Survival at the Intersection of Government and Business: The Unique Case of the Australian Trade and Investment Commission (Austrade)

The Australian Trade and Investment Commission (Austrade) is a government organization whose responsibility is to promote Australian exports and investment facilitation in global markets. It has a unique position of being a government agency and at the same time working alongside and with business in assisting exporters enter overseas markets. This relationship is often strained both for reasons of changing government preferences in terms of assisting exporters as well as pressures on the government budgets. Yet Austrade has been able to remain a steadfast intersection between government and business despite the competing strategies of its two main stakeholders – government and business. This paper assesses Austrade as a case of organizational survival maintaining its equilibrium through sound management and serendipity.     

China Investment Corporation’s Forays into Europe and the United States: explaining the different receptions

This study analyses the changing investment climates for China’s sovereign wealth fund, the China Investment Corporation (CIC), in the US, the UK and France. It assesses legislative flexibilities, public opinions and macroeconomic conditions in the three polities in order to ascertain whether the investment review process of each is susceptible to politicization, and if such susceptibility has changed in line with macroeconomic variations. The study finds that the US investment review process is susceptible to politicization and that such politicization has likely taken place following the recovery from the global financial crisis, resulting in a worsened investment climate for Chinese investors, including CIC. The investment review processes in the UK and France have not been susceptible to politicization. Moreover, negative macroeconomic conditions for each of the two countries following the eruption of the Eurozone crisis have resulted in an improved investment climate for CIC, although brought about by the proactive stance of governments and companies rather than by any de-politicization.     

Comparing deep-end confinement in England & Wales and Norway

Extreme forms of custody represent the boundary points of state power. The configuration of the most restrictive corners of prison systems, and what goes on within them, is highly instructive in exposing the objectives, limits, and implications of state coercion at its most severe. Based on data collected in England & Wales and Norway, this article has two main aims. The first is to explore the degree to which “deep-end” confinement differs between jurisdictions with different penal philosophies. The second is to understand how the most extreme form of confinement in each jurisdiction differs from the more typical carceral experiences within each system and its overall penal ethos. Empirically, then, the article seeks to shine light into the deepest dominions of both prison systems, illuminating the experiential texture of extreme forms of imprisonment. It concludes by asking what can be inferred about Nordic exceptionalism, and about deep-end confinement more generally, by analyzing these domains.     

Immigration and Swiss‐EU Free Movement of Persons: Question of a Safeguard Clause

The issue of migration is a current topic in different European countries. In this paper, we concentrate on the case of Switzerland. After the adoption of the Mass Immigration Initiative on 9 February 2014, Switzerland is faced with a challenging task. It needs to implement the constitutional mandate to manage migration autonomously, although Switzerland has a bilateral free movement of persons agreement with the EU. We present an approach to a solution for discussion. The basic idea is to maintain the principle of freedom of movement without fixed quotas or national priority but with a safeguard clause for (statistically) exceptional situations. An exceptional situation occurs if serious social, economic or political difficulties arise. As an objective method to determine serious difficulties, we choose an excessive percentage in net migration, defined on the basis of the situation in the EU/EFTA. If the net migration in Switzerland is getting excessive, the safeguard clause could be called. In addition, we take other factors into account such as the amount of the EU/EFTA foreigners and the labor market.     

An Economic Theory of Court Delay

Delay undermines the performance of courts around the world. Its implications and possible solutions, however, are not so widely understood. The assessment of the efficiency of delay as a rationing mechanism requires a general theory, which looks at the effect on the number of conflicts, suits, settlements and trials. The outcome is somewhat disturbing: delay may be socially beneficial, but the assumptions seem prohibitively strict. The policy implications are that court delay is best reduced via increases in court fees and improvements in legislative and judicial quality.