As data breaches often affect a large number of data subjects, the material and non-material damages sustained from the violations of the General Data Protection Regulation (GDPR) are staggering. Meanwhile, EU law lacks clarity on this subject.…
When we proxy trade finance by the sum of trade finance loans and export-adjusted notes receivable, elasticity estimates range between 0.18-0.31 depending on the sample of exporters. These estimates are comparable to single and multi-instrument…
Resolving the crisis in the dispute settlement system is a priority issue for the reform of the World Trade Organization (WTO), and Members have made sustained efforts in this regard. Since the Twelfth Ministerial Conference (MC12), discussions on…
Central bank digital currency (“CBDC”) is a crucial FinTech development that aspires to overhaul the current payment system. In the wake of the COVID-19 pandemic, CBDCs' promises to reduce personal contact, facilitate socially desirable use of…
International arbitration institutions have been requested to administer an increasing number of investment disputes. In investment arbitration, a responding state usually stipulates its standing offers to arbitrate in the bilateral investment…