Optimal Regulation and the Law of International Trade PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Optimal Regulation and the Law of International Trade PDF full book. Access full book title Optimal Regulation and the Law of International Trade by Boris Rigod. Download full books in PDF and EPUB format.
Author: Boris Rigod Publisher: ISBN: Category : Foreign trade regulation Languages : en Pages : 267
Book Description
Background: Conflicts between domestic regulatory preferences and the law of the World Trade Organization (WTO) are numerous and a constant bone of contention. The list of regulatory objectives that potentially collide with the trade interests of other WTO members include subjects, such as human health, animal welfare and cultural diversity, to mention just a few. Aim: Against this backdrop, the question this thesis aims to answer is whether the law of the WTO on domestic regulation systematically obstructs or supports governments in attaining the optimal protection of societal and individual values. In other words, the thesis asks the question of whether the relevant WTO law is efficient. In order to provide a response to the main research question, it is necessary to address a number of sub-questions: (i) when are levels of regulation optimal?; (ii) why and under which conditions are levels of regulation distorted, i.e. sub-optimal?; (iii) why and under which conditions should member states' determination of the appropriate level of regulation be subjected to the disciplines set forth in international trade agreements?; and (iv) against this background, does WTO law allow governments to pursue optimal regulatory policies? Methodology: The present thesis' methodological approach is grounded on economic theory, and in particular the terms-of-trade approach to trade agreements. While standard microeconomic theory is applied so as to assess what optimal regulation actually, the terms-of-trade approach is used to explain when governments digress from optimal solutions and what role there is for international trade law in such cases. On this basis an analytical framework is provided which is applicable to all types of conflicts between WTO members' right to regulate and the disciplines to which they are committed under the regime of the WTO. Results: the two main results reported in the thesis are that (i) domestic regulatory measures should only be subject to scrutiny by WTO bodies when they cause negative international externalities through terms of trade manipulations; and that (ii) WTO law as applied by the WTO judiciary can, due to shortcomings in the interpretative approach, indeed prevent WTO members from attaining optimal levels of regulation.
Author: Michael Trebilcock Publisher: Routledge ISBN: 1136291768 Category : Business & Economics Languages : en Pages : 961
Book Description
Drawing on a wide variety of classic and contemporary sources, respected authors Trebilcock and Howse here provide a critical analysis of the institutions and agreements that have shaped international trade rules. In light of the growing debate over globalization, they include special sections examinations of topics such as: * agriculture * services and trade-related intellectual property rights * labor rights * the environment * migration. *competition Drawing on previous highly praised editions, this comprehensive text is an invaluable guide to students of economics, law, politics and international relations. Now fully updated, this fourth edition includes full coverage of new developments including the Doha trade round, the proliferation of preferential trade agreements, the debate on trade, climate change and green energy, the response of the trading system to the 2007-2010 financial and economic crisis, the controversy over trade and exchange rate manipulation, and the growing body of WTO dispute resolution case law.
Author: M. J. Trebilcock Publisher: Psychology Press ISBN: 9780415184977 Category : Business & Economics Languages : en Pages : 640
Book Description
Introduces the rules and institutions that govern international trade. This new edition has been fully up-dated to take account of the most recent developments.
Author: Thomas Cottier Publisher: Cambridge University Press ISBN: 1139501259 Category : Law Languages : en Pages : 535
Book Description
For a long time, the GATT led a life of its own as a self-contained regime. The evolution from tariff to non-tariff barriers brought about increasing overlaps with other regulatory areas. WTO rules increasingly interface with other areas of law and policy, including environmental protection, agricultural policies, labour standards, investment, human rights and regional integration. Against this backdrop, this book examines fragmentation in international trade regulation across a wide array of regulatory fields. To this end, it uses a conceptually coherent theoretical framework which is based on the effort to bring about greater coherence among different policy goals and fields, and thus to embed the multilateral trading system within the broader framework of international economics, law and relations. It will appeal to those interested in a forward-looking discussion of the most pressing issues of the international trade agenda.
Author: Boris Rigod Publisher: Cambridge University Press ISBN: 1316453774 Category : Law Languages : en Pages : 487
Book Description
Are the limitations imposed on World Trade Organization (WTO) members' right to regulate efficient? This is a question that is only scarcely, if ever, analysed in existing literature. Boris Rigod aims to provide an answer to this fundamental concern. Using the tools of economic analysis and in particular the concept of economic efficiency as a benchmark, the author states that domestic regulatory measures should only be subject to scrutiny by WTO bodies when they cause negative international externalities through terms of trade manipulations. He then suggests that WTO law, applied by the WTO judiciary can prevent WTO members from attaining optimal levels of regulation. By applying a law and economics methodology, Rigod provides an innovative solution to the problem of how to reconcile members' regulatory autonomy and WTO rules as well as offering a novel analytical framework for assessing domestic regulations in the light of WTO law.
Author: Joel P Trachtman Publisher: World Scientific ISBN: 9814635731 Category : Business & Economics Languages : en Pages : 466
Book Description
Trade Law, Domestic Regulation and Development is about the relationship between trade, regulation and development. By combining law and economics perspectives on the international trading system, Trachtman takes an interdisciplinary approach in analyzing the topic of globalization and economic development.In a developing economy, as globalization proceeds, a critical factor is the relationship between liberalization of movement of goods, services, and people, on the one hand, and the right to regulate, including the right to regulate for development, on the other hand. In the context of market access, all countries need the right to restrict imports of goods or services that may hurt consumers or the broader society, and developing countries sometimes need the ability to subsidize their own goods and services, or sometimes to restrict imports of goods or services, in order to promote development. Nonetheless, both developed and developing countries often fall into the trap of regulating for protectionist or corrupt reasons. Finding the right balance between market access and regulation is the subject of analysis in this collected volume of 16 papers by Trachtman, and presented in a manner that is accessible and interesting to both law and economics readers. In Trachtman's own words, 'The purpose of [international] trade law in this context [globalization] seems to be to allow states to agree to avoid creating these inefficient policy externalities, not to force all states to dance to the same tune.'
Author: Indira Carr Publisher: Routledge ISBN: 1134845979 Category : Law Languages : en Pages : 1317
Book Description
International Trade Law Statutes and Conventions 2016-2018 presents all the key legislation for international trade law in one student-friendly volume. Developed in response to feedback from lecturers and students, this book is: • up-to-date with the law: this book provides a fully current and comprehensive collection of legislation • tailored to course outlines: content has been curated to align with international trade law courses • exam friendly: conforming to regulations, this is an un-annotated text that is suitable for exam use • easy to use: a clear and attractive text design, detailed table of contents and multiple indices provides ease of reference and navigation Ideal for course and exam use, as well as for reference, this book is a perfect companion resource for student learning and exam success.
Author: Boris Rigod
Author: Boris Rigod
Author: Boris Rigod
Author: Michael Trebilcock
Author: Michael J. Trebilcock
Author: M. J. Trebilcock
Author: Thomas Cottier
Author: Boris Rigod
Author: Joel P Trachtman
Author: Petros C. Mavroidis
Author: Indira Carr