This volume is based on papers delivered at the second CESifo-Delphi Conferences (Munich, November 2003, and Delphi, June 2004), which are jointly organized by CESifo and the Department of International and European Economic Studies of the Athens University of Economics and Business. The...

The EU budget : how much scope for institutional reform? / Raymond Ritter -- From the stability and growth pact to a sustainability council for EMU / Jurgen von Hagen -- Supervision of the European banking market / Martin Schuler -- Reasons and implications of inflation differentials within the...

In recent years governments have paid increasing attention to weighing the socioeconomic benefits of regulations against their costs. Rules and regulations governing economic activity are typically formulated with a view to their benefits. Their effects on the costs and inefficiencies, in...