Self-legitimation in the face of politicization: Why international organizations centralized public communication

International organizations (I0) have centralized their public communication to a large extent over recent decades by undertaking a broader codification of communication tasks as well as a departmentalization of these tasks within units of IO bureaucracies. The paper provides the first systematic analysis of this important development in institutional design using a novel data set on the organization of public communication in 48 IOs between 1950 and 2015. It identifies self-legitimation as a key driver of centralization in the face of increased levels of politicization, that is, public awareness and activism directed at IOs. Empirically, the study suggests that the centralization of public communication significantly increases as transnational civil society organizes and gains access to IO decision-making. Further, politicization in terms of contentious activism and public scandals substantially accounts for varying levels of centralization across IOs.     

Biased contests

We examine the effects of providing more accurate information to a political decision-maker lobbied by competing interests. We investigate how this bias in the direction of the correct decision affects efficiency, measured (inversely) by both the probability of taking an incorrect decision, and the amount of social waste associated to lobbying activities. We present a benchmark model in which increasing the bias always improves efficiency. However, this result is fragile as slight changes in the contest success function lead to slightly different models in which under either criterion there is no guarantee that more accurate information improves the decision.     

Is resilience enough? The macroprudential reform agenda and the lack of smoothing of the cycle

After the financial crisis, central banks were entrusted with implementing an ambitious macroprudential reform agenda. The goal was arguably twofold: to increase the resilience of the financial system and to lower the amplitudes of the financial cycle. A decade later, the implementation of the agenda is characterized by the pursuit of measures to raise the resilience of the financial system, while tools to smoothen the cycle have been rather sidelined. To explain this difference in implementation efforts, the article combines ideational scholarship with the analytical stance of reputational theory and analyses the technocratic debate over macroprudential strategy among policy‐makers of the Fed, the Bank of England (BoE) and the European Central Bank (ECB). The article identifies reputational concerns linked to the need for discretionary interventions, the uncertain scientific status of the concept of the cycle and missing metrics as causes for concern, leading most central banks to shy away from forcefully implementing this policy goal.     

Ownership structure, regulation and the market for corporate control in the EU banking sector

This paper analyzes the efficiency of shareholder control and hostile takeovers as corporate governance mechanisms in the EU banking sector against the background of the existing corporate governance regulations and different ownership structures of banks in the EU. The results indicate the there is trade-off in EU corporate governance regulation between better investor protection and a higher efficiency of the market for corporate control. The main problem is differences in the ownership structure of banks in the EU banking sector. This implies that EU corporate governance regulations should be customized to the specific ownership structure of banks and not toward harmonising national regulations.     

Dating ivory by determination of 14C, 90Sr and 228/232Th

A method is described to determine the time of death of elephants. This is accomplished by analysis of the radionuclides 14C, 90Sr and 228/232Th in known samples of ivory, and in samples of unknown age. The reliability of this method is considerably increased by multi nuclide analysis.     

Universal Love or One True Religion? Experimental Evidence of the Ambivalent Effect of Religious Ideas on Altruism and Discrimination

Contrary to the expectations of secularization theory, religion remains socially important and affects politics in multiple ways—especially regarding conflict between religious communities. Theoretically, religion can increase altruism, but belief in the superiority of one's faith may facilitate intergroup discrimination and related conflict. Previous findings remain inconclusive, however, as specific religious ideas have hardly been tested. In this article, we argue that the content of religious ideas has causal effects on intergroup discrimination. We hence test the impact of two opposing, prominent religious ideas on altruism and discrimination: universal love and the notion of one true religion. Conducting dictator games with Christians and Muslims in Ghana and Tanzania, we find causal effects: Whereas the idea of one true religion increases intergroup discrimination, that of universal love fosters equal treatment. The policy implications hereof are obvious—promoting tolerant religious ideas seems crucial to avoiding conflict.     

The Great Recurrence: Karl Polanyi and the crises of the European Union

In his seminal 1944 book The Great Transformation, Polanyi describes the rise and fall of liberal capitalism during the long nineteenth century. Many have realised that Polanyi has a lot to tell about the European Union in the aftermath of the financial crisis. The paper begins with an overview of Polanyi's historiography of the failure of nineteenth‐century liberal capitalism and his account of the four elements that helped liberal capitalism thrive, while precipitating its collapse—the idea of the self‐regulating market, the gold standard, international peace and liberal constitutionalism. Thereafter, the paper describes the particular transformations that these four elements underwent in the course of European integration and after the financial crisis, with a particular focus on the case law of the Court of Justice. The paper argues that their current constellation has a destructive potential that exceeds the economic dimension of the Union and might pave the way for a much greater failure, one that might defeat Europe's greatest success: the establishment of peace. Ultimately, the paper assesses current reform proposals in light of these insights and makes a number of proposals for re‐embedding the economy in society.     

Gleichordnung der Grenzgerichte oder Überordnung des Verfassungsgerichts?

Ohne Zusammenfassung     

The European refugee crisis,party competition,and voters’ responses in Germany

Studies show that globalisation creates political potentials that can transform electoral competition in Western societies. The specific process of how these potentials become effective is not completely understood. It is argued in the article that attention-grabbing events can trigger the transformation of electoral competition as they force actors to take clear positions and thereby allow citizens to align their partisan preferences and policy attitudes. The article analyses the case of German parties’ reaction to the arrival of large numbers of refugees at Europe’s borders in 2015/16. Using panel data that bracket this event, it is shown how German citizens responded to party behaviour by changing partisan preferences on the basis of prior immigration attitudes. The so-called refugee crisis may thus have been a critical juncture transforming party competition in Germany. As such, the crisis represents a striking example of how events may focus attention on a new policy dimension and catalyse the evolution of new cleavages.