Suchergebnisse

In the process of drafting and adopting international legal documents, each participating state should ensure its participation is effective, i.e. it should ensure that its views and national interests are incorporated. However, this article argues that China's participation in the activities of the International Law Commission as well as at the International Court of Justice has not been effective, in contrast to the practice of the United Kingdom and the United States. In order to be a true leader in international affairs that has the capability to influence the course of legal developments, China should improve the quality and extent of its participation. (China/GIGA)

In the past three decades Taiwan has gained in terms of its economy but has substantially waned in terms of its international status.Economically, Taiwan has performed so impressively that it has become one of the newly industrialized countries (NICs) that are the envy of many developing nations. Its sustained high growth rate over a fairl, long period commands respect from economists all over the world. In 1983 the GNP of the country approached US$50 billion and its per capita income reached US$2, 444. It is one of the world's top 15 trading nation" and has enjoyed a favourable balance of payments for many years. The 1983 exports and imports were valued at US$25, 117 million and 20, 285 million, respectively.

1. Transformed Australian Eduscape: the Mobility of Asian International Students and Academics -- 2. Theorising the Eduscape I: the Neoliberal, the Managerial and the Regulatory State -- 3. Theorising the Eduscape II: Contesting 'Modernity', the Global South and Alternative Framing -- 4. Asian International Students on Australian Campus -- 5. Asian Academic Mobility in Australia -- 6. Mobility and Governance: toward an internationalised higher education?

Summary
The aim of this study is to analyze the importance of the elasticity of risk aversion with regard to an increase in exchange rate risk for exports and hedging in an international firm. Mean-variance preferences allow for an immediate study of the entailed substitution and income effect. These effects may cancel out, that is to say, the optimal hedge ratio remains unchanged although the exchange rate risk increases. The elasticity of risk aversion provides an unambiguous answer to the question how to measure such risk effect.

In 'Addressing Corruption Allegations in International Arbitration', Brody K. Greenwald and Jennifer A. Ivers provide a comprehensive overview of the key issues that arise in international arbitrations involving allegations of corruption by drawing upon their significant experience in these high-stakes cases, including in the only two reported investment treaty cases dismissed specifically as a result of corruption. Their monograph is a valuable resource that analyzes, among other things, the public policy against corruption, the requirements for establishing corruption, issues relating to the burden and standard of proof, how corruption has been proved in practice, and the legal consequences where corruption is established. Greenwald and Ivers also assess issues that arise where a sovereign State raises an arbitration defense based on alleged corruption, but does not prosecute the alleged wrongdoers in its domestic courts