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When things go wrong, it is always good to find someone to blame. As the credit crisis started to unfold in 2007, credit rating agencies (“CRAs”) emerged as the villain – or scapegoat, one might say – for commentators and regulators alike. To sum up, observers accused CRAs of doing a...
Persistent link: https://www.econbiz.de/10013120955
economies around the world in 2004, 2005, 2006 and 2007. The Reports focus on business regulation by looking at regulations that …Under the auspices of the World Bank, "Doing Business" reports have been issued in relation to business activity in … measure business regulation and various types of regulated activities in a number of identified sub-indices (now 10) and to …
Persistent link: https://www.econbiz.de/10014222416
Persistent link: https://www.econbiz.de/10013023742
The beginning of the twenty-first century saw an apparent change in language in public discourses characterised by the rise of so-called “essentially oxymoronic concepts”, i.e., mainly oxymora and paradoxes. In earlier times, these rhetorical figures of speech were largely reserved for the...
Persistent link: https://www.econbiz.de/10013232110
Conventional economic analysis assumes that Central Counterparties (CCPs) may help to reduce systemic risk and avoid future financial crises by mandating the central clearing of over-the-counter (OTC) derivatives. This view largely goes unchallenged by governments, regulators, practitioners, and...
Persistent link: https://www.econbiz.de/10014101938
liberty to state interests, without necessarily making the world safer …
Persistent link: https://www.econbiz.de/10014175984
This article examines the June 2010 report of the International Labour Organisation Governing Body’s Committee on Freedom of Association (CFA) made in response to a complaint by the Communications, Electrical, Electronic, Energy, Information, Postal, Plumbing and Allied Services Union of...
Persistent link: https://www.econbiz.de/10014176141
The paper argues that without a realistic understanding of criminal enterprise located against the commercial forces shaping contemporary Asian market contexts, then domestic, bi-lateral, regional and international control initiatives are not only likely to fail in their regulatory objectives,...
Persistent link: https://www.econbiz.de/10014176169
An examination of some of the recent decisions of the panels and Appellate Body demonstrates the continuing evolution of WTO trade rules through traditional processes of treaty interpretation, reference to earlier jurisprudence and judicial reasoning. The quasi-judicial development of the law in...
Persistent link: https://www.econbiz.de/10014176216
Trade and investment treaties have proliferated throughout the Asia-Pacific region. Their dispute resolution mechanisms are important in entrenching market access commitments, especially when providing for direct claims by firms against states. But the Global Financial Crisis has also heightened...
Persistent link: https://www.econbiz.de/10014176931