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Romanian Journal of Public Affairs is aiming to promote interdisciplinary research in governance, public administration, public affairs, public policy, law, economics and finance, following the philosophy of international interdisciplinary journals.This number of the journal contains the...
Persistent link: https://www.econbiz.de/10013322065
The existing restraints in the liberal professions field have been the subject of analysis and intervention of competition authority for years. Characterized by specific forms of professional practice from offices, chambers, individually or associated in professional civil companies,...
Persistent link: https://www.econbiz.de/10014149499
Persistent link: https://www.econbiz.de/10010229205
This is a preliminary study on the status of the U.S. in the global market for derivatives-related services. We include some of the policy choices available to enhance this status. We begin with a review of the importance of active and efficient derivatives markets for the U.S. economy. We then...
Persistent link: https://www.econbiz.de/10009507015
How important is mastering information and communication technologies (ICT) in modern labor markets? We present the first evidence on this question, drawing on unique data that provide internationally comparable information on ICT skills in 19 countries. Our identification strategy relies on the...
Persistent link: https://www.econbiz.de/10011416403
Although few citizens outside of the livestock industry have heard about this veterinary drug, ractopamine is set to become not only the source of public concern but also the trigger of another endless transatlantic trade dispute. After years of scientific and political deadlock, the Codex...
Persistent link: https://www.econbiz.de/10010380793
In general, banks play a growth-enhancing role for the real economy. However, distorted incentives of banks, depositors, and regulators around bank insolvency may corrupt banks' credit allocation and monitoring decisions, leading to suboptimal real economic outcomes. A rules-based prompt...
Persistent link: https://www.econbiz.de/10010339378
Objectives-based legislation - or laws which focus on achieving particular and concrete outcomes - has become a new and …-based legislation - and the frequent principles-based regulation underpinned by such legislation - represents a stark departure from … most other countries). By describing the way Hong Kong's legislators would adopt such objectives-based legislation putting …
Persistent link: https://www.econbiz.de/10010493935
This paper outlines relatively easy to implement reforms for the supervision of transnational banking-groups in the E.U. that should not be primarily based on legal form but on the actual risk structures of the pertinent financial institutions. The proposal also aims at paying close attention to...
Persistent link: https://www.econbiz.de/10010391982
In the last few years, many of the world’s largest financial exchanges have converted from mutual, not-for-profit organizations to publicly-traded, for-profit firms. In most cases, these exchanges have substantial responsibilities with respect to enforcing various regulations that protect...
Persistent link: https://www.econbiz.de/10003831252