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Dispute Settlement at the WTO: Impacts of a No Deal in the US-Brazil Cotton Dispute AgEcon
Lakatos, Csilla; Walmsley, Terrie L..
On the day before Brazil was to start imposing retaliatory sanctions against the US in the WTO dispute settlement case regarding unfair domestic and export upland cotton subsidies, the parties have reached a preliminary concession aimed at settling this 8-year-long trade dispute. In this paper, we explore the economy wide impacts of a no deal with specific emphasis on intellectual property retaliation in a computable general equilibrium framework. As awarded by a WTO dispute settlement panel, Brazil would have been entitled to $591 million in retaliatory sanctions in goods sectors and $238 million in intellectual property sanctions. We find that retaliation by Brazil would have led to welfare gains for all countries except the US. Most importantly...
Tipo: Conference Paper or Presentation Palavras-chave: Dispute settlement; WTO; Intellectual property; Computable general equilibrium; International Relations/Trade; C68; F13; Q17.
Ano: 2011 URL: http://purl.umn.edu/103380
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From Dayton to Brussels: A Presentation of the Balkan's Status Quo AgEcon
Baourakis, George; Lakatos, Csilla; Xepapadeas, Anastasios.
Associating the Balkans with "backwardness" is highly common in specialty literature. However, more recently - ten years after the Dayton Peace Agreement - a new paradigm is dominating discussions about the future of the Balkans: a possible EU membership for the countries of the region. This paper presents a detailed analysis of the current economic situation in the Balkans with emphasis on the EU's policy towards the region. The launch of the Stabilization and Association Process for the Western Balkans with its main instruments concerning trade liberalization and financial assistance reflects an obvious political will to reduce the "backlog" of the region. The accession of Bulgaria and Romania is a matter of "when" not a matter of "if". An...
Tipo: Working or Discussion Paper Palavras-chave: International Relations/Trade.
Ano: 2006 URL: http://purl.umn.edu/18865
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Economic Implications of the EU Accession of Bulgaria and Romania: A CGE Approach AgEcon
Baourakis, George; Lakatos, Csilla; Xepapadeas, Anastasios.
The paper examines the economic implications of Bulgaria and Romania recent accession to the EU. The analysis has been carried out by using the GTAP model and database. In a first attempt, the effects of the removal of formal trade barriers and the adoption of common external tariffs are considered; not surprisingly, we find that associated impacts are not large, given that existing barriers have been gradually removed in accordance with the Europe Agreements. Further, we take into account the so-called "value of the current preferences", representing a scenario where there is a potential return to the MFN tariff schedule.
Tipo: Working or Discussion Paper Palavras-chave: International Relations/Trade.
Ano: 2008 URL: http://purl.umn.edu/6102
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