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Performing central bank independence: The Bank of England's communicative financial stability strategy 执行中央银行独立性:英格兰银行的沟通金融稳定战略
IF 3 2区 社会学 Q1 LAW Pub Date : 2023-11-28 DOI: 10.1111/rego.12564
Andrew Baker, Andrew Hindmoor, Sean McDaniel
Central bank independence (CBI) has been one of the most significant regulatory state developments of the last three decades. Following the 2008 financial crisis, many central bank mandates were extended to include a responsibility for financial stability. Some commentators claim this jeopardizes CBI by drawing central banks into contested political issues that can impact financial stability, in what we term an independence in decline thesis. Through a detailed study of the Bank of England's financial stability communications employing the Comparative Agendas Project (CAP) codebook, we subject this independence in decline thesis to scrutiny. We show that since the extension of the Bank's mandate in 2011, Bank officials have discussed a wider range of more contentious policy issues. However, these communications appear to date to have largely reinforced the Bank's reputation for technical competence and political neutrality. In this sense, central bank “communicative agency” can be deployed to protect CBI performatively, while CBI can in turn be studied and understood as an ongoing communicative performance act. We find that repoliticization is a more contingent process than much central banking literature has allowed for, while financial stability communications are a potentially powerful regulatory instrument deserving of more scholarly attention.
中央银行独立性(CBI)是过去三十年来最重要的国家监管发展之一。2008年金融危机之后,许多央行的职责被扩大,包括了维护金融稳定的责任。一些评论人士声称,这种做法将央行卷入可能影响金融稳定的有争议的政治问题,从而危及CBI,我们称之为“独立性下降论”。通过使用比较议程项目(CAP)代码本对英格兰银行的金融稳定沟通进行详细研究,我们对这种独立性下降的论点进行了审查。报告显示,自2011年世行任期延长以来,世行官员讨论了范围更广、更具争议性的政策问题。然而,迄今为止,这些通讯似乎在很大程度上加强了世界银行在技术能力和政治中立方面的声誉。从这个意义上说,中央银行的“沟通机构”可以被部署到对CBI的行为保护中,而CBI则可以被研究和理解为一种持续的沟通行为。我们发现,再政治化是一个比许多央行文献所允许的更具偶然性的过程,而金融稳定沟通是一种潜在的强大监管工具,值得更多的学术关注。
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引用次数: 0
Mitigating microtargeting: Political microtargeting law in Australia and New Zealand 减轻微目标:澳大利亚和新西兰的政治微目标法律
IF 3 2区 社会学 Q1 LAW Pub Date : 2023-11-22 DOI: 10.1111/rego.12566
Melissa-Ellen Dowling
To the detriment of liberal democracy, governments have struggled to prevent the exploitation of personal data for voter manipulation in the digital era. Laws pertaining to political microtargeting are often piecemeal and tend to derive from a combination of laws on electoral advertising and privacy. Evidence indicates that this approach is insufficient to curtail microtargeting. However, little is known about the regulation of microtargeting outside of the European and US contexts within which the bulk of anti-microtargeting research has been undertaken. Accordingly, this paper aims to shed light on the preparedness of the law in Australia and New Zealand to mitigate the potential harms of political microtargeting. A comparative analysis of legislation pertaining to microtargeting is therefore undertaken using a blended approach of comparative law and content analysis. This paper: (1) identifies current legislation relevant to microtargeting in Australia and New Zealand; (2) assesses patterns of similarity and difference between each country's laws in relation to microtargeting; and (3) evaluates the preparedness of current legislation to curtail microtargeting in an evolving social media landscape. It finds that in both countries, legislation is sufficiently robust to mitigate microtargeting in some limited circumstances, but a cohesive regulatory approach is needed to constrain the most insidious microtargeting operations.
