Danish business cycles from 1974 to 2000 are studied. The HP-filter and the Baxter-king filter are applied and several empirical regularities are identified: Consumption tends to lead the business cycle while investment, especially construction, follows with a lag. Export does not covariate...

Twenty years ago, in the pages of the Journal of Common Market Studies, Hedley Bull launched a searing critique of the European Community's 'civilian power' in international affairs. Since that time the increasing role of the European Union (EU) in areas of security and defence policy has led to...