Sugar has always been a highly political and controversial commodity, but never more so than at the present time. The uneasy rivalry between cane and beet sugar, the products of tropical and temperate countries respectively, is giving way to open conflict.

In response to the financial crisis, the ECB has had to adopt new instruments to support the euro area economy and preserve the integrity of the single currency. This has challenged the current framework of the Monetary Dialogue exercise. This paper briefly assesses the implications of enhanced...

Recent public debate on the costs and benefits of EU membership has focused more on the costs and less on the benefits. This paper explores the benefits from improved regulatory or policy implementation and enforcement. If actual regulatory enforcement differs from the socially optimal level,...

The EC Council of Ministers seems to have made up its mind to admit Greece to the Community. If so, the accession of the other South European countries willing to join - Spain, Portugal and Turkey - is merely a question of time. What are the implications of such an enlargement of the EC for the...

Hamburg's trade has profited from the dynamic effects of the European Common Market. In the following interview Dr Fahning, Director of the Hamburgische Landesbank-Girozentrale, gives his views on the importance of the EEC enlargement for the Hanseatic City.