REGULATORY OPPORTUNISM: CROSS‐NATIONAL PATTERNS IN NATIONAL BANKING REGULATORY RESPONSES FOLLOWING THE GLOBAL FINANCIAL CRISIS

The variation in national regulatory responses to the recent global financial crisis has been considerable. This article explores this variation using new data on conditions in 30 different OECD countries between 2009 and 2012. Using a mixed‐method approach which employs both fuzzy‐set qualitative comparative analysis and logistic regression, we test a number of hypotheses regarding regulatory response patterns in the banking sector. Our findings suggest that while state intervention during the financial crisis was a necessary condition for a significant regulatory response, ‘financialization’, operationalized here as the structural dominance of the financial sector in the economy, plays a more important role. We show that financialization is both a sufficient condition and a good predictor of a significant regulatory response, and point to possible causal explanations for this surprising pattern.     

Commentary: The Logistics of Actionable Intelligence Leading to 9/11

Uncertainty is a hallmark of conflict behavior, and other forms of violence that accompany civil and international war—such as low-intensity warfare, guerrilla, insurgency, and asymmetric conflict—are no exception. This study applied the theory of political uncertainty and complexity theory to the analysis of conflict events during the first three years of the second Iraq war, 2003–2006, limited to the Diyala province. Findings show that neither the time between attacks T or the severity of attacks S (fatalities) have the “normal” (bell-shaped) or lognormal distribution that is characteristic of equilibrium systems. Instead, both variables showed heavy tails, symptomatic of non-equilibrium dynamics, in some cases approximating a power law with critical or near critical exponent value of 2. The empirical hazard force analysis in both cases showed that the intensity was high for the first epoch in both variables (March 2003 to June 2004) but even higher in the latter period from July 2004 to March 2006. Selected policy implications are discussed, including the possibility that real-time or near real-time analysis of the data analyzed through the uncertainty-complexity computational methods would have revealed the gathering momentum of adversarial attacks perhaps in time to have prevented the insurgency.     

Partisan Stacking on Legislative Committees

One aspect of the partisan model for legislative committee development that is rarely studied is the degree to which the majority party seeks to control legislative committees—and, thereby, chamber decisions—via numerically “overproportional” majority party representation on standing committees. This form of “party stacking” is often mentioned in the literature but has received little systematic examination and hypothesis testing. Using data from state legislative committees for all 49 partisan legislatures in the 2003–04 and 2005–06 sessions, we found support for the partisan model: majority party stacking is associated with a slim majority party advantage in a state legislative chamber.     

Does Institutional Structure Effect Public Health Expenditures?

This paper explores supply‐side costs and institutional structure in a shared authority state public health system. It is found that in a shared governance public health system, intermediary district structure influences the movement of limited resources to serve populations and persons most in need. This early empirical test suggests that policy making and public administration concerning public health expenditures in a shared governance system are in a practical sense local, but decisions made at the intermediary level by regional district administration are an important influence on local public health expenditures.     

NONSHARED ENVIRONMENTAL INFLUENCES ON ADOLESCENT DELINQUENT INVOLVEMENT AND ADULT CRIMINAL BEHAVIOR*

Findings gleaned from behavioral genetic research have revealed that nonshared environments are particularly important sources of behavioral variation. Surprisingly little criminological research has examined directly the effects of the nonshared environment on adolescent delinquent involvement and adult criminal behavior. The current study addressed this gap in the literature by calculating difference scores in a sample of 289 monozygotic (MZ) twin pairs to examine the effects of the nonshared familial environment on delinquent involvement, adult criminal behavior, levels of self‐control, and contact with antisocial peers. Analysis of MZ twin pairs from the National Longitudinal Study of Adolescent Health (Add Health) revealed that one nonshared family environment—maternal disengagement—was associated with delinquent involvement and the development of self‐control. The remaining nonshared familial environments, however, were not associated with antisocial outcomes. Implications of the findings are discussed.     

TRADITIONS OF LOCAL GOVERNMENT

This article explores local government traditions in the UK. This task is an important one for scholars who wish to understand and appreciate the rich cultural complexity of local government organizations. In local government settings, traditions can be used in the study and evaluation of political and managerial practices. They provide lenses through which the routines, structures and processes of management and politics may be viewed. The delineation of multiple traditions heightens the sense that local government is not a unified homogeneous organizational entity, but rather a melange of voices, interests and assumptions about how to organize, prioritize and mobilize action. They can be used to engage practitioners with the idea that different traditions inform political and managerial practices and processes in local councils. The approach embraces the significance of participants' constitutive stories about local government rather than the search for essential truths about the politics and management of the public sector.     

The Bush Administration and National Security Policy-making: A Preliminary Assessment

The Bush administration's approach to national security policy–making, at least as judged by the early record, can be characterized accordingly: managerial, collegial, incremental and pragmatic. Each of these elements will be considered in turn as part of a preliminary assessment of whether the Bush administration's approach to American national security is adequate to deal with the challenges that the United States will face in world affairs during the "post–Cold War era" of the 1990s.