The European Neighbourhood and Partnership Instrument (ENPI) was created as a successor to the cooperation programmes TACIS (for the Eastern European countries) and MEDA (for the Mediterranean countries), with enlarged objectives and an increased budget. It was operational from January 2007, and...

Some regulation is needed to enhance growth and economic welfare, but too much undermines productivity. Generally, the UK seems lightly regulated, especially in its international transactions, and it has a public enterprise sector small in both size and scope. Yet British business has become...