Die auf den Landwirtschaftsbereich begrenzten multilateralen Handelsverhandlungen wurden im März 2000 wieder aufgenommen. Wie im Artikel 20 des Agrarübereinkommens vorgesehen, entsprechen sie den Auflagen aus der WTO-Agenda, auf die sich die Mitgliedsländer in Marrakesch am 15. April 1994 bei...

Chinese accession to the WTO will give it the right to participate in the current agriculturalnegotiations. An obvious question is whether China’s accession is likely to make agreementin the agricultural negotiations easier or more difficult. China’s WTO membership will affectthe alliances...

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...

The paper examines the determinants of location choices of French multinational firms in eastern and western Europe. The sample includes 1,843 location choices in 19 countries over the years 1980-1999. The results suggest there might be important differences between the two regions of Europe...