Appendix: the Information Crisis and the Need to Improve the Availability and the Use of Relevant Statistics

Total Page:16

File Type:pdf, Size:1020Kb

Appendix: the Information Crisis and the Need to Improve the Availability and the Use of Relevant Statistics Appendix: The Information Crisis and the Need to Improve the Availability and the Use of Relevant Statistics The international monetary and financial crisis has also been a major information crisis at both the national and international level. This was true for Stage I of the crisis (the “subprime crisis”) and for Stage II (the “debt crisis”). Decisions are about the future—information is about the past. There is a broad agreement that the availability, the quality and the timeliness of qualitative and quantitative information have a major impact on the quality of the decisions of both private and public actors in the modern economy. Yet, the general disaffection following the outbreak of the financial crisis in 2007–8 for the so-called theory of rational expectations has to do with the (belated) dual recognition that (1) all information (or the most relevant information) is not available or correct, and (2) statistics from the past are far from being a perfect guide for the future, especially when it comes not only to projecting “trends” but predicting major “events” that disrupt trends. The importance of this information and expectation issue has been dramatically demonstrated on two occasions since 2008: the suddenness and magnitude of the “subprime crisis” and the outbreak and brush-fire effect of the following “debt crisis.” The so-called information age or information society has been as much of a problem as an improvement when dealing with data relating to the com- plex economic structures of a globalized economy. As noted in Chapter 1, the great progress in hardware and software for collecting, storing, process- ing and distributing information that has occurred during the last 20 years has not prevented serious gaps in information or outright misinformation at the macro as well as at the micro level. Many claim, not without justifica- tion, that the “subprime crisis” was to a large extent an “information crisis” where the information problems were a combination of incompetence and of deliberate attempts to mislead markets and regulators. The Stage II debt crisis—with the outbreak of the “Greek debt crisis”—was a textbook example of negligence with respect to crucial information at all levels: government authorities, EU and ECB experts as well as leading international financial advisors and managers. The “information crisis” has multiple aspects. The most common prob- lems included: lack of availability of data, lack or insufficient comparability, insufficient diffusion or access, and the ignoring or misinterpretation by 240 Appendix 241 official and private observers and decision makers of the message coming from the data. There was, however, also: deliberate distortion or falsifica- tion, restricting access or diffusion by both private and official bodies to essential information that could have attenuated or even prevented some of the worst consequences of the crisis, as well as systematic disinformation of investors, of authorities and the general public at large. The most funda- mental and most widespread “information breakdown” was the systematic ignoring of the storm warnings coming from the data—deliberately disre- garding the “handwriting on the wall.” These problems have been recognized, although belatedly, by many people within national and international organizations, in the corporate world and in the research community. Since 2009–10 there have been notable efforts to improve the quality and the volume of the data relevant for the analysis of the debt situation at any given moment and of the trends and likely future developments. There has been a series of initiatives by organizations such as the IMF, the World Bank, the OECD, the BIS, the ECB, the European Commission as well as the national monetary and economic authorities, to speed up the availability of data and most importantly to better coordinate their availability. Further, the definition and use of tailor-made “warning packages” (such as the IMF “Fiscal Monitor”) have increased. Four major general lessons for the future should be mentioned here: 1. It is necessary to narrow the scope of “proprietary information,” both for “ business-sensitive” and “politically restricted” data. 2. There is a need for much closer and effective cooperation as well as com- petition and “redundancy” in data collection and diffusion. 