Lukasz Gruszczynski
- Published in print:
- 2010
- Published Online:
- May 2010
- ISBN:
- 9780199578924
- eISBN:
- 9780191722646
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199578924.001.0001
- Subject:
- Law, Public International Law, Environmental and Energy Law
The last sixty years witnessed an unprecedented expansion of international trade. The system created by the General Agreement on Tariffs and Trade and later by the World Trade Organization (WTO) has ...
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The last sixty years witnessed an unprecedented expansion of international trade. The system created by the General Agreement on Tariffs and Trade and later by the World Trade Organization (WTO) has proved to be an efficient tool for the elimination of trade tariff barriers. This process also coincided with the increased national risk regulatory controls. Governments, responding to the demands of their domestic constituencies, have adopted a wide range of regulatory measures aimed at protecting the environment and human health. Although for the most part, these new regulatory initiatives served legitimate objectives, it has also turned out that internal measures might become an attractive vehicle for protectionism, taking the place that was traditionally occupied by tariff barriers. The WTO Agreement on the Application of Sanitary and Phytosanitary Measures (SPS Agreement) is an attempt by the international community to limit possible abuses while accepting a considerable margin of regulatory discretion of WTO Members. Does it optimally strike a balance between competing objectives of international free trade and regulatory freedom in the field of risk regulation? In answering this question, the book engages in a comprehensive and critical examination of the substantive provisions of the SPS Agreement and the corresponding case law. Special attention is paid to three specific issues: the appropriateness of the disciplines established by the SPS Agreement, the consistency of their interpretation by the WTO case law, and the normative content of those requirements that have not yet been addressed by SPS jurisprudence. The book concludes that despite some failures of the SPS system, the Agreement provides an operable and efficient mechanism for the supervision of domestic SPS measures.Less
The last sixty years witnessed an unprecedented expansion of international trade. The system created by the General Agreement on Tariffs and Trade and later by the World Trade Organization (WTO) has proved to be an efficient tool for the elimination of trade tariff barriers. This process also coincided with the increased national risk regulatory controls. Governments, responding to the demands of their domestic constituencies, have adopted a wide range of regulatory measures aimed at protecting the environment and human health. Although for the most part, these new regulatory initiatives served legitimate objectives, it has also turned out that internal measures might become an attractive vehicle for protectionism, taking the place that was traditionally occupied by tariff barriers. The WTO Agreement on the Application of Sanitary and Phytosanitary Measures (SPS Agreement) is an attempt by the international community to limit possible abuses while accepting a considerable margin of regulatory discretion of WTO Members. Does it optimally strike a balance between competing objectives of international free trade and regulatory freedom in the field of risk regulation? In answering this question, the book engages in a comprehensive and critical examination of the substantive provisions of the SPS Agreement and the corresponding case law. Special attention is paid to three specific issues: the appropriateness of the disciplines established by the SPS Agreement, the consistency of their interpretation by the WTO case law, and the normative content of those requirements that have not yet been addressed by SPS jurisprudence. The book concludes that despite some failures of the SPS system, the Agreement provides an operable and efficient mechanism for the supervision of domestic SPS measures.
Deborah R. Becker and Robert E. Drake
- Published in print:
- 2003
- Published Online:
- January 2009
- ISBN:
- 9780195131215
- eISBN:
- 9780199863808
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780195131215.003.0016
- Subject:
- Social Work, Health and Mental Health
In the last ten years, there have been many refinements made to the implementation of IPS supported employment. Access to theses services has increased nationally and internationally. Improvements ...
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In the last ten years, there have been many refinements made to the implementation of IPS supported employment. Access to theses services has increased nationally and internationally. Improvements have been developed from the experiences of many employment specialists who implement IPS supported employment coupled with the strong evidence base regarding effectiveness. However, administrative barriers still exist. People with severe mental illness should not have to risk losing health insurance, health care, housing; and financial security when they gain competitive employment. Organizational rigidity between mental health and vocational agencies restricts the delivery of integrated and seamless services. Continued research, including long-term studies, will advance our understanding of rehabilitation and career development.Less
In the last ten years, there have been many refinements made to the implementation of IPS supported employment. Access to theses services has increased nationally and internationally. Improvements have been developed from the experiences of many employment specialists who implement IPS supported employment coupled with the strong evidence base regarding effectiveness. However, administrative barriers still exist. People with severe mental illness should not have to risk losing health insurance, health care, housing; and financial security when they gain competitive employment. Organizational rigidity between mental health and vocational agencies restricts the delivery of integrated and seamless services. Continued research, including long-term studies, will advance our understanding of rehabilitation and career development.
Jean J. Gabszewicz
- Published in print:
- 2000
- Published Online:
- November 2003
- ISBN:
- 9780198233411
- eISBN:
- 9780191596292
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/0198233418.001.0001
- Subject:
- Economics and Finance, Microeconomics
Perfect competition provides a model of a frictionless economy in which economic agents behave independently of each other, abandoning to the market the task of coordinating their individual ...
