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| Kerr, William A.. |
| The economies of developed countries have, since 2007, experienced the most significant and persistent period of economic malaise since the 1930s. Domestic economic policies have failed to revive sustained economic growth and, as a result, unemployment remains at levels that voters find difficult to accept. In addition, without tax revenue-enhancing growth, government deficits persist, and borrowing to finance the cumulative deficits has become increasingly difficult for some countries. With domestic policies largely exhausted, but economic growth elusive, policy makers have been considering external policies as a means to stimulate their economies. Trade protectionism and strategic devaluation are potential policies. The lessons of the 1930s regarding the... |
| Tipo: Article |
Palavras-chave: Cooperative solution; Great Depression; Retaliation; Strategic devaluation; Trade; Financial Economics; Institutional and Behavioral Economics; International Relations/Trade; Political Economy. |
| Ano: 2012 |
URL: http://purl.umn.edu/120203 |
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| Korotana, M.S.. |
| Article 22 of the Dispute Settlement Understanding (DSU) of the WTO offers, as last resort countermeasures, withdrawal of the concessions the state parties had agreed to in their schedules of commitments. The problem is that such a withdrawal of concessions would have very little impact on the economy and consequently on the behaviour of the respondent state if that party happened to be a developed state vis-à-vis a small, developing country. To deal with this situation a remedy of “collective countermeasures”, contained in Article 54 of the Draft Articles on State Responsibility of the International Law Commission (ILC), has been proposed; it has been argued that this remedy should apply, as a general principle of public international law, as a last... |
| Tipo: Journal Article |
Palavras-chave: Collective; Retaliation; WTO; Dispute; Settlement; System; Food Consumption/Nutrition/Food Safety; International Relations/Trade. |
| Ano: 2009 |
URL: http://purl.umn.edu/48802 |
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