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This paper reviews the history of bilateral trade negotiations between Taiwan and the U.S. The question posed at the outset is: does bilateralism enhance or jeopardize multilateralism? The U.S.-Taiwan experience seems to suggest a grossly negative answer. Bilateral negotiations for market...
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The United Kingdom will depart from the European Union in March 2019. Numerous open questions remain about details and conditions especially with regard to post-Brexit EU-UK trade relations. In case of a negotiation failure, a "hard Brexit" could cause considerably high costs on both sides of...
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membership into the world trading system, the WTO may face a "latecomers" problem that, while occurring also in earlier rounds …
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We consider the purpose and design of the World Trade Organization (WTO) and its predecessor, GATT. We review recent …
Persistent link: https://www.econbiz.de/10013150443
Since 1975 the Lomé Conventions have granted trade preferences to African exports to the European Union, Africa's main trading partner. The liberalisation of trade foreseen by the Uruguay Round means that these preferences will disappear, leading to net reductions in African exports. What...
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In spite of all protestations and exhortations it is a fact that trade liberalization, the modern version of free trade, is caught in a crisis. Professor Detlef Lorenz is here analysing the causes of this crisis and suggesting alternatives for a future liberalization policy.
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