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Perfect competition provides a model of a frictionless economy in which economic agents behave independently of each other, abandoning to the market the task of coordinating their individual decisions. This model is extensively studied in traditional price theory textbooks.Imperfect competition is the paradigm that develops when, on the contrary, economic agents interact in a conscious manner, which is necessarily the case when competition takes place ‘among the few’. In this system, agents act strategically, taking into account the impact of their own decisions on competitors ‘behaviour and on the price mechanism. Such situations commonly arise when firms differentiate their products, erect strategic entry barriers, or exploit the imperfect information of their customers about the price or characteristics of their product.This book explores the theoretical richness of these economic contexts, using some basic concepts of game theory. The four assumptions underlying the paradigm of perfect competition (no barriers to entry, large number of agents, product homogeneity, and perfect information) constitute the natural departure points of the theories of imperfect competition: whenever at least one of these assumptions is violated, imperfect competition is present. The framework of the book is organized around the four corresponding themes: the role of collusion and entry barriers in the degree of market competition (Ch. 3), product differentiation (Ch. 4) and the information of agents as an instrument of competition (Ch. 5). Finally, Ch. 6 illustrates the possibility of extending the theory to a general equilibrium framework.Less
Perfect competition provides a model of a frictionless economy in which economic agents behave independently of each other, abandoning to the market the task of coordinating their individual decisions. This model is extensively studied in traditional price theory textbooks.
Imperfect competition is the paradigm that develops when, on the contrary, economic agents interact in a conscious manner, which is necessarily the case when competition takes place ‘among the few’. In this system, agents act strategically, taking into account the impact of their own decisions on competitors ‘behaviour and on the price mechanism. Such situations commonly arise when firms differentiate their products, erect strategic entry barriers, or exploit the imperfect information of their customers about the price or characteristics of their product.
This book explores the theoretical richness of these economic contexts, using some basic concepts of game theory. The four assumptions underlying the paradigm of perfect competition (no barriers to entry, large number of agents, product homogeneity, and perfect information) constitute the natural departure points of the theories of imperfect competition: whenever at least one of these assumptions is violated, imperfect competition is present. The framework of the book is organized around the four corresponding themes: the role of collusion and entry barriers in the degree of market competition (Ch. 3), product differentiation (Ch. 4) and the information of agents as an instrument of competition (Ch. 5). Finally, Ch. 6 illustrates the possibility of extending the theory to a general equilibrium framework.
Sharan Jagpal
- Published in print:
- 2008
- Published Online:
- September 2008
- ISBN:
- 9780195371055
- eISBN:
- 9780199870745
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780195371055.003.0007
- Subject:
- Business and Management, Marketing
This chapter shows how the firm can coordinate its new product designs, production processes, and pricing strategies when only secondary (market-level) data are available. In particular, it examines ...
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This chapter shows how the firm can coordinate its new product designs, production processes, and pricing strategies when only secondary (market-level) data are available. In particular, it examines the conditions under which firms should use price or other market signals (e.g., product warranties) when they introduce new products into the marketplace.Less
This chapter shows how the firm can coordinate its new product designs, production processes, and pricing strategies when only secondary (market-level) data are available. In particular, it examines the conditions under which firms should use price or other market signals (e.g., product warranties) when they introduce new products into the marketplace.
Michelle P. Egan
- Published in print:
- 2001
- Published Online:
- November 2003
- ISBN:
- 9780199244058
- eISBN:
- 9780191599132
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/0199244057.003.0003
- Subject:
- Political Science, European Union
Focuses on the costs of market fragmentation in Europe. It reviews the economic impact of removing barriers to trade as a result of divergent national standards, testing, and certification ...
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Focuses on the costs of market fragmentation in Europe. It reviews the economic impact of removing barriers to trade as a result of divergent national standards, testing, and certification requirements. Ranked by business as the most important barrier to trade, these domestic regulations can prevent firms from engaging in cross‐border competition and hinder market access. Like other forms of trade protection, such non‐tariff barriers impact the importing country through higher domestic prices, higher cost margins and productive inefficiencies. This chapter also highlights the impact of trade barriers on firm strategies, and provides some empirical evidence of the benefits expected to accrue from market integration.Less
Focuses on the costs of market fragmentation in Europe. It reviews the economic impact of removing barriers to trade as a result of divergent national standards, testing, and certification requirements. Ranked by business as the most important barrier to trade, these domestic regulations can prevent firms from engaging in cross‐border competition and hinder market access. Like other forms of trade protection, such non‐tariff barriers impact the importing country through higher domestic prices, higher cost margins and productive inefficiencies. This chapter also highlights the impact of trade barriers on firm strategies, and provides some empirical evidence of the benefits expected to accrue from market integration.
