"The collapse of the Bretton Woods system in the early 1970s resulted in a transition to fluctuating rather than fixed currency system. This brought sterling into the turmoil of the world currency markets, and by the end of the 1970s, sterling had quietly ended its role as an international...

The paper shows that central bank communication is a key determinant of the market's ability to anticipate monetary policy decisions and the future path of interest rates. Comparing communication policies by the Federal Reserve, the Bank of England and the ECB since 1999, we find that...

Hayward, K.: The globalisation of the defence business. - S. 8-15. Clark, B.: More harm than good? The dangers of defence industry consolidation. - S. 16-21. Crane, C.: Dealing with reality. The difficulties of European consolidation. - S. 22-27. Henneberg, S. von: Is bigger always better? A...

In the past 40 years, the EU has established a very successful and effective civil judicial cooperation scheme that applies to reduce barriers caused by coexistence of different legal systems to smooth cross-border activities and transactions in the single market. This scheme would cease being...