This book highlights the achievements and challenges of the ongoing process of financial integration in Europe. This unique collection will be of great interest to economists and experts in the fields of financial markets and European integration from central, commercial and investment banks,...

1. The essence of the problem -- 2. The trade perspective -- 3. National accounting perspectives -- 4. The international perspective -- 5. Nature of the adjustment mechanisms -- 6. The sustainability of the deficit -- 7. The demand for US assets -- 8. China and the United States -- 9. Conclusion.

Contrasting architectonics for a theory of public finance -- Property, state and public finance -- State and market : a two-forum societal architecture -- Political entrepreneurship within the ecology of enterprises -- The economic organization of political enterprises -- Revenue extraction :...

The question of why citizens pay their taxes has attracted increased attention in the tax compliance literature of late. In this book, Benno Torgler considers the evidence that suggests that enforcement efforts cannot fully explain the high degree of tax compliance within society. To attempt to...

1. Introduction : catch-up -- 2. Export-oriented growth : positive aspects -- 3. Institutionalizing an export-oriented regime -- 4. Trade pattern in the early phase of catch-up -- 5. The engine of catch-up : big conglomerates -- 6. Growth and equity -- 7. Experiences of East Asian NICs -- 8. The...

1. Public sector shock in Europe : between structural reforms and quantitative adjustment / Daniel Vaughan-Whitehead -- 2. Public sector adjustment and the threat to gender equality / Jill Rubery -- 3. Early application of fiscal austerity measures in the Baltic states / Jaan Masso and Kerly...

Every year the Institute of Economic Affairs and the London Business School publish a volume of essays about Britain's system of utility regulation, with additional discussion of regulation in other countries. The book is a must for those interested in regulation, because it is an up-to-date...

This book presents simple models of the major alternative types of political regimes, estimates of the parameters of these models, and quantitative estimates of the fiscal choices and economic outcomes of these regimes. William Niskanen provides valuable analysis of the effects of the voting...