Suchergebnisse

The stability of justice can be discussed in two parts. The first part centers around defining tyranny as an unjust form of government by examining the Peisistratid tyranny. It then demonstrates how democracy and human rights are stable, idealized forms of governmental justice. The second part builds upon the definitions from the first part and inspects how both Solon and Cleisthenes used the ideal of justice in their reforms. Additionally, the paper observes how that same essence of justice in governance is echoed by the ancient reforms in modern democracy and human rights.

A recent controversy has arisen over the relative merits of simulated versus in vivo community instruction. The view presented here is that in cases where in vivo instruction alone is unfeasible, practitioners should employ both training formats in a concurrent fashion. Accordingly, five guidelines for making simulated instruction a more effective adjunct to community instruction are presented and discussed. Future research needs in this area also are suggested.

The new European rules on bank insolvency seek to prevent future government-funded bailouts. Instead, risks should be internalized by the participants. The rules in the Bank Recovery and Resolution Directive and also the Single Resolution Mechanism seek to mimic the outcome of a normal insolvency procedures, without actually letting a failing institution enter full insolvency procedures. The rules enacted are of critical importance to a healthier and more stable financial sector. This book presents three reports in which the new rules are explained and criticized where needed. Professor Joossen discusses the bail-in mechanisms, while Nuijten analyses the legal protection offered to stakeholders against intervention under the Single Resolution Mechanism - or the lack thereof. Finally, Clancy considers the potential use of the new resolution tools in the context of counterparties, in particular repo and derivative counterparties to a financial institution