Public international law: economic and trade Books

Book SynopsisIn this essential two-volume collection, the editors include key papers on the domestic and global challenges of WTO accession. The first volume explores the intertwined economic, legal, and political dimensions of the process. The second volume explores country case studies and sector-specific issues such as agriculture, services and intellectual property. This comprehensive anthology is an invaluable reference source for scholars and practitioners grappling with the increasing complexity of WTO accession.Trade Review‘Accession to the WTO is a complex, long and unique process. Carlos Primo Braga and Olivier Cattaneo have assembled an impressive collection of literature that analyzes accessions from an economic, legal, political and sectoral perspective, as well as some country-case studies. This is the state-of-the-art of what we know about accessions. The editors bring it all together in the introduction, posing the right and difficult questions and making critical observations. This publication is a must to both understand and improve these negotiations that currently involve the Members of the WTO with 29 acceding candidates.’ -- Alejandro Jara, Deputy Director General, The World Trade Organization, SwitzerlandTable of ContentsContents: Volume I Acknowledgments Introduction Carlos A. Primo Braga and Olivier Cattaneo PART I OVERVIEW 1. Rolf J. Langhammer and Matthias Lücke (1999), ‘WTO Accession Issues’ 2. Constantine Michalopoulos (2002), ‘WTO Accession’ 3. Murray G. Smith (1996), ‘Accession to the WTO: Key Strategic Issues’ 4. Jaroslaw Pietras (1998), ‘The Role of the WTO for Economies in Transition’ PART II THE ECONOMIC DIMENSION OF WTO ACCESSION 5. Kyle Bagwell and Robert W. Staiger (1999), ‘An Economic Theory of GATT’ 6. Robert W. Staiger (2006), ‘A book review of Fatouma Jawara and Aileen Kwa, Behind the Scenes at the WTO: The Real World of International Trade Negotiations: Lessons of Cancun, Palgrave, New York, 2003’ 7. Andrew K. Rose (2004), ‘Do We Really Know that the WTO Increases Trade?’ 8. Arvind Subramanian and Shang-Jin Wei (2007), ‘The WTO Promotes Trade, Strongly, but Unevenly’ 9. Michael Tomz, Judith L. Goldstein and Douglas Rivers (2007), ‘Do We Really Know That the WTO Increases Trade? Comment’ 10. Andrew K. Rose (2007), ‘Do We Really Know That the WTO Increases Trade? Reply’ 11. Bogdan Lissovolik and Yaroslav Lissovolik (2004), ‘Russia and the WTO: The “Gravity” of Outsider Status’ PART III THE LEGAL DIMENSION OF WTO ACCESSION 12. Julia Ya Qin (2003), ‘WTO-plus Obligations and Their Implications for the World Trade Organization Legal System’ 13. Steve Charnovitz (2008), ‘Mapping the Law of WTO Accession’ 14. Bernard Hoekman and Jayanta Roy (2000), ‘Benefiting from WTO Accession and Membership’ 15. Sylvia A. Rhodes and John H. Jackson (1999), ‘United States Law and China’s WTO Accession Process’ 16. Alexander Polouektov (2002), ‘Non-Market Economy Issue in WTO Anti-Dumping Law and Accession Negotiations – Revival of a Two-Tier Membership?’ PART IV THE POLITICAL DIMENSION OF WTO ACCESSION 17. Leah Haus (1991), ‘The East European Countries and the GATT: The Role of Realism, Mercantilism, and Regime Theory in Explaining East-West Trade Negotiations’ 18. Anna Lanoszka (2001), ‘The World Trade Organization Accession Process: Negotiating Participation in a Globalizing Economy’ 19. Simon Lacey (2007), ‘The View From the Other Side of the Table: WTO Accession from the Perspective of WTO Members’ 20. Simon Evenett and Carlos A. Primo Braga (2006), ‘WTO Accession: Moving the Goalposts?’ 21. Craig VanGrasstek, ‘Why Demands on Acceding Countries Increase Over Time: A Three-dimensional Analysis of Multilateral Trade Diplomacy’ Volume II Acknowledgments PART I COUNTRY-CASE STUDIES ON WTO ACCESSION 1. Zdenek Drabek and Marc Bacchetta (2004), ‘Tracing the Effects of WTO Accession on Policy-making in Sovereign States: Preliminary Lessons from the Recent Experience of Transition Countries’ 2. Elena Ianchovichina and Will Martin (2001), ‘Trade Liberalization in China’s Accession to the WTO’ 3. David Tarr (2007), ‘Russian WTO Accession: What Has Been Accomplished, What Can Be Expected’ 4. Pierre Sauvé (2005), ‘Economic Impact and Social Adjustment Costs of Accession to the World Trade Organization: Cambodia and Nepal’ 5. P.R. Rajkarnikar (2005), ‘Nepal: The Role of an NGO in Support of Accession’ 6. Samnang Chea and Hach Sok (2005), ‘Cambodia’s Accession to the WTO: “Fast Track” Accession by a Least Developed Country’ 7. Damedin Tsogtbaatar (2005), ‘Mongolia’s WTO Accession: Expectations and Realities of WTO Membership’ 8. Daniel Gay (2005), ‘Vanuatu’s Suspended Accession Bid: Second Thoughts?’ PART II SECTOR -SPECIFIC DIMENSION OF WTO ACCESSION 9. Will Martin (2003), ‘Implications of Reform and WTO Accession for China’s Agricultural Policies’ 10. Murray Gibbs and Anar Mamedov (2001), ‘Energy-related Issues in the WTO Accession Negotiations’ 11. Joseph F. Francois and Dean Spinanger (2004), ‘WTO Accession and the Structure of China’s Motor Vehicle Sector’ 12. Felix Eschenbach and Bernard Hoekman (2006), ‘Services Policies in Transition Economies: On the EU and the WTO as Commitment Mechanisms’ 13. Aaditya Mattoo (2003), ‘China’s Accession to the WTO: The Services Dimension’ 14. Phan Van Sam and Vo Thanh Thu (2005), ‘Preparation by Vietnam’s Banking Sector for WTO Accession’ 15. Angus Henderson, Iain Gentle and Elise Ball (2005), ‘WTO Principles and Telecommunications in Developing Nations: Challenges and Consequences of Accession’ 16. Frederick Abbott and Carlos M. Correa (2007), ‘The Accession Process and its Legal Consequences’ 17. Keith E. Maskus (2004), ‘Intellectual Property Rights in the WTO Accession Package: Assessing China’s Reforms’ Name Index

Read more less

Book SynopsisAgriculture has been the unruly horse of the GATT/WTO system for a long time and efforts to halter it are still ongoing. This Research Handbook focuses on aspects of agricultural production and trade policy that are recognized for their importance but are often kept out of the limelight, such as the implication of national and international agricultural production and trade policies on national food security, global climate change, and biotechnology. It provides a summary of the state of the WTO agriculture negotiations as well as the relevant jurisprudence, but also, and uniquely, it focuses on the new and emerging issues of agricultural trade law and policy that are rarely addressed in the existing literature. With contributions from a multi-disciplinary team of leading analysts from around the world, this Research Handbook will appeal to trade negotiators, international trade law and policy academics as well as postgraduate students in the field. Contributors include: K. Anderson, D. Blandford, M. Cardwell, I. Carreno, M.G. Desta, G. Dutfield, C. Haberli, L.A. Jackson, T. Josling, E. Laurenza, A. Matthews, J.A. McMahon, F. Smith, S. SwitzerTrade Review'A particular strength of this collection is the multidisciplinary perspective which is brought to bear on international agricultural trade law. It provides a valuable resource for scholars and policymakers in this critical area.' --Michael Blakeney, International Trade Law and Regulation'The range of topics covered in this volume is multi-faceted and various. . . Practitioners with clients involved in agri-business will be particularly interested in the broad spectrum of matters discussed, as will trade negotiators, policy advisors and graduate students in this vital and fascinating field.' --Phillip Taylor MBE and Elizabeth Taylor, The Barrister MagazineTable of ContentsContents: Preface Joseph A. McMahon and Melaku Geboye Desta 1. The Agreement on Agriculture: Setting the Scene Joseph A. McMahon and Melaku Geboye Desta 2. Food Security and International Agricultural Trade Regulation: Old Problems, New Perspectives Fiona Smith 3. Do WTO Rules Improve or Impair the Right to Food? Christian Häberli 4. The Impact of WTO Agricultural Trade Rules on Food Security and Development: An Examination of Proposed Additional Flexibilities for Developing Countries Alan Matthews 5. Plant Intellectual Property, Food Security and Human Development: Institutional and Legal Considerations, and the Need for Reform Graham Dutfield 6. GMOs: Trade and Welfare Impacts of Current Policies and Prospects for Reform Kym Anderson and Lee Ann Jackson 7. Addressing the Solution of SPS and TBT Matters through Trade Negotiations Eugenia Laurenza and Ignacio Carreño 8. Private Standards and Trade Tim Josling 9. Climate Change Policies for Agriculture and WTO Agreements David Blandford 10. Biofuels, Food Security and the WTO Agreement on Agriculture Stephanie Switzer 11. Stretching the Boundaries of Multifunctionality? An Evolving Common Agricultural Policy within the World Trade Legal Order Michael Cardwell Index

