Search results

Based on recent IPE contributions on three key themes in international politics (the relation between trade-technology & interstate conflicts, the link between multinationalization in production & world stability, & the political economy of democracy promotion in post-conflict countries), this essay calls the attention on the potential that IPE studies have for the analysis of complex processes (political & economic, with domestic, international & trans-national reach) across long time-spans. Empirical research on these topics has provided new ground to test & refine hypotheses from the three IPE orthodox Schools (Realism-Mercantilism, Liberalism & Marxism), pointing to the advantages of multivariate setups that treat both political & economic determinants of international outcomes as endogenous. Studies on the trade-war links have opened the way to analyses of how growth-inducing mechanisms in war economies may combine with the lasting effects of war-borne protectionist coalitions in producing differential outcomes, according to countries' resource endowments & level of development. Hypotheses on the peace-inducing features of multinationalized production appear in need of revision, especially when applied to the context of North-South relations, in which traditional dynamics identified in the FDI literature do not seem to obtain. Last, scholars interested in the political economy of post-war reconstruction could fruitfully borrow from the comparative literature on transitions, the economic contributions on development & the IR research on conflict, to provide new theoretical tools for the analysis of democracy promotion in post-conflict states. References. Adapted from the source document.

The purpose of the paper is to explain the process of policy change that occurred within the IMF during the 1990s in the area of capital account liberalization. Specifically, the paper compares the policies pursued in the aftermath of the Mexican crisis (1994-95) with the policies pursued after the Asian crisis (1997-98) supporting a constructivist political economy explanation of policy change. Showing the influence of economic ideas on the policies pursued by the IMF, the argument is that the governance of the international financial regime has shifted from a system of centralized cooperation to a system decentralized cooperation. Whereas the former revolved around the role of an intergovernmental organization such as the IMF, the latter builds upon the cooperation of states & non-state actors within the framework of a public-private partnership. Adapted from the source document.

The special legal nature of the concession contract (as one of the legal transactions) which represents a legal framework where the public & private interests meet (two parties cooperate for mutual benefit) is characterized by intertwining of general rules of obligation law & special legal institutes that originate from the sphere of public law. The legal nature of the contractual relationships that arise between administrative & private entities requires special regulation of individual institutes that should reflect the public interest as an important guiding principle for concluding these contracts, & a special legal position of a public law entity as a holder of this public interest. Despite adoption of the new Public-Private Partnership Act in the legislative regulation of the concession contract that still remains variously regulated in previously adopted special provisions of sectoral laws, there are still some deficiencies & dilemmas that are more or less effectively dealt with in the contractual practice. For the legal positions that are classically civil at first sight, the legislator or court practice have laid down special modified rules of civil law in most developed countries. In the course of time, these rules became part of public law/administrative law. Thus, the French legal order has best developed the rules of the public contractual law & the legal institute of the administrative contract that the Slovenian administrative theoreticians try more & more to introduce also into our legal order. References. Adapted from the source document.

The regionalization of Slovenia implies that it is about a demanding professional & political project, which is expected to be completed in 2008 by establishing the regions. The beginning of their functioning is planned as from 1 January 2009. In order to provide this process, some constitutional amendments were introduced in 2006 The regional legislation with its associated implementing regulations should implement them. The bills on regions, their financing, regional elections & establishment of regions (these bills are already being discussed in the National Assembly of the Republic of Slovenia) are a touchstone for introduction of regions & for a successful beginning of their functioning. There is a variety of challenges & dilemmas regarding regional competences & the number of regions, own tax resources, regional authority organization & other issues. Very few international standards & good local & regional self-government principles are adhered to in Slovenia. For this reason, some criticism has come from the Council of Europe & the European Union. Although regionalization is an internal matter of the states concerned, the European principles regarding the objectives of regionalization, division & sharing of powers between levels of government, the scope of regional self-government, sharing of tax revenues & public finance, the connection between the regionalization processes & European & world processes, etc. cannot be avoided. References. Adapted from the source document.