在数字时代,各国政府一直在努力防止利用个人数据操纵选民,这不利于自由民主。有关政治微目标的法律往往是零敲碎打的,往往源于有关选举广告和隐私的法律。有证据表明,这种方法不足以遏制微靶向。然而,在欧洲和美国以外的地区,人们对微靶向的监管知之甚少,而在这些地区,已经进行了大量的反微靶向研究。因此,本文旨在揭示澳大利亚和新西兰的法律准备,以减轻政治微目标的潜在危害。因此,采用比较法和内容分析的混合方法,对有关微目标的立法进行比较分析。本文:(1)确定了澳大利亚和新西兰目前与微目标相关的立法;(2)评估每个国家与微目标相关的法律之间的相似和差异模式;(3)评估了当前立法在不断发展的社交媒体环境中减少微定位的准备情况。报告发现,这两个国家的立法都足够健全,可以在某些有限的情况下减轻微目标,但需要一个有凝聚力的监管方法来限制最阴险的微目标操作。
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引用次数: 0
Global contagion risk and IMF credit cycles: Emergency exits and revolving doors 全球传染风险与IMF信贷周期:紧急出口和旋转门
2区 社会学 Q1 LAW Pub Date : 2023-11-14 DOI: 10.1111/rego.12562
Stephen B. Kaplan, Sujeong Shim
Abstract Why does the International Monetary Fund (IMF) exit its lending relationships before member states have resolved their financial crises? It is particularly surprising given that the IMF often resumes its lending shortly after its withdrawal. We argue that IMF withdrawals are conditioned by global contagion risk. The tension between the IMF's mandate of global financial stability and its limited financial resources compels the IMF's early exit from its lending relationships. During periods of high global contagion, the IMF prioritizes its mandate by continuing its lending despite noncompliance. However, when the IMF perceives minimal contagion risk, it focuses on moral hazard, and willingly cuts its lending ties to preserve its reputation and resources for future crises. Employing a comparative analysis of IMF decision‐making in two of its largest borrowers, Argentina and Greece, we find supportive evidence for our claims.
为什么国际货币基金组织(IMF)在成员国解决其金融危机之前退出其贷款关系?考虑到IMF经常在退出后不久就恢复贷款,这一点尤其令人惊讶。我们认为,从IMF撤资取决于全球传染风险。国际货币基金组织维持全球金融稳定的使命与其有限的财政资源之间的紧张关系,迫使该组织提前退出其贷款关系。在全球危机高度蔓延的时期,IMF优先考虑自己的职责,在不遵守规定的情况下继续放贷。然而,当国际货币基金组织认为传染风险最小时,它会关注道德风险,并愿意切断贷款联系,以维护其声誉和资源,以应对未来的危机。通过对IMF在阿根廷和希腊这两个最大借款国的决策进行比较分析,我们找到了支持我们观点的证据。
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引用次数: 0
Distributive politics and electoral advantage in the 2022 Australian election 2022年澳大利亚大选中的分配政治和选举优势
IF 3 2区 社会学 Q1 LAW Pub Date : 2023-11-02 DOI: 10.1111/rego.12561
Ian McAllister, Nicholas Biddle
Distributive politics—or pork barreling—is prevalent across many political systems. It aims to influence the vote by directing discretionary spending to constituencies and/or groups of voters that are important for their re-election. We term this the objective dimension to pork barreling. However, we argue that for pork barreling to deliver rewards, voters must also be aware that they are gaining a special benefit from government—the subjective dimension. Using a unique Australian dataset that matches spending on electoral areas with a large scale national survey that asked voters if their area had received special benefits, we clarify the mechanisms behind pork barreling. Our results show that about one in five voters believed that their electorate had received additional benefits. Objectively, spending was disproportionately directed to government-held seats. Despite this largesse, we find that pork barreling had little or no effect on the vote in the 2022 Australian election.
