The new European rules on bank insolvency seek to prevent future government-funded bailouts. Instead, risks should be internalized by the participants. The rules in the Bank Recovery and Resolution Directive and also the Single Resolution Mechanism seek to mimic the outcome of a normal insolvency procedures, without actually letting a failing institution enter full insolvency procedures. The rules enacted are of critical importance to a healthier and more stable financial sector.

This book pr...

Today humanity uses, on average, the equivalent of 1.6 earths to

provide the resources we use and to absorb our waste. A pathway

to sustainable resource use is the circular economy. This concept

aims at optimising the value of the resources used and to minimise

the amount of resources used. The author addresses the question of

what kind of law we need to realize a circular economy. He argues

that many legal frameworks and rules on the national and the

European level will have to be reconsider...

Minors can be involved in judicial proceedings of a different Member State when they have – allegedly – committed an offence within the EU. Whereas the EU has developed instruments to facilitate cooperation between Member States in criminal matters, no specific instruments exist to deal with cross-border youth justice cases. This book assesses to what extent it is possible and feasible to develop EU cooperation in youth justice matters.

In EU youth justice: The personal scope of EU crimin...

Climate change is the most important challenge humankind ever faced.

GHG emissions must be reduced at great pace and to a signifi cant extent to keep

global warming below fatal thresholds. This can only be achieved if the obligations

of major players are suffi ciently clear. The Principles on Climate Obligations of

Enterprises’ main focus is on the obligations of enterprises. They identify the

reduction obligations, and articulate a series of related obligations.

The Principles aim to provi...

This book examines the South Asian constitutional systems (India 1950, Bangladesh 1972, Pakistan 1973, Sri Lanka 1978, Bhutan 2008, Nepal 2015), adopting a comparative law and ‘contextual’ approach. Social diversity is the main feature of this geographical region, vast in dimension, also according to its demographic profile. This is why studying this area from a legal and institutional perspective is not only a crucial need for comparative law, but also a major methodological and intellec...

This is the inaugural address delivered on the acceptance of the Chair of Empirical Legal Studies at the Erasmus School of Law, Erasmus University Rotterdam.

Are liberal democracies in decline? If they are, what role does populism play in this? What can and should democracies do to defend their core features against ‘democratic decay’? And which features can be considered essential? These are difficult questions further complicated by the realisation that their answers depend on perspective. Populism and democratic decay are global phenomena but they play out differently in different countries and regions. They also cannot be properly understo...

'Excellence' is said to be the sole criterion in grant decision-making. How excellence is judged by funding organizations is difficult to grasp. This book helps scientists to acquire a grant for basic research from national and international funding organizations. It describes the processes involved and explains the way in which decisions on the giving of grants are made by peer reviewers and field panels or juries. It focuses on the best strategy for applying, supplies information on how to ...