also find the book to be of great interest.Trade Review'The book has many merits, and represents an important contribution to the controversial topic of European fiscal policy. I appreciated in particular the high quality and rigor of the analysis and the fact that the pros and cons of the contending opinions are presented in a fair way. It is a rewarding reading.' -- EAEPE Newsletter'Buti and Franco present a series of interesting analytical information which should be read by as broad an audience as possible. . . the book is a good buy.' -- LaszlO Csaba, Acta OeconomicaTable of ContentsContents: Foreword 1. EMU’s Fiscal Rules in a Historical Perspective 2. The Maastricht Treaty and the Stability and Growth Pact 3. Medium-term Fiscal Targets 4. Cyclical Stabilization 5. Interactions between Monetary and Fiscal Policies 6. Public Investment 7. Long-term Sustainability 8. Fiscal Federalism 9. Politics and the Pact 10. Fiscal Rules and Statistics 11. Reforming EMU’s Fiscal Rules 12. National Budgets and the EU Budget 13. Postscript: A New Stability and Growth Pact? Bibliography Index

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Book SynopsisThe Making of the European Union argues that the process of European integration has drifted into serious crisis, perhaps the most serious since the Danes voted against the Treaty of the European Union in 1992. French and Dutch voters blatantly rejected the Treaty establishing a Constitution for Europe in the summer of 2005, thus freezing the constitutional process for at least a year. The outcome of these referenda indicates that the views and attitudes of average Europeans have not been sufficiently listened to.Analysing the conditions for European integration, this book applies a citizens' or 'bottom-up' perspective on the integration process. The difficulties that the constitutional process has encountered illustrate the relevance of bringing public opinion into the analysis of the prospects for European integration. The book describes and analyses the historical, mental, intellectual, and attitudinal denominators of European integration, denominators that have shaped the processes so far and will continue to do so in the future. The authors apply a broad comparative perspective, where European nation-states constitute the primary units of analysis. The focus is on the foundations of European integration, public views about the EU, including various shades of Euroscepticism, and the long-term prospects of the EU.This is a fascinating and penetrating look at the EU and will therefore appeal to a wide audience including scholars and researchers in the social sciences - particularly political science, comparative politics and European studies. The book will also be of great interest to journalists and all those involved in the EU, including policy makers and civil servants throughout the EU itself.Table of ContentsContents: Preface 1. Introduction 2. The Origins of the European Union 3. Patterns of Inclusion and Exclusion in Europe 4. Support for the European Union 5. Support for Deeper Political Integration: The External Dimension 6. The Challenge of Euroscepticism and Nationalism 7. Politikverdrossenheit, Globalisation and Individualism 8. Conclusions: The Future of the European Union Appendix: Chronology of European Integration Index

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Book SynopsisEurope is at a major crossroads in its post-World War II history. The European Union (EU) has not only successfully adopted the euro as a common currency but it has also included twelve more member states. In this comprehensive volume, Peter Coffey, author of The Future of Europe (Edward Elgar, 1995), examines the major issues and challenges facing Europe and presents a concise and up-to-date analysis of the economic, political and social issues facing the EU following enlargement. The book is divided into five parts, with Part One analyzing issues surrounding the enlargement of the EU including criteria for membership, negotiations with candidate countries, and possible implications. Part Two covers the euro and the EMU. In Part Three the author examines the major areas of reform - institutional as well as policy - and sets forth his own proposals for future policy changes. Part Four reviews the European Convention, while Part Five looks to the future of Europe. Also included are official documents on European unification that are often difficult to obtain. In conclusion, the author foresees that the EU will, at least for some time, become a confederation of nation states, rather than a federation as desired by some EU members. This timely book is a must read for students and scholars of European studies, as well as political leaders and those with business interests in Europe.Table of ContentsContents: Preface Background to the Book Part I: The Enlargement of the European Union 1. Criteria for Membership 2. The Candidate Countries – The Negotiations 3. Possible Implications of the Enlargement Part II: The Euro 4. The Road to the EMU and the Euro 5. The Framework for the Euro 6. The Euro – Practical Considerations 7. The Euro – The Future Part III: Major Areas for Reform: The Institutions and Policy Areas 8. Reforming the Institutions 9. Some Proposals for Institutional Reform 10. Reforming Major Policy Areas – The Common Agricultural Policy 11. Competition and Regional Policies Part IV: The European Convention 12. The European Convention Part V: The Future 13. Toward a Common Foreign and Defence Policy 14. The Future – What Might Happen Conclusions – Final Words Appendices 1. Landmark Dates in European Integration 2. Convention of the Reform of Europe 3. Institutional Reform: Stance Taken by European Parliament on Division of Competences and on Council Reform 4. European Convention: Commission’s Initial Overall Contribution to the Debate on the Future of Europe 5. The ‘Toulemon Project’ on the Future of Europe 6. Common Foreign and Security Policy: The Priorities of the European Parliament 7. Special Edition for the European Council in Brussels (24 and 25 October 2002) 8. European Convention: Convention Discusses Preliminary Draft Constitutional Treaty Index

