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The Relevance for Europe

In: Taxes and Exchange Rates in the EU

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  • John Lorié

Abstract

In the introductory chapter of this book, particularly in Section 1.2, the major questions of this study were formulated. These major questions are: 1. Does international liberalisation of financial capital have a positive effect on aggregate welfare? And what is the effect on welfare distribution between the countries involved? 2. To what extent does the existence of tax differences and exchange rate changes affect the outcome of welfare creation and welfare distribution? 3. Consequently, how should attempts to harmonise taxes in the EU and the realisation of the EMU be assessed, given the liberalisation of financial capital in the EU as of July 1990?

Suggested Citation

  • John Lorié, 2006. "The Relevance for Europe," Palgrave Macmillan Books, in: Taxes and Exchange Rates in the EU, chapter 7, pages 370-428, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-62570-9_7
    DOI: 10.1057/9780230625709_7
    as

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