Filling the Missing Link Between Competition Policy and Trade Policy in a Global Economy

Trade and Spatial Growth

South Asia Economic Journal ◽

10.1177/1391561416684257 ◽

2017 ◽

Vol 18 (1) ◽

pp. 94-111

Author(s):

Sirimal Abeyratne ◽

N. S. Cooray

Keyword(s):

International Trade ◽

Comparative Advantage ◽

Global Economy ◽

Spatial Concentration ◽

Trade Theory ◽

Missing Link ◽

Spatial Growth

Comparative advantage is based on ‘locational factors’ so that trade leads to growth and its spatial concentration. Until recently, the nexus between trade and spatial growth received little space within trade analyses though it did not appear to be a missing link in initial contributions to trade theory. The reshaping of the global economy with greater integration has called for analyses of trade and spatial growth. This article examines theoretical premises of the link between international trade and spatial growth, and the implications of reshaping of the global economy for the study of spatial growth within trade theory.

Download Full-text

Competition policy in a global economy - today and tomorrow

Journal of International Economic Law ◽

10.1093/jiel/2.3.403 ◽

1999 ◽

Vol 2 (3) ◽

pp. 403-411 ◽

Cited By ~ 2

Author(s):

R Pitofsky

Keyword(s):

Competition Policy ◽

Global Economy

Download Full-text

National Policies in a Global Economy: The Case of Competition Policy

The Political Economy of Trade Conflicts - Europe-Asia-Pacific Studies in Economy and Technology ◽

10.1007/978-3-642-45740-1_14 ◽

1994 ◽

pp. 143-154

Author(s):

Franz Waldenberger

Keyword(s):

Competition Policy ◽

Global Economy ◽

National Policies

Download Full-text

Trade policy in Southeast Asia: politics, domestic interests and the forging of new accommodations in the regional and global economy

Routledge Handbook of Southeast Asian Politics ◽

10.4324/9780203155011-33 ◽

2012 ◽

pp. 316-330

Keyword(s):

Southeast Asia ◽

Trade Policy ◽

Global Economy ◽

Domestic Interests

Download Full-text

Institutional Reform and Export Competitiveness of Central and Eastern European Economies

International Business ◽

10.4018/978-1-4666-9814-7.ch065 ◽

2016 ◽

pp. 1402-1425

Author(s):

Doren Chadee ◽

Alex Kouznetsov ◽

Banjo Roxas

Keyword(s):

Corporate Governance ◽

Competition Policy ◽

Global Economy ◽

Eastern European ◽

The European Union ◽

Institutional Reforms ◽

Export Sector ◽

Export Competitiveness ◽

Eastern European Countries ◽

European Economies

Following their political and economic independence in 1989, a group of ten Central and Eastern European countries (CEEs) embarked on major institutional reforms to modernise their economies in order to become an integral part of the global economy. This chapter provides an overview of the main institutional reforms undertaken in the CEEs and their effects on export competitiveness. The chapter focuses on selected meso and macro institutional reforms, namely price liberalisation, competition policy, trade and foreign exchange, privatisation, and corporate governance. The results show that institutional reforms in the CEEs were rapid and generally successful. All CEEs became members of the European Union (EU) and the World Trade Organization (WTO). Institutional reforms contributed significantly to improved efficiency and growth in the export sector. The results also suggest that further reforms are needed to improve competition policy and corporate governance, both of which are still below the standards found in Western industrialised countries.

Download Full-text

Group of Twenty - Reinvigorating Trade to Support Growth

Policy Papers ◽

10.5089/9781498345651.007 ◽

2016 ◽

Vol 16 (29) ◽

Author(s):

Keyword(s):

Trade Policy ◽

Global Economy ◽

Trade Agreements ◽

Trade Integration ◽

Doha Round ◽

Trading System ◽

Global Policy ◽

Regulatory Cooperation ◽

Efficiency And Productivity ◽

Trade And Investment

Reinvigorating trade integration should be a key component of the global policy agenda to boost growth. Trade policy’s new frontiers such as services, regulatory cooperation, and trade and investment complementarities carry high potential to bolster efficiency and productivity. But with governments differing on whether to continue the WTO Doha Round, there is an urgent need to identify a path for the global trading system in today’s more complex trade policy landscape. A long interregnum without a path forward would risk fragmenting the global trade system and undermining its governance. Tackling trade policy issues important to the global economy may require flexible approaches to multilateral negotiations, including modalities such as plurilaterals. Enhanced coherence efforts are also needed to ensure that regional trade agreements and multilateralism coexist productively.

Download Full-text

EU will be reluctant to change competition policy

Emerald Expert Briefings ◽

10.1108/oxan-db241489 ◽

2019 ◽

Keyword(s):

Competition Policy ◽

Global Economy ◽

Rolling Stock ◽

Content Type ◽

Industrial Companies ◽

Rise Of China ◽

Competition Rules ◽

Eu Competition Policy ◽

Railway Engineering ◽

The Rise Of China

Subject EU competition policy. Significance The European Commission will decide next month whether to allow a merger between the railway engineering businesses of Siemens (Germany) and Alstom (France), two of the largest European industrial companies. The proposed merger and the Commission’s oversight of it have reopened a debate about the relationship between competition policy and the strategic competitiveness of European firms in the global economy, with the rise of China a particular concern. Impacts The United Kingdoms' exit from the EU will be a blow to the Nordic countries and Ireland, all sceptical of EU competition rules. The transport market for new rolling stock and infrastructure may be hit by a global slowdown. Siemens could seek a merger with Canadian transport company Bombardier if the proposed Siemens-Alstom merger is prohibited.

Download Full-text