This report covers the main results of the study carried out on behalf of the European Commission in accordance with the service contract RTD/DirC/C4/2009/0268794 of 9 June 2009. The main objective of this project was to study, and report to the European Commission and to its Advisory Group1,...

The present study aims to create a transparent overview of how the interests of the EU and its Member States are best represented in selected international maritime organisations (IMAOs) and, where possible, to suggest mechanisms to ensure that the EU has a single voice on the international...

The collapse of the communist regime in Central and South-Eastern Europe gave way to sweeping economic and socio-political changes, marked by the conversion of centrally planned state economies into market economies, political liberalisation and democratisation, as well as to integration into...

The main objectives of the evaluation are: (i) to be accountable and to provide the relevant external co-operation services of the EC and the wider public with an overall independent assessment of the EC’s past and current co-operation relations with Nepal; and (ii) to identify key lessons in...

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...