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The rapid rise in global fragmentation - foreign investment, global supply chains, and 'production sharing' - is fundamentally reshaping the multilateral trading system. This paper uses a simple economic modeling framework to understand how the global fragmentation phenomenon may reshape the...
Persistent link: https://www.econbiz.de/10010240627
. Coherence, consistency and predictability of international law rules are particularly relevant in a global world and market … for exchange controls and restrictions which affect the functioning of the international monetary system and the world of … international system as envisioned after World War II and of the various types of exchange measures, this paper will first analyze …
Persistent link: https://www.econbiz.de/10012708871
We estimate the effect of RTAs on bilateral exports by means of a gravity model analyzing its sensitivity to different specifications and methods. RTAs generate a sizable positive effect. However, shifting to country-pair and time-varying fixed effects systematically reduces coefficients....
Persistent link: https://www.econbiz.de/10012406025
We estimate the effect of RTAs on bilateral exports by means of a gravity model analyzing its sensitivity to different specifications and methods. RTAs generate a sizable positive effect. However, shifting to country-pair and time-varying fixed effects systematically reduces coefficients....
Persistent link: https://www.econbiz.de/10013251923
The negotiation of multilateral agreements has stalled at the World Trade Organization (WTO). The action is among …
Persistent link: https://www.econbiz.de/10014083341
This paper constitutes a tour d'horizon relating to institutional transparency in the WTO decision and judicial making. The paper critically reviews the most topical challenges for the internal and external transparency of the international organization regulating global trade and puts forward...
Persistent link: https://www.econbiz.de/10013106109
Until the beginning of this century, the GATT/WTO system worked. Economic research provided a compelling explanation. It showed that if governments maximize the well-being of their own countries broadly defined, GATT/WTO principles would facilitate mutually beneficial cooperation over their...
Persistent link: https://www.econbiz.de/10015171695
Increasing moves away from multilateralism have created a fragmented trade and investment scenario where economies progressively combine the application of restrictive unilateral actions with bilateral and regional preferences. The application of, and exceptions to, the non-discrimination...
Persistent link: https://www.econbiz.de/10012249090
The World Trade Organization (WTO) as an institution accords much less of a role to its chief officer and her staff …, namely the WTO Director-General and the Secretariat, than do any of its sister international organizations—the World Bank …
Persistent link: https://www.econbiz.de/10013288785
available from foreign sources and, most importantly, how available vaccines would be as most of the world’s countries could not … produce any. Effective public policy cannot be made in the dark. The World Trade Organization, and the General Agreement on …
Persistent link: https://www.econbiz.de/10013291312