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The Happy Few: The Internationalisation of European Firms

The 2007 report from the joint Bruegel/CEPR research network European Firms and International Markets (EFIM) is the first systematic, cross-country, firm-level research of the features of European firms that compete in international markets. The heated discussion about winners and losers in a globalised world economy has long been framed as a sectoral battle, but increasingly both winners and losers can be found within the same sector. By analysing firm-level data this report reveals new facts that are essential to future policy-making to foster competitiveness and for the ongoing process of trade liberalisation. Read the report
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TRANSPARENCY OF EUROPEAN BOND MARKETS

A cross market group of associations has published two independent studies on the corporate and government bond markets in Europe, "European Corporate Bond Markets: transparency, liquidity, efficiency" and " European Government Bond Markets: transparency, liquidity, efficiency". The research was commissioned to inform the associations' input into the European Commission's review of non-equity market transparency, required by MiFID (Markets in Financial Instruments Directive) and due to be completed by November 2007. It was conducted by two teams of CEPR researchers.
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New research reveals economic and social benefits of mobile communications in Africa

New research reveals economic and social benefits of mobile communications in Africa A joint CEPR/Vodafone report shows that Africa has seen faster growth in mobile telephone subscriptions than any other region of the world over the last five years. The report also highlights the consequent economic and social benefits in terms of per capital growth, FDI and life satisfaction.
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Enhancing Economic Cooperation between the EU and the Americas

Enhancing Economic Cooperation between the EU and the Americas A joint study between CEPR, HM Treasury and the Ministry of Finance investigates the nature of trade between the EU and the Americas to identify potential gains from broader cooperation.
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The Future of Stock Exchanges in European Union Accession Countries

With the EU accession process now going through the final stages and full EU membership set to become a reality in a year's time, a new CEPR Report comissioned by the Corporation of London and written by Stijn Claessens, Ruben Lee and Josef Zechner offers a series of insights into the impact this event will have on regional capital markets.
The Future of Stock Exchanges in European Union Accession Countries

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