We investigate the character of the market for corporate control (i.e. takeovers) in French and German banking. The key feature of this character is the marked ability of French and German banks to resist unsolicited takeover bids, especially - although not exclusively- those from foreign...

Tax “justice” has become an increasingly central issue of political debate in many countries, particularly following the cardiac arrest of global financial services in 2008 and the subsequent worldwide slump in trade and production. The evident abuse of tax systems by corporations and rich...

This paper focuses on the deep transformation of the Portuguese state under democracy and charts the development of very substantial welfare state. It examines the very substantial investments in social protection, social transfers, education and health and finds remarkable results in some areas...