Measuring Economic Integration in Developing Countries: The Case of Central America

This article builds a composite index, the Central American Integration Index (IIC-AMPI), to measure economic integration. This index utilises a robust methodology and conceptual framework. The study shows that IIC-AMPI is responsive to variable changes and resistant to outliers. The findings indicate that the Deep Integration Process initiative dominates the current integration trend, as seen in the regional average score from 2015 to 2017, aligning with Guatemala and Honduras. Nicaragua demonstrates the most consistent progress, while Panama lags behind. The evidence supports the Customs Union as Central America's future integration path, highlighting the index's ability to capture the dynamic reality of economic integration.     

The effect of valence and ideology in campaign conversion: panel evidence from three Spanish general elections

This paper studies changes in voting preferences over election campaigns. Building on the literature on spatial models and valence issues, we study whether (1) ideological distance to political parties, (2) assessments of party competence to handle different policy issues, and (3) voter-updated candidate evaluations are factors that explain shifts in voter choices in the weeks preceding the election. To test our hypotheses, we use data from three survey panels conducted for the 2008, 2011 and 2015 Spanish general elections. Our findings show that valence factors are more influential than ideological indifference to account for campaign conversion.     

Puerto Rico: National security,economic growth and colonialism

Abstract

Puerto Rico's significance for the US state and imperialism has gradually deteriorated. In the context of recent global changes and new developments in the US political economy the logic that justified colonial control cannot be sustained. However, an array of counteracting political and economic forces are conspiring to overcome the altered material and geopolitical conditions that make evident the need for Puerto Rico's decolonization.

Colonialism has given rise to an array of forces that impedes any changes in Puerto Rico's formal political status. Where once the US state, corporate capital and the dominant political forces in Puerto Rico were in relative agreement on sustaining the colonial enterprise, a new constellation of competing forces has emerged. Within Puerto Rico proponents for the status, quo and those who agitate for statehood have reached virtual electoral parity. Monopoly “capital, primarily in Pharmaceuticals, dominates the local economy. However, it is challenged by North American unions and their congressional allies who seek to rescind the lucrative fiscal policies that account for these firms exorbitant profits. Agencies of the US state and congressional committees are at odds on what needs to be done to sustain an unmanageable, increasingly expensive and anachronistic colony.

This essay presents a framework for examining the array of forces and conditions that continue to erode the colonial relation and that explains colonialism's fragility in the current period of global readjustment.     

The international diffusion of electoral systems: The spread of mechanisms tempering proportional representation across Europe

There is an assumption in much of the electoral engineering literature that domestic episodes of electoral system choice occur in a vacuum, isolated from international influences. Yet this assumption remains largely untested, despite the comparative focus of much of that literature. This article focuses on part of this gap by considering two electoral mechanisms that seek to limit party system fragmentation under proportional representation – low district magnitudes and high electoral thresholds – and shows that the mechanisms have spread across many European countries during the post‐1945 period. Analyses reveal that national legislators are more likely to adopt one of these electoral mechanisms when a large number of peer countries have made similar choices within the last two or three years. This effect is robust to various model specifications and to the inclusion of multiple controls. The article also offers some qualitative evidence from case studies and parliamentary debates.     

Book Reviews

Books reviewed:
The Law of Energy for Sustainable Development , edited by Adrian J. Bradbrook, Rosemary Lyster, Richard Ottinger and Wang Xi , published by Cambridge University Press, 2005, 630pp, £75.00, hardback.
Fresh Water and International Economic Law , edited by Edith Brown Weiss, Laurence Boisson de Chazournes and Nathalie Bernasconi-Osterwalder , published by Oxford University Press, 2005, 506pp, £70.00, hardback.
Handbook of Global Environmental Politics , edited by Peter Dauvergne , published by Edward Elgar, 2005, 560pp, £125.00, hardback.
Emerging Forces in Environmental Governance , edited by Norichika Kanie and Peter M. Haas , published by United Nations University Press, 2004, 320pp, US$36.00, paperback.
Economic Globalization and Compliance with International Environmental Agreements edited by Alexandre Kiss, Dinah Shelton and Kanami Ishibashi , published by Kluwer Law International, 2003, 352pp, £85.00, hardback.
German Environmental Law for Practitioners , edited by Horst Schlemminger and Claus-Peter Martens , 2nd edition, published by Kluwer Law International, 2004, 833pp, £119.25, hardback.
The International Climate Change Regime: A Guide to Rules, Institutions and Procedures , Farhana Yamin and Joanna Depledge , published by Cambridge University Press, 2004, 730pp, £40.00, paperback.     

Violence, bribery, and fraud: the political economy of?elections in Sub-Saharan Africa

Post-Soviet African democratization has introduced elections into contexts that often lack restraints upon the behavior of candidates, resulting in the emergence of voter intimidation, vote-buying, and ballot fraud. We propose a model of electoral competition where, although some voters oppose violence, it is effective in intimidating swing voters. We show that in equilibrium a weak challenger will use violence, which corresponds to a terrorism strategy. Similarly, a nationally weak incumbent will use repression. However, a stronger incumbent facing local competition will prefer to use bribery or ballot fraud. We discuss the applicability of the model to several African elections.     

Quest for the Holy Grail—Is a Unified Approach to the Market Freedoms and European Citizenship Justified?

The case law of the CJEU on the economic free movement of people has departed from the traditional requirement that a nexus must be established between individual free movement and cross‐border economic activity, which has led to an extension of its scope. It is submitted that concerns with the protection of fundamental rights of European citizens are driving this process, and that the CJEU has sought to protect these fundamental rights through the market freedoms in two ways: by arguing that market freedoms are fundamental right themselves, and/or that European Citizenship has changed their normative underpinnings and status. This Article criticises both lines of argument, and defends a third: that the protection of these fundamental rights must be achieved at European level, if at all, through a conception of European Citizenship able to stand on its own.     

Politicization,banking experience and risk in savings banks

During the global financial crisis, criticism of the politicization and lack of professionalization of the savings banks has taken a central position in the political debate. The aim of this article is to analyze if the political presence of governing bodies in Spanish savings banks has been reflected in their various risk-taking behaviors before and during the financial crisis. We will also analyze whether the influence of the chairman’s banking experience matters. The results do not provide evidence that the composition of the boards of savings bank, or even their politicization, have played a role. However we show that savings banks run by a chairman with previous banking experience are likely to be significantly more solvent and less volatile.