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International Trade

World Trade Organisation: Doha

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World Trade Organisation: Doha. Where does the World Trade Organization stand, one year into the Doha Round of multilateral trade negotiations? The new round, launched in Qatar in November 2001, will include negotiations on reducing barriers to trade in industrial goods, farm products, and services and taking the WTO into new territory to cover investment-, competition-, and environment-related trade policies. The new round presents great opportunities, but it also creates new risks for world trade. "Whither the WTO? A Progress Report on the Doha Round" by Razeen Sally is published by the Cato Institute.

 

By Cato Institute, US.

International Trade Policy Resource.


Anti-Dumping Laws

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Anti-Dumping Laws. The U.S. antidumping law enjoys broad political support in part because so few people understand how the law actually works. Its rhetoric of ?fairness? and ?level playing fields? sounds appealing, and its convoluted technical complexities prevent all but a few insiders and experts from understanding the reality that underlies that rhetoric. In this study Brink Lindsey and Dan Ikenson seek to penetrate the fog of complexity that shields the antidumping law from the scrutiny it deserves. They identify the many methodological quirks and biases that allow normal, healthy competition to be stigmatized as ?unfair? and punished with often cripplingly high antidumping duties. The conclusion they draw is that the antidumping law, as it currently stands, has nothing to do with maintaining a ?level playing field.? Instead, antidumping?s primary function is to provide an elaborate excuse for old-fashioned protectionism. "Antidumping 101: The Devilish Details of "Unfair Trade" Law" is published by the Cato Institute.

 

By Cato Institute, US.

International Trade Policy Resource.


Measuring Globalization

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Measuring Globalization. One aspect frequently missed in the debates about globalization is its measurement: How extensive is globalization? Which countries are the most globalized? The least? And why? Those rare instances in which anyone attempts to gauge globalization typically rely on data concerning international trade and investment flows, to the exclusion of other aspects of global integration. To fill this gap, Foreign Policy has created an index that employs indicators spanning information technology, finance, trade, politics, travel, and personal communication to evaluate levels of global integration in dozens of advanced economies and key emerging markets worldwide. It finds Ireland to be the most globalized nation state.

 

By Foreign Policy, US.

International Trade Policy Resource.