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Members of the European Currency Union and even a majority of all other Member States of the European Union are faced with high public and private depts. It is almost obvious that many Member States will have a problem with repaying depts and even are endanger to fall through interest payment....
Persistent link: https://www.econbiz.de/10010480911
The data issued by the WTO Secretariat on disputes shows that "developing countries" have participated in one-third of the cases 1995-2005. The data should be corrected to exclude some OECD member countries and some others with high GDP per capita. These adjustments reduce by about 30 the number...
Persistent link: https://www.econbiz.de/10011790307
The rise of the emerging southern economies – China, India, Brazil, and South Africa (CIBS) – as both economic and political actors, is having significant and far-reaching impact on the world economy. Notwithstanding the increasing amount of study and research, there are still important...
Persistent link: https://www.econbiz.de/10010284701
Ecological labels are a market-oriented environmental policy instrument which is applied in a rising number of countries. Products have to meet several criteria in order to qualify for a label. Criteria on production processes of goods can potentially conflict with international trade rules....
Persistent link: https://www.econbiz.de/10010260763
Two issues stand out in this conversation. The first concerns the unfinished business of the global fight against the scourge of poverty, which impacts one region more than most: Africa. At the same time, a key pre-requisite for economic performance - affordable and efficient public...
Persistent link: https://www.econbiz.de/10010435379
This paper studies whether political budget cycles occur in public procurement in the European Union. Using project- level data from Tenders Electronic Daily (2008-2018), I analyze different steps along the procurement process, namely the publication of the contract notice, the awarding of the...
Persistent link: https://www.econbiz.de/10012319472
Labour rights violations and poor working conditions are rife in global production networks (GPNs). Until now research on labour governance in GPNs has been dominated by private measures. We ignite discussions on the role of the state in governing labour conditions in GPNs by focusing on a less...
Persistent link: https://www.econbiz.de/10014001203
Der vorliegende Beitrag geht der Frage nach, in wie weit polit-ökonomische Ansätze den Prozess der Osterweiterung der Europäischen Union erklären können. Eine grundlegende These der Arbeit lautet wie folgt: Kritiker der Theorien rationaler Entscheidungen beziehen sich häufig auf eine sehr...
Persistent link: https://www.econbiz.de/10010262872
of complementary patents. In this context, we study how the allocation of bargaining power between principal and agents … completion, efficiency requires concentrating bargaining power in the principal. Strengthening the bargaining position of the … or discriminatory offers. When this collective action problem is severe enough, agents are better off when bargaining …
Persistent link: https://www.econbiz.de/10014537034
Why do rational politicians choose inefficient policy instruments? Environmental regulation, for example, often takes the form of technology standards and quotas even when cost-effective Pigou taxes are available. To shed light on this puzzle, we present a stochastic game with multiple...
Persistent link: https://www.econbiz.de/10012215330