Résultats 75 ressources
-
In recent decades, the technical handling of custody business in the OHADA region has undergone a lasting change. There has been a shift from a direct to an indirect holding system, in which the interests of an investor in respect of the underlying securities are recorded in the books of an intermediary (such as a bank or a securities firm). Under the law of all states within the OHADA region, the traditional conflict of laws rule for determining the enforceability of a securities pledge that occurs in the indirect holding system is the lex rei sitae (or the lex cartae sitae or the lex situs ) rule. However, the traditional lex rei sitae rule cannot be appropriately applied to a system where the dematerialised securities are held through multiple layers of intermediaries located in different jurisdictions. Yet, until the intermediated system and the collateralisation of intermediated securities in the OHADA region will continue to operate in somewhat legally murky waters, leading to more instability in the financial markets. Therefore, Justin Monsenepwoaims to find an appropriate and consistent approach that reflects the reality of the indirect holding system in the OHADA region. “This publication is essential reading for policy makers, academics, market participants, and legal practitioners in the OHADA region and beyond. I am convinced that its in-depth analysis of OHADA’s substantive and conflict of laws rules will go a long way in filling the gap in this area and encouraging further development in the future.” Christophe Bernasconi, Secretary General of the „Hague Conference on Private International Law“ – HCCH in the foreword
-
The works presented for the PhD by publication are all connected in the way they engage in a functionally comparative study of the English and French law responses to common problems pertaining to contractual performance and contractual interpretation. My comparative inquiry demonstrates that both France and England have stayed true to their historic responses in times of peace and crisis confirming different mentalités juridiques. As neither England nor France offers ideal solution, parties may be better off finding a resolution to their disputes beyond the legal realm and respond to calls for collaboration. This nevertheless shows persisting differences in Anglo-French approaches. This thesis however argues that these divergences may nevertheless lead to common results through the lens of a taxonomy of commercial contracts – professionally drafted contracts may lead to converging results given the common application and interpretation of frequently used clauses beyond a domestic legal culture; by contrast, rudimentary contracts produce diverging results as the interpretation of these agreements is marked by a distinctive domestic socio-legal culture. This taxonomy has the potential to improve the predictability of outcomes in commercial disputes in England and France.
-
While a universally applicable multilateral agreement on investment is not yet available, a broad network of BITs and investment chapters in FTAs has been put in place to protect foreign investors and their investments. Meanwhile, investment arbitration has become a defining feature of modern international investment law over the recent decades, enabling foreign investors to launch an investment arbitration against host states, often without the need to go through local remedies before that. With the caseload of investment arbitration increasing at a rather rapid speed, such a dispute resolution method has also attracted fierce criticism. Many commentators have alleged, among other, that the decision-making of investment arbitrators has been inconsistent and unpredictable, that investment arbitration has become a threat to public interest, that investment arbitration proceedings are not transparent enough, that the arbitrators involved are not independent nor diverse enough, that the lack of an applellate mechanism compromises the quality of decision-making, and that investment arbitration has become far too costly and time-consuming. Against such a backdrop, the global community has made joint efforts to reform the investment arbitration system, not least through various initiatives developed at ICSID and UNCITRAL. Almost at the same time, national states also seem to have started to reconsider the costs and benefits of including investment arbitration in their investment agreements as a method for the resolution of disputes with foreign investors. Although the caseload of investment arbitration continues to grow and national states keep concluding IIAs containing investment arbitration clauses, at least some countries in their more recent investment treaty making practice have demonstrated a policy trend to rein in investment arbitration and ramp up the role of domestic courts in resolving investment disputes. They often do so by exiting the ICSID system, terminating their investment agreements with economic partners, excluding investment arbitration from their investment agreements, and conditioning investment arbitration upon the prior use of litigation via domestic courts. While the state practice mentioned above surely does not suggest the global society has any intention to abandon investment arbitration any time soon, it prompts us to take a step back and reconsider the role that domestic courts may play in resolving investment disputes, instead of solely focusing on the piecemeal reform of investment arbitration. When it comes to investor-state