scholarly journals The Impact of the European Integration Process on the Banking System – an Overview

2010 ◽  
Author(s):  
Bogdan Ilut
Keyword(s):  
European Union ◽  
European Integration ◽  
Banking Sector ◽  
Banking System ◽  
Main Channel ◽  
The European Union ◽  
Integration Process ◽  
Fully Integrated ◽  
Is Integration ◽  
The Impact

<p>In the last decade the European integration process was the main focuses of the European Union, as its completion could bring a huge step toward a fully integrated European Union. As the banking sector is the main channel for funding of the European economy, it has become now more clearly than ever that is integration is of the up more essence. The aim of this paper is to quantify the progresses registered by the main European Union’s economies in the process of banking integration, as their example is generally followed by the other member states. First we underline the necessity of the European integration and the progress made using an extended literature review doublet by an analysis of the main indicators for the banking systems of these countries. We also present, in a non-exhaustive way, the main trends that have characterised the banking sectors of these countries in the last decade: diversification, vertical product differential and consolidation underlying their impact on the sectors architecture.</p>

The EU’s Stealthy Hegemony and Ambiguous Neighbors

2021 ◽  
Vol 120 (824) ◽  
pp. 112-117
Author(s):  
Alexander Clarkson
Keyword(s):  
European Union ◽  
Northern Ireland ◽  
European Integration ◽  
The State ◽  
Political Control ◽  
The Political ◽  
The European Union ◽  
The Impact ◽  
The Eu

European integration based on a supranational form of pooled sovereignty has taken on increasingly state-like qualities. With every move toward absorbing additional members, the European Union system has expanded its geographic reach. The state-like power of the EU is apparent in the impact its integration processes have had in societies just outside its borders. Its growing influence is most notable in misfit border territories, from Kaliningrad to Transnistria, and from Cyprus to Northern Ireland, that are tenuously under the political control of neighboring geopolitical powers.

scholarly journals Les Conditions D’Approfondissement de L’Union Européenne

Federalism-E ◽  
1969 ◽  
Vol 5 (1) ◽  
pp. 40-44
Author(s):  
Jonathan Gagnon
Keyword(s):  
European Union ◽  
European Integration ◽  
European Community ◽  
Political Integration ◽  
Economic Factors ◽  
The European Union ◽  
Integration Process ◽  
Political Factors ◽  
Main Assumption ◽  
The Creation

Since the creation of the first European Community in 1951, countries of Europe have somewhat integrated somewhat their political and economic realms into one supranational entity. It has been observed by some that throughout the integration process, economic factors, rather than political factors, have dominated the integration of Europe. This main assumption is challenged by the author in this article. However, if the alleged predominance of the economy in European integration is proven, further questions regarding the conditions for a authentic political integration of the European Union, more than 50 years after its creation, will be assessed.[...]

scholarly journals The EU Integration Process and its Role in the Albanian Sociopolitical Transformation

2020 ◽  
Vol 4 (1) ◽  
pp. 41-50
Author(s):  
Juliana Gjinko
Keyword(s):  
European Union ◽  
Intermediate Phase ◽  
Communist Country ◽  
The European Union ◽  
Integration Process ◽  
Full Membership ◽  
The Road ◽  
Eu Integration ◽  
The Impact ◽  
The Eu

Nearly thirty years after the fall of communism in Albania, European integration has been the main driving force for change and the real catalyst for reform. Today, a vast majority of Albanians continue to be convinced that the only way to develop, modernize and guarantee security is a full integration into the European family. The problem is not simply the duration of such an intermediate phase between obtaining candidate status and a full membership of the European Union. In fact, Albanians themselves are increasingly aware that the road to full membership of the European Union will be long, and that it will require a series of major and profound changes in the country, especially in the areas of the rule of law and functioning of institutions, along with implementing various standards that a society must meet in order to achieve this goal. The aim of this paper is to analyze Albanian use and abuse of the EU integration process in internal political discourse, reforms and transformation. A number of documents, publications and public speeches are examined in order to evaluate the impact of integration in this small, developing, post-communist country.

scholarly journals The Role of the Public Broadcaster in Informing Montenegrin Citizens about European Integration with Special Emphasis on Chapter 27

2020 ◽  
Vol 24 (2) ◽  
pp. 147-159
Author(s):  
Nataša Ružić
Keyword(s):  
European Union ◽  
Public Opinion ◽  
European Integration ◽  
The European Union ◽  
The Public ◽  
Special Obligation ◽  
The People ◽  
Public Broadcaster ◽  
The Media ◽  
The Impact

