The main message of this contribution is that lean times are here to stay for the old member states. The main reasons are deep seated: Deteriorating demographics continue with ratio of working age population to total population falling. There are thus fewer and fewer producers for every consumer...

The path from command to market economics in Romania has been marked by two decisive conceptual clarifications at international scale, from the 1989 Washington Consensus to the 2000 Lisbon Agenda. In both cases, it was about a how-to policy list supposedly conducive to better economic...

Appeals to a Principle of Subsidiarity has become popular due to its aspirations to address the allocation or use of authority within a political order, typically those where authority is dispersed between a centre and various member units. However, considerations of subsidiarity will seldom...

In den kommenden Jahren wird die bislang vom Westen geprägte Weltordnung des möglichst ungehinderten Austausches und des Multilateralismus an Einfluss verlieren, globale Institutionen werden es noch schwerer haben, ihrem Auftrag des Interessensausgleichs und der Förderung der internationalen...

After nearly a decade of fits and starts, the Treaty of Lisbon, providing for a reformed institutional framework for the European Union (EU), entered into force on December 1, 2009. With it came a number of critical but little noticed changes in the area of European trade policy. This policy...