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Fidelity Fiduciary Bank: Grameen's Nobel

Muhammad Yunus and Grameen Bank were awarded the Nobel peace Prize yesterday, for their efforts in developing the practice of micro-credit in Bangladesh for the benefit of the extreme poor, mainly women. Micro-finance is not perfect, but it is a great idea that generally works for the poor.
Tomer Broude 13 Oct 2006 1 min read

Stiglitz Redux?

The other day Joel posted about the suggestion by Joseph Stiglitz that the EU should impose trade barriers on the U.S. to coerce a change in U.S. environmental policy.  Now I see that Jonathan Adler, over at the Volokh Conspiracy, has posted about a similar proposal: [according to
Simon Lester 11 Oct 2006 1 min read

ASIL/IELG Annual Conference at Bretton Woods

The full program of the ASIL International Economic Law Interest Group, November 9th-12th, at the historic Mt. Washington Resort at Bretton Woods, New Hampshire, is now online. This year the conference theme is "IEL: the state and future of the discipline", and it is organized around three
Tomer Broude 11 Oct 2006 1 min read

Michael Ewing-Chow and Bryan Mercurio

It's a great pleasure to welcome Michael Ewing-Chow, one of the leading lights of the National University of Singapore Law Faculty, and Bryan Mercurio, an insightful trade law and policy analyst from University of New South Wales, as contributors to our blog.
Joel Trachtman 10 Oct 2006 1 min read

What is International Economic Law?

What is “International Economic Law?”  Like many contributors to this blog, I have pronounced myself as someone who works in this area but I am a little embarrassed when my colleagues ask me to explain the big problems or major issues in the field.  Especially when they ask “what is
Andrew Guzman 09 Oct 2006 2 min read

Optimal Obfuscation - What Really Drives TBT/SPS Measures?

Daniel Kono, a political scientist at UC Davis, has an interesting article in the latest issue (100:3) of the American Political Science Review (APSR), entitled "Optimal Obfuscation: Democracy and Trade Policy Transparency" (the modest abstract follows below; the full article is available here for APSA Members and
Tomer Broude 06 Oct 2006 3 min read

Global Hot Air

Somebody call a lawyer. I just read that Joseph Stiglitz, in an article in the bepress.com "Economist's Voice" publication (thanks to Dan Drezner for mentioning this to me), has argued that Japan, Europe and other signatories of the Kyoto Protocol should bring a WTO case
Joel Trachtman 05 Oct 2006 1 min read

Hugo Driving

Clay Risen writes in the current issue of The New Republic as follows: “The most significant challenge [to the liberal economic order, and to U.S. power], arising from the slow collapse of the Doha trade negotiations, is Venezuela's plan to replace the international trade structure with a
Joel Trachtman 03 Oct 2006 2 min read

Panel Opinions on Hormones

I must admit that I was disheartened as I opened the GMO panel report, and my pdf reader told me that it was 2400 pages.  It took a while to open.  The problem is not (just) the challenge to my laziness, but the fact that many of us who might
Joel Trachtman 03 Oct 2006 1 min read

Hormones Panel Meetings

As mentioned in an earlier post, we have arranged with Anna-Emilia Autio (anna.autio@gmail.com) and Petko Kantchevski (kantche4@hei.unige.ch) to report on the panel meetings in the Hormones Sanctions cases (DS320 and DS321).  Due to the length of the meetings, it probably doesn't
Simon Lester 01 Oct 2006 1 min read

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Why Section 338 Does Not Work in a GATT/WTO World: Lessons from Trade Law History

On July 21, 2026, President Trump exercised his authority under Section 338 of the Tariff Act of 1930 (hereinafter Section 338) to impose the maximum amount of additional tariffs (fifty per cent) on Canadian cars, alcohol, and dairy, owing to his determination of Canada’s discriminatory treatment of US exports.
23 Jul 2026 10 min read

EU WTO Reform Proposal Seeks To Extend Accession-Based State Enterprise Rules To All Members

In a new WTO reform paper entitled "Further Reflections on Disciplines, Subsidies and Industrial policy," the EU argues for stronger WTO disciplines on the behavior of state enterprises.
17 Jul 2026 5 min read

Governments Make Their Case Against Section 301 Forced Labor Tariffs

Last month, USTR made a determination in its Section 301 investigation into "Acts, Policies, and Practices of Various Economies Related to the Failure To Impose and Effectively Enforce a Prohibition on the Importation of Goods Produced With Forced Labor."
10 Jul 2026 5 min read

How Should the EU Get Tough with China? Unilateral Action vs. WTO Complaints

I've seen several recent calls for the EU to get tougher in its economic relations with China, along with arguments that it has been too slow to act against the Chinese economic threat.
06 Jul 2026 4 min read

Trump Administration Decides Not To Extend USMCA for Another Term: What Does That Mean Exactly?

Today, as part of the first joint review of the USMCA, the three governments held a virtual meeting.
01 Jul 2026 4 min read

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