Bernard M. Hoekman and Michel M. Kostecki
- Published in print:
- 2001
- Published Online:
- November 2003
- ISBN:
- 9780198294313
- eISBN:
- 9780191596445
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/019829431X.003.0014
- Subject:
- Economics and Finance, International
The general issue of dealing with ’behind the border’ regulation is discussed in the WTO (World Trade Organization) context, and an introduction provided to the main issues that are likely to be ...
More
The general issue of dealing with ’behind the border’ regulation is discussed in the WTO (World Trade Organization) context, and an introduction provided to the main issues that are likely to be prominent on the multilateral negotiating agenda in the coming decade. A key question is to identify the rationale for––and objectives behind––proposals to address a specific issue in the WTO, and determine what type of cooperation is appropriate, if any. Various issues that are likely to be on the negotiating agenda for some time to come, including competition (anti‐trust) policy, labour standards, trade facilitation, and investment and environmental policies, are discussed. The sections of the chapter are as follows: Contestability of markets as a criterion; Foreign direct investment policies; Competition law; Trade facilitation; Environmental policies; Social policies and labour standards; Domestic regulation; and Conclusion.Less
The general issue of dealing with ’behind the border’ regulation is discussed in the WTO (World Trade Organization) context, and an introduction provided to the main issues that are likely to be prominent on the multilateral negotiating agenda in the coming decade. A key question is to identify the rationale for––and objectives behind––proposals to address a specific issue in the WTO, and determine what type of cooperation is appropriate, if any. Various issues that are likely to be on the negotiating agenda for some time to come, including competition (anti‐trust) policy, labour standards, trade facilitation, and investment and environmental policies, are discussed. The sections of the chapter are as follows: Contestability of markets as a criterion; Foreign direct investment policies; Competition law; Trade facilitation; Environmental policies; Social policies and labour standards; Domestic regulation; and Conclusion.
Herbert Hovenkamp
- Published in print:
- 2013
- Published Online:
- April 2015
- ISBN:
- 9780199782796
- eISBN:
- 9780190261351
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:osobl/9780199782796.003.0003
- Subject:
- Economics and Finance, History of Economic Thought
This chapter outlines neoclassical economic thinking on competition and the problem of monopoly under the Sherman Act. It focuses on a selection from Alfred Marshall's Principles of Economics, and ...
More
This chapter outlines neoclassical economic thinking on competition and the problem of monopoly under the Sherman Act. It focuses on a selection from Alfred Marshall's Principles of Economics, and Arthur Twining Hadley's adaptation and implementation of this on the American economic system. It analyzes Marshall's theories in answering issues raised for antitrust policy regarding fixed costs. It discusses the new economic models about firm behavior and the relationship between scale economies and market size as an answer to the fixed cost problem. It also looks into Henry Hatfield's account of the 1899 Chicago Trusts Conference that brought an assortment of intellectual, business, and political figures convening at an antitrust conference.Less
This chapter outlines neoclassical economic thinking on competition and the problem of monopoly under the Sherman Act. It focuses on a selection from Alfred Marshall's Principles of Economics, and Arthur Twining Hadley's adaptation and implementation of this on the American economic system. It analyzes Marshall's theories in answering issues raised for antitrust policy regarding fixed costs. It discusses the new economic models about firm behavior and the relationship between scale economies and market size as an answer to the fixed cost problem. It also looks into Henry Hatfield's account of the 1899 Chicago Trusts Conference that brought an assortment of intellectual, business, and political figures convening at an antitrust conference.
