Mergers and Acquisitions in European Banking


Book Description

Provides a detailed analytical assessment of the merger and acquisition phenomenon in banking. It advances the prior literature focusing on some specific aspects that have been investigated by only limited previous analysis by assessing the effect produced by M&A transactions on bank efficiency and shareholder value.




When Nations Can't Default


Book Description

War reparations have been large and small, repaid and defaulted on, but the consequences have almost always been significant. Ever since Keynes made his case against German reparations in The Economic Consequences of the Peace, the effects of transfer payments have been hotly debated. When Nations Can't Default tells the history of war reparations and their consequences by combining history, political economy, and open economy macroeconomics. It visits often forgotten episodes and tells the story of how reparations were mostly repaid - and when they were not. Analysing fifteen episodes of war reparations, this book argues that reparations are unlike other sovereign debt because repayment is enforced by military and political force, making it a senior liability of the state.




The Agro-Technological System towards 2000


Book Description

The research published here constitutes a profound reflection on what is taking place in the world of agriculture at the threshold of the year 2000. The book attempts to go beyond a narrow sectoral analysis of the primary sector. It sets out to focus instead on the dynamic and innovative aspects of the agrotechnological system constituted by the complex interdependence of the agro-production, agro-food, agro-industrial and agro-ecological subsystems. The authors, internationally renowned scholars and scientists, tackle the most pressing contemporary economics issues from both a theoretical and policy-making standpoint. Three different lines of research are pursued concerning, first, the evolution and trends of world and European agricultural production, second, agricultural surplus formation and productivity dynamics in the economies of industrialized countries, and, lastly, the destination of agricultural outputs and land allotment under the impact of agro-bio-technologies.




Agricultural Loan Guarantees


Book Description