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The Economics and Policies of Integration — a Finnish Perspective

  • Book
  • © 1996

Overview

Editors:
  1. Kari Alho

    1. The Research Institute of the Finnish Economy, ETLA, Helsinki, Finland

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  2. Mika Erkkilä

    1. The Research Institute of the Finnish Economy, ETLA, Helsinki, Finland

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  3. Markku Kotilainen

    1. The Research Institute of the Finnish Economy, ETLA, Helsinki, Finland

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Table of contents (11 chapters)

  1. Front Matter

    Pages i-xvi
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  2. The Overall Economic Effects of Integration and EU Membership

    1. Finland and European Integration

      • Kari Alho
      Pages 1-7

    2. Finland in the European Community — The Economic Impacts

      • Kari Alho, Markku Kotilainen, Mika Widgrén
      Pages 9-19

  4. EMU and Economic Policies

    1. Is the EU an Optimal Currency Area and is Finland a Part of it?

      • Markku Kotilainen
      Pages 117-148

    2. The Functioning of Labour Markets in EMU

      • Kari Alho, Mika Erkkilä
      Pages 149-160

    3. Macroeconomic Policy and EMU

      • Kari Alho, Mika Widgrén
      Pages 161-173

  5. Analysis of EU Institutions and Voting Mechanisms

    1. Voting Rule Reforms in the EU Council: Needs, Means and Consequences

      • Mika Widgrén
      Pages 175-205

  6. Back Matter

    Pages 207-210
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Keywords

About this book

European integration has come a long way since the fIrst steps in the aftermath of the Second World War. At that time, the neutral European countries chose to stay outside the European Economic Community. Those countries that wanted less ambitious cooperation formed the European Free Trade Association. Increasing trade dependence between the two groupings was institutionalised when they signed free-trade agreements with each other, creating thus a wider European free-trade area in manufactures. The strong push towards deepening integration among EC countries, manifested in the Single European Act in 1985, and the dismantling of non-tariff barriers to trade and factor flows in the EC by 1993, made it necessary for EFTA countries to secure access on equal conditions to their most important export market and thus prevent trade diversion. The ensuing agreement on the European Economic Area responded to these demands, but did not resolve the apparent asymmetry in EEA decision-making. This emanated from the supremacy ofEC legislation over EEA rules, thus making EFTA countries passively adjust to EC norms. Consequently, Finland applied for membership in the EC in March 1992, with effect from 1995. The latest phase in the integration process, the Treaty on European Union, has an aim to further deepening, e. g. the formation of the economic and monetary union by 1999.

Editors and Affiliations

  • The Research Institute of the Finnish Economy, ETLA, Helsinki, Finland

    Kari Alho, Mika Erkkilä, Markku Kotilainen

Bibliographic Information

  • Book Title: The Economics and Policies of Integration — a Finnish Perspective

  • Editors: Kari Alho, Mika Erkkilä, Markku Kotilainen

  • DOI: https://doi.org/10.1007/978-94-009-0347-0

  • Publisher: Springer Dordrecht

  • eBook Packages: Springer Book Archive

  • Copyright Information: Kluwer Academic Publishers 1996

  • Hardcover ISBN: 978-0-7923-4265-6Published: 31 October 1996

  • Softcover ISBN: 978-94-010-6642-6Published: 06 October 2011

  • eBook ISBN: 978-94-009-0347-0Published: 06 December 2012

  • Edition Number: 1

  • Number of Pages: XVI, 210

  • Topics: International Economics, Macroeconomics/Monetary Economics//Financial Economics, Political Science, Microeconomics

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