scholarly journals An Analysis of Links between Turkey and Kyrgyzstan from Economic and Commercial Perspectives

2011 ◽  
Author(s):  
Semih Çetin ◽  
Burak Sertkaya
Keyword(s):  
World Trade ◽  
Development Process ◽  
Bilateral Trade ◽  
Free Market ◽  
Trade Volume ◽  
Trade Relation ◽  
Economic Relations ◽  
Trade Relations ◽  
The World ◽  
Increasing Trend

Kyrgyzstan has become an attractive market because the country has a central location in Central Asia and kept pace with the free market faster than other countries in the region. Since Kyrgyzstan is a member of the World Trade Organization country become more important than the other countries in the region. In this study the recent history and the development of foreign trade relation between Turkey and Kyrgyzstan and the problems encountered in this relation are considered. Despite the growing trend of bilateral trade and economic relations since the early 90s, contraction experienced in the trade volume in 1998 and 1999 depending on the Russian crisis. Since the early 2000s, again the increasing trend of economic relations was observed. In this context by examining the trade relations between the two countries, the trade relations between the two countries are discussed and problems that encountered in the development process of the relations are investigated and solutions suggested.

scholarly journals MULTILATERALISM OR BILATERALISM: THE EU TRADE POLICY IN AN AGE OF THE WTO CRISIS

Ekonomika ◽  
2013 ◽  
Vol 92 (3) ◽  
pp. 7-23
Author(s):  
Anna Wróbel
Keyword(s):  
Trade Policy ◽  
World Trade ◽  
World Economy ◽  
Bilateral Trade ◽  
Trade Agreements ◽  
World Trade Organisation ◽  
The United States ◽  
Trade Relations ◽  
The World ◽  
The Eu

Abstract. The aim of the study is to analyze the EU trade policy in the age of the World Trade Organization (WTO) crisis. In addition to the WTO membership and a number of international agreements within this organisation, the EU is a party to many bilateral trade agreements and negotiating further. It is the side effect of the protracted negotiations in the WTO under the Doha Development Round. The paper discusses the process of proliferation of bilateral trade agreements in the world economy and its importance for the EU. The article is divided into three parts. Part One identifies the determinants of the WTO crisis. Part Two discusses the process of proliferation of bilateral trade agreements in the world economy. Part Three analyzes the EU trade policy and the system of the EU preferential trade agreements. It also examines trade relations of the EU with the Republic of Korea, India, and the United States of America as an illustration of the new EU trade strategy.Key words: bilateralism, European Union, common commercial policy, World Trade Organisation

What Is Litigation in the World Trade Organization Worth?

2015 ◽  
Vol 69 (2) ◽  
pp. 375-403 ◽  
Author(s):  
Michael M. Bechtel ◽  
Thomas Sattler
Keyword(s):  
World Trade Organization ◽  
World Trade ◽  
Bilateral Trade ◽  
International System ◽  
Trade Relations ◽  
Trade Dispute ◽  
International Court ◽  
The World ◽  
Distribution Of Power ◽  
Trade Conflicts

AbstractConventional wisdom holds that the creation of international, court-like institutions helps countries to peacefully settle trade conflicts, thereby enhancing overall welfare. Many have argued, however, that these institutions remain ultimately ineffective because they merely reflect the distribution of power in the anarchic international system. We argue that international litigation provides economic spillovers that create opportunities for judicial free-riding and explore empirically how litigation in the World Trade Organization affects bilateral trade between countries involved in a trade dispute. We use a matching approach to compare the dynamics of trade flows between countries that experienced a panel ruling with trade relations of observably similar country pairs that did not experience a ruling. Based on this comparison we find that sectoral exports from complainant countries to the defendant increase by about $7.7 billion in the three years after a panel ruling. However, countries that have proactively filed a complaint and carried the main costs of litigation do not systematically gain more than less-active third parties that merely joined an existing trade dispute. This suggests that international judicial institutions can provide positive economic externalities and may thereby lead to a less power-based distribution of the gains from trade.

COMPREHENSIVE AND PROGRESSIVE AGREEMENT FOR TRANS – PACIFIC PARTNERSHIP (TPP – 11): PAST, PRESENT AND FUTURE?

