Improving Credibility by Delegating Judicial Competence - the Case of the Judicial Committee of the Privy Council
@article{Voigt2004ImprovingCB, title={Improving Credibility by Delegating Judicial Competence - the Case of the Judicial Committee of the Privy Council}, author={S. Voigt and Michael Ebeling and Lorenz Blume}, journal={Public Choice & Political Economy eJournal}, year={2004} }
It is argued that government credibility is an important resource and that it can be improved by delegating decision-making competence beyond the nation-state. It is hypothesized that such delegation should result in higher income and growth. Some former British colonies retained the Judicial Committee of the Privy Council as their final court of appeals even after independence. This court is thus taken as a natural experiment to test our hypothesis. It turns out that retaining the jurisdiction… CONTINUE READING
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