stronger shareholder protection and if the target’s industry is more competitive. We conclude that the international market for …

, monetary and fiscal issues, global liquidity, and national and international economic developments …

This paper highlights key issues pertinent for the understanding of international effects of domestic tax policies and … of international tax harmonization. The analytical framework adopts the saving-investment balance approach to the … analysis of international economic interdependence focusing on income, consumption, and international borrowing. A simulation …

This paper develops a simple model of an international lender of last resort (ILOLR). The world economy consists of … fragility of the banking system and the limited ability of a domestic central bank to provide international liquidity together … can cause currency and banking crises. An international interbank market can help an economy with the needed international …

be achieved. Current approaches to avoiding insolvencies generally involve international enforcement mechanisms. Among … these are the sovereign debt restructuring mechanism (SDRM), and, more generally, an international bankruptcy court. We … much enforcement capability as an international bankruptcy court, hence they would be easier to introduce. The first of …

-not (necessarily) as a source of development finance). The case for such taxes is strong: the tax burden on international aviation is …