The paper investigates the influence of outside options on the predatory behavior of autocrats. An outside option is referred to as the opportunity of an incumbent ruler to continue his career outside his current territory of control. The paper uses data on the effectiveness of tax collection...

The paper considers the evolution of the processes of the regional integration in the post-Soviet space and in the broader space of the Eurasian continent. It points out the main directions of the formation of the Eurasian continental integration from the point of view of the intergovernmental...

The aim of the paper is to understand the specifics of the interaction of two models of regional economic integration co-existing in Eastern Europe: the post-Soviet integration and the cooperation with the EU. The paper claims that institutional competition between integration projects may...

The paper discusses the influence of processes of regional economic integration on the interaction of the government and private agents. It shows that specifics of the integration model influences the transformation of government-business relations by intensifying the interjurisdictional...

Az úgynevezett lisszaboni folyamat az Európai Unió fontos kezdeményezése, amelyet rejtélyek öveznek. Ez a tíz évre, az EU egészére szóló stratégia olyan nagyra törő célokat fogalmaz meg, amelyek eddig csak a központi tervezésű gazdaságokra voltak jellemzők. Szakmai...

Europe's monetary union is part of a broader process of integration that started in the aftermath of World War II. In this "political guide for economists" we look at the creation of the euro within the bigger picture of European integration. How and why were European institutions established?...

The paper analyzes the conditions under which the smaller of two otherwise identical countries prefers the non-cooperative Nash equilibrium to a situation of fully harmonized tax rates. A standard two-country model of capital tax competition is extended by allowing for transaction costs,...

The paper studies the role of capital mobility for efficiency of decentralized fiscal policies in a tax competition model where only a distorting wage, the residencebased and the source-based capital tax are available. We extend Bucovetsky and Wilson (1991) in deriving second-best taxation rules...

This paper examines the optimal entry policy toward oligopoly in a global economy. We show that free entry results in too much competition for the world, but each country's corrective tax policy, unless internationally coordinated, proves suboptimal because of international policy spillovers....