At present primarily governed by market forces with little regulatory interference, international financial relations have become increasingly important for global as well as national economies. Contributors to this volume consider whether this absence of regulation is wise, in the light of...

On 1 July 2012 it was one year since the Free Trade Agreement between the Republic of Korea and the European Union took effect. The trade pact dedicates Chapter 11 to competition in a broad sense and disallows and sanctions certain practices and transactions involving goods or services which...

European Union (EU) state aid policy has an oft-overlooked external dimension that is most clearly witnessed in the linkage with external trade relations. This paper seeks to illuminate the issues and potential problems raised by this state aid-trade linkage. If EU state aid creates barriers to...

"The book argues that a successful monetary and banking reform requires: a rollback of monetary nationalism and return to monetary internationalism; trust in the banking system with its basic functions restored; a balance between competition and solidarity in order to assure political and social...