Southern Africa is strongly tied to the European economy, but their bilateral trade occurs in the context of a global economy. Any change with respect to one trading partner will have repercussions for other partners. This study aims to inform trade negotiations between South Africa and the...

Southern Africa is strongly tied to the European economy, but their bilateral trade occurs in the context of a global economy. Any change with respect to one trading partner will have repercussions for other partners. This study aims to inform trade negotiations between South Africa and the...

This paper examines the likely impact of Capital Adequacy Directive (CAD) on European Securities markets, focusing in particular on the competitive consequences for institutions engaged in the trading of equity securities.