Read more less

Book SynopsisMicrosoft on Trial analyses the antitrust cases that have involved Microsoft on both sides of the Atlantic and offers a thorough and timely discussion on the regulation of unilateral behaviour in a topical sector.This fascinating and highly relevant book facilitates discussion on the difficult technical, legal and economic issues with respect to innovation, competition and welfare raised, through the span of more than a decade, by the US and EC Microsoft antitrust cases. It assesses their impact on the evolution of European and US laws on competition and intellectual property in the IT sector and beyond. The book, which adopts a multidisciplinary approach (IT, law, economics), benefits from the valuable insights of 20 contributors including those that were directly involved in the EC case. Practitioners, advanced postgraduates and academics will find this unique book an essential resource.Trade Review‘I would highly recommend this book to any practitioner, academic, or postgraduate student interested in either the specifics of the EU and US Microsoft cases or more generally in the current scope of unilateral conduct laws on both sides of the Atlantic. It is refreshingly easy to navigate, thanks to an excellent index and table of cases and legislation, no mean feat in light of the fact that the book is a collection of 14 independent essays. The editor, Luca Rubini, deserves particular praise for this achievement. The editor also provides an invaluable multi-disciplinary approach to the various issues raised by the increasing interaction of competition law and intellectual property law in the information technology sector and beyond.’ -- Anthony Dawes, European Law Review‘. . . the book is a valuable resource for anybody wishing to gain in-depth knowledge of the competition proceedings related to Microsoft.’ -- Tjarda van der Vijver, Common Market Law Review‘Much has already been written about the case, but these fourteen chapters contain some of the best descriptions of the facts and markets accompanied by economic analysis. All the contributors write lucidly. . . The chapters have been written tightly, and many points not obvious on a quick reading of the case have been analysed perceptively. Detailed descriptions of the conduct and the market in which it occurred were made throughout.’ -- Valentine Korah, World Competition‘What makes this collection outstanding is that it is unlikely that any single person could have produced anything as good, because the Microsoft cases are just too extensive in their jurisdictional and subject matter scope to be encompassed by a single person. . . none of the essays here appear to me to be poor - all are good, some are excellent. . . I have read the book cover to cover and strongly recommend it to anyone interested in the Microsoft case in particular, but, more importantly, to anyone with an interest in the state of competition law at the start of the 21st century, and its role moving forward. There are even good tables of cases and legislation, and a good index - an increasing rarity these days. . . special credit must be given to the editor, Luca Rubini.’ -- Mark Furse, European Competition Law ReviewTable of ContentsContents: Preface PART I: TECHNICAL BACKGROUND 1. The Basic Technology Issues at Stake Colin Jackson PART II: FROM BRUSSELS TO LUXEMBOURG: A EUROPEAN STORY 2. Windows into the World of Abuse of Dominance: An Analysis of the Commission’s 2004 Microsoft Decision and the CFI’s 2007 Judgment Nicholas Banasevic and Per Hellström 3. Victa Placet Mihi Causa: The Compulsory Licensing Part of the Microsoft Case Ian S. Forrester QC 4. The Microsoft Windows Media Player Tying Case Jean-François Bellis and Tim Kasten 5. The Microsoft Case: You Reap what you Sow? Jens Fejø PART III: INNOVATION, COMPETITION AND WELFARE IN THE IT SECTOR: TRANSATLANTIC PERSPECTIVES, INTERNATIONAL HORIZONS 6. The Microsoft Chronicles Rudolph J.R. Peritz 7. Microsoft v Commission and the Interoperability Issue Steven Anderman 8. The EC Microsoft Case and Duty to Deal: The Transatlantic Divide Eleanor M. Fox 9. Microsoft v Commission: Interoperability, Emerging Standards and Innovation in the Software Industry Ann Walsh 10. Tying, Technological Integration and Article 82 EC Treaty: Where do we go after the Microsoft Case? Arianna Andreangeli 11. Economic Aspects of the Microsoft Case: Networks, Interoperability and Competition Maria J. Gil-Moltó 12. Microsoft v Commission: A Pricing Perspective on Non-Price Abuses Derek Ridyard and Markus Baldauf 13. The Quest for Appropriate Remedies in the EC Microsoft Cases: A Comparative Appraisal Nicholas Economides and Ioannis Lianos 14. Beyond Microsoft: An International Agreement on Abuse of Market Power? Carlo Petrucci Epilogue Bo Vesterdorf Bibliography Index

Read more less

Book SynopsisThe 2007 - 2010 global financial crisis re-opened the debate on the reform of the international monetary and financial system. This well-argued book demonstrates the strategic role of international economic law (IEL) in ensuring international monetary stability and global financial stability. After discussing the current allocation of powers among IEL institutions, Annamaria Viterbo focuses on monetary measures: exchange restrictions, capital controls and exchange rate manipulations. These three fundamental topics are then examined through the lens of a multi-layered methodology, adopting perspectives from international monetary law, trade law and investment law. The author evaluates how the horizontal sectors in which IEL is traditionally divided interact and how conflicts between norms are avoided or solved. Particular attention is also devoted to the outcomes of trade and investment disputes that deal with monetary measures. International Economic Law and Monetary Measures will appeal to international trade law and international financial law scholars as well as law and business students. Legal practitioners and officials working in the field of international economic law will find it a useful reference, as will legal counsel in banks and financial institutions, international investors and multinational corporations. Contents: Introduction 1. International Monetary Stability and Global Financial Stability as Global Public Goods and the Role of International Economic Law 2. The Bretton Woods Institutions and their Role in the Provision of Global Public Goods: Focusing on International Monetary Stability 3. The Global Financial Architecture: Towards a Strengthened Institutional Framework for Global Financial Stability? 4. Exchange Restrictions and Capital Controls under the IMF Legal Framework 5. Exchange Restrictions and Capital Controls under the WTO Legal Framework 6. Exchange Restrictions and Capital Controls in International Investment Law 7. Exchange Rate Manipulation in International Economic Law IndexTable of ContentsContents: Introduction 1. International Monetary Stability and Global Financial Stability as Global Public Goods and the Role of International Economic Law 2. The Bretton Woods Institutions and their Role in the Provision of Global Public Goods: Focusing on International Monetary Stability 3. The Global Financial Architecture: Towards a Strengthened Institutional Framework for Global Financial Stability? 4. Exchange Restrictions and Capital Controls under the IMF Legal Framework 5. Exchange Restrictions and Capital Controls under the WTO Legal Framework 6. Exchange Restrictions and Capital Controls in International Investment Law 7. Exchange Rate Manipulation in International Economic Law Index

Read more less

Book SynopsisThis original and authoritative book analyzes how the WTO?s restrictions on the use of trade measures for social goals affects the development of the law of the international community.The author examines international law on the use of trade measures to promote non-trade values including human health, environmental protection, and cultural diversity in order to determine whether the WTO decisions in these areas promote the development of the international legal system in a way that benefits the individual. Including an analysis of the most important ?trade-&? cases handed down by the WTO?s Appellate Body, the book stimulates creative consideration of the extent to which the international trading system?s prohibition on the use of trade measures may stifle progress on legal norms that would foster an international community. Krista Nadakavukaren Schefer suggests using the law of equity to fully take into account both the trade and the social issues at stake in any particular case.With its thorough analysis of WTO trade and decisions, this path-breaking book will be a stimulating read for scholars and students of international law, international economic law and international relations.Trade Review‘Recourse to restrictions of international trade for the promotion of non-economic goals is at the heart of international trade regulation. This book offers a fresh, broad, but equally detailed analysis of such restrictions. It places WTO law in the broader framework of public international law and explores new ways and means as to how tensions and conflict in the pursuit of non-economic policy goals should be addressed. It is essential reading for all seeking answers beyond the existing framework of WTO law and policies.’ -- Thomas Cottier, World Trade Institute, University of Bern, Switzerland and Institute of European and International Economic Law‘This book presents a thoughtful and very readable analysis of “social trade regulation”, that is, the use of border measures for non-trade purposes. The study examines how such measures are regarded in international law and in the more specialized law of the World Trade Organization. After she concludes that such unilateral measures may often be illegal under trade law, Professor Schefer’s original contribution to the debate is to unpack that unlawful status into the categories of “law-disabling”, “law-supporting”, and “law-creating” trade regulation. Through a careful exposition of these concepts, the book shows ways in which social trade regulation can improve the progress of the international community.’ -- Steve Charnovitz, The George Washington University, USTable of ContentsContents: Preface Part I: Introduction 1. The Social Impacts of Trade 2. The Evolving Character of the International Legal System Part II: Trade Regulation in International Law 3. Unilateral Trade Regulation and the United Nations Charter Principles 4. Unilateral Trade Regulation, the Law of State Responsibility and the Law of Treaties Part III: Social Trade Regulations in WTO Law 5. WTO Obligations Affected by Members’ Use of Social Trade Regulations 6. Legal Remedies for Violations of WTO Law 7. Social Trade Regulations in the WTO Dispute Settlement System: Looking at the Evidence Part IV: Analysis 8. How Can a WTO Member Pursue a Social Goal with Trade Regulations? 9. Is There a Modality to Decide when Trade Measures can be Used to Pursue Social Goals? Index

