Over the last few decades Robert Mundell's theory (1963) of Optimum Currency Areas (OCA) has attracted significant attention between researchers and policy makers especially after the formation of the European Monetary Union and the debate over whether the eurozone countries actually consist an...

In recent years, much attention is being paid to the issue of taxation in Canada. Many economists, politicians, especially of the opposition at the time, and the public, believe that the tax burden is becoming unbearable. Others argue that the debt is already very high to consider a reform of...