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Introduction PART I: LABOUR MARKETS Welfare to Work Labour Market Reform in Europe Pay-Setting Systems in Europe Outsourcing Longer Working Hours PART II: MACROECONOMIC ISSUES Fiscal Policy and Macroeconomic Stabilization in the Euro Area The Road to the Euro Convergence and Divergence in Economic Growth in the EU Global Imbalances PART III: INSTITUTIONS Rethinking Subsidiarity in the EU Financial Architecture Pensions and Children Education Systems in the EU Competition Policy

While the European Union has been hailed as a major political success in the last five decades, it continues to face numerous economic and social concerns. With enlargements and changing international environments the Union is confronted with new challenges. Problems have arisen from new global economic developments, such as outsourcing of productive activities and the international macroeconomic imbalances. These issues include unemployment problems, slow growth performance of many EU countries, the formulation of appropriate macroeconomic policies, policies towards enlargement of the Union to institutional design and structural policies for the EU. The fourteen articles in this book are divided into three parts. The first part is devoted to labour market issues covering reforms from welfare systems to pay-setting and longer working hours. The second part considers European macroeconomic issues including the fiscal policy framework for the EU, growth performance of EU-15 economies and global imbalances and their effects on Europe. The third part of the book is focused at institutional issues, including the subsidiary principle, European education systems, coming problems in European pension systems, and the functioning of the financial system and competition policy in Europe. Written jointly by a group of well-known independent economic experts, this book offers an in-depth economic analysis that aims to discuss and suggest effective solutions to current concerns in European policy.

The EMCA is designed to provide a source of inspiration for company law for European Member States and beyond Available at : https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2929348

Following the rationale for regional redistribution programs described in the official documents of the European Union, this paper studies a very simple multi-country model built around two regions: a core and a periphery. Technological spill-overs link firms' productivity in each of the two region, and each country's territory falls partly in the core and partly in the periphery, but the exact shares vary across countries. We find that, in line with the EU view, the efficient regional allocation requires both national and international transfers. If migration is fully free across all borders, then optimal redistribution policy results from countries' uncoordinated policies, obviating the need for a central agency. But if countries have the option of setting even imperfect border barriers, then efficiency is likely to require coordination on both barriers and international transfers (both of which will be set optimally at positive levels). The need for coordination increases as the Union increases in size.

This article takes as its starting point a central issue for the urban social sciences: comparison. Local government is a theme where much is singular, contingent and idiosyncratic, and international comparison reinforces this tendency towards diversity. Therefore, the capacity to generalize becomes a real issue. The central argument of this article is that, beyond any first‐level complexity, the organization of the urban services sector in European countries basically follows three major 'models'. These simplified forms represent ways of combining public policy principles with a market economy. As such, they may be read as specific versions of urban capitalism. All three 'models' are European in origin, and nowadays find themselves in competition. In order to establish the features of these models — simplified forms of more complex phenomena — it is necessary to introduce a historical reading of overall choices of institutional and policy architecture. It is necessary to trace the importance of firms and to study the momentum of crisis and tension, as these give an internal view of phenomena that are generally regarded as natural.Ce texte part d'un problème central pour les sciences sociales urbaines, celui de la comparaison. L'objet urbain pousse à la singularité; les comparaisons internationales renforcent cette tendance; se pose donc un vrai problème de généralisation. La thèse soutenue est qu'au‐delà de toute complexité de premier rang, constatée dans l'organisation de chaque service urbain dans les pays européens, ceux‐ci au fond ressortent de trois grands modèles. Ces formes simplifiées, ou modèles, représentent autant de manières de combiner des principes d'action publique à une économie de marché; on peut les lire comme autant de versions du capitalisme urbain. En étant tous les trois représentés en Europe ces 'modèles' se trouvent aujourd'hui en compétition. Pour parvenir à dégager ces propriétés modéliques, formes simplifiées de phénomènes plus complexes, il convient d'introduire une lecture historique des grands choix en matières d'architectures institutionnelles et politiques. Il faut accorder de l'importance aux firmes et suivre les moments de mise en tension; ils permettent de saisir ce qui semble naturel dans le fonctionnement ordinaire.

The termination of communist systems of political rule in Eastern Europe between 1989-91 gave rise to the widespread belief in anti-Castro circles that such endings and new beginnings were feasible in Cuba. This `model' based on `scenario building' has turned out not to be the case in the course of the past several decades. The purpose of this paper is to explain why the East European models (because there are a variety of systems in that area) did not materialize in Cuba. The limits of analogy in international affairs are revealed in the unique as well as universal characteristics of communist types of regimes. Adapted from the source document.

The termination of communist systems of political rule in Eastern Europe between 1989-91 gave rise to the widespread belief in anti-Castro circles that such endings and new beginnings were feasible in Cuba. This `model' based on `scenario building' has turned out not to be the case in the course of the past several decades. The purpose of this paper is to explain why the East European models (because there are a variety of systems in that area) did not materialize in Cuba. The limits of analogy in international affairs are revealed in the unique as well as universal characteristics of communist types of regimes.

In recent years, European political leaders from Angela Merkel to David Cameron have discarded the term multiculturalism and now express scepticism, critique and even hostility towards multicultural ways of organising their societies. Yet they are unprepared to reverse the diversity existing in their states. These contradictory choices have different political consequences in the 11 European countries examined in this book: Belgium, Britain, Denmark, France, Germany, Italy, the Netherlands, Poland, Russia, Sweden and Turkey. The future of European liberalism is being played out as multicultural notions of belonging, inclusion, tolerance and the national home are brought into question.

Tackles the challenge of dismantling the multicultural model without destroying diversity in European society* Have Europeans become hostile to multiculturalism? * When people vote for anti-immigration parties, do they also support their anti-multiculturalism policies? * And are right-wing extremists becoming the storm troopers of the struggle against diversity? In recent years, European political leaders from Angela Merkel to David Cameron have discarded the term 'multiculturalism' and now express scepticism, criticism and even hostility towards multicultural ways of organising their societies. Yet they are unprepared to reverse the diversity existing in their states. These contradictory choices have different political consequences in the countries examined in this book. The future of European liberalism is being played out as multicultural notions of belonging, inclusion, tolerance and the national home are brought into question.

In recent years, European political leaders from Angela Merkel to David Cameron have discarded the term multiculturalism and now express scepticism, critique and even hostility towards multicultural ways of organising their societies. Yet they are unprepared to reverse the diversity existing in their states. These contradictory choices have different political consequences in the 11 European countries examined in this book: Belgium, Britain, Denmark, France, Germany, Italy, the Netherlands, Poland, Russia, Sweden and Turkey. The future of European liberalism is being played out as multicultural notions of belonging, inclusion, tolerance and the national home are brought into question.