3. Market transparency has to be enforced independently and much more systematically than in the past. 4. Finally, it is important to recognize that the prevailing confusion about what is available and to whom and on what conditions ( subscribers, cli- ents, government officials) represents a major source of future problems and has to be addressed as an urgent issue at the highest levels. There remains much to be done on all four accounts. Some of the problems are technical, others are due to the unwillingness by both private and offi- cial actors to share information: “information is a key source of power” and tends to make the difference between success and failure, both for individu- als and for organizations. It should be remembered, however, that discrimi- nation in the access to essential information is contrary to the very nature of an open, liberal and competitive economic system. If there is no “level play- ing field” in terms of transparency and information the market economy cannot function properly. It is no exaggeration that recurring breakdowns in the access to relevant information could become a major economic and political threat to the very survival of “globalization” itself. Bibliography Ackerman, Frank and 101 Economists (2012) “Letter to Trade Ministers Re: Promoting Financial Stability in the Trans-Pacific Partnership Agreement,” February 28, ase. tufts.edu. Allen, Franklin and Douglas Gale (2000) “Financial Contagion,” Journal of Political Economy, Vol. 108, pp. 1–33. Allen, William and Richchild Moessner (2010) Central Bank Co-operation and International Liquidity in the Financial Crisis of 2008–2009, BIS Working Papers No. 310, Monetary and Economic Department, Bank for International Settlements, June. Alloway, Tracy (2011) “A (Hard) Greek Restructuring by the Numbers,” Financial Times, May 9. Alloway, Tracy, Megan Murphy and David Oakley (2011) “Investors Count Costs to Banks of Greek Default,” Financial Times, May 10. Alogoskoufis, George (2012) Greece’s Sovereign Debt Crisis: Retrospect and Prospect, Hellenic Observatory Papers on Greece and Southeast Europe, GreeSE Paper No. 54, London School of Economics and Political Science, January. Amador, M. (2008) Sovereign Debt and the Tragedy of the Commons, Working Paper, Stanford University. American Economic Association (1950, 1958) Readings in the Theory of International Trade, London: George Allen & Unwin, Ltd. American Economic Association (1952, 1956) Readings in Monetary Theory, London: George Allen & Unwin, Ltd. Ang, Andrew and Francis A. Longstaff (2011) Systemic Sovereign Credit Risk: Lessons from the U.S. and Europe, National Bureau of Economic Research Working Paper 16982, Cambridge, MA: NBER. Angelatos, George-Marios and Jennifer La’O (2011) Optimal Monetary Policy with Informational Frictions, National Bureau of Economic Research Working Paper 17525, Cambridge, MA: NBER. Angeloni, Chiara and Guntram B. Wolff (2012) Are Banks Affected by their Holdings of Government Debt? Bruegel Working Paper 2012/07, Brussels, March. Angeloni, Ignazio and Jean Pisani-Ferry (2012) The G20: Characters in Search of an Author, Bruegel Working Paper 2012/04, Brussels, March. Angelopoulos, Konstantinos, Sophia Dimeli, Apostolis Philippopoulos and Vanghelis Vassilatos (2010) Rent-Seeking Competition from State Coffers in Greece: A Calibrated DSGE Model, Working Papers No. 120, Bank of Greece. Arndt, Swen W., Richard J. Sweeney and Thomas D. Willett (1985) (eds) Exchange Rates, Trade and the U.S. Economy, Washington, DC: American Enterprise Institute and Ballinger Publication. Åslund, Anders (2010) The Last Shall Be the First: The East European Financial Crisis, Washington, DC: Peterson Institute for International Economics. Attali, Jacques (2010) Tous ruinés dans dix ans? Dette publique: la dernière chance, Paris: Fayard. Bairoch, Paul (1970) Diagnostic de l’évolution économique du Tiers-monde, 1900–1968, Paris: Gauthier-Villars. 