The United States has led the market liberalisation that has occurred over the past 15 years. Changes in the United States have not been trouble free. However, according to most impartial academic studies, changes in sectors such as aviation have generated net welfare gains. Other countries and...

"This paper examines the economic implications of the privatisation that has been occurring in Europe. Different sectors and different countries have developed separately, but policymakers can learn common lessons. Considerable experience of privatisation has produced a mounting body of...

This paper reviews the alternative labour market scenarios open to European policymakers in the current movement towards enhanced economic and political integration. To clarify the various issues, the paper dichotomises the policy alternatives into two camps: "euro-liberalists" and...