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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...
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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...
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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...
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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...
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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...
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The Baltic Tiger – The Political Economy of Estonia’s Transition from Plan to Market
Few countries have reformed their economies as swiftly and decisively as Estonia in 1992-94. The economic reform program started during the...
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Geographical Diversification of Developing Country Exports
This paper shows that export costs, tariffs, and international transport costs are all important determinants of geographical export diversification...
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Product Standards, Harmonization, and Trade: Evidence from the Extensive Margin
I use a new database of EU product standards in the textiles, clothing, and footwear sectors to present the first empirical evidence that...
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From Twin Towers to Fawlty Towers – a Story of the Doha Round (mimeo)
The Doha Round has yet again collapsed. The July 2008 attempt to negotiate a broad headline deal between the main member countries of the WTO failed....