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European Union

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Full-Text Articles in Political Economy

Analyzing Preparedness For Compliance With The Carbon Border Adjustment Mechanism (Cbam) Across Member States Of The European Union, Vincent Pfattner May 2026

Analyzing Preparedness For Compliance With The Carbon Border Adjustment Mechanism (Cbam) Across Member States Of The European Union, Vincent Pfattner

Politics Honors Papers

The European Union’s implementation of the CBAM is a climate change-driven initiative aimed at preventing carbon leakages. This thesis aims to investigate the underlying reasons for the variation in preparedness to comply with CBAM. Exposure to CBAM-covered Extra-EU imports serves as a proxy for preparedness, a measure of the economic constraints EU countries face. The research employs a mixed-methods approach, including Regression Analysis, Bayesian model averaging, and comparative case studies of EU countries. The results show a strong association between preparedness levels and institutional factors, particularly regulatory capacity. In contrast, political, financial, and geographical factors exhibit limited influence on a …


Three Scandinavian Countries In The Baltic Sea: A Critical Study Of The Blue Economy Programmes, Adityarachman Sofiar, Henny Saptatia Drajati Nugrahani Jul 2024

Three Scandinavian Countries In The Baltic Sea: A Critical Study Of The Blue Economy Programmes, Adityarachman Sofiar, Henny Saptatia Drajati Nugrahani

Journal of Strategic and Global Studies

ABSTRACT. This paper examines the current state of the Blue Economy in the Baltic Sea region, with a focus on sustainable development in the Scandinavian countries. The paper begins by providing an overview of the economic, social, and environmental impacts. The paper identifies key challenges facing the industry in the Scandinavian countries, including the need for better planning and management, the preservation of natural and cultural heritage, and the protection of the marine environment. This research aims to explain the urgency of Blue Economy activities impact in the Baltic Sea, Specifically the impact on the environment and communities in Scandinavian …


The Risk Of Monetary Integration: How Italy And Germany’S Cultural And Economic Differences Are Incompatible With Shared Monetary Policy And Jeopardize The Stability Of The Union, Matthew Rossi Jordan May 2020

The Risk Of Monetary Integration: How Italy And Germany’S Cultural And Economic Differences Are Incompatible With Shared Monetary Policy And Jeopardize The Stability Of The Union, Matthew Rossi Jordan

Senior Theses

The project of the European Union has successfully transformed western Europe into a powerful and stable bloc empowered by expansive economic and political integration. However, certain pathways of integration, such as the introduction of the Eurozone and the monetary consolidation it entails, have actually weakened the Union by disregarding the vast economic and cultural differences between the countries. In this thesis, I use the examples of Germany and Italy, outlining and discussing various cultural and economic differences between them to show their incompatibility with a shared currency. I will substantiate this with a discussion of monetary policy, and will dissect …


European Banking Union A: The Single Supervisory Mechanism, Rosalind Z. Wiggins, Michael Wedow, Andrew Metrick Nov 2019

European Banking Union A: The Single Supervisory Mechanism, Rosalind Z. Wiggins, Michael Wedow, Andrew Metrick

Journal of Financial Crises

At the peak of the Global Financial Crisis in fall 2008, each of the 27 member states in the European Union (EU) set many of its own banking rules and had its own bank regulators and supervisors. The crisis made the shortcomings of this decentralized approach obvious, and since its formation in January 2011, the European Banking Authority (EBA) has been developing a “Single Rulebook” that will harmonize banking rules across the EU countries. In June 2012, European leaders went even further, committing to a banking union that would better coordinate supervision of banks in the then 18-country Eurozone. A …


Ireland And Iceland In Crisis D: Similarities And Differences, Arwin G. Zeissler, Daisuke Ikeda, Andrew Metrick Nov 2019

Ireland And Iceland In Crisis D: Similarities And Differences, Arwin G. Zeissler, Daisuke Ikeda, Andrew Metrick

Journal of Financial Crises

On September 29, 2008—two weeks after the collapse of Lehman Brothers—the government of Ireland took the bold step of guaranteeing almost all liabilities of the country’s major banks. The total amount guaranteed by the government was more than double Ireland’s gross domestic product, but none of the banks were immediately nationalized. The Icelandic banking system also collapsed in 2008, just one week after the Irish government issued its comprehensive guarantee. In contrast to the Irish response, the Icelandic government did not guarantee all bank debt. Instead, the Icelandic government controversially split each of the three major banks into a new …


Belgium’S 2008 Recentralization Of Wage-Setting Mechanisms And The Decentralization-Unit Labor Costs-Net Exports Link: Chronicle Of A Death Foretold?, Ines Pedro Fernandes Mar 2019

Belgium’S 2008 Recentralization Of Wage-Setting Mechanisms And The Decentralization-Unit Labor Costs-Net Exports Link: Chronicle Of A Death Foretold?, Ines Pedro Fernandes

Undergraduate Economic Review

Anchored on scholarly literature on international competitiveness and the classical definition of competitiveness as net exports, policy making institutions support decentralized wage-setting mechanisms. The rationale is that decentralized wage-setting systems lower wages and unit labor costs (ULC) and, therefore, increase net exports. This paper contains a literature review on the wage-setting–ULC–net exports link and challenges conventional rationales by examining the co-evolution of Belgium’s real wages and net exports across wage percentiles and sectors. Belgium is a case in point, since the country experienced both increasing real wages and increasing net exports after recentralizing wage-setting mechanisms in 2008.


