International economic theory states that a country should specialize in the production of goods and services that it can produce at a lower relative opportunity cost and import those goods and services that it can produce at a higher relative…
The experience to date in the WTO suggests that the plurilingual nature of the WTO Agreements does not make treaty interpretation significantly more difficult than it would be with a text authentic in one language only. The terms of a plurilingual…
The ‘new NAFTA’ agreement between Canada, Mexico and the United States maintained the system for binational panel judicial review of antidumping and countervailing duty determinations of domestic government agencies. In US-Mexico disputes, this…
This article is published in Statéco n° 113/2019. On the basis of a monthly data relating to trade flows, nominal exchange rates and other economic variables and a VAR model framework, some impulse-response functions (IRFs) are estimated for three…
This article is published in the Journal of the Knowledge Economy. The literature presents conflicting expectations about the effect of globalization on democracy. One view expects globalization to enhance democracy, a second argues that…
For a multilateral system to be sustainable, it is important to have several escape clauses which can allow countries to protect their national security concerns. However, when these escape windows are too wide or ambiguous, defining their ambit and…
TRADE-SA-Tunisia export opportunities project- Report back on 1st workshop.
With South Africa and Tunisia being located at opposite ends of the African continent and their main export markets being in Europe and other major trading regions, one…
The ‘new NAFTA’ agreement between Canada, Mexico and the United States maintained the previous system for binational panel judicial review. This system provides for ad hoc tribunals composed of three panelists from one country and two from the other…
Remittance flows to low- and middle-income countries (LMICs) reached $466 billion in 2017, an amount which is three times the size of official development and is larger than foreign direct investment (FDI) for all LMICs excluding China (World Bank…
WTO Chairholder Prof.Wilma Viviers from North-West University and her colleagues write an opinion piece in the World Trade Report of 2019 titled "MSMES and services trade: A pathway to inclusive growth in developing economies?".
Introduction:
There…