In June 2012 Cyprus became the fifth Eurozone member to request an EU bailout, after more than a year of being shut out of international debt markets. Given the countryâ s geographical location, Cyprus has merely been considered by some as one more piece of the sovereign debt crisis mosaic...

Introduction -- The Europeanisation process and the Greek political system -- The domestic constraints on reform -- Whose benefits? the elusive reform of the Greek pension system -- The puzzle of jobless growth : the challenge of reforming the Greek labour market -- Destination nowhere :...

This paper builds a model of delegated portfolio management to study the interplay between the career concerns of a manager and the prevailing market conditions. Investors allocate funds between a market index and a manager, who has private information about her ability to generate idiosyncratic...

A key requirement of the countries of central and eastern Europe (CEECs) that wish to join the EU is that they develop the administrative capacity to implement effectively the "acquis communautaire." The 'twinning' programme is designed to assist in this process. Drawing on experiences in...