New economic crisis engulfing South countries
By Martin Khor
A new economic crisis is engulfing several developing countries which face sharp currency depreciation and capital outflows. This is caused by the boombust cycles in capital flows originating in profit-seeking investor behaviour in developed countries. (more…)
Post-2015 Development Agenda and Sustainable Development Goals: Perspectives of the South Centre
The United Nations’ Post-2015 Development Agenda should not simply extend MDGs, or reformulate the goals, but focus instead on global systemic reforms to remove main impediments to development and secure an accommodating international environment for sustainable development. (more…)
When Foreign Investors Sue the State
By Martin Khor
The investor-state dispute system, whereby foreign investors can sue the government in an international tribunal, is one of the issues being negotiated in the Trans-Pacific Partnership Agreement and other free trade agreements.
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When Foreign Investors Sue the State
By Martin Khor
The investor-state dispute system, whereby foreign investors can sue the government in an international tribunal, is one of the issues being negotiated in the Trans-Pacific Partnership Agreement and other free trade agreements. In the recent public debate surrounding the Trans Pacific Partnership Agreement (TPPA), an issue that seems to stand out is the investor-state dispute settlement system (ISDS). It enables foreign investors of TPPA countries to directly sue the host government in an international tribunal. (more…)
New Threat to Economic Role of the State
By Martin Khor
The economically successful developing countries are characterised as having a strong “developmental state”. But this role of the state is coming under attack in new global rules being created. Two new trade agreements involving the two economic giants, the United States and European Union, are leading a charge against the role of the state in the economy in developing countries. Attention should be paid to this initiative as it has serious repercussions on the future development plans and prospects of the developing countries. (more…)
WTO’s MC9: Summary of Issues
10 documents were distributed to WTO Members on 26 November 2013 at the last General Council meeting before the Bali Ministerial Conference (MC9). These documents are being transmitted to Bali. They include:
Trade Facilitation (Rm W text – JOB/TNC/35)
Agriculture
Cotton (JOB/TNC/32) (more…)
WTO’s MC9: Summary of Issues
10 documents were distributed to WTO Members on 26 November 2013 at the last General Council meeting before the Bali Ministerial Conference (MC9). These documents are being transmitted to Bali. (more…)
WTO’s Negotiating Agenda After Bali
This is a 2-pager providing points on what should and should not be part of the WTO’s post-Bali agenda. (more…)
WTO’s MC9: Analysis of the Food Security ‘Peace Clause’ Text
The Peace Clause is time-limited (4 years) and partial in coverage (no inclusion of the WTO’s Agreement on Subsidies and Countervailing Measures- ASCM). Countries can still be taken to dispute. It also has onerous and intrusive transparency and information requirements and conditions. (more…)
Discussing the Legal Basis for Entry Into Force of a Trade Facilitation Agreement
A Trade Facilitation Agreement (TFA) has been proposed as an outcome from the Bali WTO Ministerial Conference. The TFA’s provisions create new rights and obligations for WTO Members; they alter the rights and obligations that WTO Members currently have under the WTO Agreement and its annexes. (more…)
Key Issues Still Under Brackets in the Trade Facilitation Text Presented to the Ministerial Conference in Bali (based on Room W-JOB/TNC/35)
The following document comments on the remaining bracketed articles in the trade facilitation (TF) draft text (Room W- JOB/TNC/35) presented to the ministerial conference in Bali. It includes five main sections, including: (more…)
WTO’s MC9: Analysis of the Text on the Monitoring Mechanism
The text on the Monitoring Mechanism (JOB/TNC/34) which has been transmitted from Geneva to the Bali Ministerial is extremely disappointing. (more…)
