International Economic Law and Policy Blog (Page 321)

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"Why We Should Thank the Chinese Currency Manipulators"

Here's an excerpt from an article by economist Mark Perry, arguing that Chinese currency manipulation is good for Americans: 1. China's currency manipulation is a form of foreign aid, and to the direct advantage of millions of U.S. consumers, especially low-income groups, and to the

More on Non-Market Economies

The last two posts deal with the issue of China's non-market economy status under WTO rules. I've been reluctant to weigh in on this, as there is a lot I don't know about the issue. So, instead of taking a position, let me ask

If you don't believe in the 2012 myth, do you believe in the 2016 myth?

I've been asked by a colleague to comment on this post by Bernard O’Connor at VoxEU. In the post, he claims that the view that China will automatically get market economy status (MES) after 2016 is "an urban myth that seems to have gone global. It

When Will China's NME Status End?

Over at vox, trade lawyer Bernard O'Connor argues that the end of China's NME status might be further off than many people think: There is nothing in the WTO rules, or elsewhere, to provide that China automatically gets market-economy status in 2016. The idea that it

Trade in Everything: Turkey Tails

This Bloomberg article talks about the difficulties certain Pacific nations have had with taking measures to restrict imports of unhealthy food, without violating WTO rules. The focus is on Samoa's accession committments related to imports of turkey tails: After a 13-year wait, the South Pacific island nation of

The PMI Plain Packaging BIT Claim

The Notification of Claim in the Philip Morris/Plain Packaging BIT claim is available from Australia DFAT here: http://www.dfat.gov.au/foi/downloads/dfat-foi-11-20550.pdf Here's an excerpt: (b) Specific contraventions of the Hong Kong-Australia BIT 44. The effect of plain packaging leglslalion, and for the

Video Interviews of the Birth of the WTO etc.

Just a heads up about a very interesting on-going project that Gabrielle Marceau is working on. http://www.youtube.com/thewtocreation . As described at the website itself: This project began as a tribute to Ambassador Paul Trân Van Thinh on the occasion of his 80th birthday. We set out to

The Latest Global Trade Alert Rankings

From Simon Evenett and Global Trade Alert, here is some data on who has been most protectonist recently: Which countries have inflicted the most harm? Certain emerging markets and European nations

Romney and Huntsman Debate the Nuances of WTO Law

Well, sort of. It's more detail on WTO law than one usually gets from politicians, at least. Here's something from a recent debate: Scott Pelley: That's time, Governor. But I would like to ask you a follow-up on that point. You-- you talked about

Van Harten on Investor-State Reform

In a paper posted on SSRN, law prof Gus Van Harten proposes some investor-state reforms: In border and trade talks with the US and the European Union, Canada should seek to improve the institutional framework of investor-state arbitration. As it happens, one of the best models appears to be a