Read more less

Book SynopsisThis important new book constitutes a serious examination of both the positive potential, as well as the deficiencies, of the TRIPS agreement. In the light of their analysis, the editors and their colleagues make a powerful case for wide ranging reforms.Intellectual Property (IP) law – particularly in relation to international trade regimes – is increasingly finding itself challenged by rapid developments in the technological and global economic landscapes. In its attempt to maintain a responsive legislative system that is interacting successfully with global trade rules, IP is having to respond to an increasing number of actors on an international level. This book examines the problems associated with this undertaking as well as suggesting possible revisions to the TRIPS agreement that would make it more relevant to the environment in which today’s IP mechanisms are operating. The overall aim is to find an adequate response to the ‘IP balance dilemma’. The theme is pursued throughout various topics, including a look at what this means in relation to the economy in a country like China, and also considering how IP is increasingly having to reconcile itself with human rights issues.This book will appeal to academics, policy makers and post-graduate students in IP and international trade law, as well as related fields, such as development and human rights.Trade Review‘This book is essential reading for anyone interested in intellectual property, global trade, international law, human rights, development, and competition. While many have lamented the impact of the TRIPS Agreement on the creative environment and social welfare, the heart of the volume is a deeply thoughtful, well-considered proposal for modifying the Agreement. The lead-up is equally compelling: essays by renowned experts describing the substantive, procedural, and institutional problems encountered post-TRIPS and an examination of socially responsible ways to promote innovation.’ -- Rochelle Dreyfuss, New York University, School of Law, US‘This book culminates Professor Annette Kur’s longtime engagement in critique and reform of dominant IP patterns. Throughout several authoritative essays - many by Professor Kur herself - the book provides a comprehensive and in-depth overview of the ever growing academic efforts which, at an international level, struggle to reshape IP law paradigms in tune with the enhancement of public goods and interests – even beyond the mere perspective of IP law’s intersections with competition and consumer welfare in strict sense. This work constitutes a “must” for all those who, at any level of function and responsibility, engage in overcoming an historic unbalance that has so far basically precluded an adequate reconciliation of IP law with fundamental societal needs.’ -- Gustavo Ghidini, University of Milano, and LUISS University, Rome, ItalyTable of ContentsContents: Preface PART I: BACKGROUND 1. The Pendulum Keeps Swinging – Present Discussions on and Around the TRIPS Agreement Marianne Levin 2. Spotlight on China: Piracy, Enforcement, and the Balance Dilemma in Intellectual Property Law Andrea Wechsler 3. The WTO Dispute Settlement System and the Evolution of International IP Law: An Institutional Perspective Antonina Bakardjieva Engelbrekt 4. Assessing the Need for a General Public Interest Exception in the TRIPS Agreement Henning Grosse Ruse-Khan 5. Limitations and Exceptions Under the Three-Step-Test – How Much Room to Walk the Middle Ground? Annette Kur 6. TRIPS and Human Rights Frantzeska Papadopoulou 7. Fire and Water Make Steam – Redefining the Role of Competition Law in TRIPS Jens Schovsbo 8. Enough is Enough – The Notion of Binding Ceilings in International Intellectual Property Protection Annette Kur and Henning Grosse Ruse-Khan 9. Expropriation or Fair Game for All? The Gradual Dismantling of the IP Exclusivity Paradigm Annette Kur and Jens Schovsbo PART II: PROPOSED AMENDMENTS TO TRIPS Proposed Amended Text (Synopsis) Explanatory Memorandum Index

Read more less

Book SynopsisIn 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 or more protectionist in the application of trade remedies, the WTO adjudicator on numerous occasions was faced with similar policy problems in applying the general rules to the facts of the case before them. The authors point out that the adjudicating bodies have insisted on the unfair character of dumping in order to substantiate their relatively deferential standard of review. In the anti-dumping / countervailing duties context, case law has generally emphasized the limited character of the obligations on investigating authorities. This implies that domestic investigating authorities, following the evolution of case law, are now facing a deferential standard of review when imposing anti-dumping and countervailing duties.The book offers a contrasting view of the Agreement on Safeguards, an instrument the use of which, according to the authors, could, in principle, be defensible: WTO Members will have extra incentives to make commitments within a flexible contract. Moreover, safeguards can, in their view, help ease the pressures from domestic lobbies by facilitating (sometimes necessary) adjustment costs. However, the case law is described by the authors as having adopted a rather inflexible stance, the end result of which is that no imposition of safeguards has survived the test of consistency with WTO law. They identify the apparent rationale for the case law as an over-insistence on what they label the highly uninformative fair/unfair trade distinction.The economic analysis employed by the authors would suggest that - in the light of the unsatisfactory nature of anti-dumping measures, contrasted with the positive incentives inherent in safeguards - ultimately one could envisage merging the three instruments of contingent protection into one new safeguards instrument. Equally, they argue, this economic approach, combined with legal doctrine, offers great insight into the current provisions, allowing them to be interpreted in a more coherent and meaningful manner.Trade Review'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, The World Bank, 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, USTable of ContentsContents: PART I: ANTI-DUMPING 1. General introduction 2. Dumping 3. Injury and Causality Analysis 4. Procedural Obligations – The Tasks of the Domestic Investigating Authority 5. Conclusions PART II: SUBSIDIES 6. General Introduction to the Agreement on Subsidies and Countervailing Measures: ‘Thou Shall Not Subsidize’ 7. Conditions for Imposition of Countervailing Measures 8. Procedural Requirements Relevant to the Countervailing Duty Investigation 9. Counteracting Subsidies – A Two-track Approach 10. Thou Shall Not be Punished in Any Other Way 11. Special and Differential Treatment 12. Standard of Review 13. Concluding Remarks PART III: SAFEGUARDS 14. The Rationale for Safeguards 15. The Regulation of Safeguards in the WTO 16. Conclusions References Index

Read more less

Book SynopsisThis original and authoritative book analyzes how the WTO?s restrictions on the use of trade measures for social goals affects the development of the law of the international community.The author examines international law on the use of trade measures to promote non-trade values including human health, environmental protection, and cultural diversity in order to determine whether the WTO decisions in these areas promote the development of the international legal system in a way that benefits the individual. Including an analysis of the most important ?trade-&? cases handed down by the WTO?s Appellate Body, the book stimulates creative consideration of the extent to which the international trading system?s prohibition on the use of trade measures may stifle progress on legal norms that would foster an international community. Krista Nadakavukaren Schefer suggests using the law of equity to fully take into account both the trade and the social issues at stake in any particular case.With its thorough analysis of WTO trade and decisions, this path-breaking book will be a stimulating read for scholars and students of international law, international economic law and international relations.Trade Review‘Recourse to restrictions of international trade for the promotion of non-economic goals is at the heart of international trade regulation. This book offers a fresh, broad, but equally detailed analysis of such restrictions. It places WTO law in the broader framework of public international law and explores new ways and means as to how tensions and conflict in the pursuit of non-economic policy goals should be addressed. It is essential reading for all seeking answers beyond the existing framework of WTO law and policies.’ -- Thomas Cottier, World Trade Institute, University of Bern, Switzerland and Institute of European and International Economic Law‘This book presents a thoughtful and very readable analysis of “social trade regulation”, that is, the use of border measures for non-trade purposes. The study examines how such measures are regarded in international law and in the more specialized law of the World Trade Organization. After she concludes that such unilateral measures may often be illegal under trade law, Professor Schefer’s original contribution to the debate is to unpack that unlawful status into the categories of “law-disabling”, “law-supporting”, and “law-creating” trade regulation. Through a careful exposition of these concepts, the book shows ways in which social trade regulation can improve the progress of the international community.’ -- Steve Charnovitz, The George Washington University, USTable of ContentsContents: Preface Part I: Introduction 1. The Social Impacts of Trade 2. The Evolving Character of the International Legal System Part II: Trade Regulation in International Law 3. Unilateral Trade Regulation and the United Nations Charter Principles 4. Unilateral Trade Regulation, the Law of State Responsibility and the Law of Treaties Part III: Social Trade Regulations in WTO Law 5. WTO Obligations Affected by Members’ Use of Social Trade Regulations 6. Legal Remedies for Violations of WTO Law 7. Social Trade Regulations in the WTO Dispute Settlement System: Looking at the Evidence Part IV: Analysis 8. How Can a WTO Member Pursue a Social Goal with Trade Regulations? 9. Is There a Modality to Decide when Trade Measures can be Used to Pursue Social Goals? Index

Read more less

Book SynopsisThis timely book examines international trade and investment law at various levels of governance, including unilateral, bilateral, regional, and multilateral arrangements.Rafael Leal-Arcas demonstrates that the nature of international trade law is fragmented and cyclical. Whilst not always straightforward, the process of making international trade law more multilateral, beginning with the General Agreement on Tariffs and Trade in 1947, has been largely successful. The author shows how this success could be emulated for international investment law, as well as providing a careful analysis of the choice of jurisdiction – regional versus global – for the settlement of disputes.This insightful book will be an invaluable resource for research institutions, legal practitioners, judges, trade and investment policy-makers, officials at international organizations and national civil servants. Advanced students of international economic law, international investment law, external relations law of the EU, international trade law and WTO law will also find this book important.Trade Review‘. . . let me conclude . . . by commending the author for a thoughtful and wide-ranging exposition of some of the major developments in the areas of international trade law and international investment law. He indeed has shown the growing complexity of each and has highlighted the ways in which law and policy come together in each. Readers will find much to debate in International Trade and Investment Law. Thanks to Dr Leal-Arcas the debate will start with a clearer understanding of the different pieces of the puzzle.’ -- T.R. Posner, Transnational Dispute Management‘. . . well researched and well written. . . excellent and should be made mandatory reading material for the relevant courses of EU external trade and investment law and policy. But also, relevant policymakers - in the Member States, as well as in the various EU institutions - could learn a lot and draw inspiration from them on how to deal with the difficult tasks that they are currently facing when developing the future CIEP.’ -- Nikolaos Lavranos, Legal Issues of Economic Integration‘This book comes highly recommended. . . resembling a mini-handbook, [it] provides excellent snapshots on the history of international trade and investment law and provides detailed discussions on the various levels of governance available. . . a well-researched, informative and a good compilation. . . the book is practical and would be considered a valuable resource for academics and students of international trade and investment law.’ -- International Trade and Business Law Review‘. . . a significant contribution to the literature. . . Leal Arcas’s analysis should be of interest to policy-makers and negotiators.’ -- International Trade Law and RegulationTable of ContentsContents: 1. Introduction: International Law is Fragmented and Cyclical Part I: International Trade Law and Policy 2. Unilateralism 3. The Rise and Fall of Multilateralism 4. The Rise of Bilateralism/Regionalism 5. The EU’s Relationship with Brazil and India 6. The EU’s Relationship with China 7. The EU’s Relationship with Russia Part II: International Investment Law and Policy 8. Preliminary Remarks on Foreign Direct Investment 9. History of Foreign Direct Investment Regulation 10. Current Regulatory Regimes 11. Why is there a Need for a Multilateral Investment Treaty? 12. How to Design a Multilateral Framework for Investment Part III: Choice of Jurisdiction for the Settlement of Trade Disputes 13. An Overview of the WTO and the NAFTA 14. Comparison between the WTO and NAFTA Epilogue and Recommendations to Part 3 Bibliography Index

