Utility Mission Creep

2021 ◽  
Author(s):  
Troy A. Rule
Keyword(s):  
Mission Creep

RESPONSIBILITY AND AUTONOMY: THE PROBLEM OF MISSION CREEP

2012 ◽  
Vol 22 (1) ◽  
pp. 165-184 ◽  
Author(s):  
John Martin Fischer
Keyword(s):  
Mission Creep

Central banks have a key role in greening the economy

2021 ◽  
Keyword(s):  
Carbon Price ◽  
Central Banks ◽  
Price Stability ◽  
Carbon Taxes ◽  
Content Type ◽  
Mission Creep ◽  
Financial Firms ◽  
Short Run ◽  
Green Investments ◽  
Data Banks

Significance It will not be easy to reconcile new tasks with traditional price-stability mandates. Moreover, it is not clear what data banks should use to measure progress, while a green transition will depend on closer coordination with governments, creating challenges for politically independent central banks. Impacts As governments raise carbon taxes, there will be calls to loosen monetary policy to offset their deflationary effect. ‘Mission creep’ is a risk for authorities; financial firms may incur losses if politicians fail to follow through on carbon price moves. Green investments risk a bubble effect, especially as short-run supplies of metals such as cobalt and lithium are limited.

Beyond Counterterrorism

2013 ◽  
Vol 4 (3) ◽  
pp. 1-14 ◽  
Author(s):  
Priscilla M. Regan ◽  
Torin Monahan
Keyword(s):  
Qualitative Research ◽  
Information Sharing ◽  
Homeland Security ◽  
Civil Liberties ◽  
Fusion Center ◽  
Department Of Homeland Security ◽  
Fusion Centers ◽  
Mission Creep ◽  
New Challenges

Decentralized organizational approaches to security provision introduce new challenges for controlling information-sharing practices, safeguarding civil liberties, and ensuring accountability. Department of Homeland Security “fusion centers,” and the multiple organizations and databases that are part of fusion centers, engender an environment in which information is migrating beyond original purposes of counterterrorism. Indeed, based on intensive qualitative research, the authors have found that fusion centers that were originally oriented toward “counterterrorism” have quickly broadened their scope to include all crimes, and those that began as “all crimes” have migrated only marginally to terrorism. This is the result of three quite predictable factors: fusion centers have to be valuable to their states, there is too little activity that is clearly terrorism related, and fusion center personnel have to use their time and skills constructively. Nonetheless, even if local policing needs are met through fusion-center funding and support, many of the activities of fusion-center analysts lend themselves to mission creep and violations of civil liberties.

Mission Creep The Emerging Role of International Investment Agreements in Sovereign Debt Restructuring

2015 ◽  
Vol 6 (2) ◽  
Author(s):  
Rachel D. Thrasher ◽  
Kevin P. Gallagher
Keyword(s):  
Sovereign Debt ◽  
International Investment ◽  
Debt Restructuring ◽  
Mission Creep ◽  
Atlantic Trade ◽  
International Investment Agreements ◽  
Recent Financial Crisis ◽  
Private Investors ◽  
The Right ◽  
Investment Agreements

AbstractThe global community still lacks a regime for sovereign debt restructuring (SDR). However, the recent financial crisis has spawned numerous efforts to fill this glaring gap in global economic governance. At the same time however, there is increasing concern that international investment agreements (IIAs) have already begun to expand their reach into the realm of SDR. Indeed, private investors have attempted to use IIAs to recoup the full value of their bonds in order to circumvent debt restructurings in Argentina and Greece. In this paper we examine the extent to which IIAs are becoming tools for creditors to circumvent debt restructurings and whether new IIAs such as the Trans-Pacific Partnership and the Trans-Atlantic Trade and Investment Partnership will further advance the ability of creditors to do so. We find that contemporary IIAs are increasingly interpreting sovereign bonds as being under their jurisdiction. Thus, debt restructurings may be increasingly subject to claims filed by holdout creditors wishing to recoup the full value of their bonds through private tribunals under IIAs. That said, we also find that some treaties have begun to provide exceptions for certain types of debt restructurings. While such safeguards are a step in the right direction, they will need to become broader in scope and more widespread in application in order to not interfere with the orderly workout of debt problems in the world economy.

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