Open Access. Powered by Scholars. Published by Universities.®
Social and Behavioral Sciences Commons™
Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 13 of 13
Full-Text Articles in Social and Behavioral Sciences
Reviving Trade Justice: How Arbitration Is Saving Wto Dispute Resolution (For Now), Christine Mcdaniel
Reviving Trade Justice: How Arbitration Is Saving Wto Dispute Resolution (For Now), Christine Mcdaniel
Yeutter Institute International Trade Policy Review
Yeutter Institute Non-Resident Fellow Christine McDaniel provides her thoughts about how arbitration is saving World Trade Organization dispute resolution for the time being. She suggests that the dispute mechanism and the appeal process are not fully functioning, although a temporary solution has emerged, namely, arbitration and a speedy appeals process. She covers recent cases and options facing WTO members who have a complaint.
Predicting Sedentarism And Its Impact On Caloric Requirements, Jacob Michels, John C. Beghin
Predicting Sedentarism And Its Impact On Caloric Requirements, Jacob Michels, John C. Beghin
Yeutter Institute International Trade Policy Review
A recent study conducted by PhD candidate Jacob Michels and Agricultural economist John Beghin delves into the question of whether global estimates of food insecure populations need a reevaluation of their methodology to account for increasing sedentarism. This reevaluation is prompted by the increasing prevalence of sedentary lifestyles worldwide, which calls for a redefinition of caloric thresholds indicating the onset of food insecurity. In this short article, we provide a nontechnical summary of their investigation recently published in Michels and Beghin (2024).
U.S. Trade And Investment Restrictions: Laudable But Costly Goals, Christine Mcdaniel
U.S. Trade And Investment Restrictions: Laudable But Costly Goals, Christine Mcdaniel
Yeutter Institute International Trade Policy Review
U.S. Commerce Secretary Raimondo’s recent visit to China resulted in the announcement of a new “export control enforcement information exchange” between the United States and China. The laudable goal is to prevent China from using U.S. technology for military purposes against the United States or our allies. An information exchange may be a way to explain things to each other, but the fact remains that the export controls are indeed in place. China represents large revenue streams for three of the largest US chip producers—about 20% for Nvidia, 60% for Qualcomm, and 20-30% for Intel. If these U.S. companies cannot …
Higher Education Exports Before And After Covid, John C. Beghin, Byungyul Park
Higher Education Exports Before And After Covid, John C. Beghin, Byungyul Park
Yeutter Institute International Trade Policy Review
Historically, the higher education system in countries belonging to the Organization for Economic Cooperation and Developing (OECD), a grouping of advanced economies, and especially in the United States, has been a magnet for foreign students, both graduate and undergraduates. Graduate students tend to be supported by teaching and research assistantships from the hosting university and do not generate direct revenues for the hosting institution. They do contribute to the economy with their productivity in research projects and with their private consumption. In contrast, most undergraduate foreign students pay fees and tuition which are often higher than those paid by local …
Could Information About Honey Fraud Increase Consumers’ Valuation Of Domestic Honey In The Face Of Rising Honey Imports In The U.S. And Eu?, Christopher Gustafson, Antoine Champetier
Could Information About Honey Fraud Increase Consumers’ Valuation Of Domestic Honey In The Face Of Rising Honey Imports In The U.S. And Eu?, Christopher Gustafson, Antoine Champetier
Yeutter Institute International Trade Policy Review
The consumption of honey, which has been sought out by humans for use as food and medicine for thousands of years, has been increasing in recent decades with rising incomes and attention paid to food choices and health. In two decades, honey consumption in the U.S. has risen from 1.2 pound per capita per year to 1.9 in 2021. In the European Union, per capita consumption rose from 1.5 to 2.1 pounds per capita over the same period. While this might appear to be a boon for U.S. and EU beekeepers, honey is a heavily traded product, and imports from …
Can Sanctions End Wars?, E. Wesley F. Peterson
Can Sanctions End Wars?, E. Wesley F. Peterson
Yeutter Institute International Trade Policy Review
Russia’s invasion of Ukraine has led to extensive economic, financial, trade, and other types of sanctions directed at individual Russians and the Russian economy. Most European and North American countries as well as Australia, New Zealand, Japan, and Korea have enacted sanctions and many of them are also supporting Ukraine with military and economic assistance. Many other countries including China, India, and Brazil do not support the sanctions although 141 countries belonging to the United Nations (out of a total membership of 193) voted to condemn the war. Although the use of economic sanctions to influence the behavior of foreign …
Economic Impacts Of Investment Facilitation, Edward J. Balistreri, Zoryana Olekseyuk
Economic Impacts Of Investment Facilitation, Edward J. Balistreri, Zoryana Olekseyuk
Yeutter Institute International Trade Policy Review
After the successful adoption of the Trade Facilitation Agreement (TFA) in 2014, investment facilitation is gaining importance as the next policy priority for a plurilateral agreement under the World Trade Organization (WTO). In fact, more than 110 WTO Members aim to conclude the negotiations on the Investment Facilitation for Development (IFD) Agreement by mid-2023 after only three years of formal negotiations. Investment facilitation refers to actions taken by governments designed to attract foreign investment and maximize the effectiveness and efficiency of its administration through all stages of the investment cycle. The IFD agreement focuses on allowing investment to flow efficiently …
How’S It Going With The Cptpp?, Christine Mcdaniel
How’S It Going With The Cptpp?, Christine Mcdaniel
Yeutter Institute International Trade Policy Review
There is no doubt that the United States is losing out on market access. But one of the original goals of the Trans-Pacific Partnership (TPP) was for a rules-based trading regime in the Pacific, namely rules not written by China. Thanks to Australia and Japan that seems to be happening even with the U.S. no longer at the helm.