Read more less

Book SynopsisThis book analyzes recent developments and likely future paths for trade and financial integration in East Asia. It suggests a more coherent, balanced way forward for regional economic integration and analyses implications for institution building in East Asia. East Asia has achieved a high degree of intra-regional trade, investment and GDP correlation, through an expanding web of free trade agreements and production networks. However, financially, most regional economies are linked more closely to North America and Europe than to each other. As trade integration has accelerated, financial and monetary integration has not kept pace. East Asian Economic Integration analyzes potential reasons and remedies for this phenomenon through a multidisciplinary framework of law, politics and economics. This comprehensive book will appeal to researchers and students in political science, international relations, trade law, international finance law, and regional studies generally. It will also be of great interest to regional policy makers. Contributors include: H. Gao, P. Lejot, C.L. Lim, B. Mercurio, M. Mushkat, R. Mushkat, J. Nakagawa, C.-Y. Park, I. Sohn, L. Toohey, N. Vu, T.H. YenTrade Review'This book offers a fascinating exploration of the contradictions of East Asian economic integration: a topic of enormous contemporary significance to observers of world political and economic affairs. The collection provides an unusually rigorous and systematic treatment of this important topic, drawing on contributions from an impressive array of experts. It will provide a valuable resource for students, scholars and other observers seeking deeper understanding of the contemporary dynamics and challenges of East Asian integration.' - Kate MacDonald, University of Melbourne, Australia 'East Asia is a crucial part of the global economy. This book analyses three key elements of East Asian economic integration: trade, investment and international finance. The authors are leading experts in their fields. Their book represents an important addition to the literature on a subject of fundamental importance both regionally and globally.' --- Bradly J. Condon, ITAM, Mexico CityTable of ContentsContents: Introduction Ross P. Buckley, Richard Weixing Hu and Douglas W. Arner PART I: THE CHANGING REGIONAL ORDER AND DYNAMICS FOR COOPERATION 1. China, the US and Regional Institution Building in East Asia Richard Weixing Hu 2. Who’s Afraid of Asian Trade Regionalism, and Why? C.L. Lim 3. Endemic Institutional Fragility in the Face of Dynamic Economic Integration in Asia: The Case of Transboundary Pollution in Hong Kong Miron Mushkat and Roda Mushkat PART II: TRADE INTEGRATION 4. Japan’s FTA (EPA) and BIT Strategy in the Light of Competitive Dynamics Junji Nakagawa 5. China’s Strategy for Free Trade Agreements: Political Battle in the Name of Trade Henry Gao 6. Bilateral and Regional Trade Agreements in Asia: A Skeptic’s View Bryan Mercurio 7. When ‘Failure’ Indicates Success: Understanding Trade Disputes between ASEAN members Lisa Toohey 8. East Asian Investment Treaties in the Integration Process: Quo Vadis? Trinh Hai Yen PART III: FINANCIAL INTEGRATION 9. Global Financial Regulatory Reforms: Implications for East Asia Douglas W. Arner and Cyn-Young Park 10. Legitimacy and Power: The Political Dynamics of East Asian Financial Regionalism Injoo Sohn 11. Institutional Completeness in the Chiang Mai Initiatives Paul Lejot 12. Beyond the Multilateralized Chiang Mai Initiative: An Asian Monetary Fund Ross P. Buckley 13. The Evolving Role of the Asian Development Bank in the Creation of an Asian Currency Unit Nhu Vu Conclusion Richard Weixing Hu, Douglas W Arner and Ross P. Buckley Index

Read more less

Book SynopsisThis comprehensive Handbook provides an in-depth analysis of the origin and main substantive provisions of the TRIPS Agreement, the most influential international treaty on intellectual property currently in force. A uniquely qualified set of academics and experts from around the world discuss the historical context in which the Agreement was negotiated, its basic principles and the nature of the obligations it creates for WTO members. Together with the second volume –- Research Handbook on the Interpretation and Enforcement of Intellectual Property under WTO Rules - – it examines the minimum standards that must be implemented with regard to patents, trademarks, geographical indications, copyright and related rights, integrated circuits and test data. This Handbook is an essential tool for scholars, researchers and advanced students in the field of intellectual property. It also provides materials of direct relevance for policymakers and legal practitioners.Trade Review‘Carlos Correa has in these two Research Handbooks on the TRIPS Agreement, done a magnificent job of bringing together a large number of scholars to analyse the many issues raised by the Agreement. The result is an integrated resource of high quality that helps readers to understand the many complex dimensions of TRIPS.’ -- Peter Drahos, RegNet, The Australian National University, Canberra‘TRIPs is the only positive integration type of agreement in the WTO. Scholars have legitimately in my view, questioned its inclusion in the WTO since the protection of IP rights is no more a trade issue than many other similar issues. This is the first time that a set of well-known experts has dealt in a comprehensive manner with the vast array of issues regarding the coming-into-being, the functioning and the perspectives of the TRIPs regime under the aegis of the WTO. These two volumes will provide very useful guidance to students and policymakers alike dealing with protection of IP rights and international trade.’ -- = Petros C. Mavroidis, Columbia Law School, US and University of Neuchâtel, SwitzerlandTable of ContentsContents: Preface Carlos M. Correa HISTORY, INTERPRETATION AND PRINCIPLES 1. Why IPR Issues Were Brought to GATT: A Historical Perspective on the Origins of TRIPS Charles Clift 2. Developing Countries in the Global IP System Before TRIPS: The Political Context for the TRIPS Negotiations Carolyn Deere-Birkbeck 3. Minimum Standards vs. Harmonization in the TRIPS Context: The Nature of Obligations under TRIPS and Modes of Implementation at the National Level in Monist and Dualist Systems Denis Borges Barbosa 4. Enhancing Global Innovation Policy: The Role of WIPO and its Conventions in Interpreting the TRIPS Agreement Graeme B. Dinwoodie and Rochelle C. Dreyfuss 5. The Objectives and Principles of the TRIPS Agreement Peter K. Yu 6. Mainstreaming the TRIPS and Human Rights Interactions Xavier Seuba 7. The TRIPS Agreement and Intellectual Property Rights Exhaustion Luis Mariano Genovesi 8. Intellectual Property Rights and Competition Policy Beatriz Conde Gallego 9. Intellectual Property Rights in Free Trade Agreements: Moving Beyond TRIPS Minimum Standards Pedro Roffe, Christoph Spennemann and Johanna von Braun SUBSTANTIVE RIGHTS 10. Limits, Limitations and Exceptions to Copyright under the TRIPS Agreement P. Bernt Hugenholtz 11. Copyright in TRIPS and Beyond: The WIPO Internet Treaties Ruth L. Okediji 12. The Protection of ‘Related Rights’ in TRIPS and the WIPO Performances and Phonograms Treaty Owen Morgan 13. Marks for Goods or Services (Trademarks) Annette Kur 14. Unresolved Issues on Geographical Indications in the WTO Kasturi Das 15. No ‘Lemons’ No More: A Sketch on the ‘Economics’ of Geographical Indications Dwijen Rangnekar 16. Exploring the Flexibilities of TRIPS to Promote Biotechnology in Developing Countries Graham Dutfield, Lois Muraguri and Florian Leverve 17. Compulsory Licensing of Patented Pharmaceutical Inventions: Evaluating the Options Jerome H. Reichman 18. The Doha Declaration and Access to Medicines by Countries Without Manufacturing Capacity S.K. Verma 19. Disease-based Limitations on Compulsory Licenses Under Articles 31 and 31bis Kevin Outterson 20. The Protection of Semiconductor Chip Products in TRIPS Thomas Hoeren 21. Data Exclusivity for Pharmaceuticals: TRIPS Standards and Industry’s Demands in Free Trade Agreements Carlos M. Correa Index

Read more less

Book SynopsisThis volume focuses on the crucial economic, political and legal aspects of global trading arrangements in the current transitional stage of the integration process. It provides an evaluation of the deepening and widening of the integration process, and places particular emphasis on the contentious issues which arise in the process of integrating previously unequal partners.Nations are contemplating taking part in various integration initiatives and schemes for a variety of purposes. They anticipate discernible improvements in the well-being of their citizens - that is, a rise in living standards resulting from closer economic integration. The international diverse group of authors begins by examining the general issues confronted by countries engaging in various levels of integration. They then go on to discuss theoretical and empirical studies of the implications of economic integration on welfare and public policy. It specifically addresses issues such as the impact on industry in participating countries and the effects of NAFTA on Mexico.This book will be welcomed by practitioners, academics and students interested in economic integration, international economics, political science and international business.Table of ContentsContents: Introduction Part I: Trade Theory, Policy and Welfare 1. Economic and Financial Integration 2. Implications of NAFTA on the Trade of US Economies 3. Welfare Effects of the Completion of the Single European Market 4. NAFTA, The EU and Agricultural Trade 5. The State of the Welfare State in the EU, Anno 1992 6. Economic Integration and Regional Economic Convergence in NAFTA and the EU Part II: Impact of Economic Integration on Industrial Organization 7. The Role of Small and Entrepreneurial Firms in Achieving Economic Integration during the Transition from Command to Market-based Economies 8. Trade Liberalization in Eastern European Countries and the Prospects of their Integration into the World Trading System 9. Long-run and Short-run Effects of Economic Integration on the Inflow of Foreign Direct Investment 10. Japanese Manufacturing FDI’s in Europe 11. Tendencies and Idiosyncrasies of European Trading Partners Part III: Lessons from the Case of Mexico 12. The Growing Anti-immigrant Debate in the North American Region and its Impact on Mexico 13. NAFTA and Mexico 14. Successful Integration and Economic Distress 15. Economic Integration, Exchange Rate and Competitiveness

