"Is the EU a force of convergence in the world? Standardizing the World offers a comprehensive assessment of the EU's efforts to standardize a wide array of economic, political, and social aspects of life through its trade agreements across the globe. A group of leading experts offers analyses...

Institutional factors that enhance the quality of financial reporting and sharing of credit information can alleviate informational gaps between contracting parties and improve loan contract terms. Using cross-country data on syndicated loans, we find that the cost of debt financing is lower for...