Political Economy Commons^™

Global Adversarial Legalism: The Private Regulation Of Fdi As A Species Of Global Administrative Law, Ariel Meyerstein

Ariel Meyerstein, JD, PhD

This article explores the theoretical paradigm I refer to as “global adversarial legalism,” building on Robert Kagan’s description of the American legal system. Adversarial legalism has also been explained as a governance strategy deployed by the relatively weak central governance institutions of the European Union as a means of spreading EU law. It usefully captures the fragmented political authority and relatively weak hierarchical control of the global governance, or lack thereof, of foreign direct investment.

One facet of this global adversarial legalism, already much debated, is the concern that investment arbitration tribunals exercise an overly broad and perhaps illegitimate form …

Wage Regulation In The Private Sector In Europe, Maarten Keune, Kurt Vandaele

Kurt Vandaele

No abstract provided.

Annexe: Les Jours De Grèves En 2010 Et 2011, Kurt Vandaele

Kurt Vandaele

Le Groupe d’analyse des conflits sociaux (GRACOS) est un collectif interdisciplinaire ayant pour objectif l’étude des principaux mouvements de grève et autres éléments de la conflictualité sociale qui jalonnent l’actualité de chaque année civile. Il se compose actuellement de dix chercheurs : A. Bingen, M. Capron, V. Demertzis, F. Dorssemont, A. Dufresne, J. Faniel, C. Gobin, E. Martinez, K. Vandaele et J. Vandewattyne. Dans le second de ses deux volumes sur l’année 2012, le GRACOS se penche tout d’abord sur divers événements représentatifs de l’évolution de la conflictualité sociale dans le secteur public. Trois domaines sont abordés : les transports …

Union Responses To Young Workers Since The Great Recession In Ireland, The Netherlands And Sweden: Are Youth Structures Re-Orienting The Union Agenda?, Kurt Vandaele

Kurt Vandaele

This article analyses how youth structures at the confederal level of trade unions are influencing the union agenda in the face of the growing problem of youth unemployment in Europe. Five youth structures from union confederations in Ireland, the Netherlands and Sweden have been studied. Although youth structures were already able to influence the union agenda in certain confederations before the crisis, the evidence demonstrates that youth issues have gained prominence today. A particular pattern discernible across countries is coalition-building between youth structures and student organizations for guiding the transition of the next generation of young workers from school to …

Workers’ Rights, Worker Mobilisation And Workers’ Voice, Stefan Clauwaert, Aline Hoffmann, Romuald Jagodzinski, Isabelle Schömann, Michael Stollt, Kurt Vandaele

Kurt Vandaele

In his address to the European Parliament on 14 September 2011, ILO Director-General Juan Somovia declared that ‘respect for fundamental principles and rights at work is non-negotiable: not even in times of crisis when questions of fairness abound. This is particularly important in countries having to adopt austerity measures. We cannot use the crisis as an excuse to disregard internationally agreed labour standards.’ This warning is cleary not being heeded. As will be elaborated in the first section of this chapter, the labour reforms proposed or initiated by the EU and the Troika have indeed had detrimental effects on workers’ …

Environmental Innovations, Internationalisation And Local Factors, Massimiliano Mazzanti, Giulio Cainelli, Sandro Montresor

Massimiliano Mazzanti

No abstract provided.

Are Environmental Innovations Embedded Within Organizational Change?, Massimiliano Mazzanti, Davide Antonioli, Susanna Mancinelli

Massimiliano Mazzanti

No abstract provided.

Strategic Incentives For Climate Geoengineering Coalitions To Exclude Broad Participation, Juan B. Moreno-Cruz, Kate L. Ricke, Ken Caldeira

Juan B. Moreno-Cruz

Solar geoengineering is the deliberate reduction in the absorption of incoming solar radiation by the Earth's climate system with the aim of reducing impacts of anthropogenic climate change. Climate model simulations project a diversity of regional outcomes that vary with the amount of solar geoengineering deployed. It is unlikely that a single small actor could implement and sustain global-scale geoengineering that harms much of the world without intervention from harmed world powers. However, a sufficiently powerful international coalition might be able to deploy solar geoengineering. Here, we show that regional differences in climate outcomes create strategic incentives to form coalitions …

Indice De Calidad Institucional 2013, Martin E. Krause Dr.

Martin Krause

Este año el Indice evalúa el papel de los valores y las ideas y distintas teorías sobre el origen de las instituciones

Applying Best Practice Principles To International Intellectual Property Lawmaking, Jeremy De Beer

Jeremy de Beer

This article applies the Max Planck Principles on Intellectual Property Provisions in Bilateral and Regional Agreements to several recently established or still-being-negotiated international lawmaking instruments. It identifies recent, fundamental changes and overarching patterns in the evolution in the procedures, institutions, and substantive outcomes of international intellectual property law- making. Specific analysis is provided of the Principles’ potential application to the Anti-Counterfeiting Trade Agreement (ACTA), the Trans-Pacific Partnership Agreement (TPP), the Comprehensive Economic and Trade Agreement (CETA), the Pan-African Intellectual Property Organization (PAIPO), and the Marrakesh Treaty to Facilitate Access to Published Works for Persons Who are Blind, Visually Impaired, or …

Form Follows Function: On The Interaction Between Real Estate Finance And Urban Spatial Structure, David S. Bieri

