This paper contains an economic review of the law regulating the liberalisation process now under way in the Italian electricity sector. Part one is a juridical insight focusing first on Community rules, in particular Directive 96/92, which provides for common rules for the internal electricity...

The aim of this paper is to analyze the role of foreign banks in the restructuring process that has characterized the Albanian banking system in transition from the planned economy to the market economy. The backward state in which the Albanian economy was left after the fall of the communist...

According to the law and economics approach, pure economic loss is a private loss that is not socially relevant but simply implies a redistribution of wealth. Consequently, wrongful behavior that induces reallocation of costs and benefits with no consequences on social welfare is not considered...