1,696 research outputs found

    The Proposed Food and Drugs Act: A Legal Critique

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    The New Rules of Federal Appellate Procedure: Changes in Style and Substance

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    This article discusses the substantive changes to the Federal Rules of Appellate Procedure and Federal Rule of Civil Procedure 23

    The end of jobs for life?: corporate employment systems: Japan and elsewhere

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    "It is not only in Japan that traditional employment systems are being called into question. It has become conventional wisdom on the OECD conference circuit that we are entering a new era of intensified global competition in which only the most and quot;flexible" firms can survive. ''Flexibility'' and the elimination of rigidities, particularly labour market rigidities, became, in the mid-1980s, the keynote of prescriptions both for lack of competitiveness and for rising unemployment. Even earlier reservations about the desirability of preserving a "core" of stable, long-serving, committed workers, differentiated from a flexible "periphery" have given way to prescriptions for wholesale ''down-sizing.'' There is a flexibility trade off. Concern with labour market flexibility -- especially managers'' ability to hire and fire at will -- is strengthened in the Anglo-Saxon economies by the inflexibility of the financial markets they face. Japanese firms, being more insulated from the short-term demands of shareholders, have hitherto been able to afford more ''rigid'' employment systems from which they gain the advantage of employee commitment and cooperative and flexible attitudes to work. But today the competitiveness/flexibility concern grows in Japan too. The lifetime employment/seniority-constrained pay and promotion system is under attack. Advocacy of change is common; assertions that wholesale change has already taken place almost equally common. The reasons are to be found partly in the objective situations of many firms after four years of recession, partly in a loss of self-confidence and a ''resurgence of the American model.'' Actual change seems in fact to be marginal, but there are a number of grounds for expecting change in the future: value change -- greater affluence, diminished work ethic, and diminished egalitarianism; the possible resurgence of shareholder power; the declining influence of unions; the declining ''intellectual quality'' of blue-collar and routine white-collar workers; increased inter-firm competition and the reduction of industry cartel understandings; slower growth; low wage competition, particularly in future from China, and the "hollowing-out" response thereto. Those who have a stake in Japan''s "employee sovereignty" jimponshugi, and would be reluctant to see it slide into just another version of "shareholder sovereignty" Anglo-Saxon capitalism, might be expected to be proposing legislation to bring company law in line with current Japanese reality. No one seems to be doing so.

    The New Rules of Federal Appellate Procedure: Changes in Style and Substance

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    This article discusses the substantive changes to the Federal Rules of Appellate Procedure and Federal Rule of Civil Procedure 23

    Corruption: Democracy, Autocracy, and Political Stability

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    The recent empirical literature on corruption has identified a long list of variables that correlate significantly with corruption but only five were distinguished by Leamer’s Extreme Bounds Analysis as robust to various samples, measures of corruption, and regression specifications. Among these five factors that were found to reduce corruption are decades-long tradition of democracy and political stability. In today’s world, however, there are many countries that combine one of these two robust determinants of corruption with the opposite of the other: politically stable autocracies or newly formed and unstable democracies. The central question raised in this paper is: Is it worth, in terms of corruption, for a country to trade stability with autocratic rule for political freedoms but with transitional instability? We find that the answer to this question is in the affirmative - the level of corruption is indeed lower in unstable democracies than in stable dictatorships. Our results are robust to various measures of corruption, alternative regressor indices, and regression specifications.corruption, democracy, autocracy, dictatorship, political stability

    The Association of Economic Crises and Investor-State Arbitration Cases

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    The number of investor-state arbitration disputes has been on the rise since the mid 1990s. Their determinants are still not fully understood. This study empirically examines the effects of economic crises on investor-state arbitration claims, based on international investment agreements (IIAs). We use a unique dataset containing 961 investor-state arbitration claims covering 132 host (defendant) and 75 home (claimant) countries over the 1986-2017 period. We find that episodes of economic crises are positively and significantly associated with the number of investor-state arbitration cases and we uncover evidence that the type of economic crisis matters. In addition, the positive impact of economic crises on arbitration cases is inversely related to the rule of law in a host country. These results are consistent with the view that governments are prioritizing policy actions aiming at mitigating the negative impact of economic crises over compliance with their obligations in IIAs. From a policy perspective, our results suggest that besides strengthening the rule of law domestically, the IIA system should be reformed with a focus on avoiding a vicious circle, thus shortening the recovery period after economic crises.Series: Department of Economics Working Paper Serie

    Vol. 31, no. 1: Full Issue

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    The Kentucky High School Athlete, January 1983

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    https://encompass.eku.edu/athlete/1285/thumbnail.jp

    The Athlete, January 1990

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    https://encompass.eku.edu/athlete/1355/thumbnail.jp
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