2019 ◽  
pp. 5-18
Author(s):  
Vladimir Yu. Salamatov ◽  
Nataliia M. Galkina
Keyword(s):  
World Economy ◽  
Bilateral Trade ◽  
Trade Agreements ◽  
Regional Trade Agreements ◽  
Regional Trade ◽  
Trade Relations ◽  
Global Trend ◽  
The World ◽  
The Common ◽  
Partnership Agreement

The article considers the global trend towards regional trade agreements (RTA). The authors note that in addition to the common bilateral RTAs, countries conclude multilateral regional trade agreements. In particular, the article examines changes in the world economy, which occur under the influence of the mega-regional trade agreements (MRTA) formation. An example of the MRTA is the Trans-Pacific Partnership Agreement (TPP) and its possible impact onRussiais discussed in the present article. The authors discuss the stages of TPP development, its goals, provisions, innovations and prospects. The article analyses an example of a country’s withdrawal from an agreement, its’ consequences and possible impact on the country itself and other signatory countries to the agreement. The article points out the differences between TPP and TPP-11. Inparticular, the article discusses the possible impact of the TPP-11 onRussia. Trade relations betweenRussiaand TPP-11 signatory countries are considered, and key markets among TPP-11 countries are identified. The article highlights the importance ofRussia's rapid response to the possible consequences of the TPP-11, including the possible conclusion of bilateral trade agreements between the EAEU, whereRussiais a member, and potential partners from TPP-11 countries.

scholarly journals Afterword: The Linkage Problem—Comments on Five Texts

2002 ◽  
Vol 96 (1) ◽  
pp. 118-125 ◽  
Author(s):  
John H. Jackson
Keyword(s):  
International Economic ◽  
World Trade Organization ◽  
World Trade ◽  
Political Leaders ◽  
Economic Relations ◽  
International Economic Relations ◽  
The World

The problem of linkage between “nontrade” subjects and the World Trade Organization is certainly one of the most pressing and challenging policy puzzles for international economic relations and institutions today. It is extensively and harshly debated by political leaders and diplomats, at both the national and the international levels of discourse, and is one of several issues that derailed the WTO Third Ministerial Conference in Seattle in late 1999. It also posed problems for the Fourth Ministerial Conference in Doha, Qatar, in November of 2001, and it threatens to derail the successful functions of the WTO itself.

scholarly journals Volume, intensity and intra-industrial proportion of bilateral trade between Mexico and the United States 1981-2017

Norteamérica ◽  
1969 ◽  
Vol 15 (1) ◽  
Author(s):  
Dulce Albarrán Macías
Keyword(s):  
United States ◽  
Economic Integration ◽  
Vertical Integration ◽  
Growth Rates ◽  
World Trade ◽  
Bilateral Trade ◽  
The United States ◽  
Trade Intensity ◽  
Trade Volume ◽  
Production Processes

The aim of this paper is to characterize the bilateral trade between Mexico and the United States during the period 1981-2017, highlighting the effects of Mexico's accession to the GATT and the entry into force of NAFTA, as well as the entry of China into the WTO. Although there have been decelerations at some point, results show an increase in trade volume and, consequently, in the intensity of bilateral trade, but in the latter case with some falls resulting from the different growth rates of world trade. Intra-industrial trade, meanwhile, recorded sustained growth, which could reflect a greater vertical integration of production processes. Keywords: trade volume, trade intensity, intra-industrial trade, Grubel and Lloyd index added and corrected, economic integration.

scholarly journals Development of trade and economic cooperation between China and Russia in new geopolitical conditions

2019 ◽  
Vol 2 (51) ◽  
pp. 25-39
Author(s):  
A.V. Brizitskaya
Keyword(s):  
United States ◽  
Bilateral Trade ◽  
The United States ◽  
Agricultural Products ◽  
Political Life ◽  
Trade Relations ◽  
Cross Border ◽  
Modern Period ◽  
The World ◽  
Trade War

The article analyzes the trade relations between Russia and China in the modern period characterized by changes in the situation on the world stage and in the domestic political life of countries. The dynamics and commodity structure of bilateral trade of Russia and China have been studied, the Index of trade com-plementarity has been calculated, which showed that Chinese exports are more complementary to the structure of Russian imports than vice versa. Emphasis is placed on traditional trade in goods, excluding services and cross-border e-Commerce. The paper identifies two main directions which the development of Russian exports to China can take in the conditions of the "trade war" of China and the United States. The short-sighted policy of increasing only fuel and energy exports is justified. The reasons hindering the development of non-resource exports of Russia, primarily agricultural products and food, to China have been identified.

scholarly journals Ukrainian-Polish trade and economic relations in modern conditions

2020 ◽  
Vol 23 (10) ◽  
pp. 36-46
Author(s):  
Borys Sulym
Keyword(s):  
Free Market ◽  
Trade In Services ◽  
Negative Effects ◽  
Economic Relations ◽  
Trade Relations ◽  
Goods And Services ◽  
Cross Border ◽  
Polish Economy ◽  
Trade And Investment ◽  
Cross Border Cooperation

