Deal protection measures aim to limit the costs of negotiation in mergers and acquisitions. By voluntarily stipulating a certain breakup fee in the event a higher bidder arises, the target…
Companies & Regulation
The Chancellor of the Exchequer, Phillip Hammond, presented his Autumn Budget to Parliament on 22 November 2017. Compared to what happened in Spring 2017, this time the Chancellor described a…
The European Commission has made a commitment to evidence-based policy making when designing regulations to improve Europe’s environmental conditions. The stated objective is that “Commission initiatives and proposals for EU…
The size of the digital economy The digital economy represents a relevant quota of global wealth. According to Accenture, it counted for 22.5% of worldwide GDP in 2015, with a…
Of all the economic implications the European Union has on the world market, few policies have been debated and criticised more than the EU’s Common Agricultural Policy (CAP). Through this…
Working Paper Series
And Yet It Grows. Crisis, Ideology, and Interventionist Policy Ratchets
by
IREF
WP 2017-05. Discussions on the optimal level of government intervention in the economy have become very intense in recent years, especially following the 2008 financial and economic crisis. The hardships…
The two major Parties in UK have recently concluded their annual conferences. After the positive performance in the last election, the Labour Party appears to have found internal cohesion and…
IREF Newsletter
Merkel wins her fourth term in Germany; will this help drive banking union or will nationalist political parties manage to oppose it?
by
Gordon Kerr
Although there never seemed much doubt that Mrs. Merkel would be elected for a fourth term as Chancellor of Germany on September 23rd, it is not clear whether she will…
WP 2017-04. In many countries around the world, lottery services are provided by government-owned firms that are equipped with (regional) monopoly privileges. The official argument for lottery monopolies by state-owned…
French Europeanism In April, the European establishment and business communities welcomed the election of Emmanuel Macron as President of the French Republic. The election was interpreted as a positive sign…