About Me
Financial Instruments
Portfolio Analysis
Corporate Finance
European Integration
Accessories
Essentials of European Integration (.pptx, 0.24 MB)
Negative and positive integration. Stages of economic integration. Deepening and widening. Milestones in European economic integration (European Economic Community, Single Market. Economic and Monetary Union, Eastern enlargement, economic and financial crisis). Economic arguments of subsidiarity. EU institutional structure (European Commission, Council of the EU, European Council, European Parliament, European Court of Justice). ... and more
Integration of Goods Markets (.pptx, 0.37 MB)
Theories of trade and protection. Tariff and non-tariff trade barriers. Non-discriminatory and discriminatory tariff. Trade creation and trade diversion. Formation of customs union. Customs union versus free trade area (trade deflection). Customs union versus GATT. Technical barriers to trade. High publicity cases of TBT. EU regulatory regimes for TBT (old approach, mutual recognition, minimum standards). ... and more
Liberalization of Capital Flows and Services (.pptx, 0.17 MB)
Classification of capital controls. Pressures to deregulate capital controls. Liberalization of capital flows in EU. Justification for capital controls. Reimposition of controls during crisis period. Characteristics of service sector. Reasons to regulate and deregulate services. Restrictions on free trade in services. Service Directive. Banking directives. Financial trilemma. Pillars of banking union. ... and more
Monetary Integration and the Euro (.pptx, 0.38 MB)
Adjustments to asymmetric shock. Competitive and equilibrium devaluation. Impossible Trinity. Optimum currency areas. Bretton-Woods system. European Payment Union. Werner Report. Snake. European Monetary System (ECU, ERM. EMS stages. Delors Report. Currency crisis in 1992-1993). Perceived inflation. Maastricht convergence criteria (inflation, interest rates, exchange rate, government deficit and debt). Euro changeover. Multi-speed Europe. ... and more
Harmonization of Fiscal Policies (.pptx, 0.29 MB)
Features of EU budget. Own sources of EU budget. Multi-annual financial frameworks. Pros and cons of tax harmonisation. Origin versus destination principle. Degree of harmonisation (value-added tax, consumption tax, corporate tax). Stability and Growth Pact (justification, preventive and corrective arm, credibility crisis. Structural and cyclical deficits. Six-pack. Two-pack. Fiscal compact. ... and more
Social and Employment Policies (.pptx, 0.17 MB)
Components of social policy. Benefits from labour market liberalisation. Labour market rigidities. Labour market concepts. Voluntary and involuntary unemployment. Characteristics of European labour markets. Typology of European social models. Evolution of EU social policy. European Social Charter. European Social Space. Schengen Agreement. European Employment Strategy. Labour market and monetary integration. .. and more
Common Agricultural Policy (.pptx, 0.24 MB)
Justification for public intervention. Cobweb theorem. Formation of CAP. CAP instruments: (import levy and export subsidy, intervention purchases, producer subsidies, direct payments). EAGGF. Green currencies. Problems of CAP (production surpluses, subsidized exports, costs to EC budget, inequitable support). Attempts to limit support (set-asides, production quotas, budget stabilisers). MacSharry reform. Dilemmas of Eastern enlargement. Recent trends. ... and more
Regional Policy (.pptx, 0.96 MB)
National and regional differences in EU. Spacial equilibrium. Agglomeration and congestion effects. Modern growth theories. Evolution of regional policy. Principles of operation. Structural funds. Cohesion fund. European Investment Bank. Objectives of regional policy. Nomenclature of Territorial Units for Statistics. Open issues of EU regional policy. ... and more
Trade and Aid Policy (.pptx, 0.19 MB)
World trade institutional setup. General principles of GATT/WTO. GATT/WTO negotiations. Organisation of common trade policy. Preferential pyramid in EU trade relations (EFTA, ACP countries, association agreements, Euro-Med partnership. Generalised System of Preferences). Hub-and-spoke trade patterns. Transatlantic Trade and Investment Partnership. ... and more
Competition and Industrial Policy (.pptx, 0.19 MB)
Importance of competition. Monopolistic and oligopolistic equilibrium. Reasons for EU competition policy. Components of CP (anticompetitive agreements, abuse of dominant position, merger control, control of state aid, liberalisation of utilities). Organisation of CP. Reforms of CP. European Competition Network. Approaches to industrial policy (market-oriented versus interventionist approach). Evolution of EU industrial policy. ... and more