We propose a novel theory of financial contagion. We study global coordination games of regime change in two regions … attacks, bank runs and debt crises, our theory of contagion is supported by existing evidence and generates a new testable …

An important recent World Trade Organization dispute settlement case for many developing countries concerned European … being used to cover losses associated with exports of sugar to the world market. Although in principle the economic …

by the World Trade Organization or regional trade agreements, especially the European Union, but an increasing number of …

as a result affect world prices for the specific products concerned. Market failures and market structures (market power …

Crash. Theory suggests several hypotheses for why it was not in the interest of many firms to lobby for protection …. World Trade Organization disciplines raise the cost of using trade policies for member countries and have proved to be a …

This paper summarizes the major arguments and proposals to reform the modus operandi of the World Trade Organization … internal and external transparency of World Trade Organization processes. Some proposals for structural reform ignore incentive … constraints and the fact that the World Trade Organization is an incomplete contract that must be self-enforcing. Others -- such …

place the preconditions for future market opening. The second proposal is for a new approach to negotiations in the World …

the subset of the literature focusing on trade policy and integration into the world economy. Although in the longer run …