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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
This chapter surveys empirically the broad features of trade policy in goods for 31 major economies that collectively represented 83% of the world's population and 91% of the world's GDP in 2013. We address five questions: Do some countries have more liberal trading regimes than others? Within...
Persistent link: https://www.econbiz.de/10014023444
for over 60 per cent) in this period. The effect of tariff liberalization on trade growth is analyzed empirically using … Tariffs and Trade/World Trade Organization system in trade liberalization; however, it underlines the importance of a … formalized multilateral trading system, not so much for tariff liberalization, but for building a virtuous process of …
Persistent link: https://www.econbiz.de/10013111098
We provide a synthesis of the theoretical models that study the use of escape clauses, also known as safeguards, in multilateral and preferential trade agreements. We consider models that explain this type of flexibility based on economic efficiency, political economy shocks, and...
Persistent link: https://www.econbiz.de/10014023452
be improved to provide for further trade liberalization of ICT (information and communications technology) goods. The ITA …
Persistent link: https://www.econbiz.de/10011618870
Two issues stand out in this conversation. The first concerns the unfinished business of the global fight against the scourge of poverty, which impacts one region more than most: Africa. At the same time, a key pre-requisite for economic performance - affordable and efficient public...
Persistent link: https://www.econbiz.de/10010426539
The Brazil-Taxation dispute concerns the complaints taken to the World Trade Organisation by the European Union and Japan against seven different Brazilian industrial subsidy programmes. One concerned the automotive sector and represents a clear case of policies dictated by strong domestic...
Persistent link: https://www.econbiz.de/10012119943
This article discusses the place of both the World Trade Organization (WTO) and the Energy Charter Treaty (ECT) and their role in global energy governance in the light of the fragmentation debate roughly twenty years after their establishment. The Energy Charter Secretariat (ECS), the...
Persistent link: https://www.econbiz.de/10012952517
The World Trade Organization cannot deal comprehensively with restrictive export practices maintained by energy cartels such as the OPEC. The main reason for this is the absence of competition rules in the multilateral trading system. However, in spite of the fact that the WTO does not have...
Persistent link: https://www.econbiz.de/10012968798
Local content measures have proliferated and become a popular tool for governments to incentivize national industry. This article sets out a typology of such measures and analyses the legality of the different types of measures under WTO Law. Questions arise not only with respect to national...
Persistent link: https://www.econbiz.de/10013023923