Statutory Power

Low Statutory Power of the Central Bank of Islamic Republic of Iran

Once the responsibilities of central bank increases, developing good governance for achieving its different aims to satisfy the required statutory power becomes more complicated. In the case of the central bank of Islamic republic of Iran - as monetary policymaker and supervisor-this issue is valid as well. Considering the necessity of independency, accountability, and transparency for developi...

Statutory or Voluntary

once again that ways and means have got to be found to produce a real economy in public current expenditure. Enormous programmes of building have been sapping our national finances. Th^ serious and backward structural conditions of very many of the hospitals taken over under the National Health Act in 1948, and especially the hospitals for the mentally ill, will and mus* continue to absorb a la...

Statutory Retirement Age and

As societies age, pension reforms become a central issue. One proposition is to extend worklife. However, due to the endogenous depreciation of human capital in many countries the effective retirement age is even below the present statutory retirement age. We analyze this effect in a putty-putty human capital vintage model where the economic retirement age is endogenous. While a higher rate of ...

Unconstitutionally Excessive Statutory Damage Awards

The statutory noise level in South Africa.

Noise legislation in South Africa was introduced in 1974. However, in industry, compliance with the recommended maximum equivalent noise level of 85 dB(A) is poor. The subject of noise exposure is reviewed briefly and a tentative proposal for a temporary raising of the statutory limit is put forward.