Robert Eric Frykenberg
- Published in print:
- 2008
- Published Online:
- September 2008
- ISBN:
- 9780198263777
- eISBN:
- 9780191714191
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780198263777.003.0015
- Subject:
- Religion, Church History
This chapter presents some concluding thoughts. It argues that Christian faith in India — at various times and in various circumstances — has been able to transcend ethnic, national, and cultural ...
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This chapter presents some concluding thoughts. It argues that Christian faith in India — at various times and in various circumstances — has been able to transcend ethnic, national, and cultural barriers. What happened among various Christian communities of India, whether they were by birth ‘pure’ (savarna), ‘colourless’ (āvarna, or Dalit), or aboriginal (adivāsi), as described within the chapters of this study, can be seen as manifold instances of indigenous discoveries and appropriations of Christianity and not merely as instances of Christian discovery and exploration of native cultures by missionaries or scholars who were alien to India.Less
This chapter presents some concluding thoughts. It argues that Christian faith in India — at various times and in various circumstances — has been able to transcend ethnic, national, and cultural barriers. What happened among various Christian communities of India, whether they were by birth ‘pure’ (savarna), ‘colourless’ (āvarna, or Dalit), or aboriginal (adivāsi), as described within the chapters of this study, can be seen as manifold instances of indigenous discoveries and appropriations of Christianity and not merely as instances of Christian discovery and exploration of native cultures by missionaries or scholars who were alien to India.
Robert J. Flanagan
- Published in print:
- 2006
- Published Online:
- September 2006
- ISBN:
- 9780195306002
- eISBN:
- 9780199783564
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/0195306007.003.0005
- Subject:
- Economics and Finance, International
This chapter shows the powerful role of international labor market competition in narrowing differences in labor conditions between countries that remain open to migration flows. International ...
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This chapter shows the powerful role of international labor market competition in narrowing differences in labor conditions between countries that remain open to migration flows. International migration produced a large convergence in real wages between Europe and the New World during the transatlantic migrations of the late 19th century. Concerns about the impact of immigration on workers in destination countries resulted in policies that significantly limited international migration during much of the 20th century and gave rise to significant illegal immigration. Dropping these policy barriers would increase world output and significantly reduce inequality between the richest and poorest nations of the world. The chapter also considers whether the emigration of skilled workers (brain drain) harms poor countries, weighing the loss of skills against remittances and other offsetting factors.Less
This chapter shows the powerful role of international labor market competition in narrowing differences in labor conditions between countries that remain open to migration flows. International migration produced a large convergence in real wages between Europe and the New World during the transatlantic migrations of the late 19th century. Concerns about the impact of immigration on workers in destination countries resulted in policies that significantly limited international migration during much of the 20th century and gave rise to significant illegal immigration. Dropping these policy barriers would increase world output and significantly reduce inequality between the richest and poorest nations of the world. The chapter also considers whether the emigration of skilled workers (brain drain) harms poor countries, weighing the loss of skills against remittances and other offsetting factors.
Alec Stone Sweet
- Published in print:
- 2004
- Published Online:
- January 2005
- ISBN:
- 9780199275533
- eISBN:
- 9780191602009
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/019927553X.003.0003
- Subject:
- Political Science, European Union
The previous chapter showed how transnational activity, the adjudication of the European Community (EC) law, and EC lawmaking had developed symbiotically to determine much of what is important about ...
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The previous chapter showed how transnational activity, the adjudication of the European Community (EC) law, and EC lawmaking had developed symbiotically to determine much of what is important about European integration. This chapter provides a more detailed sectoral account of how the adjudication of one class of trading disputes gradually, but authoritatively, undermined the intergovernmental aspects of the EC, while enhancing the polity's supranational, or federal, character. Assesses the impact of adjudicating the freer movement of goods provisions of the Treaty of Rome on integration and supranational governance, focusing on the problem of non‐tariff barriers, as governed by Arts. 28–30 (EC). Proceeds as follows: first, the treaty rules on intra‐EC trade are examined, hypotheses derived about how the domain could be expected to evolve, and the argument advanced is contrasted with alternatives; second, in a section ‘Judicial Governance and Market‐Building’, the emergence is tracked of the basic doctrinal framework (the Dassonville framework) governing the domain, an analysis made of the aggregate data on adjudication in the sector, and the impact traced of the European Court of Justice's case law on the decision‐making of other actors, including the European Commission and Member State governments; third, the mutation of the framework that occurred in the 1990s is discussed – an event that was heavily conditioned by the endogenous development of the law itself; the chapter concludes with an assessment of the findings in light of the pertinent scholarly debates about the impact of the European legal system on the greater course of market‐building and political integration.Less
The previous chapter showed how transnational activity, the adjudication of the European Community (EC) law, and EC lawmaking had developed symbiotically to determine much of what is important about European integration. This chapter provides a more detailed sectoral account of how the adjudication of one class of trading disputes gradually, but authoritatively, undermined the intergovernmental aspects of the EC, while enhancing the polity's supranational, or federal, character. Assesses the impact of adjudicating the freer movement of goods provisions of the Treaty of Rome on integration and supranational governance, focusing on the problem of non‐tariff barriers, as governed by Arts. 28–30 (EC). Proceeds as follows: first, the treaty rules on intra‐EC trade are examined, hypotheses derived about how the domain could be expected to evolve, and the argument advanced is contrasted with alternatives; second, in a section ‘Judicial Governance and Market‐Building’, the emergence is tracked of the basic doctrinal framework (the Dassonville framework) governing the domain, an analysis made of the aggregate data on adjudication in the sector, and the impact traced of the European Court of Justice's case law on the decision‐making of other actors, including the European Commission and Member State governments; third, the mutation of the framework that occurred in the 1990s is discussed – an event that was heavily conditioned by the endogenous development of the law itself; the chapter concludes with an assessment of the findings in light of the pertinent scholarly debates about the impact of the European legal system on the greater course of market‐building and political integration.
