The on-going nationalist revival in Western and Eastern Europe is driven by the confluence of three driving factors: economic, political and social/cultural. This revival presents a major existential challenge to the status quo ante of managerial or technocratic society – a challenge that can...

The Group of Twenty and the new world order it is meant to signify have prompted a wave of triumphalism around the world from those who, like French President Nicolas Sarkozy, bemoan the influences of quot;Anglo-Saxon capitalismquot; and from neo-Marxists, who view the economic crisis as a...

With the completion of EMU, tax competition and, more in general, locational competition is high on the EU policy agenda. In contrast to the standard neo-classical reasoning, recent advances in the theory of trade and location have shown that tax competition does not necessarily lead to a "race...

Islamic banking and finance are still an unfamiliar concept in India. The search for alternatives to conventional banking sheds spotlight on the Islamic banking but this seems to be an infeasible and unwanted burden to the Indian banking system. This paper attempts to understand the evolution,...

The European Union budget has a number of specific characteristics which make it different from the budgets of the Member States : in principle, it must never be in deficit, and there is a special decision-making procedure. The structure and maximum expenditure are specified for a 7-year period...

This paper examines what the Government of Egypt should do, and how best to do it, to respond to a changing world. It introduces a three-component strategy as a framework for coping with the recent trend to globalization. It emphasizes that the government must play a strong role to respond to...

This article studies the interactions among economic integration, international conflict, and the formation and breakup of political unions. Economic integration reduces the importance of political size, while international conflict increases it. When international conflict reduces economic...

Bu makale devletlerin bölünmesinin ekonomik ve politik yükünü, kamu sektörünün ya da devlet sektörünün büyüklüğüyle, ülke büyüklüğü arasındaki ilişki ekseninde ampirik olarak araştırmaktadır. Doksanlı yıların başında dağılan eski sosyalist ülkelerden birçok...

We develop a dynamic political-economic theory of welfare state and immigration policies, featuring three distinct voting groups: skilled workers, unskilled workers, and old retirees. The essence of inter - and intra-generational redistribution of a typical welfare system is captured with a...

This paper uses computational techniques to assess whether or not various propositions that have been advanced as plausible in the literature on regional trade agreements may actually hold. The idea is to make probabilistic statements as to whether propositions of interest might hold, rather...