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This paper assembles detailed information on the market access provisions in trade in goods contained in 192 active regional trade agreements (RTAs) notified to the WTO as of November 2010. Although market access provisions in trade in goods in RTAs have been addressed in a number of studies,...
Persistent link: https://www.econbiz.de/10014163884
Trade regulation may never have been in more flux than it is now. Other than the emergence of ‘megaregionals' (such as the Transatlantic Trade and Investment Partnership-TTIP or the Trans-pacific Partnership-TPP) and the difficulties in finalizing the Doha Development Agenda, increased...
Persistent link: https://www.econbiz.de/10013022797
As Japan's longest serving Prime Minister, Shinzo Abe brought political stability to Japan and regional and global leadership on trade and economic diplomacy at a time of great uncertainty. Japan navigated a more assertive China and a USA in retreat from global leadership. Abe led the conclusion...
Persistent link: https://www.econbiz.de/10013220731
From 1990 to 2010, free trade helped a billion people lift themselves out of extreme poverty. But the pace of liberalisation has since slowed and protectionism is back in fashion. Fortunately, Brexit provides a golden opportunity for the UK to become a global champion of free trade again. This...
Persistent link: https://www.econbiz.de/10013224291
Withdrawal from the EU must mean regulatory autonomy for the United Kingdom – sovereignty over its regulations. This reflects the democratic mandate of the 2016 referendum and the 2017 manifesto commitments of the Conservative and Labour Parties, and will propel growth and competition in the...
Persistent link: https://www.econbiz.de/10013224820
The sharing economy is based on reductions in transaction costs which enable exchanges that were previously not possible. Sharing economy firms facilitate a more efficient use of assets, to the benefit to both asset owners and prospective users. Its potential positive impact on welfare has been...
Persistent link: https://www.econbiz.de/10013225230
A customs union with the EU would come with significant costs to the UK’s economic, trade and foreign policies. Such an arrangement would also fail, by itself, to eliminate trade friction with the EU. To do so would also require alignment with the Single Market rules for goods. A customs union...
Persistent link: https://www.econbiz.de/10013225289
What are the potential benefits and costs of issue linkage in international cooperation? How can we interpret the patterns of issue linkage (or lack thereof) that we observe in the real world? I address these questions through a unifying framework that distinguishes between three types of...
Persistent link: https://www.econbiz.de/10014023442
This chapter suggests a rationale for a simple, scalable, and fast computational approach through the ‘Data With Direction Specification’ (DWDS) to supplement the implementation of the African Continental Free Trade Area (AfCFTA). The specification provides a way for digitally executable...
Persistent link: https://www.econbiz.de/10014240841
We develop a theory of economic disintegration with both endogenously formed tax and trade policies. We show very generally that, contrary to conventional wisdom, a country’s disintegration from an integrated area leads to a deeper integration inside the area. Similarly, the departure of a...
Persistent link: https://www.econbiz.de/10012316928