scholarly journals European Economic Integration: Assessing Benefits from State Size Perspective

Author(s):  
Domen Gril ◽  
Primož Pevcin

This empirical paper focuses on the analysis of economic benefits of European integration processes. A gap exists on the research that addresses the specific benefits of states involved in the economic integration processes. Thus, paper focuses on the analysis of benefits Slovenia has from European economic integration, and benchmark analysis is performed, taking Poland as example. This context serves for the comparison of effects and benefits of economic integration concerning smaller and larger states. Namely, there is an assumption that economic integration should have different state-specific effects, where state size is one of the attributes that significantly channels these effects. The results show that Slovenia benefited much more entering the single market in comparison to Poland. This suggests that single market might serve as an economic shelter for smaller states, and thus generates relatively larger benefits for them in comparison to larger states.

1991 ◽  
Vol 136 ◽  
pp. 93-118 ◽  
Author(s):  
John Ermisch

This article examines the conditions under which social policy would be constrained by European economic integration and assesses whether a Social Charter is needed. It provides a framework for interpreting the ‘principle of subsidiarity’, examines the potential for a direct effect of social benefits on the movement of people within the EC, investigates the impact of the taxes used to finance social policy on the location of businesses and people and the incidence of these taxes. As the degree of labour mobility in response to differences in real wages between EC countries is demonstrated to be crucial in deciding whether a Social Charter is necessary, a substantial part of the paper examines the evidence on the responsiveness of labour mobility, and it suggests little need for a Social Charter.


1998 ◽  
Vol 1 (1) ◽  
pp. 108-121
Author(s):  
W. Viviers ◽  
T F.J. Steyn

The integration of the European Communities (EC, today EU) has been described as one of the most successful examples of economic integration worldwide. This study examines the reason for this success from two perspectives. Firstly, the economic success of EC integration for the period 1945 to 1992 is investigated. It is concluded that, notwithstanding difficulties experienced, the economic integration process represents the EC's greatest achievement. An example of this is the completion of the EC internal market through the European Economic Community (EEC) customs union and the EC-92 programme. Secondly, the investigation focuses on the political success of EC integration. The evaluation shows that political powerplay endangered and inhibited the process of economic integration in the EC.


2007 ◽  
Vol 24 (4) ◽  
pp. 395-413
Author(s):  
Mirja Österberg

Based on the author's Master's thesis at the University of Helsinki in 2005, this article traces the reaction and response by the management of the Finnish alcohol monopoly Oy Alko Ab to the process of European economic integration between 1988 and 1994. The data for the study consist of archive materials, protocols and memoirs, earlier research and literature as well as interviews with key figures involved in the process. A distinction is made between four different periods in the management's reactions between 1988–1994. In the first period 1988–1989, the Alko management began to realise that European integration might have an impact on the company's operation. During the second period 1990–1991, there was a growing recognition that integration would affect the company in a major way and that it would be losing its import and export monopoly. At the same time, the Alko management began taking steps to strengthen the company's competitiveness and organisation. During the third period, from February 1992 to August 1992, the Alko management realised that the company's production and wholesale monopoly might also be under threat. They decided to fight to retain the company's three remaining monopoly rights and did so over the next six months until 25 August 1992, when the battle was limited to the monopoly of off-premise retail sales of alcoholic beverages. In the fourth period from August 1992 to May 1994, the Alko management moved to shore up the company's competitiveness and prepare for the eventuality of the company possibly losing its retail monopoly.


1990 ◽  
Vol 134 ◽  
pp. 86-92
Author(s):  
Stephen Woolcock

North American, and in particular US views of 1992 must be seen in the broad political context of transatlantic relations. The US has shown consistent support for the idea of European integration. Initially this took the form of linking Marshall aid to greater European economic cooperation, then organised by the Organisation for European Economic Cooperation (OEEC). There was also strong political support for Monnet's supranational approach to European integration as a means of helping to bring about Franco-German reconciliation and to stabilise Europe. In the early days of European integration there were strategic and political reasons for American concerns to see a stronger (Western) Europe. The possible adverse effects of economic integration for the US were seen as more than manageable, given the strength of the US economy in relation to those of the European countries. With the promise of enhanced markets for US exports and US production the creation of the EEC was seen as being trade creating rather than trade diverting.


