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Economic theory has made considerable progress in explaining why sovereign countries cooperate in trade. Central to most theories of trade cooperation are issues of self-enforcement: The threat of reprisal by an aggrieved party maintains the initial balance of concessions and prevents...
Persistent link: https://www.econbiz.de/10014048301
non-services areas as well? In this paper we investigate the presence of reciprocity in bilateral services agreements, by … concessions given and received by 36 WTO Members in 40 services PTAs. Results reveal the presence of reciprocity at the product … goods trade). Reciprocity is stronger in agreements between developed countries. The findings provide insights into …
Persistent link: https://www.econbiz.de/10010326799
This paper maps the provisions on anti-dumping, countervailing duties and safeguards in seventy-four regional trade agreements. The key concern of the paper is that the elastic and selective nature of trade remedies may lead to more discrimination, with reduced trade remedy actions against RTA...
Persistent link: https://www.econbiz.de/10014223676
Economic theory has made considerable progress in explaining why sovereign countries cooperate in trade. Central to most theories of trade cooperation are issues of self-enforcement: The threat of reprisal by an aggrieved party maintains the initial balance of concessions and prevents...
Persistent link: https://www.econbiz.de/10010326684
The paper discusses the experience to date with the implementation and application of the General Agreement on Trade in Services (GATS), some ten years after its entry into force. One striking observation is the smooth functioning of the Agreement, which has created far less tensions and...
Persistent link: https://www.econbiz.de/10010330155
In the last ten years, there has been a sea change in trade and related policies in emerging markets. This results from autonomous reforms undertaken in conjunction with macro-economic stabilization programmes. Many non-tariff measures have been eliminated and tariffs, now the principal trade...
Persistent link: https://www.econbiz.de/10010330165
Non-transparency is a term given in this paper to a set of government policies that increase the risk and uncertainty faced by economic actors foreign investors. This increase in risk and uncertainty stems from the presence of bribery and corruption, unstable economic policies, weak and poorly...
Persistent link: https://www.econbiz.de/10010330172
Competition policy, today, is an essential element of the legal and institutional framework for the global economy. Whereas decades ago, anti-competitive practices tended to be viewed mainly as a domestic phenomenon, most facets of competition law enforcement now have an important international...
Persistent link: https://www.econbiz.de/10011936267
This paper studies the under-explored yet critical role of WTO's regular bodies, particularly focusing on the discussions of "trade concerns" within the Goods Council, its subsidiary bodies, as well as the General Council. These discussions are pivotal for the governance of international trade...
Persistent link: https://www.econbiz.de/10014547793
In this paper we provide some evidence of the common claim that STCs improve transparency and monitoring as well as help mitigate trade conflicts. We analyse the content of 555 STCs raised in the TBT committee in the period 1995-2018. We find that: (i) STCs are used to acquire new and higher...
Persistent link: https://www.econbiz.de/10012215444