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This paper revisits the soft budget constraint problem arising in decentralised countries. Capturing the specific dynamics of political decision making in a federation, new light is shed on the incentives at work when lower-level (state) governments overborrow and are bailed out by the federal...
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legislation of interprofessional organizations on product chain. The interprofessional organizations on product chain are meant … relationships and the stiffness required by the legislation. …
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, but also recommendations about legislation. …
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professionalism of sport. However, an in-depth analysis of the legislation governing the sports sector reveals several factors which …
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Huge controversy has arisen since the Copyright (Amendment) Bill 2014 of Hong Kong, dubbed “Internet Article 23” by netizens, appeared in public view again, which was not adopted in the end. One of the concerns commonly raised by end users was whether uploading cover version (which refers to...
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Legislation plays a major role in the automobile manufacturing sector. The European legislation has a prominent … international role in this respect. We examine the impact of the European Parliament, Council (2000) Directive 2000/53/EC on the EU … sector that prevents the further diffusion of manufacturing and remanufacturing capabilities within EU with profound positive …
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