The paper presents a political economy analysis of the present and future CAP reform induced under different policy scenarios regarding future EU enlargement and future WTO agreements. Theoretically, the analysis is based on a political exchange model suggested by HENNING (2000). Main results...

A central aim of the Regional Policy of the European Union is a regional cohesion. Major instruments are regional policy programs financed via various European funds. The allocation of regional policy funds varies dramatically across regions even when one controls for regional development...

This paper studies the ability of the political process to design public policies implying an eective and ecient provision of global and local environmental public goods. While it is commonly accepted that the market is unable to guarantee an ecient provision of public goods, such as...

Ein einfaches polit-ökonomisches Gleichgewichtsmodell