dispute resolution, domestic courts can indeed play different roles along the process. Like investment tribunals, domestic courts can also adjudicate investment disputes between foreign investors and local authorities. Such a judicial role sometimes is also confirmed in investment agreements through, for example, the exhaustion of local remedies rule, the clause demanding pursuit of local remedies prior to investment arbitration and the fork-in-the-road provision. In the context of non-ICSID arbitration, disputing parties are often entitled to applying for the review by domestic courts loci arbitri of the rulings and awards rendered by investment tribunals. Domestic courts loci arbitri would thus assume a supervisory role with regard to arbitration proceedings and arbitral outcomes, as they may set aside arbitration awards in question according to the review grounds enumerated in local arbitration laws. Moreover, domestic courts in a broader sense may be called upon to support the conduct and / or authority of investment arbitration, by recognizing and enforcing the investment awards rendered by arbitral tribunals and issuing interim measures of a judicial nature to facilitate the arbitration process. Since litigation through domestic courts and investment arbitration are two primary remedies that foreign investors often rely on for the resolution of investment disputes, this study constructs three models of institutional design with regard to the allocation of jurisdiction over investment disputes between domestic courts and investment tribunals. While the reality may turn out to be more complicated, such three models roughly represent the institutional choices facing national states. These three models are: (i) utter reliance on domestic courts as the exclusive forum for investor-state dispute resolution, (ii) investment arbitration operating as a substitute for litigation via domestic courts, and (iii) investment arbitration working as a complement to litigation via domestic courts. In order to conduct a comparative institutional analysis of the three models to reveal their respective tradeoffs, this study employs a goal based approach which is increasingly used to analyze the effectiveness of international adjudicatory mechanisms. As a result of the employment of the goal-based approach, the goals of investor-state dispute resolution are recognized as achieving fair and efficient dispute resolution, promoting state compliance with investment treaty norms, facilitating the objectives of the investment law regime, and legitimizing the underlying investment treaty regime. While the quality of the national judiciaries of many developing countries is not the same as it was decades ago largely due to the judicial reforms launched around the world, fairness and efficiency in dispute resolution still cannot be fully guaranteed in the domestic courts of those countries without a robust legal system and a good record of the rule of law. However, there are certain institutional characteristics of court litigation that may facilitate the efficiency in the resolution of investment disputes, such as the unique advantage of domestic courts that they can work as a single forum for dispute resolution and the better knowledge of court judges of the domestic legal framework at issue. Domestic courts also hold great potential in promoting the compliance by national states with investment treaty norms not least because they have more flexibility in awarding both primary and secondary remedies, but that of course depends on whether domestic courts can adjudicate investment disputes in a fair and impartial manner. Moreover, while utter reliance on litigation via domestic courts may strengthen the domestic rule of law and improve the investment climate in the long term by pressing host states to improve their legal systems and judicial institutions, it may also invite the politicization of investment disputes and the diplomatic intervention from home states in investor-state dispute resolution. Furthermore, despite the risks created for foreign investors, reliance on domestic courts as the exclusive forum may enhance the legitimacy of the investment treaty regime by reducing the sovereignty costs incurred by national states and putting domestic investors and foreign investors on the same footing. Investment arbitration operating as a substitute for domestic courts, on the other hand, demonstrates certain advantages, which are typically affiliated with international arbitration, in achieving the fair and efficient resolution of investment disputes. Unlike domestic courts, which are an integral part of the state apparatus, investment arbitrators are often immune from the influence of domestic politics and are thus believed to be independent and impartial. Meanwhile, the specialization of arbitrators in a particular area of knowledge and the procedural flexibility of arbitration proceedings, among others, are expected to improve efficiency in the resolution of investment disputes. However, empirical evidence presented in the literature sometimes suggests that, in reality, investment arbitrators may not be that unbiased and investment arbitration proceedings often drag on with a bill of a massive amount. Besides, although investment tribunals have a broad scope of jurisdiction over the behavior of different government branches, the practical difficulties they face in awarding primary remedies may damage their ability in promoting state compliance with investment treaty norms. In addition, the introduction