分配政治——或称“猪肉桶”——在许多政治体系中普遍存在。它的目的是通过将可自由支配的开支用于对其连任很重要的选区和/或选民群体,从而影响投票。我们把这称为“猪肉桶”的客观维度。然而,我们认为,为了让“猪肉桶”带来回报,选民也必须意识到,他们正在从政府那里获得特殊利益——主观层面。我们使用一个独特的澳大利亚数据集,将选区的支出与一项大规模的全国调查相匹配,该调查询问选民他们的地区是否获得了特殊福利,我们阐明了猪肉桶背后的机制。我们的调查结果显示,大约五分之一的选民认为他们的选民获得了额外的好处。客观地说,支出不成比例地流向了政府控制的席位。尽管如此,我们发现,在2022年澳大利亚大选中,猪肉桶对投票几乎没有影响。
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引用次数: 0
Affidavit aversion: Public preferences for trust-based policy instruments 厌恶宣誓书:公众对基于信任的政策工具的偏好
IF 3 2区 社会学 Q1 LAW Pub Date : 2023-10-30 DOI: 10.1111/rego.12560
Rinat Hilo-Merkovich, Eyal Peer, Yuval Feldman
Regulators who aim to reduce administrative burdens often promote trust-based policy instruments, such as legal affidavits or honesty pledges, as substitutes to traditional bureaucratic procedures. However, little is known on how the general public view such instruments, and whether people would actually comply with them, and under what circumstances. Using a series of experimental vignettes, we examine public preferences toward these instruments under different conditions and contexts. We find that overall, people exhibit an aversion to using affidavits, even when they are inexpensive and can save a considerable amount of time compared to the traditional bureaucratic procedure. In contrast, honesty pledges are largely preferred over both the standard procedure and signing an affidavit. We discuss factors influencing the public choice of trust-based instruments and offer recommendations to help policymakers promote public compliance using behaviorally informed policy instruments.
旨在减轻行政负担的监管机构往往提倡以信任为基础的政策工具,如法律宣誓书或诚实承诺,作为传统官僚程序的替代品。然而,对于公众如何看待这些文书,以及人们是否会真正遵守这些文书,以及在什么情况下遵守这些文书,人们知之甚少。使用一系列的实验小插曲,我们检查了公众对这些工具在不同条件和背景下的偏好。我们发现,总的来说,人们对使用宣誓书表现出厌恶,即使它们不贵,而且与传统的官僚程序相比,可以节省大量的时间。相比之下,诚实承诺在很大程度上比标准程序和签署宣誓书更受欢迎。我们讨论了影响公众选择基于信任的工具的因素,并提供建议,以帮助政策制定者使用行为知情的政策工具促进公众遵守。
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引用次数: 0
A resource-based perspective on the regulatory welfare state: Social security in the United Kingdom 管制福利国家的资源基础视角:英国的社会保障
IF 3 2区 社会学 Q1 LAW Pub Date : 2023-10-29 DOI: 10.1111/rego.12559
David P. Horton, Gary Lynch-Wood
The article provides a resource-based perspective on the polymorphic regulatory welfare state. It shows regulatory and fiscal tools applied in the UK social security sector place demands on claimants' resources (i.e., possessions, labor and data) and simultaneously alter behavior in relation to these resources. The analysis exposes an operation that generates new and increasing resource pressures for claimants, providing a deeper conceptualization of a regulatory welfare state. It offers a new perspective on why regulatory and fiscal arrangements perpetuate existing inequalities and suggests an increase in welfare problems as the regulatory welfare state intensifies resource pressures.
本文提供了一个基于资源的视角来研究多态调控福利国家。它表明,英国社会保障部门应用的监管和财政工具对索赔人的资源(即财产、劳动力和数据)提出了要求,同时改变了与这些资源相关的行为。该分析揭示了一种为索赔人带来新的和不断增加的资源压力的操作,为监管福利国家提供了更深层次的概念化。它提供了一个新的视角,解释为什么监管和财政安排会使现有的不平等永久化,并提出,随着监管福利国家加剧资源压力,福利问题会增加。
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引用次数: 0
The governance of policy integration and policy coordination through joined‐up government: How subnational levels counteract siloism and fragmentation within Swedish migration policy 通过联合政府进行政策整合和政策协调的治理:次国家层面如何抵消瑞典移民政策中的孤岛主义和碎片化
2区 社会学 Q1 LAW Pub Date : 2023-10-15 DOI: 10.1111/rego.12558
Gustav Lidén, Jon Nyhlén
Abstract Modern welfare states struggle with fragmented policies and siloed governments, as well as with the need to deal with wicked problems. We argue that addressing such problems from the perspective of central government can be facilitated by notions of joined‐up government that, combined with vertical aspects of modern governance, provide a basis for analysis. To embark upon such challenges, we examine policy integration and policy coordination within the complex area of Swedish migration policies in light of the European migrant crisis. Through a content analysis of an extensive qualitative material (interviews and documents), we show that policy integration is weakly associated with joint objectives and decision‐making. As a contribution to prior knowledge in the field, we emphasize the unintuitive finding that counteracting siloism and fragmentation in Swedish migration policy is not achieved through coherent governance ranging across tiers, functions, and sectors but mainly at subnational levels through policy coordination relying on a bottom‐up approach.