As a media outlet established, funded and controlled by the public, the public broadcaster has a special obligation in regard to informing the people about topics of public interest in accordance with professional reporting standards. European integration represents one of these topics. bearing in mind the fact that Montenegro started its journey towards the European Union in 2008. So far, 32 chapters have been opened, excluding Chapter 8 which is related to competition. In recent years, public opinion polls have shown a decline in the number of Montenegrin citizens who support Montenegro’s accession to the EU. This result can be explained by the impact of Brexit and the pessimistic estimates of experts that the European Union is going to fall apart in the near future. It is clear that the media – above all the public broadcaster – plays an important role in the process of informing the public on the accession process and shaping public opinion. Therefore, this work shall be dedicated to an analysis of the public broadcaster’s reporting on Chapter 27 which is related to the environment and climate change. This chapter was chosen precisely because Montenegro defi nes itself as an ecological state.

scholarly journals Assessing the impact of structural indicators for the European Union banking system on economic evolution: an empirical investigation in EU

2016 ◽  
Vol 11 (2) ◽  
pp. 61-69 ◽  
Author(s):  
Syed Ahsan Jamil ◽  
Faris Nasif Al Shubiri
Keyword(s):  
European Union ◽  
Banking System ◽  
Convergence Criterion ◽  
Economic Evolution ◽  
The European Union ◽  
Bond Yields ◽  
Market Prices ◽  
Inflation Rates ◽  
Structural Indicators ◽  
The Impact

This study aims to investigate the impact of structural indicators for the European Union banking system on economic evolution. The methodological framework is the analysis of three variables of economic evolution. The econometric equation is built by regression test using annual data for the period 2008 to 2014. The indicators of the European banking system consist of fifteen independent variables and their impact on three economic variables consisting of GDP at current market prices, EMU convergence criterion bond yields (Maastricht criterion) and HICP annual average inflation rates are investigated on the growth in EU (dependent variable). The regression results show that there is statistical significant impact at different level 1%, 5% and 10% of all independent variables on EMU convergence criterion bond yields (Maastricht criterion), and in thirteen variables on GDP at current market prices except total assets of domestic banking groups and branches of credit institutions from rest of the world variables. Finally, only three variables total assets of domestic banking groups, branches of credit institutions from rest of the world and assets of pension funds have significant impact on HICP annual average inflation rates. The researchers recommend the need to build the financial stability in the banking system of the European Union with the continuity of modifying commercial legislation based on environmental changes and raise transparency to increase and diversify investments in the financial markets to reduce risk, and, thus, this will lead to increase in the level of social responsibility toward socialist economic

Does Country Risk Affect Banking Efficiency: Empirical Evidence from Turkey and Selected Countries from the European Union

2020 ◽  
pp. 097215092093397
Author(s):  
Anwar Al-Gasaymeh ◽  
Miral R. Samarah
Keyword(s):  
European Union ◽  
Banking Sector ◽  
Stochastic Frontier Analysis ◽  
Generalized Method Of Moments ◽  
Country Risk ◽  
The European Union ◽  
Banking Efficiency ◽  
Frontier Analysis ◽  
The Impact ◽  
The Eu

This study explores the readiness of the Turkish banking sector for its accession to the European Union (EU). Obviously, the job is not finished yet, with the challenges of introducing country risk variables and their impact on banking efficiency. Although efficiency analysis remains an important issue in economic studies to answer whether the Turkish banking sector is ready for the accession to the EU. Therefore, this study aims to investigate the impact of country risk levels on banking efficiency in Turkey and the EU in recent years, using stochastic frontier analysis for a parametric technique for the period 2010–2018. In the second stage, efficiency measures are used to investigate the effect of country risk and macroeconomic variables, applying the generalized method of moments. The results suggest that the banking sector operating in a country with low risk tends to perform more efficiently.

scholarly journals Did Decentralisation Affect Citizens’ Perception of the European Union? The Impact during the Height of Decentralisation in Europe

Economies ◽  
2020 ◽  
Vol 8 (2) ◽  
pp. 38 ◽  
Author(s):  
Vassilis Tselios ◽  
Andrés Rodríguez-Pose
Keyword(s):  
European Union ◽  
European Integration ◽  
Economic Benefits ◽  
Two Dimensions ◽  
The European Union ◽  
Economic Costs ◽  
Fiscal Decentralisation ◽  
Logistic Regressions ◽  
The Impact ◽  
Different Levels

