This book is intended to provide a basic understanding of current issues and problems of economic integration. Identifying economic integration as one of the main features of modern international economics, the authors examine its many aspects and consequences which remain as yet obscure and unexplored. After addressing general issues regarding economic integration, the authors include empirical theoretical analyses of the monetary union, social policy reform, social union, public finance and technological policies.

Autorentext

DR GEORGE C. BITROS is Professor of Economics in the Economics Department of the Athens University of Economics and Business. He obtained his B.A. from the same university and his M.A. and Ph.D. from New York University.

DR GEORGE M. KORRES is Assistant Professor in the Department of Geography of the University of Aegean. He was educated at the University of Piraeus, University of Essex, and London University.

Inhalt

List of Figures List of Tables List of Abbreviations List of Contributors Preface; G.C.Bitros & G.M.Korres Introduction; G.C.Bitros PART I: MACROECONOMIC ISSUES OF ECONOMIC INTEGRATION Symmetry and Asymmetry of Supply and Demand Shocks in the European Union: A Dynamic Analysis; L.Boone Testing for Common Features in the European Union; H.Bai, S.Hall & D.Shepherd The Demand for Money in the European Union: The Role of Germany's Interest Rate; Y.Pu & G.Zis Credibility and Inflation Expectations in the European Monetary System; N.Sarantis Exchange-rate Regimes, Inflation and Credibility: Theory and Evidence from Greece; G.S.Alogoskoufis, A.Philipopoulos & V.Vassilatos PART II: MICROECONOMIC ISSUES OF ECONOMIC INTEGRATION The Effects of European Integration on Greek Manufacture; Y.Katsoulakos & N.Tsoris Economic Integration in Europe and the Pattern of German Foreign Direct Investment; F.Hubert & N.Pain Spanish Unemployment - a hiring function approach: GARCH-M Model; I.Figuerola-Ferreti & Y.G.Paraskevopoulos Economic Growth, Labor Effort and Fertility Choice in Greece: Evidence and Implications for Economic Integration; G.Hondroyiannis, S.Lolos & E.Papapetrou PART III: INSTITUTIONS AND POLICIES OF INTEGRATION The Institutional Development and the Harmonization of Technological Policy in the European Community; G.M.Korres The Reform of the Institutional Framework of the Coastal Shipping, According to the New European Regulation 3577/92; G.Vlachos & M.Lekakou Regional Inequalities and the Allocation of EU Funding: The Case of Greece; D.Giannias PART IV: CHALLENGES FOR AN INTEGRATED EUROPE Economic Integration and the Future of the Welfare State in the European Union; E.Paliginis Technical Change, Productivity, and Economic Integration of the European Union; G.M.Korres Privatization: Recent Experiences and Prospects in a World Without Borders; G.C.Bitros The Balkans and the European Union; N.Giannaris Index