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The Path Of World Trade Law In The 21st Century

Author: Charnovitz Steve
Publisher: World Scientific
ISBN: 9814513261
Size: 76.80 MB
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The advent of the World Trade Organization (WTO) in 1995 transformed international economic law for states, enterprises, and nongovernmental organizations. This book analyzes how the WTO is changing the path of international trade law and examines the implications of these trends for the world economy and the global environment. Containing 18 essays published from 1999 to 2011, the book illuminates several of the most complex issues in contemporary trade policy. Among the topics covered are: Is there a normative theory of the WTO's purpose? Can constitutional theory provide guidance to keep the WTO's levers in balance? Should the WTO use trade sanctions for enforcement? What can the WTO do to enhance sustainable development and job creation?

Trade Law Domestic Regulation And Development

Author: Joel P Trachtman
Publisher: World Scientific
ISBN: 9814635731
Size: 17.52 MB
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Trade Law, Domestic Regulation and Development is about the relationship between trade, regulation and development. By combining law and economics perspectives on the international trading system, Trachtman takes an interdisciplinary approach in analyzing the topic of globalization and economic development. In a developing economy, as globalization proceeds, a critical factor is the relationship between liberalization of movement of goods, services, and people, on the one hand, and the right to regulate, including the right to regulate for development, on the other hand. In the context of market access, all countries need the right to restrict imports of goods or services that may hurt consumers or the broader society, and developing countries sometimes need the ability to subsidize their own goods and services, or sometimes to restrict imports of goods or services, in order to promote development. Nonetheless, both developed and developing countries often fall into the trap of regulating for protectionist or corrupt reasons. Finding the right balance between market access and regulation is the subject of analysis in this collected volume of 16 papers by Trachtman, and presented in a manner that is accessible and interesting to both law and economics readers. In Trachtman's own words, "The purpose of [international] trade law in this context [globalization] seems to be to allow states to agree to avoid creating these inefficient policy externalities, not to force all states to dance to the same tune." Errata(s) Errata (24 KB) Contents:IntroductionTrade Law and Domestic Regulation:Philippines — Taxes on Distilled Spirits: Like Products and Market Definition (with Damien Neven)Brazil — Measures Affecting Imports of Retreaded Tyres: A Balancing Act (with Chad P Bown)Continued Suspense: EC–Hormones and WTO Disciplines on Discrimination and Domestic Regulation (with Bernard Hoekman)Embedding Mutual Recognition at the WTOIncomplete Harmonization Contracts in International Economic Law: Report of the Panel, China — Measures Affecting the Protection and Enforcement of Intellectual Property Rights, WT/DS362/R, adopted 20 March 2009 (with Kamal Saggi)Canada–Wheat: Discrimination, Non-Commercial Considerations, and the Right to Regulate Through State Trading Enterprises (with Bernard Hoekman)Regulatory Jurisdiction and the WTOThe World Trading System, the International Legal System and Multilevel ChoiceTrade Law and Development:Incorporating Development among Diverse MembersDoing Justice: The Economics and Politics of International Distributive JusticeThe WTO and Development Policy in China and IndiaLegal Aspects of a Poverty Agenda at the WTO: Trade Law and 'Global Apartheid'Systemic Concerns Regarding WTO Law:The WTO CathedralJurisdiction in WTO Dispute SettlementNegotiations on Domestic Regulation and Trade in Services (GATS Article VI): A Legal Analysis of Selected Current IssuesToward Open Recognition? Standardization and Regional Integration under Article XXIV of GATT Readership: Advanced postgraduate students in law taking modules in international trade and developmental economics, and also vice versa. Key Features:Provides a unique economic analysis of legal problems of globalizationExamines the problem of the "right to regulate" in detailExplains the relationship between trade liberalization and developmentKeywords:Trade;WTO;International Law;Globalization;Right to Regulate;Development

