Suchergebnisse

The new architecture of European economic governance / Nicolas de Sadeleer -- The impact of pension systems on financial development : an empirical study / Shouji Sun and Jiye Hu -- Does financial repression retard China's economic growth? : an empirical examination / Guangdong Xu and Binwei Gui -- Law, money and price : the case of China / Tao Xi and Jianwei Chen -- Recent developments in the regulation of auditors : an economic perspective / Niels Philipsen -- Controlling misrepresentation in securities markets : is private enforcement trivial in China? / Tianshu Zhou -- Monitoring shadow banking : the case of China / Wenjing Li -- Cartel enforcement in China : monetary or criminal sanctions? / Michael Faure and Jingyuan Ma -- Climate change and financial instruments to cover disasters : what role for insurance? / Qihao He -- Project finance contracts, essential components, and basic strategic advantages / Federico Wesselhoefft -- Corporate governance responses to environmental regulation and market-based instruments / Lars Hansson and Yanqiang Ding -- The free market myth and its influence on corporate social responsibility / Constantijn van Aartsen -- Comparative and concluding remarks / Michale Faure, Niels Philipsen and Guangdong Xu

This book examines how to push forward access to justice in environmental matters in the EU. The authors analyze four options from a Law and Economics and Law and Society perspective. In addition, they include an empirical study of the consequences of the four option in Latvia, the United Kingdom and Germany. The goal of the book is twofold: (a) to highlight the differences between the four options from an economic perspective and (b) to investigate to what extent the absence of an EU-wide regime for access to justice in environmental matters is disadvantageous. This book is unique as for the first time, an in-depth socio-economic analysis of access to justice is given. The book is of interest to EU environmental lawyer and policymakers

This book examines the relationship between regulation and market integration, with a special focus on China. It pursues a Law and Economics and Comparative Law approach (China and EU) to analyze the current obstacles to market integration and domestic economic growth in China. Topics covered at the national level include competition law, public procurement rules and financial regulation. At the regional and local level, this book addresses questions related to administrative monopolies, self-regulation, legal services markets, and environmental law.

AbstractThis contribution focuses on the governance of industrial accidents and occupational diseases. Prevention of work-related accidents and diseases and compensation of employee-victims can be the subject of public regulation, such as OHS regulation and social security. However, also private actors may be involved in the regulation of work-related accidents, especially when compensation of damage caused by work-related risks is not (sufficiently) covered by public regulation. These private actors include representatives of employers and employees, but may also include private insurers. In some jurisdictions liability insurers provide supplementary cover for OHS risks and policy-makers often expect that the monitoring by liability insurers will increase safety at work. The main research question addressed in this paper is whether insurers (and more particularly insurers of employers' liability) are indeed able to contribute to safety at work. Taking a law and economics perspective, we expect that this depends crucially on the possibilities insurers have to control moral hazard and adverse selection. However, the extent to which liability insurers have a financial interest in combatting these phenomena plays an important role. That may crucially depend upon the generosity of the public compensation scheme. First, we recapitulate the economic theory of insurance to the extent that it relates to work-related risks. Second, we address the question whether in some jurisdictions insurers have actually made use of these instruments, based on a literature survey. Third, we examine information on insurance policies offered by insurers in The Netherlands and the United Kingdom, to analyse to what extent theory matches practice.