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One of the most striking structural weaknesses uncovered by the euro crisis is the lack of consistent banking regulation and supervision in Europe. Although the European Banking Authority has existed since 2011, its influence is often trumped by national authorities. And many national governments within the European Union do not seem anxious to submit their financial institutions to European-wide regulation and supervision.
The post The limits of regulatory cooperation appeared first on OUPblog.
If your parents required care, would you or a family member provide care for them or would you look for outside help? If you required care in your old age would you expect a family member to provide care? Eldercare is becoming an important policy issue in advanced economies as a result of demographic and socio-economic changes. It is estimated that by 2030, one quarter of the population will be over 65 in both Europe and the USA.
The post Why care? appeared first on OUPblog.
The new Greek government that took office in January 2015 made a commitment during the election campaign that Greece would stay in the Eurozone. At the same time, it also declared that Greece’s relations with its European partners would be put on a new footing. This did not materialize. The Greek government accepted the continuation of the existing agreement with its lenders, the International Monetary Fund, the European Commission, and the European Central Bank. This was the only way of ensuring Greece would not run out of funding.
The post Greece vs. the Eurozone appeared first on OUPblog.
Differences in regulatory norms are increasingly seen as the key barriers to the growth of regional and global markets, and regulatory disputes make up some of the most contentious issues in world politics. Negotiations among the most developed economies of the world about regulatory synchronization have made little progress in the last decade, and nearly all harmonization attempts failed when they had involved economies at lower levels of development.
The post How to make regulations a common good? appeared first on OUPblog.
