Artikel

The World in 2016: A Perspective for the Wider Europe

The theme of this contribution is how Europe will evolve over the next decade. The key message is that over this decade Europe will be busy digesting the 12 members that joined in 2004 and 2007. Digesting in the context means that the new members will only gradually be incorporated and participating in important areas, such as labour mobility, EMU and Schengen. Another challenge for the next decade is for some of the member countries of the euro area to adjust to the loss of the exchange rate as an adjustment instrument. This is an even more basic challenge for the EU because the enlargement challenge cannot be answered if the euro area falls apart because its member countries cannot adjust to the constraints of a stable common currency. This contribution deals with these two basic challenges for the EU over the next decade. It starts with a brief review of forces that might threaten the euro area. The second section then details some crucial facets of the enlargement challenge.

Language
Englisch

Bibliographic citation
Journal: Vierteljahrshefte zur Wirtschaftsforschung ; ISSN: 1861-1559 ; Volume: 75 ; Year: 2006 ; Issue: 2 ; Pages: 79-90 ; Berlin: Duncker & Humblot

Classification
Wirtschaft
Subject
EU-Mitgliedschaft
Eurozone
EU-Staaten

Event
Geistige Schöpfung
(who)
Gros, Daniel
Event
Veröffentlichung
(who)
Duncker & Humblot
(where)
Berlin
(when)
2006

DOI
doi:10.3790/vjh.75.2.79
Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

This object is provided by:
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Object type

  • Artikel

Associated

  • Gros, Daniel
  • Duncker & Humblot

Time of origin

  • 2006

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