The current financial crisis offers a unique opportunity to investigate the leading properties of market indicators in a stressed environment and their usefulness from a banking supervision perspective. One pool of relevant information that has been little explored in the empirical literature is...

The globalization triggers macro-regionalization, which, in its turn, generates micro-regionalization - the EU being a good example of both. Second, in virtually all scenarios of geopolitical future the recurrent theme is regionalism, which comes in various "shapes and sizes." That is why maybe...