scholarly journals Governance for sustainable trade

2008 ◽  
Vol 23 (4) ◽  
Author(s):  
Clive George ◽  
Colin Kirkpatrick

Sustainability Impact Assessment is increasingly being used as a tool for assessing the consequences for sustainable development of international trade agreements. While theoretically, Sustainability Impact Assessment can make trade agreements more sustainable, in practice, difficulties are encountered in integrating the assessment findings into decision-making.

Author(s):  
Markus Krajewski

This chapter assesses and analyses elements of due diligence in existing international trade agreements. It highlights due diligence obligations in this field, such as obligations to cooperate, to negotiate in good faith, or to notify about measures which could be harmful to other countries. The chapter also discusses elements applicable to the negotiation and implementation of trade agreements, especially with regard to the requirements of human rights and sustainable development impact assessments. The chapter argues that, even though due diligence is not a term of art in international trade law, it could be seen as a cornerstone of the international trade regime.


2001 ◽  
Vol 03 (03) ◽  
pp. 395-412 ◽  
Author(s):  
NORMAN LEE ◽  
COLIN KIRKPATRICK

In the build-up to the World Trade Organisation (WTO) Ministerial Meeting in November 1999, and its aftermath, considerable interest has been expressed in the likely economic, environmental and social effects of trade liberalisation on sustainable development. This article explores the methodological challenges which are faced when undertaking a sustainability impact assessment (SIA) at different stages in multilateral trade negotiations. The article draws upon the authors' experiences when undertaking a preliminary SIA in advance of the proposed WTO New Round, and explores how the methodology used might need to be elaborated for use in later stages of the negotiating process. Given existing methodological deficiencies and data shortages, it points to some of the dangers in being over-ambitious and proposes, as an interim solution, the more detailed and specific application of "simpler" methods already in use.


Significance The government will appeal the rulings, which follow action by renewables firms. With constitutional battles over energy investments already unfolding, the future of Mexico’s energy framework has been thrown into turmoil. Impacts Increasing energy prices will probably push inflation above Banxico’s upper target limit of 4%. AMLO’s apparent disregard for international trade agreements will strain relations with the United States. AMLO’s pro-austerity fiscal stance could take a toll on his popularity.


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