The compliance Appellate Body decision marks the latest twist in the long-running EC-Fasteners dispute. The question before the AB is whether the European Union complied with earlier rulings on its antidumping procedures. Broadly, the AB found that the EU had not, generally ruling in favor of...

For national and subnational governments, the pursuit of employment opportunities for their people constitutes a top imperative. Not only is the level of employment perhaps the foremost determinant of public sentiment about the health of an economy, but there is reason to think that employment...

In this paper we explore the substitutability of formal and informal property rights. We analyze new survey data from Ecuador, where households have both formal and informal claims to urban residential property. The latter come from a variety of sources, including the activity of a local boss,...

In this paper we explore the substitutability of formal and informal property rights. We analyze new survey data from Ecuador, where households have both formal and informal claims to urban residential property. The latter come from a variety of sources, including the activity of a local boss,...

Ample mutual misunderstanding exists between the United States and China in their economic arguments. There is likely to be an important race between economic and demographic forces that will naturally redress the imbalances and the political imperatives for each country to stand tough and fight.

The advancement of human civilization hinges on trade. As we swap our goods and our ideas with one another, we are propelled into ever-increasing prosperity.

This paper provides a rough test of a broad and prominent class of political economy of trade models and finds them wanting. The class features governments with weighted social welfare functions, including the prominent model of Grossman and Helpman. Whether the government is the single domestic...