Inclusivity is perhaps the single most important human need to facilitate and demonstrate fairness for all members in an open and free society. When this principle need is compromised by appearances of unscrupulous self-interested privileged elites to perpetuate a systemic widening disparity...

This paper explores the various non-tariff measures (NTMs) that co-exist in China and that directly influence imports into the country. Given the intensity and scope of technical measures imposed by China, the directional impacts of technical barriers to trade (TBTs) on bilateral ASEAN-China...

I present a new stylized fact from a large sample of countries for the period 2000-2006: bilateral foreign direct investment (FDI) flows are almost never observed in the absence of bilateral trade flows. I document a similar pattern using bilateral foreign affiliate sales (FAS), aggregating them...

This paper explores the impact of non-tariff measures (NTMs) on Malaysian exports to the markets of the European Union (EU), Japan and the Association of Southeast Asian Nations (ASEAN), spanning the period 2000-2009. The empirical findings reveal the presence of a dual effect of NTMs on...

We build into a Ricardian model the role of trade in intermediate inputs, sectoral linkages and differing productivity levels across sectors. We also propose a method to estimate sectoral trade elasticities. In our model, the trade effects due to overall tariff reductions account for most of the...

A home-bias in public purchases can have non-trivial efficiency effects, especially in times of crises. Using unexplored Japanese and Swiss public procurement data over 1990-2003, we examine the presence of a home-bias by controlling for the effect of macroeconomic, political economy,...

This paper documents the steady decline in Central Asia’s intra-regional trade since the mid-1990s, defying the 3-fold increase in overall trade from 1996 to 2005. Estimations of potential trade using gravity model confirm that the Central Asian countries, relative to their level of income and...

This paper argues that the inherent powers of ICSID Tribunals are broad both in prescriptive terms and have been descriptively treated as such in arbitral decisions and State practice. The argument will be presented in three steps. First, a brief overview of the nature of inherent powers in...

The Appellate Body’s ruling in United States – Definitive Anti-Dumping and Countervailing Duties, filled another important gap in the porous textual languages of the WTO Agreements, rectifying dangerously abusive trade remedy practices in the WTO system. This laudable effort, however, raises...

While exports within NAFTA face a lower hazard of ceasing, its onset has increased the hazard for Mexican and U.S. intra NAFTA exports. Intra NAFTA exports still enjoy a lower hazard relative to exports to non--members. While NAFTA did affect the hazard for Canada's exports in the short run, its...