Showing 1 - 10 of 28
Using the international investment regime as its point of departure, the paper applies notions of bounded rationality to the study of economic diplomacy. Through a multi-method approach, it shows that developing countries often ignored the risks of bilateral investment treaties (BITs) until they...
Persistent link: https://www.econbiz.de/10010745595
-abundant countries. As expected, terms of trade effects raise tariffs across all countries and are stronger among non-members of the WTO. …
Persistent link: https://www.econbiz.de/10011126297
The purpose of this article, and of its earlier companion article (Part (1) Rule-making, 12 European Business Organization Law Review (2011) p. 41), is to examine the implications of the new European Securities and Markets Authority which was established in January 2011. In the wake of the...
Persistent link: https://www.econbiz.de/10010745044
Whether international human rights treaties constrain the behavior of governments is a hotly contested issue that has drawn much scholarly attention. The possibility to derogate from some, but not all, of the rights enshrined in the International Covenant on Civil and Political Rights (ICCPR)...
Persistent link: https://www.econbiz.de/10010746326
The notion of institutional coherence has dominated the agenda for reform of the United Nations (UN) in this century. Motivated by what he saw as the weakness of the fractured UN system, UN Secretary-General Kofi Annan led an ambitious reform program throughout his term of office (1996-2005)...
Persistent link: https://www.econbiz.de/10011071171
We study the impact of import protection on relationship-specific investments, organizational choice and welfare. We show that a tariff on intermediate inputs can improve social welfare through mitigating hold-up problems. It does so if it discriminates in favor of the investing party, thereby...
Persistent link: https://www.econbiz.de/10010884590
We study the relationship between participation in free trade agreements (FTAs) and the sustainability of democracy. Our model shows that FTAs can critically reduce the incentive of authoritarian groups to seek power by destroying protectionist rents, thus making democracies last longer. This...
Persistent link: https://www.econbiz.de/10010884636
I develop a novel theory of GATT/WTO negotiations. This theory provides new answers to two prominent questions in the … fundamental GATT/WTO principles of reciprocity and nondiscrimination? Relative to the standard terms-of-trade theory of GATT/WTO … model and therefore sheds new light on GATT/WTO negotiations between similar countries. Second, it relies on a production …
Persistent link: https://www.econbiz.de/10010928621
This paper develops an infinite-horizon, political agency model with a continuum of political districts, in which incumbent politicians can improve their re-election probability by attracting swing voters in key states through strategic trade protection. A unique equilibrium is shown to exist...
Persistent link: https://www.econbiz.de/10010928735
This paper posits a formal political economy model where the principle of reciprocity in multilateral trade talks results in the gradual elimination of tariffs. Reciprocity trade talks turn each nation’s exporters into anti-protectionists at home; they lower foreign tariffs by convincing their...
Persistent link: https://www.econbiz.de/10010928767