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The China-Raw Materials dispute recently arbitrated by the WTO opposed China as defendant to the US, the EU and Mexico as claimants on the somewhat unusual issue of export restrictions on natural resources. For the claimants, Chinese export restrictions on various raw materials, of which the...
Persistent link: https://www.econbiz.de/10013046042
Small and large countries show divergent behavior in the dispute settlement process of the WTO. Disputes that involve larger economies are more likely to result in litigation. Moreover, in a dispute between a large country and a small country, litigation is more likely if the small country is...
Persistent link: https://www.econbiz.de/10014206680
There is widespread concern, especially in certain feminist circles, that a market-oriented economic system, or capitalism, disfavors women. This could take many forms, such as lower wages for the same type of work, reduced career opportunities, disparities in ownership and the upholding of...
Persistent link: https://www.econbiz.de/10014332166
This article describes the development of international trade blocs world wide from the 1950s till 2010. We updated the …
Persistent link: https://www.econbiz.de/10011554247
In international relations, short-run incentives for non-cooperation often dominate. Yet, (external) institutions for enforcing cooperation are hampered by national sovereignty, supposedly strengthening the role of selfenforcing mechanisms. This paper examines their scope with a focus on...
Persistent link: https://www.econbiz.de/10011374353
Because of concern that OECD tariff reductions will translate intoworsening export performance for the least developed countries, trade preferences haveproven a stumbling block to developing country support for multilateral liberalization.We examine the actual scope for preference erosion,...
Persistent link: https://www.econbiz.de/10011346487
economic policy. In our empirical analysis, based on an extensive dataset covering most of world trade, we find that GSP tends …
Persistent link: https://www.econbiz.de/10009751386
The WTO's plurilateral Information Technology Agreement (ITA) reduced tariffs to zero on many IT products. This paper presents a comprehensive study of its trade impacts by incorporating recent insights from both the global value chain (GVC) and time in trade literatures. Inserting tariffs...
Persistent link: https://www.econbiz.de/10010482005
to a substantial degree. It reveals that the world GDP effects will amount to US$ 49.9~186.2 billion (0.12~0.45%) and the …
Persistent link: https://www.econbiz.de/10013048243
Persistent link: https://www.econbiz.de/10009559067