Contracting out Rules for Family Income Sharing Arrangements: Providing Certainty and Protecting the Vulnerable

2021 ◽  
Vol 52 (1) ◽  
pp. 89-112
Author(s):  
Peter Kelly
Keyword(s):  
Family Income ◽  
Labour Force ◽  
Policy Goal ◽  
Policy Regime ◽  
Contracting Out ◽  
Economic Disparity ◽  
Policy Challenge ◽  
Income Sharing ◽  
Law Commission

Despite equal division of assets at the end of a relationship, residual economic disparity often remains. This is especially common when one partner has left the workforce to care for children. Addressing such divergent economic prospects at the end of long-term relationships has been a perennial policy challenge. In 2019, the Law Commission completed its review of the Property (Relationships) Act 1976 (PRA). The Commission recommended replacing the current economic disparity compensation and maintenance regimes with an income pooling mechanism: Family Income Sharing Arrangements (FISAs). It also recommended that couples be able to contract out of FISAs. This article explores the rationale for changing the current regime and the conceptual underpinnings of the proposed FISA regime, using human capital as a framework. The article proposes a detailed policy regime for FISA contracting out. The proposed rules consider the needs of couples with children, where a partner has left the labour force, or where lived reality has not met the couple's ex ante expectations. The resulting rules meet the policy goal of allowing couples to contract out of FISAs, but only where their contract causes no hardship. Additional disclosure is also recommended for contracting out of the other provisions of the PRA, with greater deference recommended for such private arrangements as a result.

The influence of inflation targeting on the pass-through effect of the exchange rate

2018 ◽  
pp. 70-84
Author(s):  
Ph. S. Kartaev ◽  
Yu. I. Yakimova
Keyword(s):  
Developing Countries ◽  
Monetary Policy ◽  
Exchange Rate ◽  
Inflation Targeting ◽  
Policy Regime ◽  
Short And Long Term ◽  
The Exchange Rate ◽  
Pass Through ◽  
The Impact

The paper studies the impact of the transition to the inflation targeting regime on the magnitude of the pass-through effect of the exchange rate to prices. We analyze cross-country panel data on developed and developing countries. It is shown that the transition to this regime of monetary policy contributes to a significant reduction in both the short- and long-term pass-through effects. This decline is stronger in developing countries. We identify the main channels that ensure the influence of the monetary policy regime on the pass-through effect, and examine their performance. In addition, we analyze the data of time series for Russia. It was concluded that even there the transition to inflation targeting led to a decrease in the dependence of the level of inflation on fluctuations in the ruble exchange rate.

Enhancement of Rural Income and Nutrition by Cultivating Pigeonpea Hybrids

2020 ◽  
Vol 7 (04) ◽  
Author(s):  
K B SAXENA ◽  
A K CHOUDHARY ◽  
RAFAT K SULTANA
Keyword(s):  
Cajanus Cajan ◽  
Family Income ◽  
National Level ◽  
Hybrid Breeding ◽  
High Food ◽  
Rural Income ◽  
Breeding Technology ◽  
On Farm ◽  
Food Value

Pigeonpea [Cajanus cajan (L.) Millsp.] is a favourite crop of rain-fed farmers due to its high food value, drought tolerance and various soil improving properties. The productivity enhancement of this crop has been a long-term goal at the national level but with a little success. In this context, the advent of hybrid breeding technology with over 30% on-farm yield advantages has provided a much-needed breakthrough. The hybrids in pigeonpea were bred using a stable CMS system and natural out-crossing. It is believed that the adoption of locally adapted hybrids would contribute significantly towards both family income and nutrition.

When do Subnational Policy Challenges Succeed?