The aim of this paper is to assess the extent to which different levels of decentralisation across regions of the European Union (EU) affected citizens’ perceptions about European integration over the period 1973–2002. The paper uses Eurobarometer Surveys to explore by means of multinomial logistic regressions whether decentralisation was an important factor behind the varying perceptions about Europe. Two dimensions of decentralization—political and fiscal—are considered in the analysis, alongside several compositional and contextual effects. The results of the analysis show that fiscal decentralisation was fundamental for citizens’ support for European integration, while there is limited evidence that political decentralisation played a similar role. Hence, while fiscal decentralisation may have given prominence to the economic benefits of European integration, political decentralisation was more associated with its economic costs. Taking into account that history matters, this paper raises potentially interesting insights for the design of policies aimed at promoting social cohesion.

Comment on ‘The European Union building from Public Choice to Ordo, Röpke’s and Einaudi’s ideas of Europe’ by Francesco Forte

2020 ◽  
Vol 35 (1) ◽  
pp. 29-36
Author(s):  
Domenico D’Amico ◽  
Carla Scaglioni
Keyword(s):  
European Union ◽  
European Integration ◽  
Relevant Literature ◽  
Economic Governance ◽  
The European Union ◽  
Integration Process ◽  
Basic Principles ◽  
European Economic ◽  
Original Insight ◽  
Second World

In his very elaborate analysis, Forte takes on several issues regarding the European integration process, offering an original insight into the foundations of European economic governance. In particular, the author looks to expand current results in the relevant literature in several directions. On the theoretical front, Forte departs from James Buchanan’s economic theory of clubs to provide a club-theoretic template to both the European Union and European Monetary Union. He arrives at the belief of ‘the incompleteness of the European institutional construct and the misunderstandings about its basic principles’. His argument relies on the similarities that he recognises between Buchanan’s view of European federalism and the German ordoliberalism roots of the European integration process, which can be traced from the founding of the European Community onward. On the empirical front, Forte identifies a potential polarisation among countries within the euro area during the crisis that occurred over the last ten years. According to him, this dualism within the euro club is due to a ‘violation’ of the ideals and the operational suggestions proposed by Buchanan, Ordo, Röpke and Einaudi. In this comment, we briefly describe what became for most member states of the European Union the worst economic and social crisis since the Second World War that led to a new architecture of European economic governance. Subsequently, we highlight significant results presented by Forte and elaborate how these results fit into the existing literature.

5. The United Kingdom: Towards Isolation and a Parting of the Ways?

2012 ◽  
Author(s):  
David Allen
Keyword(s):  
European Integration ◽  
The Political ◽  
British Politics ◽  
The European Union ◽  
Integration Process ◽  
Ruling Elite ◽  
The United Kingdom ◽  
History Of ◽  
The Impact ◽  
European Diplomacy

This chapter examines the history of the United Kingdom’s relationship with the European integration process. Britain’s relations with the European Union is characterized by partial Europeanization. The British ruling elite, especially the civil service, has been Europeanized. However, the political parties have been beset by internal divisions on European integration, while the British public has not been supportive of integration. The chapter first provides an overview of the UK’s European diplomacy before discussing the impact of Europeanization on British politics. It then considers the differing levels of accommodation with European integration and the changes that have accompanied the coming to power in 2010 of the Conservative–Liberal Democrat coalition after a lengthy period of Labour rule (1997–2010). The chapter concludes by comparing the UK’s experience with those of fellow member states Ireland and Denmark.

Complexity and Cultural Sources of Law in the EU Context: From the Multilevel Constitutionalism to the Constitutional Synallagma

2007 ◽  
Vol 8 (3) ◽  
pp. 205-229 ◽  
Author(s):  
Giuseppe Martinico
Keyword(s):  
European Union ◽  
Complex Systems ◽  
European Integration ◽  
Multidisciplinary Approach ◽  
Natural Sciences ◽  
Legal Order ◽  
The European Union ◽  
Integration Process ◽  
Complex Entity ◽  
The Eu

In this work I will try to analyse the latest trends of the European integration process in light of the notion of complexity, conceived as a bilaterally active relationship between diversities.This notion of complexity comes from a comparison among the different meanings of this word as used in several disciplines (law, physics, mathematics, psychology, philosophy) and recovers the etymological sense of this concept (complexity from Latin complexus= interlaced). The effort to find a common linguistic core could cause ambiguity but I would like to take the risk because only a multidisciplinary approach can “catch” the hidden dimension of the European process I argue that the European Union legal order is a “complex” entity that shares some features with complex systems in natural sciences: non-reducibility, unpredictability, non-reversibility and non-determinability.

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