Brussels Effect
The Brussels effect is the process of unilateral regulatory globalisation caused by the European Union ''de facto'' (but not necessarily ''de jure'') externalising its laws outside its borders through market mechanisms. Through the Brussels effect, regulated entities, especially corporations, end up complying with EU laws even outside the EU for a variety of reasons. Etymology The term ''Brussels effect'' was coined in 2012 by Professor Anu Bradford of Columbia Law School and named after the similar California effect that can be seen within the United States. Cause The combination of market size, market importance, relatively stringent standards and regulatory capacity of the European Union can have the effect that firms trading internationally find that it is not economically, legally or technically practical to maintain lower standards in non-EU markets. Non-EU companies exporting globally can find that it is beneficial to adopt standards set in Brussels uniformly through ...
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Banderas Europeas En La Comisión Europea
Banderas may refer to: People *Alberto Del Rio (Alberto Banderas), Mexican professional wrestler *Antonio Banderas (born 1960), Spanish actor *Josh Banderas (born 1995), American football player *Julie Banderas, American television news correspondent and weekend anchor for the Fox News Channel *Marco Banderas, Uruguayan-Spanish porn actor *Ricky Banderas, Puerto Rican professional wrestler Places *Bahía de Banderas, a bay and a municipality in Mexico *Banderas River, a river in El Salvador *Banderas (TransMilenio), a mass transit station in Bogotá, Colombia Music *Banderas (duo), a British female pop duo *''Banderas'', a 2016 album by L'Algérino Samir Djoghlal (born 2 May 1981), better known as L'Algérino (), is an Algerian-French rapper and singer whose family came from the Chaoui- Berber tribes in Khenchela, Algeria. A childhood friend of JUL, he was discovered in 2001 by rapper ...

Data Protection Directive
The Data Protection Directive, officially Directive 95/46/EC, enacted in October 1995, is a European Union directive which regulates the processing of personal data within the European Union (EU) and the free movement of such data. The Data Protection Directive is an important component of EU privacy and human rights law. The principles set out in the Data Protection Directive are aimed at the protection of fundamental rights and freedoms in the processing of personal data. The General Data Protection Regulation, adopted in April 2016, superseded the Data Protection Directive and became enforceable on 25 May 2018. Context The right to privacy is a highly developed area of law in Europe. All the member states of the Council of Europe (CoE) are also signatories of the European Convention on Human Rights (ECHR). Article 8 of the ECHR provides a right to respect for one's "private and family life, his home and his correspondence", subject to certain restrictions. The European Cou ...
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Convergence (economics)
The idea of convergence in economics (also sometimes known as the catch-up effect) is the hypothesis that poorer economies' per capita incomes will tend to grow at faster rates than richer economies, and in the Solow-Swan growth model, economic growth is driven by the accumulation of physical capital until this optimum level of capital per worker, which is the "steady state" is reached, where output, consumption and capital are constant. The model predicts more rapid growth when the level of physical capital per capita is low, something often referred to as “catch up” growth. As a result, all economies should eventually converge in terms of per capita income. Developing countries have the potential to grow at a faster rate than developed countries because diminishing returns (in particular, to capital) are not as strong as in capital-rich countries. Furthermore, poorer countries can replicate the production methods, technologies, and institutions of developed countries. In ...
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Supply And Demand
In microeconomics, supply and demand is an economic model of price determination in a market. It postulates that, holding all else equal, in a competitive market, the unit price for a particular good, or other traded item such as labor or liquid financial assets, will vary until it settles at a point where the quantity demanded (at the current price) will equal the quantity supplied (at the current price), resulting in an economic equilibrium for price and quantity transacted. The concept of supply and demand forms the theoretical basis of modern economics. In macroeconomics, as well, the aggregate demand-aggregate supply model has been used to depict how the quantity of total output and the aggregate price level may be determined in equilibrium. Graphical representations Supply schedule A supply schedule, depicted graphically as a supply curve, is a table that shows the relationship between the price of a good and the quantity supplied by producers. Under the a ...
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Multinational Corporation
A multinational company (MNC), also referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation or a stateless corporation with subtle but contrasting senses, is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC, to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad simply to diversify financial risks. Black's Law Dictionary suggests that a company or group should be considered a multinational corporation "if it derives 25% or more of its revenue from out-of-home-country operations". Most of the largest and most influential companies of the modern age are publicly traded multinational corporations, including '' Forbes Global 2000'' companies. History Colonialism T ...
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