Competition Law and International Relations
In: The international & comparative law quarterly: ICLQ, Volume 41, Issue 3, p. 563-589
ISSN: 1471-6895
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In: The international & comparative law quarterly: ICLQ, Volume 41, Issue 3, p. 563-589
ISSN: 1471-6895
In: The international & comparative law quarterly: ICLQ, Volume 38, Issue 4, p. 935-946
ISSN: 1471-6895
In: The international & comparative law quarterly: ICLQ, Volume 31, Issue 1, p. 59-98
ISSN: 1471-6895
In: The international & comparative law quarterly: ICLQ, Volume 29, Issue 4, p. 549-566
ISSN: 1471-6895
In: The international & comparative law quarterly: ICLQ, Volume 13, Issue 2, p. 665-666
ISSN: 1471-6895
In: The international & comparative law quarterly: ICLQ, Volume 5, Issue 1, p. 99-114
ISSN: 1471-6895
In: The international & comparative law quarterly: ICLQ, Volume 2, Issue 3, p. 398-410
ISSN: 1471-6895
In: Études internationales: revue trimestrielle, Volume 28, Issue 3, p. 623-624
ISSN: 0014-2123
In: Wissenschaft und Stadt 7
World Affairs Online
In: Kyklos: international review for social sciences, Volume 63, Issue 4, p. 479-494
ISSN: 1467-6435
In: American economic review, Volume 108, Issue 9, p. 2629-2670
ISSN: 1944-7981
We study the optimal accumulation of international reserves in a quantitative model of sovereign default with long-term debt and a risk-free asset. Keeping higher levels of reserves provides a hedge against rollover risk, but this is costly because using reserves to pay down debt allows the government to reduce sovereign spreads. Our model, parameterized to mimic salient features of a typical emerging economy, can account for significant holdings of international reserves, and the larger accumulation of both debt and reserves in periods of low spreads and high income. We also show that income windfalls, improved policy frameworks, and an increase in the importance of rollover risk imply increases in the optimal holdings of reserves that are consistent with the upward trend in reserves in emerging economies. It is essential for our results that debt maturity exceeds one period. (JEL E21, E43, F32, F34, H63)
In: International security, Volume 44, Issue 1, p. 197-200
ISSN: 1531-4804
In: International environmental agreements: politics, law and economics, Volume 16, Issue 2, p. 239-260
ISSN: 1573-1553
In: Politique étrangère: revue trimestrielle publiée par l'Institut Français des Relations Internationales, Volume Automne, Issue 3, p. 507-518
ISSN: 1958-8992
Résumé L'Internet est entré dans la vie des hommes, des entreprises et des États, suscitant d'inévitables problèmes de pouvoir. Comment, par exemple, protéger le citoyen dans la sphère administrative ou commerciale ? Les logiciels libres sont-ils un élément nécessaire de la souveraineté numérique ? Comment assurer le gouvernement global de l'Internet ? Le « territoire nouveau » de l'information doit être administré dans le cadre d'une logique nouvelle, articulant institutions privées et publiques.
In: Global governance: a review of multilateralism and international organizations, Volume 10, Issue 1, p. 1-5
ISSN: 1942-6720