of investment arbitration grants to foreign investors a standing in international arbitration proceedings, to a large extent reducing the need for diplomatic protection and home state intervention. However, the positive impact of investment arbitration in facilitating the development of the domestic rule of law and the maintenance and increase of foreign capital is less certain. As for the preservation of the legitimacy of the underlying investment treaty regime, investment arbitration as an alternative to domestic courts cannot be relied on to produce much positive impact. For instance, the increasing sovereignty costs and financial burden imposed on national states would probably prompt more of them to turn against the investment treaty regime. The complement model, in which domestic courts assumes primary jurisdiction and investment tribunals secondary jurisdiction over investment disputes, stands a good chance in keeping the advantages of both court litigation and investment arbitration while avoiding their disadvantages. In the complement model, domestic courts will act as the first line of defense in adjudicating investment disputes, and the institutional advantages of court litigation will be enabled to release their potential. At the same time, even if foreign investors are not satisfied with the judicial outcome or regard the court proceedings as corrupt or unfair, they may escalate the specific disputes to investment tribunals for further consideration. Since court judges are more knowledgeable and experienced in the interpretation and application of domestic law, the legal analysis of court judges will also benefit the decision-making of investment arbitrators in the subsequent arbitration proceeding. Allowing domestic courts to have a first try at investment disputes will also increase the likelihood that primary remedies could be accorded, thus the unique advantages of primary remedies in promoting state compliance with investment treaty norms are not discarded in the complement model. Moreover, the complement model is also more promising in facilitating the achievement of the objectives of the investment treaty regime, and that is because domestic courts are not marginalized in the complement model, the antagonism between foreign investors and host states may be expected to decrease, and the depolicization of investment disputes will not be lost since investment arbitration is kept as an option. Furthermore, the complement model strikes a better balance among the interests of foreign investors, host states and other stakeholders, thus it is more likely to preserve and even enhance the legitimacy of the underlying investment treaty regime than the other two institutional choices. Although the complement model serves the goals of investor-state dispute resolution the best in theory, not any casual combination of court litigation and investment arbitration will do the job; instead, only a smart mix of the two dispute resolution methods can give full play to the advantages of the complement model. Now, we switch to the supervisory role of domestic courts in investor-state dispute resolution. While a systemic appellate mechanism has not been created for investment arbitration, disputing parties may rely on setting-aside proceedings in non-ICSID arbitration to challenge arbitration awards. In other words, domestic courts loci arbitri may conduct a judicial review of the rulings and awards made by investment tribunals. However, a theoretical analysis of the judicial review mechanism supported by empirical evidence has shown that the mechanism has several flaws, which include but are not limited to the points that follow immediately. Since there is only a casual link between the seat of arbitration and the investment dispute, it is inappropriate to subject the decision-making of arbitrators to the judges from the place where the arbitration proceedings took place. The very fact that review courts have been overwhelmingly located within the developed North could raise concern that the judicial review mechanism is inherently biased against developing countries which have already shown a somewhat negative sentiment towards investment arbitration. Given that judicial review proceedings could easily go through more than one instance of court proceedings in many jurisdictions, the dispute resolution process may consume more time and generate higher costs. From this point of view, the judicial review mechanism favors the richer party in investment arbitration and could become a weapon of dilatory tactics available for such a party. Considering the higher error costs relating to investment arbitration than that relating to commercial arbitration, limited review grounds and a copious amount of deference to arbitral tribunals may not prove to be as effective in the scrutiny of investment awards. Moreover, the idiosyncrasies as to review grounds and standards across jurisdictions indicate that inconsistency would also probably permeate the judicial review practices, which would then encourage forum shopping that leads to increased costs and decreased efficiency. In addition, as both review courts and enforcement courts may exercise control over investment awards, the setting-aside decision may be merely disregarded at the enforcement stage and the overall efficiency of investor-state dispute resolution may be reduced. In order to overcome many of the flaws mentioned above, a delocalized form of review should be introduced to take place of the current judicial review mechanism.
