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Did Euro Leaders Say Goodbye to the IMF?
This policy brief takes stock of the agreement by Eurozone countries in late June at the European summit. If this agreement survives (which is by no...
The Meaning of the Unsaid: The New Eurozone Deal in Perspective
Expectations were low as European leaders gathered in Brussels on Thursday last week for yet another summit to deal with an escalation of the crisis....
The Eurozone’s Arrested Adolescence: Sketching a Way Out of the Crisis
The Eurozone crisis has been reinforced and prolonged by leaders’ inability to agree on robust and credible crisis responses. Individual...
High Noon in Europe’s Financial Regulatory Agenda
“Is the chicken now coming home to rooster?”, asked a senior bank executive at a recent conference on European bank regulations. After four years...
Russia in the WTO: Unriddling the Mystery of Russia’s Trade Policy
After almost two decades of accession negotiations, Russia was invited in mid-December last year to join the World Trade Organisation (WTO). This was...
Please Make Spain Austere, But Not Just Yet!
Spain is on the brink of another wave of profound market distrust. It is about to enter a depressionary cycle while serious doubts remain about it...
Who should Lead the World Bank?
Who is the best candidate to lead the World Bank? I don’t know. What I do know, however, is that the process for selecting a new World Bank chief...
The Rising Trend of Green Protectionism: Biofuels and the European Union
This paper surveys and discusses the Renewable Energy Directive (RED) in the European Union and its compatibility with EU obligations in the World...
What is Driving the Rise in Health Care Expenditures? An Inquiry into the Nature and Causes of the Cost Disease
The last 40 years have seen a rapid increase of government expenditures on public welfare arrangements. Increasing healthcare expenditures form a...
Ideas for New Transatlantic Initiatives on Trade
The US and the EU have the capacity to play a leading role together in promoting international trade liberalisation. They remain the economic giants...