Global banks are changing. With a new set of rules come new business models. We review the international dimension of the financial crisis, centring on cross-border losses and cross-currency funding problems that prompted authorities to adopt wide-ranging rescue measures and liquidity...

The lack of anticipation of a worldwide disruptive event such as the spread of the COVID-19 combined with the breakdown of market mechanisms for the most essential products needed to fight the disease left the governments of many countries unsure of how to react and, often, constrained their...

Pension systems are core institutional arrangements that are expected to be stable and reliable over consecutive generations. Nevertheless, reforms in pension provision intensified over the past decades, with several countries opting for privatisation of their pension system. We ask which...

The prosperous capitalistic society is a relatively new occurrence. It emerged as a result of several developments which increased the world GDP per capita six-fold between 1900 and 2000. The COVID-19 pandemic has demonstrated how vulnerable and fragile the prosperous society is. Its stability...

Accurate counts of cases and deaths are critical for devising an optimal pandemic response. Yet, as the COVID-19 pandemic has progressed, so too has the recognition that cases and deaths have been underreported, perhaps vastly so. Here, we present an econometric strategy to estimate the true...

We examine the impact of the rapid spread of the COVID-19 pandemic and the nationwide movement restrictions on socio-economic attitudes in four European countries (France, Germany, Spain, and the United Kingdom). We conducted large-scale surveys while the pandemic rapidly spread before and after...

The rapidly expanding corona pandemic in 2020 has largely brought the world to an economic stagnation. The impact on the environment, especially on air quality, from almost suspended air traffic, idle industry and economic lockdown is enormous, but also the economic and social consequences of...

Notably, the 20th century was dominated by the legacy of devastating global wars, colonial struggles, and ideological conflicts as well as effort s to establish international systems that would foster global peace and prosperity. Yet, insecurity and corruption not only remain, they have become...

Globalisation has made many issues and challenges unsolvable by an effort of a single sovereign state (hereinafter referred to as ‘state’). States must work with others and establish global rules and regulations to address them. Growing international organisations and international laws,...

The political theory focus of this paper is the relevance of corporatism to meet the nationalist backlash against the increasing global interdependence that elites encouraged through neoliberal strategies. The paper analyzes the Trump administration’s resistance to international cooperation to...