This work empirically investigates the effect of the interaction between the rule of law and legal central bank independence (CBI) on price stability (the level of inflation and inflation volatility), employing a panel dataset that covers up to 124 countries over the period from 1970 to 2013. A...

The EU faces one of the deepest crises since its formation. A dangerous rule of law “backsliding” in several Member States undermines the Union's common values and puts Europe to the test. This raises the question of how to substantially address violations of EU values in order to call the...

This paper aims to present some preliminary ideas about the potential benefits and costs arising from the process of European Contract Law harmonization for the functioning of the existing national Contract Laws, and in the end, for the welfare of European societies. Some of those benefits and...

Europe is set to witness a ‘constitutional moment'. At issue is whether illiberal democracies become part of the European public order as laid out in Article 2 TEU, or are opposed by it. In the first case, the conventional self-understanding of Europe can no longer be maintained because the...

The paper presents some opinions on EULEX mission in Kosovo. It evaluates it setting up, functioning and potential success. It also encompasses reactions from the local population and the possible interference in area competences with other missions of the European Union and other international...

The paper offers a reflection on how the ECB approaches its mandate and tests how well its key crisis-response policies and initiatives rest within a framework of law. It is argued that there are limits to doing ‘whatever it takes', even when things are considered economically necessary. The...

This paper advances the proposition that the constitutional quandaries associated with Brexit have now so deepened that cracks begin to appear in an underlying constitutional bedrock which we can usefully identify as the idea of ‘Sustainable Governance' in the UK. The development of this...

Motivated, in part, by the new quot;rule of lawquot; paradigm in development economics, we examine the role of institutions, broadly defined, on the rate of mobile network build-out. We find that the quot;strictquot; rule of law (i.e., strong protection of private contract and property) does not...

This article focuses on the difficult relationship between the fight for the Rule of Law in the EU and the EU Charter of Fundamental Rights. It outlines the connections between the two and then focuses on when and how the Charter could and should play a more significant role in upholding the...

We demonstrate that the CJEU’s Achmea judgment has resulted in significantly more damage beyond the termination of intra-EU BITs. It made the application of EU law impossible. Indeed, it has opened the floodgate to deficient judicial protection in the face of structural backsliding of the rule...