On 3 May 2005, the Committee of European Securities Regulators (CESR) has presented the second part of its final advice on implementing measures of the EC Directive for Markets in Financial Instruments (MiFID). Against the background of the abstract framework of the Directive, the advice defines...

"One Belt, One Road" is an extensive and complex initiative whose potential effect and influence are still currently pending for answers. This paper addresses the following research question: What is the effect of the New Silk Road intercontinental railways on the trade between China and its...

The Belt and Road initiative, recently embarked on by China, aims to improve cross-border infrastructure in order to reduce transportation costs across a massive geographical area between China and Europe. We estimate how much trade might be created among Belt and Road countries as a consequence...