242 Bibliography 243 Bairoch, Paul (1997) Victoire et déboires: Histoire économique et sociale du monde du XVIe siècle à nos jours, Paris: Gallimard. Bandulet, Bruno, Wilhelm Hankel, Bernd-Thomas Ramb, Karl Albrecht Schachtschneider, Udo Ulfkotte (2011) Gebt uns unsere D-Mark zurück: Fünf Experten beantworten die wichtigsten Fragen zum kommenden Staatsbankrott, Rottenburg: Gebundene Ausgabe, May. Bank for International Settlements (2011) 81st Annual Report, 1 April 2010–11 March 2011, Basel, June 26. Bank for International Settlements (2012) “European Bank Funding and Deleveraging,” BIS Quarterly Review, March 12. Bank for International Settlements (2012) 82nd Annual Report, 2011–2012, Basel, June. Bank of Greece (2011) Monetary Policy Report 2011–2012, March. Bank of Greece (2012) Bulletin of Conjunctural Indicators, No. 142, January–February. Bank of Greece (2012) Aggregated Balance Sheet of Credit Institutions, February. Bank of Greece (2012) Governor’s Annual Report, April. Bank of Greece (2012) List of Credit Institutions Authorized in Greece, April. Bernanke, Ben S. (2000) Essays on the Great Depression, Princeton: Princeton University Press. Bernanke, Ben (2012) “The Federal Reserve and the Financial Crisis Origins and Mission of the Federal
Recommended publications
  • Curriculum Vitae ……………….…………… 2 - List of Publications…………………………… 10 - List of University Courses Taught…………… 30 - List of Guest Lectures………………………
    Prof. Dr. Peter Malanczuk page - Curriculum Vitae ……………….…………… 2 - List of Publications…………………………… 10 - List of University Courses Taught…………… 30 - List of Guest Lectures………………………... 36 - List of Contributions to Conferences…………. 50 20120410 Malanczuk Full CV (compiled) Page 1 of 73 Prof. Dr. iur Peter Malanczuk Peking University School of Transnational Law Email: [email protected] PKU Shenzhen Campus HomePage: www.malanczuk.com Graduate School Building B University Town Nanshan District, Xili Shenzhen, 518055 P.R. China Current positions: C.V. Starr Professor of Law, Peking University (PKU) School of Transnational Law [First American-style J.D. programme approved by the State Council in China] located at the PKU Shenzhen Campus Co-Director, Center for Research on Transnational Law (CTL), PKU STL Member of the Academic Advisory Council of the University of Heidelberg, Germany Courses currently taught: Transnational Law Advanced Transnational Law International Economic Law International Commercial Arbitration and ADR International Investment Law and Investor-State Dispute Settlement Curriculum Vitae 1948 Born in Salzgitter-Bad, Germany 1950 Emigration to Canada (Canadian nationality 1958-71) 1959 Return to Germany (German nationality since 1971) Since 2008 Permanent Resident of Hong Kong (SAR), P.R. China Education: 1955-59 Primary school, Sudbury & Toronto, Ontario, Canada 1960-68 Gymnasium Salzgitter-Bad, Germany (Abitur) 1968-73 Studies at the Universities of Göttingen, München and Heidelberg (Certificate: First State Law Examination
    [Show full text]
  • The 2005-2006 LSU Law Catalog
    LSU LAW CENTER CATALOG 2005–2006 2005-2006 LSUCATALOG LAW Publishing office for this catalog is the Paul M. Hebert Law Center, Louisiana State University, Baton Rouge, Louisiana 70803-1000. Copies of this catalog may be obtained from—and change of address, undeliverable copies, and other mail sent to—Paul M. Hebert Law Center, LSU, Baton Rouge, Louisiana 70803-1000.The LSU Law Catalog represents a flexible pro- gram of the current educational plans, offerings, and requirements that may be altered from time to time to carry out the purposes and objectives of the LSU Law Center.The provisions of this catalog do not constitute an offer for a contract that may be accepted by students through registration and enrollment in the LSU Law Center.The LSU Law Center reserves the right to change any provision, offering, or requirement at any time within the student’s period of study.The LSU Law Center further reserves the right to require a student to withdraw from the LSU Law Center for cause at any time.The LSU Law Center assures equal opportunity for all qualified persons without regard to race, color, religion, sex, age, national origin, physical or mental disability, marital status, sexual orientation, or veteran’s status in the admission to, participation in, and treatment or employment in the programs and activities that the LSU Law Center operates and sponsors.The LSU Law Center does not discriminate against persons with disabilities in its program of legal education. Full opportunities are provided for the study of law and entry into the profession by qualified disabled persons.Anyone having questions or complaints regarding equal opportunity at the LSU Law Center should contact the Office of Equal Opportunity Programs, 318 Thomas Boyd Hall, LSU, Baton Rouge, LA 70803, 225/578-8200.
