Given the enlargement of the European Union, the fall-back in productivity growth and the lack of success in implementing further structural reforms, this special issue highlights the political economy in the European Union and discusses the role of the Maastricht Treaty as an impediment or a...

Intro -- Contents -- Contributors -- Series Foreword -- Chapter 1. The Continuing Evolution of Europe: Introduction and Overview -- The Financial Crisis: A Risk for the Euro Area -- Global Constraints -- Industrial Policy: The Role of National Champions -- Reforming the European Welfare State --...

Given the enlargement of the European Union, the fall-back in productivity growth and the lack of success in implementing further structural reforms, this special issue highlights the political economy in the European Union and discusses the role of the Maastricht Treaty as an impediment or a...

Until 2009, the United Kingdom operated a system of worldwide taxation. Taxation of foreign income was deferred until repatriated as dividends, leaving UK-owned multinational firms the possibility of avoiding UK taxation by delaying dividend payments and keeping earnings abroad. In 2009, the UK...