Developing Countries In The World Economy

Author: Jaime de Melo
Publisher: World Scientific
ISBN: 9814494917
Size: 30.59 MB
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Differences in the choices of trade and macro policies, both by developing countries and by developed countries towards developing countries, have been critical in determining the overall performance of developing countries. All too often, the performance of developing countries has not been assessed using appropriately conducted studies. The papers in this book are chosen to bridge this gap and show how a quantitative approach to policy evaluation can help resolve controversies and explain the choice of observed policies. The book brings together carefully selected papers that assess the impacts of various trade and macro policies, by quantifying the policies of developing countries at the macro level (exchange rate, investment, savings) and at the sector level (trade and industrial policies), in addition to policies of developed countries towards developing countries (trade preferences, quotas, VERs and migration policies). Facets of the political economy of trade, migration, and climate policies are explored (such as the enlargement of the EU, the rise of regionalism and how it can ease the pains of adjustment to trade liberalization, openness and inequality). Growing tensions between trade and the environment are also investigated. In short, this book covers a wide area of events ranging from external and internal shocks to external and internal policies, showing how the consequences of these events can be brought to rigorous quantitative analysis. Contents:Reforms, Adjustment and Growth:What Went Wrong with the Recent Reforms in the Southern Cone (with Vittorio Corbo and James Tybout)The Effects of Financial Liberalization on Savings and Investment in Uruguay (with James Tybout)Adjustment with a Fixed Exchange Rate: Cameroon, Côte d'Ivoire and Senegal (with Shantayanan Devarajan)Growth-Oriented Adjustment Programs: A Statistical Analysis (with Riccardo Faini, Abdelhak Senhadji and Julie Stanton)Adjustment, Investment and the Real Exchange Rate in Developing Countries (with Riccardo Faini)Fiscal Spending and Economic Growth: Some Stylized Facts (with Céline Carrère)Trade Policies, Market Structure and Market Access:Pricing Policy Under Double Market Power: Madagascar and the International Vanilla Market (with Marcelo Olarreaga and Wendy Takacs)The Influence of Increased Foreign Competition on Industrial Concentration and Profitability (with Shujiro Urata)The Effects of Trade Reforms on Scale and Technical Efficiency: New Evidence from Chile (with Vittorio Corbo and James Tybout)Do Exporters Gain from VERs? (with Alan Winters)Are Different Rules of Origin Equally Costly? Estimates from NAFTA (with Céline Carrère)Has Distance Died? Evidence from a Panel Gravity Model (with Jean-François Brun, Céline Carrère and Patrick Guillaumont)Political Economy:The New Regionalism: A Country Perspective (with Arvind Panagariya and Dani Rodrik)The Protectionist Bias of Duty Drawbacks: Evidence from Mercosur (with Olivier Cadot and Marcelo Olarreaga)Why OECD Countries Should Reform Rules of Origin (with Olivier Cadot)The Political Economy of Migration in a Ricardo–Viner Model (with Jean-Marie Grether and Tobias Müller)Attitudes Towards Immigration: A Trade Theoretic Approach (with Sanoussi Bilal and Jean-Marie Grether)The Political Economy of Migration and EU Enlargement: Lessons from Switzerland (with Florence Miguet and Tobias Müller)Challenges Ahead — An Inclusive Globalization and Environmental Policies:Openness, Inequality and Poverty: Endowments Matter (with Julien Gourdon and Nicolas Maystre)FDI, the Brain Drain and Trade: Channels and Evidence (with Artjoms Ivlevs)Trade in a 'Green Growth' Development Strategy: Issues and ChallengesUnravelling the Worldwide Pollution Haven Effect (with Jean-Marie Grether and Nicole Mathys) Readership: Graduate students, researchers and professionals interested in developmental economics, international economics and political economy. Keywords:Trade Barriers and Market Structure;Quantitative Restrictions;Political Economy and Migration;Trade and the EnvironmentKey Features:One of the few books that addresses the performance of developing countries through appropriately conducted studies with rigorous quantitative analysesAdopts a quantitative approach in evaluating policies and shows how this can help resolve controversies and explain the choice of observed policiesAnalysis of the policies in developing countries is done across the macro level and sector levels, as well as on the policy choices of developed countries towards developing countries

