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We first provide a brief critique of the utilitarian principle as a guide to fairness in the world trading system. We … then turn to the alternative conception of fairness in terms of economic equity, exploring the meaning of its two … reciprocity that have to be met in order to realize greater fairness in multilateral trade negotiations. Next, we comment on …
Persistent link: https://www.econbiz.de/10013128622
The idea of fairness is a recurrent one in international economic law and relations. By and large, however …. This article proposes a theory of fairness as part of a broader theory of justice, suggesting that fairness is a part, but … not the whole, of justice. Rather, justice may be thought of as a combination of equality plus fairness (i.e. justice …
Persistent link: https://www.econbiz.de/10014164759
In the public debate on taxation, fairness has become a prominent issue over the past few years. In the 1950s legal … philosophers have developed a definition of the principle of fairness which focuses on the relationships between tax payers and the … expectations they have of each other. It is this concept of fairness which seems to be dominant in the current public debate on …
Persistent link: https://www.econbiz.de/10013027445
sought new ways to regulate labour standards and advance goals of fairness and social justice. Governments are harnessing …
Persistent link: https://www.econbiz.de/10014152613
sought new ways to regulate labour standards and advance goals of fairness and social justice. Governments are harnessing …
Persistent link: https://www.econbiz.de/10014152615
In 2020, EU companies imported intermediate products worth 2.4 trillion euros, which made up more than half of total merchandise imports of the EU. Compared to the pre-crisis year 2019, imports of intermediates decreased by 13 percent, partly driven by the lower fuel prices. A detailed analysis...
Persistent link: https://www.econbiz.de/10012804228
This paper traces the evolution of the global trading system from the 19th century to the present-day GATT/WTO arrangements, calling attention to the key roles of reciprocity and non-discrimination and taking note of how the system is now challenged by the new paradigm of global market...
Persistent link: https://www.econbiz.de/10013128620
Depoliticisation of investment dispute settlement is considered to be one of the principal reasons and advantages of investor-State arbitrations. This paper considers the added value that the depoliticisation vocabulary brings to the resolution of modern challenges. First of all, equating...
Persistent link: https://www.econbiz.de/10013135618
The case study of investment treaty arbitration provides an opportunity to examine whether and how the invocation of responsibility by a non-state actor has affected secondary rules of state responsibility. This article takes the analytical perspective of investors, capable of being perceived as...
Persistent link: https://www.econbiz.de/10013064265
The general rules of the multilateral system cover trade in energy, although they are arguably not designed to specifically tackle major issues pertinent for energy trade. The traditional focus of GATT has been market access of domestic manufactured products abroad rather than access to foreign...
Persistent link: https://www.econbiz.de/10013069673