Energy security is a burning issue in a world where 1.4 billion people still have no access to electricity. This pioneering book is about finding solutions for energy security through the international trading system. Focusing mainly on the European Union (EU) as a case study, this holistic and...

This article analyzes European Union-China trade relations in the context of the current negotiations for a new comprehensive framework agreement between the European Union (EU) and the People’s Republic of China. China is a strong economic power with increasingly sophisticated production in...

January 2009 brought a stark reminder of the perils of European dependence on Russian natural gas. A cutoff of supplies connected in part to a pricing dispute between Russia and Ukraine, the crucial transit country for much of Russia’s gas, left millions of Europeans without heat and forced...

This is a research project by ten Austrian scientists under the supervision of Stefan Griller and Birgit Weidel. The project tackles a complex binomial area of law and international relations, i.e., the European Union's (EU) foreign and external economic relations, where there is a very vast...

With the creation of the World Trade Organization (WTO) in 1995, the pyramidal design of the international trading system placed multilateralism at the top of the pyramid, regionalism/bilateralism in the middle, and the domestic trade and economic policies of WTO Member States at the bottom of...

This paper argues that there remains substantial scope for emerging markets in general - and for India in particular - to make further commitments towards greater liberalization within the services sectors and within all modes of supply provided in the General Agreement on Trade in Services...

In the context of a current global economic crisis and an unfinished World Trade Organization (WTO) Doha Round, multilateralism is at its weakest point. The proliferation of bilateral and regional trade agreements seems to be the natural consequence of failed multilateralism. In this difficult...

The European Union-China relationship is one of the most important and least understood relationships in the world today. Where there used to be cooperation between the Chinese and the Europeans, competition has now emerged. This paper aims at understanding the potential of a trade partnership...

This paper develops a new methodology to estimate the effect of low-wage import competition on U.S. producer prices. We first document that when low-wage countries grow, their exports to the United States increase most in labor-intensive sectors. Second, we demonstrate that the temporary and...