Panagiotis Delimatsis
- Published in print:
- 2007
- Published Online:
- January 2009
- ISBN:
- 9780199533152
- eISBN:
- 9780191714528
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199533152.001.0001
- Subject:
- Law, Public International Law
In 2005, the WTO Appellate Body ruled that the United States' total prohibition on cross-border gambling services was unlawful under the General Agreement on Trade in Services (GATS). The questions ...
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In 2005, the WTO Appellate Body ruled that the United States' total prohibition on cross-border gambling services was unlawful under the General Agreement on Trade in Services (GATS). The questions raised by the case — whether and how a government could block the supply of services on moral or public order grounds — went to the heart of key controversies surrounding international economic law. How can a liberal system of international trade in services be reconciled with national governments' desire to protect social values through service regulation? How much regulatory sovereignty are the WTO Members willing to transfer to the WTO? How much regulatory diversity can the international trading system withstand? This book provides a comprehensive analysis of the regulation of services under the GATS. Through a thorough examination of the GATS negotiating history, substantive provisions, judicial interpretation, and ongoing domestic reforms, the book presents a clear picture of how the multilateral trading system justifies and tolerates regulatory diversity in services. In this respect, the book focuses on the core general principles of necessity and transparency, which would allow the assessment of the consistency with the GATS of domestic regulations in services at a horizontal, cross-sectoral level. In addition, the book reviews with a critical eye the ongoing GATS negotiations on the creation of rules on domestic regulations.Less
In 2005, the WTO Appellate Body ruled that the United States' total prohibition on cross-border gambling services was unlawful under the General Agreement on Trade in Services (GATS). The questions raised by the case — whether and how a government could block the supply of services on moral or public order grounds — went to the heart of key controversies surrounding international economic law. How can a liberal system of international trade in services be reconciled with national governments' desire to protect social values through service regulation? How much regulatory sovereignty are the WTO Members willing to transfer to the WTO? How much regulatory diversity can the international trading system withstand? This book provides a comprehensive analysis of the regulation of services under the GATS. Through a thorough examination of the GATS negotiating history, substantive provisions, judicial interpretation, and ongoing domestic reforms, the book presents a clear picture of how the multilateral trading system justifies and tolerates regulatory diversity in services. In this respect, the book focuses on the core general principles of necessity and transparency, which would allow the assessment of the consistency with the GATS of domestic regulations in services at a horizontal, cross-sectoral level. In addition, the book reviews with a critical eye the ongoing GATS negotiations on the creation of rules on domestic regulations.
Michelle Egan
- Published in print:
- 2001
- Published Online:
- November 2003
- ISBN:
- 9780199244058
- eISBN:
- 9780191599132
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/0199244057.001.0001
- Subject:
- Political Science, European Union
The European Union's effort to create a single market involves the removal of trade barriers created by divergent national standards and regulations, which need to be reconciled to promote market ...