-
This thesis concerns the recent and considerable change in corporate governance legislation, specifically how boards of directors address the issue of parity and the appointment of its members in public limited companies. This research will challenge European Union law which, to date, does not propose EU harmonization.The UK, France, Germany and Norway (a non-member country but one that will be included in this research) have introduced changes to their national legislation in relation to company boards in public listed companies. This research will focus on a comparative study of parity on company boards under European Union law and its application in the UK (pre-Brexit), Germany, France and Norway. The application of corporate governance codes or soft law and the proposal for a hard law directive demonstrate a fragmentation in the EU, as the application of law by hard quotas divides member states and parliamentarians in European Union law. Corporate governance law in the member states varies considerably, but it must respect the EU's primacy law. Comparisons of legislation between member states reveal the marked differences in law.Women are significantly under-represented on the corporate boards of public limited companies in Europe. Legitimate questions need to be asked. Does the European Commission have the right to make a proposal for a directive allowing for parity on the boards of public limited companies in the EU? The reality is that the Commission does not have a solid approach in dealing with the issue of parity. As long as there is too much inconsistency between Member States, this leaves considerable room for further research. Legislation and governance law between member EU member states diverge considerably and demonstrate inconsistency with the legislation between them, resulting in little or no consensus in the interpretation of EU law. Or member states diverge with opposing interpretations of EU law, especially concerning sovereignty.National legal systems differ considerably in the way legislation allows for the appointment of board members and the notion of parity. A review of corporate governance matters concerning shareholders, the composition and appointment of board members corporate governance codes reveal the gap between member states. The research focus on parity by way of a comparison of the soft and hard laws of the member states.. The research upholds European law Article 157(3) Treaty of the Functioning on the European Union (TFEU), which is the fundamental principle of EU law and basis of gender equality and parity.The research will contribute to raising awareness of this issue through quota legislation and the question of parity on boards in public limited companies in the EU.
-
Labour migration, which involves both labour immigration and labour emigration, refers to ‘the cross-border movement of people from a homeland to a location outside that homeland, with the purpose of taking up employment’.1 Labour migration has become an ever more important feature of the globalising world as it plays an important role and has a direct impact on African countries’ economies and societies.2 Recognising the significant benefits of labour migration to countries of origin and destination, the African Union urges African States to enact labour migration laws, regulations, and policies in a regular, transparent, and comprehensive manner at both continental and country levels.3 In this regard, many African countries have exercised their prerogative to regulate labour migration, which falls within each state’s sovereign discretion. By way of illustration, this thesis focuses on two specific countries, namely the Democratic Republic of Congo (DRC) and South Africa, which have regulated the employment of foreign-born workers. The two countries have established a legal and regulatory framework aimed at protecting the national labour force against foreign competition. The two countries have been selected for this study because they are comparable in many ways while differing as much as possible in terms of the institutional set-up of their migration systems and labour markets. In fact, this study seeks to compare the DRC’s and South Africa’s labour migration laws, regulations and policies, particularly how these legal and regulatory instruments effectively protect the national labour force against foreign competition. In this sense, the study explores the overall successes and challenges of these legislative and regulatory endeavours, while identifying the shortcomings and merits of the implementation of the laws and policies in the two countries.
-
Following the mandatory adoption of the revised OHADA Accounting Standards that have moved closer to the International Financial Reporting Standards (IFRS), this study examines whether the level of Earnings Management of Companies making public offers or listed firms, in the West African Stock Exchange Market Abidjan-Ivory Coast (BRVM) has reduced. The study avails of Financial Statement figures during pre-adoption (2014–2017) and post-adoption (2018–2021) periods, for 26 selected listed firms in the BRVM. Findings suggest that firms in the post-adoption period of the revised OHADA Accounting Standards (2018–2021) are less likely to smooth earnings compared to the pre-adoption period (2014–2017). This indicates that adopting accounting standards of higher quality can bring an improvement in Financial Reporting Quality, everything being equal.
