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The Conventional Morality Of Trade, Chin Leng Lim
The Conventional Morality Of Trade, Chin Leng Lim
Chin Leng Lim
This chapter is concerned with the kinds of moral and political arguments that developing countries have made in the name of global justice. Claims for the direct global redistribution of resources have not loomed large in international trade law and regulation. To be sure, they were raised during the failed negotiations for an International Trade Organization (ITO), but the principal tension that has come to the fore in trade law and policy debate is that between the formal rules of nondiscrimination under the General Agreement on Tariffs and Trade (GATT) and the developing countries’ calls for exceptions to those rules. …
'You Don't Miss Your Water 'Til Your River Runs Dry': Regulating Industrial Supply Shortages After 'China-Raw Materials', Chin Leng Lim, J. H. Senduk
'You Don't Miss Your Water 'Til Your River Runs Dry': Regulating Industrial Supply Shortages After 'China-Raw Materials', Chin Leng Lim, J. H. Senduk
Chin Leng Lim
Global industrial production depends on stable access to raw inputs. Food price volatility has emerged as a major concern for Group of Twenty Finance Ministers and Central Bank Governors (G20), while we are hearing new calls for bringing global disciplines to resource cartels like the Organization of the Petroleum Exporting Countries (OPEC). Supply chains that make up globalized production recently demonstrated their potential fragility when Chinese sovereign intervention threatened to bring Japan’s high-tech manufacturing to its knees by cutting off its supplies. These wide-ranging issues are now being addressed under the umbrella of trade regulation. As a result, we are …