law and economics of contingent protection in international trade columbia studies in wto law and policy

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Law And Economics Of Contingent Protection In International Trade

Author : Kyle W. Bagwell
ISBN : 9781139478113
Genre : Law
File Size : 42. 6 MB
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The book discusses the regulatory framework of contingent protection in the World Trade Organization - antidumping, countervailing duties, and safeguards - as well as an economic analysis of these instruments. The book's various chapters illuminate the basic functioning of all three.

The Law And Economics Of Contingent Protection In The Wto

Author : Petros C. Mavroidis
ISBN : 9781848440142
Genre : Political Science
File Size : 46. 9 MB
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All three parts [of the book] are without question extremely detailed and thorough treatises of the three different instruments of contingent protection. The case law of the DSB as well as policy proposals put forward in the Doha Round are referred to and analysed extensively. Every part of the book is an excellent and very thoughtful work on the respective instrument and will be helpful for everyone working in the field. Christoph Herrmann, Common Market Law Review Although the legal landscape is littered with literature about the WTO, antidumping, safeguards, subsidies and countervailing measures, the missing piece has been a comprehensive text tying together the law and economics of these topics. Mavroidis, Messerlin and Wauters fill this gap. The authors form an unparalleled triumvirate who successfully draw on their complementary legal-economic experiences from policymaking, practitioner expertise and academic scholarship to comprehensively examine contingent protection. In a single book, they manage to explain the economics to the lawyers, the law to the economists, and the increasing importance of contingent protection policies to everyone. Chad P. Bown, Brandeis University, US The new book by Petros Mavroidis, Patrick Messerlin and Jasper Wauters, The Law and Economics of Contingent Protection in the WTO, fills a gap in the international trade literature by providing a comprehensive, interdisciplinary (law and economics) treatment of three of the most arcane and least well-understood trade protection regimes permitted under the GATT/WTO, i.e., anti-dumping, countervailing duties, and safeguards. The authors expertly weave together both a comprehensive and rigorous analysis of the complex legal rules and case law with an economic critique of the law governing each of these three regimes. The book is a tour de force and will become the standard reference work for scholars, policy makers, and practitioners specializing in these areas. Michael Trebilcock, University of Toronto, Canada Trade barriers that are contingent on the existence of specific conditions dumping by, or subsidization of, exporters, and injury of domestic firms have historically been used intensively by many OECD countries and are now increasingly applied by developing countries. This volume provides an excellent discussion and accessible analysis of WTO rules on contingent protection and the rapidly expanding case law. The authors have done a major service to both legal practitioners and trade policy analysts with an interest in this area. Bernard Hoekman, The World Bank, US In this important book, three of the leading authors in the field of international economic law discuss the law and economics of the three most frequently used contingent protection instruments: anti-dumping, countervailing measures, and safeguards. When discussing countervailing measures, the authors also discuss legal challenges against prohibited and/or actionable subsidies. The authors choice is mandated by the fact that the effects of a subsidy cannot always be confined to the market of the WTO Member wishing to react against it. Assuming there are effects outside its market, an injured WTO Member can challenge the scheme as such before a WTO Panel. Taking the three agreements for granted as a starting point, the book provides comprehensive discussion of both the original contracts, and the case law that has substantially contributed to the understanding of these agreements. The agreements discussed by the authors provide generally worded disciplines on Members and leave a lot of discretion to the investigating authorities of such Members. A great number of the many questions that arise in the course of a domestic trade remedies investigation are not explicitly addressed in these agreements. In such a situation, the authors highlight the important role that the judge has to play. Much like domestic investigating authorities adopt a line which is either more liberal

Trade Policy Flexibility And Enforcement In The Wto

Author : Simon A. B. Schropp
ISBN : 9781139482639
Genre : Law
File Size : 59. 24 MB
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The World Trade Organization (WTO) is an incomplete contract among sovereign countries. Trade policy flexibility mechanisms are designed to deal with contractual gaps, which are the inevitable consequence of this contractual incompleteness. Trade policy flexibility mechanisms are backed up by enforcement instruments which allow for punishment of illegal extra-contractual conduct. This book offers a legal and economic analysis of contractual escape and punishment in the WTO. It assesses the interrelation between contractual incompleteness, trade policy flexibility mechanisms, contract enforcement, and WTO Members' willingness to co-operate and to commit to trade liberalization. It contributes to the body of WTO scholarship by providing a systematic assessment of the weaknesses of the current regime of escape and punishment in the WTO, and the systemic implications that these weaknesses have for the international trading system, before offering a reform agenda that is concrete, politically realistic, and systemically viable.