    [Show full text]
  • 2013 Catalog
    2013 CATALOG The Center for American and International Law 5201 Democracy Drive • Plano, Texas 75024 USA Voice: 972-244-3400 • Toll-free in USA: 800-409-1090 • Fax: 972-244-3401 www.cailaw.org 1 Introduction The Center for American and International Law mercial topics. Lecturers are drawn both from will hold the 50th session of the Academy of the academic community and from private law American and International Law from May 19 practice. Participants attend lectures, take part through June 28, 2013. This program is for law- in classroom exercises and work through a mock yers and judges from countries other than the legal problem. United States interested in American law and In 2012, the Academy hosted 68 participants from international business transactions. 30 nations. The 49 annual Academies have at- Who should attend? The Academy is particu- tracted participants from 120 countries, including larly valuable for non-U.S. lawyers who work attorneys, judges, law professors, and government for multi-national corporations or for law officials. firms that represent either U.S. clients or multi-national clients with U.S. interests. It Academy Fellows and LL.M. Credit: is not intended for the highly experienced interna- . Each Academy participant may earn a Certifi- tional lawyer. cate of Participation by attending class each The Academy has attracted many lawyers who day. A second certificate, designating the par- have gone on to very prominent positions in their ticipant as an Academy Fellow, may be earned home countries. It provides a forum for those who by taking and passing a series of short exams are among the “best and brightest,” giving them during the Academy.
    [Show full text]
  • The New German Law Against the "Auschwitz" -- and Other -- "Lies"
    Michigan Law Review Volume 85 Issue 2 1986 History Against Free Speech: The New German Law Against the "Auschwitz" -- and Other -- "Lies" Eric Stein University of Michigan Law School Follow this and additional works at: https://repository.law.umich.edu/mlr Part of the Civil Law Commons, Civil Rights and Discrimination Commons, Comparative and Foreign Law Commons, and the Criminal Law Commons Recommended Citation Eric Stein, History Against Free Speech: The New German Law Against the "Auschwitz" -- and Other -- "Lies", 85 MICH. L. REV. 277 (1986). Available at: https://repository.law.umich.edu/mlr/vol85/iss2/2 This Article is brought to you for free and open access by the Michigan Law Review at University of Michigan Law School Scholarship Repository. It has been accepted for inclusion in Michigan Law Review by an authorized editor of University of Michigan Law School Scholarship Repository. For more information, please contact [email protected]. HISTORY AGAINST FREE SPEECH: THE NEW GERMAN LAW AGAINST THE "AUSCHWITZ" - AND OTHER - "LIES"t Eric Stein* TABLE OF CONTENTS I. THE PROBLEM . • • . • . • • • • . • . • • • . • • • • • . 278 II. THE CRIMINAL CODE • . • . • • • . • . • • • . • . • . • . 281 A. Attack on Human Dignity by Incitement to Hate: Article 130........................................ 282 B. Race-Hatred Writings: Article 131 . 285 C. ''Insult": Article 185 . 286 III. ON THE CONSTITUTIONAL QUESTION • • . • • • . • • • 287 IV. THE LAW IN THE COURTS, 1960-1985.................. 288 A. Case Categories: The Issues. 289 B. On Judicial Notice . 290 C. The Case Law . 291 1. The Federal Supreme Court on Articles 130 and 131............................................ 291 2. Lower Courts on Articles 130 and 131........... 293 a. Teachers in trouble .
    [Show full text]
  • Probeheft Herunterladen
    Archiv des Völkerrechts 54. Band · 2. Heft Inhalt dieses Heftes Walter Rudolf: Nachruf auf Werner Meng ...................... 129 Schwerpunkt dieser Ausgabe: Menschenrechte Special Focus of this Issue: Human Rights Abhandlungen Eibe Riedel: Reflections on the UN Human Rights Covenants at Fifty ..................................................... 132 Helmut Goerlich: 800 Jahre Magna Charta Libertatum Revisited – Mythos und mehr .......................................... 153 Robert Uerpmann-Wittzack: Die UN-Behindertenrechtskonven- tion in der Praxis des Ausschusses für die Rechte von Menschen mit Behinderungen ......................................... 181 Beitrag Robert Uerpmann-Wittzack/Alina Prechtl: Das Gebot der Rechts- behelfserschöpfung vor dem UN-Ausschuss für die Rechte von Menschen mit Behinderung: Die Entscheidung in der Sache S. C./Brasilien ........................................... 213 Dokument Entscheidung des UN-Ausschusses für die Rechte von Menschen mit Behinderungen vom 02.10.2014 in der Sache S.C. ./. Brasilien, CRPD/C/12/D/10/2013 ................................... 222 Rezensionen William A. Schabas: The European Convention on Human Rights. A Commentary Referent: Marten Breuer ................................... 228 Ba0ak Çali: The Authority of International Law: Obedience, Re- spect, and Rebuttal Referent: Thomas Kleinlein ................................. 232 Eirik Bjorge, Domestic Application of the ECHR. Courts as Faith- ful Trustees Referent: Andreas Th. Müller ............................... 235 Nachruf auf Werner Meng 129 Nachruf Werner Meng † Am 1. Juli 2016 verstarb nach langer Krankheit Werner Meng, seit 2000 Mitherausgeber dieser Zeitschrift. Eine große Trauergemeinde, darunter zahlreiche Kollegen, nahmen an der Beerdigung in Mainz teil. Werner Meng wurde am 20. Februar 1948 in Mainz geboren. Er be- suchte dort das altsprachliche Rabanus-Maurus-Gymnasium. Von seinen Hobbys interessierte ihn vor allem die Musik. Er war Mitglied im Main- zer Domchor und sang auch als Solist im Dom.