Read more less

Book SynopsisAlgorithms are ubiquitous in our daily lives. They affect the way we shop, interact, and make exchanges on the marketplace. In this regard, algorithms can also shape competition on the marketplace. Companies employ algorithms as technologically innovative tools in an effort to edge out competitors. Antitrust agencies have increasingly recognized the competitive benefits, but also competitive risks that algorithms entail. Over the last few years, many algorithm-driven companies in the digital economy have been investigated, prosecuted and fined, mostly for allegedly unfair algorithm design. Legislative proposals aim at regulating the way algorithms shape competition. Consequently, a so-called “algorithmic antitrust” theory and practice have also emerged. This book provides a more innovation-driven perspective on the way antitrust agencies should approach algorithmic antitrust. To date, the analysis of algorithmic antitrust has predominantly been shaped by pessimistic approaches to the risks of algorithms on the competitive environment. With the benefit of the lessons learned over the last few years, this book assesses whether these risks have actually materialized and whether antitrust laws need to be adapted accordingly. Effective algorithmic antitrust requires to adequately assess the pro- and anti-competitive effects of algorithms on the basis of concrete evidence and innovation-related concerns. With a particular emphasis on the European perspective, this book brings together experts and scrutinizes on the implications of algorithmic antitrust for regulation and innovation. Table of ContentsPrologue: Algorithmic Antitrust – A Primer.- Algorithmic Antitrust – A Critical Overview.- Algorithmic Antitrust and Consumer Choice.- Algorithms, Big Data, and Merger Control.- Reasons to be Cheerful – The Benevolent Market Power of Decentralised Blockchains.- Blockchain Antitrust.- The Technology Innovation Time Gap in European Competition Law: Assessing the European Commission’s Approach.- Epilogue: Algorithmic Antitrust – A Questioning.

Read more less

Book SynopsisHow the WTO deals with regional trade agreements (RTAs) is conceptually and practically one of the most important questions in international trade law. This book clarifies that relationship focussing on one form of regional integration – customs unions – and one form of trade measures – anti-dumping measures. This book answers the question how anti-dumping measures and legislation change if a state is in a customs union as well. In doing so, this book provides a new reasoning why anti-dumping measures are modified in customs unions, as well as a comprehensive overview of how this has happened, a legal analysis on the legality of these changes, and an answer to the question how the different institutional settings have impacted questions of responsibility and attribution. Going beyond this, this book also considers the specific problems that arise in cases of economic integration and disintegration, and finally, the impact forming a customs union has on third parties that may impose anti-dumping measures on states that are members of a customs union.Table of ContentsIntroduction.- Why do Customs Unions Contain Rules on Anti-Dumping?.- Practice in Customs Unions.- WTO Framework.- Responsibility for and Attribution of Anti-Dumping Measures.- Economic Integration and Economic Disintegration.- Anti-Dumping Measures Against Customs Unions.- Conclusions.

Read more less

Book SynopsisThis open access book examines the governance and legal landscape of the global commodity sector. For that purpose, the author conceptualises both Global Commodity Governance (GCG) as well as Transnational Commodity Law (TCL). He defines the key terms of Global Commodity Governance, delineates the underlying legal framework of Transnational Commodity Law, and assesses the effectiveness of Transnational Commodity Law in fostering a functional commodity sector. “Sustainable Commodity Use” is based on a comprehensive analysis of over 250 international agreements, standards, and guiding documents. The author distils the main findings into a conceptualisation of Transnational Commodity Law and provides the reader with a succinct overview of its normative configurations as well as regulatory gaps. Moreover, he elaborates a taxonomy of International Commodity Agreements. In addition, an outline of the normative substance of Transnational Commodity Law features in an appendix to the main text. The author concludes by making concrete suggestions on how rules regulating commodity activities de lege ferenda could and should be designed to improve the effectiveness of law regulating transnational commodity activity. In doing so, he demonstrates the application of the sustainable use principle as the overall objective and purpose of Transnational Commodity Law and discusses International Commodity Agreements as future regulatory instruments. This book may assist lawmakers, practitioners, civil society advocates, and academics worldwide in developing a legal framework for sustainable global commodity activity.Table of ContentsIntroduction.- The emergence of Global Commodity Governance.- Conceptualising TCL.- The effectiveness of TCL.- Fostering the effectiveness of TCL.- Conclusions.- The substance of TCL: An outline.

Read more less

Book SynopsisThis open access book offers a new account on the legal conflict between privacy and trade in the digital sphere. It develops a fundamental rights theory with a new right to continuous protection of personal data and explores the room for the application of this new right in trade law. Replicable legal analysis and practical solutions show the way to deal with cross-border data flows without violating fundamental rights and trade law principles. The interplay of privacy and trade became a topic of worldwide attention in the wake of Edward Snowden’s revelations concerning US mass surveillance. Based on claims brought forward by the activist Maximilian Schrems, the ECJ passed down two high-profile rulings restricting EU-US data flows. Personal data is relevant for a wide range of services that are supplied across borders and restrictions on data flows therefore have an impact on the trade with such services. After the two rulings by the ECJ, it is less clear then ever how privacy protection and trade can be brought together on an international scale. Although it was widely understood that the legal dispute over EU-US data flows concerns the broad application of EU data protection law, it has never been fully explored just how far the EU’s requirements for the protection of digital rights go and what this means beyond EU-US data flows. This book shows how the international effects of EU data protection law are rooted in the EU Charter of Fundamental Rights and that the architecture of EU law demands that the Charter as primary EU law takes precedence over international law. The book sets out to solve the problem of how the EU legal data transfer regime must be designed to implement the EU’s extraterritorial fundamental rights requirements without violating the principles of the WTO’s law on services. It also addresses current developments in international trade law – the conclusion of comprehensive trade agreements – and offers suggestion for the design of data flow clauses that accommodate privacy and trade.Trade Review“This is quite a stark finding — that lacklustre supervision and enforcement could violate not only EU law but even WTO law (who would have thought that?) — and an illustration of the rich and thought— provoking writing found in this doctoral thesis. It is a book about which much more could be said than the limited space of a standard book review would allow.” (Jacob Kornbeck, Journal of Data Protection & Privacy, Vol. 6 (2), 2023)Table of Contents1. Introduction.- Part One - European Data Protection Law.- 2 The Global Right to Data Protection.- 3. The Restrictive Effect of the Legal Mechanisms for Data Transfers in the European Union.- Part Two - International Trade Law.- 4. Restrictions on Data Transfers and the WTO.- 5. Restrictions on Data Transfers and Trade.- Part Three.- 6. Concluding Remarks: Data Protection without Data Protectionism.

Read more less

Book SynopsisThis book offers an in-depth analysis of the WTO security exceptions and relevant rulings by WTO dispute settlement panels. The WTO security exceptions are commonly regarded as the "box of Pandora" of the WTO system, since WTO Member States can invoke them in order to justify trade restrictions violating WTO law which they consider necessary for their essential security interests. The Members of the WTO and the GATT 1947 have hesitated for decades to rely on these security exceptions. In recent years, however, these clauses have been invoked for the first time in high-profile disputes involving Russia and Ukraine, Saudi Arabia and Qatar, as well as the US, China, the EU and other nations. This has been regarded as the turn of an era in view of the risk that the security exceptions could be instrumentalized to undermine the WTO and the international economic governance system more generally. This study therefore thoroughly analyses the WTO panel reports issued in these landmark cases. It also explains the geopolitical relevance of the increasing invocation of security clauses and argues that the legally and methodologically sound application of the WTO security exceptions, which have often been regarded as “self-judging” provisions, requires a proportionality analysis encompassing tests of the suitability and necessity of the trade measures to be justified under these truly exceptional clauses. Table of Contents1 Introduction.- 2 (Geo-)Political Background: From Interdependence to “Permanent Exceptionalism”?.- 3 The Security Exceptions in the GATT and TRIPS as Interpreted and Applied.- 4 Methodological Aspects: Curtailing “Trump Cards” through Good Faith and Proportionality?.- 5 Concluding Remarks.

Read more less

Book SynopsisThe book analyzes socioeconomic through the lens of a lawyer. In the past decade the world has witnessed some severe financial and economic crises, espe­cially the financial crisis of 2007-2008 and the crisis caused by the COVID-19 pandemic. The author states that the socio-economic order has in the past four to five decades been thoroughly redesigned, generally favouring models that prio­ritize the free market over the public interest or even, more generally, government operation. He works out that during four to five decades, globalized, capitalist societies are facing a multiplicity of fundamental problems, such as: (1) increasing debt that severely burdens both the private and public sectors; (2) persistent poverty and an ever-increasing polarization between rich and poor, in addition to (3) intractable environmental problems that, fifty years after the Club of Rome's report entitled ‘Limits to growth’ (1972), has dragged the world into what in recent years has been referred to as "climate change."The book explains why all this is the direct result of value choices made from the late Middle Ages onwards, when in the Western world the societal models of that time were increasingly abandoned for a societal model that came to rely on the primacy of economic interests. The book not only subjects the ethical choices but also examines various problems it has caused and probes for possible ways out.This is an open access book.Table of Contents Chapter 1. The principles of capitalism questioned.- Chapter 2. Revisiting some building blocks of contemporary capitalism that center selfishness.- Chapter 3. Unsustainability of the capitalist socio-economic order.- Chapter 4. Revisiting an alternative method of money creation on behalf of states and certain, international, and supranational institutions as a possible way out of capitalism.- Chapter 5. From neoliberal punitive states to states of care.- Chapter 6. Alternative methods of money creation for the benefit of the private sectors.- Chapter 7. Conceptualization and sense of reality of some new, legal models for conducting an enterprise.- Chapter 8. Final Conclusions I: Capitalism as an unjust system of socio-economic order.- Chapter 9. Final Conclusions II: Establishing a new monetary order as a foundation for a new type of societies.

