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Examining onsets of political instability in countries worldwide from 1955 to 2003, we develop a model that distinguishes countries that experienced instability from those that remained stable with a two-year lead time and over 80% accuracy. Intriguingly, the model uses few variables and a...
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This essay investigates the role of WTO Member States’ political institutions in their decision to comply with adverse rulings. In the end, implementation of these rulings is a political act that Member States must undertake on their own. The decision to comply will thus be affected by...
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This article re-examines key explanations of the Global Financial Crisis-product complexity, behavioural biases in decision making, systemic risk, and regulatory arbitrage and capture-and finds a common underlying cause, namely gaming by personnel at all levels in the banking sector and its...
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