Over the last couple of decades, non-majoritarian institutions (NMIs) have been introduced in many countries. Of late, they have been criticized as promoting technocracy to the detriment of democracy. A number of political scientists even argue that they would strengthen populists and be, hence,...

Antitrust authorities search public documents to discover anticompetitive mergers. Thus, investor disclosures may alert them to deals that would otherwise escape scrutiny, creating disincentives for managers to divulge transactions. We study this behavior in publicly traded US companies. First,...

The relationship between democracy and regulation is contested. At the federal level, in the absence of a national initiative of referendum process, or democratic control over regulators themselves, we find some democratic accountability in other ways—like the indirect election of the...

The rise of intermediary-less decentralized finance (“DeFi”) lending has led many to wonder how it should be regulated. Although DeFi lending could potentially offer reduced risks of centralization and market frictions, investors in DeFi lending are currently exposed to centralized risks and...

Banking supervisors worldwide recognise the pressing need to harness frontier technologies such as artificial intelligence (AI), particularly machine learning (ML), to enhance their efficiency and analytical capabilities. The European Central Bank (ECB) has similarly acknowledged the...

A confrontation with the blurred meaning of “public management” and “New Public Management” NPM is indispensable before trying whether there is an impact of such concepts on civil service regimes. Contrary to conventional wisdom, the division of public employees between “civil...

When individuals have questions about Federal benefits, services, and legal rules, they are increasingly seeking help from government chatbots, virtual assistants, and other automated tools. Current forms of automated legal guidance platforms include the U.S. Citizenship and Immigration...

This study examines the challenges and complexities arising from the use of English as the medium of administrative communication in government agencies' frontline services within the Zamboanga Peninsula (Region IX), Philippines. This study delves into the intricate interplay between the...