Articles

Permanent URI for this collection

https://dspaceusad7.4science.cloud/handle/20.500.12458/2

Browse

Browsing Articles by Discipline "Law"

Now showing 1 - 20 of 27
  • Publication
    Constitutions et lois fondamentales des pays arabes
    (Editions Pedone, 2020)
    Hamrouni, Maia-Oumeima 
    ;
    Canal Forgues, Eric 
    ;
    Ait-Ouyahia, Feriel
    Cet ouvrage collectif sur les Constitutions et Lois fondamentales des pays arabes : offre au lecteur un portrait de chaque Constitution, englobant ses principes, ses règles et ses procédures, ainsi que quelques éléments de réflexion quant à la possibilité de l’émergence d’un patrimoine constitutionnel propre au Monde arabe. plus qu’un état des lieux, l’ouvrage entend inscrire la réflexion dans la durée en proposant des clés de lecture sur les enjeux juridiques et leurs corollaires politiques ou sociétaux. Il a pour ambition de proposer une analyse pour une connaissance étayée des systèmes juridiques arabes. Dans cette optique, la Constitution, ou Loi fondamentale selon les appellations consacrées, constitue un accès à la connaissance d’un projet de société, c’est non seulement le projet constitutionnel ou la vision politique, mais encore l’ambition de l’Etat de s’inscrire dans l’histoire collective et, plus largement, dans la société globalisée. Ainsi le lecteur trouvera pour chacun des vingtdeux pays la source avec la version originale en langue arabe et la version traduite en français ou en anglais de leur Constitution ou Loi fondamentale, précédée d’une présentation commentée. A
      192  206
  • Publication
    Do commodity price volatilities impact currency misalignments in commodity-exporting countries?
    (2020)
    Boubakri, Salem 
    ;
    Guillaumin, Cyriac
    ;
    Silanine, Alexandre
    This paper aims to investigate the relationship between misalignments of real effective exchange rates and real commodity price volatilities in a sample of 46 commodity-exporting countries by considering financial development as the transition variable. We first estimate currency misalignments as deviations of the observed real effective exchange rates from their equilibrium values estimated using the behavioural equilibrium exchange rate (BEER) approach. Then, we rely on panel data and a smooth-transition regression model to estimate commodity price volatilities' non-linear impacts on currency misalignments. Our results indicate that the estimated coefficients are highly significant, and demonstrate that real commodity prices' volatility has a non-linear impact on currency misalignments depending on the country's degree of financial development.
      160  387
  • Publication
    Do sovereign wealth funds dampen the effect of oil market volatility on gross domestic product growth?
    (2022)
    Boubakri, Salem 
    ;
    Trabelsi, Ahlem
    This paper examines the effect of oil price volatility on gross domestic product (GDP) growth in some oil-exporting countries. The analysis becomes more pertinent when we consider the role of sovereign wealth funds (SWFs) as a driver to counter the exhaustibility of revenue by transforming nonrenewable resources into sustainable income. The main contribution made by this paper is our assessment of the role of SWF asset growth in dampening the effect of oil market volatility on GDP growth. To test this effect, we rely on a panel smooth transition regression model which is useful for describing heterogeneous panels, with regression coefficients that fluctuate between a limited number of “extreme regimes” depending on the SWF assets’ size. Our findings demonstrate that this effect is nonlinear and depends on the threshold level of SWF asset growth. The estimated coefficient is negative in the first regime and becomes positive beyond the threshold value (ie, 19%) in the second regime. We also test a second specification of the model by considering the effect of the volatility of per capita oil export revenue on GDP growth and show that SWF asset growth plays a significant role in dampening the effect of oil market volatility on GDP growth, mainly in the second regime when SWF asset growth reaches a high growth level.
      51
  • Publication
    Double Impact: A Macroeconomic Study of the Crossed Influences Between Climate Change and Business Tourism
    (2023)
    El Halabi El Kayal, Mohamed 
    International tourism is a main sector of economy that witnesses continuous and tremendous growth in developed and developing countries and expresses destabilization by several factors including climate change. Being considered as a sensitive sector to climate, tourism shows, through several criteria such as number of arrivals and receipts, an influence by environmental and socioeconomic modifications. This article will outline the interrelationships between climate change phenomenon and the business component of the international tourism. Three focal elements that were developed through literature on the effects of climate change for tourism will be critically reviewed: climate change and temporal shifts in tourism demand, climate-inducted change and destination competitiveness within the major market segment of business tourism, and future tourist mobility. The review will develop the differential weakness of tourism destinations and the consequence in competitiveness that will transform some international markets. This will be relevant to explain why destinations will need to adapt to the risks and opportunities posed by climate change. Despite several elements illustrating progress in the past years, an important gap of knowledge in each of the major impact areas needs to be looked into in order to indicate to the concerned tourist the necessity for a well preparation toward challenges of climate change.
    Scopus© Citations 1  33
