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Good Morning, Vietnam

Today's WSJ reports that Vietnam has finally reached a bilateral agreement with the U.S., its largest export market.  This agreement should pave the way for Vietnam's accession to the WTO, as Vietnam's bilateral negotiations are incorporated in a protocol of accession.  It will
Joel Trachtman 15 May 2006 1 min read

The (Regulatory) Clash of Titans?

There has been a growing tenstion between the U.S. and the EU over their diverging regulatory stances over various issues, such as GM food, which have negatively affected the transatlantic trade. This tenstion is likely only to be intensified as the EU is enlarged. See Washington bridles at EU
Sungjoon Cho 12 May 2006 1 min read

Justice and Growth

I've been attending a conference at the Kennedy School at Harvard on Equality in the New Global Order.  Most of the other attendees are philosophers, with a few economists and a couple of lawyers.  Dani Rodrik spoke yesterday, focusing on growth.  His main argument, as is well known,
Joel Trachtman 12 May 2006 1 min read

Export Restrictions: The Missing Disciplines

A student of mine has just submitted an interesting paper on the economic effects of, and legal disciplines on, export restrictions.  The case he has in mind is Chinese coke.  It appears that export restrictions have trade distorting effects symmetric with import restrictions. Of course, export prohibitions are illegal under
Joel Trachtman 09 May 2006 1 min read

Blog, Blog, Blog

Remember "Bob Loblaw's Law Blog?"  Well, there was a real world conference about blog scholarship last week at Harvard Law School.  For blogs about it, see Ian Best's site.
Joel Trachtman 08 May 2006 1 min read

The perfect exam question

Comes to us from Chicago, via Joseph Epstein in today's WSJ.  The city of Chicago has banned foie gras.  Epstein writes: "A Chicago alderman named Joe Moore, who sponsored the ban on foie gras, after its passage declared that it sends "a powerful message that we
Joel Trachtman 08 May 2006 1 min read

Different attitudes in European Courts to International Law

An appeal has been lodged in the Yusuf case (T-306/01), decided by the European Court of First Instance decided in September last year. The case is not about WTO Law, but is of interest to those following the EU/WTO direct effect saga before the European courts. Yusuf
joannescott 30 Apr 2006 3 min read

"Soft in Wood and Head"

That is the title of the FT's editorial on the softwood lumber settlement.  The FT concludes "In the end, the softwood sata shows the limits of international disputes procedures when the two parties are determined to ignore them and go on slugging it out."  Was the
Joel Trachtman 29 Apr 2006 1 min read

Peace in Our Time (Softwood Lumber)

Today's NYT reports a settlement of the U.S.-Canada lumber dispute.  To say that this dispute has generated a lot of litigation is an understatement.   And I suppose that the fact that the parties were willing to pay for all this litigation suggests that it had an
Joel Trachtman 28 Apr 2006 1 min read

Are Reports of Doha's Death Premature?

It seems that the vultures are beginning to circle Doha.  Given increasing economic arguments that the potential surpluses of a Doha deal (a lot depends on what that deal eventually is!) are not so large, and that only a small portion would be captured by the poor countries, I can&
Joel Trachtman 26 Apr 2006 1 min read

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