Suchergebnisse

The theory of monetary union is analyzed in relation to a small, open economy closely linked to a larger, more stable one. In particular, from the perspective of Mexico, & in case it should decide to create a monetary union with the United States. This analysis is carried out in terms of economic & political feasibility, following the example of the European common currency (Euro), within the NAFTA framework. Additionally, the Canadian position on the subject is also discussed. Adapted from the source document.

The EU rests on treaties that have facilitated the federalization of relations between member states by creating a legal order & community law above national laws, & by developing qualified majority decision making procedures & common policies that imply limits, a community citizenry, a common currency, & an independent central bank. Within the framework of the first pillar -- economic & monetary union -- this federalization has favored strong community integration to the detriment of national or federated sovereignties. However, for the second pillar -- foreign policy & common defense -- & the third -- domestic justice & policy -- integration is insufficient & national differences are very important. The EU is at a crossroads between integration & differentiation, & it must look for new forms of legitimacy, political integration, & federalism before it admits new members. Adapted from the source document.

Unión Económica y Monetaria (UEM). Examines the problems of excessive deflation and of sudden fluctuations in monetary supply and demand in the European Economic and Monetary Union, with special reference to the fiscal situation of Italy. Summary in English p. 213.

Union Económica y Monetaria (UEM). Examines the economic and political efforts needed in order for Spain to adopt the single currency and for true economic integration, involving convergence of income levels per capita in the European Union, to occur. Summary in English p. 213.

Examines the budgetary mismanagement that has resulted in growth of the deficit and public debt in Spain and the barriers which this presents to Spain's participation in the proposed European Monetary Union. Summary in English p. 232.

All the theoretical & empirical studies on the determinants & consequences of foreign direct investment share the conclusion that the regional integration processes generate a positive effect on foreign direct investment inflows & outflows. In this sense, the more advanced the integration process & the more complementary the integrated countries, the higher the benefits generated by the increase in the direct investment & the higher the number of nations benefited by these flows. The current paper focuses on the consequences of the European monetary integration on the FEM inflows & outflows. Despite the few years since the implementation of the monetary union, three years since 1999, data confirm the former hypothesis, explaining the growth in the European Monetary Union in the world shares of FDI flows. 8 Tables, 4 Graphs. Adapted from the source document.

Partido Popular (PP). Analyzes results of the conservative government's economic policy, including solid growth, low inflation, and a reduced budget deficit, which will make it possible to adopt the single currency; Spain. Summary in English p. 219.

Este artículo analiza el papel del Tribunal de Justicia de la Unión
Europea (TJUE) respecto a la tutela de los derechos fundamentales en el ámbito
de la Unión Económica y Monetaria (UEM). En particular, se examina la desigual y
todavía escasa jurisprudencia generada en relación con la protección y observancia
de la Carta de los Derechos Fundamentales de la UE (CDFUE) en los respectivos
marcos del Mecanismo Europeo de Estabilidad (MEDE), de los procedimientos
comunitarios por déficits públicos excesivos de los Estados miembros, de las
Agencias Europeas de gobernanza de los servicios financieros, de la actuación
del Banco Central Europeo (BCE) en el Mecanismo Único de Supervisión (MUS),
así como los aspectos teóricos de ese control, aún no efectivamente ejercido, en
el contexto de la política monetaria y en el del Mecanismo Único de Resolución
(MUR).
Europako Ekonomia eta Diru Batasunean oinarrizko eskubideak
zaintzen Europar Batasuneko Justizia Auzitegiak zer lan egiten duen aztertuko
dugu artikulu honetan. Zehazki, aztertuko dugu zertan diren hauek guztiak: Europar
Batasuneko Oinarrizko Eskubideen Gutuna betearazteko eta babesteko sortu
den jurisprudentzia (oraindik parekatu gabea eta eskasa), Egonkortasunerako Mekanismo
Europarraren esparru bakoitzean; estatu kideen gehiegizko defizit publikoek
eragindako prozedura komunitarioak; finantza-zerbitzuak gobernatzeko Agentzia
Europarrak; Europako Banku Zentralaren jarduna, Gainbegiratzeko Mekanismo
Bakarrean, bai eta kontrol horren aspektu teorikoak ere, kontrola oraindik guztiz
gauzatu ez bada ere, moneta-politikaren eta Ebazpenetarako Mekanismo Bakarraren
testuinguruan.
This article analyzes the role of the Court of Justice in the
protection of fundamental rights in the field of economic and monetary union.
It surveys the still scarce and unequal case law relating to the fulfilment of and
the respect to the EU¿s Charter of Fundamental Rights. In particular, it is surveyed
herein the case law recently generated in relation to the Memorandum of
Understanding in the framework of the European Stability Mechanism (ESM), the
communautarian procedures of excessive déficits and of economic imbalances,
the acts of the European Central Bank in the Single Supervision Mechanism
(SSM), as well as the theoretical aspects of such control, not actually performed
as yet, within the domains of the monetary policy and the Single Resolution
Mechanism (SRM).

Analyzes the EU's social welfare policy at the end of the 20th century from three different perspectives. First, the EU's social policies are considered in the context of globalization & monetary union, political & democratic deficits, & the persisting heterogeneity of national welfare regimes. Next, the historical guidelines of social policy -- from the Treaty of Rome to the present are examined, paying special attention to the stages following the Treaty of Maastricht. Finally, he presents the structure of Europe's social agenda & discusses its most important spheres of action. 8 Tables, 4 Figures, 30 References. Adapted from the source document.

The global financial crisis & the debt crisis of its members in the southern euro zone have clearly shown that the European Union's supranational institutions are neither sufficiently strong nor sufficiently flexible to act forcibly in the face of an emergency. The failures in the supranational system of governance are largely due to the strategy of the "fait accompli." An example of this strategy was the decision to go ahead with the monetary unit before having an agreement on political unity. The EU does not have an instrument to curb pre- & post-contractual opportunism, which has taken Greece, for instance, to the edge of bankruptcy. It is difficult to predict the economic & political consequences of this fiasco in supranational governance. Adapted from the source document.