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regulation under the General Agreement on Tariffs and Trade (GATT) and the World Trade Organization (WTO), and critically … trade medium of today, but very likely the future. Already more than half of world trade is conducted under bilaterals …. They could render MFN the least favored status in world trade. Such an outcome would be especially harmful to the world …
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The paper provides an overview of the potential social, economic and environmental impacts of an EU-Libya FTA as gauged by the EU-Libya Trade Sustainability Impact Assessment (SIA). The main potential benefits to both the EU and Libya from the proposed trade agreement come from closer...
Persistent link: https://www.econbiz.de/10014184843
This paper argues that China’s attitude to multilateral trade is unclear. Moreover, China assumes little responsibility to maintain international order in global economic governance. Furthermore, this paper argues that China should hide less behind the status of a developing country and stand...
Persistent link: https://www.econbiz.de/10014177095
The WTO has not been able to recover since the collapse of the Doha Round in July 2008. Several ministerial conferences including the Buenos Aires meeting in December 2017 failed to reach agreement. The US Trump Administration launched a campaign to reform the WTO in 2018 and 2019. This book...
Persistent link: https://www.econbiz.de/10012429727
The sheer size of the EU and US economies combined suggests substantial economic benefits from eliminating tariffs, reducing the costs of regulatory divergence, and deepening cooperation. Estimating these gains is difficult: uncertainty concerning modelling choices, data, and scenarios looms...
Persistent link: https://www.econbiz.de/10011458577
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How did the phenomenon of amici curiae submissions arise in WTO and NAFTA dispute settlement? The rules did not expressly contemplate submissions by non-state actors or participation by them, but the Appellate Body and panels developed case-by-case authority for admitting them. Amici curiae...
Persistent link: https://www.econbiz.de/10014176186
World Trade Organization (WTO). The rejection of direct effect of WTO law and jurisprudence by the Court of Justice of the …
Persistent link: https://www.econbiz.de/10012825451