long-standing rivalries. The lessons from Europe, however, cannot be applied directly as the degree of the European Union …'s supranationality is unthinkable elsewhere. This paper discusses how Europe overcame the specific problem of overlapping free trade …, and completed the full matrix of bilateral FTAs. After this, Europe had what can be thought of as a "customs union" for …

The purpose of this paper is to emphasize the importance of Europe's structural problems and governance as the cause of … relationship between the single currency and economic stability in Europe. We confirm the asymmetries that remained after the … introduction of the euro and then discuss the governance overhaul taking place in Europe today. This overhaul was something that …

Half of the world's population - 3 billion people - lives below the poverty line, and Asia has the largest share. In …

the world are wideranging and include development of technology, management, infrastructure, livestock, groundwater, and …

This paper seeks to add to the current debate about financial development and growth in the emerging world by looking … may be more fruitful for today's emerging world to concentrate more on addressing the needs of savers and borrowers in … each individual system. A major lesson for the emerging world from past financial development is that there are risks …