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The European Union's effort to create a single market involves the removal of trade barriers created by divergent national standards and regulations, which need to be reconciled to promote market access and inter‐state commerce. This book provides a comprehensive account of the regulatory strategies and institutional arrangements adopted by the European Union in promoting the single market. It provides a historical overview and detailed case studies of the various regulatory initiatives that have altered the boundaries between the public and private sector in fostering market integration. Efforts to remove non‐tariff barriers to trade have relied heavily on European case law, and this book argues that the European Court of Justice has actively shaped markets by balancing the goals of market liberalization and market governance, while also fostering legal compliance with stated regulatory objectives.Although markets are absolutely dependent on public authority, the book demonstrates how the EU has innovatively used non‐state actors to set standards for market access. By delegating regulatory responsibility to private standards‐setting bodies, a hybrid model of regulation has emerged that draws on private sector resources to achieve regulatory goals, primarily by establishing minimum thresholds for regulatory standards and related testing and certification practices. Expected to be more effective than the time‐consuming and ultimately limited harmonization of national practices, completion of the single market through principles of ‘mutual recognition’ and standard setting has been difficult to achieve. The effectiveness of this regulatory process in promoting market integration, and its impact on European business, are examined in detail. Throughout the book, comparisons are made with American efforts to remove internal trade barriers to demonstrate the difficulties of constructing a single market, and to highlight that both cases have involved public and private efforts to coordinate standards. Many of the strategies undertaken by the EU echo earlier American market‐building efforts.Less
The European Union's effort to create a single market involves the removal of trade barriers created by divergent national standards and regulations, which need to be reconciled to promote market access and inter‐state commerce. This book provides a comprehensive account of the regulatory strategies and institutional arrangements adopted by the European Union in promoting the single market. It provides a historical overview and detailed case studies of the various regulatory initiatives that have altered the boundaries between the public and private sector in fostering market integration. Efforts to remove non‐tariff barriers to trade have relied heavily on European case law, and this book argues that the European Court of Justice has actively shaped markets by balancing the goals of market liberalization and market governance, while also fostering legal compliance with stated regulatory objectives.
Although markets are absolutely dependent on public authority, the book demonstrates how the EU has innovatively used non‐state actors to set standards for market access. By delegating regulatory responsibility to private standards‐setting bodies, a hybrid model of regulation has emerged that draws on private sector resources to achieve regulatory goals, primarily by establishing minimum thresholds for regulatory standards and related testing and certification practices. Expected to be more effective than the time‐consuming and ultimately limited harmonization of national practices, completion of the single market through principles of ‘mutual recognition’ and standard setting has been difficult to achieve. The effectiveness of this regulatory process in promoting market integration, and its impact on European business, are examined in detail. Throughout the book, comparisons are made with American efforts to remove internal trade barriers to demonstrate the difficulties of constructing a single market, and to highlight that both cases have involved public and private efforts to coordinate standards. Many of the strategies undertaken by the EU echo earlier American market‐building efforts.
Michelle P. Egan
- Published in print:
- 2001
- Published Online:
- November 2003
- ISBN:
- 9780199244058
- eISBN:
- 9780191599132
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/0199244057.003.0001
- Subject:
- Political Science, European Union
Focuses on the efforts to create a single market in Europe in the post‐war period, a process with many similarities to the creation of a single market in the US. Drawing on this historical ...
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Focuses on the efforts to create a single market in Europe in the post‐war period, a process with many similarities to the creation of a single market in the US. Drawing on this historical comparison, the European Union has sought to foster the removal of barriers to trade through sustained regulatory intervention, acknowledging that markets are never self‐organized but always operate within a political and legal framework. Even though the single market was conceptualized as an economic project, the political and institutional design of the market is important in understanding the governance structures needed to shape the single market. In addressing the political economy of regulation, this chapter argues that three factors are crucially important to understanding why the regulatory role of the European Union is central to explaining the construction of a European market: (1) the need to limit the ability of member states to exercise regulatory sovereignty; (2) the role of law in striking down mercantilistic economic regulation and freeing consequent market activity of many non‐tariff barriers; and (3) using private non‐state actors to achieve their objectives, by delegating certain regulatory functions to the private sector and promoting self‐regulation as an alternative mode of economic governance.Less
Focuses on the efforts to create a single market in Europe in the post‐war period, a process with many similarities to the creation of a single market in the US. Drawing on this historical comparison, the European Union has sought to foster the removal of barriers to trade through sustained regulatory intervention, acknowledging that markets are never self‐organized but always operate within a political and legal framework. Even though the single market was conceptualized as an economic project, the political and institutional design of the market is important in understanding the governance structures needed to shape the single market. In addressing the political economy of regulation, this chapter argues that three factors are crucially important to understanding why the regulatory role of the European Union is central to explaining the construction of a European market: (1) the need to limit the ability of member states to exercise regulatory sovereignty; (2) the role of law in striking down mercantilistic economic regulation and freeing consequent market activity of many non‐tariff barriers; and (3) using private non‐state actors to achieve their objectives, by delegating certain regulatory functions to the private sector and promoting self‐regulation as an alternative mode of economic governance.
Michelle P. Egan
- Published in print:
- 2001
- Published Online:
- November 2003
- ISBN:
- 9780199244058
- eISBN:
- 9780191599132
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/0199244057.003.0004
- Subject:
- Political Science, European Union
Focuses on early efforts in the 1960s and 1970s by the European Community to address trade barriers through the harmonization of national regulatory policies and practices. The push for harmonization ...
