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Persistent link: https://www.econbiz.de/10011791634
gap is above its long-runvalue, as it currently is, equilibrium is restored through anincrease in core goods inflation and …
Persistent link: https://www.econbiz.de/10005869744
identification of consumption contexts based on their building blocks (actors, goods, relationships), the basic classification of … that services are produced in two contexts: in the first type, consumers interact directly with goods; in the second, the … intermediation of frontline personnel comes into play. Actors and goods present in the consumption contexts are knowledge …
Persistent link: https://www.econbiz.de/10014333070
worldtradable goods prices. Indeed, trade prices were fallingthroughout Asia by similar magnitudes, regardless of howmuch each …
Persistent link: https://www.econbiz.de/10005869932
This paper examines the European Community’s regulatory regime for insurance with a view to current efforts to achieve a greater degree of market liberalisation on the global level. It draws on Peter Holmes’ and Alasdair Young’s argument that the EU has pioneered trade liberalisation in a...
Persistent link: https://www.econbiz.de/10009463693
This chapter asks why and how services that are not previously thought of as tradable have increasingly been opened up to international competition in EU member states including even in Germany. The chapter contrasts an explanation that focuses on the impact of economic interests with an...
Persistent link: https://www.econbiz.de/10009463700
[From the Introduction]. This paper reviews single market regulation, with particular reference to the financial sector and uses this as a foundation to consider the process whereby a European market is developing. Unlike much previous analysis which has emphasized the role of state interests...
Persistent link: https://www.econbiz.de/10009463725
This paper outlines the changing financial scene in The Czech Republic, which is following the global pattern of institutional investors taking over the role of commercial banks as relationship banking is gradually giving way to transaction-driven banking. Investment-grade companies have become...
Persistent link: https://www.econbiz.de/10009463761
Starting in January 2005, all companies located in the European Union (EU) have to use the accounting standards promulgated by the International Accounting Standards Board (IASB). At a stroke, accounting standards for the consolidated accounts of companies whose shares are listed on an EU stock...
Persistent link: https://www.econbiz.de/10009463770
In the last two years, the major jurisdictions for equity trading, the U.S. and the E.U., introduced significant reforms in their market structure regulation, following diametrically opposite approaches. While the E.U. effort is deregulatory and decentralized, aiming to facilitate competition...
Persistent link: https://www.econbiz.de/10009463812