A term specifically found in European politics, social concertation refers to cooperation between trade unions, governments and employers in public policy-making. Social Concertation in Times of Austerity investigates the political underpinnings of social concertation in the context of European...

In the work of the Basel Committee there has been a tradition of distinguishing market from credit risk and to treat both categories independently in the calculation of risk capital. In practice positions in a portfolio depend simultaneously on both market and credit risk factors. In this case,...

Forms of European multi-level administration show an increased 'defibration' of the state through a shift of functioning onto the European level, onto other transnationally acting member states and onto the level of social self-organisation. At the same time a new 'complexity' is to be observed...