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The central cause for the crisis in Europe is not undisciplined spending by profligate states, but the asymmetric structural symbiosis between states and banks. Under the current European regime states are lenders of last resort for banks and banks are lenders of last resort for states. That...
Persistent link: https://www.econbiz.de/10010955103
Over the past two decades, reliance on short-term contracted staff has increased in government institutions across the Western world. This tendency towards contracted government may be strengthened during periods of economic and financial stress. This article therefore poses the following...
Persistent link: https://www.econbiz.de/10010956226
Most work studying micro-processes of integration - i.e. how agents develop identities and decision-making behaviours within a particular institution - offers explanations based on either instrumental rationality or socialisation. This article proposes a twodimensional framework that allows...
Persistent link: https://www.econbiz.de/10009397099