The key dynamics of the transatlantic banking crisis are analyzed - with emphasis on the fact that the banking disaster of 2007/08 was not really a surprise -, and the five key requirements for restoring stability and efficiency in the EU/OECD banking sector are highlighted: Hedge funds should...

The analysis considers the impact of FDI inflows and FDI outflows and shows that the presence of (cumulated) FDI requires higher import elasticities in absolute terms than stated in the standard Marshall Lerner condition. One may derive a range for the elasticity of the ratio of exports to...

The Analysis puts the focus on links between EU-integration and globalization. The EU is active in the process of globalization, particularly through the EU single market and EU eastern enlargement. As regards major other impulses for economic globalization the focus is on technological progress...