Search results for " Guarantees"
showing 5 items of 15 documents
Political risk and export promotion: evidence from Germany
2008
Political risk represents an important hidden transaction cost that reduces international trade. This paper investigates the claim that German public export credit guarantees (Hermes guarantees) mitigate this friction to trade flows and hence promote exports. We employ an empirical trade gravity model, where we explicitly control for political risk in the importing country in order to evaluate the effect of export guarantees. The idea behind export promotion through public export credit agencies (ECAs) is that the private market is unable to provide adequate insurance for all risks associated with exports. As a consequence, firms' export activities are limited in the absence of insurance pr…
Le droit à l’autodétermination du peuple palestinien
2016
The right of the Palestinian people to liberate themselves from foreign occupation in the name of the principle of self-determination has played, and is playing today, a central role in the resolution of the Arab-Israeli problem, representing a real catalyst principle in a process which, unfortunately, remains unfinished. The question today revolves around the fulfilment of an obligation to negotiate conventionally accepted by the parties, considered without alternative by the international community, but which in practice translates into a right of veto over the exercise of self-determination, contradicting the inalienable nature of this principle. Self-determination thus becomes negotiabl…
Juridiskā zinātne, Nr. 12
2019
The publishing of Journal “Law” of the University of Latvia is financed by the Faculty of Law of the University of Latvia. The publishing of issue No. 11 is supported by “Eversheds Sutherland Bitāns” Law Office.