The natural disasters of 2017-19 have exposed weaknesses in our preparation for disaster and climate change. What if we had paid attention — before disaster ensued — to how environmental protection and planning can prevent and minimize the harm that disasters cause to people, their housing,...

Paper presents the value added to the analysis of the functioning of multi-level governance in the context of EU. Furthermore, it contributes to the small state studies, as the mitigation of crisis from the perspective of small state is analysed. The aim of the research was to determine whether...

We build a model that puts together crony capitalism, the hierarchy of the Chinese communist party-state, and the decision-making process inside the Party Center. We show that inefficient economic institutions create local corruption that raises realized productivity, while generating rents that...

Less than two years after the start of the COVID-19 pandemic, Russia’s illegal, unprovoked and unjustifiable war of aggression against Ukraine has triggered the biggest military confrontation in Europe since World War II. Many OECD countries have reacted to Russia’s aggression by providing...

French Abstract: [L'impact de la guerre du Soudan de 2023 sur l'Afrique et au-delà] – Depuis des décennies, l'histoire du Soudan, troisième plus grand pays d'Afrique avec environ 46 millions d'habitants, est marquée par de violents affrontements entre les élites militaires du Nord,...

French abstract: L'impact de la guerre du Soudan de 2023 sur l'Afrique et au-delà] – Depuis des décennies, l'histoire du Soudan, troisième plus grand pays d'Afrique avec environ 46 millions d'habitants, est marquée par de violents affrontements entre les élites militaires du Nord,...

The European Commission's (EU Commission) Sustainable Growth Action Programme aims to transform national economies in the European Union towards a Green Economy. This is linked to the aspiration to achieve the EU climate protection goals and the Sustainable Development Goals of the United...

The concept of sustainable development affects every part of economic life. The provision of liquidity and capital should contribute to a habitable ecological and social environment. This paper surveys the role of finance in the concept of sustainability. It starts with a discussion of finance...

The euro area is facing crisis, while the US is not, though the overall fiscal situation and outlook is better in the euro area than in the US, and though the US faces serious state-level fiscal crises. A higher level of fiscal federalism would strengthen the euro area, but is not inevitable....

When the international monetary system of Bretton Woods collapsed in 1973 the Deutsche Mark was at the top of its international reputation. The Dollar was permanently weak because the FED financed the US budget deficit for many years over the money printing press. In the European Union the...