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State-owned and other state-invested enterprises (SIEs) have become more prominent in the global economy over the last decade. A growing role for state-invested enterprises in the marketplace is not in itself onerous. According to an OECD consensus, as expressed through the Organisation’s...
Persistent link: https://www.econbiz.de/10010382770
The editors of the leading yearbook of global civil society studies offered to the authors of this article an opportunity to present a skeptical account of global civil society as the opening chapter in the 2004/5 yearbook. The article examines the standard account of global civil society as the...
Persistent link: https://www.econbiz.de/10014058560
We study the impact on consumers of privatization and liberalization in the telecommunication sector for 15 EU Countries. Policy reforms are summarized by the OECD regulatory indicators (REGREF), that consider the extent of privatization, vertical disintegration, and market entry. After...
Persistent link: https://www.econbiz.de/10014041584
We question previous research assuming that privatizing firm performance generally benefits from decreasing state ownership and the passage of time, both of which purportedly align principal-agent incentives promoting organizational decision-making that increases shareholder value. When state...
Persistent link: https://www.econbiz.de/10014047034
In this paper we document the extent and reach of state capitalism around the world and explore its economic implications. We focus on governmental provision of capital to corporations – either equity or debt – as a defining feature of state capitalism. We present a stylized distinction...
Persistent link: https://www.econbiz.de/10014169182
While global health law as a conceptual and academic field is relatively new, efforts to coordinate international measures against the outbreak and spread of disease are more than a century old. The history of global health law is, for the most part, a story of traditionally conceived sovereign...
Persistent link: https://www.econbiz.de/10014086393
Since it became involved in telecommunications during the course of the nineteenth century, the state has played several roles in telecommunications: owner-operator, regulator, facilitator, and stopgap for private sector deficiencies. During the past two decades direct state involvement in...
Persistent link: https://www.econbiz.de/10013158987
Procurement professionals will increasingly be asked to play an important role in adapting to and mitigating the effects of climate change. Unfortunately, we don't have time to waste, either feeling hopeless or waiting for changes to the Federal Acquisition Regulation (FAR) and subsequent...
Persistent link: https://www.econbiz.de/10013312050
In this paper we present and test a theory of how political corruption, found in many transition and emerging market economies, affects corporate governance and productive efficiency of firms. Our model predicts that underdeveloped democratic institutions that do not punish political corruption...
Persistent link: https://www.econbiz.de/10010381906
Both theoretical and empirical studies have shown that democracy and corruption have substantial influence on environmental policy. In this paper, we empirically analyse whether both democracy and corruption are equally important determinants. When these variables are jointly included as...
Persistent link: https://www.econbiz.de/10014067326