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Focuses on early efforts in the 1960s and 1970s by the European Community to address trade barriers through the harmonization of national regulatory policies and practices. The push for harmonization of national policies in Europe was driven by the understanding that, without regulatory intervention at the regional level, there would be no single market and that trade conflicts would escalate. This chapter illustrates the tremendous difficulties that this (old approach) policy of harmonization encountered, despite a strong legal basis in the treaty to eliminate disparities in national regulatory systems. Since this policy reflected a regulatory mismatch, as the instruments chosen were ill‐suited to dealing with the problem, the chapter concludes by focusing on how political and economic constraints forced the EU to undertake regulatory reform to achieve a better match between its policy objective and outcomes.Less
Focuses on early efforts in the 1960s and 1970s by the European Community to address trade barriers through the harmonization of national regulatory policies and practices. The push for harmonization of national policies in Europe was driven by the understanding that, without regulatory intervention at the regional level, there would be no single market and that trade conflicts would escalate. This chapter illustrates the tremendous difficulties that this (old approach) policy of harmonization encountered, despite a strong legal basis in the treaty to eliminate disparities in national regulatory systems. Since this policy reflected a regulatory mismatch, as the instruments chosen were ill‐suited to dealing with the problem, the chapter concludes by focusing on how political and economic constraints forced the EU to undertake regulatory reform to achieve a better match between its policy objective and outcomes.
Michelle P. Egan
- Published in print:
- 2001
- Published Online:
- November 2003
- ISBN:
- 9780199244058
- eISBN:
- 9780191599132
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/0199244057.003.0008
- Subject:
- Political Science, European Union
Provides a case‐study analysis of the operation of this new regulatory policy, with particular attention paid to the difficulties of reaching collective agreement on common European standards. Case ...
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Provides a case‐study analysis of the operation of this new regulatory policy, with particular attention paid to the difficulties of reaching collective agreement on common European standards. Case studies of the toy, machinery, construction, and medical device sectors illustrate the tension between collaboration and competition among the firms and other actors involved in standardization. Given the scarcity of information on European standard setting, the case studies provide crucial empirical evidence about the conditions under which standardization is successful by providing comparable analysis of economic production and trends, past legislative history and efforts to address trade barriers, and subsequent standards negotiations across each sector. This provides important insights into the assessment and evaluation of the new regulatory process and its attendant benefits in realizing a single market.Less
Provides a case‐study analysis of the operation of this new regulatory policy, with particular attention paid to the difficulties of reaching collective agreement on common European standards. Case studies of the toy, machinery, construction, and medical device sectors illustrate the tension between collaboration and competition among the firms and other actors involved in standardization. Given the scarcity of information on European standard setting, the case studies provide crucial empirical evidence about the conditions under which standardization is successful by providing comparable analysis of economic production and trends, past legislative history and efforts to address trade barriers, and subsequent standards negotiations across each sector. This provides important insights into the assessment and evaluation of the new regulatory process and its attendant benefits in realizing a single market.
Jean Zinn-Justin
- Published in print:
- 2004
- Published Online:
- January 2010
- ISBN:
- 9780198566748
- eISBN:
- 9780191717994
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780198566748.001.0001
- Subject:
- Physics, Particle Physics / Astrophysics / Cosmology, Theoretical, Computational, and Statistical Physics
Path integrals are mathematical objects that can be considered as generalizations to an infinite number of variables, represented by paths, of usual integrals. They share the algebraic properties of ...
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Path integrals are mathematical objects that can be considered as generalizations to an infinite number of variables, represented by paths, of usual integrals. They share the algebraic properties of usual integrals, but have new properties from the viewpoint of analysis. They are powerful tools for the study of quantum mechanics, since they emphasize very explicitly the correspondence between classical and quantum mechanics. Physical quantities are expressed as averages over all possible paths but, in the semi-classical limit, the leading contributions come from paths close to classical paths. Thus, path integrals lead to an intuitive understanding of physical quantities in the semi-classical limit, as well as simple calculations of such quantities. This observation can be illustrated with scattering processes, spectral properties, or barrier penetration effects. Even though the formulation of quantum mechanics based on path integrals seems mathematically more complicated than the usual formulation based on partial differential equations, the path integral formulation is well adapted to systems with many degrees of freedom, where a formalism of Schrödinger type is much less useful. It allows simple construction of a many-body theory both for bosons and fermions.Less
Path integrals are mathematical objects that can be considered as generalizations to an infinite number of variables, represented by paths, of usual integrals. They share the algebraic properties of usual integrals, but have new properties from the viewpoint of analysis. They are powerful tools for the study of quantum mechanics, since they emphasize very explicitly the correspondence between classical and quantum mechanics. Physical quantities are expressed as averages over all possible paths but, in the semi-classical limit, the leading contributions come from paths close to classical paths. Thus, path integrals lead to an intuitive understanding of physical quantities in the semi-classical limit, as well as simple calculations of such quantities. This observation can be illustrated with scattering processes, spectral properties, or barrier penetration effects. Even though the formulation of quantum mechanics based on path integrals seems mathematically more complicated than the usual formulation based on partial differential equations, the path integral formulation is well adapted to systems with many degrees of freedom, where a formalism of Schrödinger type is much less useful. It allows simple construction of a many-body theory both for bosons and fermions.
