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This book provides an innovative account of how the globalization of production and the emergence of global value chains impacts on trade preferences, lobby strategies and the political influence of EU firms. It sheds new light on the complex EU-China trade relations

This paper employs cointegration analysis, vector error correction and vector autoregressive modeling along with Granger causality tests to examine the effect of exchange rates on the stock market indexes for a group of European Union countries using daily data from 1999-2009. The results suggest that the transmitting mechanism for the influence of the exchange rate in the stock market is foreign investment. Evidence also highlights that there is no clear causality from stock market to exchange rates, or vice versa, for the direction of the causation, suggesting that exchange rates and stock markets operate as an integrated system continuously influencing each other.

Cooperation for innovation is understood as an essential element in the innovation process of European firms. The aim is to compare how the different sources of information (external and internal) and cooperation for innovation are used in manufacturing and services in Europe using Community Innovation Survey (CIS) data for 15 European countries. The empirical study uses a sample of firms included in the CIS (2008), which covers 15 European countries and applies multivarious data analysis techniques to extract results. The results of this research suggest that firms use simultaneously different sources of information for cooperation, revealing different patterns of cooperation according to the activity sector in Europe. This paper brings some important insights about cooperation for innovation and suggests some patterns in Europe useful to design public policies, due de similar behavior of some countries grouped according with geography, development status or other economic features. Thus, this article seeks to frame the subject based on a literature review that raises a set of study hypotheses and presents an empirical study applied to cooperation for innovation in Europe using the CIS for 15 European countries. ; info:eu-repo/semantics/publishedVersion

"What does the EU really do for citizens? The European Social Fund (ESF) is one answer to the question, investing in some 10 million people every year throughout the 27 Member States. This book tells the stories of 54 individuals – two per Member State – who have taken up the opportunities offered by ESF-funded initiatives. The interviews focus on women and men, on every age group from teenagers to pensioners, in urban and rural communities, in every country of the EU."--

Designed for both practitioners and academics, this work seeks to inform the reader about the practice of competency management services in the public sector. It throws light on the origins and meanings of the concept and traces the competency movement from the 1980s in the UK and USA.

Pre-Accession Transition Countries (PATCs) aim at early admittance to the monetary club. Their fiscal indicators – deficit and debt - do not show any serious symptoms. Closer scrutiny reveals, however, that the interest burden of their public debt might be underestimated, and that restructuring and unavoidable fiscal transparency may increase their debt significantly. All in all about 1 per cent primary surplus might be sufficient to remain on the safe side of their debt in the medium run. According to the estimated model the fiscal adjustment is driven by the external imbalance, the monetary conditions are determined by the fiscal stress and their growth is affected by fiscal and monetary stimuli. ; Die fiskalpolitischen Grundlagen für die Konvergenz der Transformationsländer hin zur Europäischen Union. Die Transformationsländer wollen möglichst schnell dem monetären Club beitreten. Ihre fiskalischen Indikatoren ? Defizite und Verschuldung ? weisen nicht auf ernsthafte Symptome für Probleme hin. Eine nähere Betrachtung zeigt jedoch, dass die Zinslast ihrer öffentlichen Verschuldung möglicherweise unterschätzt wird und dass eine Restruktierung im Zusammenhang mit einer unvermeidlichen fiskalischen Transparenz die Verschuldung beträchtlich ausweiten wird. Insgesamt wird ein Primärüberschuss von etwa 1 Prozent ausreichend sein, um in der mittleren Frist bei der Verschuldung auf der sicheren Seite zu sein. Nach dem geschätzten Modell wird die fiskalpolitische Anpassung durch das aussenwirtschaftliche Ungleichgewicht bestimmt, die monetären Bedingungen werden durch den fiskalischen Druck determiniert und das Wachstum wird durch fiskalische und monetäre Impulse beinflusst.