现代福利国家与支离破碎的政策和孤立的政府作斗争,同时也需要处理棘手的问题。我们认为,联合政府的概念与现代治理的纵向方面相结合,可以促进从中央政府的角度解决这些问题,为分析提供基础。为了迎接这些挑战,我们在欧洲移民危机的背景下,研究了瑞典移民政策复杂领域内的政策整合和政策协调。通过对大量定性材料(访谈和文件)的内容分析,我们表明政策整合与共同目标和决策的关联很弱。作为对该领域先验知识的贡献,我们强调了一个非直觉的发现,即瑞典移民政策中的孤岛主义和碎片化并不是通过跨层级、职能和部门的连贯治理来实现的,而是主要通过依赖于自下而上方法的政策协调在次国家层面实现的。
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引用次数: 0
The European administrative space over time mapping the formal independence of EU agencies 欧洲行政空间随时间的变化映射出欧盟机构的正式独立性
IF 3 2区 社会学 Q1 LAW Pub Date : 2023-10-06 DOI: 10.1111/rego.12556
Eva Ruffing, Martin Weinrich, Berthold Rittberger, Arndt Wonka
Throughout the past decades, the EU's agency landscape has continuously expanded in size and scope. In this article, we address the lack of longitudinal data on EU agencies' formal independence. We introduce a newly revised index to measure the formal independence of EU agencies from other EU institutions over time. Applying a rules-as-data approach we coded 206 regulations and amendments to develop a new dataset covering the formal independence of all 39 EU agencies from 1975 to 2022. This longitudinal overview provides first insights about the development of formal independence at the case and population levels. At the case level we identify frequent, albeit gradual reforms of EU agencies' independence. At the population level, we observe remarkable stability in overall independence, but find stark variation across different independence dimensions. Overall, EU-level principals have shifted over time from controlling individual decisions to controlling the agencies' general decision-making apparatus.
在过去的几十年里,欧盟的机构格局在规模和范围上不断扩大。在这篇文章中,我们解决缺乏纵向数据的欧盟机构的正式独立性。我们引入了一个新修订的指数来衡量欧盟机构相对于其他欧盟机构的正式独立性。采用规则即数据的方法,我们对206项法规和修正案进行了编码,开发了一个新的数据集,涵盖了所有39个欧盟机构从1975年到2022年的正式独立性。这一纵向概述提供了关于在病例和人口水平上正式独立性发展的第一个见解。在个案层面,我们发现欧盟机构的独立性改革频繁,尽管是渐进的。在人口水平上,我们观察到总体独立性的显著稳定性,但在不同的独立性维度上发现了明显的差异。总体而言,随着时间的推移,欧盟层面的负责人已经从控制个别决策转向控制各机构的总体决策机构。
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引用次数: 0
Extracting and classifying exceptional COVID-19 measures from multilingual legal texts: The merits and limitations of automated approaches 从多语言法律文本中提取和分类特殊的COVID-19措施:自动化方法的优点和局限性
IF 3 2区 社会学 Q1 LAW Pub Date : 2023-10-02 DOI: 10.1111/rego.12557
Clara Egger, Tommaso Caselli, Georgios Tziafas, Eugénie de Saint Phalle, Wietse de Vries
This paper contributes to ongoing scholarly debates on the merits and limitations of computational legal text analysis by reflecting on the results of a research project documenting exceptional COVID-19 management measures in Europe. The variety of exceptional measures adopted in countries characterized by different legal systems and natural languages, as well as the rapid evolution of such measures, pose considerable challenges to manual textual analysis methods traditionally used in the social sciences. To address these challenges, we develop a supervised classifier to support the manual coding of exceptional policies by a multinational team of human coders. After presenting the results of various natural language processing (NLP) experiments, we show that human-in-the-loop approaches to computational text analysis outperform unsupervised approaches in accurately extracting policy events from legal texts. We draw lessons from our experience to ensure the successful integration of NLP methods into social science research agendas.