2017 ◽  
Author(s):  
Kent Eaton
Keyword(s):  
Data Collection ◽  
National Policy ◽  
Institutional Capacity ◽  
Policy Regime ◽  
Policy Regimes ◽  
The Third ◽  
Policy Challenge ◽  
Collection Methods ◽  
Structural Significance

This chapter elaborates the book’s theoretical framework by focusing on the three critical variables—structural, institutional, and coalitional—that help explain the outcome of the two types of subnational policy challenges conceptualized in Chapter 1. It argues that a subnational jurisdiction’s structural significance is critical for the ability to influence the national policy regime (the second type of policy challenge), while its institutional capacity is essential for the defense of ideologically deviant subnational policy regimes (the first type of policy challenge). The third variable, internal and external coalitional strength, matters for both types of challenges. After situating these hypotheses relative to a variety of political science literatures, the chapter then introduces the Bolivian, Ecuadorian, and Peruvian cases by focusing on the similarities that make these countries a productive site for small-N comparison. The chapter also scores each country on the dependent variable and describes the book’s data-collection methods.

scholarly journals Migrant Labour during the Pandemic: A Political Economy Perspective

2021 ◽  
pp. 001946622110212
Author(s):  
Deepak K. Mishra
Keyword(s):  
Political Economy ◽  
Migrant Workers ◽  
Labour Force ◽  
Current Crisis ◽  
Capitalist Development ◽  
Working Classes ◽  
Migrant Labour ◽  
Cheap Labour ◽  
The One

This article aims to analyse the plight of the migrant workers in India during the Covid 19 pandemic from a political economy perspective. While taking note of the disruptions and uncertainties during the drastic lockdown that was announced suddenly, it is argued that the vulnerabilities of the migrant labour force are deeply embedded in the long-term changes in the political economy of development in India. These changes, on the one hand, have resulted in the gradual weakening of state support to the working classes, and on the other, have resulted in the normalisation of ‘cheap labour’ as a legitimate objective of neoliberal capitalist development. Locating the conditions of the migrant working class on the specificities of the manifold restructuring of the Indian economy under neoliberal globalisation, the study attempts to emphasise the structural dimensions of the current crisis faced by the migrant labourers. JEL Codes: J46, J61, O15, O17, P16

scholarly journals Corruption, Taxation and the Impact on the Shadow Economy

Economies ◽  
2021 ◽  
Vol 9 (1) ◽  
pp. 18 ◽  
Author(s):  
Daniel Němec ◽  
Eva Kotlánová ◽  
Igor Kotlán ◽  
Zuzana Machová
Keyword(s):  
Tax Evasion ◽  
Capital Accumulation ◽  
Shadow Economy ◽  
Labour Force ◽  
Destructive Effect ◽  
Eu Member States ◽  
Initial Assumption ◽  
The Individual ◽  
The Impact

While assessing the economic impacts of corruption, the corruption-related transmission channels which influence taxation as such have to be duly considered. Taking the example of the Czech Republic, this article aims to evaluate the impacts corruption has on the size of the shadow economy as well as on the individual sources of long-term economic growth, making use of a transmission channel through which corruption affects the tax burden components. Using the method of an extended DSGE model, it confirms the initial assumption that an increase in perceived corruption supports the shadow economy’s growth, but at the same time, it demonstrates that corruption and especially its perception has a significantly different effect on two key areas—the capital accumulation and the labour force size. It further identifies another sector of the economy representing taxes which are prone to tax evasion while asserting that corruption has a much more destructive effect on this sector of the economy, offering generalized implications for other post-communist EU member states in a similar situation.

scholarly journals When Scarcity Meets Disparity: “Resources Allocation and COVID-19 Patients with Diabetes”

2021 ◽  
pp. 193229682199111
Author(s):  
Jacob M. Appel
Keyword(s):  
Risk Factors ◽  
Resource Allocation ◽  
Life Expectancy ◽  
Ethical Challenge ◽  
Severe Illness ◽  
Resources Allocation ◽  
Economic Disparity ◽  
Patients With Diabetes ◽  
Current Stage

The COVID-19 pandemic raised distinct challenges in the field of scarce resource allocation, a long-standing area of inquiry in the field of bioethics. Policymakers and states developed crisis guidelines for ventilator triage that incorporated such factors as immediate prognosis, long-term life expectancy, and current stage of life. Often these depend upon existing risk factors for severe illness, including diabetes. However, these algorithms generally failed to account for the underlying structural biases, including systematic racism and economic disparity, that rendered some patients more vulnerable to these conditions. This paper discusses this unique ethical challenge in resource allocation through the lens of care for patients with severe COVID-19 and diabetes.

