On 11-12 May 2011, SUERF and the Belgian Financial Forum, in association with the Brussels Finance Institute and the Centre for European Policy Studies (CEPS) organized the 29th SUERF Colloquium “New Paradigms in Money and Finance?” All the papers in the present SUERF Study are based on...

Unexpected problems sometimes arise when governments attempt to introduce competition. The problem considered herein is market power and its exercise during the California electricity crisis of 2000–2001. In introducing competition, both transitional and long-run opportunities for firms...

USA is inflicting severe damage upon both the environment and its inhabitants. In 1979, the EPA estimated that in the USA there were as many as 51,000 sites containing potentially hazardous waste. The number of sites with 'significant problems' was anywhere. The EPA noted, "Industry has shown a...