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This paper discusses allocation of burden of proof in environmental disputes in the WTO system. Besides laying down the natural principles that (i) the complainant carries the burden to (ii) make a prima facie case that its claim holds, WTO adjudicating bodies have said little of more general...
Persistent link: https://www.econbiz.de/10010320268
Central banks have been made more independent in many countries. A common rationale has been the existence of a credibility (or lack-of-trust) problem for monetary policy. This indicates a possible and until now unexplored link between social trust and central-bank independence. Our empirical...
Persistent link: https://www.econbiz.de/10010320270
Using panel data from more than 100 countries around the world from 1988 through 2007, this paper examines the … developed by Dreher (2006) and the World Bank poverty estimates. Using a fixed-effect panel based on five-year averages and …
Persistent link: https://www.econbiz.de/10010320297
Relying on Forbes Magazine annual rankings for two decades, 1625 billionaires and their countries of birth and residence are identified, most of whom are self-made entrepreneurs. 13 percent of billionaires reside in a country other than that of their birth. Migration is linked to distance, to...
Persistent link: https://www.econbiz.de/10010320317
general equilibrium model of the world which has externalities: each country invests in TFP and internalizes the dynamic … effects of its own investment, while treating other countries' investments as given. Average world growth is endogenous, as is …-run differences in TFP levels and that, in the long run, the world distribution of TFP across countries may be asymmetric, i.e., twin …
Persistent link: https://www.econbiz.de/10010320350
In this paper we use newly compiled top income share data to estimate common breaks and trends across countries over the twentieth century. By using the most re-cent structural breaks techniques, our approach both confirms previous notions and offers new insights. In particular, the division...
Persistent link: https://www.econbiz.de/10010320368
Since the sinking of the Titanic, there has been a widespread belief that the social norm of 'women and children first' gives women a survival advantage over men in maritime disasters, and that captains and crew give priority to passengers. We analyze a database of 18 maritime disasters spanning...
Persistent link: https://www.econbiz.de/10010320375
The Dispute Settlement (DS) system is a central feature of the World Trade Organization (WTO) Agreement. This …
Persistent link: https://www.econbiz.de/10010320413
Persistent link: https://www.econbiz.de/10010320461
This paper argues that the unprecedented acceleration of growth in the developing world in the new millennium in …
Persistent link: https://www.econbiz.de/10010320466