Space applications are best suited for dealing with an increasingly expanding concept of security. If, on the one hand, traditional customers are military users, on the other, a wider security and civilian community benefits from space services which are being developed in Europe in line with...

This study prepared by TNO analyzes a part of European Space Policy and Programme under three main themes: space related applications and market players; benefits from the European Space Policy and Program; and governance aspects and policy implications. As instructed by studys administrators,...

Based on a literature review, this paper investigates the reasons why broad money demand has usually been found to be more stable in the euro area than in other large economies. The paper concludes that there are three main explanations for this fact. First, in some countries outside the euro...

Over the past decades, cross-border financial flows have increased in importance and have in many occasions exceeded the underlying current account positions. This phenomenon has been accompanied by an increase in the volume of international equity transactions that accentuate the role of...

This paper analyzes cooperation between sovereign national authorities in the supervision and regulation of a multinational bank. We take a political economy approach to regulation and assume that supervisors maximize the welfare of their own country. The communication between the supervisors is...