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interpreted as symptoms of a dispute resolution system in decline. In this paper we propose a theory that can explain these trends … as a result of judicial learning; thus according to our theory such trends represent good news, not bad news. We then …
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International disputes over subsidies are increasingly disrupting the world trading system. The creation of the WTO was …
Persistent link: https://www.econbiz.de/10013216133
When an investor sues a state for alleged breaches of its obligations under an investment treaty or a trade agreement with investment provisions, all that should matter for who wins the case are the merits of the claim itself. Alas, investor-to-state dispute settlement (ISDS) does not take place...
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Formal economic analysis of trade agreements typically treats disputes as synonymous with concerns about enforcement. But in reality, most WTO disputes involve disagreements of interpretation concerning the agreement, or instances where the agreement is simply silent. And some have suggested...
Persistent link: https://www.econbiz.de/10012771708
The primary predictions of strategic-trade theory are not restricted to imperfectly-competitive markets. Indeed, these … predictions emerge in a natural three-country extension of the traditional theory of trade policy in competitive markets, once the … theory is augmented to allow for politically-motivated governments, so that the sign of export policy may be converted from …
Persistent link: https://www.econbiz.de/10013227741