Among the economists who participated in the discussions about a new international and monetary order between the two world wars was Friedrich Hayek. Although they have been the subject of attention, - his positions and proposals of the 1930s on this topic, they are relatively less studied. In...

The monography analyzes the banking system in Bulgaria during the initial period of its development after the transition from centrally planned to a market economy started in 1991. The analysis covers the period 1991-1994 and it is focused on the most important characteristics of the commercial...

The Chapter discusses the need for the creation of a single European Capital Markets Union (CMU). Comparative data and arguments are presented, supporting the thesis that the financing of the European economy is too dependent on the banking system and there is a need to increase the share of...