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Blockchain technologies are beginning to push a broad array of global economic activities away from centralized and toward decentralized market structures. Governments should tackle the new regulatory conundrums of an increasingly disintermediated global economy by focusing on blockchain's...
Persistent link: https://www.econbiz.de/10012961405
Relative to the past policies of its Member States, will the European Union’s new comprehensive international investment policy constitute a step forward, a step backward, or a perpetuation of the status quo? Professor Reinisch’s contribution to this volume opens a wide window on the current...
Persistent link: https://www.econbiz.de/10014153572
Blockchain technologies hold the key to building an inclusive global digital economy that is auditably secure and transparently accountable to the world’s citizens. At a time when governments must fight to restore the public’s faith in cross-border economic cooperation, blockchains can play...
Persistent link: https://www.econbiz.de/10014122422
Most-favored nation (MFN) clauses are a hotly contested basis for jurisdiction in investment arbitration. This article categorizes the divergent approaches taken by 17 arbitral tribunals to date, revealing the major types of MFN clauses interpreted, the key types of MFN questions confronted and...
Persistent link: https://www.econbiz.de/10009148363
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This paper derives a Frankel-Romer instrument from a global trade matrix of 157 countries over the period 1990-2007, and deploys it to assess the relationship between international trade, domestic market potential, and income for the case of developing Asia, compared to the world average. The...
Persistent link: https://www.econbiz.de/10008826910
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The paper develops a method to map global networks of production sharing and processing trade. Relying on highly detailed bilateral trade data across a matrix of 75 countries, a network index gauges countries interdependence according to the extent of trade in parts and components for further...
Persistent link: https://www.econbiz.de/10009301878
The paper tabulates Myanmar's merchandise trade as reported by its partner countries, thereby circumventing the data constraints stemming from Myanmar's patchy trade records. It then estimates Myanmar's export potential, based on the bilateral export patterns observed for six other countries in...
Persistent link: https://www.econbiz.de/10009734207
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