Stephan Griller, Walter Obwexer, and Erich Vranes (Eds.), Mega-Regionals Trade Agreements: CETA, TTIP, and TiSA – New Orientations for EU External Economic Relations

Author(s):  
Maria Laura Marceddu
2021 ◽  
Vol 23 (Fall 2021) ◽  
pp. 193-211
Author(s):  
Kaan Yiğenoğlu

This article scrutinizes relations between economic diplomacy and free trade agreements by focusing on the Turkey-UK free trade agreements which came into force in 2021. Accordingly, the article first introduces the concept of economic diplomacy, an important issue as it has been shown that bilateral trade agreements, nowadays preferred by many countries, can be used as a tool of economic diplomacy. The article then discusses the history and development of free trade agreements signed by Turkey, including its long-running experience of economic integration with the European Union. Although Turkey began establishing free trade agreements in the 1990s, it has been concentrating on and accelerating its use since 2000. Based on economic and political reasons underlying the free economic agreements, the reasons why Turkey and the UK have reached such an agreement are summarized. Economic relations between the two countries are then analyzed and the details of the agreement are investigated in the context of the changes that it provides.


Author(s):  
Luiz Felipe Bruzzi Curi ◽  
Danilo Barolo Martins De Lima ◽  
Vinícius Bivar Marra Pereira

ABSTRACTThis paper addresses the relationship between the development of the concepts of autarky and «economy of the extended space» in the German-speaking world and the framing of economic relations between Germany and Brazil in the 1930s. According to this «autarkic» way of conceiving economics, in order to thrive, an economy has to be autonomous regarding its supply of necessary inputs. Proposals presented in the Annual Reports transmitted to the German Foreign Office by German diplomatic representatives in Brazil encouraged, for example, the negotiation of bilateral trade agreements and the expansion of the Brazilian production of strategic inputs for Germany. The choice of Karl Ritter, an expert in economic matters, as ambassador to Brazil is also representative of this strategy.


Author(s):  
Regis Y. Simo

The book under review addresses trade agreements in the context of the current global economic crisis and the uncompleted Doha Round. The fact that Doha Round negotiations failed to deliver their promises, coupled with the recent surge of free trade agreements, have created both a time of uncertainty and a heightened focus of international economic law scholarship on the implications of the issues creating this uncertainty. This collection of eleven essays covers areas, where, despite the current period of confusion and economic change, there are new, continued or regained activities. The authors seek to adopt new approaches to old problems and to address new challenges in modern-day economic relations among countries. Trying times that we are currently experiencing, coupled by the conclusion of trade alliances (among which the now mega-regionals) that pose serious threats to modern-day multilateralism, raise debates around building a stable economic future.


2021 ◽  
Vol 70 (2) ◽  
pp. 449-489
Author(s):  
Rafael Lima Sakr

AbstractHow was ‘international trade’ between former European empires and their former colonies in Africa governed after decolonisation? In the 1960s, the vast majority of African countries became independent, and so a new arrangement was necessary to govern their economic relations with Europe. The Yaoundé Conventions were then concluded between the European Community (EC) and the bloc of postcolonial African countries. Specialised literature provides comprehensive accounts of the Yaoundé Conventions. However, little is known about the role of law and lawyers in their making and governance. Part of this story concerns political and intellectual struggles in the legal profession about which projects, ideas, and norms would be applicable. Another part concerns the work of lawyers to organise those policies, theories and visions into an emerging conception and to employ it to influence the production and management of the Yaoundé Conventions. This article combines historical and socio-legal approaches to show that a distinct legal conception of regional trade agreements—called here the ‘development framework’—was pivotal to the design and application of the Yaoundé Conventions. This conception was primarily advanced and persuasively used by European and African lawyers. This contrasts with the conventional view that trade agreements are variations on a single legal concept. It is concluded that EC–Africa regionalism was a singular experiment, due significantly to the unique features of this legal conception.


Skola biznisa ◽  
2020 ◽  
pp. 86-111
Author(s):  
Milica Simić ◽  
Biljana Stankov

Modern international economic relations, among other things, are characterized by establishing bilateral and multilateral cooperation between countries in order to liberalize trade relations. The implementation of reached free trade agreements affects economic trends in the signatory countries, the intensification of their foreign trade as wll as the increase in the attractiveness of countries as investment destinations. From 2000 onwards, Serbia has signed several free trade agreements with European countries and the United States. Ten years ago, a free trade agreement was signed with the Republic of Kazakhstan in order to encourage the development of mutual trade and economic relations, accelerate economic development, improve living and working conditions, increase employment and establish fair competition between economic entities from Serbia and Kazakhstan. The subject of the mentioned trade relations are also agri-food products, whose production in Serbia is supported by an excellent raw material base, and has always been a part of national tradition and culture. The research subject of this paper is foreign trade of agricultural products between Serbia and Kazakhstan with regard to free trade agrrements. The research aim is to determine the differences in the movement of exports and imports between the mentioned countries in the period before and after the signing of the free trade agreement.


