• Business & Economics

Comparative Law and Economics


Author: the late Theodore Eisenberg,Giovanni B. Ramello
Publisher: Edward Elgar Publishing
ISBN: 0857932586
Category: Business & Economics
Page: 520
View: 6024
Contemporary law and economics has greatly expanded its scope of inquiry as well as its sphere of influence. By focussing specifically on a comparative approach, this Handbook offers new insights for developing current law and economics research. It also provides stimuli for further research, exploring the idea that the comparative method offers a valuable way to enrich law and economics scholarship. With contributions from leading scholars from around the world, the Handbook sets the context by examining the past, present and future of comparative law and economics before addressing this approach to specific issues within the fields of intellectual property, competition, contracts, torts, judicial behaviour, tax, property law, energy markets, regulation and environmental agreements. This topical Handbook will be of great interest and value to scholars and postgraduate students of law and economics, looking for new directions in their research. It will also be a useful reference to policymakers and those working at an institutional level.

    • Law

Capacity Mechanisms in the EU Energy Market

Law, Policy, and Economics
Author: Leigh Hancher,Adrien de Hauteclocque,Malgorzata Sadowska
Publisher: OUP Oxford
ISBN: 0191066176
Category: Law
Page: 400
View: 7216
Ensuring an adequate, long-term energy supply is a paramount concern in Europe. EU member states now intervene by encouraging investment in generation capacity, offering an additional revenue stream for conventional power plants in addition to the existing, heavily subsidised investments in renewable energy sources. These capacity remuneration mechanisms (or simply capacity mechanisms) have become a hot topic in the wider European regulatory debate. European electricity markets are increasingly interconnected, so the introduction of a capacity mechanism in one country not only distorts its national market but may have unforeseeable consequences for neighbouring electricity markets. If these mechanisms are adopted by several member states with no supra-national coordination and no consideration for their cross-border impact, they may cause serious market distortions and put the future of the European internal electricity market at risk. This book provides readers with an in-depth analysis of capacity mechanisms, written by an expert team of policy-makers, economists, and legal professionals. It will be a first point of reference for regulators and policy-makers responsible for designing optimal capacity mechanisms in Europe, and will be an invaluable resource for academics and practitioners in the fields of energy, regulation, and competition.

    • Political Science

Neoliberalism, Accountability, and Reform Failures in Emerging Markets

Eastern Europe, Russia, Argentina, and Chile in Comparative Perspective
Author: Luigi Manzetti
Publisher: Penn State Press
ISBN: 0271059648
Category: Political Science
Page: 312
View: 8576
The agenda of neoliberal market reform known as the Washington Consensus, which was meant to turn around the economies of developing and postcommunist countries and provide the bedrock of economic success on which stable democracies could be built, has largely proved to be a failure, with Russia and many Latin American countries like Argentina left in severe economic crisis by the end of the 1990s. Some proponents of neoliberal reform, such as Anne Krueger, have attributed this failure to the piecemeal and incomplete implementation of reform measures, while others, including Nobel Prize economist and former World Bank vice president Joseph Stiglitz, have pointed to technical flaws in the policies. While both of these assessments focus narrowly on economic factors, Luigi Manzetti highlights the crucial importance of political institutions and processes to a fully adequate explanation. His argument is that the ideology of neoliberal reform, rooted in the theories of Friedrich von Hayek and Milton Friedman, assumed political checks and balances that did not exist in many of these countries undergoing market reform, and that only by taking political accountability as an influential variable in the equation for success can we really understand what happened. Where accountability was weak, patterns of corruption, collusion, and patronage worked to undermine the intended aims of market reform. Manzetti uses both large N statistical analyses and small N case studies (of Argentina, Chile, and Russia) to provide empirical evidence for his argument.

    • Law

The Reform of EC Competition Law

New Challenges
Author: Ioannis Kokkoris,Ioannis Lianos
Publisher: Kluwer Law International
ISBN: 9041126929
Category: Law
Page: 578
View: 6642
This book represents a fresh approach to EC competition law - one that is of singular value in grappling with the huge economic challenges we face today. As a critical analysis of the law and options available to European competition authorities and legal practitioners in the field, it stands without peer. It will be greatly welcomed by lawyers, policymakers and other interested professionals in Europe and throughout the world.

