infonet-economy

Compulsory voting is sometimes thought to be justified in democracies because it promotes high levels of voting and mitigates inequalities of turnout amongst social groups. Proponents of compulsory voting also argue that it helps to prevent the free-riding of non-voters on voters. This article casts a sceptical eye on both arguments. Democratic citizens do not have a duty to promote...

This paper explores temporal variation in partisan effects on social spending growth in OECD countries over the period 1971–2002. We argue that partisan effects are jointly conditioned by globalization and the mobilizational capacity of organized labour. We present three main empirical findings. First, we show that partisan effects increased from the mid-1970s to the late 1980s and...

Until 2009. the holding and transfer of securities held through banks and other custodians were governed by traditional legal principles applying to movable,tangible property. But operational and commercial trends in the securities and custody business, such as the intermediation and dematerialization of securities, had been challenging these legal foundations for quite some time....

This article addresses the question whether the provision of the 2009 UNIDROIT Convention on Substantive Rules for Intermediated Securities (or Geneva Securities Convention) interfers in the relationship between an issuer and its shareholders or bondholders. The question is central to many questions of corporate law and corporate governance. The article concludes that, except to the...

Inevitably, mobile applications and services on a growing scale assist us in our daily life situations, fulfilling our needs for leisure, entertainment, communication or information. However, user acceptance of a mobile application depends on the application's perceived quality of experience (QoE) and it also includes the criticality of the application to the user's context...