Following the economic and political reforms international private capital started flowing into the emerging market economies of Central and Eastern Europe reducing the official capital flows to the region. The composition of private capital flows showed continuous dominance of direct equity...

The first coalition government in Germany between Social Democrats and Greens aimed primarily at reform legislation in a series of policies. This paper examines three policy areas of direct concern to business – job creation, codetermination, and tax policy. It argues that the coalition...

This paper locates the collapse of East German communism in Marxist-Leninist monetary theory. By exploring the economic and cultural functions of money in East Germany, it argues that the communist party failed to reconcile its ideological aspirations ­ a society free of the social alienation...

In this essay attention is focused on the persistence of colonial loyalties despite the profound crisis at the center of the Spanish monarchy as a result of the Napoleonic invasion of the Iberian peninsula. One clear indicator of colonial support can be found in the review of the numerous loans...

The paper presents the first results of the research project “Low Emission Lifestyles – Communication and Participation Strategies for Hyderabadâ€. This project addresses the challenges of a society-wide transition towards sustainability in the context of so-called...

"...It is impossible for any community to have very full employment and completely free collective bargaining and stable prices. Either one of the three will be completely sacrificed, or else all three will have to be modified." "...In the last resort the answer will be given not by economists...

Europe’s single currency is widely invoked as a potential solution to the monetary and exchange rate problems of other regions, including Asia, Latin America, North America and even Africa. This lecture asks whether the Europe’s experience in creating the euro is exportable. It...

Now that the decision has been taken to admit to the European Union eight of what were once called the transition economies, attention has naturally turned to whether these countries should also join Europe’s monetary union. But where is a consensus that joining the EU, while posing...

The reform of German company law by the Control and Transparency Law (“KonTraGâ€) of 1998 reveals politics of corporate governance liberalization. The reforms strengthened the supervisory board, shareholder rights, and shareholder equality, but left intra-corporate power relations...