    • Political Science

Sports law and policy in the European Union


Author: Richard Parrish
Publisher: Oxford University Press
ISBN: 1847795838
Category: Political Science
Page: N.A
View: 4552
Investigates the birth of EU sports law and policy by examining the impact of the Bosman ruling and other European Court of Justice decisions, the relationship between sport and EU competition law, the organization of sport, and the relationship between sport and the EU Treaty.


    • Business & Economics

China's economy in global perspective


Author: A. Doak Barnett
Publisher: Brookings Inst Pr
ISBN: N.A
Category: Business & Economics
Page: 752
View: 7612

    • Law

Conceptual Foundations of Antitrust


Author: Oliver Black
Publisher: Cambridge University Press
ISBN: 9781139448086
Category: Law
Page: N.A
View: 6641
This is a philosophical study of concepts that lie at the foundation of antitrust - a body of law and policy designed to promote or protect economic competition. Topics covered are: the nature of competition; the relation between competition and welfare; the distinction between per se rules and rules of reason; agreements; concerted practices; and the spectrum from independent action to collusion. Although there are many legal and economic books on antitrust, this is the first book devoted to the philosophical scrutiny of the concepts that underpin it. No prior knowledge of philosophy is presupposed. The book is primarily directed at students, theorists and practitioners of antitrust, but will also be useful to lawyers, economists, philosophers, political scientists and others who have an interest in the discipline.

    • Education

Regulating Pharmaceuticals In Europe: Striving For Efficiency, Equity And Quality

Striving for Efficiency, Equity and Quality
Author: Mossialos, Elias,Mrazek, Monique,Walley, Tom
Publisher: McGraw-Hill Education (UK)
ISBN: 0335226558
Category: Education
Page: 390
View: 9992
The rising cost of pharmaceutical expenditures in many European countries is of concern to governments required to make effective use of health care budgets. Taking a broad perspective that encompasses institutional, political and supranational aspects of pharmaceutical regulation, this book examines approaches used to manage pharmaceutical expenditure across Europe and what impact these strategies have had on efficiency, quality, equity and cost of pharmaceutical care. Regulating Pharmaceuticals in Europe is an important book for students of health policy, regulation and management, and for health managers and policy makers.

    • Law

Law and Economics in the RIA World

Improving the Use of Economic Analysis in Public Policy and Legislation
Author: Andrea Renda
Publisher: Intersentia Uitgevers N V
ISBN: 9781780680231
Category: Law
Page: 270
View: 9523
The use of economics in public policy, in the form of ex ante Regulatory Impact Analysis (RIA), is strongly advocated by international organizations, such as the Organization for Economic Co-operation and Development and the World Bank. In the US and the EU, hundreds of RIAs are produced every year to justify public intervention in the form of regulation. But, reality shows that, in many other countries, the adoption and implementation of this tool has been patchy at best. At the same time, the use of economics in RIA is heavily challenged by scholarly developments, such as behavioral economics, neuroeconomics, and the study of social norms, and was unable to predict and cure the financial crisis that hit the global economy in 2007. This book claims that RIA should incorporate recent developments from law and economics literature. It provides an analysis of the potential contribution of positive, normative, and functional schools of law and economics to the practice of RIA. The book contains thematic applications to policy fields, such as environmental protection, energy efficiency, financial markets, antitrust, cyberspace, and telecommunications. It provides far-reaching recommendations on the future of law and economics, as well as on the organization of RIA systems around the world, particularly in the US and the EU. (Series: European Studies in Law and Economics - Vol. 6)

    • Business & Economics

Law and Economics with Chinese Characteristics

Institutions for Promoting Development in the Twenty-First Century
Author: David Kennedy,Joseph E. Stiglitz
Publisher: Oxford University Press
ISBN: 0199698546
Category: Business & Economics
Page: 615
View: 1977
This volume examines the role of law in economic development. It focuses on China and analyzes how the development policies and institutional characteristics of the emerging Chinese market economy might aid policymakers, in developed and developing countries, to create and reform frameworks to achieve equitable and sustained development.