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Book SynopsisThe debate about how best to manage the interplay between trade, industrialization and the impacts of both on the global environment continues to rage, particularly in the context of the introduction and ratification of the Kyoto Protocol. This book deals with a number of important issues surrounding the debate about trade and the environment, but places particular emphasis on the process of EU enlargement.The first two chapters, by prominent American scholars, present the case for and against the Kyoto Protocol. The authors go on to review the broader trade-environment debate by undertaking a critical analysis of the interplay between current WTO and EU economic policies and how they conflict with policies aimed at environmental protection. The third part focuses on EU accession economies and discusses how EU policies can best strike a balance between environmental improvements and economic development in those countries. Finally the book reviews the impact of economic transition on environmental policies in Russia and Central and Eastern Europe. This book will be of great interest to scholars interested in the trade-environment debate and will be a valuable resource for international environmental policymakers.Table of ContentsContents: 1. Introduction Part I: The Trade–Environment Debate in Context: The US Decision on Kyoto 2. The Kyoto Protocol: A Flawed Concept 3. You’re Getting Warmer: The Most Feasible Path for Addressing Global Climate Change Does Run through Kyoto Part II: Trade and Environmental Policies 4. Trade, the Harmonization of Environmental Policy and the Subsidiarity Principle 5. Trade and the Environment in the Perspective of EU Enlargement 6. Can Environmental Regulations be Compatible with Higher International Competitiveness? Some New Theoretical Insights Part III: Environmental Policy Concerns in the Context of EU Enlargement 7. Environmental Implications of EU Enlargement: Lessons from the Southern Member States and Preliminary Evidence from Poland 8. Strategic Environmental Policies with Foreign Direct Investment: Implications of European Enlargement 9. External Actors and their Prospective Roles in Environmental Cleanup in Central and Eastern Europe 10. How Can Economies in Transition Pursue Emissions Trading or Joint Implementation? Part IV: Economic and Environmental Policies in Transition Economies 11. Energy and Sustainability in Central Europe: A Decade of Transition in Review 12. Reorganization of Environmental Policy in Russia: The Decade of Success and Failures in Implementation and Prospective Quests 13. Policy in Transition: A New Framework for Russia’s Climate Policy Index

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Book SynopsisThe EU is the main trading partner of developing countries, and the main provider of development aid. The contributors to this book evaluate critical aspects of EU trade and aid policies in order to ascertain whether, and to what extent, they help promote growth and accelerate the development of the Third World.The evaluation takes into account current changes in EU trade and aid policy and makes use of recent advances in empirical methods in order to provide accurate estimates of the policy impact on developing countries. The various studies may contribute to improve the design and implementation of EU policy and its effectiveness in strengthening growth of developing countries and promoting the well-being of their populations. This independent evaluation of EU trade and development policy towards developing countries will strongly appeal to: undergraduate and graduate students in international economics, development economics and European economics; policy makers in the EU and developing countries, development community; non governmental organizations; and those interested in the impact of the EU trade and aid policy.Trade Review'This collection of economic articles on EU development policy provides a stimulating overview of the effects of policies which have undergone significant change in recent years. The book will be warmly welcomed in seminars on development policy, in particular where economic trends and consequences are discussed in relation to the EU's policy.' -- Michael J. Steffens, European Foreign Affairs Review'It is a pleasure to read this well-written and topical book of essays on the EU's trade and aid relationships with the developing world by a group of authors mostly associated with Lund University in Sweden. . . I can highly recommend this book to anyone interested in the analysis of EU trade and development policies.' -- Alan Matthews, European Review of Agricultural EconomicsTable of ContentsContents: 1. Introduction Yves Bourdet, Joakim Gullstrand and Karin Olofsdotter 2. Trade and Specialisation: Changing Patterns in the 1990s? Joakim Gullstrand and Karin Olofsdotter 3. Assessing the Effects of EU Trade Preferences for Developing Countries Maria Persson and Fredrik Wilhelmsson 4. Comparative Effects of EU and US Trade Policies on Developing Country Exports Lars Nilsson 5. Is the Middle East and North Africa Region Achieving its Trade Potential? Ludvig Söderling 6. The EU and South Africa: Trade and Diversification Lennart Petersson 7. The EU and Regional Integration in West Africa: Assessing the Effects of Deepening and Enlargement Yves Bourdet and Joakim Gullstrand 8. Effects of the EU Sugar Reform on Developing Countries Marcel Adenäuer, Torbjörn Jansson and Helena Johansson 9. Comparative Effects of EU and US Food Aid on Local Production and Commercial Trade Carl-Johan Belfrage 10. Does EU Aid Promote Growth? Pontus Hansson Index

