European integration is expected to enhance the attractiveness of EL) countries for domestic and foreign investors. This has caused concerns in developing countries that foreign direct investment there may be diverted to Europe. In preparing for the Single Market, European companies have indeed...

The Asian financial crisis (1997) and the European crisis (2009) have both contributed to the development and deepening of regional safety net arrangements. This paper analyses the relationships between global and regional financial safety nets, and uncovers the potential tensions and...