The purpose of this paper is to give an account of the debates regarding the implementation of a banking union in Europe that took place in Bruges in April 2013 at a Conference co-organised by the College of Europe and the European Commission's Joint Research Centre (JRC). The benefits to be...

The paper examines the behaviour of 100 firms interviewed regularly between 1993-4. It reaches the following conclusions:1) Following the inter-enterprise debt (IED) crisis of 1992, most firms have switched to a `pay-in-advance' system, which pushed firms towards a `hard budget constraint'...

Que révèlent les scandales financiers récents (Enron, Worldcom...) ? Les failles des normes comptables, l'imbrication trop forte de certains métiers (par exemple l'audit et le conseil), l'insuffisance de la "corporate governance" et plus généralement des modes de régulation ? Comment...

La loi organique sur les lois de finances (LOLF), adoptée en 2001, est pleinement mise en application depuis janvier 2006. Cette loi s'inscrit dans un mouvement visant « à substituer un fonctionnement managérial à un fonctionnement juridique » basé sur deux grands principes :...

This report focuses on the principles presiding over the implementation of the LOLF, which, the authors note, is part of a movement towards ‘the substitution of managerial functioning for legal functioning’ based on two major principles: the improvement of public sector management and...