-
Trade agreements are a common feature in international economic law as they govern trade relations between states. These agreements are anchored by a firm foundation of the requisite legal provisions to support trade. In this regard, the World Trade Organisation (WTO) and the African Continental Free Trade Area (AfCFTA) have each developed their own legal texts that acknowledge the significance of trade facilitation and would, when implemented, facilitate the movement of goods and services across international borders. The thesis was a comparative analysis of the legal texts on trade facilitation of the WTO and the AfCFTA whose aim was to identify the resemblances and divergences between the two. The WTO has a broader mandate of global trade and ensures that trade amongst its members is conducted in conformity with global rules. On the other hand, the AfCFTA is a trade agreement that has been negotiated by African member states pursuant to the political vision of the African Union (AU), and within the confines of WTO, specifically Article XXIV of GATT 1994. This research was therefore undertaken against the backdrop of these seemingly contradicting circumstances. The central research question for the study concerns the differences and similarities between the legal texts on trade facilitation of the WTO and the AfCFTA. The study was qualitative involving a desktop review of primary and secondary sources of data. Among others, the thesis finds that the AfCFTA complies with the strategic goals of the AU, and at the same time, complements the multilateral trading system of the WTO. The thesis concludes that while there are certain similarities, the legal texts on trade facilitation of the WTO and the AfCFTA are different. The inherent dissimilarities in the texts are not contrary to the principles of the WTO. The thesis contributes to scholarly literature in trade facilitation with respect to both the AfCFTA and the WTO. It also identifies new areas for further studies and provides the necessary groundwork. The study recommends some improvements that can be made to the respective legal texts on trade facilitation.
-
This article provides an overview of the history of international commercial law in Africa with reference to instruments of the three sister organisations of private international law (in a wide sense): UNCITRAL (the United Nations Commission on International Trade Law), UNIDROIT (the International Institute for the Unification of Private Law) and the HCCH (the Hague Conference on Private International Law). The adoption of UNIDROIT's Cape Town Convention on International Interests in Mobile Equipment of 2001 is identified as a possible watershed moment in respect of the future development of international commercial law in Africa. Following the creation of an African Continental Free Trade Area by member countries of the African Union, it is suggested that participating states reconsider joining the United Nations Convention on the International Sale of Goods (1980) (CISG) and incorporating the UNCITRAL Model Law on International Commercial Arbitration (1985/2006), which are in a certain sense the two founding documents of the modern lex mercatoria. Another priority, the author suggests, is that Africa needs a supporting instrument on the private international law of contract. The first draft of the African Principles on the Law Applicable to International Commercial Contracts is then discussed with an emphasis on the role of substantive law instruments, in particular the CISG
-
This thesis evaluates the strengths and weaknesses of the legal framework on corporate rescue in South Africa and Uganda. Although corporate rescue was initially not one of the objectives of insolvency law, it has now become the focus of modern insolvency law. South Africa became the first country to recognise the need to create a legal framework for rehabilitating financially distressed companies when it incorporated judicial management in the Companies Act of 1926. Judicial management was, however, not successful as a corporate rescue procedure. The South African policy makers however continued to explore ways through which financially distressed but viable companies could be saved from collapsing. This culminated into the introduction of business rescue in Chapter 6 of the Companies Act 71 of 2008. The study presents a detailed analysis of the strengths and weaknesses of the South African business rescue framework. It posits that unlike the Ugandan system, the South Africa legal regime reflects the principles of a modern and effective corporate rescue system. Whereas the government of Uganda attempted to embrace corporate rescue through the introduction of administration in the Insolvency Act 2011, the law is devoid of the internationally recognised features of a modern and effective business rescue framework. Administration has remained a white elephant in Uganda’s insolvency system, with liquidation continuing to be the predominant procedure used by both creditors and financially distressed companies. It is recommended that Uganda’s policy makers should benchmark the South African system to reform Uganda’s corporate rescue framework. This thesis is based on the law as at 31st of May 2022, found in the sources available in South Africa and Uganda.
-
This study examines factors influencing the international public sector accounting standards (IPSAS) implementation and presenting of accounting information related to the Jordanian public sector, also the information of reports is based on “Accounting principles and practices (No.39/1962) among government accountants. This study identified several important factors influencing the IPSAS implementation which are; lack of self-efficiency and assets evaluation. In addition, a quantitative approach was employed by distributed the questionnaires to 100 respondents enrolled at Jordanian General Budget Department using simple random sampling. The data were analyzed using SPSS to verify the relationships between the variables. The results found significant positive relationships between lack of self-efficiency and assets evaluation and IPSAS implementation resistance among government accountant in the public sector of Jordan. To sum up, this study contributes in expanding the literature concerning IPSAS implementation in Jordanian context, it’s also provides meaningful guideline to the government of Jordan for IPSAS implementation resistance. Finally, providing insights on the critical success factors to ensure successful implementation process.
