TRUMP'S CYCLE OF FAILURE

正The United States goes it alone down the protectionist road On July 6,U.S.President Donald Trump launched a series of punitive and counterproductive tariffs on $34 billion worth of Chinese goods and products.In response,China applied reciprocal tariffs on$34 billion worth of U.S.goods.These moves come on top of U.S.tariffs already imposed on Chinese steel,aluminum,washing machines and solar panels.     

TOP PRIORITY TASK

<正>Deepening supply-side structural reform is at the heart of China’s economic progress endeavors The annual gathering of the National People’s Congress(NPC)and the National Committee of the Chinese People’s Political Consultative Conference(CPPCC),commonly called the Two     

Gubernatorial Veto Powers and the Size of Legislative Coalitions

Few political institutions are as central to theories of lawmaking as the executive veto. Despite its importance, institutional continuity at the national level has precluded identification of empirical effects of the veto on legislative behavior. We address this limitation and present evidence from the states demonstrating how the veto affects the formation of legislative coalitions and, indirectly, executive influence over policymaking. We find consistent evidence that the presence and strength of gubernatorial veto powers affect the lawmaking behavior of state legislatures. Our analysis shows how institutional provisions condition executives' ability to affect policy outcomes in separation‐of‐powers systems.     

Predatory bidding in competitive tenders: A Swedish case study

Public procurement by competitive tendering is an important part of European policies to encourage competition in network industries previously dominated by public companies. In recent years, the appearance of very low bids has become an issue in several countries. We discuss predatory bidding from a theoretical, practical and legislative point of view. A case of tendering for train services in Sweden is used to illustrate the possibilities to detect an abnormally low bid. An analysis of projected costs and revenues is complemented with a method using historical data on previous tenders. One conclusion is that there is scope for reform in national competition policies in European Union member states concerning multinational enterprises participating in local tenders. JEL Classification K21 · K23 · L12 · L43 · L92