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Ethiopia is one of the eight least developed countries (LDCs) that are currently in the process of accession to the WTO. Despite pursuing WTO membership for the past twelve years, the country is still nowhere near joining the global trade body. Progress in the accession process is held back by a...
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The multilateral rules on subsidies have come under intense scrutiny in the wake of rising trade disputes over renewable energy subsidies. The sudden surge in the number of trade disputes and countervailing duty actions against renewable energy support programs has raised concerns that the...
Persistent link: https://www.econbiz.de/10012953065
Over the past few years, renewable energy subsidies have become one of the main sources of trade disputes in the WTO. A total of six cases have been initiated against renewable energy subsidy programs since the first of such disputes was brought by Japan against Canada's Feed in Tariff (FIT)...
Persistent link: https://www.econbiz.de/10012957931
This article examines, from a law and economics perspective, the interpretation of the pari passu clause by the U.S. Circuit Court in NML Capital v. Republic of Argentina. In its controversial ruling, the Circuit Court held that the pari passu clause contained in Argentina's 1994 Financial...
Persistent link: https://www.econbiz.de/10012969575
Over the past few years, renewable energy subsidies have become one of the main sources of trade disputes in the WTO. A total of six cases have been initiated against renewable energy subsidy programs since the first of such disputes was brought by Japan against Canada's Feed in Tariff (FIT)...
Persistent link: https://www.econbiz.de/10013032081
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Fossil-fuel subsidies are economically inefficient and harmful for the environment yet efforts to phase them out at the national and international levels have not been effective. The existing international legal framework is too weak and fragmented to support this process and an international...
Persistent link: https://www.econbiz.de/10014128057