"Separation of ownership and control" is a phrase whose history will forever be associated with Adolf A. Berle and Gardiner C. Means' The Modern Corporation and Private Property (1932), as well as with Institutionalist economics, Legal Realism, and the New Deal. Within that milieu the large...

There exist multiple rationales for the U.S. extraterritorial tax system. The rationales seek to explain why overseas Americans should be subject to worldwide taxation by the United States.This paper challenges those rationales: The allegiance rationale is outmoded and rejected by the U.S....

A growing literature focuses on the quot;global public goodsquot; generated by foreign interventions. Global public goods have traditional public good characteristics, but their benefits extend across societies and regions. We analyze how well-intentioned foreign interventions to provide global...

Ecuador's 2008 constitution is fundamentally aspirational in terms of the environmental rights it guarantees. In Ecuador, social rights have received immediate implementation priority, even though their implementation, financed through resource extraction revenues, has required the government to...

In this paper I advance and empirically support the indigenous religious values hypothesis, which holds that religions espouse the values indigenous to the countries in which they develop. To identify the indigenous values of a religion's homeland, I rely on the negative relationship between...

Recent data advances have opened exciting new avenues for analyzing the political economy of foreign aid. Recent papers have looked at the social, environmental or welfare implications of aid. This paper, however, combines geo-referenced data on foreign aid with a similarly coded dataset of FDI...

Investment arbitration was originally developed primarily to protect investors from wealthy developed countries against arbitrary expropriations by governments in developing countries. However, over time, it has taken on a very broad dynamic and is nowadays often used to limit regulatory...

This article examines how The wealth of nations (1776) was transformed into an amorphous text regarding the imperial question throughout the late nineteenth and early twentieth century. Adam Smith had left behind an ambiguous legacy on the subject of empire: a legacy that left long-term effects...

Spanish Abstract: En el artículo se pretende demostrar como el estado colombiano se inserta dentro de nuevos sistemas de poder en el que la pluralidad de las fuentes de autoridad lo han obligado a asumir escenarios de “soberanía compartida”, propios de la política mundial actual. Para...

Model uncertainty remains a persistent concern when exploring the drivers of civil conflict and civil war. Considering a comprehensive set of 34 potential determinants in 175 post-Cold-War countries (covering 98.2% of the world population), we employ stochastic search variable selection (SSVS)...