[eng] The trading market for the petrodollar revenues emerged before the first oil price crisis, but did not blossom before the quadrupling of the oil price between 1973 to 1974. The little taxed and unregulated market for dollar deposits, bonds and loans at London, the most prominent finance...

In German transport infrastructure provision, political decision-making and a lack of user charges are the main reasons for inefficiencies, such as underinvestment, misallocation of funds and congestions. In the last decades, transport policy in Germany has focused on network extensions, while...

[eng] The Recycling of Petrodollars . The trading market for the petrodollar revenues emerged before the first oil price crisis, but did not blossom before the quadrupling of the oil price between 1973 to 1974. The little taxed and unregulated market for dollar deposits, bonds and loans at...