Anfang Dezember 2013 einigten sich die Mitgliedsländer der WTO auf ein neues Welthandelsabkommen. Gabriel Felbermayr, ifo Institut und Universität München, sieht einen Anpassungsbedarf der WTO an die neue Gemengelage in der Weltwirtschaft, da in Zukunft immer häufiger in regionalen Abkommen...

The European Union is commonly described as a temple-like construction resting upon three pillars. Whereas the first pillar, Community law, constitutes a "new legal order" of supranational character, the second and third pillar are considered to be of intergovernmental kind, i.e. traditional...

Money has always been a difficult and complex concept and the views about what money actually is could hardly be more diverse. This is all the more true in the times of completely manipulated irredeemable paper currencies, the functioning of which is based almost completely on the extent to...