Search results for "Free trade"
showing 10 items of 53 documents
From EFTA to EC/EU and Back to EFTA? The European Economic Area (EEA) As a Possible Scenario for the UK-EU Relations After Brexit
2018
Brexit is announced to take place and it appears, that the most probable scenario for the UK is the “Norway-Option”, i.e., to (again) become a member of the European Free Trade Association (EFTA) and join the EEA. The chapter identifies the major claims of the leave-campaign to analyse, whether by doing so, the Brexit proponents will achieve what they campaigned for. Furthermore, the paper explains the functioning of the EEA, exploring the potential changes for the UK, the EU, and the EEA/EFTA.
Cláusulas laborales en tratados comerciales internacionales: el caso del CETA
2017
Algunos acontecimientos recientes parecen mostrar una cierta oposición de la ciudanía de los países occidentales hacia el libre comercio. De una parte, resultó bastante controvertida la numantina oposición de la pequeña región belga de Valonia a la firma del Tratado de libre comercio entre la UE y Canadá (conocido como CETA), que a punto estuvo de hacerlo descarrilar. Por otra parte, la elección de Donald Trump como presidente de los Estados Unidos parece haber dado al traste con las escasas esperanzas de alcanzar un acuerdo similar con éste país, máxime si se tiene en cuenta que uno de los argumentos centrales de su campaña electoral fue su posición a este tipo de tratados por los, a su ju…
The Comprehensive Economic and Trade Agreement (CETA): What Kind of Space is Given to Fair Trade and Labour Rights?
2017
Il presente lavoro analizza da una prospettiva giuslavoristica il Comprehensive Economic and Trade Agreement (CETA), trattato internazionale di libero scambio, da poco sottoscritto da Unione Europea e Canada: il saggio si interroga se tale trattato possa contribuire o meno allo sviluppo del fair trade all'interno delle democrazie occidentali. Nel dettaglio l'articolo analizza le clausole del CETA alla luce dei core labour standards dell'ILO, con un focus sulle clausole arbitrali di risoluzione delle controversie (Investor-State Dispute Settlement), sulle forme di partecipazione della società civile e sui meccanismi di eccezione. Nelle conclusioni, nonostante la tendenziale omogeneità socio-…
Structural change in a Ricardian world economy: The role of extensive rent
2019
Abstract We study an implication of the Ricardian theory of differential extensive rent in a free trade regime. To this effect we develop a Ricardian two country two commodity open economy model. We assume that, unlike labour, land is heterogeneous both within and across countries and that the ratio of high to low quality land is different among the trading countries. By means of a numerical example we show that as the process of worldwide capital accumulation (and population growth) proceeds an industrial country may find it convenient to increase its domestic corn production and even reverse completely the pattern of its imports and exports.
Towards a New European Neighbourhood Policy (ENP): What Benefits of the Deep and Comprehensive Free Trade Agreements (DCFTAs) for Shared Prosperity a…
2016
This article examines the problem of the ENP countries’ integration with the EU market from two perspectives: the macroeconomic situation as an integral component of the overall transformation process and the integration with the EU markets, and the political economy of the regional integration perspectives of these countries. This methodological approach serves as a tool for integrating a number of main goals related to the EU’s soft power that require the development and support of civil society in the neighbouring states. This contribution aims to offer insight in the implementation of the regional arrangements, taking into consideration new political and economic realities in the Eurasi…
Assessing the Enlargement and Deepening of the European Union
2008
This paper estimates a theoreticallymotivated gravity model to examine the effect of the European Union (EU) on trade and whet her the order of entry has affected the trade performance of member countries. Additionally, we analyse the impact of the diffe rent phases of EU integration on trade. The results show that both original countries and successive enlargements boost intra-b loc trade. Moreover, the results suggest that the deepening in the integration process has led to more trade creation among members. Finally, only the latter ph ase of the European integration process (the single currency) has increased trade with non-members.
Public Support for TTIP in EU Countries: What Determines Trade Policy Preferences in a Salient Real-World Case?
2016
Attitudes towards international economic integration are usually measured via survey questions on preferences for free trade in general, arguably in contexts of low salience of international economic integration in the public mind. Drawing on three recent rounds of Eurobarometer surveys that contain information on citizens’ attitudes towards a free trade and investment agreement between the EU and the USA, this paper seizes the opportunity to re-examine individual-level preferences towards international economic integration with regard to a specific real-world case of relatively high political salience, i.e. TTIP. While past research has explained preferences towards trade primarily via mod…
Public Spending and Trade Liberalization: The Compensation Hypothesis Revisited
2013
Despite a widespread fascination with the so called compensation hypothesis – i.e. the proposition that governments have to provide insurance against the risks of open markets to make integration into the international economy politically feasible – there appears to exist a complete lack of research where a rather straightforward implication of this theoretical mechanism is concerned, namely that liberalization of the trade regime should become more likely with a larger public sector and more social spending already in place. In this paper, we test this hypothesis that can be regard as a complement to existing research on the compensation hypothesis. We draw on a theoretical model that link…
Europäische Handels- und Agrarpolitik gegenüber Afrika Mit einem kritischen Blick auf den Beitrag der Wirtschaftswissenschaften
2018
Abstract European trade policy with Africa is in deep trouble. We observe a triple policy failure. (1) The EU tries to draw African partner countries into comprehensive deep integration agreements, far more than these countries can arguably support. (2) For trade in goods, safeguard clauses in the EPAs are patchy. They cannot satisfy African needs for smart protection of agricultural and industrial businesses. Facing the refusal of some African governments to sign, the EU has no answer. Ensuing fragmentation of African regional economic communities is a disaster. Rapid repair work of the existing regional EPA drafts looks more promising than a grand solution with the new African Continental…
A global perspective on effectiveness of aid for trade
2013
Recent global initiatives on debt relief and development assistance call for increasing aid for trade to the poorest countries. The paper applies a multi-country computable general equilibrium model to measure the effectiveness of alternative aid for trade categories. The findings show that aid for trade policies expand trade and alleviate international income inequalities in the recipient countries, that will benefit mainly from aid for trade adjustment and technical assistance.