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Full-Text Articles in Law
Are Public Sector Assets By Nature Insuitable For Financing Transnational Investments? , Lucien A. Rapp
Are Public Sector Assets By Nature Insuitable For Financing Transnational Investments? , Lucien A. Rapp
ExpressO
Does the legal regime applicable to publicly owned assets constitute a policy instrument to protect public investment? In what way can this benefit public sector property ? Are the structures of the regime sufficiently well established to provide investors with enough certainty?
This paper aims to answer these questions by taking a trans-national perspective. The main concern is to resolve the problems of ownership or non-ownership of public sector assets in the context of financing trans-national investments.
This paper responds to this issue by examining (in two stages) the various consequences for trans-national investment; the first regarding the acquisition of …
The False Promise Of De-Regulation In Banking, Jonathan R. Macey
The False Promise Of De-Regulation In Banking, Jonathan R. Macey
ExpressO
Jonathan R. Macey
The False Promise of De-Regulation in Banking
Abstract
This Article presents new approach to the concept of "deregulation" in financial services and particularly banking. Generally regulatory policy is thought to involve more or less straightforward choices between regulation and deregulation. Those most concerned with market failure and equality of outcomes favoring regulation and those with faith in markets and concerns about efficient outcomes favoring deregulation.
This Article shows that government regulation, sometimes in heavy doses, is necessary in order for private markets to function effectively. Consequently, government has in important role to play in fostering markets. The …