This paper discusses the normative foundation of a global competition regime. It asks: What kind of normative values do we need? What objectives ought we to pursue? Why value economic competition at such a tough time as this? Are the disputes on these issues in the US and EU jurisdictions likely...

Standard political economy analysis suggests that, in China and India, as in other countries, domestic producers interested in protection would be able to overcome domestic consumers interested in inexpensive goods without the political intervention of domestic producers interested in promoting...

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This paper integrates in a unified and tractable framework some of the key insights of the field of international trade and economic growth. It examines a sequence of theoretical models that share a common description of technology and preferences but differ on their assumptions about trade...