Although there is little doubt that banks between the wars were the victims of deflation, deflation alone cannot explain the cross-national distribution of banking crisis. In addition, one must take into consideration cross-country variations in banking structures -- the degree to which banks...

What accounts for variations in the size of OECD stock markets? Existing answers point to the negative impact of state control over industry, enhanced by state centralization, and mitigated by common law. I counter that state centralization has a positive impact on stock market growth as well....

This paper is based on a successfully implemented "role-play simulation" of the CFSP that authors designed and then carried out in the Spring of 1999. The aims of this exercise were to evaluate the working of the CFSP and the further to develop simulation techniques in a European atmosphere. The...

State banking, defined as the intervention of the state in the allocation of credit, became important in some countries during the postwar era but not in others, and then more or less disappeared in the 1980s. The purpose of the article is to develop an explanation for longitudinal and...

This paper attempts to assess the extent to which a 'new' industrial relations regime has developed in advanced economies over the pat two decades and the prospects of new industrial relations. In addition to examining developments in the private sector, the paper assesses changes in public...

Notwithstanding the essentially proportional nature of the German electoral system, the two-tier system of districts, and the complex counting procedure that it entails have rendered it liable to some of the consequences of a well-known form of "electoral abuse", malapportionment. Moreover, the...