The Stability and Growth Pact: Pros and Cons 1. Introduction Adopted in 1997‚ the Stability and Growth Pact (SGP) of the European Union (EU) has been subject to myriad criticisms‚ which have questioned its effectiveness and sustainability. This paper starts by describing the rationale behind its origination. Section 3 communicates its structure. Section 4 examines the reasons for its reform. Section 5 presents the main leverages and handicaps associated with its implementation
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RETHINKING HEGEMONIC STABILITY THEORY: SOME REFLECTIONS FROM THE REGIONAL INTEGRATION EXPERIENCE IN THE DEVELOPING WORLD Petropoulos Sotirios1 First Draft 1 Phd Candidate at Harokopion University‚ department of Geography‚ Researcher at the Institute of International Economic Relations The paper examines the ability of the hegemonic stability theory to interpret the creation and development of regional integration schemes in the developing world. More specifically‚ this paper aims at
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Jimmer Young Zsuzsa Maygar Political Science 6 17 March 2014 Corruption Research Project Throughout the world‚ a fundamental truth that must be acknowledged is that our governments are plagued by corruption. This corruption is a pervasive force firmly entrenched across all societies. With that being said‚ not all governments were created equal. Corruption manifests itself in a multitude of manners causing some countries to be more corrupted than others. The chief focus of this paper is to examine
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International Research Journal of Finance and Economics ISSN 1450-2887 Issue 50 (2010) © EuroJournals Publishing‚ Inc. 2010 http://www.eurojournals.com/finance.htm Stability of Beta over Market Phases: An Empirical Study on Indian Stock Market Koustubh Kanti Ray Assistant Professor‚ Financial Management at Indian Institute of Forest Management (IIFM)‚ Bhopal‚ India. E-mail: raykk@iifm.ac.in Abstract The significant role played by beta in diverse aspects of financial decision making
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Constitution and Systems of the State Your Name Course/Number Date Instructor Name (Doctoral students must include the following on the title page instead: title‚ author’s name‚ and institution name) Constitution and Systems of the State While Missouri constitution also has a bill of rights‚ with important aspects like Unreasonable search and seizure prohibited‚ freedom of speech‚ and Religious freedom‚ Missouri is often known as a "microcosm" of the United States and many of the main
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Political dynasties are here to stay whether you like it or not‚ unless‚ of course‚ if YOU make a choice. Article II‚ Section 26 of the 1987 Philippine Constitution prohibits the existence of political dynasties but because majority of the lawmakers are either scions or kingpins of a political clan‚ no one has the guts to step up and perform a rare case of political suicide. Now‚ we are just left with two choices: stand up for democracy and let corrupt political dynasties wither on their own or
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To What Extent Did Weimar Germany Experience A Period Of Economic and Political Deceptive Stability In the Years 1924-1929? During the years 1924-1929‚ despite small‚ short-term economic progress being made with some political stability‚ it is evident that Germany was‚ as stated by Stresemann‚ ‘dancing on the edge of a volcano’ in the respect that any stability experienced was only short lived‚ and only the calm before the storm of the economic crisis in 1929‚ and suggesting it to therefore
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The political environment in a country affects business organizations and could introduce a risk factor that could cause them to suffer a loss. The political environment could change as a result of the actions and policies of governments at all levels‚ from the local level to the federal level. Businesses need to be prepared to deal with the fallout’s of government politics locally and internationally. Let’s first define Political environment‚ there are several factors that creates an Inter-linkages
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We hypothesized that the amount of UV radiation exposed has a negative correlation with yeast genetic stability‚ which ultimately determines the number of yeast colonies. In this experiment‚ yeast cells were treated with UV radiation‚ protected by photoprotective agents with different strength (in ascending order: Sunscreen #2‚ #1‚ aluminium foil). After letting it grow for seven days at 37 degrees‚ some grown colonies were counted to determine the effectiveness of photoprotective agents. After comparing
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POLITICAL SCIENCE * It is the systematic study of the state in all its elements‚ aspects and relationships. * The term POLITICAL is taken from the Greek word POLIS meaning‚ city-state. * SCIENCE is derived from Latin word SCIRE which means “to know” and CIENCIA which means “knowledge” or “study” * The systematic study of and reflection upon politics. Politics usually describes the processes by which people and institutions exercise and resist power. Political processes are used
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