In 2008 to 2009, the European Union experienced a financial crisis. Economic growth slowed down and GDP decreased in several parts of the Union. The crisis could be attributed to the housing bubble that burst and sent banks into insolvency. Borrowing rates prior to the crisis were low, encouraging p...

INTRODUCTION The Euro was introduced as a trading currency in 1 January 1999, with 11 of the initial 15 members of the EMU initially adopting the Euro as its currency, with this increasing to 12 when Greece agreed to join the other 11 members on 1 January 2001. Europe's single 11-nation basket cur...

Economics Seminar Will the Status of the Roma people improve as the EU enlarges? When I die, you should bury me standing, Because I have been on my knees all my life." Gypsy saying Who are the gypsies? Are they a tribe? Or maybe a sect? Where do they live? Where do all the myths about ...

One of the most important components of the global context for IHRM is employment law and regulation. This chapter is about employment law and labor standards and ethics in the global economy. International standards, national trade agreements, commercial diplomacy efforts with governments, and vary...