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A cross section analysis of 23 OECD members shows that there is an antagonistic relationship between the legal protection of investor interests on the one hand and labour interests on the other: the stronger the legal protection of investor rights in a country, the less developed are the...
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Statutory interpretation is at the cutting edge of legal scholarship and, now, legislative activity. As legislatures have increasingly begun to perceive judges as activist meddlers, some legislatures have found a creative solution to the perceived control problem: statutory directives. Statutory...
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powerful interest groups able to lobby the EU policymakers. Persson and Tabellini (1994) argue that political centralization … will increase the size of the government through lobbying because of free-riding incentives created by federally funded … the incentives to lobby. The result is an unchanged budget under centralization. Moreover, it is shown that if the …
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