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Book SynopsisThe past decade has witnessed a proliferation of regulatory agencies at both the national and the EU level. This coherent and clearly structured book is the first of its kind to analyse in equal measure, and interdependently, both national regulatory authorities and European agencies. It brings together a select group of highly esteemed contributors - authorities in their fields - to provide a systematic and over-arching view of regulation in the EU. Unlike many of the previous attempts to shed light on this increasingly opaque and complex co-existence of regulatory systems, this book takes a genuinely multi-disciplinary approach with integrated perspectives from law, politics and economics. Exploring firstly the rationales for the existence of agencies, the book then goes on to examine how agencies are designed in the EU before considering the legal and political challenges they raise, and finally comparing them with international agencies and agencies in an enlarged Europe and the wider world.Academic researchers in the fields of law, economics and politics will find Regulation through Agencies in the EU of great interest as will EU law practitioners, policymakers and regulators in Europe.Trade Review'. . . those interested in regulatory politics in Europe will find this book a useful set of essays.' -- Michelle Egan, European Law ReviewTable of ContentsContents: Part I: Rationales for Setting Up Agencies 1. The Politics of Regulation in the European Union Paul Magnette 2. Regulation of Liberalised Markets: A New Role for the State? (Or How to Induce Competition Among Regulators) Phedon Nicolaïdes Part II: The Design of Agencies in the EU 3. Independent Regulatory Agencies and Elected Politicians in Europe Mark Thatcher 4. Agencies for European Regulatory Governance: A Regimes Approach Colin Scott 5. Delegation to EU Non-Majoritarian Agencies and Emerging Practices of Public Accountability Deirdre Curtin 6. Independence, Accountability and Transparency of European Regulatory Agencies Ellen Vos Part III: Challenges Raised by Agencies in the EU 7. Good Governance and European Agencies: The Balance Michelle Everson 8. Coordination of European and Member State Regulatory Policy: Horizontal, Vertical and Transversal Aspects Pierre Larouche 9. The Proliferation of National Regulatory Authorities Alongside Competition Authorities: A Source of Jurisdictional Confusion? Nicolas Petit Part IV: Agencies in a Comparative and International Perspective 10. The Development of European Regulatory Agencies: Lessons from the American Experience Damien Geradin 11. Regulation and Globalization: Interactions between International Standard-setting Agencies and the European Union Jan Wouters and Sten Verhoeven Index

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Book SynopsisAs the power and scope of the European Union moves further, beyond traditional forms of international cooperation between sovereign states, it is important to analyse how these developments are impacting upon national institutions and processes of democratic representation and legitimacy in the member countries. The authors in this book identify four core processes of democratic governance present in any democratic political system that link societal and state processes of decision-making: opinion formation, interest intermediation, national executive decision-making and national parliamentary scrutiny. From a normative perspective they discuss what impacts this process of Europeanization has on democracy in the evolving system. They conclude that more changes are seen within the state-centric than in the societal-centred processes of democracy, thus the public seems to have been 'left behind' in the process of constructing Europe. The empirical research and normative discussion presented in this book are designed to further our knowledge concerning the Europeanization of social and state processes of democracy and to contribute to the continuing dialogue on democracy in the European Union.This book will be of great interest to academics and researchers of political science, public policy and international relations, as well as those interested in European studies and comparative politics.Trade Review'. . . the book brings together a very competent group of scholars who cover the volume's theme rather comprehensively, and whose contributions are, at the same time, assembled into a coherent whole. The volume impresses particularly through its empirical richness. It constitutes a valuable contribution to knowledge and should be of interest to scholars and students working on democratic governance, Europeanization and European integration, more generally.' -- Arne Niemann, Acta Politica'This volume adds a significant new angle to the debate about democracy in Europe. In going beyond the well-established institutional politics at the European level, the contributions to this book take things further by covering in some detail what happens before decisions are taken in Brussels. In particular, the focus on issues such as the role of the media, the involvement of national administrations or the scrutiny of EU decisions by national parliaments provides a more comprehensive picture than we have had so far of "European democracy". This book will be of great interest to scholars and students of European integration.' -- Thomas Christiansen, European Institute of Public Administration, The NetherlandsTable of ContentsContents: Foreword 1. Introduction: Democratic Governance and European Integration Ronald Holzhacker and Erik Albæk PART I: OPINION FORMATION AND INTEREST INTERMEDIATION IN MULTI-LEVEL GOVERNANCE 2. Visibility and Framing of European Integration in the Media Claes de Vreese 3. Europeanization of Expert References in the Media? Researchers as Sources in Danish Daily Newspapers 1961–2001 Erik Albæk, Peter Munk Christiansen, and Lise Togeby 4. National Election Campaigns and European Issues Ronald Holzhacker and Andrea Römmele 5. Resisting Change: European Integration and National Party Systems Tapio Raunio 6. Interest Organizations and European integration Ove K. Pedersen PART II: EXECUTIVE DECISION-MAKING AND NATIONAL PARLIAMENTARY SCRUTINY 7. Undermining Democratic Governance in the Member States? The Europeanization of National Decision-Making Tanja A. Börzel and Carina Sprungk 8. The Europeanization of National Executives: Changing Capacities and Ambivalent Effects on Democracy Ignacio Molina and César Colino 9. Adapting to Europe: Strategic Europeanization of National Parliaments Katrin Auel 10. National Parliamentary Scrutiny: Comparing Rules, Institutions and Behaviour Ronald Holzhacker 11. A Model for the Strictest Scrutiny? The Danish European Affairs Committee in a Party Group Perspective Henrik Jensen 12. The Southern European Pattern of Parliamentary Scrutiny of EU Legislation: Emulating the French Model José M. Magone 13. The Role of the ECE Parliaments in EU Integration Attila Ágh Index

