Between 1829 and 1853, the Lower Danube region became one of the strategic grain supply points for the Mediterranean entrepôts and a source for supplementing Britain's food requirements. The Crimean War ended in 1856 with Russia's removal from the Mouths of the Danube. In this context, in...

The 1992 'Single Market' failed to create a real single market for financial services across Europe. However, the boom in bond issuance (stimulated by EMU) and the coincidental equity issuance boom have both led to dramatic changes in the infrastructure of financial markets. So, the EU is well...

2004 wird die Europäische Union voraussichtlich zehn neue Mitglieder aufweisen. Acht von ihnen sind Transformationsökonomien mit den damit verbundenen besonderen Merkmalen ihrer Finanzsektoren. Deren Transformation hat in den vergangenen Jahren große Fortschritte gemacht, ist jedoch...

Die Volkswirtschaften Ost- und Südostasiens wachsen wirtschaftlich immer stärker zusammen. Der intraregionale Handel und die wechselseitigen Direktinvestitionen haben in den vergangenen Jahren stetig an Bedeutung gewonnen. Nur die Integration der Finanzmärkte der Region ist bislang weniger...

The Italian credit and financial system was the result of progressive developments that accelerated during the process of Italian unification. Our essay analyses the role of local private bankers in modernizing the economic and financial system of the country and the way in which the gradual...

On 1st January 2015 the Eurasian Economic Union (EAEU) - a new integration block comprising initially Belarus, Kazakhstan, and Russia, and later that year also Armenia and Kyrgyzstan - appeared on the world map. This paper endeavors to identify the EAEU countries' long-term international...

With the implementation of the Russian import ban as a countermeasure to the EU sanctions in the context of the Ukrainian crisis, trade relations between the EU and Russia reached their lowest level in 2014. In this paper, we model several trade policy scenarios and assess their effects on...