    • Business & Economics

A Legal and Economic Assessment of European Takeover Regulation


Author: Christophe Clerc,Fabrice Demarigny,Diego Valiante,Mirzha de Manuel Aramendía
Publisher: Ctr for European Policy Studies
ISBN: 9789461382344
Category: Business & Economics
Page: 277
View: 7585
"Takeovers are one-off events, altering control and strategy within an organisation. But the chances of becoming the target of a bid, even where remote, daily influence corporate decision-making. Takeover rules are therefore central to company law and the balance of power among managers, shareholders and stakeholders alike. This study analyses the corporate governance drivers underpinning takeover bid regulations and assesses the implementation of the EU Directive on takeover bids and compares it with the legal framework of nine other major jurisdictions, including the US. It finds that similar rules have different effects depending on company-level and country-level characteristics and considers the use of modular legislation and optional provisions to cater for them. This book is an abridged version, with additional policy suggestions, of the study prepared for the European Commission jointly by CEPS and the law firm Marccus Partners. The legal analysis in this book was conducted by Christophe Clerc, partner with the law firm Pinsent Masons and general manager of the Paris office and Fabrice Demarigny, Chairman of Marccus Partners and Head of Capital Market Activities within the Mazars group. The economic analysis was carried out by Diego Valiante, Research Fellow at CEPS and its in-house European Capital Markets Institute (ECMI) and by Mirzha de Manuel Aramendía, Researcher at ECMI and CEPS."--Publisher description.

    • Business & Economics

Competition Law and Economic Regulation in Southern Africa

Addressing Market Power In Southern Africa
Author: Jonathan Klaaren,Simon Roberts,Imraan Valodia
Publisher: NYU Press
ISBN: 1776141687
Category: Business & Economics
Page: 384
View: 9801
Shaping markets through competition and economic regulation is at the heart of addressing the development challenges facing countries in southern Africa. The contributors to Competition Law and Economic Regulation: Addressing Market Power in southern Africa critically assess the efficacy of the competition and economic regulation frameworks, including the impact of a number of the regional competition authorities in a range of sectors throughout southern Africa. Featuring academics as well as practitioners in the field, the book addresses issues common to southern African countries, where markets are small and concentrated, with particularly high barriers to entry, and where the resources to enforce legislation against anti-competitive conduct are limited. What is needed, the contributors argue, is an understanding of competition and regional integration as part of an inclusive growth agenda for Africa. By examining competition and regulation in a single framework, and viewing this within the southern African experience, this volume adds new perspectives to the global competition literature. It is an essential reference tool and will be of great interest to policymakers and regulators, as well as the rapidly growing ecosystem of legal practitioners and economists engaged in the field.

    • Law

Vertical Natural Gas Transportation Capacity, Upstream Commodity Contracts and EU Competition Law


Author: Kim Talus
Publisher: Kluwer Law International
ISBN: 9041134077
Category: Law
Page: 321
View: 6633
Because the EU depends on a very small number of external suppliers for its natural gas, energy security issues inevitably arise. In theory, competition law should regulate and adjudicate such issues. Yet, because contracts between EU companies and producers are highly sensitive and politically charged, the application of EU competition law to natural gas contracts is far from clear. This important book, drawing on ECJ case law, Commission administrative cases and inquiries, and the full range of relevant legal and economic theory, provides an extremely valuable and detailed study of how EU competition law can be applied to long-term natural gas capacity reservation and commodity contracts. Issues and topics such as the following arise in the course of the analysis: Third Gas Market Directive provisions; Article 102 TFEU cases on strategic under-investment; pre-liberation or "legacy" gas contracts (e.g., with Algeria and Russia); "right of first refusal"; take-or-pay requirement; third-party access; ownership unbundling; effect of elimination of priority access regimes; short-term trading; spot markets; and law and economics of vertical restraints. Focusing on the foreclosing effect of long-term upstream commodity contracts, the author recommends restrictions on the use of capacity reservation contracts, and analyses the efficacy of security of supply as a competition law defence in cases relating to such contracts.

