The world today finds itself in a recession. The global recession was caused by unsustainable borrowing provoked by the self destructive and incoherent “war on terror” in concert with irresponsible bank lending – bad debt. These policies have repercussions beyond the immediate recession:...

This contribution deals with the legal and institutional problems raised by the operation of the common currency in the euro Member States, and in particular with the legal framework needed to resolve the problems created by the currency crisis. The theoretical basis for the solution of these...

Among the many meanings given to the idea of a European ‘constitution’, perhaps the most widespread relates to the limitation and constraint of power. Missing from this conception, however, is arguably the very essence of genuinely ‘constituted’ authority: the capacity to mobilise fiscal...

This paper compares dynamic relationship between economic growth and corporate tax rate during the recent financial crisis and the non-crisis period using a panel VAR for 29 OECD countries over the period 1998-2016. The results show that corporate tax rate has a significantly negative effect on...

All of the attempts to end the euro crisis and to return the Eurozone countries to healthy growth rates of income and employment have failed. The options that are currently being discussed are not likely to be more successful

All of the attempts to end the euro crisis and to return the Eurozone countries to healthy growth rates of income and employment have failed. The options that are currently being discussed are not likely to be more successful.If there is a politically feasible way out of the crisis, it will be...