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Book SynopsisDuring its first fifteen years, the EU's merger control system, unlike most others in the world, offered only minimal possibilities for taking efficiency gains into account as a mitigating factor that might offset the anti-competitive effects of a merger. This book examines the background to a change in the legal framework which occurred in May 2004 with the entry into force of a new Merger Regulation that for the first time explicitly recognises the possibility of an efficiency defence.European Merger Control assesses the likely impact of this new regulation, and discusses the pros and cons of the efficiency defence, how other merger control systems deal with efficiencies, how the investigation process can be organised to accommodate the analysis of efficiency gains and the main theoretical and practical problems which arise when anti-competitive effects have to be weighed against efficiency gains.With contributions from distinguished academics in the field of industrial economics and officials with practical experience of merger control, this book will be of interest to consulting economists practising in the field of competition policy, competition lawyers, micro-economists and officials of competition authorities.Trade Review'It is an interesting and valuable contribution to the competition literature. It brings together in one place the arguments, both theoretical and empirical, in favour of the introduction of an efficiencies defence. . . the book is a very helpful reference on the consequences of mergers, and on the nature and source of efficiency benefits, particularly economies of scale. . . The papers that comprise this book are a rewarding read both for competition lawyers and for economists. Further, although the discussion of efficiencies is directed towards assessment of merger issues, it has wider application, especially in relation to vertical restraints.' -- Rhonda L. Smith, Competition and Consumer Law JournalTable of ContentsContents: Foreword Mario Monti Introduction 1. M&A Activity and Merger Control since 1991 Roderick Meiklejohn 2. European Merger Control: Do We Need an Efficiency Defence? Fabienne Ilzkovitz and Roderick Meiklejohn 3. Efficiency Gains from Mergers Lars-Hendrik Röller, Johan Stennek and Frank Verboven 4. Merger Control and Enterprise Competitiveness: Empirical Analysis and Policy Recommendations Johan Stennek and Frank Verboven 5. Efficiencies in Merger Control Jrissy Motis, Damien Neven and Paul Seabright Index

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Book SynopsisWith both transition dynamics and the EU integration process having shifted to the south-east of Europe, a region fairly marginalized in the literature, this book fills a gap by taking stock of where South-East Europe's economies and institutions stood in 2004. The authors evaluate the potential for investment and growth within the South-East European region, including the role of trade and FDI, and discuss the challenges associated with unemployment, poverty and 'brain drain'. The book also provides insights into the particular monetary and exchange rate policies applied, including cases of 'euroization', and finally makes an assessment, against this background, of the European perspective of the countries of South-East Europe. European Economic Integration and South-East Europe offers a unique collection of contributions, combining authoritative views from central bank officials and policymakers, topical empirical evidence from academia and refreshing practical insights from companies doing business in the area. It will be of great interest to economists as well as those generally interested in the future of the EU, the design of the enlargement process and the challenges of reform on the road to a stronger Europe.Table of ContentsContents: Preface Part I: South-East Europe: Where Do Institutions and the Economy Stand? Part II: The Case of Dollarization and Euroization Part III: Monetary and Exchange Rate Policies: Circumstances and Choice in South-East Europe Part IV: FDI and Trade as Pivotal Elements for Catching Up and Competitiveness Part V: Confronting Serious Challenges: High Unemployment, Poverty, Brain Drain Part VI: Banking in South-East Europe and the Leading Role of Austrian Banks Index

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