International Economic Law and Policy Blog

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Simon Lester

Neoliberalism vs. Post-Neoliberalism vs. Plain Old Mixed Economies

I recently went to an event on industrial policy hosted by the Roosevelt Institute, and on one panel Rana Foroohar of the FT said the following about neoliberalism and post-neoliberalism: So let me scene set a little bit about where we've been, and in particular, the neoliberal paradigm,

The Colombia - Frozen Fries MPIA Appeal

The first MPIA appeal (and second DSU Article 25 arbitration appeal) is now underway as Colombia has appealed the Colombia - Frozen Fries (DS591) dispute. The WTO announced today that the following arbitrators will hear the case: * Mr José Alfredo GRAÇA LIMA (Chairperson) * Mr Alejandro JARA * Mr Joost PAUWELYN With

Katherine Tai on Enforcing Trade Agreements

This is a question on the enforcement of trade agreements from an event at which U.S. Trade Rep. Tai spoke today: I've always been struck at the priority you place on enforcement of trade agreements. It's always a tricky task for any administration. There have

The Origins of Trade Law's Rules on Domestic Regulation

Until now, research into the League of Nations economic discussions was a serious challenge. You needed to be an archives master like Mona Paulsen to make much progress. But things have changed with a new digitization efforts by the UN folks, which includes most -- and eventually all, I think

Where Did "Scientific Basis" Come From in Trade Rules?

At a Congressional hearing recently to confirm Alexis Taylor as Under Secretary of Agriculture for Trade and Foreign Agricultural Affairs, Taylor offered the following comments on "science-based" regulation as an international trade law principle: I think from the question of new trade deals, what I'm very

MPIA Update: Another Article 25 Arbitration Appeal Likely Coming Soon, New Dispute Sees Procedures Agreed

There are two new developments with the MPIA. First, Australia and China have agreed "to enter into arbitration under Article 25 of the DSU to decide any appeal from any final panel report as issued to the parties in dispute Australia – Anti-Dumping and Countervailing Duty Measures on Certain Products

Enforcing the IPEF: Unilateralism and Incentives vs. Adjudication

This is from an Inside US Trade article from last week: Members of the Indo-Pacific Economic Framework for Prosperity agree on a need to pursue binding commitments, ministers told Inside U.S. Trade last week, but those commitments likely will differ from those in other trade arrangements as countries consider

China Trade Monitor Post on Banned Fish Products and USMCA

China Trade Monitor is subscriber-only, but our recent post entitled "China-Mexico Trade in Banned Fish Products under Discussion in USMCA" has a tuna-dolphin/shrimp-turtle feel to it and thus may have broad appeal, so I thought I'd open it up to everyone. Here's the

The Latest Effort To Clarify FET and Indirect Expropriation

Over at Investment Arbitration Reporter, Damien Charlotin has a piece about a draft text developed by Germany and the European Commission to clarify the interpretation of the obligations on fair and equitable treatment and indirect expropriation in CETA. The draft text document is characterized as a "Draft Decision of

Katherine Tai on Policy Space and Sovereignty

This is something U.S. Trade Rep. Katherine Tai said at a Carnegie Endowment for International Peace event last week: There often is a tension between how international trade rules interact with our own domestic policies and regulations. International trade rules tend to discipline what countries can do and there&