This interdisciplinary examination of corporate insolvency law assesses recent reforms and anticipates new legislation.

This Special Bulletin will equip all insolvency practitioners with a clear understanding of how the Human Rights Act affects insolvency law and practice. It combines a clear explanation of the principles underlying the Act with practical analysis of the areas open to challenge such as: the effect on insolvency meetings whether IP's investigatory powers are open to attack the impact on Directors' Disqualification proceedings Written by Conor Gearty, an expert in human rights law and Barrister at Matrix Chambers, and Stephen Davies QC of Guildhall Chambers, an expert in insolvency law, it includes the full text of the Human Rights Act and a digest of relevant cases. The Bulletin will be essential reading for all insolvency professionals. REVIEWS a must for all those with a serious interest in insolvency law and practice Human Rights

This Selected Issues paper estimates a small open economy model that makes it possible to quantify the relative strength of the trade and financial channels in Hungary, Poland. and Romania. The Bayesian results indicate that both the trade and financial channels are strongest for Romania, possibly owing to the expansion of financial balance sheets and lower integration into global supply chains. For all countries, tighter domestic monetary conditions result in reduction of output and currency appreciation, although the magnitude of appreciation is less in Romania compared with peers. The trade channel is also dominant in the transmission of foreign monetary policy shocks, which result in output losses and currency depreciation.