David W. DeLong
- Published in print:
- 2004
- Published Online:
- September 2007
- ISBN:
- 9780195170979
- eISBN:
- 9780199789719
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780195170979.003.0003
- Subject:
- Business and Management, Knowledge Management
This chapter uses a knowledge typology to describe different characteristics of lost knowledge and their impacts on business performance. It shows how increased retirements interact with recruiting ...
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This chapter uses a knowledge typology to describe different characteristics of lost knowledge and their impacts on business performance. It shows how increased retirements interact with recruiting problems and increased mid-career turnover to threaten workforce capabilities. Five knowledge retention barriers are described, which undermine efforts to address aging workforce challenges.Less
This chapter uses a knowledge typology to describe different characteristics of lost knowledge and their impacts on business performance. It shows how increased retirements interact with recruiting problems and increased mid-career turnover to threaten workforce capabilities. Five knowledge retention barriers are described, which undermine efforts to address aging workforce challenges.
Andrew Inkpen and Kannan Ramaswamy
- Published in print:
- 2005
- Published Online:
- September 2007
- ISBN:
- 9780195167207
- eISBN:
- 9780199789825
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780195167207.003.0008
- Subject:
- Business and Management, Strategy
This chapter argues that emerging markets represent the next big growth opportunity for the world's MNEs. The nature and characteristics of emerging markets are discussed, and the barriers that must ...
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This chapter argues that emerging markets represent the next big growth opportunity for the world's MNEs. The nature and characteristics of emerging markets are discussed, and the barriers that must be overcome to succeed in emerging markets are examined. The chapter suggests that the barriers call for radically new thinking on defining and implementing corporate strategies. It also argues that MNEs often make assumptions about emerging markets that are incorrect, leading to flawed strategies. The chapter discusses the ownership structure and control issues associated with emerging market partners, and argues that these are likely to be quite unique. Given unique organizational and structural demands and a customer base with different expectations about the product price-performance ratio, MNEs must adopt new and innovative strategic thinking in order to succeed in emerging markets.Less
This chapter argues that emerging markets represent the next big growth opportunity for the world's MNEs. The nature and characteristics of emerging markets are discussed, and the barriers that must be overcome to succeed in emerging markets are examined. The chapter suggests that the barriers call for radically new thinking on defining and implementing corporate strategies. It also argues that MNEs often make assumptions about emerging markets that are incorrect, leading to flawed strategies. The chapter discusses the ownership structure and control issues associated with emerging market partners, and argues that these are likely to be quite unique. Given unique organizational and structural demands and a customer base with different expectations about the product price-performance ratio, MNEs must adopt new and innovative strategic thinking in order to succeed in emerging markets.
David W. DeLong
- Published in print:
- 2004
- Published Online:
- September 2007
- ISBN:
- 9780195170979
- eISBN:
- 9780199789719
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780195170979.003.0011
- Subject:
- Business and Management, Knowledge Management
This chapter provides an outline of how to start implementing knowledge retention programs. It illustrates the uses of a risk assessment or a knowledge audit, as well as an attrition profile and ...
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This chapter provides an outline of how to start implementing knowledge retention programs. It illustrates the uses of a risk assessment or a knowledge audit, as well as an attrition profile and social network analysis, to identify where turnover and lost knowledge will have the greatest impacts. These steps are necessary to build the business case for investing in the implementation of a variety of knowledge retention initiatives. In addition, change management strategies are outlined to address the cultural barriers and resource constraints that can threaten to undermine the implementation process.Less
This chapter provides an outline of how to start implementing knowledge retention programs. It illustrates the uses of a risk assessment or a knowledge audit, as well as an attrition profile and social network analysis, to identify where turnover and lost knowledge will have the greatest impacts. These steps are necessary to build the business case for investing in the implementation of a variety of knowledge retention initiatives. In addition, change management strategies are outlined to address the cultural barriers and resource constraints that can threaten to undermine the implementation process.
David W. DeLong
- Published in print:
- 2004
- Published Online:
- September 2007
- ISBN:
- 9780195170979
- eISBN:
- 9780199789719
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780195170979.003.0012
- Subject:
- Business and Management, Knowledge Management
This chapter identifies four sources of problems that promote knowledge loss in organizations by creating barriers to knowledge sharing and knowledge management. It suggests change management ...