Read more less

Book SynopsisThe book analyzes socioeconomic through the lens of a lawyer. In the past decade the world has witnessed some severe financial and economic crises, espe­cially the financial crisis of 2007-2008 and the crisis caused by the COVID-19 pandemic. The author states that the socio-economic order has in the past four to five decades been thoroughly redesigned, generally favouring models that prio­ritize the free market over the public interest or even, more generally, government operation. He works out that during four to five decades, globalized, capitalist societies are facing a multiplicity of fundamental problems, such as: (1) increasing debt that severely burdens both the private and public sectors; (2) persistent poverty and an ever-increasing polarization between rich and poor, in addition to (3) intractable environmental problems that, fifty years after the Club of Rome's report entitled ‘Limits to growth’ (1972), has dragged the world into what in recent years has been referred to as "climate change."The book explains why all this is the direct result of value choices made from the late Middle Ages onwards, when in the Western world the societal models of that time were increasingly abandoned for a societal model that came to rely on the primacy of economic interests. The book not only subjects the ethical choices but also examines various problems it has caused and probes for possible ways out.This is an open access book.Table of Contents Chapter 1. The principles of capitalism questioned.- Chapter 2. Revisiting some building blocks of contemporary capitalism that center selfishness.- Chapter 3. Unsustainability of the capitalist socio-economic order.- Chapter 4. Revisiting an alternative method of money creation on behalf of states and certain, international, and supranational institutions as a possible way out of capitalism.- Chapter 5. From neoliberal punitive states to states of care.- Chapter 6. Alternative methods of money creation for the benefit of the private sectors.- Chapter 7. Conceptualization and sense of reality of some new, legal models for conducting an enterprise.- Chapter 8. Final Conclusions I: Capitalism as an unjust system of socio-economic order.- Chapter 9. Final Conclusions II: Establishing a new monetary order as a foundation for a new type of societies.

Read more less

Book SynopsisThis book provides innovative and empirically based insights into the ongoing debate on the fragmentation of international trade law. It offers the reader a much-needed doctrinal overview of the different approaches to the issue of fragmentation and reveals their inherent methodological advantages and limitations. On this basis, the book then approaches the issue of fragmentation from an empirical standpoint by applying a novel dataset on Preferential Trade Agreements’ Dispute Settlement Mechanisms (PTA-DSMs), which have been used to adjudicate general exception clauses within the context of the individual PTA Members’ obligation to liberalize trade in goods. Although the results remain limited to the single issue of PTA-DSM adjudication for liberalization of trade in goods, they are indicative of key misconceptions regarding the fragmentation of ITL. As the findings confirm, the PTA-DSMs assessed have ultimately come to equivalent decisions, taking into consideration their overall use, the nature of the legal commitments embedded in the respective PTAs, and the economic wellbeing of the respective PTA partners. The book reveals the influence of specific PTA-DSMs on other PTA-DSMs and thereby paves the way for legal unification, rather than fragmentation.Table of Contents1. Introduction.- 2 Fragmentation of International Trade Law due to the activity of PTA-DSMs. -3. Revisiting methodological shortcomings for assessing the role of PTA-DSMs for the fragmentation of international trade law.- 4. Developing the Ramifications for the Analysis on the Contribution of Active PTA-DSMs to the Diversity in the Regulation of International Trade.- 5. Putting the revisited methodology to practice.- 6. Results on PTA-DSMs’ role for the fragmentation of international trade law.- 7. General conclusion.8. Annex.- 9. Bibliography.

Read more less

Book SynopsisThis volume considers novel emerging issues in international economic law, as well as new methodological approaches to more familiar topics. It brings together a diverse range of contributors from five continents, who share invaluable perspectives on a wide range of issues in international economic governance.In doing so, this volume delves deeply into some of the most challenging emerging areas in international economic law, approaching them from an interdisciplinary perspective that brings together legal, economic, and political analysis. Intended for academics and practitioners at all stages of their careers, many of the areas considered in this volume are either entirely new or are being revisited after periods of dormancy. It is our hope that these contributions will yield fresh insights into these new and “classic” areas of IEL.We consider diversity and inclusivity foundational values in IEL. The wealth of ideas showcased in this volume present us with an opportunity to appreciate different facets of originality and rigour in legal academic writing, further highlighting the range of methodological and stylistic preferences of emerging legal scholars in IEL. In June 2022, forty emerging international economic law scholars were selected to present their papers at PEPA/SIEL, where they received feedback from senior members of the SIEL community and beyond. The discussions were lively, stimulating and enriching, leading the editors of this volume to propose putting a selection of the papers into a published book.Table of ContentsPart I: New Approaches to International Economic Law.- The Depoliticization of Investment Disputes – How Deep Does the “Rabbit Hole” Go.- The OECD Good Regulatory Practices toolbox and Brazil's reform through transnational lenses.- The Role of Multilateral Institutions in the Perpetuation of Climate Breakdown and Vulnerability.- A TWAIL Approach to Reforming the International Investment Regime.- Part II: Technology and Innovation in International Economic Law.- 3D Printing, Valuation, and Service Inputs: Looking to the Future Rather Than the Past to Design Rules of Origin for Advanced Manufactured Products.- Challenges and Possibilities for Classifying Digital Cultural Products in the WTO: A Case Study of Video Games.- E-Commerce Provisions in Regional Trade Agreements and what they mean for African MSMEs.- Part III: Public Policy and International Economic Law.- Pursuing geo-political interests through investment policies: undesirable and (un)feasible.- The Anti-Coercion Instrument: Is the EU renouncing its ‘Multilateralist’ DNA?.- The Principle of Autonomy of EU Law in the Context of Investor-State Dispute Settlement: A Public Policy Norm?.- MFN Dilemma in India’s DTAAs Post-Concentrix Ruling: A Ticking Time Bomb.- Part IV: Trade Regulation.- Energy Transit under GATT Article V and Energy Transit Dispute Resolution at the WTO.- EU Imported Biodiversity Loss – the Gaps and Overlaps Between Trade Impact and Provisions on Biodiversity in EU Free Trade Agreements.- Multilateral and Bilateral Trade Agreements at the Service of ‘Common Interest.

Read more less

Book Synopsis1 The new phenomenon in investment arbitration.- 2 Definition, history and basic mechanism of tpf.- 3 Existing and potential procedural problems in tpf in investment arbitration: analysis of the case law.- 4 Empirical research in the TPF market.- 5 Third-party funding: threat or facilitator of the system - an ethical dilemma.- 6 Conclusion.- 7 The best practice guideline for funders operating in investment arbitration.- Appendix - investment arbitration cases.

Read more less

Book SynopsisIntroduction.- Scientific Background.- The European Court of Justice’s Decision on Genome Editing.- The Regulation of Genetically Modified Plants in the European Union.- The EU’s Obligations under WTO law and CETA.- EU Regulations on Genome Edited Plants under WTO Law and CETA.- The Future of Genome Edited Plants in the EU.- Concluding Remarks.- Summary of Results.

Read more less

Book SynopsisIntroduction.- Part I. Context and Theoretical Background.- Navigating Environmental Concerns and Sustainability in Contemporary International Investment Agreements.- Part II. Vietnam’s Policies and Legislation on FDI and Environmental Protection: A Continuing Journey.- Vietnam’s Foreign Direct Investment Policy and Legislation Evolution.- Vietnam’s Environmental Protection Policy and Legislation: Abundant but Ineffective.- Part III. Exercising the Right to Protect the Environment under the EVIPA.- The EU - Vietnam Trade and Investment Agreements: Preserving Regulatory Space for Environmental Protection.- Expropriation and Indirect Expropriation Provisions under the EVIPA.- Fair and Equitable Treatment Standard under the EVIPA.- Fair and Equitable Treatment Standard under the EVIPA.- General Exception Clause under the EVIPA.- Part IV. Harmonising Environmental Protection Goals in Foreign Direct Investment Management in Vietnam – Policy Implications.- 10 Regulatory Right under the EVIPA: Policy Implications and Key Considerations for Vietnam.- Outlook.

Read more less

Book Synopsis

Read more less

Book SynopsisDieses Buch untersucht interdisziplinär die Erfolgsfaktoren für Wirtschaftsmediation. Rechtsanwalt und Mediator Dr. iur. Detlev Berning hat renommierte Vertreter aus Wirtschaft, Politik und Wissenschaft eingeladen, Einblick zu geben in die jeweilige Konfliktkultur ihrer Bereiche und in ihre Erfahrungen mit Mediation. Im Fokus steht dabei die Frage, unter welchen Voraussetzungen Mediation Erfolg haben kann, welchen Veränderungen Organisationen sich stellen (müssen) und welche Entwicklungen in Zukunft zu erwarten sind. Zudem wird diskutiert, inwiefern Mediation in Unternehmen und anderen Organisationen zu „guter Führung“ beitragen kann.Mit Interviews und Fachbeiträgen von Prof. Patrick Sensburg (Mitglied des Deutschen Bundestages), Prof. Claude-Hélène Mayer (Universität Frankfurt/Oder), Dr. Gerhard Stamer (Universität Bamberg), Dr. Antje von Dewitz (Vaude), Martin Kind (Kind Hörgeräte) sowie Vorständen, Aufsichtsräten und anderen Top-Managern.Trade Review“… Wer Anregungen von Führungskräften zur Etablierung eines Konfliktmanagementsystems im eigenen Unternehmen wünscht oder wer Einblicke in die aktuelle Diskussion um den Umgang mit Konflikten in Wirtschaftsorganisationen erhalten möchte, wird dieses Buch genießen. … Es macht deutlich, dass sich Unternehmen aus unterschiedlichen Gründen schneller als bisher auf Umweltveränderungen einstellen müssen und diese Veränderungen zu Konflikten führen. ... Hinweise darauf, wie diese »Einstellung auf Konflikte« erreicht werden kann, bietet das Buch in großer Fülle.” (Anusheh Rafi, in: Konflikt Dynamik, Jg. 8, Heft 1, 2019)Table of ContentsWirtschaftsmediation im Blickpunkt – Perspektiven anderer Disziplinen.- Wirtschaftsmediation in der Praxis.- Wirtschaftsmediation und gute Führung.