Non Tariff Barriers Regionalism And Poverty

Author: L Alan Winters
Publisher: World Scientific
ISBN: 9814571288
Size: 54.10 MB
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Non-Tariff Barriers, Regionalism and Poverty is a collection of key articles in three important areas of applied international trade research: measuring non-tariff barriers and their effects, the consequences of regional trading arrangements, especially on the countries excluded from them, and the connection between international trade and poverty. Drawing from 30 years of research and experience, L Alan Winters illustrates the development of techniques of this field and his continued commitment to answering real policy questions at the times at which they are debated. The collection shows the ways in which economic and econometric analysis can be used to answer real-world problems rigorously in the area of international trade and trade policy. Readers will find that some of the research included is of current methodological relevance and some of more historical significance. This volume is invaluable to anyone who is keen on developing their knowledge on trade policy, regionalism or poverty — three pressing issues in today's globalized world. Contents:IntroductionNon-Tariff Barriers:The Extent of Nontariff Barriers to Industrial Countries' Imports (with JJ Nogués and A Olechowski)Do Exporters Gain from VERs? (with J de Melo)Labour Adjustment Costs and British Footwear Protection (with WE Takacs)Voluntary Export Restraints and Rationing: U.K. Leather Footwear Imports from Eastern Europe (with PA Brenton)VERs and Expectations: Extensions and EvidenceDigging for Victory: Agricultural Policy and National SecurityRegionalism:Separability and the Specification of Foreign Trade FunctionsBritish Imports of Manufactures and the Common MarketRegionalism and the Rest of the World: The Irrelevance of the Kemp-Wan TheoremHow Regional Blocs Affect Excluded Countries: The Price Effects of MERCOSUR (with W Chang)Trade and Economic Geography: The Impact of EEC Accession on the UK (with HG Overman)Trade and Poverty:Trade Liberalisation and Poverty: What are the Links?Trade Liberalization and Poverty: The Evidence So Far (with N McCulloch and A McKay)Trade Liberalisation and Economic Performance: An OverviewTrade Liberalisation and Poverty Dynamics in Vietnam (with Y Niimi and P Vasudeva Dutta)Agricultural Trade Liberalization and Poverty Dynamics in Three Developing Countries (with J Litchfield and N McCulloch)Why Isn't the Doha Development Agenda More Poverty Friendly? (with TW Hertel, R Keeney, and M Ivanic)Trade as an Engine of Creative Destruction: Mexican Experience with Chinese Competition (with L Iacovone and F Rauch) Readership: Undergraduates, research students and professionals interested in macroeconomics; international trade practitioners. Key Features:Shows the ways in which economic and econometric analysis can be used to answer real-world problems rigorously in the area of international trade and trade policyThe broad collection of applied work on trade illustrates problems and analyses that others may find a useful base for their own workKeywords:International Trade;Poverty;Regional Trading Arrangements (RTAs);Trade Barriers;Non-Tariff Barriers

Das Globalisierungs Paradox

Author: Dani Rodrik
Publisher: C.H.Beck
ISBN: 9783406613517
Size: 71.33 MB
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Ein Plädoyer gegen Hyperglobalisierung und für eine gewisse demokratische Renationalisierung der Wirtschaftspolitik.

World Trade Law After Neoliberalism

Author: Andrew Lang
Publisher: OUP Oxford
ISBN: 0191656151
Size: 57.14 MB
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The rise of economic liberalism in the latter stages of the 20th century coincided with a fundamental transformation of international economic governance, especially through the law of the World Trade Organization. In this book, Andrew Lang provides a new account of this transformation, and considers its enduring implications for international law. Against the commonly-held idea that 'neoliberal' policy prescriptions were encoded into WTO law, Lang argues that the last decades of the 20th century saw a reinvention of the international trade regime, and a reconstitution of its internal structures of knowledge. In addition, the book explores the way that resistance to economic liberalism was expressed and articulated over the same period in other areas of international law, most prominently international human rights law. It considers the promise and limitations of this form of 'inter-regime' contestation, arguing that measures to ensure greater collaboration and cooperation between regimes may fail in their objectives if they are not accompanied by a simultaneous destabilization of each regime's structures of knowledge and characteristic features. With that in mind, the book contributes to a full and productive contestation of the nature and purpose of global economic governance.