Template-type: ReDIF-Article 1.0
Author-Name: Massimo Florio
Title: Un consensus europeo sull'Agenda per la crescita? Discussione del Rapporto Sapir
Abstract: Un consensus europeo sull'Agenda per la crescita? Discussione del Rapporto Sapir (di Massimo Florio) - ABSTRACT: This paper offers a discussion of An Agenda for a growing Europe. Making the EU
System Deliver, a report to the President of the European Commission prepared by a group of independent experts. The paper reflects the results of the III Milan European Economy Workshop (May 28-29, 2004), and my personal views. The workshop was organised by the Department of Economics, University of Milan and the Jean Monnet Chair of Economics of European Integration, with the participation of more than
twenty distinguished speakers from several institutions across the EU. The paper is structured in the following sections: Europe vs. America; Budget and fiscal policy coordination; Infrastructure, R&D and human capital; Regulation and competition; Enlargement and beyond; Regional policy, and Concluding remarks.
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Volume: 2005/4
Year: 2005
Issue:4
File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=24631&Tipo=Articolo PDF
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Handle: RePEc:fan:epepep:v:html10.3280/Ep2005-004001
Number: 1
Template-type: ReDIF-Article 1.0
Author-Name: Silvano Presa
Title: Il quadro finanziario pluriennale dell'Unione e la costruzione del processo di integrazione europea
Abstract: Il quadro finanziario pluriennale dell'Unione e la costruzione del processo di integrazione europea (di Silvano Presa) - ABSTRACT: This paper assesses how the eu budget is going to be shaped over the next decade in view of meeting the challenge of growth. Firstly, the paper briefly recalls the main features of the European Union?s public finances. Secondly, it highlights the main European Commission?s proposals for ?Building our Common future? and how that translates into the budgetary architecture for the period 2007-2013, focusing on the expenditure side of the EU budget. It finally provides some reasons why those proposals not only do not coincide with the recommendations made by the group of distinguished
economists who produced the Sapir report, but may even risk further departing from them at the end of the decision-making process.
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Year: 2005
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Handle: RePEc:fan:epepep:v:html10.3280/Ep2005-004002
Number: 2
Template-type: ReDIF-Article 1.0
Author-Name: Alessandro Missale
Title: Per una riforma del patto di stabilit? e crescita
Abstract: Per una riforma del patto di stabilit? e crescita (di Alessandro Missale) - ABSTRACT: Ensuring macroeconomic stability is no longer a priority of European integration as it was ten years ago. Indeed, lower inflation and fiscal consolidation across Europe have been major achievements of the process of European Monetary Unification. The creation of an independent European Central Bank and a set of rules for fiscal discipline, has led to lower budget deficits and lower interest rates possibly conducive to higher growth. The consensus view is that priority should now be given to structural reforms directed at the supply side of the economy. However, the attention of the Sapir?s Report on improving EMU?s macroeconomic policy framework motivates a deeper investigation of the relationship between stability and growth. It is commonly agreed that fiscal stability is a precondition for growth, but the way stability is achieved matters. If stability is achieved inefficiently at the cost of introducing distortions, then a trade-off between stability and growth may emerge. This paper investigates this tradeoff and proposes a reform of the Stability and Growth Pact that deals effectively with the problems emerged in the first years of EMU.
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Handle: RePEc:fan:epepep:v:html10.3280/Ep2005-004003
Number: 3
Template-type: ReDIF-Article 1.0
Author-Name: Michele Salvati
Title: Agenda per un'Europa in crescita: in commento
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Year: 2005
Issue:4
File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=24634&Tipo=Articolo PDF
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Handle: RePEc:fan:epepep:v:html10.3280/Ep2005-004004
Number: 4
Template-type: ReDIF-Article 1.0
Author-Name: Alberto Bucci
Title: La crescita economica in un'Europa allargata: il ruolo di capitale umano e R&S
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File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=24635&Tipo=Articolo PDF
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Handle: RePEc:fan:epepep:v:html10.3280/Ep2005-004005
Number: 5
Template-type: ReDIF-Article 1.0
Author-Name: Robert Picciotto
Title: Verso nuove politiche per la crescita europea: le infrastrutture
Abstract: Verso nuove politiche per la crescita europea: le infrastrutture (di Robert Picciotto) - ABSTRACT: European leaders aim to turn the enlarged Union into the most competitive and dynamic knowledge-based economy in the world. But without major increases in infrastructure investments, dynamic growth the missing ingredient of the European model will not materialize. Given extraordinarily tight fiscal prospects, policy reform
is imperative: (i) redeployment of resources from agricultural subsidies towards productive investment; (ii) selectivity and rigor in project screening; (iii) a larger role for the private sector and (iv) pricing policies designed to mobilize resources, manage demand and internalize environmental costs. Project funding should remain the instrument of choice for strategic infrastructure projects with regional integration features.
