Volume 2(4), 2014
A CRITICAL EVALUATION OF THE POLICY OPTIONS TOWARDS THE UNDECLARED ECONOMY
ABSTRACT. To evaluate critically the policy options available for tackling the undeclared economy, this paper commences by evaluating the implications of four hypothetical policy choices, namely doing nothing, de-regulating the declared economy, eradicating the undeclared economy, or moving undeclar..
IMPROVING CARBON MARKETS GOVERNANCE: WHAT CAN WE LEARN FROM THE EU EMISSION TRADING SCHEME?
ABSTRACT. The European emissions trading scheme (EU ETS) is the centerpiece of Europe’s climate policy. The system has been undermined variously by the weakness of its regulation, an undesirable overlap with other public policies and the far-reaching economic and financial crisis that caused the mar..
BUSINESS GROWTH AND FIRM VALUE CREATION: THE “IGNORED” THIRD DIMENSION OF CORPORATE GOVERNANCE
ABSTRACT. We explore the role of the third dimension of corporate governance which is recognized as the different financial and contractual arrangements that could affect business growth and value creation of the firm. We argue that a three-dimensional approach provides a better understanding of the..
THE NEW EU ECONOMIC GOVERNANCE: VERTICAL AND HORIZONTAL POWER SHIFTS
ABSTRACT. The euro crisis made visible the omitted stage in the European integration process. The EU jumped from the common market straight to the monetary union, neglecting the formation of the economic union. The new EU economic governance is a combination of a vertical shift of competences, i.e. ..
THE IMPACT OF THE GLOBAL ECONOMIC DOWNTURN ON SOCIAL PROTECTION AND CHILD POVERTY
ABSTRACT. This study is grounded in the considerable body of scholarship examining the consequences of economic downturns on children, the potential function of child-sensitive social protection, and scheme feedbacks planned to counteract the crisis from generating lasting suffering to children. The..
THE CONSEQUENCES OF THE AUTOMOTIVE SECTOR CRISIS ON THE U.S. MANUFACTURING SYSTEM
ABSTRACT. This research makes conceptual and methodological contributions to the crisis experienced by the U.S. auto industry in the 2008–2009 downturn, its mainstay being formed by an analysis of the decline in production and sales of motor vehicles, and direct threats to employment in the U.S. aut..