After analyzing the different reasons why the financial system and also the regulatory framework induced procyclicality, this paper reviews the experiences of three countries which have introduced dynamic provisioning as a regulatory tool to limit procyclicality. The case of Spain - the country...

The drug trade as a global and national phenomenon -- Analytic perspectives for explaining the drug trade -- Conceptualizing consumption : drug use and drug users -- The production of psychoactive substances -- Distribution : linking producers and consumers -- Money laundering : money makes the...