Read more less

Book SynopsisDieses Fachbuch bietet auf übersichtliche und kompakte Weise einen schnellen Zugang zur Rechtsform Aktiengesellschaft. Die Darstellung deckt dabei die gesamte Bandbreite des Aktienrechts ab, ohne sich übermäßig an wissenschaftlichen Diskussionen zu Einzelproblemen aufzuhalten. Dennoch wird der neueste Stand von Wissenschaft und Rechtsprechung pointiert und praxisnah dargestellt. Das Buch vermittelt daher vor allem Praktikern, die keinen juristischen Hintergrund haben, im Rahmen ihrer Tätigkeit aber häufiger mit Aktiengesellschaften in Berührung kommen, ein solides Rüstzeug, indem es einen Überblick über die größeren rechtlichen Zusammenhänge gibt.Table of ContentsGründung der Aktiengesellschaft und Begriff der Aktie.- Rechtsstellung des Aktionärs.- Organisationsverfassung der AG.- Finanzverfassung der AG.

Read more less

Book SynopsisDieses Werk widmet sich der unternehmerischen Vertragsverhandlung. Die hier erörterten Erkenntnisse, Taktiken und Strategien können sowohl in Verhandlungen zwischen Unternehmen als auch bei unternehmensinternen Verhandlungen Anwendung finden. In die Betrachtung fließen daher interdisziplinär psychologische, rechtliche und betriebswirtschaftliche Aspekte sowie Erkenntnisse aus der Kommunikationswissenschaft ein. Die Taktiken und Strategien sowie die rechtlichen Rahmenbedingungen und ihre Auswirkungen auf Verhandlungen sind zentraler Schwerpunkt des Buches. Darüber hinaus werden auch Gesamtkonzepte, Techniken, Hilfsmittel, tatsächliche Rahmenbedingungen, Mechanismen sowie Grundbegriffe und -probleme erörtert. Die Lektüre ist für Interessierte ohne Vorkenntnisse, insbesondere aber auch für erfahrene Verhandler interessant, da sie hilft, das praktisch Erlebte zu verstehen, die dahinter stehenden Wirkungsmechanismen zu erkennen und darauf aufbauend die eigenen Taktiken und Strategien zu verbessern.Trade Review“... reich mit neuen Erkenntnissen belohnt. Denn hinter jedem Schlagwort steht ein ganzes Konzept. Wer in dem Werk stöbert, findet also einen ziemlich umfassenden und erschöpfenden Fundus an verhandlungstheoretischen Ansätzen. Sicherlich eine wertvolle Hilfe für alle, die in ihrem Verhandlungsgeschickt schon weit fortgeschritten sind. ” (Niederrhein Manager, Heft 4, 2018)Table of ContentsPlanung und Ablauf von Vertragsverhandlungen.- Erörterung von zentralen Gesamtkonzepten, Strategien, Taktiken, Techniken, Hilfsmitteln, Rahmenbedingungen, Mechanismen sowie Grundbegriffen und -problemen der Vertragsverhandlung.- Systematische Betrachtung der Vertragsverhandlung.- Themenlisten u.a. zu Kommunikationstechniken, kompetitivem und kooperativem Verhandeln, Lösungen und Kompromissen sowie den rechtlichen Rahmenbedingungen von Verhandlungen.

Read more less

Book SynopsisElektromobilität ist spätestens seit dem Pariser Klimaschutzabkommen und Fridays for Future im Fokus der Öffentlichkeit. Bis 2030 soll 20 % des Verkehrs elektrisch fahren. Diesbezüglich stehen oft die technischen Herausforderungen der Elektromobilität im Vordergrund. Die grundsätzlichen Fragen der Energiewirtschaft stehen oft im Hintergrund: Welche Aufgabe hat welche Marktrolle (Netz, Vertrieb, MSB…)? Welche Marktrolle nimmt der Ladesäulenbetreiber ein? Wie wird mit Drittstrommengen durch Ladesäulen auf Betriebsgeländen umgegangen? Diese Fragen und vieles mehr, soll das Buch: Die Rolle des Ladesäulenbetreibers, Elektromobilität in der Energiewirtschaft beantworten. Im Gegensatz zu bestehender Literatur soll nicht die Integration in die Stromnetze oder der Aufbau eines E-Autos im Vordergrund stehen, vielmehr sollen die energiewirtschaftlichen Zusammenhänge und Aufgaben der Marktrollen im Vordergrund stehen. Das Buch soll den klaren Fokus haben, Praktiker in ihrem Arbeitsalltag zu unterstützen. Table of ContentsAktueller Stand der Elektromobilität.- Typen von Ladesäulen.- Geltende Rechtsnormen.- Regulatorischer Rahmen.- Private Ladeinfrastruktur.- Halb-öffentliche Ladeinfrastruktur.- Öffentliche Ladeinfrastruktur.- Mapping der EU-Richtlinie zur Elektromobilität vs. Ladesäulenverordnung.- Nationaler Strategierahmen.- Förderung nichtöffentlicher Ladepunkte.- Einhaltung technischer Mindeststandards.- Einsatz von intelligenten Messsystemen.- Preisgestaltung.- Diskriminierungsfreier Netzzugang für Ladesäulenbetreiber.- Nachweispflichten.- Abrechnung.- Bürgerbeteiligung.- Standortkonzept.- Antragsverfahren.- Aufstellen der Ladesäule.-Ladesäulenbetreiber.- Vertragsabschluss Energiebelieferung.- Authentifizierung Ladesäulennutzer.- Rechnungsstellung.- Datenschutz.- Pflichten im Zusammenhang des Betriebs der Ladesäule.- Intelligenter Messstellenbetreiber.- Rechte des Ladesäulennutzers.- Regulatorische Einordnung der Ladesäule.- Zugangsansprüche für Ladesäulennutzer.- Preisgestaltung an der Ladesäule.- Abrechnungsformen an der Ladesäule.- Ad-hoc Laden an der Ladesäule.- Human-Machine-Interfaces bei Ladesäulen.- Reaktionszeiten von Datenaustauschprozessen.- Ausblick.

Read more less

Book SynopsisThis book examines the impact and shortcomings of the TRIPS Agreement, which was signed in Marrakesh on 15 April 1994. Over the last 20 years, the framework conditions have changed fundamentally. New technologies have emerged, markets have expanded beyond national borders, some developing states have become global players, the terms of international competition have changed, and the intellectual property system faces increasing friction with public policies. The contributions to this book inquire into whether the TRIPS Agreement should still be seen only as part of an international trade regulation, or whether it needs to be understood – or even reconceptualized – as a framework regulation for the international protection of intellectual property. The purpose, therefore, is not to define the terms of an outright revision of the TRIPS Agreement but rather to discuss the framework conditions for an interpretative evolution that could make the Agreement better suited to the expectations and needs of today’s global economy.Table of ContentsPart I Revisiting the Policy Rationale of TRIPS.- Part II TRIPS as a Legal Framework: Which Geometry?.- Part III Systems Challenges.-Part IV TRIPS and Countervailing Principles.- Part V Exclusivity, Access and Innovation.- Part VI From Enforcing to Enhancing TRIPS.

Read more less

Book SynopsisDies ist das begleitende Arbeitsbuch zum Lehrbuch "Grundlagen der Mikroökonomik". Es bietet eine in dieser Form einzigartige und gründliche Einführung in die Mikroökonomik. Jedes Kapitel bietet eine Vielfalt an Übungen, von grundlegenden Multiple-Choice-Fragen bis hin zu herausfordernden mathematischen Problemen und Fallstudien. Das Lehrbuch ist durch zwei Besonderheiten gekennzeichnet. Erstens entwickelt es einen integrativen Ansatz, welcher die zentralen Ergebnisse der ökonomischen Forschung in einen größeren Erkenntniszusammenhang einbettet. Dabei werden Folgerungen für die Gestaltung des Rechtssystems ebenso wie für die Entwicklung von Unternehmensstrategien systematisch entwickelt, und die Theorien werden einer kritischen philosophischen Reflexion unterzogen sowie mit Vorstellungen der Sozialwissenschaften verglichen. Zweitens legt das Buch einen Schwerpunkt auf kurze sowie umfassende Fallstudien, die die Bedeutung der Theorien für die Praxis unterstreichen. In dieser zweiten Auflage des Arbeitsbuches werden die bisherigen Kapitel um neue Aufgaben ergänzt. Darüber hinaus finden sich Aufgaben zur traditionellen Entscheidungstheorie unter Risiko und Unsicherheit, zur Verhaltensökonomie sowie zu verhaltensrelevanten Erkenntnissen aus den Neurowissenschaften, der Evolutionspsychologie und der narrativen Psychologie. Table of ContentsGrundlagen.- Spezialisierung und Tausch.- Märkte und Institutionen - Einführung.- Angebot und Nachfrage bei Vollständigem Wettbewerb.- Normative Ökonomik.- Externalitäten.- Entscheidungstheorie und Konsumentenverhalten.- Entscheidungen unter Risiko und Unsicherheit.- Grundlagen der Spieltheorie.- Verhaltensökonomik.- Grundlagen des Verhaltens und der Wahrnehmung.- Kosten.- Unternehmen auf Märkten mit Vollständiger Konkurrenz.- Unternehmensverhalten auf Monopolmärkten.- Unternehmen auf Oligopolmärkten.

