This paper examines the evolution of the EU’s trade in services over the 2004-2008 period in comparison with its trade in goods. It aims to disentangle the main trends shaping the EU’s services trade flows under the impact of increasing globalisation and the last two waves of EU enlargement....

The paper “Corporate governance in the 2011 of financial crisis: evidence from financial institutions worldwide” examines the role of corporate governance in the financial crisis. A large number of financial institutions have collapsed or were bailed out by governments worldwide since the...

The financial crisis gave an impetus to finding “weaknesses” in financial institutions. One such tool is the stress-testing. This method is intended to identify through modeling “hypothetical” or “historical” scenarios, the most losses, in the execution of a script. In the simulation...