Recent economic forecasts increase the probability that firstly, the EMU can start as planned on January 1, 1999 and secondly, that it will start with a large group of countries. The economic implications of the artificially unification of "hard-currency" and "soft-currency" countries are...

Since its inception in 1995, more than 330 disputes have been raised under the WTO Dispute Settlement System. The major players in world trade the EU and the USA are also the busiest users of this instrument. After looking at links between economic integration and WTO involvement and a survey of...

The self-sustaining upswing of the world economy continued into the spring of 1989. Its backbone has been private investment. The investment climate has improved due to favourable sales expectations (especially in the export sector) and an increase in capacity utilization and therefore revenues,...