This paper assesses the effectiveness of the Meroni doctrine in the light of the recent judgment in the ESMA case. The first part explains in detail the problem of delegation of powers in the EU from the perspective of the principal-agent theory and complements it with the analysis of the...

This study analyses institutional features national authorities should have in order to apply common policies effectively. It shows that the effective implementation of EU law and policy can be achieved without increased control. The article suggests that benchmarking of the results of the...

type="graphical" xml:id="gpol12125-abs-0002"> <p>The crux of the problem is to ensure adequate controls on national policies before the situation gets out of hand.<blockFixed type="graphic" xml:id="gpol12125-blkfxd-0001"> <mediaResourceGroup> <mediaResource alt="image" href="urn:x-wiley:17585880:gpol12125:gpol12125-toc-0001"/> </mediaResourceGroup> </blockFixed>

Recent public debate on the costs and benefits of EU membership has focused more on the costs and less on the benefits. This paper explores the benefits from improved regulatory or policy implementation and enforcement. If actual regulatory enforcement differs from the socially optimal level,...

With this Handbook, Miroslav Jovanović has provided readers with both an excellent stand-alone original reference book as well as the first volume in a comprehensive three-volume set. This introduction into a rich and expanding academic and practical world of international economic...