-
In social life, there are often differences in perceptions between humans, causing problems or disputes, whether minor or serious. Likewise in the relationship of economic activities or more commonly known as business relations. Not infrequently humans experience a clash and differences of opinion that lead to disputes. Various problems will always arise in business as long as humans run their business solely for profit, so there are often differences of opinion because the parties will not be harmed which will eventually lead to disputes. In the end, dispute resolution, especially business disputes, is often resolved through a trial in court through a lawsuit by one of the parties who feel aggrieved. However, what was expected from the settlement turned out to be unsatisfactory for the parties because the settlement through litigation sometimes took a long time to obtain legal certainty so that it actually harmed business people because of the loss of time, energy and materials. As an alternative to resolving business disputes, business actors have a tendency to avoid disputes in court and choose to use mediation or through arbitration institutions. This study will briefly describe the comparison of business dispute resolution through court mediation with settlement through arbitration institutions. The research was conducted through descriptive empirical legal research.
-
Sub-Saharan Africa has one of the dynamic economies in the world. Unfortunately, the performance achieve has not led to a reduction of social issues. So, the government are making massive investment to overcome social issues. This massive public investment highlights the exogenous nature of the current economic growth. So, a change of the strategy in the economic management of sub-Saharan Africa is required. One solution remains the change of economic paradigm: the transition from exogenous economic with decreased return to endogenous economic with increased return. The theoretical explanation of such arguments are supported by New Growth Theory. However, the implementation of the new theory required compliance to a set of indicators known as stylized facts. In 2009, Romer and Jones have developed a list of stylized corresponding to the need of New Growth Theory. The stylized facts of the West African Economic and Monetary Union (WAEMU) have been compared to the standard facts of Romer and Jones in order to apply the recommendations of New Growth Theory in this area. To reach that aim, the stylized facts have been described and analysed with econometric panel model. As result, we find that the description of the stylized facts in WAEMU fitted perfectly with that of Romer and Jones for the same period. Unfortunately, when using data, institution don’t work as expected by Romer and Jones. This study strengthens the argument for the implementation of economic policy based on the valorisation of knowledge economic in WAEMU.
-
The composition of the Board of Directors is commonly presented as an understandable variable for its effectiveness. However, the work that examined the relationship between the composition and effectiveness of the Board is not characterized, as they require about whether or not certain categories of directors (internal, external, independent) are relevant and the related empirical results are mixed. This work examines the relationship between the characteristics of the board of directors and its effectiveness in a type of business that is very common in the world, respecting the family business. Thus, the problem that this study tries to solve is to identify the characteristics of the board of directors that can contribute to its effectiveness in Cameroonian family businesses. We found that the size of the Board, the presence of external directors, and the cumulative management and control functions appear to have an impact on the effectiveness of the Board.
-
Financial accounting is one of the indispensable management tools in an organization, its objective is to present financial statements that reflect a true and fair view of the assets, financial position and results of the entity. In times of high inflation, however, money loses its purchasing power at such a rate that comparing amounts resulting from transactions and other events that occurred at different times, even during the same accounting period, can be misleading. This can cause the figures in the financial statements to be misleading. It is therefore essential to adjust these figures to the actual economic conditions in order to preserve a true and fair view of the company's assets, financial position and results. International financial standards such as those of OHADA analyze this problem of inflation in accounting through different methods of restatement of the figures of the financial statements to make them faithful and consistent with the economic reality. In this work, we will identify the points of divergence as well as the points of convergence between OHADA and IAS/IFRS accounting standards in terms of inflation accounting.