David S Bieri

The fundamental connection between the spatial development of cities and financial markets is a topic that has received little attention from either urbanists or economists. In this short piece, I argue that part of the post-crisis recovery is predicated on a multi-faceted understanding of the subtle causal linkages between financial flows and urban morphologies. Following a historical contextualization of my main argument, I speculate about the key channels through which the dialectical relationship between capital, its regimes of accumulation and its unequal spatial distribution affect the urban fabric. I identify two separate economic processes and historical developments that have co-defined …

Can The Hong Kong Icac Help Reduce Corruption On The Mainland?, Bryane Michael

Bryane Michael (bryane.michael@stcatz.ox.ac.uk)

Hong Kong’s Independent Commission Against Corruption (ICAC) serves as the example par excellence of a successful anti-corruption agency. Yet, the Agency works in one of the more corrupt jurisdictions world-wide (the People’s Republic of China). To what extent can the ICAC – and the Prevention of Bribery Ordinance (POBO) which regulates its work – contribute to reductions in corruption on the Mainland? In this paper, we look at the ways in which the ICAC – technically a Chinese agency (albeit operating in a legally independent jurisdiction) – can help to reduce and prevent corruption on the Mainland. We find that …

Beyond Nemesis And Salvation: A Reorientation Of The Debate On The Greek Economic Crisis, Nikolaos Tzifakis, Pantelis Sklias

Nikolaos Tzifakis

No abstract provided.

The Hedonic Method Of Valuing Environmental Policies And Quality, Philip E. Graves

PHILIP E GRAVES

Benefit-cost analysts attempt to compare two states of the world, the status quo and a state in which a policy having benefits and costs is being contemplated. For environmental policies, this comparison is greatly complicated by the difficulty in inferring the values that individuals place on an increment to environmental quality. Unlike ordinary private goods, environmental goods are not directly exchanged in markets with observable prices. In this chapter, the hedonic approach to inferring the benefits of an environmental policy is examined.

American Influence In The International Financial Institutions, Shawn Rosen, Jonathan R. Strand

McNair Poster Presentations

As the world becomes more globalized and the prosperity of new, rising powers begins to challenge that of long-standing powers, many scholars and policy-makers have begun to examine America’s place in the global political economy. Ongoing changes in the world politi­cal economy such as the flourishing economies in the BRICS countries (Brazil, Russia, India, China, and South Africa), continued integration in Europe, as well as questions about eco­nomic policies derived from American dominated neoliberal ideology have raised many doubts regarding how long the United States can remain the world leader. The conventional wisdom holds that the United States has enough …

Determinants Of Savings Rate In Rural Nigeria: A Micro Study Of Kwara State, Oluwakemi Adeola Obayelu

Journal for the Advancement of Developing Economies

The inability of households to save over time has significant influence on the rate of capital accumulation and economic growth in developing countries. In order to understand this trend, this research assesses savings rates and its correlates in rural Kwara state, Nigeria. A multistage sampling procedure was used to obtain data from 120 households. This was then analyzed using two descriptive statistics: the generalized linear model and the Tobit regression model. Results show that majority of the rural households were male-headed (81.0 percent) and combined farming with other non-farming activities (73.5 percent). The Tobit regression model reveals that age squared …

Exchange Rate Volatility And Foreign Direct Investment In Sub-Saharan Africa, Emmanuel Ekow Asmah, Francis Kwaw Andoh

Journal for the Advancement of Developing Economies

Foreign Direct Investment (FDI) is an important source of financing development. It enhances efficiency and raises skills of local manpower, facilitates transfer of technology, generates employment and promotes productivity resulting in broad welfare improvements. Although FDI could have a substantial impact on the growth of African economies, poverty reduction and the achievement of various dimensions of human development as articulated in the Millennium Development Goals, its flows to Africa, though growing steadily have been relatively low, volatile, and highly concentrated in a few countries. One of the factors that have been identified in the literature as key drivers of FDI …

Hegemony And Humanitarian Norms: The Us Legitimation Of Toxic Violence, Eric Bonds

Sociology and Anthropology

Despite widespread beliefs that the United States has not used chemical weapons since the distant past of World War I, this study suggests a more complicated history by examining U.S. use of herbicides and incapacitating gases in the Vietnam War and its use of herbicides in the "War on Drugs." This article places such use of toxic violence within a context of U.S. hegemony, by which U.S. officials have used contested forms of violence to secure geopolitical goals, but have also been pressured to comply with humanitarian norms or-when there is a gap between norms and state policy-to do legitimating …

Antitrust, The Internet, And The Economics Of Networks, Christopher S. Yoo, Daniel F. Spulber

All Faculty Scholarship

Network industries, including the Internet, have shown significant growth, substantial competition, and rapid innovation. This Chapter examines antitrust policy towards network industries. The discussion considers the policy implications of various concepts in the economics of networks: natural monopoly, network economic effects, vertical exclusion, and dynamic efficiency. Our analysis finds that antitrust policy makers should not presume that network industries are more subject to monopolization than other industries. We find that deregulation and the strength of competition in network industries have removed justifications for structural separation as a remedy. Also, we argue that that deregulation and competition have effectively eliminated support …

The Gettysburg Economic Review, Volume 7, Spring 2013

Gettysburg Economic Review

No abstract provided.