Although Russia's WTO-accession is foreseeable, there are still deficits in the literature on its concrete effects on the sectoral and regional levels. In this paper we analyze effects on Russia's chemical and petrochemical sectors (CPS), which are, unlike for example its oil and mineral gas...

In response to the recent Financial Crisis -after it had been widely accepted that "a serious disturbance in the economy of Member States" had occurred, and that several measures were required to remedy this disturbance, various Commission communications were adopted and these include: The...

Given that approximately 70% of Romanian households' incomes are targeted to consumption, establishing a sTable and coherent legal regime for the rights of what we call the consumer is extremely important.What is the consumer and the professional is not a question easy to answer, considering the...

Globalisation is the political phenomenon that has come to dominate the world since the nineties of the last century with the end of the cold war. It is been lowered the barriers to competition and investment. Energy sector liberalization is milestone in Turkey electricity market. Measurement of...

Abstract This study re–examines the theory of legal–origin on the basis of a new longitudinal dataset for four OECD countries (UK, USA, France and Germany) over a long time span 1970–2005. It observes that the civil law countries (France and Germany) provided better minority shareholder...

In current horizontal merger policy in the US and the EU an explicit efficiency defense is allowed. On both sides of the Atlantic mergers are unconditionally approved if internal efficiencies are sufficient to reverse the mergers’ potential to harm consumers in the relevant market. Current...

The main argument of this paper is, namely, the need for greater emphasis on disclosure requirements and measures – particularly within the securities markets. This is justified on the basis of lessons which have been drawn from the recent Financial Crises, one of which is the inability of...

This paper attempts to analyze the results of Japan’s new bar examination, so far held in 2006 and 2007, and to investigate why the new bar examination had unanticipated outcomes. The major findings from regression analysis are: 1. The ratio of professor committee members affects the pass...

Indissolubly connected to people’s life, being part of it, property has represented a problem of continuous feature, having an especially important place within the economical, socio-political and philosophical sciences. The study of this article herein is trying to make a brief analysis of...

There is a question whether the execution rate is appropriate to examine the deterrent effect of death penalty. Instead of using execution rate, this paper uses dummy variables to categorize states into different groups and to compare the group mean homicide rates. With US state-level panel data...