For decades the European Union tried changing its institutions, but achieved only unsatisfying political compromises and modest, incremental treaty revisions. In late 2009, however, the EU was successfully reformed through the Treaty of Lisbon. Reforming the European Union exami…
Analyser implementeringen af pensions-, arbejdsmarkeds- og produktionsreformer i 10 OECD-lande med fokus på hvilke faktorer, der drev eller hæmmede forløbene
Something extraordinary is happening in Saudi Arabia. A traditional, tribal society once known for its lack of tolerance is rapidly implementing significant economic and social reforms. An army of foreign consultants is rewriting the social contract, King Salman has cracked down…
Based on insights from prospect theory, a psychological theory of choice under risk, Vis demonstrates ably that the context in which governments find themselves (losses or gains) affects their attitude towards risk and thereby the degree and type of reform they pursue.