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Origins of the Financial Crisis and Requirements for Reform
This paper examines the causes of the global financial crisis (focusing in particular on why residential mortgage-backed securities and credit...
Transparency of Complex Regulation: How Should WTO Trade Policy Reviews Deal with Sanitary and Phytosanitary Policies?
Protectionism flourishes in the shadow and withers in the sunlight. That is the idea behind the WTO’s Trade Policy Review Mechanism (TPRM) that...
Sprinting During a Marathon: Why the WTO Ministerial Failed in July 2008
The WTO’s nine day sprint in July 2008 was an attempt to break the logjam on “modalities” for agriculture and NAMA in the marathon Doha Round...
The Armington-Heckscher-Ohlin Model – An Intuitive Exposition
Global models of world trade are often used as input into assessing the possible effects of liberalising trade. As simplifications of the economic...
Water Supply: Public or Private?
Most theories on private sector participation in water infrastructure are based on the sole supposed difference of efficiency between the public and...
Containing Creeping Protectionism: A Realist Agenda for the G20
The G20 summit in London offers an opportunity for world leaders to prevent a continued slide towards protectionism. Yet the summit is already at...
A Blueprint for Reform of the WTO Agreement on Agriculture
As the Doha negotiations are at a dead end, Valentin Zahrnt addresses some fundamental questions about the future direction of WTO disciplines in...