All advanced industrialized societies face the problem of air pollution produced by motor vehicles. In spite of striking improvements in internal combustion engine technology, air pollution in most urban areas is still measured at levels determined to be harmful to human health. Throughout the...

This paper studies the relevance of strategic trade effects in the environmental policy for the European electricity sector. The production, investment and trade of electricity are modelled for four European countries. Three market regimes are distinguished: perfect competition, price regulation...

France has a very ambitious environmental-policy agenda, aimed chiefly at cutting greenhouse gas (GHG) emissions but also at dealing with local air and water pollution, waste management and the conservation of biodiversity. The laws that followed the Grenelle de l'environnement encompass policy...

This paper offers a quantitative description of European private equity markets and compares the recent development in these markets with the development of the US venture capital market. Moreover, the paper addresses the differences between private equity investors acting in a single national...

During the First World War, the film industry of the major European countries experienced a lasting crisis, which necessitated significant restructuring and prompted appeals for state intervention to counterbalance the invasion of American films. As the extent of this crisis did not affect all...

Replacing the US nuclear guarantee with a French nuclear umbrella for Europe would face major political and logistical challenges. Nevertheless, given the growing uncertainty in Europe and Asia, the German government should consider scenarios and options that go beyond today's deterrence...

Michael Cannon and Michael Bechtel explain how despite the history of global climate negotiations being a history of policy failure, multilateral approaches to climate policy could still be an important tool for addressing climate change, war, hunger and poverty, economic meltdowns, and public...