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Climate Policy Coherence And Border Adjustment Regulation: Clarifying The Debate, Donald Feaver, Benedict Sheehy
Climate Policy Coherence And Border Adjustment Regulation: Clarifying The Debate, Donald Feaver, Benedict Sheehy
Benedict Sheehy
Abstract: A vigorous debate surrounding the use of border adjustments as trade-related policy mechanisms to compliment national climate change policies has intensified in recent times. The debate highlights how border adjustments are not particularly well suited to respond to trade related frictions arising because of the diversity of commitments being made by countries to reduce carbon emissions. While ideally, “the greater the degree of international agreement on climate change policies, the less potential friction there should be with trade policies” this more complex challenge of harmonizing national climate policies is unlikely to occur anytime soon. In the absence of a …
Regulation By Markets And Higher Education, Benedict Sheehy
Regulation By Markets And Higher Education, Benedict Sheehy
Benedict Sheehy
Markets have a number of uses. One increasingly important use by politicians is as a means of regulating the supply and distribution of goods and services formerly supplied and distributed by governments on non-market bases. The use of markets as a regulator of higher education is not novel. However, the increased reliance on markets as a regulator of higher education is an on-going experiment with certain predictable failures. This article explores the uses of the market in the supply and distribution of higher education and weighs it against the stated policy objectives, with particular attention to the application proposed in …
Constituting Vanuatu: Societal, Legal And Local Perspectives,, Benedict Sheehy, Jackson Maogoto
Constituting Vanuatu: Societal, Legal And Local Perspectives,, Benedict Sheehy, Jackson Maogoto
Benedict Sheehy
Governance in Vanuatu has been a source of concern for Australia as it forms part of Australia’s ‘Arc of Instability.’ Vanuatu has adopted a modified Westminster system as that system is often advocated as the model for constitutions and governance around the world. In various former colonies local populations were expected to simply absorb its liberal democratic principles apparently on some assumption that such principles were an innate part of human nature. Most readings of history would come to a different conclusion. Vanuatu illustrates this error and the complexities of a society that not only creates a broad challenge for …
The Trouble With Stockjobbers: The South Sea Bubble, The Press And The Legislative Regulation Of The Markets, Benedict Sheehy
The Trouble With Stockjobbers: The South Sea Bubble, The Press And The Legislative Regulation Of The Markets, Benedict Sheehy
Benedict Sheehy
Abstract: The South Sea Bubble Act of 1721 is often taken as the first securities legislation. Further it is understood to be a response to a stock market scandal. In fact, the Act was enacted prior to the scandal and indeed the likely cause of the collapse of the stock bubble itself. This article reviews the historical context, including the finance of government of the era, the development of the South Sea Company and its bubble, the legislation, burst and subsequent effects. It places securities legislation in its historical context as part of a broader movement in corporate law, shifting …