The Fifty-Sixth Session of the International Law Commission

2005 ◽  
Vol 99 (1) ◽  
pp. 211-221 ◽  
Author(s):  
Michael J. Matheson
Keyword(s):  
International Law ◽  
International Organizations ◽  
Armed Conflict ◽  
Diplomatic Protection ◽  
Sixth Session ◽  
International Liability ◽  
International Law Commission ◽  
Fragmentation Of International Law ◽  
Law Commission

The International Law Commission held its fifty-sixdi session in Geneva from May 3 to June 4, and from July 5 to August 6, 2004, under the chairmanship of Teodor Melescanu of Romania. The Commission completed its first reading of draft principles on international liability for transboundary harm and draft articles on diplomatic protection, which have now been submitted for comment by states with a view to their completion in 2006. The Commission also continued its work on reservations to treaties, responsibility of international organizations, unilateral acts of states, fragmentation of international law, and shared natural resources. In addition, the Commission decided to start work next year on the effect of armed conflict on treaties and the expulsion of aliens, and to recommend adding a new topic—the obligation to prosecute or extradite—to its long-term program. The following is a summary of where each topic stands and what issues are likely to be most prominent at the Commission's 2005 session.

The International Law Commission Tomorrow: Improving its Organization and Methods of Work

1991 ◽  
Vol 85 (4) ◽  
pp. 595-612 ◽  
Author(s):  
B. Graefrath
Keyword(s):  
International Relations ◽  
International Law ◽  
Term Effect ◽  
Law Of The Sea ◽  
Long Term Effect ◽  
The Law ◽  
International Law Commission ◽  
Law Commission

The history, operation and tasks of the International Law Commission (ILC) have often been described and its success in codifying general international law is well-known and widely acknowledged. The conduct of international relations today is unthinkable without such basic instruments, first drafted by the Commission, as the conventions on diplomatic and consular relations, the law of treaties and the law of the sea. Moreover, other ILC drafts that have not been adopted as treaties have had a long-term effect on the development of international law; for example, the Draft Declaration on the Rights and Duties of States, the Principles of International Law Recognized in the Charter of the Nürnberg Tribunal and in the Judgment of the Tribunal, and the Model Rules on Arbitral Procedure.

Landscaping the Agritech Ecosystem for Smallholder Farmers in Latin America and the Caribbean

2021 ◽  
Author(s):  
Panos Loukos ◽  
Leslie Arathoon
Keyword(s):  
Latin America ◽  
Rural Areas ◽  
Smallholder Farmers ◽  
Labour Force ◽  
Agriculture Sector ◽  
Digital Interventions ◽  
The Caribbean ◽  
Digital Agriculture ◽  
Digital Disruption

Agriculture is an important source of employment in Latin America and the Caribbean. In rural areas, some 54.6 per cent of the labour force is engaged in agricultural production. Although much of the region shares the same language and cultural heritage, the structure and scale of the agriculture sector varies significantly from country to country. Based on the review of 131 digital agriculture tools, this report, prepared by GSMA and IDB Lab, provides a market mapping and landscape analysis of the most prominent cases of digital disruption. It highlights some of the major trends observed in five digital agriculture use cases, identifies opportunities for digital interventions and concludes with recommendations for future engagement that could deliver long-term, sustainable economic and social benefits for smallholder farmers.

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