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Full-Text Articles in Law

Financial Crisis Containment, Anna Gelpern May 2009

Financial Crisis Containment, Anna Gelpern

Articles in Law Reviews & Other Academic Journals

This Article maps financial crisis containment - extraordinary measures to stop the spread of financial distress - as a category of legal and policy choice. I make three claims.

First, containment is distinct from financial regulation, crisis prevention and resolution. Containment is brief; it targets the immediate term. It involves claims of emergency, rule-breaking, time inconsistency and moral hazard. In contrast, regulation, prevention and resolution seek to establish sound incentives for the long term. Second, containment decisions deviate from non-crisis norms in predictable ways, and are consistent across diverse countries and crises. Containment invariably entails three kinds of choices: choices …


Traditional Culture: A Step Forward For Protection In Indonesia, Peter A. Jaszi Jan 2009

Traditional Culture: A Step Forward For Protection In Indonesia, Peter A. Jaszi

Traditional Knowledge and Culture

Traditional Culture: A Step Forward for Protection in Indonesia is the culmination of research conducted as part of a group of scholars, journalists, and observers of the arts who made multiple trips to Central Java and Bali to look at the practice of certain “traditional” arts. These arts—Javanese wayang kulit, gamelan music, and batik, and Balinese dance, gamelan music, and ikat—have, like most Indonesian arts, historically operated without Intellectual Property (IP) regulation. Professor Jazsi met with artists, performers, and creators to discuss their concerns regarding the current state of their arts, and to explore possibilities for attribution and compensation for …