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International agreements, economic sovereignty and exit

Richardson, Martin; Stähler, Frank - 2018

We develop a model in which it is uncertainty about the future domestic policy environment that both makes international cooperation attractive and induces the possibility of a nation reneging on such an international agreement. We show, in a fairly general setting in which the likelihood of...

Persistent link: https://www.econbiz.de/10011809916

Does membership in international organizations increase governments' credibility? : testing the effects of delegating powers

Dreher, Axel (contributor); Voigt, Stefan (contributor) - 2008

Persistent link: https://www.econbiz.de/10003688912

Technological sovereignty as ability, not autarky

March, Christoph; Schieferdecker, Ina - 2021

Aspirations towards technological sovereignty increasingly pervade the political debate. Yet, an ambiguous definition … globalization. We develop a competence-based definition of technological sovereignty, which puts innovation policy at the core of … fulfilling sovereignty aspirations. Moreover, we show how our definition realigns technological sovereignty with international …

Persistent link: https://www.econbiz.de/10012546886

Multilateral investment agreement in a political equilibrium

Urban, Dieter M. (contributor) - 2006

Persistent link: https://www.econbiz.de/10003395201

The economics of investor protection : ISDS versus national treatment : presented at CESifo Area Conference on Global Economy, May 2015

Kohler, Wilhelm; Stähler, Frank - 2016 - Version of February 16, 2016

This paper scrutinizes the effects of investor-state dispute settlements (ISDS) and national treatment provisions in a two-period model where foreign investment is subject to domestic regulation and a holdup problem. It shows that ISDS can mitigate the holdup problem and increases aggregate...

Persistent link: https://www.econbiz.de/10011431559

Regulatory chill and the effect of investor state dispute settlements

Janeba, Eckhard - 2016

Legal conflicts between multinational firms and host governments are often decided by international arbitration panels - as opposed to courts in the host country - due to provisions in international investment agreements known as Investor State Dispute Settlements (ISDS). Critics fear that ISDS...

Persistent link: https://www.econbiz.de/10011565569

Transatlantic free trade : the view point of Germany

Felbermayr, Gabriel; Aichele, Rahel - 2014

America would be the largest preferential trade agreement in the world. Encompassing almost half of world GDP, it will have …

Persistent link: https://www.econbiz.de/10010469280

What determines BITs?

Bergstrand, Jeffrey H.; Egger, Peter - 2011

model of world trade and foreign direct investment with three factors, two products, and explicit natural as well as policy …

Persistent link: https://www.econbiz.de/10009230839

Investor-state dispute settlement and multinational firm behavior

Schjelderup, Guttorm; Stähler, Frank - 2020

This paper shows that Investor-State Dispute Settlements (ISDS) makes multinational firms more aggressive by increasing cost-reducing investments with the aim to enlarge the potential compensation an ISDS provision may offer. While a larger investment reduces the market distortion, it will also...

Persistent link: https://www.econbiz.de/10012271775

Fighting multiple tax havens

Elsayyad, May; Konrad, Kai A. - 2010

This paper develops a competition theory framework that evaluates an important aspect of the OECD's Harmful Tax Practices Initiative against tax havens. We show that the sequential nature of the process is harmful and more costly than a "big bang" multilateral agreement. The sequentiality may...

Persistent link: https://www.econbiz.de/10008697539

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