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The Trade Facilitation Agreement is the first multilateral trade agreement to be concluded since the WTO was established 20 years ago. Once it enters into force, the Agreement is expected to reduce total trade costs by more than 14 per cent for low-income countries and more than 13 per cent for...
Persistent link: https://www.econbiz.de/10012883315
This note discusses capital controls using insights from the trade policy literature. It highlights some key issues that have been neglected in the current international debate on capital controls. Capital is tradable in the same way as many goods and services are. As a result, much of the...
Persistent link: https://www.econbiz.de/10012884299
This study argues that trade policies regarding financial services are an important—but often neglected—determinant of capital flows and financial sector stability. Financial services trade liberalisation which promotes the use of a broad spectrum of financial instruments and allows the...
Persistent link: https://www.econbiz.de/10012884311
Persistent link: https://www.econbiz.de/10001209692
It has sometimes been argued that "globalization" benefits only a small number of countries, and that this leads to greater marginalization of excluded countries. This paper argues that globalization is not necessarily biased towards greater concentration in international trade and investment...
Persistent link: https://www.econbiz.de/10012884304
Much has been recently written about the Multilateral Agreement on Investment (MAI) that has been negotiated by OECD countries. Perhaps even more has been said by the critics of those who would like to see an agreement of this kind extended among other countries. There has indeed been a great...
Persistent link: https://www.econbiz.de/10012884308
On 10 November 2000, the EC requested consultations with the US in respect of countervailing duties imposed by the US on imports of certain corrosion-resistant carbon steel flat products (“corrosion resistant steel”), dealt with under US case number C-428-817. This dispute related, in...
Persistent link: https://www.econbiz.de/10012883993
Policy Analysis. It provides the most recent tools for analysis of trade policy using structural gravity models. Written by … experts who have contributed to the development of theoretical and empirical methods in the academic gravity literature and … as well as general equilibrium analysis with structural gravity models and contains practical guidance on how to apply …
Persistent link: https://www.econbiz.de/10011759047
new element into the whole discussion. These questions have also implications for the World Trade Organization. It is well …
Persistent link: https://www.econbiz.de/10012884243
Management of capital inflows has unexpectedly become a major challenge in transition economies. These countries were expected to have an insatiable demand for foreign capital, and an excess demand for capital inflows was, therefore, predicted by most observers. Foreign investors are also known...
Persistent link: https://www.econbiz.de/10012884312