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In recognition of the severe consequences of the recent international financial crisis, the topic of macroprudential policy has elicited considerable research effort. The present study constructs, for 46 economies around the globe, an index of the capacity to deploy macroprudential policies....
Persistent link: https://www.econbiz.de/10012982273
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The results of this study indicate that companies have built strong capabilities for collecting information. However, their ability to interpret information, disseminate gained insights and trigger management reactions leaves room for improvement: Only 23% of the participants state that SF...
Persistent link: https://www.econbiz.de/10014204204
The past decades have witnessed an exponential increase in food scares of various sources. All these food-safety incidents have driven equally mushrooming regulatory responses by different actors at different levels with different experimental approaches. Such diverse norm-making activities...
Persistent link: https://www.econbiz.de/10014164143
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LIBOR, the predominant family of global short-term rate benchmarks for the past 40 years, ceases to exist in June 2023. Given the low volumes of interbank loans on which LIBOR had been based, the revelations that LIBOR had been manipulated, and the risks that countless LIBOR-dependent financial...
Persistent link: https://www.econbiz.de/10014254685
How have practices of governance-through-knowledge modified themselves in response to a century of critiques of the objectivity of modern science? This article takes inspiration from the work of Jasanoff, Riles, Latour and others to identify a mode of 'governing as if': a pragmatic mode of...
Persistent link: https://www.econbiz.de/10014145967
This paper deals with the EU's trade policy with two objectives: on the one hand, we study the performance of EU … assessment of protection is carried out for the enlarged EU. Overall, it appears that notwithstanding the rhetoric about … preferential access, several developing countries are the ones facing the highest hurdles in getting into the EU markets. Both …
Persistent link: https://www.econbiz.de/10014058184
-liberalism'. Against this background, the present paper is focussed on the following point. With the EU bench-marking system being … appropriate statistical techniques and indicators, the benchmarking system provided by EUROSTAT seems to be sufficiently effective … feasibility. The European Union benchmarking exercise is embedded in the context of the Open Method(s) of Co-ordination (OMC …
Persistent link: https://www.econbiz.de/10014071233
relations, benchmarking and 'soft' forms of regulation are increasingly to the fore. This article traces the origins of … benchmarking from management tool to regulatory instrument, in particular analysing its functioning at the levels of the Euro …, benchmarking is likely to prove no more effective a means of co-ordination than the traditional Community method …
Persistent link: https://www.econbiz.de/10014080377