Schulz is unlikely to be a threat to Germany's Merkel

Significance This is the third defeat at the state level since former European Parliament President Martin Schulz became party leader at the beginning of the year, raising questions about his ability to mobilise voters in the general election on September 24. Impacts A flare-up of the migrant crisis could bring the issue to the fore again and increase support for the AfD. In the absence of such a crisis, infighting and a lack of viable proposals on issues other than immigration is likely to limit its appeal. Both Merkel and Schulz would seek to strengthen the French-German axis in EU politics.

2017 ◽  
Vol 6 (3) ◽  
pp. 385-395
Author(s):  
Richard Cebula ◽  
James E. Payne ◽  
Donnie Horner ◽  
Robert Boylan

Purpose The purpose of this paper is to examine the impact of labor market freedom on state-level cost of living differentials in the USA using cross-sectional data for 2016 after allowing for the impacts of economic and quality of life factors. Design/methodology/approach The study uses two-stage least squares estimation controlling for factors contributing to cost of living differences across states. Findings The results reveal that an increase in labor market freedom reduces the overall cost of living. Research limitations/implications The study can be extended using panel data and alternative measures of labor market freedom. Practical implications In general, the finding that less intrusive government and greater labor freedom are associated with a reduced cost of living should not be surprising. This is because less government intrusion and greater labor freedom both inherently allow markets to be more efficient in the rationalization of and interplay with forces of supply and demand. Social implications The findings of this and future related studies could prove very useful to policy makers and entrepreneurs, as well as small business owners and public corporations of all sizes – particularly those considering either location in, relocation to, or expansion into other markets within the USA. Furthermore, the potential benefits of the National Right-to-Work Law currently under consideration in Congress could add cost of living reductions to the debate. Originality/value The authors extend the literature on cost of living differentials by investigating whether higher amounts of state-level labor market freedom act to reduce the states’ cost of living using the most recent annual data available (2016). That labor freedom has a systemic efficiency impact on the state-level cost of living is a significant finding. In our opinion, it is likely that labor market freedom is increasing the efficiency of labor market transactions in the production and distribution of goods and services, and acts to reduce the cost of living in states. In addition, unlike previous related studies, the authors investigate the impact of not only overall labor market freedom on the state-level cost of living, but also how the three sub-indices of labor market freedom, as identified and measured by Stansel et al. (2014, 2015), impact the cost of living state by state.


2020 ◽  
Vol 13 (2) ◽  
pp. 143-158
Author(s):  
Rachel Kappler ◽  
Arduizur Carli Richie-Zavaleta

Purpose Human trafficking (HT) is a local, national and international problem with a range of human rights, public health and policy implications. Victims of HT face atrocious abuses that negatively impact their health outcomes. When a state lacks protective laws, such as Safe Harbor laws, victims of HT tend to be seen as criminals. This paper aims to highlight the legal present gaps within Missouri’s anti-trafficking legislation and delineates recommendations for the legal protection of victims of HT and betterment of services needed for their reintegration and healing. Design/methodology/approach This case-study is based on a policy analysis of current Missouri’s HT laws. This analysis was conducted through examining current rankings systems created by nationally and internationally recognized non-governmental organizations as well as governmental reports. Additionally, other state’s best practice and law passage of Safe Harbor legislations were examined. The recommendations were based on human rights and public health frameworks. Findings Missouri is a state that has yet to upgrade its laws lately to reflect Safe Harbor laws. Constant upgrades and evaluations of current efforts are necessary to protect and address HT at the state and local levels. Public health and human rights principles can assist in the upgrading of current laws as well as other states’ best-practice and integration of protective legislation and diversion programs to both youth and adult victims of HT. Research limitations/implications Laws are continually being updated at the state level; therefore, there might be some upgrades that have taken place after the analysis of this case study was conducted. Also, the findings and recommendations of this case study are limited to countries that are similar to the USA in terms of the state-level autonomy to pass laws independently from federal law. Practical implications If Safe Harbor laws are well designed, they have greater potential to protect, support and assist victims of HT in their process from victimization into survivorship as well as to paving the way for societal reintegration. The creation and enforcement of Safe Harbor laws is a way to ensure the decriminalization process. Additionally, this legal protection also ensures that the universal human rights of victims are protected. Consequently, these legal processes and updates could assist in creating healthier communities in the long run in the USA and around the world. Social implications From a public health and human rights perspectives, communities in the USA and around the world cannot provide complete protection to victims of HT until their anti-trafficking laws reflect Safe Harbor laws. Originality/value This case study, to the best of the authors’ knowledge, is a unique analysis that dismantles the discrepancies of Missouri’s current HT laws. This work is valuable to those who create policies at the state level and advocate for the protection of victims and anti-trafficking efforts.


2019 ◽  
Vol 26 (4) ◽  
pp. 1065-1077
Author(s):  
Serkan Karadas ◽  
William McAndrew ◽  
Minh Tam Tammy Schlosky

Purpose The purpose of this study is to investigate the effect of corruption on stock returns in the USA. In particular, this study examines the relationship between corruption in a state (i.e. local corruption) and stock returns of firms headquartered in that state (i.e. local returns). Design/methodology/approach This paper uses the Fama–MacBeth two-step regressions. In the first step, the authors estimate the coefficients on the market, size, value and momentum factors for individual stocks. In the second step, they use those coefficients along with the corruption score of the state where stocks are headquartered to explain stock returns. Findings This paper finds that corruption in a state adversely affects stock returns of firms headquartered in that state. It further documents that the effect of corruption on stock returns is limited to geographically concentrated firms. Originality/value To the best of the authors’ knowledge, this paper is the first to document the effect of state-level corruption on individual stock returns in the USA using the Fama–MacBeth regressions. This study contributes to the literature by documenting the effect of local corruption on local stock returns in a low corruption country.


