Nitsch - Routledge Handbook of the Economics of European Integration

Routledge Handbook of the Economics of European Integration provides readers with a brief but comprehensive overview of topics related to the process of European integration in the post-Second World War period. Its short chapters reflect the most up-to-date and concise research, written by a collective of experts on their own subjects.

The aim of the Handbook is twofold. First, the text illustrates the broad and diverse range of issues associated with European integration, and lastly, the key approaches and findings are summarised. Since institutional integration in Europe is an ongoing process, with possibly frequent and sometimes rapid changes, the chapters are intended to focus on the key features of the economic analyses of these topics.

A wide and diverse set of economic issues is of direct relevance for European integration. These topics cover various fields, ranging from the history of the European Economic and Monetary Union, EU Trade Policy and the stability of international trade, single market issues over fiscal, monetary and other policies, the crisis that faces the Euro area, and institutions such as the EU Council of Ministers. Not surprisingly, many of these issues have also been analysed from a European perspective.

The Handbook is designed to provide students, researchers, policy makers and the public with ready and accessible knowledge of issues related to European integration and will provide the definitive overview of research in the area.

Harald Badinger is Full Professor of International Economics, Vienna University of Economics and Business (WU Vienna), Austria.

Volker Nitsch is Full Professor of Economics and Chair of International Economics at the Department of Law and Economics, Darmstadt University of Technology, Germany.

ROUTLEDGE HANDBOOK OF THE ECONOMICS OF EUROPEAN INTEGRATION

Edited by Harald Badinger and Volker Nitsch

First published 2016
by Routledge
2 Park Square, Milton Park, Abingdon, Oxon OX14 4RN

and by Routledge
711 Third Avenue, New York, NY 10017

Routledge is an imprint of the Taylor & Francis Group, an informa business

2016 selection and editorial material, Harald Badinger and Volker Nitsch; individual chapters, the contributors.

The right of the editors to be identified as the author of the editorial material, and of the authors for their individual chapters, has been asserted in accordance with sections 77 and 78 of the Copyright, Designs and Patents Act 1988.

All rights reserved. No part of this book may be reprinted or reproduced or utilised in any form or by any electronic, mechanical, or other means, now known or hereafter invented, including photocopying and recording, or in any information storage or retrieval system, without permission in writing from the publishers.

Trademark notice: Product or corporate names may be trademarks or registered trademarks, and are used only for identification and explanation without intent to infringe.

British Library Cataloguing in Publication Data
A catalogue record for this book is available from the British Library

Library of Congress Cataloging in Publication Data
Routledge handbook of the economics of European integration / edited by Harald Badinger and Volker Nitsch.

pages cm
1. European Union. 2. European Union countriesEconomic integrationHistory. 3. European Union countriesEconomic policyHistory.4. Monetary policyEuropean Union countriesHistory. 5. Financialservices industryEuropean Union countriesHistory. I. Badinger, Harald,1974- editor. II. Nitsch, Volker, editor. III. Title: Handbook of the economicsof European integration.
HC241.R68 2015
337.142dc23
2015015193

ISBN: 978-0-415-74770-7 (hbk)
ISBN: 978-1-315-79691-8 (ebk)

Typeset in Bembo
by Keystroke, Station Road, Codsall, Wolverhampton

PART I
History

Nicholas Crafts

Harold James

Ivo Maes

PART II
The Single Market and the euro

Harry Flam

Bent E. Srensen and Carolina Villegas-Sanchez

Agns Bnassy-Qur

PART III
Monetary and fiscal policy

Charles Wyplosz

Paul De Grauwe

Angela Maddaloni and Jos-Luis Peydr

Roel Beetsma

Lars Calmfors

PART IV
Trade issues

Gianmarco I.P. Ottaviano

Tibor Besede

Andr Sapir

Gabriel Felbermayr

Ludger Khnhardt

PART V
Selected policy areas

Sascha O. Becker, Peter H. Egger and Maximilian von Ehrlich

Johan Swinnen

Giuseppe Bertola

Christian Keuschnigg, Simon Loretz and Hannes Winner

Angel Ubide

PART VI
The crisis

Fritz Breuss

Lucrezia Reichlin and Huw Pill

Ashoka Mody

Jakob de Haan, Jeroen Hessel and Niels Gilbert

PART VII
Institutions

Enrico Spolaore

Nikolaos Antonakakis, Harald Badinger and Wolf Heinrich Reuter

Helge Berger and Volker Nitsch

Erich Vranes

Nikolaos Antonakakis is Assistant Professor at the Vienna University of Economics and Business (WU Vienna) and Senior Lecturer at the University of Portsmouth.

Harald Badinger is Professor of International Economics at the Vienna University of Economics and Business (WU Vienna).

Sascha O. Becker is Professor of Economics and Deputy Director of the Centre for Competitive Advantage in the Global Economy (CAGE) at the University of Warwick.

Roel Beetsma is MN Professor of Pension Economics at the University of Amsterdam.

Agns Bnassy-Qur is a Professor at Paris School of Economics University of Paris 1 Panthon Sorbonne and Chairwoman of the French Council of Economic Analysis.

Helge Berger is an Advisor in the International Monetary Funds European Department and Adjunct Professor of Monetary Economics at Free University Berlin.

Giuseppe Bertola is Professor of Economics at EDHEC Business School, on extended leave as Professore Ordinario, Universit di Torino.

Tibor Besede is an Associate Professor in the School of Economics at Georgia Institute of Technology.

Fritz Breuss is Jean Monnet Professor and Professor Emeritus at the Vienna University of Economics and Business (WU Vienna).

Lars Calmfors is Professor of International Economics at the Institute for International Economic Studies at Stockholm University, Research Fellow at the Research Institute of Industrial Economics in Stockholm, and Chair of the Swedish Labour Economics Council.

Nicholas Crafts is Professor of Economics and Economic History and Director of the Centre for Competitive Advantage in the Global Economy (CAGE) at the University of Warwick.

Peter H. Egger is Professor of Economics and Head of Division at KOF Swiss Economic Institute at ETH Zrich.

Gabriel Felbermayr is Professor of Economics and Director of the Ifo Center for International Economics at the University of Munich.

Harry Flam is Professor of International Economics at the Institute for International Economic Studies at Stockholm University.

Niels Gilbert is an Economist at De Nederlandsche Bank.