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International Trade and Good Regulatory Practices

 

Regulatory practices and Trade Página 01Good Regulatory Practices encompassing the use of regulatory impact assessments, stakeholder engagement and ex post evaluation are a critical tool in the hands of governments to ensure that regulation achieves its objectives. Over the past several years, attention has grown for the trade costs of regulatory divergence. Diverging regulation may increase the costs to trade goods and services across borders. While regulatory divergence is often the result of diverging national public policy objectives, it may be the undesired result of rule-making ignoring the international regulatory environment and interconnectedness of our societies and economies.

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Top Risks 2017: The Geopolitical Recession - Eurasia Group

Top Risks 2017 Report-001It's been six years since we first wrote about the coming G-Zero world - a world with no global leader. The underlying shifts in the geopolitical environment have been clear: a US with less interest in assuming leadership responsibilities; US allies, particularly in Europe, that are weaker and looking to hedge bets on US intentions; and two frenemies, Russia and China, seeking to assert themselves as (limited) alternatives to the US - Russia primarily on the security front in its extended backyard, and China primarily on the economic front regionally, and, increasingly, globally.

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Assessing Trade Agendas in the US Presidential Campaign

piieInternational trade is a more prominent issue in this year’s presidential campaign than it has been in decades, if ever. Certainly, some of this attention is due to the combination of stagnating average incomes in the United States over the long term and the severe damage wrought by the American financial crisis of 2008–10. These calamities, however, are largely the result of domestic US failures. So while it is understandable that politicians can find support blaming foreign actions and playing into fears of economic change, doing so is also profoundly wrong and short-sighted. There are solid reasons why successive American presidents, both Democrat and Republican, have not succumbed before to this temptation to pander to popular falsehoods about trade.

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Obligación de Negociar un Acceso al Océano Pacífico

Foto RecomendadosPor Sebastián López Escarcena

Investigador Colaborador CEIUC

La Corte Internacional de Justicia rechazó la objeción de incompetencia que Chile interpuso en la controversia que actualmente tiene con Bolivia. Para tal efecto, el tribunal empleó la clasificación de las obligaciones según su contenido que distingue entre obligaciones de medios y de resultado, pero sin mencionarla expresamente, como ya lo había hecho en otras disputas sometidas a su jurisdicción. Con esto, la sentencia de fondo en este caso quedó circunscrita a un pronunciamiento de la Corte sobre la eventual existencia e incumplimiento de un pactum de negotiando o de un deber no convencional de negociación de buena fe, que no llevarían asociados la necesidad de alcanzar un acuerdo predeterminado entre los estados litigantes. Esta decisión, recaída en un nuevo diferendo proveniente del Pacto de Bogotá, pone seriamente en entredicho la conveniencia de la permanencia de Chile en dicho tratado.

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Financial Integration in the Pacific Alliance

ftpaIn a new study commissioned by the Wilson Center’s Latin American Program and the Inter-American Development Bank, economists Guillermo Perry (Universidad de los Andes) and Diego Auvert (Fedesarrollo) explore the current state of financial integration in the Pacific Alliance (PA) and make recommendations for its deepening. 

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