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This chapter identifies four sources of problems that promote knowledge loss in organizations by creating barriers to knowledge sharing and knowledge management. It suggests change management strategies for dealing with them. The sources identified are: the fact that no one gets promoted for investing in knowledge retention; poor interpersonal expert/novice dynamics; organizational conflict that undermines knowledge sharing; and the psychological trap of “competing commitments” that creates organizational barriers to action.Less
This chapter identifies four sources of problems that promote knowledge loss in organizations by creating barriers to knowledge sharing and knowledge management. It suggests change management strategies for dealing with them. The sources identified are: the fact that no one gets promoted for investing in knowledge retention; poor interpersonal expert/novice dynamics; organizational conflict that undermines knowledge sharing; and the psychological trap of “competing commitments” that creates organizational barriers to action.
Samuel Randalls
- Published in print:
- 2009
- Published Online:
- September 2009
- ISBN:
- 9780199557431
- eISBN:
- 9780191721687
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199557431.003.0010
- Subject:
- Business and Management, Political Economy, Finance, Accounting, and Banking
Financial risks relating to the environment are frequently concentrated in cities, both in the source of risks and in the management of those risks. Urban areas are prone to a number of environmental ...
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Financial risks relating to the environment are frequently concentrated in cities, both in the source of risks and in the management of those risks. Urban areas are prone to a number of environmental concerns including brownfield biodiversity, flooding, and potential relations to climate change, and the effects of ‘everyday’ environmental changes, for example the weather, on productivity. Managing these risks will frequently be found in the city too through mainstream financial institutions like banks and insurers that seek both physical and financial protection for themselves and their clients from the worst environmental effects. One clear example is decision-making about the Thames Barrier in London, which aims to protect the financial heartland of the UK from severe flooding. At the same time, in nearby offices, a wide range of new products are being created to manage these urban environmental risks, including diverse catastrophe bonds, weather derivatives, and global warming indexes. This chapter explores the range of financial risks emerging from environmental changes and the ways in which these are being managed. This brings together both an appreciation of the nature of these risks as well as a financial focus on environmental risks. Relatively little has been written in geography on these products and this chapter provides an overview that is both introductory, but also based on contemporary research on these issues that addresses much deeper questions. If environmental risks are to be successfully managed, then it is clear that there will need to be an appreciation of the raft of financial responses, both current and potential, that will be introduced by companies to achieve this.Less
Financial risks relating to the environment are frequently concentrated in cities, both in the source of risks and in the management of those risks. Urban areas are prone to a number of environmental concerns including brownfield biodiversity, flooding, and potential relations to climate change, and the effects of ‘everyday’ environmental changes, for example the weather, on productivity. Managing these risks will frequently be found in the city too through mainstream financial institutions like banks and insurers that seek both physical and financial protection for themselves and their clients from the worst environmental effects. One clear example is decision-making about the Thames Barrier in London, which aims to protect the financial heartland of the UK from severe flooding. At the same time, in nearby offices, a wide range of new products are being created to manage these urban environmental risks, including diverse catastrophe bonds, weather derivatives, and global warming indexes. This chapter explores the range of financial risks emerging from environmental changes and the ways in which these are being managed. This brings together both an appreciation of the nature of these risks as well as a financial focus on environmental risks. Relatively little has been written in geography on these products and this chapter provides an overview that is both introductory, but also based on contemporary research on these issues that addresses much deeper questions. If environmental risks are to be successfully managed, then it is clear that there will need to be an appreciation of the raft of financial responses, both current and potential, that will be introduced by companies to achieve this.
Leslie R. Martin, Kelly B. Haskard-Zolnierek, and M. Robin DiMatteo
- Published in print:
- 2009
- Published Online:
- February 2010
- ISBN:
- 9780195380408
- eISBN:
- 9780199864454
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780195380408.003.0008
- Subject:
- Psychology, Social Psychology
Successful adherence is influenced by many factors, including disease type, the complexity of the regimen, patient resources, system-level barriers, the clinician–patient relationship itself, and ...
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Successful adherence is influenced by many factors, including disease type, the complexity of the regimen, patient resources, system-level barriers, the clinician–patient relationship itself, and various cultural beliefs and experiences. Approximately one-fourth of patients fail to follow their prescribed treatment regimens, and the focus of this chapter is on understanding the barriers to adherence, with an eye toward strategies that promote adherence (e.g., simpler regimens, clear explanations, accurate understandings of likely side effects, strong social support networks, fostering patient autonomy and self-efficacy, partnering with patients, ensuring access to care). Multifaceted interventions to improve adherence are most effective.Less
Successful adherence is influenced by many factors, including disease type, the complexity of the regimen, patient resources, system-level barriers, the clinician–patient relationship itself, and various cultural beliefs and experiences. Approximately one-fourth of patients fail to follow their prescribed treatment regimens, and the focus of this chapter is on understanding the barriers to adherence, with an eye toward strategies that promote adherence (e.g., simpler regimens, clear explanations, accurate understandings of likely side effects, strong social support networks, fostering patient autonomy and self-efficacy, partnering with patients, ensuring access to care). Multifaceted interventions to improve adherence are most effective.
