The authors pick up the current discussion on taxation policy and tax competition. They provide a readily comprehensible description of tax competition phenomenon as well as a clear normative discussion of suitable and unsuitable forms of this competition. In doing so, they devise a system of...

Bilateral investment treaties (BITs) and investor-state dispute settlements (ISDS) have become highly controversial. The authors review the evidence and discuss the pros and cons of BITs and other investment agreements. Many observers are concerned that Transatlantic Trade and Investment...

Complementing the statutory pay-as-you-go pension system in Germany by a publically subsidised system of capital-funded private pensions makes sense. However, the existing system suffers from some central weaknesses: the defective regulation regarding commission-based selling of policies,...