Regional Convergence in the European Union: Facts, Prospects and Policies

✍ Scribed by Juan R. Cuadrado-Roura, Marti Parellada (auth.), Prof. Juan R. Cuadrado-Roura, Prof. Martí Parellada (eds.)

• Publisher: Springer-Verlag Berlin Heidelberg
• Year: 2002
• Tongue: English
• Leaves: 365
• Series: Advances in Spatial Science
• Edition: 1
• Category: Library

✦ Synopsis

The introduction of the single currency in the European economic space constitutes without doubt the most visible step towards monetary and economic integration in the EU. Those who boosted the birth of the Common Market in 1957 dreamt that this would one day come about as a logical consequence of the integration process. However, things have gone much more slowly than possibly imagined, although if taken in an adequate historic perspective, it is undeniable that the agreements that have led to European Monetary Union signify a really formidable jump in the process of political and economic integration in Europe. This is something many doubted would ever happen, but which is already a reality, although still in need of a period of consolidation. The most general economic consequences of the EMU have already been analysed in considerable depth. Proof of this is the literature already available. In general, there is coincidence in affirming that the balance of the results expected is clearly positive. Firstly, as a result of the anticipated gains in efficiency, a consequence of reduction of transaction costs associated to the previous existence of different currencies and of the elimination of exchange rate uncertainties.

✦ Table of Contents

Front Matter....Pages i-viii
Regional Disparities and Regional Convergence Problems in the EMU: Introduction....Pages 1-20
Front Matter....Pages 21-21
Regional Dynamics in the European Union: Winners and Losers....Pages 23-52
Regional Specialisation and Concentration in the EU....Pages 53-76
EMU and the Industrial Specialisation of European Regions....Pages 77-94
Regional Asymmetric Reactions to Shocks in EMU: an Assessment of Different Approaches....Pages 95-120
The Territorial Redistributive Power of the EU Budget: Empirical Evidence at National and Regional Level....Pages 121-145
Regional Cohesion in an Enlarged European Union: an Analysis of Interregional Specialization and Integration....Pages 147-163
Real Competitive Advantages in the Single Currency Europe....Pages 165-181
Front Matter....Pages 183-183
National and Spatial Factors in EU Regional Convergence....Pages 185-209
The Spatial Economic Impact of Euroland and the Implications for Policy....Pages 211-229
European Union Regional Policy: Reconciling the Convergence and Evaluation Evidence....Pages 231-272
Technological Diffusion, Spatial Spillovers and Regional Convergence in Europe....Pages 273-292
Will the New EU Regional Policy Meet the Challenges of Enlargement?....Pages 293-317
The EMU and the Regional Policy Agenda: a General Exploration....Pages 319-337
EMU and Regional Labor Market Disparities in Euroland....Pages 339-352
Back Matter....Pages 353-368

✦ Subjects

European Integration; Macroeconomics/Monetary Economics; Regional/Spatial Science