Showing 1 - 10 of 17
In the last decade or so, the EU has adopted a number of legislation aimed at liberalising network industries and developing an EU-level regulatory framework for those industries. Against this background, we examine the extent of liberalisation and the nature of market performance in a group of...
Persistent link: https://www.econbiz.de/10009463752
The financial crisis exposed dangerous weaknesses in the regulatory and oversight structure that need to be urgently corrected to restore confidence in the financial system and to keep the single market alive. Towards this end, this CEPS Task Force report puts forward three main policy...
Persistent link: https://www.econbiz.de/10009463765
The EU financial services industry has experienced an enormous regulatory adaptation over the past decade. The dust that had been thrown up by the 1992 programme had barely settled when a new regulatory programme was announced covering 42 measures that had to be implemented by 2005. Exchange...
Persistent link: https://www.econbiz.de/10009463829
Now that the worst of the financial storm is over, regulators are setting new strategies to deal with the systemic importance of the €427 trillion ($604 trillion) over-the-counter (OTC) derivatives market. This paper explores the three major sources of disruptive effects in OTC derivatives:...
Persistent link: https://www.econbiz.de/10009463883
Now that the worst of the financial storm is over, regulators are setting new strategies to deal with the systemic importance of the €427 trillion ($604 trillion) over-the-counter (OTC) derivatives market. This paper explores the three major sources of disruptive effects in OTC derivatives:...
Persistent link: https://www.econbiz.de/10009463898
In the last two years, the major jurisdictions for equity trading, the U.S. and the E.U., introduced significant reforms in their market structure regulation, following diametrically opposite approaches. While the E.U. effort is deregulatory and decentralized, aiming to facilitate competition...
Persistent link: https://www.econbiz.de/10009463951
This paper assesses whether disparities in regional public infrastructure endowments can explain regional disparities in labor productivity among European regions. Using a large sample of European regions, I distinguish the effects of overall infrastructure endowment from the effect of three...
Persistent link: https://www.econbiz.de/10009463690
In spite of the major expense of improving the Eastern European telecommunications infrastructure - - hundreds of billions of dollars over at least a decade - - academic networks provide an interim capability for researchers that is quite promising. Since Western European nations have been...
Persistent link: https://www.econbiz.de/10009463849
Significant growth in mobile media consumption has prompted a call to better understand the socio-cultural and policy dimensions of consumer choices. Contrary to industry and technology led analysis, this study argues that to guide consumer choice and innovation via regulatory policies requires...
Persistent link: https://www.econbiz.de/10010943160
Information and Communications Technology (ICT) has become a necessity in social and economic development and is a leading sector to enable and drive growth in other sectors in Cambodia such as education, agriculture, and health. Recently, the mobile telecom service market in Cambodia has...
Persistent link: https://www.econbiz.de/10010956260