In a new paper, Mark Daku and Krzysztof Pelc argue that certain countries have more influence than others in shaping the language of WTO panel and AB rulings: We argue that power is most likely to be exercised at the margins. In the case of the WTO, such power can

From Reuters: U.S. President Donald Trump on Thursday will sign a directive asking for a speedy probe into whether imports of foreign-made steel are hurting U.S. national security, two administration officials said on Wednesday. Trump is to sign the memorandum related to section 232 of the Trade

Along with many economists and globalisation scholars, my favourite graph these days is the elephant graph. Named for its distinctive elephant-shaped curve (see below), this graph by Branko Milanovic shows the rise in real incomes for people in different income brackets throughout the world over a twenty year period

... is here.  This is an excerpt: By the authority vested in me as President by the Constitution and the laws of the United States of America, and to ensure the faithful execution of the laws, it is hereby ordered as follows: ... Sec. 2.  Policy.  It shall be the policy of

This is from a DOC notice and request for comments related to the use of domestic steel and iron in pipelines: The Department of Commerce is seeking information on the construction and maintenance of American pipelines. This information will help the Department develop a plan for the domestic sourcing of

The link is here, and the full text of the DOC's "Notice of public hearing and request for comments" is below. I hope they get lots of good submissions on macroeconomics. Notice of public hearing and request for comments. Pursuant to Executive Order 13786 of March

Over at Project Syndicate, Dani Rodrik has an important essay on compensation to trade’s “losers.”  He argues that it is too late to compensate them, certainly in terms of harm done to individuals whose livelihoods have been impaired, and also in terms of political support for liberalization.  He is

This is from Commerce Secretary Wilbur Ross: Speaking ahead of the arrival in Washington of global finance officials for this week’s IMF and World Bank spring meetings, commerce secretary Wilbur Ross said those accusing the Trump administration of protectionism were firing at the wrong target. The billionaire investor, who

From the University of Szeged: Prof. Csongor István Nagy, professor of law and head of the HAS-Szeged Federal Markets “Momentum” Research Group is hosting a conference at the University of Szeged, Hungary on May 4, 2017, entitled: "Free trade, public interest and reality: new generation free trade agreements

There was this: President Trump on Wednesday said he would not label China a currency manipulator, contradicting one of the biggest economic promises he made on the campaign trail. And there was also this: COMMERCE TAKES ‘UNPRECEDENTED’ STEP IN TRADE CASE: The Trump administration flexed its enforcement muscles by taking