  • Publication
    Effects of financial turmoil on financial integration and risk premia in emerging markets
    (Elsevier, 2016)
    Boubakri, Salem 
    ;
    Raymond, Hélène
    ;
    Couharde, Cécile
    The aim of this article is to analyze how financial crises affect the dynamics of international financial integration and of the risk premia in emerging markets. Accordingly, we estimate a variant of the International Asset Pricing Model developed by Carrieri et al. (2007), allowing for time-varying stock market integration, in which we include the foreign currency risk. Our sample consists of monthly data for 12 emerging stock markets over the period 1988M3-2015M3. We find that while the financial integration of emerging stock markets has registered short-term reversals episodes in countries that have been exposed to national or/and regional financial crises, it has decreased in most of the emerging countries of our sample since the global crisis. Moreover, the upward trend in financial integration has not reduced the local market risk premium component as much as could be expected. However, the recent global crisis has induced a reassessment of the world market risk premium for all emerging countries, highlighting the global nature of the crisis. © 2016 Elsevier B.V..
    Scopus© Citations 11  104  77
  • Publication
    Equity, International Cooperation, and Global Public Health: Use of the Common but Differentiated Responsibilities Principle in the Fight against COVID-19
    (2022)
    Hamrouni, Maia-Oumeima 
    ;
    Canal Forgues, Eric 
    During pandemics, in which harm is universal, states find themselves under an obligation to cooperate within a global solidarity framework. However, because they do not have the same set of capabilities, their obligations should be differentiated and based on equity and distributive justice. As an effective tool of States’ foreign policy, health diplomacy is being used by developing countries according to different priorities and interests. After a few months of relative calm, COVID-19 still poses a major challenge for African and Middle Eastern economies and societies where the vaccination rates are low across the board with healthcare systems in poor shape. If some Gulf countries can be considered exceptions due to active lockdowns, mobility restrictions, and considerable testing, their engagement abroad to help contain the pandemic, especially in North Africa, shows that, if the spirit of cooperation and justice is well taken care of at the regional level, this is not the case at the international level, where global health cooperation would clearly benefit from the application of a type of differentiated treatment such as the one provided by the Common but Differentiated Responsibilities (CBDR) principle.
      34  71
  • Publication
      46
  • Publication
    Greywater reuse in the water-scarce Gulf Region
    (2019)
    Paleologos E.K.
    ;
    Elhakeem M.
    ;
    El Amrousi M.
    ;
    Canal Forgues, Eric 
    ;
    Saba M
    Treated wastewater has emerged in many countries as a component of the water stream and a way to supplement, primarily, landscape and agricultural irrigation. Several European and Asian states have, in addition, promoted the use of greywater in the interior of buildings. Regulations for greywater reuse are, by and large, not in place and quality standards for different types of application are in evolution. At the same time constructed wetlands as stand-Alone or as part of the wastewater treatment system have shown promise as a way to improve wastewater effluent, while upgrading ecosystem and aesthetic aspects of a site. Gulf countries, such as the United Arab Emirates (UAE) are faced with natural water scarcity, exorbitant water demands, beyond their renewable resources and desalination capacities, overloaded wastewater treatment systems that have resulted in releases of untreated wastewater in the marine environment, and increasing populations and expanded economic activities that would further accentuate existing water problems. The current article discusses these issues and, given the public reluctance in the UAE to accept interior greywater reuse, it focuses on the applicability of constructed wetlands in the Gulf region and their potential to enhance irrigation streams and landscape appeal.
      175  79
  • Publication
    Les NFT aux prises avec le droit des biens : essai d'une qualification
    (2022)
    Martial-Braz, Nathalie 
    Les NFT doivent-ils être distingués du sous-jacent qu'ils certifient ? Doit-on les considérer comme des biens ? Quels sont les droits que le titulaire d'un NFT détient ? Toutes ces questions sont posées dès lors que le NFT constitue un objet juridique non défini de lege lata. À l'épreuve des qualifications classiques du droit des biens, les NFT parviennent à se fondre dans le droit existant, l'efficacité du régime qui leur serait en conséquence applicable reste toutefois à démontrer.
      107  2
  • Publication
      65  111
  • Publication
    Non-conformité de la collecte et de la conservation des données de trafic dans la lutte contre les infractions boursières
    (2022)
    Martial-Braz, Nathalie 
    Solution. – La conservation généralisée et indifférenciée des données de trafic pendant un an à compter du jour de l'enregistrement par les opérateurs de services de communications électroniques n'est pas autorisée, à titre préventif, aux fins de la lutte contre les infractions d'abus de marché, dont font partie les opérations d'initiés. Impact. – La Cour de justice précise le régime de la conservation des données de connexion et vient en interdire l'usage dans le cadre de la lutte contre les infractions boursières, privilégiant la protection des droits fondamentaux des personnes concernées.
      7  1