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The global financial crisis has focused much attention on procyclicality, particularly in the context of a macroprudential framework. This paper reviews a set of prudential measures that can be adopted by national authorities to deal with procyclicality and discusses issues in designing and...
Persistent link: https://www.econbiz.de/10012975729
countries fight about under World Trade Organization (WTO) dispute settlement. The paper characterizes the scope of products, as …
Persistent link: https://www.econbiz.de/10012972945
amendments related to the most contentious regulation of all-Chapter Vb of the Industrial Disputes Act - which stipulates that …
Persistent link: https://www.econbiz.de/10012747713
Disputes indicators assess the legal and institutional framework for commercial arbitration, mediation, and conciliation …An effective commercial arbitration regime matters for foreign investors. It gives parties the autonomy to create a … dispute resolution system tailored to increasingly complex disputes. Foreign investors view arbitration as a way to mitigate …
Persistent link: https://www.econbiz.de/10012973934
Trade policy commitments to lower import tariffs and to maintain tariffs at low levels entail short and long-run political-economic costs and benefits. Empirical work examining the relationship between such commitments and the exercise of trade policy flexibilities is still relatively nascent,...
Persistent link: https://www.econbiz.de/10012974687
Following an 8-year long dispute over cotton subsidies, Brazil and the United States signed a Memorandum of Understanding on April 21, 2010, effectively paving the way for settling the dispute. This paper argues that cotton subsidies are just the tip of the iceberg while a number of other,...
Persistent link: https://www.econbiz.de/10012976001
financial regulation. First, the paper proposes a broad index of regulatory quality for financial inclusion, emphasizing the …
Persistent link: https://www.econbiz.de/10012894579
The author evaluates the effectiveness of policy measures adopted by Chile and Colombia, aiming to mitigate the deleterious effects of pro-cyclical capital flows. In the case of Chile, according to his Generalized Method of Moments (GMM) analysis, capital controls succeeded in reducing net...
Persistent link: https://www.econbiz.de/10012747799
No systematic study has examined the effect of post-conflict justice on the duration of peace on a global basis. This … reports the presence of various forms of post-conflict justice efforts (trials, purges, reparation to victims, and truth … commissions) as well as processes associated with abstaining from post-conflict justice (amnesty and exile). It investigates the …
Persistent link: https://www.econbiz.de/10012747783
In its latest World Health Report, The World Health Organization (WHO) argues that a key dimension of a health system …
Persistent link: https://www.econbiz.de/10012966166