Volume 5 (2014): Issue 1 (March 2014)

Deciding on the development path of the economy has been a delicate question in economic policy, not least because of the trade-off effects which immediately worsen certain economic indicators as steps are taken to improve others. The aim of the paper is to present a framework that helps decide on such policy dilemmas. This framework is based on an...

The Vilnius Eastern Partnership Summit on 28-29th November 2013 represents a milestone in EU relations not just with respect to the six Eastern Partnership countries (EaP Armenia, Azerbaijan, Belarus, Georgia, Moldova and particularly Ukraine), but also with the EU’s ‘strategic partner’ Russia. The turbulence and numerous speculations regarding...

The aim of this paper is to theoretically analyse the issues concerning the introduction of alternative moneys. A brief performance evaluation of the current monetary system, as well as two alternatives, namely gold and a private currency, i.e. the Swiss WIR, is followed by a historical look at the relationship between legal tender laws and Gresham...

This article is concerned with an issue in European law that is historically derived from the Treaty establishing the European Economic Community. The aim is to illuminate the functions and objectives of the European Union that correspond to the provisions of Part Four of the Treaty on the Functioning of the European Union - Association of the...