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Showing papers on "European union published in 1987"


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TL;DR: In this paper, the term structure data for U.S. government securities were provided for all time intervals from 1946 to 1987 and the data relate to the concepts in the paper more precisely than does any previously published data series.
Abstract: This paper consolidates and interprets the literature on the term structure, as it stands today. Definitions of rates of return, forward rates and holding returns for all time intervals are treated here in a uniform manner and their interrelations, exact or approximate, delineated. The concept of duration is used throughout to simplify mathematical expressions. Continuous compounding is used where possible, to avoid arbitrary distinctions based on compounding assumptions. Both the theoretical and the empirical literature are treated. The attached tables by J. Huston McCulloch give term structure data for U. S. government securities 1946-1987. The tables give discount bond yields, forward rates and par bond yields as defined in the paper. The data relate to the concepts in the paper more precisely than does any previously published data series.

569 citations


Book
28 Aug 1987
TL;DR: The Marshall Plan and the New Deal: from New Era designs to New Deal synthesis as discussed by the authors is a classic example of transnationalism in the context of European integration and the origins of the Marshall Plan.
Abstract: Introduction Toward the Marshall Plan: from New Era designs to New Deal synthesis 1. Searching for a 'creative peace': European integration and the origins of the Marshall Plan 2. Paths to plenty: European recovery planning and the American policy compromise 3. European union or middle kingdom: Anglo-American formulations, the German problem, and the organizational dimension of the ERP 4. Strategies of transnationalism: the ECA and the politics of peace and productivity 5. Changing course: European integration and the traders triumphant 6. Two worlds or three: the sterling crisis, the dollar gap, and the integration of Western Europe 7. Between union and unity: European integration and the sterling-dollar dualism 8. Holding the line: the ECA's efforts to reconcile recovery and rearmament 9. Guns and butter: politics and diplomacy at the end of the Marshall Plan Conclusion America made the European way Bibliography Index.

343 citations


Book
01 Jan 1987
TL;DR: The authors reviewed how South Asia is rising to the challenge of globalization and how South Asian countries maximize the benefits of globalization whilst minimizing its costs, and what lessons have these countries learned from the East Asian financial crisis? What actions have they taken at the national, regional and global level?
Abstract: This timely book reviews how South Asia is rising to the challenge of globalization. In particular, how are South Asian countries maximizing the benefits of globalization whilst minimizing its costs? What lessons have these countries learned from the East Asian financial crisis? What actions have they taken at the national, regional, and global level? Some important topics covered in this book include policy reforms and economic integration in South Asia, comparisons between South Asia (mainly India) and China, and economic linkages between South Asia and East Asia including the possibility of an integrated Pan-Asia similar to the European Union. Academics, researchers, students, policymakers and observers of South Asian, and more broadly Asian, economic development and integration will want to read this book.

71 citations


Book
19 May 1987
TL;DR: In this paper, the authors analyse and assess the European Community's latest attempts to achieve union in the context of the overall dynamics of the process of integration in western Europe, and assesses their latest attempts in terms of their performance.
Abstract: This study analyses and assesses the European Community's latest attempts to achieve union in the context of the overall dynamics of the process of integration in western Europe.

32 citations


01 Jan 1987
TL;DR: In this article, the authors present a comprehensive guide to European environmental legislation, grouped into subject matter: water, waste, air, chemicals, wildlife and countryside, noise, and environmental impact assessment.
Abstract: This book is a definitive guide to European environmental legislation. All relevant directives, regulations and decisions are grouped into chapters by subject matter: water, waste, air, chemicals, wildlife and countryside, noise, and environmental impact assessment. For each piece of community legislation there is formal information, a summary of its purpose, a discussion of its contents and its development, a statement of the formal compliance in the UK' and a review of its effects on UK practice. The chapter on air includes emission from vehicles and legislation concerning lead in petrol. (TRRL)

