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Foreign Direct Investment in Countries with Weak Institutions
The FDI behavior of a MNE facing a weak institutional environment in the host country is analyzed. Red tape can be strategically reduced by...
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Trade, Globalisation and Emerging Protectionism Since the Crisis
The global economic crisis, and governments’ responses to the crisis, did not precipitate a descent into 1930s-style protectionism. That is a...
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The Special Safeguard Fiasco in the WTO: The Perils of Inadequate Analysis and Negotiation
The July 2008 attempt by a group of ministers to agree on modalities for the WTO’s Doha Round broke down in part because they could not agree on a...
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Green Protectionism in the European Union: How Europe’s Biofuels Policy and the Renewable Energy Directive Violate WTO Commitments
What happened to the professed environmental goal to substitute fossil fuels wit biofuels, asks Fredrik Erixon in a new study of EU biofuels policy....
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The WTO’s Trade Policy Review Mechanism: How to Create Political Will for Liberalization
The economic crisis has sparked fears about emerging protectionism and created wide interest in initiatives to monitor trade policies. The WTO...
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Does the Trading System have a Future?
There is a great deal of ruin in the trading system. Yet, in many respects it has been a huge success. The opening of the world economy of the...
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The Doha Round: “Death-Defying Agenda” or “Don’t Do it Again”?
Almost eight years after the launch of the WTO's Doha Round, negotiations remain mired in a swamp of detail, with many participants unwilling or...
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How to Revive Doha with Some Chance of Success
This Policy Brief concerns the troubled state of the Doha Round. The classical model for a multilateral trade negotiation (as developed from the GATT...
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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...