The internationalization of financial markets is one of the focal points in the discussion about recent globalization trends. These discussions suggest that capital can move freely between countries. However, there is ample evidence that national borders do matter and that there are many...

Why regulation? -- Where are we coming from?... -- Tempering the tyranny of market powers -- The public cause of exploitation -- The art of steering public resources towards the common interest - the supranational approach -- The art of sector-specific regulation in the internal market -- The...