This paper evaluates the environmental impacts of economic growth and trade liberalization in India. The empirical strategy in this paper is to estimate the scale, technique and trade-induced composition effects of trade liberalization on pollution. We collect data across major industrial states...

This paper analyses the different channels through which particular generations within one society can end up subsidising other generations through the functioning of the welfare state. The welfare state, which is organised and funded by “society” through taxation, plays an important part in...

This paper focuses on an issue, which so far has received relatively little attention by policy makers and the media, namely that the economic crisis has highlighted inherent weaknesses in existing pension systems in many countries. Using the example of the UK, the paper argues that the economic...

There is currently a strong perception that public sector pensions are generous relative to those offered in the private sector, leading them to be branded “gold plated”. This study argues that pensions should be considered deferred pay; as such any discussion on the relative generosity of...

Pension reforms have been high on the political agenda in many developed countries over recent years and pension issues have been discussed intensely in the public as a result. In recent years, much effort has been devoted to make state, public and private pension systems fiscally more...

Das Wirtschaftswachstum eines Landes hängt immer stärker von dessen Innovationsfähigkeit ab. Ohne ein leistungsfähiges und international vernetztes Innovationssystem wird Deutschland den zunehmenden Herausforderungen im Zuge der Globalisierung immer weniger gewachsen sein. Über die...

Den Landesbanken fehlt ein sinnvolles und tragfähiges Geschäftsmodell. Die internationale Finanzkrise hat dies in aller Schärfe deutlich gemacht. Bereits vor der Abschaffung der umfassenden staatlichen Haftungsbedingungen im Jahr 2005 galten einzelne Kreditinstitute aus der Gruppe der...