11952218
Description
Mind Map by stefan schmidt, updated more than 1 year ago
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Created by stefan schmidt
over 6 years ago
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Economic Aspects of
European Integration
- Political Dimension
- Federal-/ Confederal-/ Nation-States
- centralization vs decentralization
unity/identity vs diversity
- centralization vs decentralization
unity/identity vs diversity
- Institutions of the EU
- Parliament,
Council,
Commission,
Court
- Parliament,
Council,
Commission,
Court
- Redistribution Concerns
- Identity & Nation building
- Pillar appraoch (Pre-Lisbon)
- Federal-/ Confederal-/ Nation-States
- Liberalization and the Internal Market
- Market Integration
- Segmented Markets ->
Regionalism -> Globalization
- Five Fredooms approach
- reducing internal and
external distances/barriers
- competetive and
comparative advantage
- Impact on consumers
- Five Fredooms approach
- Segmented Markets ->
Regionalism -> Globalization
- Establishing Competition
- pro-competetive effect
- consolidation/ M&A´s
- economies of scale
- market size
- consolidation/ M&A´s
- pro-competetive effect
- Market Integration
- EU-Competition Policy
- Objective: Maintaining
competition
- Legal setting:
Art. 101, 102,
107-109
- Legal setting:
Art. 101, 102,
107-109
- Relevant Cases: Google state aid,
Truck cartel MAN, M&A Ryanair + AER
Lingus, M&A GE + Honeywell
- Central keywords: relevant market,
abuse of dominant position,
distortion of competition, efficiency
defense, national champions
- Objective: Maintaining
competition
- Global Trade & Investment Relations
- Multilateralism
Regionalism
Strategic
Globalization
Protection
- Merkel Beer Speech
- Davos Speech
- Trade & Integration
Agreements
- Optimum Currency Areas
- Costs: lost autonomy,
asymmetric shocks,
- Benefits: lower TAC, exchange
rate risk & more transparency,
competition and trade
- OCA Theory
- Criteria for well-functioning: Economic
Convergence, Adjustment
Mechanisms to asymmetric shocks,
joint policies and a common project
- Coalition of the Able,
Willing, Unwilling
- Coalition of the Able,
Willing, Unwilling
- Criteria for well-functioning: Economic
Convergence, Adjustment
Mechanisms to asymmetric shocks,
joint policies and a common project
- Objective: Price
Stability
- Costs: lost autonomy,
asymmetric shocks,
- Multilateralism
Regionalism
Strategic
Globalization
Protection
- Location & Cohesion Policy
- Krugman Hypothesis
- Mobility of labor/companies
- Comparative Advantage approach
- Regional Agglomeration Approach
- Metropolitan Hub Approach
- Mobility of labor/companies
- Equality vs Efficiency tradeoffs
- Creation of Funds since 1958, esp.
bail-outs in banking sector since
2007
- Krugman Hypothesis
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