本文通过反思一个记录欧洲特殊COVID-19管理措施的研究项目的结果,为正在进行的关于计算法律文本分析的优点和局限性的学术辩论做出贡献。以不同法律制度和自然语言为特征的国家所采取的各种特殊措施,以及这些措施的迅速演变,对传统上用于社会科学的手工文本分析方法构成了相当大的挑战。为了应对这些挑战,我们开发了一个有监督的分类器,以支持由人类编码员组成的跨国团队对异常策略进行手动编码。在展示了各种自然语言处理(NLP)实验的结果之后,我们表明,在从法律文本中准确提取政策事件方面,人类在循环中的计算文本分析方法优于无监督方法。我们从我们的经验中吸取教训,以确保将NLP方法成功地整合到社会科学研究议程中。
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引用次数: 0
Realizing a blockchain solution without blockchain? Blockchain, solutionism, and trust 实现没有区块链的区块链解决方案?区块链、解决方案主义和信任
2区 社会学 Q1 LAW Pub Date : 2023-09-15 DOI: 10.1111/rego.12553
Gert Meyers, Esther Keymolen
Abstract Blockchain is employed as a technology holding a solutionist promise, while at the same time, it is hard for the promissory blockchain applications to become realized. Not only is the blockchain protocol itself not foolproof, but when we move from “blockchain in general” to “blockchain in particular,” we see that new governance structures and ways of collaborating need to be developed to make blockchain applications work /become real . The qualities ascribed to (blockchain) technology in abstracto are not to be taken for granted in blockchain applications in concreto . The problem of trust, therefore, does not become redundant simply through the employment of “trustless” blockchain technology. Rather, on different levels, new trust relations have to be constituted. In this article, we argue that blockchain is a productive force, even if it does not solve the problem of trust, and sometimes regardless of blockchain technology not implemented after all. The values that underpin this seemingly “trustless technology” such as control , efficiency , and privacy and the story that is told about these values co‐shape the actions of stakeholders and, to a certain extent, pre‐sort the path of application development. We will illustrate this by presenting a case study on the Red Button ( De Rode Knop ), a Dutch pilot to develop a blockchain‐based solution that enables people who are in debt to communicate to their creditors that they are, together with the municipality, working on improving their situation, thereby requesting a temporary suspension from debt collection.
区块链是一种具有解决方案承诺的技术,但同时,区块链的应用前景难以实现。不仅区块链协议本身不是万无一失的,而且当我们从“区块链一般”转向“区块链特别”时,我们看到需要开发新的治理结构和协作方式,以使区块链应用程序工作/成为现实。在区块链的具体应用中,在抽象上归因于(区块链)技术的特性不应被视为理所当然。因此,信任问题不会仅仅通过使用“无信任”区块链技术而变得多余。相反,必须在不同层次上建立新的信任关系。在本文中,我们认为区块链是一种生产力,即使它没有解决信任问题,而且有时不管区块链技术到底没有实现。支撑这种看似“无需信任的技术”的价值观,如控制、效率和隐私,以及关于这些价值观的故事,共同塑造了利益相关者的行为,并在一定程度上预先排序了应用程序开发的路径。我们将通过一个关于Red Button (De Rode Knop)的案例研究来说明这一点。Red Button是荷兰的一个试点项目,旨在开发一种基于区块链的解决方案,使欠债的人能够与债权人沟通,表明他们正在与市政当局一起努力改善他们的状况,从而请求暂时停止讨债。
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引用次数: 1
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Regulation & Governance
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