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The Economic Potential of a Larger Europe

Edited by Klaus Liebscher, Governor, Oesterreichische Nationalbank, Josef Christl, Managing Director, Macro-Consult e. U., Peter Mooslechner, Member, Governing Board and Doris Ritzberger-Grünwald, Director, Oesterreichische Nationalbank, Austria
The Economic Potential of a Larger Europe gives insights into past, present and future issues related to the ongoing EU enlargement process.

Providing a unique forum for debate and a multiplicity of views and experiences from both high-profile academics and those who engage with enlargement on an implementation level, this book covers a wide range of topics that are key to a successful transition and integration process and thus to the provision of a prosperous growth environment within a larger Europe. Special attention is paid to monetary integration, notably entry into ERM II, on which representatives of the national central banks involved present their views.
Published in Association with Oesterreichische Nationalbank, Austria
Extent: 352 pp
Hardback Price: $160.00 Web: $144.00
Publication Date: 2005
ISBN: 978 1 84376 962 0
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  • Economics and Finance
  • Development Economics
  • Regional Economics
The Economic Potential of a Larger Europe gives insights into past, present and future issues related to the ongoing EU enlargement process.

Providing a unique forum for debate and a multiplicity of views and experiences from both high-profile academics and those who engage with enlargement on an implementation level, this book covers a wide range of topics that are key to a successful transition and integration process and thus to the provision of a prosperous growth environment within a larger Europe. Special attention is paid to monetary integration, notably entry into ERM II, on which representatives of the national central banks involved present their views.

Given the non-technical language of most contributions, this publication targets a broad audience generally interested in the future of the EU, in the design of the enlargement process, and in the challenges of reform on the road to a stronger Europe.

This is a book that can be recommended for economists as well as experts in the fields of European integration, Central and Eastern Europe, and EU enlargement from governments, international organizations, central, commercial and investment banks, and universities and research institutes.
‘This book is a valuable and comprehensive account of the broad range of economic issues that the widening and deepening European Union is confronted with at the current stage and in the next years to come. It is a most useful and timely reference for a broad readership.’
– Tommaso Padoa-Schioppa, European Central Bank
Contributors: S. Barisitz, M.C. Bonello, F. Breuss, J. Christl, F. Coricelli, A. Czyzewski, O. Dedek, M. Djablik, B. Eichengreen, G. Falkner, J. Fidrmuc, M. Gaspari, H. Köhler, E. Kohútiková, F.A. Léautier, J. Lemierre, K. Liebscher, P. Mooslechner, G. Moser, S.M. Nsouli, L. Onorante, W. Pointner, V.T. Pyatnytskiy, K.A.A. Rana, D. Ritzberger-Grünwald, M. Ross, A. Sautins, J. Scharler, K. Sherif, V. Sosic, G. Szapáry, G. Thoma, R. Torres, J. Tosovsky, G. Tumpel-Gugerell, J. Verhaeven, B. Vujcic, Z. Walko, C. Wyplosz, R.V. Zabuliene, A. Zemplinerová
Contents: Preface Executive Summary EU Enlargement in 2004 – A Time to Revisit Transition Challenges Part I: Reconciling Policies for Europe Part II: Key Issues for Capacity Building Part III: Human Capital and Capacity Building – Experiences and Lessons for the Future Part IV: The Role of FDI and Trade Integration in the Catching-up Process Part V: The Road to Monetary Union Part VI: Corporate Governance, Financial Markets and the Optimal Role of the State Part VII: Stabilization of Expectations – Macroeconomic and Structural Policies in an Enlarged Euro Area Part VIII: Economic and Monetary Union – A Leading Indicator for Political Union? Index