In the recent years Danish companies have increasingly acquired foreign companies and vice versa. The size of some company acquisitions surpasses the daily turnover in the foreign exchange market for kroner. A case study in this Economic Memo shows that large company acquisitions have not...

Somalia has been without effective state institutions since 1991. Over the past two decades, moderately effective state-like institutions have been rebuilt in Somaliland and Puntland in northern Somalia, but they do not enjoy international recognition and are limited in power and scope. This...