-
The COVID-19 crisis, in addition to its serious health impact, has negatively affected key socio-economic aggregates and has shocked the strategic planning of all economic and social actors, including local communities. In search of resilient, skillful and intelligent good territorial governance, the municipalities are working to adapt their governance systems to the new social and environmental priorities. This work proposes a new reading of the acquired approaches to good governance, a new paradigm related to the new conjuncture and an assessment of the performance system at the central and local levels
-
Cette thèse se compose de trois chapitres indépendants et examine différentes questions antitrust liées aux plateformes de gatekeeper. Le chapitre I explore le problème du verrouillage vertical dans les marchés bifaces. Dans le cadre des Accelerated Mobile Pages (AMP) de Google, le chapitre 2 examine la question de l'accès des plates-formes de contrôle d'accès aux données des utilisateurs professionnels. Le chapitre 3 se concentre sur le droit d'auteur numérique et étudie le comportement de Google consistant à utiliser le contenu des éditeurs pour afficher des réponses courtes sur les pages de résultats de recherche.Le premier chapitre examine comment l'intégration verticale d'une plate-forme monopolistique, qui se caractérise par des externalités de réseau bilatérales entre groupes, influe sur son incitation à s'engager dans le verrouillage en aval. Je me concentre sur un environnement où la plate-forme et les vendeurs en aval sont confrontés à l'incertitude quant aux gains du commerce au stade de la passation des marchés. Le choc aléatoire étant non contractile, la contractualisation crée des frictions qui faussent la structure tarifaire de la plateforme. En revanche, l'intégration verticale atténue ce problème en permettant à la plate-forme d'intégrer le choc aléatoire des prix à la consommation. En raison de l'interaction entre la friction des transactions et les externalités de réseau intergroupes, je trouve que l'intégration verticale pourrait réduire l'incitation de la plate-forme à la forclusion.Le deuxième chapitre est un travail conjoint avec Doh-Shin Jeon. Nous étudions comment l'adoption par les journaux d'AMP, un format de publication qui permet le chargement instantané de pages Web dans les navigateurs mobiles, modifie l'allocation des données et, par conséquent, les incitations des journaux à investir dans un journalisme de qualité. L'adoption d'AMP permet à Google d'obtenir des données sur les consommateurs à partir d'articles AMP et de les combiner avec d'autres sources de données sur les consommateurs pour améliorer le ciblage des publicités diffusées par Google sur d'autres sites Web. Même si une telle combinaison de données augmente l'efficacité statique, elle peut réduire l'efficacité dynamique lorsqu'elle diminue les revenus publicitaires par trafic de journal, réduisant ainsi la qualité du journalisme. Les journaux sont confrontés à un problème d'action collective car l'adoption de l'AMP par un journal génère des externalités négatives pour les autres journaux via le classement des recherches et la fuite de données. Google peut tirer parti de son pouvoir de marché dans la recherche et l'intermédiation publicitaire pour inciter les journaux à adopter AMP. Nous fournissons des recours politiques.Le troisième chapitre construit un modèle théorique de biens d'information divisibles pour examiner comment l'utilisation d'extraits par un moteur de recherche monopolistique impacte la consommation et la création de contenu. En affichant des extraits dans la zone de réponse sur les pages de résultats de recherche, le moteur de recherche dissocie les informations essentielles et les informations supplémentaires des articles. Elle crée donc deux effets opposés sur l'incitation des éditeurs à investir dans la qualité : l'effet de taille du marché et l'effet d'élasticité. Son impact sur le bien-être social est ambigu. D'une part, la boîte de réponse améliore l'efficacité de la recherche en offrant un accès plus large aux informations essentielles et en permettant aux consommateurs inframarginaux de substituer les informations essentielles à l'article complet. D'un autre côté, cela pourrait réduire le trafic sur le site Web, réduire les revenus publicitaires des éditeurs et les inciter à investir dans la qualité. J'examine les impacts des différentes politiques qui obligent le moteur de recherche à payer pour l'utilisation d'extraits.
