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Nuclear weapons and language - is there a connection? Linguistics is an established science, but what has it got to do with nuclear weapons? This article was inspired by several international disarmament negotiations where I noticed that diplomats work in a communicative reality related to the...
Persistent link: https://www.econbiz.de/10011112857
The aim of this short article is to provide elements for a general discussion on peace economics and its potential contribution to economics and economic policy. I first present a discussion on deterrence equilibria and consequent allocation of resources. Eventually I expound five economic...
Persistent link: https://www.econbiz.de/10011113258
Economic theory has made considerable progress in explaining why sovereign countries cooperate in trade. Central to most theories of trade cooperation are issues of self-enforcement: The threat of reprisal by an aggrieved party maintains the initial balance of concessions and prevents...
Persistent link: https://www.econbiz.de/10011115011
We examine how theoretical and quantitative economic analysis has and can be used in this stage of the DSU process. First, we identify, characterize, and categorize the major classes of disputes e.g., those affecting import protection versus export promotion and use the Bagwell and Staiger...
Persistent link: https://www.econbiz.de/10011115044
Rising current account and merchandise trade imbalances marked the years before the global financial and economic crisis. These imbalances either contributed to or precipitated the crisis and to the extent that they create systemic risks, it is desirable that they be reduced. There are many...
Persistent link: https://www.econbiz.de/10011115065
Commitments in regional trade agreements (RTAs) that fall short of the same countries' obligations under the General Agreement on Trade in Services (GATS) are a relatively frequent phenomenon. However, they have gone widely unnoticed in the literature to date and drawn very little attention in...
Persistent link: https://www.econbiz.de/10011115134
with the introduction of the DSP, in order to maintain the incentive-compatibility of trade agreements. The model implies … payoffs to the governments. The model also implies that the introduction of the WTO court, which has no enforcement power, can …
Persistent link: https://www.econbiz.de/10011115151
The WTO's Dispute Settlement Mechanism (DSM) has been hailed as a fundamental aspect of the Multilateral Trading System for developing countries. At the same time developing countries face many challenges to ensure their effective participation in the mechanism. This paper presents statistical...
Persistent link: https://www.econbiz.de/10011115157
Although Italy was amongst the most enthusiastic founding members of the European Economic Community in 1957, the Italian capacity to respect the imperatives of European integration could not, and, still, cannot, be given for granted, as the recent sovereign debt crisis demonstrates. Apart from...
Persistent link: https://www.econbiz.de/10011115700
Political conflicts causing diplomatic tension and political unrest rarely escalate into direct violence or war. This paper identifies the financial effects of such non-violent political tension by examining Taiwan’s sovereignty debate. Non-violent events harming the relationship with mainland...
Persistent link: https://www.econbiz.de/10011160753