Dictionary of Finance and Investment Terms by John Downes

Dictionary of Finance and Investment Terms by John Downes

A uniquely important contribution to the debate on EC State aid, this book captures the direct knowledge and experience of twenty-six current and former Commission State aid litigators, offering detailed and#8216;insiderand#8217; analysis of EC State aid court cases, as well as related internal legal issues, between 1994 and 2008. The book brings together both legal and economic analysis, with detailed reflections on aspects of both substantive legal rules and procedural law. It also offers, over and above the specific interest of the contributions it contains, invaluable insights into the working methods of the Commission Legal Service.

This collaborative work was conceived and realized by its authors as a mark of recognition, and a gesture of respect and friendship, for Francisco Santaolalla, on the occasion of his retirement from the Commission after fourteen yearsand#8217; service as Director of the State aid team.

Among the many legal and economic forces affecting State aid litigation, the authors focus on such factors as the following:

• exports;
• private investment;
• role of economic analysis;
• ecotaxes;
• privatization;
• remedies;
• existing aid;
• third parties;
• actions against State aid decisions;
• national court decisions;
• fiscal discipline; and
• WTO subsidies law.

In illuminating the underlying issues, and describing how they are handled by the Commission Legal Service, the authors shed light on the likely future development of State aid law. The book will be of particular interest to antitrust practitioners as well as academics.

Jordan E. Goodman is a nationally recognized expert on personal finance. He is the author of the bestselling Everyone's Money Book and a dozen other books. For eighteen years, he was the Wall Street correspondent for Money magazine, and he also served as a regular commentator for NBC News at Sunrise and Mutual Broadcasting System's America in the Morning. Today, he appears regularly on many radio shows, including public radio's Marketplace, as well as on television programs on Fox, CNN, CBS, CNBC, and MSNBC.