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I propose a framework within which to interpret and evaluate the major reforms introduced to the GATT system in its transition to the WTO. In particular, I examine the WTO Agreement on Safeguards that has replaced the GATT escape clause (Article XIX), and the Dispute Settlement Process (DSP)...
Persistent link: https://www.econbiz.de/10014200592
The paper discusses the efforts deployed by various players, mainly multilateral financial institutions, regional development banks, export credit agencies, to mobilize greater flows of trade finance for developing countries, with a view to help them integrate in world trade. As an institution...
Persistent link: https://www.econbiz.de/10014220817
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/10014048301
This paper provides an overview of institutional, economic and legal aspects of the relationship between national environmental policies and the multilateral trading system. In particular, it analyses some of the difficulties the WTO Dispute Settlement System faces when having to evaluate...
Persistent link: https://www.econbiz.de/10014058384
The GATS does not offer a definition of "services", but services need to be identified and classified for the operation … the determination of sectoral coverage of GATS commitments. However, services classification does not receive enough … "new services". Section III considers the implications of classification on GATS commitments by examining a number of WTO …
Persistent link: https://www.econbiz.de/10011412106
The General Agreement on Trade in Services (known as the GATS) is an important new element in the international …
Persistent link: https://www.econbiz.de/10010326685
This paper examines the impact of telecommunications liberalization in Africa on both sectoral performance and economic growth. Besides unilateral measures, we account for WTO commitments fostering the credibility of reforms. Actual regulatory quality plays a major role in bringing down prices...
Persistent link: https://www.econbiz.de/10010326687
The concept of like services and service suppliers used in the General Agreement on Trade in Services (GATS) is still … under the GATS are vague concerning the criteria which should be used to establish likeness. Discussions among WTO Members … determination of likeness under the GATS gives rise to a wider range of questions – and uncertainties – than under the GATT. The …
Persistent link: https://www.econbiz.de/10010326688
There are various conceivable links between services liberalization and poverty reduction, including the efficiency effects associated with increased competition in intermediate (infrastructural) services, income transfers generated by workers moving abroad, or the mobilization of private...
Persistent link: https://www.econbiz.de/10010326689