International Economic Law and Policy Blog (Page 485)

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Public International Law and Economics

For those interested in the methodology of law and economics as applied to international law, it might be worth checking the latest issue of the Illinois Law Review, for a series of papers using and commenting on this method.

Global Toys

The Jan 10 FT explains that the chair of the large toy company, Hasbro, is calling for global regulatory standards for toys: The US, EU and other jurisdictions enforce unique safety regimes that can force toy companies and their suppliers, most of whom are based in China, to adopt different

Some Comments the US-Antigua Gambling Arbitration

The recent arbitration of the SCOO available for Antigua to use against the United States in the Gambling case featured some important developments (WT/DS285/ARB, 12/21/07). Perhaps the most interesting is the new standard employed by the arbitrator to determine the counterfactual that would be used to

A Rising Yuan?

The Economist reports: IN 2005 two American senators introduced a bill into Congress that threatened to slap a tariff of 27.5% on all Chinese imports unless the yuan was revalued by the same amount (their estimate of how much the currency was undervalued). That legislation was dropped, but several

Trade in Everything: Doctors Without Borders

From Dani Rodrik (via the Center for Global Development ): Seventy-five percent of Mozambican physicians practice abroad, mostly in Portugal. The corresponding numbers for Ghana and Cameroon are 56% and 46% respectively.

Who Makes the Most "American" Cars?

According to Cars.com, two of the top 10 models are from Toyota. They explain: Cars.com's American-Made Index highlights the cars that are built here, have the highest amount of domestic parts, and are bought in the largest numbers by Americans.

Musings on Anti-Dumping and Zeroing

As I read through the recent U.S. - Stainless Steel from Mexico panel report, in which the Panel rejected prior Appellate Body rulings and found that certain types of zeroing are permissible, some questions occurred to me: -- Why is injurious dumping to be "condemned," as stated in GATT

"Why not a North American Union?"

Will Wilkinson of the Cato Institute asks this question and argues: There are some who believe a grave threat to American sovereignty looms over the horizon. A shadowy cabal, they say, is planning a massive "NAFTA superhighway," a new North American currency, and a common market in goods

Greg Mastel on Global Warming versus Free Trade

Greg Mastel writes: In the United States, the Senate is considering legislation authored by Sens. Joseph Lieberman, I.-Conn., and John Warner, R.-Va., to impose an ambitious cap-and-trade system designed to reduce carbon-dioxide emissions. Under the legislation, companies emitting carbon dioxide would be obliged to purchase

More on Huckabee and Obama

According to a Reuters article, some business groups question Huckabee's free trade credentials: While Huckabee's campaign Web site provides few details of his views on trade, some of his public statements "sound awfully protectionist," said Nachama Soloveichik, a spokeswoman for Club for Growth, a