The Comprehensive and Progressive Trans-Pacific Partnership or the awkwardly nicknamed CPTPP is a Pacific trading bloc that consists of 11 countries, spanning the Pacific Rim, and includes Malaysia and Chile. The member countries represent 13% of world GDP. Once the UK …
Public Support: A Missing Variable In The Trade Policy Equation, Jill O’Donnell
Public Support: A Missing Variable In The Trade Policy Equation, Jill O’Donnell
Yeutter Institute International Trade Policy Review
As Canada considers launching free trade agreement (FTA) negotiations with Ecuador, the government wants to know what Canadians think. Ottawa makes it easy for citizens to weigh in, inviting Canadians to “join the discussion” and submit their “views, reflections and priorities” on the potential FTA through a Global Affairs Canada web page that is clear, inviting, and user-friendly. Under a section titled, “Who should participate?” the first answer given is “individuals.”
Although the Biden administration has been clear that it will not seek new FTA negotiations, taking a page from Canada’s public consultation playbook may be instructive, at least when …
Handwringing Over How To Slice The Pie When Ustr Should Be Focused On Growing It, Christine Mcdaniel
Handwringing Over How To Slice The Pie When Ustr Should Be Focused On Growing It, Christine Mcdaniel
Yeutter Institute International Trade Policy Review
The U.S. International Trade Commission (ITC) recently released its report on the distributional effects of trade and trade policy on U.S. workers and “underrepresented and underserved communities.” The report catalogs a host of information gathered from a literature review and several roundtables on the adverse effects of U.S. manufacturing imports. But the report’s laser focus on manufacturing imports leaves a huge gap for readers interested in the distributional effects of trade.
Manufacturing imports are an important part of trade, but they aren’t all of trade. Trade is imports and exports, goods and services, inputs and final goods. Trade is manufacturing, …
“Friendshoring,” Ag Markets, North American Integration Among Issues Examined At Yeutter Institute Symposium, Geitner Simmons
“Friendshoring,” Ag Markets, North American Integration Among Issues Examined At Yeutter Institute Symposium, Geitner Simmons
Yeutter Institute International Trade Policy Review
A Nov. 2, 2022, symposium sponsored by the University of Nebraska-Lincoln’s Yeutter Institute brought together experts addressing a wide array of trade matters, including global ag market dynamics, North American economic integration and Asia-Pacific economic diplomacy. Among the key questions discussed:
— What complications arise for efforts to shift trade policy toward “friendshoring”?
— How well has North American economic integration fared in the wake of NAFTA and its successor, the USMCA?
— What factors, such as the Russian invasion of Ukraine, are currently affecting agricultural markets and global food insecurity?
— What guideposts can best direct U.S. economic diplomacy …
With No Deterrent Effect, The Wto Dispute Settlement Crisis Leaves Us Exporters Exposed, Especially Us Agriculture, Christine Mcdaniel
With No Deterrent Effect, The Wto Dispute Settlement Crisis Leaves Us Exporters Exposed, Especially Us Agriculture, Christine Mcdaniel
Yeutter Institute International Trade Policy Review
The absence of a functioning Appellate Body at the World Trade Organization (WTO) leaves the dispute settlement mechanism weakened, and countries may be more likely to pursue their domestic policy goals in ways that restrict trade. Industries with relatively large export exposure like US agriculture will be particularly vulnerable in this new chaotic regime. The deterrent effect is more important than you think An integral part of the world trading system has been the WTO’s dispute settlement mechanism, which enables the WTO to enforce the rules the Members signed up for. Knowing you could get sued in the WTO for …
Can Geopolitics Help Restore Missing Tools To The U.S. Trade Toolbox?, Matthew Schaefer
Can Geopolitics Help Restore Missing Tools To The U.S. Trade Toolbox?, Matthew Schaefer
Yeutter Institute International Trade Policy Review
When U.S. trade negotiators and trade litigators seek to increase market access for U.S. goods and services abroad, they look in their toolbox to see what might be the best tool. The more well-stocked the toolbox, the more possibilities for increasing foreign market access. Today, when U.S. trade negotiators look in their toolbox, they see several traditional tools missing, specifically legally-binding, comprehensive (including tariff-cutting) regional and bilateral free trade agreements (FTAs) and large package deals within the World Trade Organization (WTO). Their trade litigator colleagues face a similar circumstance of missing traditional tools, specifically the loss of binding two-level dispute …