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作者：Quaglia, Lucia
作者单位：University of Bologna
摘要：International non-majoritarian institutions (NMIs) in finance have proliferated over the last decades. The Basel Committee on Banking Supervision (BCBS) is the main international NMI in finance and the European Union (EU) is one of its core jurisdictions. Despite the far-reaching effects of international banking standards in the EU, especially the Basel accords, there has been limited politicization of delegation to the BCBS and no attempt to reverse it. Why? By taking a soft principal-agent a...
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作者：Cingolani, Luciana
作者单位：Hertie School
摘要：In a context where states increasingly complement their physical presence with digital means, the classic idea of infrastructural state power needs reconsideration. The COVID-19 pandemic represents an unparalleled opportunity to that end, given the uniformity of one type of digital infrastructural intervention-the offer of contact tracing apps- and its highly varying performance across geographies. Against this backdrop, the article seeks to expand traditional discussions on state infrastructu...
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作者：Bodea, Cristina; Carolina Garriga, Ana
作者单位：Michigan State University; University of Essex
摘要：In the last three decades, legal delegation of monetary policy to independent central banks (CBI) has achieved the status of a global norm of good governance. The recent backlash against this independence is an important but understudied trend. Our article analyzes the potential for delegation reversals with a focus on Latin America where CBI was effective in maintaining price stability, but placed important policy constraints on governments. We theorize that, in the shadow of the global norm ...
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作者：Cormier, Ben
作者单位：University of London; London School Economics & Political Science
摘要：Democratic Advantage (DA) arguments explicitly and implicitly assume that democracies have more transparent public debt, enhancing sovereign creditworthiness. This study questions the assumed link between transparent public debt practices and democracy in developing countries. It finds that such practices, which are crucial for investors, (a) do not depend on democratic governance and (b) largely erase the effect that DA variables regime type, rule of law, and property rights have on creditwor...
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作者：Jugl, Marlene
作者单位：Bocconi University
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作者：Sweet, Alec Stone; Sandholtz, Wayne
作者单位：University of Hong Kong; University of Southern California
摘要：International trustee courts embody a specific form of delegation, in which state principals confer on such courts the authority to interpret and apply treaties agreed by the states in order to realize specific values and interests. Human rights courts help states resolve commitment and enforcement problems that are inherent in human rights treaties. This study seeks to answer the question, what happens when states parties seek to reduce or eliminate the authority of a human rights court? To a...
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作者：Anceschi, Luca
作者单位：University of Glasgow
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作者：Pollack, Mark A.
作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University
摘要：The 21st century has witnessed a backlash against many international courts (ICs). Studies of IC backlash have generally taken an optimistic tack, noting that most courts have survived backlash intact or-in the case of the paralyzed Appellate Body (AB) of the World Trade Organization (WTO)-are likely to do so after a temporary period of slumber. In this context, this paper analyzes the United States' successful effort to paralyze the AB, deriving lessons from this deviant case of backlash agai...
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作者：Tesche, Tobias
作者单位：University of Amsterdam; University of Amsterdam
摘要：This article shows how the European Central Bank (ECB) reduced the risk of politicization and de facto de-delegation despite experiencing contestation. During the euro area crisis and the coronavirus emergency the ECB's monetary policy measures have been widely praised for their effectiveness. Even though the ECB is an independent trustee that cannot be easily sanctioned, it needs to engage with its principals to receive their political backing for common projects and in order to reaffirm its ...
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作者：Rangoni, Bernardo; Thatcher, Mark
作者单位：University of York - UK; Luiss Guido Carli University
摘要：National politicians in Europe have created independent regulatory agencies (IRAs) with significant powers over markets such as communications and energy. After delegation, they have engaged in institutional politicization of IRAs and undertaken numerous attempted or actual de-delegations. Yet overall de-delegation over the period 2000-2020 has been limited, as many de-delegations have been abandoned, temporary or reversed, and also counterbalanced by extensions of IRA powers. The article exam...
