This working paper examines the institutional reaction to the sovereign debt crisis in Europe. The response has so far consisted of three new financial mechanisms: the European Financial Stabilisation Mechanism, the European Financial Stability Facility, and the European Stability Mechanism....

The concept of " institutional corruption" as developed by Professor Dennis Thompson is a critically important way to understand the failings of a modern democratic state. In this paper, Professor Lessig advances one way to simplify the analysis of "institutional corruption," through the...

Recent decades have seen a wave of institutional changes of the core democratic rules in advanced democracies. These changes include reforms of electoral systems, decentralization of power to sub-national governments, the creation or enhancement of direct-democratic institutions, a rise in...

Should South-Mediterranean economies continue their financial integration in the world economy, considering their current stance and in view of the experiences of developed economies with the global financial crisis? The economies of the North-African rim, that is Morocco, Algeria, Tunisia,...

Interest groups have played an important if unappreciated role in shaping intellectual property rights. As economies are driven by ideas, rather than manufactured goods, there is likely to be a reconfiguration of the incentives granted and withheld from innovators. The paper argues that prizes...

Developing a climate of mutual trust and promoting a renewed regional integration, especially one that enables to connect the economic systems and encourage the proliferation of transnational production chains, are two priority courses of action that the current circumstances impose upon Latin...

This paper, based on cross-regional empirical research, provides an integrated analytical framework for understanding the emergence of populism in seemingly different political contexts in both Europe (including Greece, France and the Netherlands) and Latin America (including Peru and...

In recent years tax havens and offshore financial centres have come under increasing political pressure to cooperate with other countries in matters of taxation and efforts to crowd back tax evasion and avoidance. As a result many tax havens have signed tax information exchange agreements...

In Ruiz Zambrano and Dereci the Court found that the Treaty prohibits expulsion of a family member of a Union citizen if that expulsion would force the Union citizen to leave the Union too. This is of particular importance where the Union citizen is a child, since children are particularly...

States are reticent to support the idea that they have human rights obligations to people other than their own. However decades of United Nations consideration and human rights standard-setting in the area of international cooperation have advanced interpretations of the obligation whereby...