    [Show full text]
  • The Role of National Courts in International Trade Relations
    Michigan Journal of International Law Volume 18 Issue 2 1997 The Role of National Courts in International Trade Relations Meinhard Hilf University of Hamburg Follow this and additional works at: https://repository.law.umich.edu/mjil Part of the Courts Commons, International Trade Law Commons, and the Organizations Law Commons Recommended Citation Meinhard Hilf, The Role of National Courts in International Trade Relations, 18 MICH. J. INT'L L. 321 (1997). Available at: https://repository.law.umich.edu/mjil/vol18/iss2/3 This Article is brought to you for free and open access by the Michigan Journal of International Law at University of Michigan Law School Scholarship Repository. It has been accepted for inclusion in Michigan Journal of International Law by an authorized editor of University of Michigan Law School Scholarship Repository. For more information, please contact [email protected]. THE ROLE OF NATIONAL COURTS IN INTERNATIONAL TRADE RELATIONS Meinhard Hilf* I. RECENT TRENDS IN JUDICIAL REVIEW .................... 324 A. Effective Judicial Review in National Legal System s ....................................... 324 B. Effective Judicial Review in International Trade Relations ..................................... 328 II. THE TwO-LEVELS APPROACH OF JUDICIAL REVIEW AND METHODS OF LINKAGE ..................... 329 A . No Linkage at All ................................... 330 B. Systems Operating Consecutively ..................... 330 C. Parallel or Alternative Judicial Review ............... 332 D. Systems of Integrated Judicial Review ................ 333 E. Individual Involvement on the InternationalLevel ..... 334 III. THE ROLE OF NATIONAL COURTS WITHIN THE WTO ..... 335 A. The Role of National Courts under W TO Agreements .................................... 336 B. The Role of National Courts as Defined in the Implementing Legislation ...................... 336 1. Direct Application of GATT Law ...............
    [Show full text]
  • Activity Report of the Europa- Institut, Law Department 2015
    Activity Report of the Europa- Institut, Law Department 2015 Directors Prof. Dr. Marc Bungenberg LL.M. (Lausanne) Prof. Dr. Thomas Giegerich LL.M. (Virginia) Saarbrücken IMPRINT Editor: Europa-Institut of Saarland University Law Department Responsible: Akad. Direktorin Julia Legleitner LL.M. Akad. Oberrätin Claudia Schäffner LL.M. Marc Bienert LL.M. Edited by: Dr. Alexandra Pfleger Issue: 31 December 2015 1 Europa-Institut 1 1.1 Development and Structure of the Europa-Institut 1 1.2 New Director of the Europa-Institut Prof. Dr. Marc Bungenberg 2 1.3 CeQuInt Accreditation Procedure Completed 3 1.4 SEE | EU Cluster of Excellence in European and International Law 3 2 Research at the Europa-Institut 4 2.1 Research Areas of the Directors of the Europa-Institut 4 2.1.1 Research Focus Prof. Dr. Marc Bungenberg LL.M. (Lausanne) 4 2.1.2 Research Focus Prof. Dr. Thomas Giegerich LL.M. (Virginia) 8 2.2 Publications from Professors and Lecturers of the Europa-Institut 16 2.3 Publications 28 2.3.1 Zeitschrift für Europarechtliche Studien (ZEuS) 28 2.3.2 Schriften des Europa-Instituts der Universität des Saarlandes – Rechtswissenschaft 31 2.3.3 Europa-Institut of Saarland University – Selected legal documents 32 2.3.4 SEE | EU Cluster of Excellence in European and International Law Series of Papers 33 2.4 Master’s Theses 34 2.5. Dissertations 38 3 Teaching at the Europa-Institut 39 3.1 Lecturers 39 3.2 Courses 44 3.3 Special Courses 55 3.3.1 Moot Courts 55 3.3.2 Soft Skills 57 3.4 Excursions 59 3.5 Other Events 62 3.5.1 Colloquium for Prof.
