<title>ABSTRACT</title> Although the energy trade is the single most important element of nearly all European countries' relations with Russia, Europe has been divided by both worldview and practice. Why, in the face of the common challenge of dependence on imported Russian gas, have national reactions to such...

The authors argue that what success Malaysia had in implementing capital controls recently will rarely work in other nations. If controls are to be adopted, they must be agreed to multilaterally.

Abstract is not available