From Spaghetti Bowl to Jigsaw Puzzle? Addressing the Disarray in the World Trade System

The rise of mega-regionals such as the Regional Comprehensive Economic Partnership (RCEP) and the Trans-Pacific Partnership (TPP) suggests that the world trade system is fragmenting to the point it appears more like a jigsaw puzzle than a spaghetti bowl. There are both regional and global jigsaw puzzles to be solved—in that order—to clean up the world trade system. But is this even likely? The difficulties of free trade agreement (FTA) consolidation at the regional level are well known, while piecing together the blocs around the world to form a coherent whole is even more challenging. In this context, a way forward is to return to the most widely used modality of trade liberalization—unilateral actions—but this time involving the multilateralization of preferences rather than unreciprocated reductions in tariff rates. As more and more FTAs are negotiated, preference erosion sets in, reducing the resistance of FTA partners to multilateralization. Multilateralization of preferences may then present a practical way forward in addressing the disarray in the world trade system

Building an application for the writing process

The idea that writing is a process and not a product is now generally accepted in writing education, but discussions of digital scholarly communication often neglect the idea, in theory and in practice. This thesis report introduces a Mac OS X software package to support the early stages of the writing process, called Brouillon. Brouillon’s features include: the concatenation of discrete note files into notebooks; notes appearing in multiple notebooks; note intake from mobile devices via Dropbox; and an open standard file format. The report also provides a model of the organization of products of the writing process, with a focus on Brouillon’s most unusual feature, multi-notebook notes. It discusses difficulties in implementation and identifies possibilities for future improvement

The Marriages of Intellectual Property & Insurance

The marriages of Intellectual Property and Insurance may sound a magical word for all those companies which are playing the game of intellectual property in their business. These companies manage their intellectual property under the guidance of IP management and an IP policy in the company. These companies earn a huge amount of money in this game; but there are also chances for the companies to face the risks ahead. These expected risks can be minimized to some extent, if the companies understand the meaning and the importance of this new term “Intellectual Property Insurance”. In order to make the companies appreciate the depth significance of the term, the paper is written and the paper emphasizes the need of IP insurance in the business, the role of IP insurance in mitigating the risks involved in the business and the framework of IP insurance policy etc.Intellectual Property, Insurance, Intellectual Property Insurance

Cambodia's Persistent Dollarization: Causes and Policy Options

Cambodia's economic and social achievements over the past ten years have been the most impressive in its history. Nevertheless, Cambodia today is still as dollarized, if not more so, than it was ten years ago. What is this so, and what, if anything, should the Government do? This paper attempts to answer both these questions, by examining the reasons behind the apparent paradox between a decade of economic and political improvements and continued dollarization, and drawing policy implications from it. We advise against pursuing enforced dedollarization, and advocate a policy option that focuses instead on accelerating accommodative reforms, especially in the financial sector and on legal and institutional reforms. We also identify a host of institutional barriers that need to be overcome to prepare the groundwork for a natural process of de-dollarization.Cambodia; dollarization; exchange rates; currency board; hysteresis

Democracy of Pressure Groups

· The report contains positive references to profit, capital, liberty and freedom (including free-market economy), and the struggle of the world’s poor in the developing world – if we dared, and cared to ask them, that is, to achieve these. These references might be too sacrilegious to be tasteful to some. · The report attempts to show the weaknesses of the activism of the pressure groups, and how empty their rhetoric is. This is of course apart from their unethical conduct in trying to force their views on others. The report refutes comments made against businesses, globalization, privatization, and trade deregulation. At the same time, the need of government in providing property rights is emphasized. · Hope this report will leave a feeling that the biggest reason for differences between the prosperity of a rich and a poor country is neither racial nor cultural, but the system of law and order, property rights, and freedom of action in private, economic and social lives; which work as catalysts to prosperity, growth and the fight against poverty .liberty, council of canadians, canada, trade, free, NAFTA, WTO, Exxon

Managing Success in Viet Nam: Macroeconomic Consequences of Large Capital Inflows with Limited Policy Tools

Viet Nam has experienced spectacular economic growth over the past decade, in part the result of massive foreign direct investment (FDI) inflows. Although much has been written on the impacts of FDI in developing countries, previous studies have generally ignored macroeconomic consequences in cost-benefit assessments. These macroeconomic aspects can be particularly important in transitional economies like Viet Nam, where some of the tools for macroeconomic stabilization may be blunt or unavailable. First, capital inflow growth needs to be accommodated by real exchange rate appreciation. In dollarized economies like Viet Nam, the nominal exchange rate cannot be relied upon to deliver it, so inflation usually results. In these economies, it is also difficult for the central bank to conduct open market operations to sterilize large capital inflows or mop up excess liquidity. Again, this could feed inflation. The combination of a young and inexperienced banking system and an investment-hungry state-owned enterprises (SOE) sector only exacerbates the situation, and increases the risk of imbalances that could result in crisis.capital inflow; macroeconomic adjustment; FDI; real exchange rate; Viet Nam