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...

Improving the economic performance of fisheries is becoming increasinglyimportant in fisheries management, and in some cases, maximum economic yield (MEY) isset as a key management target. However, associated with MEY is a level of fishing activitythat is lower than would otherwise occur, even...