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The Dispute Settlement System (DSS) of the World Trade Organisation (WTO) is a mechanism to settle international trade …
Persistent link: https://www.econbiz.de/10005061668
Abstract This author sheds some light on the theoretical arguments on the use of selectivity and uniformity of trade … policy in trade and industrialization for targeting industries and firms and provides a brief historical review of practices … preconditions for implementing “selective” (targeted) trade and industrial policies. Yet more, he discusses the implications of the …
Persistent link: https://www.econbiz.de/10005014719
quota retaliation games. In supermodular games where tariffs are strategic complements, the steady state of every, symmetric …. Instead of the well-known non-equivalence between tariff and quota retaliation outcomes under complete myopia, in some … circumstances, free trade can be supported in the steady state of a Markov perfect equilibrium, regardless of whether policies …
Persistent link: https://www.econbiz.de/10008777384
The Republic of Azerbaijan is one of the oil and gas rich countires of the former Soviet Union. After the second stage of the Shah Deniz gas field, natural gas exltation and exportation became one of the key issues in Azerbaijan’s oil and gas stategy. Diversification of the oil and gas...
Persistent link: https://www.econbiz.de/10011260148
Following the conclusion of the TRIPS Agreement, much has been written on the potential costs and benefits of stronger Intellectual Property Rights (IPRs) protection in terms of its impact on innovation and technology transfer, as well as economic growth and welfare. This paper documents the...
Persistent link: https://www.econbiz.de/10009422009
So far no existing study has analyzed what determines people’s trust in the IMF, the World Bank, and the WTO even though – in the absence of democratic accountability – this is one of the few ways to assess the legitimacy of these institutions. This study is intended to fill this gap in...
Persistent link: https://www.econbiz.de/10009359939
national reform process; (ii) international trade arrangements and (iii) international financial stability. Our main finding is …. In the area of trade, gains from WTO accession were dwarfed by the impact of the opening of the EU trading block for … reason why CIS countries which got neither the EU accession perspective, nor even trade liberalization offer on the EU lag …
Persistent link: https://www.econbiz.de/10005789527
’s international trade within the context of Africa-EU partnerships agreements. The review of literatures shows that RoO are an … important element in determining the final benefit associated with the bilateral trade relationship under preferential trade … agreements. It notes that Africa-EU bilateral trade relations dates back to the Lome Conventions that gave preferential entry …
Persistent link: https://www.econbiz.de/10008636527
Trading blocks can help or hinder the liberalization of world trade. A determining factor is whether trade within the … block is organized around traditional comparative advantages, or around economies of scale. Regional free trade agreements … such as NAFTA can be a substitutes for global free trade when they are based on traditional comparative advantages; then …
Persistent link: https://www.econbiz.de/10005836870
Abstract The author argues in this chapter that trade liberalization in Africa during the last couple of decades has … led to de-industrialization, slow growth of GDP, low level of investment, growing trade deficits, particularly in food … trade liberalization in low-income countries in recent decades, he further refers to pitfalls in negotiations on NAMA in WTO …
Persistent link: https://www.econbiz.de/10005105702