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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...
Ten Years of Anti-dumping in the EU: Economic and Political Targeting
The use of anti-dumping in the EU is justified on the grounds of eliminating injurious dumping by foreign firms and establishing conditions of...
The European Dairy Sector at a Crossroad: Production Quota and Export Refund Opting Out
The European Union (EU) reactivated export refunds for dairy products on January 2009. These world market distortive instruments had been previously...
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...
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...
When to Privatize? When to Nationalize? A Competition for Ownership Approach
Theories of privatization or nationalization typically compare the economic or political efficiency of private and state ownership, either in...