Legislative oversight of executive decisions to deploy (particularly) troops abroad is seen as a key agent of democratic legitimacy. However, parliamentary scrutiny of ESDP is at present deficient. The combination of supranational and intergovernmental elements that comprise the EU make for an...

With the “Agreement of Geneva” the dispute about the banana imports over 15 years seems to come to an end. The liberalisation caused by this agreement will have a substantial impact on the international banana market. In order to estimate the possible effects and measures to be implemented...

The EU frequently imposes sanctions on countries that violate human rights and democratic principles in third countries. It does this most frequently within the context of the Common Foreign and Security Policy (CFSP), which usually, but not always, implements action taken by the UN Security...

...l’insertion dans la mondialisation pourrait être mieux maîtrisée et, transitoirement, la politique commerciale extérieure commune, en mettant dans une certaine mesure le marché communautaire à l’abri de chocs commerciaux trop forts en provenance de pays tiers, pourrait favoriser la...

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...