Given Today's New Wave Of Protectionsim, Is Antitrust Law The Last Hope For Preserving A Free Global Economy Or Another Nail In Free Trade's Coffin?, Allison Murray Feb 2019

Given Today's New Wave Of Protectionsim, Is Antitrust Law The Last Hope For Preserving A Free Global Economy Or Another Nail In Free Trade's Coffin?, Allison Murray

Loyola of Los Angeles International and Comparative Law Review

No abstract provided.


Planning To Fail: The Eurozone, Its Sovereign Debt Crisis, And The Future Of The Union, Kyle Whitworth Apr 2018

Planning To Fail: The Eurozone, Its Sovereign Debt Crisis, And The Future Of The Union, Kyle Whitworth

Theses

The European Union has been one of the greatest accomplishments of modern history. Through economic and political integration has ended centuries of warfare on the continent while producing the worlds largest trading bloc. Despite the initial success of the monetary union and its single currency, the Union has been bogged down economic troubles in the form of a debt crisis among several of the member states. The recovery period of the crisis has produced growth that is slow and uneven. Countries such as Germany has assumed the role of the economic powerhouse of Europe and therefore a political leader in …


Why Ireland: How Bank Failure Was Their Key To Success, Nia R. Gillenwater Sep 2016

Why Ireland: How Bank Failure Was Their Key To Success, Nia R. Gillenwater

Claremont-UC Undergraduate Research Conference on the European Union

Despite Ireland’s status as the first EU country to receive a bailout, Ireland appears to be bouncing back extremely well from the ongoing financial crisis in Europe and the EU. Looking at recent Irish economic statistics it begs the question whether the government’s complete guarantee of all Irish debts was the best response. Ireland’s financial crisis seemed quite similar to America’s: for both the root causes are freely lending for real estate and property. The responses however, were very different. While America let Lehman Brothers fail and only provided a partial guarantee to its banks, Ireland provided a complete guarantee …


European Union Membership And Levels Of Corruption, Kevin J. Morris Jan 2016

European Union Membership And Levels Of Corruption, Kevin J. Morris

The Corinthian

Recent accessions to the European Union (E.U.) membership have been met with protests as critics noted the widespread corruption still rampant in both recent and established member countries. Given the global ramifications of the debt crises in Italy, Spain, and Greece, determining the efficacy of the E.U. Accession Reforms and Membership Criteria on corruption reduction is vitally important. Using European and Central Asian country-level data from the World Bank’s Global Development and Global Indicator database regional-level fixed effects, I estimate the impact of EU membership on corruption levels and find that E.U. membership has a small, but significant impact on …


Economic Voting, Sociotropic Vs. Checkbook: Cases From Greece And Germany, Matthew Coen-Tuff Apr 2014

Economic Voting, Sociotropic Vs. Checkbook: Cases From Greece And Germany, Matthew Coen-Tuff

Political Science Theses and Capstones

Economic voting, the theory that when the economy is good the party in control gains support and when the economy is bad the party in power suffers. This is a simplistic definition and economic voting is so much more. In this paper I seek to prove how economic voting can be broken down into two categories, sociotropic and checkbook. I do this by looking at two countries in very different situation. Greece is a country going through economic turmoil and is constantly changing which party is in control of the government. It has been suffering especially hard from a debt …


Tobin In Europe: A Case For The Financial Transaction Tax, Stephanie I. Schneider Apr 2013

Tobin In Europe: A Case For The Financial Transaction Tax, Stephanie I. Schneider

Claremont-UC Undergraduate Research Conference on the European Union

No abstract provided.


“La Generación Ni Ni” And The Exodus Of Spanish Youth, Stephanie Lester Apr 2013

“La Generación Ni Ni” And The Exodus Of Spanish Youth, Stephanie Lester

Claremont-UC Undergraduate Research Conference on the European Union

No abstract provided.


Cohesion Policy Of The European Union: Facilitated By Supranational Institutions And Regional Autonomy Or Hindered By National Sovereignty?, Caitlin Daw Apr 2013

Cohesion Policy Of The European Union: Facilitated By Supranational Institutions And Regional Autonomy Or Hindered By National Sovereignty?, Caitlin Daw

Claremont-UC Undergraduate Research Conference on the European Union

No abstract provided.


The Economic Crisis And Esdp: Friends Or Foes?, Amelia Adams Apr 2013

The Economic Crisis And Esdp: Friends Or Foes?, Amelia Adams

Claremont-UC Undergraduate Research Conference on the European Union

No abstract provided.


Strong Euro Weakening Dollar: A Potential Economic Demise, Guadalupe F. Garcia Feb 2012

Strong Euro Weakening Dollar: A Potential Economic Demise, Guadalupe F. Garcia

Claremont-UC Undergraduate Research Conference on the European Union

No abstract provided.


Eu's Common Foreign Policies Towards Russia: Past, Present And Future, Yigit Canay Feb 2012

Eu's Common Foreign Policies Towards Russia: Past, Present And Future, Yigit Canay

Claremont-UC Undergraduate Research Conference on the European Union

No abstract provided.


Has The Franco-German Power Balance In The European Union Tipped In Favor Of Germany?, Stephanie C. Haffner Jan 2011

Has The Franco-German Power Balance In The European Union Tipped In Favor Of Germany?, Stephanie C. Haffner

CMC Senior Theses

The power balance between France and Germany in the European Union has been one of great discussion and debate. Countless journalists and scholars have argued that Germany’s power has risen gradually against the seemingly perpetually stronger France over the past sixty years, and is now finally set to surpass France; but how true are these claims? How can power within the EU truly be measured? Through an analysis of Franco-German collaboration through unionization, a critique of the contemporary discourse on the relationship, and an examination of changing contributions to the EU budget, my paper argues that the Franco-German power balance …