This paper examines whether regulation that is more conducive to competitive and efficient financial systems has a significant positive impact on sectoral output and productivity growth in a sample of 25 OECD countries. More specifically, following a methodology used by Rajan and Zingales...

In this issue, El Mouhoub Mouhoud addresses the complexity of the different forms of migrations within the current globalisation of capitalism and brings out the paradoxes arising from them. Without migrants, the countries which are the least well placed in this international competition would...

The concept of a quite homogeneous Europe has been changing with the enlargement and the Euromed partnership. An assessment of the international integration of Mediterranean Partner Countries (MPCs) shows that these countries experience weak convergence relative to new EU members. Krugman and...

Le retour du Brésil à la démocratie s’est accompagné d’une ouverture aux échanges au niveau multilatéral (OMC) et régional(Mercosur). Simultanément, la constitution de 1988 affirmait une volonté forte de décentralisation fiscale. Vingt ans plus tard, le bilan de l’intégration...