    • Business & Economics

Electricity Restructuring in the United States


Author: Steve Isser
Publisher: Cambridge University Press
ISBN: 110710078X
Category: Business & Economics
Page: 526
View: 2982
Steve Isser provides a generalist history of electricity policy from the 1978 Energy Policy Act to the present, covering the economic, legal, regulatory, and political issues and controversies in the transition from regulated utilities to competitive electricity markets.

    • Political Science

The Political Economy of Regulation in Turkey


Author: Tamer Çetin,Fuat Oğuz
Publisher: Springer Science & Business Media
ISBN: 9781441977502
Category: Political Science
Page: 248
View: 4891
The Political Economy of Regulation in Turkey brings together leading international scholars and experts on Turkey and regulatory reform to provide essential information on the recent Turkish experience and its relation to competition policy. After the 1980 liberalization reform, Turkey tried to introduce competition in many industries, but network industries have remained as monopolies. At the end of the 1990s, regulatory reform was initiated and independent regulatory agencies have been established by the government. Comprehensive discussions of these network industries, in particular airlines, electricity, natural gas, telecommunications and environment regulations, are offered. The contributors inquire how economic theory and historical analyses can enlighten the character of market processes and the role for government action in these industries, and the contributions shed light on the very recent changes in the regulatory structure and important legal cases that shape the future of regulated industries. This book discusses these issues in an international perspective and relates the Turkish experience to other similar countries, such as in Eastern Europe and Central America. This book serves as a useful guide to those who want to understand major changes in Turkey and regulatory reforms in other emerging markets, making it of interest to researchers and PhD students concerned with regulatory economics, the Turkish economy, and economic policy in emerging markets.

    • Technology & Engineering

A European Market for Electricity?


Author: Lars Bergman,Romesh Vaitilingam,Centre for Economic Policy Research (Great Britain),Studieförbundet Näringsliv och samhälle
Publisher: Centre for Economic Policy Research
ISBN: 9781898128427
Category: Technology & Engineering
Page: 294
View: 3174
The second in CEPR's annual Monitoring European Deregulation (MED) series, this report explores the economic and regulatory aspects of a single European market for electricity and provides a basis for policy choices both at national and EU levels. The report combines analyses of key issues in electricity market integration and liberalization with evaluations of practical experiences in selected European countries: France, Germany, Norway, Spain, Sweden, and the UK. Key issues include: to what extent competition in national electricity markets is a necessary requirement for the integration of these markets, and the design of national electricity markets in which competition in generation and supply is allowed.Lars Bergman is at the Stockholm School of Economics; Gert Brunekreeft is at Institut fuer Verkehrswissenschaft, University of Freiburg; Chris Doyle is at the London Business School; David M G Newbery and Michael Pollitt are at Cambridge University; Pierre Regibeau is at Institut d'Analisi Economica CSIC, Bellaterra; and Nils von der Fehr is at Nuffield College, Oxford.

    • Political Science

The Kremlin Playbook

Understanding Russian Influence in Central and Eastern Europe
Author: Heather A. Conley,James Mina,Ruslan Stefanov,Martin Vladimirov
Publisher: Rowman & Littlefield
ISBN: 1442279591
Category: Political Science
Page: 86
View: 2575
Russia has cultivated an opaque web of economic and political patronage across the Central and Eastern European region that the Kremlin uses to influence and direct decisionmaking. This report from the CSIS Europe Program, in partnership with the Bulgarian Center for the Study of Democracy, is the result of a 16-month study on the nature of Russian influence in five case countries: Hungary, Slovakia, Bulgaria, Latvia, and Serbia.

    • Personnel management

Personnel Management Abstracts


Author: N.A
Publisher: N.A
ISBN: N.A
Category: Personnel management
Page: N.A
View: 5138