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International trade reflects complex dynamic processes driven by demographic, socio-economic, technological and political changes. Therefore, future evolution of world markets is highly uncertain. The project builds on past research but emphasizes issues usually overlooked by standard assessments of trade liberalization such as: • the impact of demand from energy markets which could affect agricul ...

"The main purpose of FINESS is to get a clear understanding of the implications of ongoing financial market integration in Europe on economic growth, employment and competitiveness, to identify likely future paths of the development and to draw policy relevant conclusions. Several main breakthroughs will be achieved throughout the project. On the macroeconomic level, the role of financial systems ...