Why are we rich and others poor? What is preventing the less-developed countries from catching up with the more developed? How did we become rich? Underlying these questions are more fundamental ones: What is the nature of economic progress? What are its causes? I seek the answers to these...

Climate disaster events are expected to displace at least 1.2 billion people by 2050. However, “climate refugees,” or individuals displaced in the context of disasters and climate change, lack international legal recognition and protection. In 2020, an international tribunal acknowledged in...

South-Eastern European (SEE) countries are typically keen to maintain the status quo in their energy systems, generally characterized by underinvestment, high coal share and utility affordability needs. Their energy mixes have historically been determined by external factors, currently mainly...

The recent European economic crisis has dramatically exposed the failures of the various institutional mechanisms in place to maintain economic stability in Europe, and has unveiled the difficulty in achieving international coordination on fiscal and financial stability policies. Drawing on the...

This article looks at the growing use of the counterfactual approach in European and UK competition laws. The term counterfactual has not been a feature of European competition law, with the exception of merger control, to date. However, with the move to an effects-based approach,...

This paper is the first that applies a new measure of competition, the Boone indicator, to the banking industry. This approach is able to measure competition of bank market segments, such as the loan market, whereas many well - known measures of competition can consider the entire banking market...

In the political declaration of the Withdrawal Agreement the EU should leave the door open for a free trade area for goods that has been suggested by the UK's Chequers proposals. The EU would profit from such an arrangement due to its comparative advantage in goods. However, in order to achieve...

In light of the UK Coalition Government's announced intention to reform APD (Air Passenger Duty), this article examines the design flaws making APD an inadequate environmental tax. By identifying the misconceived consequences and environmental inefficiencies of this blunt instrument, the need...

This document examines the successes and failures of the present Convention on International Trade in Endangered Species of Wild Fauna (CITES) and analyses its defects. Major changes are needed in the structure of the Treaty to overcome its perceived shortcomings. A Vision for a new treaty is...