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Officially supported export credits are instruments that governments can use to boost or support their exports, either through insurances, loans or guarantees. Most governments provide this support through Export Credit Agencies (ECAs), the first of which were founded in the 1920s (Stephens, 1999).

In her recent book “The Deficit Myth” star economist Stephanie Kelton tells us why economists should not worry too much about sovereign debt and deficits. But is that the same for lawyers? And are all countries truly treated equally?

Extra money: simply divvy it up or find a special use for it? The Executive Board and the deans did not have to think long when the question arose recently. Setting it off was a message from the Ministry of Education, Culture and Science “that in the supplementary budget 2014 a substantial...