Intereconomics - Review of European Economic Policy
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CONTENTS |
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FEATURED TOPICThe Regulation of Water Services in the EUThe European Commission's proposal for a Directive on the award of concession contracts has sparked vigorous public debate and intense opposition. This Directive is controversial because of the nature of the policy it proposes and because the sectors involved are highly sensitive. This Forum examines the weaknesses of the Commission's proposal and presents an overview of the current issues in water regulation and the provision of water services. The authors analyse the regulation of natural monopolies, water efficiency and upstream competition in the water industry. |
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ADDITIONAL HIGHLIGHTS FROM THE CURRENT ISSUEThe Cypriot PrecedentIn this issue's Editorial, Diego Valiante (Centre for European Policy Studies) stresses that the Cyprus case is the precedent that has demonstrated the instability of the foundations of the banking union. It has also shown the weakness of an institutional set-up that will be required to make ever more important decisions as the economic crisis lingers and the banking system suffers further blows. The Economic Consequences of the Proposed Immigration ReformIn the Letter from America, Giovanni Peri (University of California) analyses the US immigration reform proposal from an economic point of view. He identifies the legislation's main points and evaluates their potential consequences for US economic growth, productivity, labor markets and for the welfare of its current citizens. The Adjustment Mechanism in the Euro AreaPietro Biroli (University of Chicago), Gilles Mourre (European Commission) and Alessandro Turrini (European Commission) analyse the competitiveness adjustment mechanism in the euro area and its link with labour and product market regulations. The authors show that competitiveness in EMU has moved towards easing country-specific cyclical imbalances. Results also indicate that since the establishment of the monetary union, real exchange rate developments in euro area countries have become less reactive to country-specific cyclical imbalances, but also less persistent. |
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QUOTE OF THE MONTH
from Judith Clifton and Daniel Díaz-Fuentes's Forum contribution The European Union's Concessions Directive: A Critical Reading |
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About Intereconomics - Review of European Economic PolicyIntereconomics is jointly produced by ZBW - Leibniz Information Centre for Economics and the Centre for European Policy Studies (CEPS). The journal appears bimonthly and features papers by economists that deal with economic and social policy issues and trends in Europe or affecting Europe. To submit a paper for publication, please visit the Call for Papers section of our website for relevant information. Intereconomics is published by Springer-Verlag Berlin Heidelberg. Newsletter SubscriptionTo unsubscribe from the newsletter, please visit the following web page, enter your email address, and click "unsubscribe": http://www.intereconomics.eu/newsletter.php. To change your email address, please unsubscribe as explained above and then resubscribe using your new address.Editorial Office
Redaktion Intereconomics Phone: +49 (0)40 42834-306/307 and Centre for European Policy Studies (CEPS) Phone: +32 (0)2 229 39 11 Contact
Ekaterina Sprenger
Christine Klein |