The CAI as seen from Spain: a positive agreement with uncertain implementation

Asia Europe Journal - Spanish elite’s perceptions of the European Union-China Comprehensive Agreement on Investment (CAI) are positive given its economic and normative prospects and...     

Inter‐industrial wage differentials: Evidence from Latin American countries

The recent literature on inter‐industrial wage differentials for the United States suggests that the labour market equilibrium features non‐competitive elements. However, the lessons from the United States need not carry over to other countries, especially developing economies. This article analyses the wage differentials in selected Latin American countries. Despite the sharp contrasts between the Latin American and the US economies, our results show more similarities than differences with those reported in past studies. Wage differentials are substantial and persist over time; the differentials are also correlated across occupations and, to a lesser extent, across establishment sizes.     

Local technological capability and productivity spillovers from FDI in the Uruguayan manufacturing sector

This article examines intra‐industry spillovers from FDI in Uruguayan manufacturing plants in 1988, to determine whether differences in the technology gap between locally‐owned plants and foreign affiliates have any impact on the relation between local productivity and foreign presence. We find a positive and statistically significant spillover effect only in a sub‐sample of locally‐owned plants with moderate technology gaps vis‐à‐vis foreign firms. Our interpretation is that there are firm‐specific differences in the ability to absorb spillovers, and that these may explain some of the contradictory findings of earlier spillover studies.     

Morality, Law and the Fair Distribution of Freedom

Hart’s criticism of Devlin’s stance on the legal enforcement of morality has been highly influential in shaping a new liberal sensibility and in paving the way to many important legal reforms in the UK. After 50 years it is perhaps time to go back to Law, Liberty and Morality to see it in the perspective of the general evolution of Hart’s thought since the early 50s. This is a period of extraordinary creativity for the Oxford philosopher, in which he writes many important contributions to legal, moral and political philosophy. Prominent among these is ‘Are There Any Natural Rights?’, an article that sets the agenda for Hart’s subsequent work on liberty, fairness and rights, and provides the philosophical background for the liberal understanding of the relations between law and morality defended in Law, Liberty and Morality.     

Reform: economic policy administration

Beginning in 1992, Italy has undergone a dramatic process of fiscal consolidation. Within that framework, the policy strategy has covered a broad range of objectives and addressed the main structural imbalances of the Italian economy. This paper describes how the new policy course has been reshaping the role of the State within the Italian economy, with a view of reducing the State's weight and direct involvement in the management of businesses. This has also implied a profound transformation at the decisional and administrative levels, as testified by the ongoing merge of two separate administrations, the former Ministry of the Treasury and Ministry of the Budget, into a single entity.     

Ist das neue Umwelt-Rechtsbehelfsgesetz europarechtskonform?

Zusammenfassung Das Umwelt-Rechtsbehelfsgesetz ist am 15.12.2006 in Kraft getreten. Damit kam der deutsche Gesetzgeber seinem Auftrag zur Umsetzung des Gemeinschaftsrechts – wenngleich sehr versp?tet – nach. Schon vor dem Erlass des Gesetzes war die Umsetzung der v?lker- und europarechtlichen Vorgaben ein hei? diskutiertes Thema und auch nach der Umsetzung in deutsches Recht erhitzt die Frage nach der Europarechtskonformit?t des Gesetzes weiterhin die Gemüter. In diesem Beitrag sollen einige der umstrittenen Bestimmungen des Gesetzes n?her beleuchtet und auf ihre Vereinbarkeit mit dem Gemeinschaftsrecht geprüft werden.     

Unity, Diversity and the Fragmentation of International Law: How Much Does the Multiplication of International Organizations Really Matter?

It seems to be presumed by many that the simple multiplicationof international organizations (IOs) weakens the unity and integrityof international law. There is, in reality, nothing obviousin this assumption. First, there needs to be evidence of duplicationor overlaps in the various competences of IOs. Second, it needsto be proven that, in the instances in which the activitiesof IOs do overlap, such overlap translates into competition,divergence or conflict. Last, and most importantly, rival orcompeting activities must be of normative significance. Thisessay proposes to address the preliminary question which, infact, precedes and underpins all the others as regards the multiplicationof IOs and international legal unity: how do IOs matter in themaking of international law? IOs, we argue, are more shapersthan makers of international law and their multiplication istherefore not a source of increased chaos in the internationalnormative puzzle.