Implementation performance must improve and, at country level, EU funding should be targeted to the poorest countries of the Union. Where policies and institutions are weak, EU funding should be conditional and channelled through well-designed programs that emphasize sector wide policy reforms, regional development and community- based initiatives.
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File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=24636&Tipo=Articolo PDF
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Handle: RePEc:fan:epepep:v:html10.3280/Ep2005-004006
Number: 6
Template-type: ReDIF-Article 1.0
Author-Name: Werner Rothengatter
Title: L'importanza della rete di trasporti transeuropea per l'integrazione e la crescita dell'Unione europea allargata
Abstract: L'importanza della rete di trasporti transeuropea per l'integrazione e la crescita dell'Unione europea allargata (di Werner Rothengatter) - ABSTRACT: Fostering integration and economic growth is a premier goal of the transport policy of the European Commission. In the White Paper on Common Transport Policy from the year 2001 the Commission sets clear targets for removing transport bottlenecks and
managing the growth of transport in the extended Union. Therefore, the establishment of Transeuropean Networks (TEN) is one of the major instruments to achieve the goal. Following the issues of the Maastricht Treaty, the Commission and the EU Parliament have provided a first definition of TEN in 1996. In 2004 the van Miert High Level Group has redefined the TEN taking into account the extension to central Europe. The
evaluation of the economic impacts on a scientific base is a complex issue and has been further developed through several large research projects launched by the Commission. While the neo-classical methods result in an overall positive economic impact of the revised TEN concept, the evolutionary methods indicate that there might be a risk of over-investment. They suggest that the stimulating effects of TEN will be modest
in the highly industrialised countries of West Europe while there is a clear positive evaluation for the accession countries. The reason for this result is the restructuring of economic sectors in EU-15 towards services and high tech industries and the growing relative importance of communication and education compared with physical infrastructure. This leads to the conclusion that in the EU-15 countries a major challenge will be to use the existing infrastructures more efficiently and to adjust infrastructure
capacity planning to the shrinking population in the future.
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Handle: RePEc:fan:epepep:v:html10.3280/Ep2005-004007
Number: 7
Template-type: ReDIF-Article 1.0
Author-Name: Giorgio Dominese
Title: Transizione verso l'allargamento: ripensare il prossimo governo europeo. Un punto di vista italiano
Abstract: Transizione verso l'allargamento: ripensare il prossimo governo europeo. Un punto di vista italiano (di Giorgio Dominese) - ABSTRACT: Is populism compatible with a fair process of European integration? Emotive reactions, instrumental political statements, psychological aspects and the common understanding
of these attitudes seem to prevail over rationality, but often it is only a position, a kind of game looking to assign the responsibility for the costs or the initial negative impact to events taking place abroad, beyond the national borders. They often do not reflect a real threat to the international process going on. This fits well to some countries of the EU enlargement but, in the past, even to former EU-15 member countries,
Italy among them. Newcomers have more and more different economic and financial perspectives, when we look to their Exchange Rates, ULC and real competitiveness. From one side instable future for EU-25 and beyond the enlargement but with a positive cycle of opportunities from the other we have to assume a negative approach to the Euro quagmire: the common currency is not a value added for anybody in the EU-25 if not accompanied by real economic and financial convergence and stability. Looking to the Agenda 2007, a different strategy of budget and related spending comes out from the Commission preliminary proposal. Tariff barriers and non-tariff barriers: the last will become crucial in the medium-long term integration process. Price/quality performances in the new member countries still reveals a structural inadequacy to compete with imported goods because consolidated market attitudes of their consumers are already similar to the long lasting EU-15 supply quality standards both in the primary and the instrumental goods.
