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September 11 changed the American economy and the global insurance market. The insurance industry no longer covers terrorism risk for "free." The traditional insurance mechanism alone cannot spread the risk of repeated catastrophic losses. Beyond the Terrorism Risk Insurance Act of 2002 lingers...
Persistent link: https://www.econbiz.de/10014058715
This article aims to contribute to the ongoing debate on post-capitalist economy by exploring the contours of a sustainability-oriented model of economic governance. To this end, the article analyzes the issues of sustainable development in the three main strands of international economic law...
Persistent link: https://www.econbiz.de/10012908461
In Kiobel v. Royal Dutch Petroleum Dutch and British private corporations were accused of having aided and abetted in the violation of the human rights of individuals in Nigeria. A lawsuit, however, was brought in the United States, relying on the Alien Tort Statute – part of a Judiciary Act...
Persistent link: https://www.econbiz.de/10013061673
This paper analyses the relationship between the EU sustainable finance legal framework (‘EU SF framework’) and the most common ESG standards. We present two different types of analysis. Firstly, we analyze the content of the international standards incorporated by reference in the EU SF...
Persistent link: https://www.econbiz.de/10014361479
On September 9, 2008, the European Court of Justice dismissed the appeals by two Italian companies – FIAMM Spa and Giorgio Fedon & Figli Spa – seeking compensation for damages suffered as a consequence of the US increased custom duties authorised by the WTO Dispute Settlement Body (DSB) in...
Persistent link: https://www.econbiz.de/10014046067
This legal contribution reflects on the changing role of central banks in the global economy by observing three interconnected developments: globalization, regionalization and the global financial crisis. The hypothesis at the outset is that these developments which are to a considerable extent...
Persistent link: https://www.econbiz.de/10013131590
The protracted international dispute on currency manipulation has exposed the weakness of the contemporary international economic law framework in regulating the sovereign intervention on foreign exchange rate. The legal mandate of the WTO on currency manipulation remains questionable and the...
Persistent link: https://www.econbiz.de/10013099993
While to an economist, business person or policy maker, movement of goods, services and foreign direct investment should logically be covered in the same agreement, history has not allowed this to happen. International legal regimes are spinning into greater fragmentation as the number of...
Persistent link: https://www.econbiz.de/10013084312
Taxpayers' money may not be put at risk again. Financial firms have to be efficiently supervised in order to make the financial sector more resilient against any future market turmoil. Efficient supervision can be achieved only when timely and accurate information is constantly assessed by...
Persistent link: https://www.econbiz.de/10013088507
In recent years, the oil & gas industry has started, to realize how important IP is to the industry. The oil & gas industry owns a large variety of state of the art technologies utie of the art knowledge. Problem arises when these technologies are transferred through different business models.In...
Persistent link: https://www.econbiz.de/10013001742