Read more less

Book SynopsisDie Monographie beschäftigt sich mit dem Rechtsrahmen für Wettbewerbsbeschränkungen auf internationalen Level. Hierzu werden zunächst die Möglichkeiten der extraterritorialen Anwendung von nationalen Wettbewerbsgesetzen und deren Wirksamkeit analysiert. Aufgrund der mangelnden Effektivität werden multilaterale Initiativen der WTO, OECD und UNCTAD berücksichtigt, die jedoch aufgrund der fehlenden Bindungswirkung als Lösung ausscheiden. Im Anschluss werden das europäische Wettbewerbssystem und die Abkommen der EU mit Drittstaaten untersucht, hierbei wird unterschieden nach dem Integrations- bzw. Assoziierungsgrad der einzelnen Staaten. Teil der Analyse sind insbesondere die spezifischen Wettbewerbsabkommen der EU bzw. der MoU der Wettbewerbsbehörden, aber auch der Assoziierungs- und Freihandelsabkommen. Abschließend wird anhand der Ergebnisse ein eigener Vorschlag für einen internationalen Rechtsrahmen vorgelegt.Table of Contents0.1. ​Inhaltsverzeichnis.- 0.2. Abkürzungsverzeichnis.- 1. Einführung.- 2. Grundlagen.- 3. Lösungen auf multi- bzw. plurilateraler oder regionaler Ebene.- 4. Bilaterale Lösungen der EU.- 5. Die Europäische Strategie: Modell für internationale Wettbewerbsregeln.- 6. Ausblick.- 7. Thesen der Untersuchung.- 8. Bibliographie.

Read more less

Book SynopsisGrenzen der Privatautonomie bei digitalen Geschäftsmodellen von Michael Ganner und Maria-Kristina Steiner.- Das neue europäische Gewährleistungsrecht für die digital economy von Johannes W. Flume und Peter Poneder.- Zahlungsinstrumente im Online-Geschäftsverkehr und internationale Gerichtszuständigkeit von Christoph Perathoner.- Internationalprivatrechtliche Probleme alternativer Zahlungsmethoden im Online-Handel von Simon Laimer.- Gesetzliche Zahlungsmittel in elektronischer Form und demokratische Staaten von Carola Pagliarin.- Die Regulierung von Krypto-Dienstleistern im EWR MiCAR ante portas von Nicolas Raschauer und Rene Kreisl.- Initial Coin Offerings (ICOs) von Matteo de Poli.- EU-verfassungs- und wettbewerbsrechtlicher Rahmen der Regulierung digitaler Geschäftsmodelle von Thomas Müller.- From the AI white paper of the European Commission to the Draft AI-Act contours of a legal framework for AI in statu nascendi von Belen Olmos-Giupponi und Hannes Hofmeister.- Zur Notwendigkeit der Regulierung digitaler Geschäftsmodelle von Andreas Schwartze.

Read more less

Book SynopsisThis volume explores relations between socialist planned economies of Central and East European countries and capitalist market economies of neutral states in Europe during the Cold War. It focuses on the significant role of neutral countries as path-breakers in building East-West contacts.

Read more less

Book SynopsisNon-tariff measures are generally defined as policy measures other than ordinary customs tariffs that can potentially have an economic effect on international trade in goods, changing quantities traded, or prices or both. Since this definition is broad, a detailed classification is of critical importance so as to better identify and distinguish among the various forms of non-tariff measures. The classification of non-tariff measures presented here is a taxonomy of all those measures considered relevant in international trade today. It builds on an old UNCTAD classification known as the Coding System of Trade Control Measures and was developed by several international organisations forming what is called the MAST group (Multi-Agency Support Team) set up to support the Group of Eminent Persons on Non-tariff Barriers established by the Secretary General of UNCTAD in 2006. The MAST team discussed and proposed this classification, and is composed of: FAO, IMF, ITC, OECD, UNCTAD, UNIDO, World Bank and WTO. The classification is seen as evolving and should adapt to the reality of international trade and data collection needs.

Read more less

Book SynopsisThis annual report of the United Nations Committee on International Trade Law (UNCITRAL) submitted to the General Assembly covers the Fifty-second session (8–19 July 2019).

Read more less

Book SynopsisThis book provides an interesting review of Japanese monetary policies after the bubble economy. The Bank of Japan was the first central bank in advanced economies to implement the unconventional monetary policies during the period. After the Lehman shock, most advanced economies also carried out similar monetary policies to boost their own economies. The Japanese experience in the 1990s and 2000s no doubt played a key role during the period. Although various aspects of the experiences have been examined, not many books have been published based on intensive discussions between the macro and monetary theorists who have been active in academics and the practitioners who have actually been involved in monetary policy. This small but important book has focused on the Japanese experience. Evaluation of that experience found that three solid pillars are of crucial importance: theory, institution, and experience. Those form the basis of the book, without theory, no policies will be formulated and implemented, and implementation depends crucially on institution. Chapter 1 provides a clear theoretical background for the unconventional monetary policies and inflation targeting. Chapter 2 intensively explores the meaning and desirability of the independence of central banks. Chapter 3 reviews the consequences of the Japanese monetary policies in recent decades in comparison with those in other advanced economies.Table of ContentsChapter 1 Effects of Unconventional Monetary Policy and Inflation Target.- Chapter 2 Central Bank Independence under Changing Environment.- Chapter 3 Japanese Experiences in International Comparison.- Afterword.

Read more less

Book SynopsisThe Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is a free trade agreement involving major countries across the Asia Pacific region. The trade pact, which entered into force on 30 December 2018, is considered by many to be the ‘gold standard’, given its ambitious scope and depth. This volume offers multi-dimensional insights into the CPTPP and its impact on Southeast Asia. It begins with broad analyses covering the historical, economic and geopolitical aspects of the CPTPP. Subsequent chapters focus on the nature and implications of three key path-breaking provisions in the trade agreement, namely investor-state dispute settlement, intellectual property rights and state-owned enterprises. The effect of the CPTPP on Southeast Asia in terms of regional production networks is also examined from the perspective of Japanese multinational enterprises. The potential economic impact of the agreement is analysed for member countries (Vietnam and Malaysia) as well as countries that aspire to join the CPTPP in the future (Indonesia and Thailand).

Read more less

Book SynopsisThis book studies an overarching question of the challenges faced by Chinese lawmakers, Chinese listed companies, Chinese companies’ external advisers, and securities regulators in dealing with Chinese cross-border listed companies’ continuous disclosure in Australia, and how can these challenges be addressed. Chinese listed companies are struggling to meet the continuous disclosure requirements while listing in Australia and have even been depicted as having poor corporate governance and transparency. Many get delisted from the securities market in Australia subsequently due to non-compliance in continuous disclosure or are straight rejected from listing because of continuous disclosure compliance concerns. This book cuts in from this angle and delves deep into the overarching question through the following four sub-questions: What are the theories and policies behind the continuous disclosure regimes in Australia and China and how have they been differently implemented in the securities markets in these two countries? What are the deficiencies, at the intracompany level, contributing to Chinese cross-border listed companies’ non-compliant continuous disclosure in Australia? What are the limitations, from the perspective of external advisers’ efforts, contributing to Chinese cross-border listed companies’ non-compliant continuous disclosure in Australia? What are the difficulties, at the regulatory level, contributing to Chinese cross-border listed companies’ non-compliant continuous disclosure in Australia? In addressing these questions and putting forward corresponding reform proposals, this book takes not only legal but also historical, cultural, and political-economic factors into consideration.Table of ContentsIntroduction.- The evolution of and rationales for continuous disclosure requirements in Australia and China: Theoretical framework.- Application of continuous disclosure requirements: A comparative analysis of continuous disclosure provisions in Australia and China.- Continuous disclosure compliance management within Chinese listed companies: Deficiencies and enhancement proposals.- Role of external advisers in the continuous disclosure of Chinese listed companies: Limitations in the due diligence obligation and reform proposals.- Securities cross-border supervision in China: Difficulties and improvement proposals.- Conclusion.

Read more less

Book SynopsisInternational investments are governed by three different legal frameworks: 1) national laws of both the host country and the investor''s home country; 2) contracts, whether between the investor and the host country or among investors and their associates; and 3) international law, consisting of applicable treaties, customs, and general principles of law. Together, these three frameworks profoundly influence the organization, operation, and protection of foreign investments. Investors, government officials, and their legal counsel must therefore understand the complex interaction among these frameworks and how best to employ them to advance their interests.This book examines the content of each of these three legal frameworks for international investment and explores how they influence the foreign investment process and the nature of investment transactions, projects, and enterprises. The book is divided into five parts. Part I, after explaining the contemporary nature and significanceTable of ContentsPART I: INTERNATIONAL INVESTMENT AND THE LAW ; PART II: THE NATIONAL LEGAL FRAMEWORK ; PART III: THE CONTRACTUAL FRAMEWORK ; PART IV: THE INTERNATIONAL LEGAL FRAMEWORK ; PART V: CONCLUSION

Read more less

a huge range and FREE tracked UK delivery on ALL orders.

Read more less

a huge range and FREE tracked UK delivery on ALL orders.

Read more less

a huge range and FREE tracked UK delivery on ALL orders.

Read more less