escape clauses
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Author(s):  
Prajakta Dhatrak

Within the span of an undergrad, printing reports is vital whether it is in scholarly assignments, investigate or notes. Be that as it may, the current printing offices are imperfect and time devouring. To overcome these issues, we effectively created a proposed framework to progress the productivity of current printing administrations. This work expounds on the plan and improvement of the printing benefit utilizing android and google Firebase. Amid Covid-19 Widespread, Offline Print shops are encountering major plunges in foot activity. However, this doesn't mean closing shops completely and believe that the circumstances will be the conclusion. Vendors are utilizing the online space to get orders, amid the lockdown. There are numerous existing frameworks for this issue, but there are a few escape clauses in each framework, so there's a requirement for a framework that gives the client to put orders from anyplace any time utilizing the portable application with the assistance of cloud computing. Before setting an order, the purchaser must calculate of fairs, envisioned time of transport must be calculated.


2021 ◽  
Author(s):  
J. Rodrigo Fuentes ◽  
Klaus Schmidt-Hebbel ◽  
Raimundo Soto

This paper reviews the design and operation of the Chilean fiscal rule in the past 30 years. Using different empirical approaches, we assess its impact on fiscal procyclicality, public debt, and public investment. While there has been substantial progress in building a modern institutional framework for fiscal policy, we find that the rule is incomplete in two dimensions: it lacks an escape clause, and it needs to supplement the budget balance rule with a debt rule. The former is seen in the pervasive inability of the authorities to steer fiscal accounts back to their long-term sustainable path after the rule was breached the rule in 2009. The latter issue is illustrated by the speedy build-up of the public debt as a result of the need to finance fiscal deficits. We do not find, nevertheless, a negative impact of the rule on public investment. We propose reforms to improve on transparency and accountability, as well as to supplement the rule with escape clauses and a debt anchor.


Author(s):  
Allison Dorothy Fredette

In the antebellum era, border southerners increasingly made use of contractualism in their divorce petitions. Contractualism, or the growing understanding that marriage was not a permanent, sacramental institution but a contractual one with rules, procedures, and escape clauses, allowed more men and women to file for divorce and to use a variety of causes to explain their decision. It was also a dangerous ideal in a society in which so many residents found themselves permanently bound to masters with no legal recourse or escape. Nonetheless, in Kentucky, western Virginia, and Appalachian Virginia, unhappy spouses found an outlet in the local courts and through their use, or manipulation, of legal statutes.


2020 ◽  
Vol 19 (1) ◽  
pp. 123-136
Author(s):  
Daria Boklan ◽  
Amrita Bahri

AbstractFor a multilateral system to be sustainable, it is important to have several escape clauses which can allow countries to protect their national security concerns. However, when these escape windows are too wide or ambiguous, defining their ambit and scope becomes challenging yet crucial to ensure that they are not open to misuse. The recent Panel Ruling in Russia – Measures Concerning Traffic in Transit is the very first attempt by the WTO to clarify the scope and ambit of National Security Exception. In this paper, we argue that the Panel has employed a combination of an objective and a subjective approach to interpret this exception. This hybrid approach to interpret GATT Article XXI (b) provides a systemic balance between the sovereign rights of the members to invoke the security exception and their right to free and open trade. But has this Ruling opened Pandora's box? In this paper, we address this issue by providing an in-depth analysis of the Panel's decision.


Author(s):  
Татьяна Лазарева ◽  
Tatyana Lazaryeva

The article deals with the conflict of laws regulation of compensation for damage caused by a product (works or services) in private international law legislation of different countries. The specificities of legal regulation of such relations are determined by the necessity of supporting the balance of parties’ interests, protection of persons and legal bodies (“weaker party”), damaged by the defects of products (works or services), and stimulation of quality workmanship of producers and sellers of products, works and services. Formulation of special conflict-of-law norms in modern codifying acts in this area of regulation is explained by the specifics of such relations, which are become more multivarious, requiring the differentiated approach. The place of producing the product (execution of work, provision of services) in such relations can be not coincide with the place of ensuing of harmful consequences, caused by a product of defective quality. It is noted that the effect of the basic principle (lex loci delicti) for non-contractual obligations in the field of products liability (works, services) is limited by the establishment of special forms of attachment and escape clauses. On the basis of comparison of the legislation of certain countries, as well as Article 5 “Product liability” of the Regulation (EC) No. 864/2007 of the European Parliament and of the Council of 11 July 2007 on the law applicable to non-contractual obligations (Rome II) tendencies of conflicts regulation in this area are identified, based on the “cascade” system of norms which allows to take into account various cases of causing of harm. It was concluded that, despite some differences, generally there is a trend towards harmonization of regulation of the relations concerned in the legislation of various countries.


Author(s):  
Pierre L. Siklos

Crises come in a variety of forms. A focus on the incidence of financial crises underemphasizes the cross-border element in financial crises. How important is the exchange-rate regime in monetary policy strategies? Is the EMU experience a cautionary tale? The exchange-rate regime matters less than we think because financial globalization has conspired to effectively reduce the scope for an independent monetary policy. The EMU is unlikely to survive in its current form. Politicians seek coordinated solutions in a system that is built on policy cooperation. International coordination is only practical in emergency or crisis conditions. Cooperation is desirable only if common standards or objectives are combined with escape clauses to render them realistic. This is a goal worth pursuing. Exiting from post-GFC is a reminder that the focus on policy spillovers is misplaced. Business cycles are rarely synchronized and there cannot be a one-size fits all monetary policy.


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