International Economic Law and Policy Blog (Page 446)

International Economic Law and Policy Blog

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The Spread of Bailouts

There is lots of talk about bailouts these days, mostly to the financial industry. Given that there are no subsidies rules for services, we are not likely to see many WTO disputes over this. However, when the government starts bailing companies out, sometimes it becomes hard to draw the line.

Policy Space for "Smart Protectionism"

We've talked before about policy space for developing countries, often in response to Dani Rodrik blog posts, but other times as well. The following piece seemed like a great case study of the issue: http://www.policyinnovations.org/ideas/commentary/data/000082 In a nutshell, the piece makes

WTO Discrimination

I have often heard it said that non-discrimination is a fundamental principle of the WTO. Yet I have never believed that for a moment. The WTO is enamored with discrimination. This can be seen in the way that the WTO encourages governments to discriminate between countries with antidumping duties and

Where is the link between financial markets and WTO?

This last week just witnessed the largest government intervention in the financial market - the U.S. government took control of the two mortgage giants, Fannie Mae and Freddie Mac, and will acquire $1 billion of preferred shares in each and provide as much as $200 billion to the two

Conference in Singapore: The WTO in Difficult Times: New Challenges and New Prospects

The WTO in Difficult Times: New Challenges and New Prospects Dear Friends and Colleagues, It is with great pleasure that we invite you to the International Conference on "The WTO in Difficult Times: New Challenges and New Prospects", co-hosted by SMU School of Law and the Asian WTO

Russia's WTO Accession and the U.S. Presidential Election

How would Russia's WTO accession progress under an Obama-Biden administration? Everyone is talking tough about Russia right now in relation to the Georgia situation, but Joe Biden has an actual trade dispute with them: United States Senator Joseph R. Biden, Jr. (D-DE) today issued the following statement after

Society of International Economic Law on SSRN

In cooperation with the Society of International Economic Law (SIEL), the Legal Scholarship Network (LSN) is pleased to announce the SIEL Inaugural Conference Online Proceedings. These proceedings are available to all users at no charge and contain abstracts of the meeting's papers with links to the full text

WTO Rulings in EU Law: More from Bananas

EU law experts will probably have more insights into this then I will, but I thought it worth noting the latest developments in the case in which some European companies claimed compensation under EU law for financial damages arising from the U.S. sanctions in the EC - Bananas case.

State Tax Incentives on the Increase

I've complained before about the use of government tax breaks to lure investment. A new FT article indicates that such measures are on the increase among U.S. states (via Trade Diversion): Tennessee, for instance, has just disclosed that it agreed to give German carmaker Volkswagen $577m in

Esserman and Howse Rethink the WTO

At Forbes.com, Sue Esserman and Rob Howse rethink the WTO. One of their points is the following: Issues of global equity are simultaneously becoming more challenging; the WTO cannot afford to ignore the question of who gains and who loses and the fairness of those consequences. In collaboration with