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Handle: RePEc:fan:epepep:v:html10.3280/Ep2005-004008
Number: 8
Template-type: ReDIF-Article 1.0
Author-Name: Maciej H Grabowski
Title: Integrazione fiscale nell'unione europea: sfide, risultati e prospettive
Abstract: Integrazione fiscale nell'unione europea: sfide, risultati e prospettive (di Maciej H Grabowski) - ABSTRACT: Tax competition and tax harmonization have become a hot issue after the latest accession
of ten countries to the European Union as on 1st of May, 2004. However it has been debated vigorously at the various international and national forums at least since the OECD report published in 1998. The European Union went through a few stages of tax harmonization and the major achievements were accomplished. But the problem of tax distortions and of harmful versus fair competition in taxation systems is coming back. There are many dimensions of this debate: economic, legal, constitutional, administrative,
and political. One may say that only comprehensive approach to this debate is appropriate. My objective is much more modest. The main objective is to provide analysis of the current progress on tax harmonization in the EU from the economic point of view, and to discuss the future prospects in this field.
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File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=24639&Tipo=Articolo PDF
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Handle: RePEc:fan:epepep:v:html10.3280/Ep2005-004009
Number: 9
Template-type: ReDIF-Article 1.0
Author-Name: Ladislav Kabat
Title: I nuovi Stati e le nuove regioni membri dell'UE: i fatti e le aspettative
Abstract: I nuovi Stati e le nuove regioni membri dell'UE: i fatti e le aspettative (di Ladislav Kabat) - ABSTRACT: Slovak integration into the EU brings much discussion concerning the readiness of the country for such a serious socio-political step, as well as its ability adapt to this environment. Political representatives view Slovakia?s readiness and its future in the enlarged European context subjectively and their optimism or pessimism is a result of their position in the political scene. This article presents basic characteristics of the
current extend of Slovak and other accession countries? social-economic development, these figures are in turn compared to average measures and statistics of previous EU- 15. According to data, these differences are quiet pronounced, not only between old and new member states but also within these two groups. These differences will signi- ficantly complicate and probably slow the process of convergence among EU states. Data further suggest that expectations among accession countries that they will soon equal the level of the EU-15 are over ambitious and non-realistic. These warnings are fully in accordance with Sapir?s Report, which was mandated by Romano Prodi, the chairman of the European Commission. Indications are that more detailed study by academics is required.
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File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=24640&Tipo=Articolo PDF
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Handle: RePEc:fan:epepep:v:html10.3280/Ep2005-004010
Number: 10
Template-type: ReDIF-Article 1.0
Author-Name: Vasja Rant
Author-Name: Mojmir Mrak
Title: Il percorso dei nuovi Stati membri alla luce degli obiettivi dell'Unione europea
Abstract: Il percorso dei nuovi Stati membri alla luce degli obiettivi dell'Unione europea (di Mojmir Mrak, Vasja Rant) - ABSTRACT: The paper discusses key policy issues faced by new member States as they prepare
for the next financial perspective, which is expected to address key challenges of the European Union growth and convergence. While expenditure of the EU budget over the 2007-2013 period can only be a partial solution to economic problems faced by member states, it will nonetheless be an important resource for new member states and can help them to accelerate their path of convergence, if used wisely. In order for EU funds to have a significant and positive impact, new member States must overcome absorption problems on macroeconomic, financial and administrative/institutional levels. In the paper we argue that the final outcome in terms of growth and fiscal equilibrium in new member States in the period of the next financial perspective will depend on the objective they choose (real vs nominal convergence) and their ability to resolve absorption related problems, particularly problems with financial and administrative
absorption.
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Handle: RePEc:fan:epepep:v:html10.3280/Ep2005-004011
Number: 11
Template-type: ReDIF-Article 1.0
Author-Name: Oscar Garavello
Title: Gli accordi dell'Unione europea con i paesi emergenti: verso nuove strategie bilaterali e regionali
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Handle: RePEc:fan:epepep:v:html10.3280/Ep2005-004012
Number: 12
Template-type: ReDIF-Article 1.0
Author-Name: Andrea Mairate
Title: La coesione aiuta la crescita economica
Abstract: La coesione aiuta la crescita economica (di Andrea Mairate) - ABSTRACT: Drawing on the experience of Structural Funds, the paper argues that cohesion may be beneficial to growth under certain conditions. It develops some arguments based on recent economic theory and empirical evidence on the trade-off between cohesion and growth and draws some lessons for future policy.
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Handle: RePEc:fan:epepep:v:html10.3280/Ep2005-004013
Number: 13