    [Show full text]
  • Direct Effect of International Economic Law in the United States and the European Union Ronald A
    Northwestern Journal of International Law & Business Volume 17 Issue 1 Winter Winter 1997 Direct Effect of International Economic Law in the United States and the European Union Ronald A. Brand Follow this and additional works at: http://scholarlycommons.law.northwestern.edu/njilb Part of the International Trade Commons Recommended Citation Ronald A. Brand, Direct Effect of International Economic Law in the United States and the European Union, 17 Nw. J. Int'l L. & Bus. 556 (1996-1997) This Symposium is brought to you for free and open access by Northwestern University School of Law Scholarly Commons. It has been accepted for inclusion in Northwestern Journal of International Law & Business by an authorized administrator of Northwestern University School of Law Scholarly Commons. Direct Effect of International Economic Law in the United States and the European Union Ronald A. Brand* I. Introduction .......... ................................. 557 II. The U.S. Doctrine of Self-Execution .................... 560 A. The Doctrine Generally Stated ..................... 560 B. The Self-Execution Doctrine and the General Agreement on Tariffs and Trade .................... 562 C. Statutory Restrictions on Self-Execution of International Trade Agreements .................... 568 III. The European Union Doctrine of Direct Effects ....... 572 A. Direct Effect of the Rome Treaty and Community Legislation .......................................... 572 B. The Direct Effects Doctrine and the General Agreement on Tariffs and Trade .................... 575 1. The No Direct Effects Ruling of International Fruit ............................................ 575 2. Interpretation of GAIT Agreements in the Application of Community Legislation ......... 579 C. The Application of the InternationalFruit Test to Other Agreements with Non-Member States ....... 582 D. The Direct Effects of International Agreement Provisions After Kupferberg and Demirel .........
    [Show full text]
  • Cademy of American and International Law CATALOG
    2014 Academy of American and International Law CATALOG 51st Annual Contact Us The Center for American and International Law 5201 Democracy Drive CADEMY Plano, Texas 75024 OF AMERICAN AND USA INTERNATIONAL LAW Registrar: +1.972.244.3405 May 18 – June 27, 2014 SWIICL: +1.972.244.3410 The Center for American and International Law Plano, Texas USA Fax: +1.972.244.3401 E-Mail: [email protected] SWIICL is an Institute of Register Now! cailaw.org Become a SWIICL member today and save . https://www.cailaw.org/Southwestern-Institute-for-International-and-Comparative- Law/forms/2014-academy.html . 1. Courses Open to U.S. Lawyers An Introduction to Tax Issues in International Law – International 2. Other Academy Courses DIRECTORY OF ALUMNI OF THE ACADEMY OF AMERICAN AND INTERNATIONAL LAW (1964‐2013)* Country Index A B C D E F G H I J K L M N O P Q R S T U V W X Y Z AFGHANISTAN Diego ALVAREZ GARCIA, Perez Alati Grondona Benites Arntsen & Mohammad Kabir AMIRI, Public Prosecutor, Ministry of Justice (1972) Kabul Martinez de Hoz, Jr. (2009) Buenos Aires A.Q. AMIRY-AR, Lecturer, Faculty of Law and Political Science Mabel ALVAREZ GIAY (Ms.), Allende & Brea (1996) Buenos Aires Kabul University (1973) Kabul Gonzalo Luis ANAYA, Associate, Alfaro Abogados (2013) Buenos Aires Mohammad Qasim HASHIMZAI, Vice President of Hernan ANDRADA, Basilico, Fernandez Madero & Duggan (1997) Buenos Aires Research, Department Judiciary (1977) Kabul Febe ANZOATEGUI CICUTA (Ms.), Adviser Fiscal Department, Ghulam Ali KARIMI, Associate Justice of Afghan Supreme Court (1969) Kabul
    [Show full text]