2019 ◽  
Vol 4 (5) ◽  
pp. 266
Author(s):  
Yevhen Hrechyn ◽  
Vasyl Burba

The purpose of the article is to reveal the content of organized crime in foreign economic sphere and the factors that determine the state and trends of its development. It is revealed the influence of corruption as a form of organized crime on foreign economic activity, which is illustrated by examples of illegal actions in this area. It is concluded that organized crime in foreign economic sphere essentially goes beyond the limits of the customs regime violations, evasion of customs duties and other payments and threatens the functioning of the whole sectors of post-Soviet countries’ economies. Methodology. The study is based on the economic and criminological approaches developed by J. Knorih (Knorich, 2004), as well as S. Zedeg and N. Gustavson (Susanna Thedeg, 2009; Susanna Thede, 2012). It should also be noted the studies conducted by experts from international organizations such as the World Bank (S. J. Hellman, 2000), Transparency International (Transparency and Corruption, 2016) and the Organization for Economic Cooperation and Development (Quantitative Evidence on Transparency in Regional Trade Agreements, 2013). The consideration of issues related to the criminalization of foreign economic relations is based on the methods described in the works of J. Cassar (Cassara, 2015), K. Nordstrom (Nordstrom, 2007), M. Naim (Naim, 2006) and P. Shadri (Chaudhry, 2007), as well as in the author's works on countering corruption and organized crime (Hrechyn, 2015). Result of the study reveals the essence of crime in the foreign economic sphere as a form of corruption that poses threat to the economic security in post-Soviet states. This will allow us to assess the scale of the problem and evaluate appropriate responses.


2022 ◽  
Vol 1 (2) ◽  
pp. 128
Author(s):  
Christieni Maria

This research aims to evaluate the impact of trade agreements and trade war on specific Indonesia-China bilateral trade on four export-import commodities during 2014 - 2019. The methodology used are both descriptive analysis and RCA and EPD analysis. The entire analysis section tries to focus on important periods of economic relations between Indonesia and China, namely the implementation of the 2015 ACFTA and trade war. The results of the study indicate that Indonesia's selected export commodities have huge potential to be developed in bilateral trade with China, especially to maximize the benefits of ACFTA. The implementation of ACFTA 2015 has a positive impact on the growth of the four selected commodities as well as on its competitive analysis. The results of RCA analysis show the four commodities remain including highly competitive, even for palm oil tends to be specialized for Indonesia, however there are differences from EPD analysis results where the two Indonesian export commodities (Animal or Vegetable Fats/ HS15 and Mineral Fuels/ HS27) before the trade war was in the rising star position, it became a lost opportunity, but for the two imported Indonesian commodities, there was no change in staying in the rising star position.


Author(s):  
Ian Bache ◽  
Simon Bulmer ◽  
Stephen George ◽  
Owen Parker

This chapter examines the European Union’s external trade relations in the context of the wider framework of global trade agreements, along with its related policies on development aid, particularly with the African, Caribbean, and Pacific (ACP) states. It first looks at the history of the EU’s trade and development aid before discussing its external trade policy, its relations with the ACP states, and its European Neighbourhood Policy. It then considers theoretical explanations of the EU’s external trade and development aid policies as well as criticisms against such policies. Analysis of the EU’s external economic relations brings to the fore a number of theoretical themes, such as the tension between nationalism and supranationalism, the complexities of bargaining within multiple international forums, and the dominance of particular ideas across different forums.


2021 ◽  
Vol 29 (1) ◽  
pp. 165-190
Author(s):  
Vladimir Lj. Cvetković

This paper analyzes Yugoslav-Romanian economic relations between 1945 and 1948, marked by post-war restoration and radical social and economic changes in both countries. It is focused on the political and economic consequences of the Second World War, trade agreements and exchange, and other forms of economic cooperation which were abruptly suspended due to the conflict between Cominform and Yugoslavia in mid-1948.


2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Dorotea Lopez ◽  
Felipe Munoz

PurposeThe emergence of China in the international trading system has shifted its gravity center, as the country has become one of the mayor actors in international economic relations. Through the subscription of preferential agreements, China is building a network of strategic partnerships worldwide, including Latin America. The purpose of this paper is to answer the questions: Do free trade agreements (FTAs) between China and Latin American countries contribute to expand trade flows and enhance products diversification?Design/methodology/approachThree countries have an FTA with China, Chile (2005), Peru (2009) and Costa Rica (2010). Through an econometric estimation based on a gravity model, the authors expect to determine the impact of these agreements over both trade flows and products.FindingsThe study shows that FTAs have a positive impact on both bilateral trade flows and on the number of exchanged products. Nevertheless, this impact is positive but diminishes in time. The authors confirm that these agreements allowed for a substantive expansion of trade between Latin American economies and China, becoming relevant for policymakers regarding the bi-regional relation.Originality/valueThe study contributes to the understanding of the bilateral trade relations between China and Latin American countries, giving evidence of the magnitude of the impact of FTAs. Through new data, at a six-digit level of detail, this study improves current knowledge regarding bilateral economic relations.


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