Societies provide institutions that are costly to use, but able to enforce long-run relationships. We study the optimal decision problem of using self-governance for risk sharing or governance through enforcement provided by these institutions. Third-party enforcement is modelled as a costly...

We live in a service economy, but the extent of development of service employment differs across developed countries. This paper assesses the role of structural factors and institutions in explaining the common patterns and main differences in the recent expansion of service employment in OECD...

Inspired by a European spirit, the EU's national economic and social councils and the EESC worked together tirelessly to create a European network of economic and social councils. Thanks to the commitment of the presidents and members of all the councils, the network has helped forge systematic...

New technology and improved access to the internet have led to a proliferation of information and new opportunities in the field of education. This working paper addresses the enormous impact information and communication technology has had on education and training as well as the benefits,...