Brexit might have profound impacts on the global financial landscape as the global economy and financial markets are increasingly inter-connected. London's role as the top international financial centre in Europe could be threatened due to the uncertain consequences of Brexit. Therefore, the...

The European Community in the international trading system. The future of the international trading system / Brian Hindley -- Commentaries on part one / Herbert Giersch, Jules L. Katz, and Norbert Walter -- Implications for Japan and the NICs. External trade implications of Europe 1992 for Japan...

In this paper, employing several econometric techniques, the authors construct a financial stress index (CNFSI) and a financial conditions index (CNFCI) to measure the instability of China's financial system. The indices are based on the monthly data collected from China's inter-bank markets,...