Governments increasingly are seeking to use bilateral and regional trade agreements to reduce the cost-increasing effects of differences in product market regulation. They also pursue regulatory cooperation independent of trade agreements. It is important to understand what is being done through...

This paper reviews the most significant recent developments in the theory of trade agreements. The paper offers an integrated approach to evaluating trade agreements, and uses the approach to present results on preferential and multilateral trade agreements. The paper identifies also several...

This timely book examines international trade and investment law at various levels of governance, including unilateral, bilateral, regional, and multilateral arrangements. The author demonstrates that the nature of international trade law is fragmented and cyclical. Whilst not always...

Brazil is currently immersed in the project of building a new common market, known as MERCOSUR, with its neighbors Argentina, Uruguay and Paraguay. It has largely been assumed that this project will produce economic growth and therefore be beneficial for the environment. However, this assumption...

WTO panels have not been called upon to resolve overly complex corporate law issues to date. However, the range of legal and economic relationships among corporate entities, and the varied situations in which such relationships may be relevant to the rights and obligations of Members under the...

Five great attempts have been made to achieve a true international harmonization of competition law in the twentieth century. None has been successful. Despite the failures of the League of Nations, the International Trade Organization (ITO), the Economic and Social Council of the United...

A revised and updated version of this paper will appear in a forthcoming special issue of the Journal of World Investment and Trade. This paper argues that theoretical understandings of backlash against international investment law and arbitration can benefit from examining analogous dynamics in...

This paper examines the European Union's changing perspective on globalization, reflecting a shift from its traditionally open, rules-based trade policy. The rise of internal protectionist measures, coupled with increasing economic insularity in the US and China, are challenging this policy. The...

Российскую версию этой статьи можно найти в: http://ssrn.com/abstract=3941743 The EFSD Chief Economist Group continues the series of working papers on global financial safety net (GFSN) functioning. This working paper provides the analysis how the GFSN...

Using an econometric shift-share decomposition, we explain the redistribution of world market shares at the level of the product variety and by technological content. We decompose changes in market shares into structural effects (geographical and sectoral) and a pure performance effect. We...