12 citations


Journal ArticleDOI
TL;DR: A review process of this kind would also sustain the support and understanding of Western public opinion as mentioned in this paper. But this will call for more coherence and willpower than the Europeans have shown in the recent past.
Abstract: Working groups responsible for preparing the summit-whether national, bilateral (the French-British Strategic Group), European (Western European Union) or Atlantic-would be able to tackle questions which just did not seem worth the time and trouble in the Brezhnev era: What kind of trimmed-down conventional force structure would be acceptable to NATO, and in what doctrinal framework? What concessions would the alliance place priority on winning from the Soviet Union? These are important questions which need proper time, thought and discussion. A review process of this kind would also sustain the support and understanding of Western public opinion. The suggestions made here will not in themselves be sufficient to ward off all danger of decoupling, if only because talk about accommodating a US force reduction can itself become a self-fulfilling prophecy. Powerful forces are at work against a strategic consensus between the Europeans and the Americans. Nuclear parity has had that effect for a long time, not to mention the widespread American perception of a European 'free ride', as well as the delegitimization of nuclear deterrence. The results of these factors can probably be kept under control. But this will call for more coherence and willpower than the Europeans have shown in the recent past. Indifference will kill the alliance only if its most vulnerable members display their incapacity to take their own security seriously. It is Western Europe's non-existence which will speed up the American disengagement. This point has been aptly put by David Owen, the leader of the British Social Democratic Party. American reactions to coordinated European initiatives-industrial, commercial, or military-may be sharp and unpleasant. But their consequences will be less dire than the deplorable impression which European disorder, apathy and vagueness creates in the United States. Managing the inevitable tensions between building a true European pillar in the alliance and maintaining the Euro-American coupling is a better course to take than having to learn to live with the consequences of the dislocation of the allied coalition. This content downloaded from 207.46.13.113 on Thu, 06 Oct 2016 04:23:25 UTC All use subject to http://about.jstor.org/terms

8 citations


Journal Article

4 citations




Book
19 Mar 1987
TL;DR: In this paper, four legal experts who assisted the European Parliament in drafting the Treaty of Lisbon compare the solutions advanced by the Parliament with the Community provisions in force, and examine such questions as the nature of the powers to be exercised by the future Union and their development; the place of human rights in European integration; the role of political cooperation and foreign policy; the enlargement of role of the Court of Justice; the vexed question of the member state's veto powers; and many other issues.
Abstract: This commentary, prepared by the four legal experts who assisted the European Parliament in drafting the Treaty, compares the solutions advanced by the Parliament with the Community provisions in force. It examines such questions as the nature of the powers to be exercised by the future Union and their development; the place of human rights in European integration; the role of political cooperation and foreign policy; the enlargement of the role of the Court of Justice; the vexed question of the member state's veto powers; and many other issues. It is, therefore, more than an analysis of a particular text: it will be of continuing interest to all students of the European Community and it institutions, and to those who, in the future, will be engaged in their development and reform.

2 citations








Book ChapterDOI
01 Jan 1987
TL;DR: The SDI programme became even more divisive within coalition governments in West Germany in particular and within the European Communities and the North Atlantic Alliance as mentioned in this paper, leading to the disintegration of public nuclear policy acceptance and the erosion of the common foreign and security policy consensus within the Alliance.
Abstract: No defence issues since the adoption of NATO’s strategy of flexible response and of the political goals of the 1967 ‘Harmel Report’ have been as divisive politically within governments, coalitions, parties, churches and trade unions in Western Europe. While the 1979 INF decision caused the formation of a new independent peace movement and posed a basic challenge to NATO’s nuclear posture and its first use option as well as to the search for alternative political and military security and arms control policies,1 President Reagan’s strategic vision of overcoming deterrence based on offensive nuclear weapons neither halted the disintegration of public nuclear policy acceptance and the erosion of the common foreign and security policy consensus within the Alliance nor persuaded the West European governments (who had implemented the INF decision at a high political price) and the European anti-nuclear movement to jump on the SDI bandwagon. Instead President Reagan’s ‘Star Wars’ vision and the subsequent SDI programme became even more divisive within coalition governments — in West Germany in particular — between France and the Federal Republic of Germany, within the Western European Union, and within the European Communities and the North Atlantic Alliance.2

Journal ArticleDOI
S Lal1
01 Jan 1987-Nature