European Economic Integration

• Moodle: European Economic Integration

Welcome!!! (but the course is over)

General information

• Schedule. Monday (16-18) and Thursday (14-16)

• Book. The primary reference is Baldwin and C. Wyploz [BW], The Economics of European Integration, McGraw-Hill, last edition

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• Lecture 1 - Preliminaries

• EU some facts & history. Read Chapters 1 and 2 [BW]

• Play the above Video

• Additional readings

• Quick reference on the Evolution of the EU. Chapter 3. John McCormick (2005), Understanding the European Union. A Concise Introduction, 3rd Edition, Palgrave

• Winston Churchill's Zurich Speech (September 19, 1946)

• The Schuman Declaration (May 9, 1950)

• EU history

• Homework No 1

• Quiz

• Due to Sunday (4/10/2015). You can do all the attempts you want, but in the end, you should answer all 8 questions correctly to pass it. Good luck!!!

• Self-test questions 1/2

• Self-test questions 2/2

• EU glossary

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• Lecture 2 - Task allocation

• Reference: Chapter 3 [BW]

• Levels of government

• Self-test questions

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• Lecture 3 - Market integration

• Reference: Chapters 4 and 5 [BW]

• From Rome to Maastricht

• The theory of international trade

• Tariff theory (optional)

• Self-test questions 1/2

• Self-test questions 2/2

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• Lecture 4 - EU geography and regional policies

• Reference: Chapter 10 [BW]

• EU geography

• EE-KK model (optional)

• Comparative advantage (optional)

• Regional policies

• Self-test questions

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• Lecture 5 - Monetary integration

• Reference: Chapters 13-16 [BW]

• Optimal currency area theory

• Monetary integration

• Euro and ECB

• Self-test questions 1/4

• Self-test questions 2/4

• Self-test questions 3/4

• Self-test questions 4/4

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• Lecture 6 - Euro crisis

• Reference: Chapter 19 [BW]

• EU crisis

• Self-test questions

• EU sovereign debt crisis: Different views

• European government bond spreads in the current crisis. Jürgen von Hagen, Ludger Schuknecht, Guido Wolswijk 21 December 2009. Spreads on government bonds in the EU15 have risen dramatically since the Lehman default in September 2008. This column shows that financial markets’ reactions were not random but reflected an intensification of risk concerns, especially regarding public finances. German bonds have acquired a ‘safe-haven' status that they did not have before.

• The Eurozone crisis: Fiscal fragility, external imbalances, or both? Pietro Alessandrini, Andrew Hughes Hallett, Andrea F Presbitero, Michele Fratianni 16 May 2012. Unsustainable debt along Europe’s periphery is bringing the euro to breaking point. But this column argues that this is not simply the result of fiscal ill-discipline. After 2010, the Eurozone crisis went from a fiscal crisis to a balance-of-payments crisis – with different prescriptions for policy.

• Rebooting the Eurozone: Step 1 – Agreeing with a Crisis narrative. Rebooting Consensus Authors 20 November 2015. The Eurozone needs fixing, but it is impossible to agree upon the steps to be taken without agreement on what went wrong. This column introduces a new CEPR Policy Insight that presents a consensus narrative of the causes of the EZ Crisis. It was authored by a dozen leading economists from across the spectrum. A long and growing list of economists supports the consensus narrative.
  
  
  
  
  
  
  
  

Treaties

• The first treaties 

• Developments up to the Single European Act

• The Maastricht and Amsterdam Treaties: prospects for the European Union

• The Single Market Programme & EEA

EIU resources on EU

European Union information research guide. This Research Guide covers the EU depository collection (European Documentation Centre) of official documents and publications, together with EU-related databases, registers, websites, news, and reference resources. The EUI Library collects primary and secondary materials about the European Union, which are accessible through the Classic catalog.