Author(s):  
Leandro Conte ◽  
Gianni Toniolo ◽  
Giovanni Vecchi

This chapter examines the effects of monetary unification on market integration. It offers a new perspective on the Euro's likely effectiveness in achieving the ‘Single Market’ goal of European economic integration, by examining the impact of a nineteenth-century national currency reform. It looks back at the experience of Italian monetary unification after 1861 and describes how rapidly the prices of the basic factors of production, wages, and interest rates began to converge after the introduction of the national currency.


In its more than seven decades of history European integration has gone through many stages of development. Some of them were incremental, but many more rather sudden, triggered or at least profoundly influenced by legal predicaments and political impasses, following the proverbial advice to ‘never let a good crisis go to waste’. The policy areas that are broadly abridged under the term Economic and Monetary Union (EMU) form no exception in this regard. EMU is deeply rooted in and following the inherent logic of political integration through gradual economic integration proclaimed in the well-known Schuman Declaration and thereafter given shape through the Treaty establishing the Coal and Steel Community (ECSC) and the subsequent Treaty establishing the European Economic Community. Yet, it was the Treaty on European Union (Maastricht Treaty/TEU), which was meant to put an end to the at times fiercely led (academic) debates on the future direction of European integration and its democratic credentials, that finally provided the necessary legal impetus for the establishment of an economic and monetary union and the creation of a supranational, single European currency.


Author(s):  
Marco Becht

Bank-oriented business groups have been closely related to the growth of Belgium since independence in 1831. The Société générale de Belgique in particular was a leading example of a widely held business group with extensive banking and industrial interests. The holding companies that characterized the Belgian economy for 150 years have largely disappeared. They were acquired or their holdings were sold to larger entities from neighboring countries, in particular from France. European economic integration appears to be the most compelling explanation for the disappearance of the large diversified group in Belgium. It does not explain why Belgian groups failed to take advantage of the new opportunities offered by the European single market.


2014 ◽  
Vol 2 (1) ◽  
pp. 69-95 ◽  
Author(s):  
Dawn Brancati

Economic integration is widely argued to increase subnational demands for independence. Yet increasingly high degrees of integration have not been associated with a commensurate growth in separatist activity. This article argues that integration is not likely to promote separatism in general because the economic benefits of integration are not uniformly positive, and are not large enough for most regions to provide for their own defense in order to sustain themselves as independent states. This argument is empirically tested using the case of post-WWII European integration, a hard test of the argument, since the European Union is the most advanced economic integration scheme in the world. The quantitative analysis supports the argument, showing that European integration is only weakly associated with a modest increase in electoral support for separatist parties. Further qualitative analysis suggests that the effect of integration is conditional on other factors as well.


2021 ◽  
pp. 13-32
Author(s):  
Nikos Koutsiaras

This chapter is a review study of Loukas Tsoukalis’ published work on the political economy of European integration. A reverse chronological order is followed, its benchmarks being provided by Tsoukalis’ books; his journal articles and chapters in edited volumes are also reviewed, albeit selectively. Tsoukalis’ main research interests lie with the issues of money, monetary unification, and macroeconomic policy in the EU (and the euro area). Tsoukalis has especially been concerned with structural asymmetries, macroeconomic imbalances, and economic and social inequalities frustrating the European project, while being also reinforced by European economic integration and globalization. Yet, he has never confined his research within the limits of conventional economic analysis. Tsoukalis has, instead, sought to make sense of the political perplexities inherent in European economic integration; and he has constantly looked at the bigger picture. At the methodological level, Tsoukalis has been rather sceptical of mainstream economic theory; and he has often set himself free from the rigours of formal methodology, while having adopted an empirical approach. Sometimes he has embraced a normative rather than strictly analytical perspective, thereby articulating policy suggestions—and feeding ideas into the European political discourse. Tsoukalis has, thus, been influenced by Keynes’ ideal stereotype of economists as men of affairs: philosophers, politicians, and pragmatists. Above all, Loukas Tsoukalis has unequivocally been making the case for European integration, while also taking into account objective constraints and subjective sensibilities—a European idealist and a realist at one and the same time.


Author(s):  
Andreea Bucur

The European economic integration is, by its nature, a very complex and multilateral process, representing a wide area for multidisciplinary studies and research. At the same time, in the current context, the European integration acquires new additional valences, reason for which we can say that the significance of issues related to its manifestation is not diminishing but rather increases. Considering the importance and topical of the researched subject, this paper aims to present and highlight the complexity of deepening as a fundamental dimension of European economic integration, and possible consequences resulting from its implementation.


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