  • Poslijediplomski Specijalistički Studij
    POSLIJEDIPLOMSKI SPECIJALISTI ČKI STUDIJ «PRAVO EUROPSKIH INTEGRACIJA» 1. UVOD 1.1. Razlozi pokretanja studija Svrha poslijediplomskog specijalisti čkog studija «Pravo europskih integracija» (nadalje: Studij) je stru čno obrazovanje diplomiranih pravnika, diplomiranih ekonomista i diplomiranih politologa. Dosadašnja iskustva su pokazala da u tijelima državne uprave, regionalne i lokalne samouprave, tijelima pravosu đa, javnim službama te u gospodarskim subjektima u Republici Hrvatskoj nema kadrova koji posjeduju specijalisti čka znanja iz europskog prava. Praksa zemalja, novoprimljenih članica Europske unije pokazuje da uspjeh u činkovitog pridruživanja ovisi prvenstveno o kvalitetnoj implementaciji europske pravne ste čevine. Poseban problem u vezi s ve ć implementiranim acquisom jest njegova provedba. Naime, ispravna provedba mogu ća je samo pod pretpostavkom postojanja institucionalnog okvira za provedbu preuzetih europskih rješenja.. Da bi se izgradila u činkovita institucionalna struktura potrebno je izgraditi ne samo sustav institucija, ve ć i podi ći razinu stru čne osposobljenosti i znanja svih involviranih u tom procesu. 1.2. Dosadašnja iskustva predlaga ča u provo đenju ekvivalentnih ili sli čnih programa Pravni fakultet u Rijeci ve ć ima respektabilnu tradiciju izu čavanja europskog prava. Valja naglasiti da je Pravni fakultet u Rijeci, prvi u Republici Hrvatskoj 1996. godine uveo na IV. godini dodiplomskog studija Europsko pravo kao obvezatan predmet. Kako je najvažniji segment približavanja Republike Hrvatske Europskoj uniji
    [Show full text]
  • Heinung Verfassung Und Recht in Übersee VRÜ Law and Politics in Africa | Asia | Latin America
    Aktuelle Neuerscheinung Verfassung und Recht in Übersee VRÜ Law and poLitics in afRica | asia | Latin ameRica Verfassungsgerichtsbarkeit Herausgegeben von Aus dem Inhalt: im Rechtsvergleich Brun-otto Bryde Abhandlungen Drittes deutsch-taiwanesisches Kolloquium philip Kunig Brun-Otto Bryde vom 02.- 03. Oktober 2006 an der Georg-August- Constitutional Law in „old“ and „new“ Law and Universität Göttingen Karl-andreas Hernekamp Development Herausgegeben von prof. dr. werner Heun und Francois Venter em. prof. dr. christian starck durch die 2008, 246 S., geb., 59,– €, ISBN 978-3-8329-3082-0 Globalization of Constitutional Law through (Studien und Materialien zur Verfassungsgerichts- Hamburger Gesellschaft comparative Constitution-making barkeit, Bd. 102) für Völkerrecht und Jo Eric Khushal Murkens Comparative Constitutional Law in the Courts: auswärtige politik e. V. Reflections on the Originalists’ Objections in dem vorliegenden Band geht es um auslegung und fortbildung der Verfassung und des Verfas- Jutta Limbach sungsprozessrechts als Voraussetzungen der sicherungsfunktion der Verfassungsgerichte. Haupt- Globalization of Constitutional Law through themen sind die sicherung der horizontalen und vertikalen Gewaltenteilung sowie der Grundrechte; Interaction of Judges darüber hinaus wird der Grundrechtschutz durch individualverfassungsbeschwerde gegen gerichtli- Javier A. Couso che Urteile ausführlich erörtert. The Globalization of Latin American Verfassungsgerichte sind gebunden an verfassungsrechtlich oder gesetzlich festgelegte antragsbe- Constitutional Law fugnisse in besonderen Verfahrensarten. in diesem Rahmen kommt es im Laufe der Zeit im wege der Manuel José Cepeda Rechtsfortbildung zur Begründung neuer prozessualer Rechtsfiguren, die rechtsvergleichend in den The Internationalization of Constitutional Law: Blick genommen werden. das entscheidende für die stabilisierungswirkung der Verfassungsgerichte A note on the Colombian Case ist schließlich die Bindungswirkung ihrer entscheidungen.
    [Show full text]