Institutionalizing Legal Consciousness: Regulation and the Embedding of Market Participants in the Securities Industry in Ghana and Fiji

How do differences in the implementation of regulation impact market behavior? I propose a theoretical framework to understand this impact as part of the process of embedding market participants through the institutionalization of legal consciousness within a field of action. I use this framework to understand the impact of the difference in the implementation of securities regulation in Ghana and Fiji. In Fiji, where the regulatory agency is more present and process‐oriented, brokers operate with a greater orientation toward formal rules. In Ghana, where the regulatory agency is distant and auditing, brokers rely on explicit enforcement of floor‐based norms. Conceiving of legal consciousness as an emergent feature of a field of social action advances the understanding of how legality is institutionalized, since the emergent structure shapes the orientations, behavior, and relations of actors within the field.     

Main Achievements of the ICTR

Since trials began in 1997, the International Criminal Tribunalfor Rwanda (ICTR) has conducted cases involving 50 accused,involving a prime minister and several ministers, prefects,bourgmestres and other leaders, who would otherwise not havebeen brought to justice. Judgments have been rendered in respectof 25 accused, with three acquittals. During the first mandate(1995–1999), the Tribunal delivered ground-breaking judgmentsconcerning genocide, such as Akayesu and Kambanda. In the secondmandate (1999–2003), the judicial output doubled and includedthe Media judgment. Halfway into the third mandate (2003–2007),trials involving 25 accused are ongoing. The ICTR is an efficientjudicial institution which has conducted fair trials, createdimportant jurisprudence, and made a significant contributionto the development of international criminal justice.     

Non-Traditional Security Dilemmas: Can Military Operations other than War Intensify Security Competition in Asia?

Can seemingly benign deployments of armed forces on military operations other than war (MOOTW) – such as humanitarian relief and anti-piracy missions – exacerbate security dilemmas? The security dilemma holds a central role in international relations theory, but existing analyses overlook whether non-traditional security operations drive security competition if perceived as threatening. Despite increased MOOTW participation throughout Asia, scant attention has been paid to the broader strategic implications of these operations. This article proposes a hypothesis in which MOOTW participation exacerbates security competition by revealing military capabilities and providing states with skills that make offensive action easier. The article tests this hypothesis by process tracing events surrounding Japan’s post-3/11 earthquake response. The findings suggest that MOOTW participation intensifies long-term security competition, especially when rising powers are involved.     

Who Inherits the State? Colonial Rule and Postcolonial Conflict

Postulating grievance‐based mechanisms, several recent studies show that politically excluded ethnic groups are more likely to experience civil conflict. However, critics argue that endogeneity may undermine this finding since governments' decisions to include or exclude could be motivated by the anticipation of conflict. We counter this threat to inference by articulating a causal pathway that explains ethnic groups' access to power independently of conflict. Focusing on postcolonial states, we exploit differences in colonial empires' strategies of rule to model which ethnic groups were represented in government at the time of independence. This identification strategy allows estimating the exogenous effect of inclusiveness on conflict. We find that previous studies have tended to understate the conflict‐dampening impact of political inclusion. This finding suggests that grievances have been prematurely dismissed from conventional explanations of conflict, and that policy makers should consider conflict resolution methods based on power sharing and group rights.     

Political actors,preferences and election rule re-design in Russia and Ukraine

Institutional designers, international organizations and post-Soviet political actors have directed considerable attention to the design and conduct of elections in postcommunist states. This article explores the nature of electoral system re-design by investigating the motives and interactions of legislators, parties and presidents. Following the veto players literature, the analysis focuses on the determinants of policy stability and change. The process of institutional re-design is evaluated in two cases: the successful introduction of the Law on Political Parties in Russia and unsuccessful attempts at major election reform in Ukraine. The article shows that the outcomes of policy reform processes in these 'superpresidential' systems were not solely determined by presidential preferences. Rather, to fully understand election system re-design, it is critical to evaluate the preferences of all relevant veto players.     

TECHNOLOGY AND ENTREPRENEURSHIP IN CHINA: Commercialization Reforms in the Science and Technology Sector

A vital component of China's reforms in the area of science and technology (S&T) activities during the last two decades has been improving the commercial exploitation of technology generated in research institutes. This article analyses the various concepts and measures introduced to guide policies for the commercialization of technology as well as various approaches employed by the Chinese government in the light of theories of market‐pull innovation and public choice.