-
The main principles of EU internal market vs the new UK internal market: a background. The internal market of the European Union. UK membership: accession to the European economic community in 1973. The nature of the EU internal market and the free movement of goods. The UK internal market after the internal market act 2020. The EU common commercial policy and the post-Brexit scenario. Brexit: new agreements and legal framework. EU-UK post-Brexit relationship: a new framework for a new partnership. Brexit history and the question of sovereignty. Brexit history: the timeline. Brexit and the withdrawal agreement. Brexit and Northern Ireland protocol. Brexit and trade: perspectives on a new partnership. Brexit and trade: trade and cooperation agreement. Trade and cooperation agreement: EU-UK trade relations, institutional and governance structures. Preliminary remarks. Analysis of the TCA: trade in goods provisions. 0,0 agreement: zero tariffs, zero quotas and rules of origin. The TCA: technical barriers to trade (TBT). The TCA: sanitary and phytosanitary standards (SPS). The TCA: the principle of mutual recognition. Level playing field (LPF). The Northern Ireland protocol and the trade in goods regime. TCA’s main concerns and application issues. TCA dispute settlement mechanisms. Some conclusive remarks on TCA provisions.
-
Capital and current account restrictions were widely used in the past but were largely released during the liberalization movement of the 1990s, as interventionist policies got widespread support that paves the way to the renewed conception of government as an impartial referee. Such a restriction has come back on the agenda with the surge in public debt in the rouse of the Global Financial Crisis. By distorting market signals and incentives, financial repression persuades losses from inefficiency and rent-seeking that cannot be easily quantified. This paper seeks to investigate the impact of current and capital account liberalization on growth, using recent de jure and de facto measures, covering 26 heavily indebted Sub-Saharan African countries over 2000-2020. The results suggest that capital account liberalization escalates growth, brought distributional efficiency in conformity with the neoclassical growth model.
-
Cette thèse a pour objet d’étudier comment le dispositif institutionnel actuel pour l’adaptation du droit d’auteur dans l’Union européenne peut être reconsidéré afin de promouvoir le niveau de cohérence plus élevé dans les pratiques réglementaires des États membres, ainsi que dans l’intérêt de la promotion d’un corps de règles européennes plus dynamiques en la matière.À l’aide de l’outil normatif de l’analyse institutionnelle comparative, les dispositions institutionnelles actuelles sont examinées, en se concentrant sur la qualité de la participation des parties prenantes du droit d’auteur dans le système politique, le marché et les tribunaux. Des exemples d’institutions administratives du droit d’auteur dans certaines juridictions (États-Unis et Canada) sont analysés plus en détail, en tirant des conclusions sur leurs fonctions et leurs rôles dans leurs systèmes juridiques respectifs. Enfin, cette thèse propose plusieurs solutions politiques, y compris la possibilité d’envisager une nouvelle autorité au niveau de l’Union européenne pour le droit d’auteur. En fin de compte, la remise en question du statu quo institutionnel dans l’Union européenne peut révéler de nouvelles voies prometteuses pour développer les fonctions administratives, quasi judiciaires, d’observation et de conseil nécessaires à la gestion du droit d’auteur à l’ère du numérique.
Explorer
Thématiques
- Droit financier, économique, bancaire (11)
- Arbitrage, médiation, conciliation (9)
- Droit commercial, droit des affaires (9)
- Commerce international (8)
- Droit des investissements (7)
- Droit des sociétés commerciales (4)
- Droit des transports et logistique (4)
- Propriété intellectuelle, industrielle (4)
- Droit communautaire, harmonisation, intégration (3)
- Droit des coopératives (2)
- Droit des sûretés (2)
- Droit du travail & sécurité sociale (2)
- Droit maritime (2)
- Procédures simplifiées de recouvrement & voies d'exécution (2)
- Droit civil (1)
- Droit de la concurrence (1)
- Droit de la conformité et gestion des risques (1)
- Droit de la consommation, distribution (1)
- Droit processuel (1)
- Procédures collectives (1)
Thèses et Mémoires
- Thèses de doctorat (25)
- Mémoires (Master/Maitrise) (10)
Type de ressource
- Article de revue (32)
- Chapitre de livre (2)
- Livre (5)
- Rapport (1)
- Thèse (35)
Année de publication
Langue de la ressource
Ressource en ligne
- oui (75)