The main directions of development of Ukrainian-Polish trade relations are considered in the article. The positive and negative effects of cross-border cooperation in trade and investment are substantiated, as well as a number of recommendations for building mutually beneficial relations on the basis of national interests.The purpose of this article is to assess the Ukrainian-Polish trade and economic relations in modern conditions in order to form scientifically sound recommendations for the development of mutually beneficial cross-border cooperation, taking into account national interests.Research methods. Methods of scientific analysis are used in the critical assessment of the concept of free market and free trade; comparison in the study of the dynamics of Ukrainian-Polish trade relations; graphical method for displaying and comparing trade in goods and services and investment between Poland and Ukraine; method of generalization in the development of proposals to improve the efficiency of cross-border trade and investment between countries, taking into account national characteristics and interests.Results. An assessment of Ukrainian-Polish trade and economic relations over the past ten years is given. It is proved that Ukrainian-Polish relations in the field of trade in goods do not have significant benefits for the Ukrainian economy, as their balance is negative during the period under study. Emphasis is placed on mutual exits in the field of trade in services, where the Polish side actively uses Ukrainian enterprises to order services for processing material resources through cheap labor, which stimulates the inflow of funds into Ukrainian business, job creation and more. There is a significant predominance of Polish investment in the national economy over Ukrainian investment in the Polish economy, due to the higher development of the Polish economy and interest in building branches and subsidiaries of Polish enterprises.A number of measures have been proposed to increase the economic complexity of the domestic economy in order to increase technological exports to Poland and equalize the trade balance between the countries; the directions of development of trade in services (in particular medical services in the conditions of COVID-19), as well as measures to increase the volume of Polish investment are substantiated.

VARIETIES OF INTERGOVERNMENTAL ORGANIZATION MEMBERSHIPS AND STRUCTURAL EFFECTS IN THE WORLD TRADE NETWORK

2018 ◽  
Vol 21 (02) ◽  
pp. 1850001 ◽  
Author(s):  
ZHENGQI PAN
Keyword(s):  
World Trade ◽  
Bilateral Trade ◽  
Graph Model ◽  
General Purpose ◽  
Intergovernmental Organizations ◽  
Random Graph Model ◽  
Intergovernmental Organization ◽  
Exponential Random Graph ◽  
The World ◽  
Joint Membership

To what extent does joint membership in intergovernmental organizations (IGOs) matter for bilateral trade? How and under what conditions do the various types of IGOs — economic, socio-cultural and general purpose — influence bilateral trade between their members? How do complex interdependencies in world trade matter? Existing research tends to examine aggregate joint IGO memberships and has done little to analyze how specific types of IGO membership matter in trade. Using a detailed IGO dataset and a novel network analysis approach called the temporal exponential random graph model, I assess the importance of three main IGO types — economic, socio-cultural and general purpose — in helping members to establish major trading ties. The results provide support for general purpose and socio-cultural IGOs and point to the importance of network phenomena such as popularity, activity and transitivity effects. Moreover, joint economic IGO memberships exhibit slightly more complex relations with bilateral trade. A robustness test reveals that preferential trade agreements are significant in fostering trade, while the World Trade Organization and other economic IGOs such as development banks are not. This paper presents a nuanced way of analyzing IGOs and provides the impetus for the study of complex interdependencies in international trade.

John Jackson and WTO Dispute Settlement

2016 ◽  
Vol 15 (3) ◽  
pp. 404-406
Author(s):  
WILLIAM J. DAVEY
Keyword(s):  
International Trade ◽  
World Trade ◽  
Dispute Settlement ◽  
Law School ◽  
Economic Relations ◽  
Trade Law ◽  
The Bible ◽  
International Trade Law ◽  
Wto Dispute Settlement ◽  
The World

John Jackson bestrode the world of international trade law like a Colossus. His 1969 treatise on World Trade and the Law of GATT was called the bible of GATT law. His 1977 casebook on Legal Problems of International Economic Relations created a new law school course and introduced thousands of students around the globe to international trade law. It was the leading international trade law casebook for decades, and his students went on to positions of responsibility throughout the world in governments, international organizations, and private practice. His analysis of GATT infirmities convinced certain influential governments to push for a new international trade organization, which eventually saw life as the World Trade Organization. It was a great honor for me to have been associated with John for over thirty years. Indeed, his 1985 invitation to join as a co-author of the casebook after my first year in law teaching undoubtedly saved me many years of drudgery as a corporate/securities law scholar. Thus, I am pleased to offer some thoughts on John's influence on dispute settlement under GATT and the WTO.

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