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作者:Lepers, Etienne; Thiemann, Matthias
作者单位:City St Georges, University of London; Institut d'Etudes Politiques Paris (Sciences Po)
摘要:In the fallout of the 2008 crisis, macroprudential policy has been installed as the policy remedy against future financial instability, a primary focus being developments in the real estate sector. With house prices consistently rising in the EU since 2014, causing alarm among macroprudential supervisory bodies, a core question of EU regulatory governance is how far macroprudential bodies have been capable of bringing about countercyclical actions against the build-up of such vulnerabilities. ...
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作者:Andrews-Speed, Philip; Putra, Nur Azha
作者单位:National University of Singapore
摘要:The International Atomic Energy Agency asserts that the regulation of the safety of civil nuclear power requires national regulatory agencies to be effectively independent. However, in the early years of national civil nuclear power programs national nuclear industries were dominated by iron triangles or subgovernments of powerful actors with an interest in promoting the industry. The creation of an independent safety regulator requires a radical restructuring of the national governance framew...
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作者:Kaplan, Stephen B.; Shim, Sujeong
作者单位:George Washington University; New York University; New York University Abu Dhabi
摘要:Why does the International Monetary Fund (IMF) exit its lending relationships before member states have resolved their financial crises? It is particularly surprising given that the IMF often resumes its lending shortly after its withdrawal. We argue that IMF withdrawals are conditioned by global contagion risk. The tension between the IMF's mandate of global financial stability and its limited financial resources compels the IMF's early exit from its lending relationships. During periods of h...
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作者:Bloomfield, Michael John; Manchanda, Nivi
作者单位:University of Bath; University of London; Queen Mary University London
摘要:To examine how private regulatory governance reproduces a market logic that always already circumscribes possibilities for radical change, we tarry with Michel Foucault's notion of governmentality and his writings on power. We focus on two major initiatives created to regulate gold supply chains, subjecting their publicly released documents to a discourse analysis. This reveals subtle but tangible examples of how these initiatives discursively shape business preferences and possibilities for e...
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作者:Dougherty, Christopher N.; Phillips, Susan D.
作者单位:Carleton University; Carleton University
摘要:Celebrity is a form of policy influence that can occur under distinctive circumstances. This paper draws on the regulatory/policy capture literature to develop a model of celebrity capture that explains how interest groups can affect policy in the absence of economic clout or constituency mobilization. We posit that the likelihood of celebrity capture increases when several factors align: (1) a context open to change; (2) reduced oversight in decisionmaking processes; (3) organizations that ha...
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作者:Schapiro, Mario G.
作者单位:Getulio Vargas Foundation
摘要:This article discusses Brazil's prudential developmentalism through a case study that challenges the expected trade-off between Basel rules and the developmental state. Under the Brazilian arrangement, the Central Bank has substantially implemented the new Basel rules, while policymakers have dealt with significant developmental mechanism. This piece's central claim is that two institutional capacities support prudential developmentalism. The first is the Brazilian Central Bank's regulatory ca...
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作者:Bauer, Michael W.
作者单位:European University Institute
摘要:Populist, illiberal, or outright autocratic movements threaten democracies worldwide, particularly when such extreme political forces gain control of executive power. For public administration illiberal backsliders in government pose a dilemma. Trained on instrumental values and expected to implement neutrally the political choices of their elected superiors, bureaucrats lack orientation of how to act in situations when obeying their own government may mean becoming an accomplice to democratic...
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作者:Delpierre, Alizee; Demaziere, Didier; El Fatihi, Hajar
作者单位:Massachusetts Institute of Technology (MIT)
摘要:Statistical profiling algorithms claiming to predict which jobseekers are at risk of becoming long-term unemployed are spread unevenly across countries. However, the pathways and histories of these tools are understudied. Because the profiling path in France is a winding one, it is fruitful to study the production of profiling acceptability within the Public Employment Service (PES), and upstream of its reception by frontline advisers. Using a mix of interviews and written sources, we show tha...
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作者:Donadelli, Flavia; van der Heijden, Jeroen
作者单位:Victoria University Wellington
摘要:Following the traditional doctrine of the regulatory state, regulatory agencies should be given very focused mandates and stay away from the politicized realm of distributive policies and decisions. An opposing perspective would state that if regulatory agencies can contribute to economic redistribution, positive results such as network expansion, economies of scale, and fiscal efficiency will ultimately lead to lower levels of regulatory failure. This article tests whether, in countries of hi...
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作者:Sadeh, Tal; Rubinson, Eyal
作者单位:Tel Aviv University; Ariel University
摘要:Vast literature studies Independent Regulatory Agencies (IRAs). We contribute by studying the benefits of independence when the agent's work is relational and by studying developing and developed democracies worldwide and over many years. We do this by studying national Debt Management Offices (DMOs)-the state agencies that plan, issue, and manage national debt. DMOs define the benchmark assets on which capital markets and monetary policy depend-industry standards-and their decisions have allo...