Law Roundtable

Law Roundtable

Exploring the region between Law and Economics.

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International Econ Law & Policy Blog

International Economic Law and Policy Blog

“A weblog dedicated to current developments and scholarship in the field of international economic law and policy.”


March 11, 2010, 3:43 pm, 665033

Related to the issues we have been discussing on this Blog: what are the most important gaps in the rules with respect to trade in these sectors?


March 10, 2010, 3:43 pm, 664348

The WTO Secretariat is currently preparing the World Trade Report 2010. This year's topic is trade in natural resources, covering fuels, mining, fish, and forestry. Further information about the WTR is provided at: http://www.wto.org/english/res_e/publications_e/wt
r10_ruta_e.htm
.  ...


March 10, 2010, 5:43 am, 663947

The answer is simple: bring in a new set of bean-counters (sometimes from a different country). This is essentially what the MOFCOM of China and DOC of US did in their new “Report on the Statistical Discrepancy of Merchandise Trade Between the United States and

China

”, which was issued on ...


March 9, 2010, 7:43 pm, 663750

by Daniel Griswold

As we wrap up our debate, let me grant Ian’s point that free trade alone is not a magic bullet that by itself delivers prosperity. Economic success also depends on secure property rights, the rule of law, stable money, functioning domestic markets, and moderate levels of taxation and ...


March 9, 2010, 7:43 pm, 663749

by Ian Fletcher

Dan has again dragged irrelevant issues into this debate; I shall let the reader judge whether I am guilty of Maoism!

Dan’s conflation of protectionism with communism and related economic pathologies is telling: free traders of Dan's variety (ideologically-committed libertarians) habitually roll up all economic questions into one big ...


March 8, 2010, 11:43 am, 662707

Remember a few weeks ago when Senator Arlen Specter asked Obama the following:

The first part of my question is, would you support more effective ...


March 5, 2010, 9:43 pm, 661865

by Daniel Griswold

Free Trade has endured since Adam Smith as a robust theory, and it has proven itself in practice across the decades as being superior to government restrictions.

There is nothing new in Ian’s theoretical critique of free trade. In a 1996 book, Against the Tide: An Intellectual History ...


March 5, 2010, 9:43 pm, 661864

Ian Fletcher

Some of Dan’s arguments continue to be  mere distractions.  Taking  North Korea and Burma as proof of the harm of a no-trade (or close to it) policy falls down on the fact that North Korea has a communist economy and Burma a quasi-socialist state-controlled one, economic defects so profound ...


March 5, 2010, 5:43 pm, 661807

Speaking of investor-state disputes, as I was yesterday, it looks like many of the big names in the field will be assembling for a conference soon:

On March 29, 2010, Washington and Lee School of Law will host a Joint Symposium with the United Nations Conference on Trade ...


March 5, 2010, 11:43 am, 661591

Multiple branches of government can be a real pain sometimes.

In the ongoing WTO EC - IT Products dispute (DS375, and also DS376 and DS377 brought by Japan and Chinese Taipei), the U.S. (that is, USTR) argued that the EC's reclassification of certain monitors in a way that led to higher duties was inconsistent with ...