Among a wider public, global market integration is often taken for granted. Products offered in local stores typically originate from all over the world. Goods may also have crossed borders numerous times during the production process. Online marketplaces, such as eBay, facilitate effortless...

IBOR manipulation imposed new benchmark regulations that force the market to enter a path of a reform of existing financial indices and creation of the new ones. The paper describes an evolution of two IBOR panels: one representing a global financial benchmark: LIBOR and the other representing a...

Processes of regional economic integration have been shaping the economic relations between countries significantly during the last decades. In addition, an increasing integration of the national economies into the global economy has affected these economic relations, too. In an effort to...