The "Trade Policy Review Mechanism" passed within the framework of the Uruguay Round is intended to increase the transparency of national trade policies and to improve adherence to the rules of GATT. The following article offers a first evaluation of the new instrument.

International trade in services has not been governed by the GATT in the past. Opinion is divided over whether there is a real need for any separate agreement on services. The following article asks to what extent flows of goods and services can be properly separated in the first place, and...

Legal philosophers like Montesquieu, Hegel and Tocqueville have argued that lay participation in judicial decision-making would have benefits reaching far beyond the realm of the legal system narrowly understood. From an economic point of view, lay participation in judicial decision-making can...