The German financial system rests on three distinct pillars - this position has been widely accepted among bank historians. However, this view neglects another important pillar, namely the financial institutions under the rule and control of state authorities. The following article aims to...

The German financial system rests on three distinct pillars - this position has been widely accepted among bank historians. However, this view neglects another important pillar, namely the financial institutions under the rule and control of state authorities. The following article aims to...

Die maßgeblich von Walter Eucken geprägte Denkschule des 'Ordoliberalismus' will die Wirtschaft durch eine Verfassung ordnen. Der Staat soll die Spielregeln des Marktes gestalten, dann aber nicht weiter in die wettbewerblichen Spielzüge der Wirtschaftsakteure eingreifen. Der maßgeblich von...

Die maßgeblich von Walter Eucken geprägte Denkschule des „Ordoliberalismus“ will die Wirtschaft durch eine Verfassung ordnen. Der Staat soll die Spielregeln des Marktes gestalten, dann aber nicht weiter in die wettbewerblichen Spielzüge der Wirtschaftsakteure eingreifen. Der maßgeblich...

Abstract A constitution is not purely a legal document. Neither is it only a political manifesto. It is also an economic charter which expresses a country’s economic hopes and aspirations, and regulates economic activities of constitutional stakeholders. This paper adumbrates a framework to...

L'articolo ripercorre la giurisprudenza costituzionale dell'ultimo decennio in materia di tutela della concorrenza. Dando per acquisito che l'art. 117, comma 2, lett. e, Cost., sia inteso dalla Corte come norma sostanziale e non di mera competenza, l'a. condivide l'assunto fondamentale della...

Commerce always requires an institutional embedment. Basically, private Institutions as well as state institutions can provide the normative good of legal certainty understood as the enforceability of contractual commitments. While for domestic commerce, the balance between the importance of...

<marquage typemarq="italique"/> In the European context, the place of the revolutionary notions of constitutive power, demos and constitutional moment is occupied by the evolutionary concept of constitutionalisation. Economic constitution is merely one aspect in multi-dimensional European constitution (alisation). My...

The most important civil constitution creating process since the establishment of the Republic of Turkey is still ongoing. Economic and financial provisions of our 1982 constitution are not one; in fact they are all over the place. There is an “Economic and Financial Provision” heading under...

The strengths of the European competition regime are outlined before identifying challenges presented by the financial crisis. The argument moves from enforcement to systemic threats to the credibility of the economic models on which modern competition policy is based. It then turns from banking...