Tariff retaliation versus financial compensation in the enforcement of international trade agreements:
"The authors analyze whether financial compensation is preferable to the current system of dispute settlement in the World Trade Organization that permits member countries to impose retaliatory tariffs in response to trade violations committed by other members. They show that monetary fines are...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
[Washington, D.C]
World Bank
2006
|
| Schriftenreihe: | Policy research working paper
3873 |
| Schlagworte: | |
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| Zusammenfassung: | "The authors analyze whether financial compensation is preferable to the current system of dispute settlement in the World Trade Organization that permits member countries to impose retaliatory tariffs in response to trade violations committed by other members. They show that monetary fines are more efficient than tariffs in terms of granting compensation to injured parties when there are violations in equilibrium. However, fines suffer from an enforcement problem since they must be paid by the violating country. If fines must ultimately be supported by the threat of retaliatory tariffs, they fail to yield a more cooperative outcome than the current system. The authors also consider the use of bonds as a means of settling disputes. If bonds can be posted with a third party, they do not have to be supported by retaliatory tariffs and can improve the negotiating position of countries that are too small to threaten tariff retaliation. "--World Bank web site |
| Beschreibung: | Includes bibliographical references. - Title from PDF file as viewed on 4/5/2006 Erscheinungsjahr in Vorlageform:[2006] |
| Beschreibung: | 1 Online-Ressource |
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| id | DE-604.BV040618478 |
| illustrated | Not Illustrated |
| indexdate | 2024-08-27T04:18:03Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-025445977 |
| oclc_num | 874234289 |
| open_access_boolean | |
| owner | DE-12 DE-1102 DE-1051 DE-521 DE-863 DE-BY-FWS DE-862 DE-BY-FWS DE-522 DE-858 DE-573 DE-860 DE-1046 DE-1047 DE-Aug4 DE-2070s DE-M347 DE-1049 DE-898 DE-BY-UBR DE-128 DE-M352 DE-70 DE-92 DE-150 DE-155 DE-BY-UBR DE-22 DE-BY-UBG DE-91 DE-BY-TUM DE-384 DE-473 DE-BY-UBG DE-19 DE-BY-UBM DE-739 DE-20 DE-703 DE-706 DE-355 DE-BY-UBR DE-29 DE-859 DE-Re13 DE-BY-UBR DE-523 |
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| physical | 1 Online-Ressource |
| psigel | ZDB-1-WBA |
| publishDate | 2006 |
| publishDateSearch | 2006 |
| publishDateSort | 2006 |
| publisher | World Bank |
| record_format | marc |
| series2 | Policy research working paper |
| spellingShingle | Limão, Nuno Tariff retaliation versus financial compensation in the enforcement of international trade agreements |
| title | Tariff retaliation versus financial compensation in the enforcement of international trade agreements |
| title_auth | Tariff retaliation versus financial compensation in the enforcement of international trade agreements |
| title_exact_search | Tariff retaliation versus financial compensation in the enforcement of international trade agreements |
| title_full | Tariff retaliation versus financial compensation in the enforcement of international trade agreements Nuno Limao, Kamal Saggi |
| title_fullStr | Tariff retaliation versus financial compensation in the enforcement of international trade agreements Nuno Limao, Kamal Saggi |
| title_full_unstemmed | Tariff retaliation versus financial compensation in the enforcement of international trade agreements Nuno Limao, Kamal Saggi |
| title_short | Tariff retaliation versus financial compensation in the enforcement of international trade agreements |
| title_sort | tariff retaliation versus financial compensation in the enforcement of international trade agreements |
| url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3873 |
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