This book explores the diverse challenges facing the EU and in particular examines the impediments to financial stability and sustainable growth and how these can be overcome. Among the topics explored are the extent to which monetary union has favored real convergence, competitive imbalances in the eurozone, and the impacts of austerity measures. Potential solutions are closely scrutinized, highlighting the need for linked fiscal, monetary, credit, and investment choices. Opportunities for public and private investment in infrastructure, human capital, the environment, and innovation are emphasized, as is the role of fiscal stimulus targeting aggregate demand and output. Detailed attention is paid to the importance of coordination of macroeconomic policies and the scope for reforms in EMU design and EU governance. In this context, the proposals in the recent Five Presidents´ Report are assessed, along with other ideas regarding progressive steps aimed at closer economic, financial, and political union in the medium to long term. Readers will also find separate scrutiny of the Greek crisis and the effectiveness of the third economic adjustment programme. The book comprises a selection of contributions presented at the XXVIII Villa Mondragone International Economic Seminar.
Master´s Thesis from the year 2016 in the subject Business economics - Accounting and Taxes, grade: 1.7, University of Mannheim, course: International Taxation, language: English, abstract: The thesis analyzes how European countries deploy different fiscal instruments (i.e., fiscal barriers and incentives) in the context of tax competition. The first part of the thesis (International Taxation) gives a brief introduction to the aspects of international taxation which are relevant for the subsequent analysis. The second part (Fiscal instruments in the context of tax competition) provides a detailed overview of the fiscal incentives and fiscal barriers that are used in the context of tax competition. Moreover, through the application of a scoring system, it provides a detailed assessment of each country?s positioning (i.e., competitive vs. defensive) with respect to individual instruments as well as on an aggregate basis. Building on these findings, the third part (Quantitative analysis) of the thesis provides a further, quantitative analysis. It analyses the correlation of fiscal instruments with one another as well as with selected attributes of the countries (e.g., the size of the economy). Thirty European countries were analyzed: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland and the United Kingdom.
Learn the best practices of dimensional design. Star Schema: The Complete Reference offers in-depth coverage of design principles and their underlying rationales. Organized around design concepts and illustrated with detailed examples, this is a step-by-step guidebook for beginners and a comprehensive resource for experts. This all-inclusive volume begins with dimensional design fundamentals and shows how they fit into diverse data warehouse architectures, including those of W.H. Inmon and Ralph Kimball. The book progresses through a series of advanced techniques that help you address real-world complexity, maximize performance, and adapt to the requirements of BI and ETL software products. You are furnished with design tasks and deliverables that can be incorporated into any project, regardless of architecture or methodology. * Master the fundamentals of star schema design and slow change processing * Identify situations that call for multiple stars or cubes * Ensure compatibility across subject areas as your data warehouse grows * Accommodate repeating attributes, recursive hierarchies, and poor data quality * Support conflicting requirements for historic data * Handle variation within a business process and correlation of disparate activities * Boost performance using derived schemas and aggregates * Learn when it´s appropriate to adjust designs for BI and ETL tools