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This paper argues that GSP labour rights conditionality is in conformity with WTO law. This hinges on the critical question of whether the realisation of labour standards can meet a ‘development need,' a term considered by the WTO Appellate Body report in the EC – Tariffs Preferences case,...
Persistent link: https://www.econbiz.de/10013104596
This intends to be a very “empirical” paper. We want to let the facts (legal facts, but facts nevertheless) speak by themselves. We simply present them in an organized way and limit to the minimum our own comments. The overall objective is to show, “by getting the legal facts right”,...
Persistent link: https://www.econbiz.de/10014168424
The purpose of this study is twofold. The first is to develop a new composite index of globalization based on data on … effects of globalization on economic growth and income inequality. The index comprises 25 indicators that represent the key … integration in the construction of the globalization index. The results show that although globalization promotes economic growth …
Persistent link: https://www.econbiz.de/10012030661
Over the past decade, geopolitical developments - and the policy responses to these by major economies around the world …
Persistent link: https://www.econbiz.de/10014248552
We study whether financial openness facilitates the economic integration of formerly centrally planned economies with the EU-15. Two dimensions of economic integration are considered: cross-country convergence of per-capita incomes and bilateral trade in goods and services. We find that more...
Persistent link: https://www.econbiz.de/10010284651
This paper describes in detail the methodology currently used by the European Central Bank (ECB) to determine the nominal and real effective exchange rate indices of the euro. Building on the work of Buldorini et al. (2002), it shows how the ECB's techniques for calculating effective exchange...
Persistent link: https://www.econbiz.de/10013113993
State capitalism is reemerging today. Some governments, notably newly emerging economies such as China and Russia and oil producing countries in the Middle East are placing much emphasis on state-led economic development, and they are making much use of state-owned enterprises (SOEs) to achieve...
Persistent link: https://www.econbiz.de/10013103941
they can be effectively addressed, the World Bank has launched a series of case studies on PTA implementation in a dozen … selected developing countries from around the world. This paper summarizes the main results of a forthcoming report, which …
Persistent link: https://www.econbiz.de/10013090634
The nominal effective exchange rate (EER) of a currency is an index of the tradeweighted average of its bilateral exchange rates vis-à-vis the currencies of selected trading partners, while the real EER is derived by adjusting the nominal index for relative prices or costs. The nominal EER...
Persistent link: https://www.econbiz.de/10014558999
mentality which has been in place since the development of the welfare state after the Second World War (pg.15). 2) Germany … effectively by the likes of the UK after the Second World War (pg. 19). 2) Channeling monetary stimulus into the real economy …
Persistent link: https://www.econbiz.de/10014161383