3期

最新文章

• The WTO's appellate body: Legal formalism as a legitimation of global governance AI翻译
  作者：Picciotto, S
  作者单位：Lancaster University
  摘要：The creation of the Appellate Body (AB) of the World Trade Organization (WTO) entails an unprecedented delegation of power to an international adjudicator, because the WTO requires states to ensure compliance of their domestic regulations with the sweeping obligations in WTO agreements. This is legitimized in some academic analyses and much political rhetoric in terms of the rule of law, suggesting that the role of the adjudicator is merely to apply the precise words of the texts agreed by sta...
• Accountability in accounting? The politics of private rule-making in the public interest AI翻译
  作者：Mattli, W; Büthe, T
  作者单位：University of Oxford; Duke University
  摘要：Over recent decades governments have increasingly delegated domestic and international regulatory functions to private-sector agents. This article examines the reasons for such delegation and how private agents differ from public ones, and then analyzes the politics of regulation post delegation. It argues that the key difference between delegation to a public agent and delegation to a private one is that in the latter case a multiple-principals problem emerges that is qualitatively different ...
• Fiscal decentralization and the challenge of hard budget constraints. AI翻译
  作者：Ziblatt, D
  作者单位：Harvard University
• The new governance of markets and non-majoritarian regulators AI翻译
  作者：Coen, D; Thatcher, M
  作者单位：University of London; University College London; University of London; London School Economics & Political Science
• Holding global regulators accountable: The case of credit rating agencies AI翻译
  作者：Kerwer, D
  作者单位：Technical University of Munich
  摘要：Credit Rating Agencies (CRAs) are private nonmajoritarian regulators (NMRs) of international capital markets. Ratings of creditworthiness are ubiquitous in financial markets, and in this way they exercise considerable control over the flow of credit. CRAs entail a puzzle for the question of the legitimacy of global regulation. As profit seeking firms, they lack a formal element of coercion. Yet, CRAs are often criticized for wielding illegitimate power. Furthermore, the broad demand for accoun...
• Business-regulatory relations: Learning to play regulatory games in European utility markets AI翻译
  作者：Coen, D
  作者单位：University of London; University College London
  摘要：Although regulation is on the rise in the European Union, the liberalization of the telecommunication and energy markets has not created a uniform European Regulatory model. The principle focus of this article is to examine the interaction and regulatory learning between national regulatory authorities and business in the U.K. and German utility markets to assess the degree of convergence and demonstrate how the regulatory relationship has evolved beyond that envisaged in the initial delegatio...