The first part of this paper gives an overview on the difficult preconditions of a European social policy by analysing the different models of market economies ('varieties of capitalism'), types of welfare states and systems of labour relations within the EU. These different types of market...

The paper investigates the casual relationship between government expenditure, GDP and exports for Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka for the period between 1960 and 2010. Using cointegration and Granger causality, the results suggest that there exists...