Preventing trade wars is a key function of the WTO rule-based system. But as the United States and China waged the largest trade war in history, the WTO sat on the sidelines, unable to do anything to stop the fight. Why has the system failed so spectacularly? In a search for answers, this...

As part of its Green Deal, the European Commission is considering the introduction of border carbon adjustments and alternative measures. The measures, which would primarily apply to basic materials like steel and cement, pursue a double objective: they are aimed at enhancing the effectiveness...

The success of GATT negotiations in lowering tariff barriers worldwide has shifted attention to the use of domestic policies as a secondary trade barrier, raising the question of how to deal with domestic policies within an international trade agreement. Currently, no theoretical basis exists...

This paper analyzes empirically whether the ratification of the Convention on the Elimination of All Forms of Discrimination against Women (CEDAW), advocating the multiple dimensions of women's rights, affects the level of women's rights in a country. Measuring commitments to the CEDAW based on...

As the global economic downturn from the coronavirus worsens, many sovereign debtors will have to choose between paying creditors and fighting the virus. As of this writing in May 2020, official sector creditors have taken steps to grant relief to the poorest nations, but there is little sign...