The Evolving International Investment Regime

Author : Jose E. Alvarez
ISBN : 9780199793624
Genre : Law
File Size : 49. 89 MB
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Papers from the second Columbia International Investment Conference, held Oct. 30-31, 2007, at Columbia University.

Preferential Trade Agreements

Author : Kyle W. Bagwell
ISBN : 9781139498906
Genre : Law
File Size : 62. 85 MB
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This volume assembles a stellar group of scholars and experts to examine preferential trade agreements (PTAs), a topic that has time and again attracted the interest of analysts. It presents a discussion of the evolving economic analysis regarding PTAs and the various dysfunctions that continually place them among the priority items for (re)negotiation by the WTO. The book explores recent empirical research that casts doubt on the old 'trade diversion' school and debates why the WTO should deal with PTAs and if PTAs belong under the mandate of the WTO as we now know it.

The Regulation Of International Trade

Author : Petros C. Mavroidis
ISBN : 9780262029995
Genre : Business & Economics
File Size : 63. 81 MB
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The General Agreement on Tariffs and Trade (GATT) has extended its institutional arsenal since the Kennedy round in the early 1960s. The current institutional design is the outcome of the Uruguay round and agreements reached in the ongoing Doha round (begun in 2001). One of the institutional outgrowths of GATT is the World Trade Organization (WT0), created in 1995. In this book, Petros Mavroidis offers a detailed examination of WTO agreements regulating trade in goods, discussing legal context, policy background, economic rationale, and case law. Each chapter examines a given legal norm and its subsequent practice. In particular, he discusses agreements dealing with customs clearance; "contingent protection" instruments, which allow WTO members unilaterally to add to the negotiated amount of protection when a certain contingency (for example, dumping) has occurred; TBT (Technical Barriers to Trade) and SPS (Sanitary and Phyto-sanitary Measures) agreements, both of which deal with such domestic instruments as environmental, health policy, or consumer information; the agreement on Trade Related Investment Measures (TRIM); sector-specific agreements on agriculture and textiles; plurilateral agreements (binding a subset of WTO membership) on government procurement and civil aviation; and transparency in trade relations. This book's companion volume examines the GATT regime for international trade.

Advanced Introduction To International Trade Law

Author : Michael J. Trebilcock
ISBN : 9781783471614
Genre : Law
File Size : 38. 69 MB
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øThis book presents an accessible yet nuanced introduction to the basic structure and principles of international trade law. It explores the development of the international trade law regime, principally GATT and WTO law, and through clear and concise

Journal Of World Trade

Author :
ISBN : STANFORD:36105061593468
Genre : Commerce
File Size : 69. 54 MB
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The World Trade Organization

Author : Mitsuo Matsushita
ISBN : 9780199571857
Genre : Business & Economics
File Size : 55. 21 MB
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Includes bibliographical references and index.

Understanding Trade Law

Author : M. J. Trebilcock
ISBN : 0857931458
Genre : Law
File Size : 39. 79 MB
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'As international trade is becoming a major component of the global economy, Understanding Trade Law, a book by Michael Trebilcock provides a very clear and concise explanation of international trade law. the book is well-structured, facilitating ease of reading and comprehension of the topic by even a novice reader. . . Understanding Trade Law is a must have first reference book on the subject for both novice students of international trade law and seasoned experts alike. Not only is it easily comprehensible with its presentation of the solid working knowledge of the principles and application of the subject, it is a pleasure to read, with its clear structure and simple language. Clearly a master's work, it is certainly worth the time and the cost of every law student who is interested in a course in international trade law.' - Sumaiyah Abdul Kader, International Trade and Business Law Review

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