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Commentary on the Spanish Constitution, the freedom of the press, and the administration of the constitutional monarchy

1 sheet ([1] p.) ; In verse. ; Attributed to Matthew Prior. Cf. NUC pre-1956. ; Place and date of publication from Wing.

Vital insights into the complex nature of the concept of radicalisation.0Radicalisation is a topical and a much-discussed concept in current European societies. Its use in policy and societal discourses, such as media coverage and educational contexts, is very sensitive. This thought-provoking collection of essays critically addresses the topic of radicalisation from different angles, combining discipline-specific insights from the fields of sociology, philosophy, history, religious studies, and media studies, with new empirical data.0The authors step away from readily available explanations and rethink the notion of?the radical?. Rather than merely focusing on individuals or ideologies, they advocate for a contextual perspective that allows to consider the complex interaction between individuals, groups, and institutions, both at a national and international level. 'Radicalisation: A Marginal Phenomenon, or a Mirror to Society?' provides the reader not only with much-needed knowledge of the complex nature of the concept of radicalisation, but also offers insights into the various ways radicalisation processes can be triggered, prevented, or addressed.

This report presents insights from the newly released Global Tax Expenditures Database (GTED). Tax expenditures (TEs) are benefits granted to specific sectors, activities or groups through preferential tax treatments such as exemptions, deductions, credits, deferrals and lower tax rates. Governments use them, for example, to promote economic growth and attract investment, pursue social welfare objectives, and incentivise specific patterns of behaviour such as energy consumption from renewable sources. The GTED is the first database that documents TE reporting by governments worldwide, using a common set of criteria and indicators. It covers 218 countries and jurisdictions, 97 of which published at least some data on TEs since 1990.

This paper focuses on risk premiums paid by central governments in Europe and sub-national governments in Germany, Spain, and Canada, using data for bond yield spreads for the period 1991-2005. We find that risk premiums by central governments respond positively to debt and deficits; German states enjoyed a favourable position in financial markets before EMU but not thereafter; Spanish and Canadian provinces risk premiums over the whole period; German and Spanish sub-central governments pay liquidity-related interest rate premiums; Canadian and German provinces/states that benefit from fiscal equalization lower spreads. This is evidence of market discipline at work and of credibility of the EU no-bailout clause. [Copyright Elsevier B.V.]

Taking. Stand in. Postfeminist World: Toward an Engaged Cultural Criticism. Frances E. Mascia‐Lees and Patricia Sharpe. Albany: State University of New York Press, 2001. 241 pp.

Reflections of. Culture Broker:. View from the Smithsonian. Richard Kurin. Washington, DC: Smithsonian Institution Press, 1997. 315 pp.

This paper focuses on risk premiums paid by central governments in Europe and sub-national governments in Germany, Spain, and Canada. With regard to the European governments, we are interested in how these premiums were affected by the introduction of the euro. Using data for bond yield spreads relative to an appropriate benchmark, for the period 1991-2005, we find that risk premiums incurred by central governments of EU member states respond positively to central government debts and deficits. This is consistent with the notion of market-imposed fiscal discipline. We find that German states and, among them, especially those usually receiving transfers under the German fiscal equalization system, enjoyed a very favourable position in the financial markets before EMU as their risk premiums did not respond to fiscal balances. This special status seems to have disappeared with start of EMU. Monetary union, therefore, imposes more fiscal discipline on German states. In contrast, Spanish provinces paid risk premiums related to their fiscal balances both before and after the start of EMU. Both German and Spanish sub-central governments paid fixed interest rate premiums over their national governments which became smaller after the introduction of the euro and are more likely to be interpreted as liquidity premiums. We also estimate empirical models of risk premiums for Canadian provinces for which we find financial market penalties of adverse fiscal balances and debt indicators. However, as in the case of Germany before EMU, those provinces that typically receive transfers under the Canadian fiscal equalization scheme have a more favourable bond market treatment than others. The evidence of market discipline at work in European government bond markets supports the notion that the no-bailout clause in the EU Treaty is credible.