New technology is revolutionizing broadcasting markets. As the cost of bandwidth processing and delivery fall, information-intensive services that once bore little economic relationship to each other are now increasingly related as substitutes or complements. Television, newspapers, telecoms and the internet compete ever more fiercely for audience attention. At the same time, digital encoding makes it possible to charge prices for content that had previously been broadcast for free. This is creating new markets where none existed before. How should public policy respond? Will competition lead...

Over the past 40 years, the European Union has been a great force of attraction for new members. At the same time it has entered a host of bilateral and multilateral regional agreements with non-member countries. The result of these developments is a rather unique form of regionalism in Europe, consisting of deep integration within the European Union and a network of sometimes overlapping arrangements involving the Union.
Regionalism in Europe: Geometries and Strategies After 2000 brings together a collection of studies of the nature and the implications of this unique...

John W. Maxwell and Jiirgen von Hagen Kelley School of Business, Indiana University; ZEI, University of Bonn, Indiana University, and CEPR Prior to the 1970's, economic studies of the natural environment were chiefly concerned with the optimal extraction of natural resources such as oil, coal, and timber. This focus reflected the commonly held belief that the natural environmental was sufficient to sustain the world's population in relative comfort (at least in developed nations) and was "there for the taking." By the late 1960's, however, the spectacular levels of economic growth that had...

Monetary union has dawned in Europe. Now that the common currency is a reality, questions concerning the practical conduct of monetary policy in the European Monetary Union (EMU) are moving to the forefront of the policy debate. Among these, one of the most critical is how the new monetary union will cope with the large heterogeneity of its member economies. Given the large differences in economic and financial structures among the EMU member states, monetary policy is likely to affect different member economies in different ways.
Regional Aspects of Monetary Policy in Europe...

This book presents a theoretical framework to discuss how governments coordinate budgeting decisions. There are two modes of fiscal governance conducive to greater fiscal discipline, a mode of delegation and a mode of contracts. These modes contrast with a fiefdom form of governance, in which the decision-making process is decentralized. An important insight is that the effectiveness of a given form of fiscal governance depends crucially upon the underlying political system. Delegation functions well when there few, or no, ideological differences among government parties, whereas contracts...

Monetary union has dawned in Europe. Now that the common currency is a reality, questions concerning the practical conduct of monetary policy in the European Monetary Union (EMU) are moving to the forefront of the policy debate. Among these, one of the most critical is how the new monetary union will cope with the large heterogeneity of its member economies. Given the large differences in economic and financial structures among the EMU member states, monetary policy is likely to affect different member economies in different ways.
Regional Aspects of Monetary Policy in Europe...

A multidiscplinary contribution to the debate on globalization and regionalism. Refuting simple notions of globalization, its contributors argue that location and space will remain important dimensions of economic and social development.

The behaviour of fiscal authorities and their interplay with budgetary institutions are increasingly important areas of economic research, heightened by the move to the single currency in Europe. This volume provides a systematic analysis of the relevant issues.

Over the past 40 years, the European Union has been a great force of attraction for new members. At the same time it has entered a host of bilateral and multilateral regional agreements with non-member countries. The result of these developments is a rather unique form of regionalism in Europe, consisting of deep integration within the European Union and a network of sometimes overlapping arrangements involving the Union.
Regionalism in Europe: Geometries and Strategies After 2000 brings together a collection of studies of the nature and the implications of this unique...