The increasing integration of international financial markets means that credit defaults in one country have to be covered by creditors in other countries. If the principle of creditor liability were applied systematically, the financial losses incurred by the financial institution that provided...

There are various ways to indicate the importance of international trade. In this paper, we use the "labor footprint" concept to gain new insights into the implications of trade for employment. We focus on the US, but also provide information on 39 other, mostly developed, countries for the...

The problem of competitiveness has becoming one of the main concerns of European governments. This is reflected trough out the Europe 2020 Strategy that includes as key priority the promotion of efficient and productive use of inputs. Differently to other "well-behaved" European "neighbours", in...