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Almost eight years after the launch of the Doha Round, the WTO negotiations remain mired in a swamp of detail, with many participants unwilling or unable to make the hard decisions which would bring the Round to a conclusion. Meanwhile, the world has changed dramatically with the onset of a...
Persistent link: https://www.econbiz.de/10011790328
Almost eight years after the launch of the Doha Round, the WTO negotiations remain mired in a swamp of detail, with many participants unwilling or unable to make the hard decisions which would bring the Round to a conclusion. Meanwhile, the world has changed dramatically with the onset of a...
Persistent link: https://www.econbiz.de/10003900787
In recent years we have witnessed the crisis in the multilateral trading system, primarily because of the inability of the Doha Development Agenda to produce results after 17 years of negotiations. The reasons are complex large number of participants in these negotiations which complicates...
Persistent link: https://www.econbiz.de/10013309117
The paper argues that United States (US) participation in the East Asia Summit (EAS) - regional integration architecture led by the Association of Southeast Asian Nations (ASEAN) - was motivated by four changes in the regional economic landscape: (i) the Asian financial crisis of 1997 and...
Persistent link: https://www.econbiz.de/10010397318
Most existing commitments are confined to guaranteeing the levels of access that existed in the mid-1990s, when the Agreement entered into force, in a limited number of sectors. The only significant exceptions are the accession schedules of recent WTO Members and the negotiating results in two...
Persistent link: https://www.econbiz.de/10003806065
The paper argues that United States (US) participation in the East Asia Summit (EAS) - regional integration architecture led by the Association of Southeast Asian Nations (ASEAN) - was motivated by four changes in the regional economic landscape: (i) the Asian financial crisis of 1997 and...
Persistent link: https://www.econbiz.de/10009558517
Are trade facilitation measures under free trade agreements (FTAs) discriminatory? This important question has yet to be sufficiently explored by the existing literature on trade facilitation. Despite the multilateral scope and non-discriminatory objectives of trade facilitation measures, some...
Persistent link: https://www.econbiz.de/10011283434
To date, government procurement has been effectively carved out of the main multilateral rules of the WTO system. This paper examines the systemic and other ramifications of this exclusion, from both an economic and a legal point of view. In addition to relevant elements of the WTO Agreements,...
Persistent link: https://www.econbiz.de/10010430680
The paper explores the role of the gravity variables in explaining the FTA-s formation. We develop a new theoretical benchmark for the use of the gravity equation modeling them as fixed resources in the budget constraint of the Nash equilibrium definition of an FTA. We show the existence of an...
Persistent link: https://www.econbiz.de/10013073303
The paper discusses the role of regional public goods vs. global goods in influencing postcommunist transition in Central and Eastern Europe and former USSR with special attention given to three particular factors: (i) external anchoring of national reform process; (ii) international trade...
Persistent link: https://www.econbiz.de/10012722571