Library acquisitions — June 2014

Dear all,

We are pleased to send you our list of selected new acquisitions for June 2014. You can send your requests to Web.Librarian

The list is also available on Library’s website: http://intranet/__resources/library/new_for_you_new_books.html

For continuous updates on the latest trade news, don’t forget to check out the "Latest in trade" http://intranet/en/resources/library/library.htm

Kind regards,

Your WTO Library Team

Covers Title, Authors/Editor details, WTO catalogue records email request links Previews

Asian free trade agreements and WTO compatibility: goods, services, trade facilitation and economic cooperation / Shintaro Hamanaka.

WTO catalogue :

http://wto.aquabrowser.com/?itemid=|WTO-Marc|1925145

Request: web.librarian@wto.org

Review: http://goo.gl/x2b8mV

Assessing the effectiveness of international courts / Yuval Shany.

WTO catalogue :

http://wto.aquabrowser.com/?itemid=|WTO-Marc|1925163

Request: web.librarian@wto.org

Preview: http://goo.gl/mtkxp1

Balancing wealth and health: the battle over intellectual property and access to medicines in Latin America / edited by Rochelle C. Dreyfuss and CĂ©sar RodrĂ­guez-Garavito.

WTO catalogue :

http://wto.aquabrowser.com/?itemid=|WTO-Marc|1925110

Request: web.librarian@wto.org

Preview: http://goo.gl/H1Il2e

Capital in the twenty-first century / Thomas Piketty; translated by Arthur Goldhammer.

WTO catalogue :

http://wto.aquabrowser.com/?itemid=|WTO-Marc|1925127

Request: web.librarian@wto.org

Preview: http://goo.gl/XUlkt4

Economic normalization with Cuba: a roadmap for US policymakers / Gary Clyde Hufbauer and Barbara Kotschwar; assisted by Cathleen Cimino and Julia Muir.

WTO catalogue :

http://wto.aquabrowser.com/?itemid=|WTO-Marc|1925188

Request: web.librarian@wto.org

Preview: http://goo.gl/QHvC6T

The fragmentation of global climate governance: consequences and management of regime interactions / Harro van Asselt.

WTO catalogue :

http://wto.aquabrowser.com/?itemid=|WTO-Marc|1924969

Request: web.librarian@wto.org

Review: http://goo.gl/N7IAp6

Fresh water in international law / Laurence Boisson de Chazournes.

WTO catalogue :

http://wto.aquabrowser.com/?itemid=|WTO-Marc|1925179

Request: web.librarian@wto.org

Preview: http://goo.gl/uGEDZs

Frontiers of international economic law: legal tools to confront interdisciplinary challenges / edited by Freya Baetens and José Caiado.

WTO catalogue :

http://wto.aquabrowser.com/?itemid=|WTO-Marc|1925181

Request: web.librarian@wto.org

Preview: http://goo.gl/NmtLcs

Global environmental governance, technology and politics: the Anthropocene gap / Victor Galaz.

WTO catalogue :

http://wto.aquabrowser.com/?itemid=|WTO-Marc|1924795

Request: web.librarian@wto.org

Review: http://goo.gl/OoqdA8

International development: ideas, experience, and prospects / edited by Bruce Currie-Alder … [et al.].

WTO catalogue :

http://wto.aquabrowser.com/?itemid=|WTO-Marc|1925184

Request: web.librarian@wto.org

Preview: http://goo.gl/Bu4Ux5

International law and developing countries: essays in honour of Kamal Hossain / edited by Sharif Bhuiyan, Philippe Sands, Nico Schrijver.

WTO catalogue :

http://wto.aquabrowser.com/?itemid=|WTO-Marc|1925175

Request: web.librarian@wto.org

Preview: http://goo.gl/C2qQeO

International trade law: problems, cases, and materials / Daniel C.K. Chow and Thomas J. Schoenbaum.

WTO catalogue :

http://wto.aquabrowser.com/?itemid=|WTO-Marc|1924945

Request: web.librarian@wto.org

Review: http://goo.gl/pxzdiO

The law and politics of international regime conflict / Dirk Pulkowski.

