Foreign exchange interventions in a small emerging market: the case of Croatia

This paper studies the impact of daily official foreign exchange interventions on the exchange rates in Croatia for the period from 1996 to 2004. Using the event study methodology and a variety of GARCH models reveals that the Croatian central bank was in a position to influence, to some extent, the level of the exchange rate during the period studied. This lends support to the view that foreign exchange intervention may be effective in emerging market economies.     

Regulating for media pluralism and the pitfalls of standortpolitik: the reregulation of German broadcasting ownership rules

Germany has witnessed a veritable television boom over the last ten years. However, the plethora of new private channels masks an underlying duopoly, a concentration of media power that has not been prevented by an elaborate system of regulation. This article maps these developments, particularly the Lander competition for investment, the structural power of the media industry, and the emergence of a media policy ‘Grand Coalition’ between SPD North Rhine‐Westphalia and CSU Bavaria. It assesses the Federal Constitutional Court's role and highlights the public broadcasters’ crucial function to act as a pluralistic counterbalance in the dual public/private broadcasting system.     

A study of the effects of a Micelle Encapsulator Fire Suppression Agent on dynamic headspace analysis of fire debris samples

The effects of a Micelle Encapsulator Fire Suppression Agent (F-500, Hazard Control Technologies Inc., Fayetteville, Georgia) on the routine analysis of fire debris samples by Gas Chromatography (GC) were studied. When mixed with water the product can be used in the suppression of Class A and Class B fires. Laboratory tests were performed to determine whether or not the product has any effect on the analysis for ignitable liquids by GC, in particular for gasoline, medium petroleum distillates. and heavy petroleum distillates. Test burns were suppressed using either the micelle encapsulator or water and samples collected from these burns were analyzed. The results of analysis show that use of the micelle encapsulator at a fire scene may affect the chromatographic data obtained from samples collected by the investigator. However, the effect does not prevent the identification of common ignitable liquids in fire debris samples.     

Crafting village democracy in China: The roles, networking, and strategies of provincial elites

There is no obvious and direct correlation between the provincial level of economic development and democratic level of village elections. There is a great disparity in the level of rural democratization and the implementation of village self-governance among and within provinces. The modernization model alone cannot explain why village elections work well in some provinces but not in others. This paper looks at the political elite’s ongoing efforts at provincial level to conduct village elections and implement village self-governance in rural China. These efforts include the strategies for crafting village democracy employed by provincial elites: elite cooperation, local legislature, political responsibility, political programming, and the art of balancing party leadership and village elections. He has published extensively on China’s village elections and local governance. He is author and coauthor of several books. His current research interests include the development of non-state, local governance, and political participation. The author gratefully acknowledges the anonymous reviewers, Professor He Baogang of Deakin University and Professor Zhong Yang of University of Tennessee for their suggestions on an earlier draft. My special thanks to Professor Joseph Fewsmith of Boston University, Professor Tan Qingshan of Cleveland State University, and three anonymous reviewers for their insightful comments, as well as to East Asian Institute of National University of Singapore for providing support for this research.