At the EU and national levels, regulatory authorities are implementing or planning reforms of institutional arrangements for financial supervision. In spite of integrated supervision and regulation at the EU level, EU Member States still retain enforceable supervisory power. Recent developments...

Financial Regulation and Supervision at the EU level has been implemented with the formation of the European Single Market. In the 1980s, there was a significant increase in the number of cross-border financial transactions as free capital movement within the EU territories, mutual recognition...

The global economic crisis has brought back into focus the need for a stable manufacturing base in advanced economies. Hence many debates shed new light on industrial policy with an aim to restore industrial competitiveness. In this context, this study reviews industrial strategies and policies...

The others argue that the debt crisis of the Southern European countries did not result from excessive social spending, but from failure in creating a positive relationship between the welfare system and economic growth. At this point, we can elicit some policy lessons as follows. First, it is...

Welfare spending continues to garner a bigger chunk of the national budget in Korea. This has become a key economic issue attracting much public attention. Fiscal conservatives call for tighter controls on welfare spending, while some are calling for greater welfare spending in order to temper...

This study provides implications for employment policies for the youth, women and the elderly. Korea is currently facing problems with employment, as did European countries during the 1990s and 2000s. In the context of low growth and high rates of unemployment, European countries rolled out...

This book illuminates the challenges that EU and member countries are currently facing, and those it has dealt with or must address in the future, going on to suggest possible implications for Korea. Each chapter represents the different perspectives of each author, converging to paint a picture...

China’s investment in the European Union (EU) increased significantly during the European financial crisis, but has been on the decline in recent years. The surge of Chinese investment has raised concerns and demands for analysis on the negative effects it could have on the EU companies and...