As one of the most important consumer markets of wild animals and plants, their parts and derivatives, the European Union (EU) has a special responsibility for ensuring that trade in wildlife and wildlife products is sustainable and does not lead to species concerned becoming endangered. For...

This assessment of global megatrends focuses on the impact of global pressures on Europe. A global-to-European perspective is relevant for European environmental policy making because Europe’s environmental challenges and management options are being reshaped by global drivers such as...

Based on a literature review, this paper investigates the reasons why broad money demand has usually been found to be more stable in the euro area than in other large economies. The paper concludes that there are three main explanations for this fact. First, in some countries outside the euro...

Over the past decades, cross-border financial flows have increased in importance and have in many occasions exceeded the underlying current account positions. This phenomenon has been accompanied by an increase in the volume of international equity transactions that accentuate the role of...

This paper analyzes cooperation between sovereign national authorities in the supervision and regulation of a multinational bank. We take a political economy approach to regulation and assume that supervisors maximize the welfare of their own country. The communication between the supervisors is...