Showing 1 - 10 of 65
Theoretical analyses of the WTO dispute settlement mechanism suggest that the system contains only weak incentives for the implementation of rulings. Against this background, it is puzzling that the specific WTO procedure which deals with allegedly insufficient implementation is used only in...
Persistent link: https://www.econbiz.de/10005408038
This paper discusses major policy issues related to commodity dependence and export diversification in low-income countries. Contrary to some widely-held view, it argues that natural resources are not necessarily a ‘curse’ that condemns low-income countries to underdevelopment but can...
Persistent link: https://www.econbiz.de/10005555981
This paper analyses the choices between regionalism and multilateralism, and the impact of WTO membership on the five Central Asian countries. The two main sections analyse (1) why the large number of regional trade agreements which the Central Asian countries have signed have had little...
Persistent link: https://www.econbiz.de/10005556162
Increasingly, in regional agreements, large economies, e.g. U.S. and E.U., offer lower trade barriers in exchange for cooperation by small economies in environmental, intellectual property and other issues. What is the effect of such agreements on multilateral trade liberalization? We show that,...
Persistent link: https://www.econbiz.de/10005556407
Antidumping laws have taken on added significance since the conclusion of the Uruguay Round of GATT. Prior to the Uruguay Round, only about 40 countries enforced antidumping laws. After the Uruguay Round, all 120+ signatories have agreed to incorporate antidumping laws into their trade policy....
Persistent link: https://www.econbiz.de/10005556417
This paper reviews the evolution of thinking about regional trade agreements (RTAs) and the policy developments reflected in three waves of RTAs during the last half century. It rejects claims, based on number of RTAs notified to the WTO, that RTAs are today more prolific than ever. Desirable...
Persistent link: https://www.econbiz.de/10005556419
This paper studies steady-state, Markov-Perfect strategic trade policy when (infinitely lived) governments are committed to trade policy during two periods. We compare the case in which both governments choose their export subsidies in the same periods (synchronization) versus the case in which...
Persistent link: https://www.econbiz.de/10005556420
(DSU) entered into force. During its first ten years, the DSU has since been applied to 324 complaints – more cases than … reform the DSU have been taking place since 1997 (“DSU review”), however, without yielding any result so far. In the meantime … may remedy some practical shortcomings of the DSU text, the more profound imbalance between relatively efficient judicial …
Persistent link: https://www.econbiz.de/10005556422
Over the past decade, the world-wide use of antidumping has become very widespread – 41 WTO-member countries initiated antidumping cases over the 1995-2003 period. From another perspective, US exporters were subjected to 139 antidumping cases during this period, by enforcement agencies...
Persistent link: https://www.econbiz.de/10005556437
This paper provides evidence on an amended Mayer-Heckscher-Ohlin model with parties by studying the effects of U.S. tariffs on the Democratic vote share. The effects are estimated with fixed effects and Two-Stage Least Squares based on data from the House of Representatives from the years 1982...
Persistent link: https://www.econbiz.de/10005556442