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This paper argues that GSP labour rights conditionality is in conformity with WTO law. This hinges on the critical question of whether the realisation of labour standards can meet a ‘development need,' a term considered by the WTO Appellate Body report in the EC – Tariffs Preferences case,...
Persistent link: https://www.econbiz.de/10013104596
This intends to be a very “empirical” paper. We want to let the facts (legal facts, but facts nevertheless) speak by themselves. We simply present them in an organized way and limit to the minimum our own comments. The overall objective is to show, “by getting the legal facts right”,...
Persistent link: https://www.econbiz.de/10014168424
The purpose of this study is twofold. The first is to develop a new composite index of globalization based on data on … effects of globalization on economic growth and income inequality. The index comprises 25 indicators that represent the key … integration in the construction of the globalization index. The results show that although globalization promotes economic growth …
Persistent link: https://www.econbiz.de/10012030661
Over the past decade, geopolitical developments - and the policy responses to these by major economies around the world …
Persistent link: https://www.econbiz.de/10014248552
Persistent link: https://www.econbiz.de/10001321639
It has been over one year since the invasion of Russia into Ukraine in February 2022. Several sanctions were applied, and its effects on the global economy in general, and Russian and Ukrainian economy in particular were serious. This aims to review the economic impacts of Russia and Ukraine war...
Persistent link: https://www.econbiz.de/10014358686
investigate the transmission of a global financial crisis that originates from financial frictions in the rest of the world. We …
Persistent link: https://www.econbiz.de/10013088405
We study whether financial openness facilitates the economic integration of formerly centrally planned economies with the EU-15. Two dimensions of economic integration are considered: cross-country convergence of per-capita incomes and bilateral trade in goods and services. We find that more...
Persistent link: https://www.econbiz.de/10010284651
This paper describes in detail the methodology currently used by the European Central Bank (ECB) to determine the nominal and real effective exchange rate indices of the euro. Building on the work of Buldorini et al. (2002), it shows how the ECB's techniques for calculating effective exchange...
Persistent link: https://www.econbiz.de/10013113993
State capitalism is reemerging today. Some governments, notably newly emerging economies such as China and Russia and oil producing countries in the Middle East are placing much emphasis on state-led economic development, and they are making much use of state-owned enterprises (SOEs) to achieve...
Persistent link: https://www.econbiz.de/10013103941