Showing 91 - 100 of 233
Over the WTO years, the frequency of disputes and court rulings has trended downwards. Such trends are sometimes … offer evidence that the predictions of our model are consistent with WTO trade dispute data, and we take a first step …
Persistent link: https://www.econbiz.de/10012453937
Persistent link: https://www.econbiz.de/10012631498
question, providing detailed coverage on three key design features of the GATT/WTO: reciprocity, nondiscrimination as embodied … GATT/WTO, and we argue that an economic perspective can go a long way toward revealing a consistent logic to the inclusion …
Persistent link: https://www.econbiz.de/10012996393
Over the WTO years, the frequency of disputes and court rulings has trended downwards. Such trends are sometimes … offer evidence that the predictions of our model are consistent with WTO trade dispute data, and we take a first step …
Persistent link: https://www.econbiz.de/10012948085
The WTO has delivered policy outcomes that are very different from those likely to emerge out of the recent wave of … preferential trade agreements (PTAs). Should economists see this as an efficient institutional hand-off, where the WTO has carried … economics literature on international trade agreements and argue on this basis that the WTO is not passé. Rather, and subject to …
Persistent link: https://www.econbiz.de/10013020207
We provide a simple but novel model of trade agreements that highlights the role of transaction costs, renegotiation and dispute settlement. The model allows us to characterize the appropriate remedy for breach and whether the agreement should be structured as a system of "property rights" or...
Persistent link: https://www.econbiz.de/10012463189
We consider the purpose and design of the World Trade Organization (WTO) and its predecessor, GATT. We review recent … developments in the relevant theoretical and empirical literature. And we describe the GATT/WTO architecture and briefly trace its … central features of the design and practice of the GATT/WTO, and we identify key unresolved issues …
Persistent link: https://www.econbiz.de/10012463204
acquire private information over time. In this context, we provide equilibrium interpretations of GATT/WTO negotiations … regarding upper bounds on applied tariffs and GATT/WTO escape clauses. We find that governments achieve greater welfare when … also provides a novel interpretation of a feature of the WTO Safeguard Agreement, under which escape clause actions cannot …
Persistent link: https://www.econbiz.de/10012467700
International disputes over subsidies are increasingly disrupting the world trading system. The creation of the WTO was … agricultural subsidies, an issue which continues to plague the ongoing Doha Round of WTO negotiations. Ongoing disputes over … subsidies that violate existing WTO rules have led to the largest amount of authorized retaliation in GATT/WTO history. Yet the …
Persistent link: https://www.econbiz.de/10012468402
The WTO has delivered policy outcomes that are very different from those likely to emerge out of the recent wave of … preferential trade agreements (PTAs). Should economists see this as an efficient institutional hand-off, where the WTO has carried … economics literature on international trade agreements and argue on this basis that the WTO is not passé. Rather, and subject to …
Persistent link: https://www.econbiz.de/10012457364