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...

This report explores the employment impact of globalisation and reviews the attitudes and responses of national governments and the European social partners to this phenomenon. It first looks at the attitudes of the different stakeholders in the 27 Member States of the EU, including Bulgaria and...

This briefing paper provides critical reflections on the European Commission Communication: u0091a European agenda for culture in a globalising worldu0092 of 10th May 2007. It highlights some potential points of progress that have been proposed to improve the EUu0092s difficult and faltering...