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This Working Paper examines options for the design of a workable fiscal union for the euro area. It provides a comparative study of fiscal institutions in the US and euro area in order to supply lessons from the operation of the US fiscal regime that could inform the design of the, hitherto...
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China's major competitors, South Korea and Japan, over the period from 2000 to 2009. First, we analyse principal factors …Cost has a significant impact on competitiveness within the shipbuilding industry. In China, low costs have created … favourable conditions for domestic shipyards competing in the international market. However, China's shipbuilders have been …
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