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...

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...

This report provides an overview of the development of the negotiations within the UNFCCC since COP 17 in Durban. It summarises the key developments in 2011 and provides short overviews for all negotiation areas. The overview also includes a state of play of the Cancún Agreement and explains...

This report provides an overview of the development of the negotiations within the UNFCCC since COP 18 in Doha. It summarises the key developments in 2013 and provides short overviews for all negotiation areas. The overview also includes a state of play of the Doha Climate Gateway and explains...