In the 1870s and 1880s, the scientist, logician, and pragmatist philosopher Charles S. Peirce possessed an advanced knowledge of mathematical economics, having mastered and criticized Cournot as early as 1871. In 1884 he engaged in a multi-round debate with the editors of The Nation over the...

The Belt Road Initiative (BRI) suggested by China’s President Xi Jinping provides an ambitious vision encouraging a new level of cooperation among countries along several economic corridors spanning most of the Asian economies member of ESCAP. This paper reviews the trade and trade...

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...

Als Bestandteil der Weltwirtschaft sieht sich die deutsche Industrie drei Herausforderungen gegenüber. Erstens, der unilateralen Handelspolitik von "Trump 2.0" und ihre negativen Auswirkungen auf die globale Handelsordnung. Zweitens, der sinkenden globalen Nachfrage nach deutschen Exportgütern...

Globalization disrupted the seemingly solid construction emerged in the aftermath of WW II, called the international trade system. For over fifty years, the system grew constantly thanks to the increasing number of countries that joint it as well as to its ubiquitously-accepted rules. For better...

Condy Raguet (1784-1842) was the first Chargé d'Affaires from the United States to Brazil and a conspicuous author of political economy from the 1820s to the early 1840s. He contributed to the era's free-trade doctrine as editor of influential periodicals, most notably The Banner of the...

The first chairman of the U.S. Tariff Commission, Frank W. Taussig, expected the new body to put an end to “haphazard” and “irresponsible” management of trade policy. Reforming trade agreements was a top priority. In 1922, acting on the Commission’s weighty report, Reciprocity and...

This article addresses the relationship between the GATT, the European Community and other RTAs as and when trade in services and other 'new areas' are incorporated into the GATT framework. The article first discusses the conceptual justifications for RTAs (as an alternative to utopian global...

This chapter in a compendium on the World Trade Organization (WTO) examines the role of human values in the quest for coherence in the global governance of work and trade. I use the term "global governance" to refer to the system of international institutions, rules and processes that guide the...

The paper provides a detailed analysis of the current U.S. - Korea free trade agreement (FTA) negotiations. The currently negotiated U.S. - Korean FTA may offer a legal framework for economic integration between the United States and Korea in the sense that the FTA attempts to bring Korea's...