Last year's Budget presented by the Chancellor of the Exchequer, Gordon Brown, on March 17, 1998, proposed radical changes to the way the capital gains of individuals and trusts are to be taxed in the United Kingdom. These changes--and in particular the abolition of indexation for assets...

The liberalisation and privatisation of network utilities lead to the establishment of regulatory regimes. On the national level, regulatory regimes not only include a highly visible single regulatory body, they also combine three institutions: a sector-specific regulatory agency, a ministry and...

Deutschland und Großbritannien haben ihre Bahnsektoren Mitte der 1990er Jahre mit zwei unterschiedlichen Modellen privatisiert, liberalisiert und reguliert. Welchen Anteil hatten die Regulierungsregime an dem relativen Mißerfolg der Bahnreformen? Die Studie untersucht die Leistungsfähigkeit...