Introduction -- The external dimension of the Euro area : stylised facts and initial findings -- Product variety and macro trade models : implications for EU accession countries -- Exchange-rate pass-through to import prices in the Euro area -- The international equity holdings of Euro area investors -- Global linkages through foreign direct investment -- Shocks and shock absorbers : the international propagation of equity market shocks and the design of appropriate policy responses -- The Euro area in the global economy : its sensitivity to the international environment and its influence on global economic developments.
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SUMMARY OR ABSTRACT
Text of Note
Although still relatively closed, the Euro area economy is nevertheless subject to a broad range of economic impacts originating from outside its borders. This book aims to improve our understanding of how, and to what extent, such external developments affect the Euro area. Using a broad range of methodologies and techniques, the chapters analyse the various channels that connect the Euro area to its external environment; most notably trade, capital flows and other international macroeconomic linkages. The result is that the interaction between the Euro area and its 'external dimension' is shown to be more complex and extensive than had previously been thought. With contributions from both academics and professionals, this volume will be an invaluable source of information for researchers and policy-makers concerned with the interaction between regional European integration and globalization.
OTHER EDITION IN ANOTHER MEDIUM
Title
External dimension of the Euro area.
TOPICAL NAME USED AS SUBJECT
Eurozone.
BUSINESS & ECONOMICS-- International-- Economics.
BUSINESS & ECONOMICS-- International-- General.
Economic history.
Euro.
Eurozone.
International economic integration.
International economic relations.
Internationale handel.
Kapitaalverkeer.
GEOGRAPHICAL NAME USED AS SUBJECT
Europe, Economic integration.
European Union countries, Economic conditions.
European Union countries, Foreign economic relations.