Subject Fresh election scenarios. Significance Opinion polls suggest that no single party will win an overall majority in the House of Commons on May 7. They also imply that the Scottish National Party (SNP) will do extremely well, substantially increasing its representation from its current six seats to around 25-45 seats. Furthermore, polls also indicate that the third party in terms of current parliamentary representation -- the Liberal Democrats, junior partners in the governing coalition -- may struggle to retain that status and could fall as low as 15-25 seats. If that occurred, the formation of a new coalition arrangement led either by the Conservatives or Labour would be much more complicated than in May 2010, when the election ended without an overall majority. This has led to speculation that another general election could follow relatively swiftly after May -- even within this calendar year. Impacts The May 2015 election may well not produce a result that can last for a five-year term. The Fixed Term Parliament Act 2011 makes the swift dissolution of parliament for a fresh election more challenging. Still, there is a scenario in which another contest could occur in 2015. However, a fresh election in 2016-17 is more likely than one held a few months later.


Significance Intensified political disputes between the main parties are holding up the state budget for 2020, including funding for local elections in November. They also threaten to weaken the response to the looming socio-economic crisis from the COVID-19 pandemic. Impacts The US entry ban on former senior SDA member Amir Zukic is seen as an attempt to persuade the party to behave more responsibly. The EU is in a contest with China, Russia and Turkey to retain influence in the region. Pre-election positioning may explain the defection of Fahrudin Radoncic’s Union for a Better Future party from the state-level government.


Subject Situation regarding Myanmar's ethnic armed organisations. Significance The government and military in Myanmar and leaders of ten ethnically based guerrilla groups that have signed the Nationwide Ceasefire Agreement (NCA) last week pledged to step up their commitment to the peace process, to transform the NCA into a lasting settlement. Several other armed groups are still in conflict with the state, notwithstanding occasional ceasefires. State Counsellor Aung San Suu Kyi’s National League for Democracy (NLD) will very likely retain control over the civilian part of government following this year’s general election, but ethnic parties will probably make parliamentary gains at its expense. Impacts Suu Kyi is very unlikely to face pressure to step down even if the NLD’s parliamentary majority is heavily reduced. Even with increased seat share in parliament, ethnic parties will struggle to influence policy. China and India will double down on their support for the Myanmar military.


2018 ◽  
Vol 18 (1) ◽  
pp. 31-49 ◽  
Author(s):  
Ian Y. Blount ◽  
Jay Seetharaman ◽  
Trevor L. Brown

Purpose The purpose of this study is to examine the impact of program strategy on the implementation of the efficacy of a procurement set-aside program at the state level. Design/methodology/approach This study examines the impact of program implementation strategy across two administrations considering the most compelling alternative arguments for what drives agency purchasing through contracts with MBEs. Findings The results of mixed effects linear regression models on the procurement expenditures of 70 state agencies in Ohio from 2008-2015 show significantly higher rates of procurement expenditures with MBEs under the Kasich administration. Originality/value These results provide support for the argument that changes in program implementation strategy led to substantive increases in the use of MBEs by state agencies in Ohio.


Significance The main opposition party, the United Party for National Development (UPND), immediately rejected the official victory declaration, counting irregularities. No evidence was offered to support this allegation, but counting delays, the result's closeness and claims that a parallel vote count has Lungu losing could undermine the government's legitimacy. Impacts The expectation that the 2017 general election is likely to be close will encourage the PF to raise government spending. Slumping copper prices cutting government revenues could necessitate further borrowing -- contravening IMF recommendations. Public sector unions are likely to use the post-election period to demand an end to the state wage freeze in place for 2014-15.


Subject The proposed Bosnian Serb referendum on the state-level judiciary. Significance The Serb-dominated entity of Republika Srpska (RS) is proposing a referendum challenging the authority of the Bosnia-Hercegovina (BiH) judiciary and Bosnia's weakened international supervisor, the high representative. The initiative comes amid already heightened tensions relating to the 20th anniversary of the Srebrenica massacre. Such a referendum would challenge Bosnia's territorial and constitutional sovereignty. Impacts A strongly worded US embassy statement on the referendum has warned of possible legal actions against the RS leadership. The EU reaction has been softer, reflecting diverging US-EU views of the seriousness of the problem and how to resolve it. Failing agreement on a reform programme with the IMF, Bosnia's two entities must turn to private lenders to finance budget deficits.


Significance Malaysia’s next general election is due by August 2018 but could come before May. The vice-president of the opposition Islamist party Amanah has accused the government of politicising the flooding, which has seen seven die and 9,000 people evacuated (Hamidi denied this criticism). With the election cycle gaining momentum, religious controversies are likely to play an important role. Impacts The announcement of an election pact between the BN and PAS could signal the general election’s imminence. Heightened religious rhetoric in politics could see business pressure on alcoholic drinks and casino providers in Malaysia. Malaysian Islamist groups will avoid Islamic State (IS) connections, instead being influenced by local politics. The Penang floods’ political fallout could weaken the opposition Pakatan Harapan coalition which runs the state.


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