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This article introduces an analytical framework for the study of labour standards in trade and compares and contrasts the approaches of the United States and the European Union in introducing a social clause in their Generalized Systems of Preferences. It explores the distinctive characteristics...
Persistent link: https://www.econbiz.de/10014026746
This paper unpacks the role of the domestic content of imports as a novel source of policy interdependence along the global supply chain. We show how a rise in local contents embodied in imports can skew national trade policy preferences, and pull upstream and downstream countries in asymmetric...
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Two issues stand out in this conversation. The first concerns the unfinished business of the global fight against the scourge of poverty, which impacts one region more than most: Africa. At the same time, a key pre-requisite for economic performance - affordable and efficient public...
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This paper examines the Association Agreement between the EU and six Member States of the Sistema de la Integración Centroamericana (SICA), in particular Part IV of the Agreement (trade). More specifically, the paper is concerned with the repetition and reinforcement of WTO norms in the...
Persistent link: https://www.econbiz.de/10013079122
We provide a synthesis of the theoretical models that study the use of escape clauses, also known as safeguards, in multilateral and preferential trade agreements. We consider models that explain this type of flexibility based on economic efficiency, political economy shocks, and...
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