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The key dynamics of the transatlantic banking crisis are analyzed – with emphasis on the fact that the banking disaster of 2007/08 was not really a surprise –, and the five key requirements for restoring stability and efficiency in the EU/OECD banking sector are highlighted. Most important,...
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Deregulation, privatization and internationalization of the telecommunications industry has brought about enormous changes within both the European and world economy. The dynamics of the Internet and the recent wave of innovations in the telecommunications and computer industry have given rise...
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In this study we find that the set of policies that favour liberalization in credit markets (regulatory quality) are negatively correlated with countries' resilience to the recent recession as measured by output growth in 2008 and 2009
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