International Economic Law and Policy Blog (Page 386)

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Don Boudreaux on the Chinese Currency Issue

Don Boudreaux is the anti-Krugman on Chinese currency issues. In this piece, he first explains that "a lower-priced yuan causes Americans to buy fewer U.S. products and more Chinese products." Then, assuming arguendo -- more on arguendo assumptions soon in relation to the China - Publications AB

Trade Predictions for 2010

Not by me. I've tried predicting things before on this blog, without much success. But trade lawyer Scott Lincicome is willing to give it a shot. Here are his predictions (for his rationale for each one, check his blog here): Low Hanging Fruit (1) The WTO's

Carbon Tariffs on Out-of-State Coal Energy

Via Sallie James of Cato, I came across this story: Minnesota recently enacted a plan to tax electricity generated by carbon-intensive methods in North Dakota--specifically, a carbon fee of $4 to $34 per ton of CO2 emissions in addition to the normal cost of coal power. Naturally, North Dakota'

Mexico To Restrict Used Car Imports

This reminds me a bit of the Brazil - Retreaded Tyres case: Mexico will limit imports of inefficient used cars ... the energy ministry said on Tuesday. ... Stakeholders in the domestic auto market have long lobbied for limits to be placed on the import of older used cars from the United

Call for Papers: International Conference on THE POLITICAL ECONOMY OF LIBERALIZING TRADE IN SERVICES, June 14-15, Hebrew University of Jerusalem

Trade in services is central to many of the new issues on the trade policy agenda. Policy on trade in services exists in the space between traditional trade negotiations and, among other things, a range of relatively new investment-related measures and labor migration policy. Inadequate conceptualization appears, however, to limit

When Cooperation Fails: A Quick Run-down of the Opinio Juris Discussion

As Joel noted, over at Opinio Juris, they are discussing the new book by Greg Shaffer and Mark Pollack, When Cooperation Fails: The International Law and Politics of Genetically Modified Foods (Oxford, 2009). Greg and Mark introduce the book as follows:As its title suggests, When Cooperation Fails has two

Fixed Versus Floating Exchange Rates and Current Account Imbalances

Edwin Truman of the Peterson Institute asks, "Is universal floating the solution to persistent imbalances?" His answer: Universal floating is not the answer to persistent imbalances. If the exchange rates of all countries floated, or if foreign exchange market intervention were only occasional, that would help to address

When Cooperation Fails . . .

An Online Book Discussion ("When Cooperation Fails") On Tuesday, January 5, 2010, Opinio Juris (http://opiniojuris.org/) will hold an online discussion of Mark Pollack and Gregory Shaffer's new book, When Cooperation Fails: The International Law and Politics of Genetically Modified Foods (Oxford, 2009). Should be

Rum Subsidy Wars

From the WSJ Washington Wire blog: Captain Morgan rum is now produced in Puerto Rico for the British company Diageo PLC, and tax revenues on the rum are returned to the island as part of a law that comes up for renewal every year. Diageo struck a deal with the

Krugman on Responses to Alleged Chinese Currency Manipulation

Paul Krugman has another piece on China's currency policies. One thing he does in this latest piece is reject " two reasons [that have been offered] for not confronting China over its policies. " One of these he describes as follows: Second, there’s the claim that protectionism