BACKGROUND The World Trade Organisation's Declaration on the TRIPS Agreement and Public Health (known as the Doha Declaration) of 2001, and subsequent Decision on the Interpretation of Paragraph 6 reached in 2003, affirmed the flexibilities available under the Agreement on Trade Related Property Rights (TRIPS) to member states seeking to protect public health. Despite these important clarificat...

In modern international competition and cooperation, digital trade rules centered on the cross-border flow of data have become a competitive advantage for countries. Under guidance commercial freedom, United States chooses to actively promote free across borders. The European Union has placed protection personal rights before through General Data Protection Regulation (GDPR), developing countri...

The consequences of regional trade agreements (RTAs) on countries’ welfare are disputed. In this paper, we assess these effects using stock returns from a recent data set that spans over two hundred RTA announcements, eighty economies, and twenty years. We measure the effects of news concerning RTAs on the returns of national stock markets, after adjusting these returns for international stock ...

As a result of rapid economic growth and increased influence of globalization in international trade activities, intra-industry trade (IIT) becomes prominent across Asia including Malaysia. Free trade agreements and creations of free trade areas have encourage increased cross border investments through production networking as well as fragmentation of production, especially in manufacturing sec...

Existing research indicates that different dimensions of the design of international institutions are interrelated. In particular, deep agreements have been shown to be more flexible. We make two contributions to this literature. On the one hand, we argue and empirically show that the positive relationship between depth and flexibility holds for preferential trade agreements (PTAs). On the othe...

ITH the future of the Doha Round uncertain, there has been a sharp increase in the number of bilateral and regional trade agreements. This has revived long-running arguments in international economics between those promoting global trade agreements and those favoring regional approaches. But in many ways this has been the wrong debate, especially for the world’s smallest, poorest, and most geog...

Foot-and-mouth disease (FMD) has increased in significance as a major constraint to international trade in live animals and animal products as the World Trade Organization agreements remove other obstructions. A consequence will be reluctance to immediately declare the presence of FMD if it is thought possible to quickly eliminate its presence and so avoid trade embargoes. This will predispose ...