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In our recent publication, Asymmetric Sovereign Risk: Implications for Climate Change Preparation , we explore how perceptions of climate risk influence sovereign spreads across countries with varying economic conditions.
government is the largest purchaser in the world, significantly influencing the purchasing landscape. Balancing competitive pricing with maintaining profitability is critical when bidding on government contracts. This strategic move can ultimately lead to long-term success and sustainability.
The impact of all of that is that organizations are actively creating geographical supplier diversity within their supply chains, to strike a better balance between cost reduction and agility,” he said. Corporate Sustainability: Sawschcuk said that sustainability is an area in which Procurement can make a big impact.
Three important variables worth highlighting are borrowing costs, primary balances, and exchange rates. The Effects of Inflation on Primary Balance The impact on the primary balance, which reflects the government’s ability to generate surpluses or reduce deficits, also differs between demand and supply shocks.
Will businesses go backwards due to necessity and survival or will they step up and push forward to go further and faster to achieve the right balance? On the business side, it may question the raison d’être and bring focus to finding the right balance between society, the environment and the economy. Balancing the Imbalanced.
Fiscal rules have become a common policy tool to promote the sustainability of public finances, as the number of countries with at least one fiscal rule has grown from ten in 1991 to more than 100 by 2021. In contrast, simply adopting fiscal rules but not complying with them does not translate into better outcomes.
Over the past two decades, a growing number of Latin American and Caribbean (LAC) countries began adopting fiscal rules to limit overspending influenced by election cycles, public pressure, and other political economy factors, helping the region strengthen its fiscal solvency and sustainability.
These clauses, designed to provide temporary flexibility from strict fiscal targets during crises, aim to strike a balance between upholding fiscal rules and effectively responding to unexpected circumstances. Influence on Compliance: a clearly defined activation timeline is pivotal in post-escape clause compliance.
Sustainable development requires resources, which foreign states can access through foreign investment. This post will also show that ISDS can become an effective tool to ensure a sustainable future. As demonstrated in this post, these critiques are misguided. IBA Report, p.
Visconte briefly traced the history of the infrastructure debate, from ancient civilizations such as the Aztecs, Greeks, Incas, and Romans to modern-day discussions on sustainability. In closing, Professor Armesto predicted that arbitration would become increasingly influenced by climate change concerns.
Paulsson further emphasized the need to maintain ethical standards and avoid the pitfalls of professionalizing arbitration too much, which could lead to a system where decisions are influenced by factors other than merit. These projects aim to attract 100 million visitors annually by the end of the decade.
This is because there is still a need to supply conventional energy to ensure energy affordability, security, and sustainability of supply while the energy transition occurs. However, the focus on delivering a conventional energy business in a value-focused way has led to more disputes due to finely balanced economics and resource shortages.
The second panel, “ TechTalk: Unraveling the Tapestry – AI’s Influence on International Arbitration”, included Luke Sobota ( Founding Partner, Three Crowns LLP), Nilufar Hossain (Investment Manager and Legal Counsel, Omni Bridgeway), Rachel Thorn (Partner, Cooley LLP), and Marco de Sousa (Senior Associate, Herbert Smith Freehills LLP).
After the launch, the systems were transferred to the balance of the state in the form of a state-owned enterprise. It includes indicators such as the population of the community affected, level of urgency, economic influence, or ecological impact. Delivering the DREAM With the launch of the Project Office, DREAM enters its next phase.
The choice seems easy to make, as it tends to increase domestic resource mobilization, but the revenue expected needs to be balanced with the cost of administering the complexity and increasing data processing demand of a global tax, requiring investments in technology and capacity building inside their tax administrations.
The administration of the tax would require a single tax return (consolidated balance sheet of the mega MNE) to be filed with the tax authorities of the country where the ultimate parent company is domiciled, and the information would be shared with the other countries. Another significant measure is the application of unitary taxation, i.
For purposes of Section 68, the serious irregularities range from sustained and pervasive bribery of government officials and their lawyers to the Claimant’s owners’ perjured testimony to their lawyers’ unauthorized access to legally privileged government documents.
We balanced these considerations for and against applying a longer time-frame by selecting one year before and after the transparency intervention which limits the incidence of confounding factors while also taking care of seasonality biases. These deserve further investigation. Selected results are highlighted country by country below.
and Gabriella Palmieri (Italian Attorney General) highlighted the complex interaction between international, transnational and national law, and they agreed on the need to find a balance between environmental protection and economic competitiveness. environmentally harmful) firms from making sustainable investments.
Department of State), Margie-Lys Jaime (Legal Adviser, Office of Investment Arbitration, Ministry of Economy and Finance, Republic of Panama), Ladan Mehranvar (Senior Legal Researcher, Columbia Center on Sustainable Investment (“CCSI”)) and Marie-Claire Argac (Partner, Curtis, Mallet-Prevost, Colt & Mosle LLP). Mr. Bigge and Ms.
The challenges that civilian agencies must overcome are different than those facing the Department of Defense, for instance, while the components of the Department of Homeland Security often must balance their security requirements against their law enforcement or emergency services missions. A graduate of the U.S.
You’ll also compile inventories, evaluate products, influence workforce development, prioritize projects, remove barriers, document use cases , assess performance, implement internal controls, and ensure your agency’s AI efforts comply with a host of existing laws and policies. But wait, there’s more!
“ The event brought together leading experts to discuss the intersection of investment law and the global shift towards sustainable energy. Although advisory opinions are non-binding, they are intended to influence domestic and international litigation.
The PAP includes other directives and guidance that raise questions regarding equity and balance in the evaluation and negotiation of FSS pricing terms. Significantly, FSS Blanket Purchase Agreements (BPAs), which leverage individual agency requirements, now account for over 53% of the dollar value of orders under the program.
Addressing environmental concerns in a sustainable business model requires challenging the status quo. We now need more companies and governmental agencies to adopt the best and leading solutions to ensure a planet which is going to sustain our collective ecosystems. ESG is showing us that we can prosper with dignity and respect.
Luke Nottages Aggravating Australias Arbitration Ambivalence: Zephs ISDS Claims explored how individual cases, like Zephs claims against Australia, reflect broader regional attitudes toward arbitration, underscoring the need to address both investor concerns and State sovereignty to foster balanced ISDS mechanisms. Angela Ray T.
The importance and positive contribution of public procurement law to the adequate management of public funds may seem difficult to appreciate in ordinary times, and there are recurrent calls for a reduction of the administrative burden and bureaucracy related to procurement procedures, checks and balances.
Another key update in this regard is the substantive revision of investment protection provisions, which now better balance investor rights with the right of Contracting Parties to regulate within their territories. Is it an advantage for promoting sustainable development through the ECT, or a shortcoming that could hinder its pursuit?
Her commitment to balanced and thoughtful acquisition policy has set a standard for integrity and innovation in Federal procurement, and her transparent approach has fostered trust and collaboration among industry partners and stakeholders. Fields career is a testament to dedication, professionalism, and excellence in public service.
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