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What will the future Europe be like?

Author

Listed:
  • Eberhard Sinner
  • Manfred Wegner
  • Wolfgang Quaisser
  • Helge Berger
  • Volker Nitsch
  • Werner Weidenfeld

Abstract

After the rejection of the European Constitution in the referenda in France and the Netherlands and the failed financial negotiations, the European Union finds itself in a crisis. Eberhard Sinner, Bavarian Minister of State for Europe Affairs and Regional Relationships, sees a way out of the crisis in a reorientation of the EU based on the principle of subsidiarity. Dr. Manfred Wegner, Munich, and Dr. Wolfgang Quaisser, Munich Eastern European Institute, discuss the widening and deepening process of the European Union. In the opinion of Prof. Werner Weidenfeld, University of Munich, "a wise course would be to tone down the drama in the further development of the political system of the EU. We should abandon the ambitious and provoking label 'constitution' and return to the more moderate term 'treaties.'" Prof. Helge Berger and Dr. Volker Nitsch, Free University of Berlin, examine the effects the introduction of the euro has had on trade.

Suggested Citation

  • Eberhard Sinner & Manfred Wegner & Wolfgang Quaisser & Helge Berger & Volker Nitsch & Werner Weidenfeld, 2005. "What will the future Europe be like?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 58(15), pages 03-19, August.
    • Handle: RePEc:ces:ifosdt:v:58:y:2005:i:15:p:03-19
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    References listed on IDEAS

    as
    1. Alejandro Micco & Ernesto H. Stein & Guillermo Luis Ordoñez, 2003. "The Currency Union Effect on Trade: Early Evidence from EMU," Research Department Publications 4339, Inter-American Development Bank, Research Department.
    2. Alejandro Micco & Ernesto Stein & Guillermo Ordoñez, 2003. "The currency union effect on trade: early evidence from EMU [‘A theoretical foundation for the gravity equation’]," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 18(37), pages 315-356.
    3. Berger, Helge & Nitsch, Volker, 2008. "Zooming out: The trade effect of the euro in historical perspective," Journal of International Money and Finance, Elsevier, vol. 27(8), pages 1244-1260, December.
    4. Andrew K. Rose, 2000. "One money, one market: the effect of common currencies on trade," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 15(30), pages 08-45.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    JEL classification:

    • D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
    • F02 - International Economics - - General - - - International Economic Order and Integration

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