Die Biogaserzeugung in Deutschland hat sich in den letzten Jahren sehr dynamisch entwickelt. Nicht nur die Anlagenzahl ist rasant gestiegen, auch Anlagengröße, Technologien und Betreiberkonzepte haben sich verändert. Dabei haben neue Kooperations- und Governance-Strukturen an Bedeutung...

It is neither likely nor desirable for central banks to exit from unconventional monetary policies in the near future. However, it is important that central banks develop an exit strategy, evaluate the merits of new and old monetary policy tools and communicate with the public so as to maintain...

This essay reflects upon the relationship between the current theory of financial intermediation and real-world practice. Our critical analysis of this theory leads to several building blocks of a new theory of financial intermediation. Current financial intermediation theory builds on the...

This is the text of the Raul Prebisch Lecture, given at UNCTAD IX in Johannesburg on 29th April 1996.

The dynamic multi-country model developed in this paper focuses on the interaction between education, international trade and economic growth. The model distinguishes between two froms of human capital, knowledge and efucation. Both are required in production. The objective is to examine how...

The wrongly called free trade between the first economic Power in the world and a backword country as Colombia, based on the experience of the Free Trade Agreement (TLC) between Mexico and USA, is shown, in practice, as assuring structural disequilibrium for Colombian economy and society....

Offshore Finance Centres (OFCs) have proliferated since the 1960s and many small jurisdictions and microstates around the world now host OFCs as part of the increasing globalisation of financial capital. This paper argues that microstates are becoming increasing vulnerable to forces outside of...