WTO catalogue :

http://wto.aquabrowser.com/?itemid=|WTO-Marc|1925216

Request: web.librarian@wto.org

Preview: http://goo.gl/MRhwKL

Rising China, anxious Asia? A Bayesian New Keynesian view / Chin-Yoong WONG, Yoke-Kee ENG , Muzafar Shah HABIBULLAH

Should Asia feel anxious about China’s expansion? We look for the answer through the Bayesian estimation of a two-country New Keynesian model of production fragmentation covering ten Asian economies, including China. The estimates show that vis-Ă -vis China, the developed Asia has a more fragmented production structure with higher domestic value-added embodied in intermediates traded with China whereas the developing Asian production chains are equally if not less fragmented with more foreign value-added. We also find that China’s expansion made possible by favorable demand and price shocks benefits all Asian neighbors. Expansion driven by total factor productivity improvement, however, lifts the aggregate value-added in the developing Asia but not in the developed Asia, unless the shocks symmetrically originate in both China and the developed Asia. Fixing the regional currencies irrevocably to the U.S. dollar amplifies the effect of China’s productivity improvements, although it is nearly irrelevant for responses to other types of shocks. We conclude that production fragmentation and symmetry in shock are the keys to the answers of this question.

Full-text available in .pdf

TRIPS Council Debates Non-Violations, Innovation, Green Tech Transfer / Catherine Saez

Whether countries can bring intellectual property complaints against each other under the World Trade Organization even if they don’t violate WTO rules was a topic of debate this week, but could not be resolved.
The WTO Council for Trade-Related Intellectual Property Rights (TRIPS) met on 11 June. The meeting ended after only one day.
A proposal on the ability to bring so-called non-violation complaints under the TRIPS agreement was raised by the United States and discussed inconclusively. Another item put forward by the United States and Taiwan on “innovation hubs” for small-and-medium-sized enterprises led to many countries sharing their experiences, while discussions on the relationship between IP and technology transfer on green technology are expected to be pursued at the next meeting.

Click here to read more

Impact of South–South FDI and Trade on the Export Upgrading of African Economies / Alessia Amighini, Marco Sanfilippo

We explore the impact of FDI and imports on the upgrading of African exports. We find that South–South flows impact differently from North–South ones on the ability of recipients to absorb the positive spillovers. Results support the view that South–South integration has a strong potential for accelerating structural transformation in the continent. South–South FDI foster diversification in key low-tech industries such as agro-industry and textiles, and raise the average quality of manufacturing exports, while importing from the South increases the ability to expand the variety of manufactured exports and to introduce more advanced goods in less-diversified economies.

Full-text available in .pdf

Korea-U.S. FTA in its Second Year: Current Status of Implementation / Young-Gui Kim, Hyo-Young Lee, Jun-Gu Kang, and Hyuk-Hwang Kim.

Since the Korea-U.S. (KORUS) FTA entered into force on March 15, 2012, both sides have reviewed its status of implementation through various joint committee and working group meetings, and discussed ways to further advance their cooperation on bilateral trade issues for successful implementation. This article provides an overview of the status of implementation of the liberalization commitments made in the KORUS FTA, focusing on the trade in goods, services, investment, and other regulatory areas.

Full-text available in .pdf

Trade and cross hedging exchange rate risk / Udo Broll, Kit Pong Wong

Abstract
This paper examines the behavior of a competitive exporting firm that exports to two foreign countries under multiple sources of exchange rate uncertainty. The firm has to cross hedge its exchange rate risk exposure because there is only a forward market between the domestic currency and one foreign country’s currency. When the firm optimally exports to both foreign countries, we show that the firm’s production decision is independent of the firm’s risk attitude and of the underlying exchange rate uncertainty. We show further that the firm’s optimal forward position is depending on whether the two random exchange rates are correlated in the sense of expectation dependence. Our results refine the literature on cross-hedging by introducing the expectation dependence structure. The existing of risk-sharing institutions, such as forward markets, significantly modify the impact of uncertainty on international trade in the economy.

Full-text available in .pdf

Occupational Choice and Income Inequalities under Regional Integration / Xi Yang

Abstract
In a setting with occupational choice and trade between two asymmetric regions, this paper explores the impact of market size and economic integration on both regional inequality and local income inequality within each region. It is shown that market access in a region affects income inequality measures, working through the cutoff productivity for entrepreneurship. Compared with the smaller region, selection into entrepreneurship is more likely for individuals in the larger region with better firm market access whereas the local income inequality is higher. Both regional inequality and regional disparities in the local income inequality measures exhibit an inverted U-shaped pattern when the regional integration level increases.

Full-text available in .pdf