Capital Market Imperfections, Uncertainty and Corporate Investment in the Czech Republic

In this study we examine private investment behavior of firms in the Czech Republic. A special feature of the study is that the investment equations include variables which may give some more insights into the role of capital market imperfections as well as the effect of uncertainty. Our results find support for the accelerator model. We find evidence for cash-flow effects on Czech corporate investment. It is striking that indeed smaller longer privatized firms face relatively less cash flow restrictions. Financial structure doesn't matter as much as we expected. We find that smaller firms react positively to more uncertainty.     

Finland's penal colonies: The forbearant model and community-based corrections

Community-based corrections is widely heralded as the proper basis for future penal administration. Penal colonies of Finland are employed in this paper to relate changes in society at large to innovation in corrections. The penal colonies were the indirect result of the postwar crisis in Finland and changes brought by industrialization and urbanization. Unprecedented opportunities for solving problems of conventional administration motivated officials to introduce penal colonies as a means of accomodating prisons to the new expectations being imposed on correctional work. The forbearant model is proposed as a hesitant and primitive reaction to pressures to bring corrections into conformity with the trends shaping society at large. This model is useful in analyses of the American movement toward community-based corrections.     

EU Counter-radicalization Policies: A Comprehensive and Consistent Approach?

The challenge of violent radicalization is an important part of (the Prevent pillar) of the 2005 EU Counter-terrorism Strategy and is specifically dealt with in the 2005 EU Strategy for Combating Radicalisation and Recruitment to Terrorism. This article assesses the EU counter-radicalization approach by comparing the above mentioned strategies and other policy documents to theoretical notions on radicalization and counter radicalization. It focuses on the comprehensiveness, implementation and consistency of the EU policies that aim to prevent individuals from turning to violence, while halting the emergence of the next generation of terrorists.     

Work release and periodic detention in New South Wales: The custodial model and role experimentation

The custodial model is singled out from among the possible alternative models for work-release programs. Although custody-oriented staff typically are conservative and oppose change, work release programs press them into unfamiliar relationships with residents and with members of the free community. Without formal guidance, personnel engage in role experimentation that holds potential as a prelude to significant penal reform. Implications are suggested through analysis of periodic detention and work release as different schemes followed in New South Wales.     

Two factors in development of work release: size and location of prisons

Among the important recent trends in corrections is the remarkable spread of work release among the state prison systems. Forty-one states have authorized such a program. This development is assessed in terms of two of the factors affecting the potentiality of work release—the number of prison units and their geographical location relative to the state's job market. The highest work-release participation rate was recorded in 1971 by those prison systems with many units well distributed about their respective state. The lowest rate was that of the systems with a large share of total inmates concentrated in giant or large prisons. The various housing strategies are defined; the use of several community centers is found to be associated with the highest work-release participation for each type of prison system. Prospects for further expansion of work release are discussed.     

A preliminary theory of dark network resilience

A crucial contemporary policy question for governments across the globe is how to cope with international crime and terrorist networks. Many such “dark” networks—that is, networks that operate covertly and illegally—display a remarkable level of resilience when faced with shocks and attacks. Based on an in‐depth study of three cases (MK, the armed wing of the African National Congress in South Africa during apartheid; FARC, the Marxist guerrilla movement in Colombia; and the Liberation Tigers of Tamil Eelam, LTTE, in Sri Lanka), we present a set of propositions to outline how shocks impact dark network characteristics (resources and legitimacy) and networked capabilities (replacing actors, linkages, balancing integration and differentiation) and how these in turn affect a dark network's resilience over time. We discuss the implications of our findings for policymakers. © 2011 by the Association for Public Policy Analysis and Management.     

A Full Stop to Amnesty in Argentina: The Simon Case

In Simón, the Argentine Supreme Court held that two amnestylaws, adopted in the late 1980s in order to shield authors ofserious human rights violations committed during the so-called‘Dirty War’ (1976–1983), were unconstitutionaland void. Although the Argentine Congress had already repealedthe two laws in 2003, uncertainty about the validity of thisparliamentary decision had led to some controversy. With itsdecision in Simón, the Supreme Court puts an end to thelegal uncertainty concerning the prosecution of serious humanrights violations committed under the military regime and definitivelyclears the path for judicial actions against their authors.Setting aside deeply rooted national legal principles —such as statutory limitations, the principle of legality andamnesties — the Argentine Supreme Court has confirmedthe role of human rights principles and of public internationallaw in general in dealing with the most heinous crimes againsthumanity.     

Rule violations of Japanese inmates; An artifact of a low imprisonment rate

Rule violations offer insights to inmate reactions to penal confinement and to the official control system. Japanese prisons are of special significance because of the diversion of convicted offenders when feasible. American critics of community corrections have argued that heavy diversion would impose only the most intransigent criminals on prisons. By the sociocultural standards of Japan, diversion has had that consequence for its prisons. Official data provide the opportunity to examine a system of rule enforcement under those circumstances, including the relationship with inmate recidivism and the length of imprisonment.     

Contact crimes in relation to neuroticism,impulsiveness, conscience formation and intelligence: An exploratory discriminant analysis in juvenile delinquents

Abstract

Using archival data, we investigate the relationship between the type of crime committed and personality characteristics from a sample of 100 juvenile Dutch delinquents, who had been screened at a bureau for ambulant youth care. Possibly confounding variables such as age, education and family background were controlled for using exploratory non-linear techniques.

It appeared that delinquents who had committed crimes that involved victim contact were on average more impulsive, less neurotic and often had a less well developed conscience than those juvenile delinquents who had committed crimes that involved no contact with a victim. The latter were on average less impulsive, more neurotic and more often had a sufficiently or partially developed conscience. The relation with intelligence was inconclusive.