WorldWideScience

Sample records for trade development act

  1. 48 CFR 52.225-4 - Buy American Act-Free Trade Agreement-Israeli Trade Act Certificate.

    Science.gov (United States)

    2010-10-01

    ... Trade Agreement-Israeli Trade Act Certificate. 52.225-4 Section 52.225-4 Federal Acquisition Regulations... CLAUSES Text of Provisions and Clauses 52.225-4 Buy American Act—Free Trade Agreement—Israeli Trade Act... Agreement—Israeli Trade Act Certificate (JUN 2009) (a) The offeror certifies that each end product, except...

  2. 48 CFR 52.225-3 - Buy American Act-Free Trade Agreements-Israeli Trade Act.

    Science.gov (United States)

    2010-10-01

    ... Trade Agreements-Israeli Trade Act. 52.225-3 Section 52.225-3 Federal Acquisition Regulations System... Text of Provisions and Clauses 52.225-3 Buy American Act—Free Trade Agreements—Israeli Trade Act. As prescribed in 25.1101(b)(1)(i), insert the following clause: Buy American Act—Free Trade Agreements—Israeli...

  3. 48 CFR 25.406 - Israeli Trade Act.

    Science.gov (United States)

    2010-10-01

    ... 48 Federal Acquisition Regulations System 1 2010-10-01 2010-10-01 false Israeli Trade Act. 25.406... PROGRAMS FOREIGN ACQUISITION Trade Agreements 25.406 Israeli Trade Act. Acquisitions of supplies by most agencies are covered by the Israeli Trade Act, if the estimated value of the acquisition is $50,000 or more...

  4. Act locally, trade globally. Emissions trading for climate policy

    Energy Technology Data Exchange (ETDEWEB)

    none

    2005-07-01

    Climate policy raises a number of challenges for the energy sector, the most significant being the transition from a high to a low-CO2 energy path in a few decades. Emissions trading has become the instrument of choice to help manage the cost of this transition, whether used at international or at domestic level. Act Locally, Trade Globally, offers an overview of existing trading systems, their mechanisms, and looks into the future of the instrument for limiting greenhouse gas emissions. Are current markets likely to be as efficient as the theory predicts? What is, if any, the role of governments in these markets? Can domestic emissions trading systems be broadened to activities other than large stationary energy uses? Can international emissions trading accommodate potentially diverse types of emissions targets and widely different energy realities across countries? Are there hurdles to linking emissions trading systems based on various design features? Can emissions trading carry the entire burden of climate policy, or will other policy instruments remain necessary? In answering these questions, Act Locally, Trade Globally seeks to provide a complete picture of the future role of emissions trading in climate policy and the energy sector.

  5. 26 CFR 1.943-1 - Withholding by a China Trade Act corporation.

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 10 2010-04-01 2010-04-01 false Withholding by a China Trade Act corporation. 1...) INCOME TAX (CONTINUED) INCOME TAXES China Trade Act Corporations § 1.943-1 Withholding by a China Trade Act corporation. Dividends paid by a China Trade Act corporation to a nonresident alien individual...

  6. 77 FR 43081 - Federal Acquisition Regulation; Information Collection; Buy American Act-Free Trade Agreements...

    Science.gov (United States)

    2012-07-23

    ...; Information Collection; Buy American Act--Free Trade Agreements--Israeli Trade Act Certificate AGENCIES... approved information collection requirement concerning the Buy American Act--Free Trade Agreements--Israeli..., Buy American Act--Free Trade Agreements--Israeli Trade Act Certificate, by any of the following...

  7. THE RIGHTS GRANTED TO TRADE UNIONS UNDER THE COMPANIES ACT 71 OF 2008

    Directory of Open Access Journals (Sweden)

    Heidi C Schoeman

    2013-08-01

    Full Text Available With the entering into force of the Companies Act 71 of 2008 in 2011 a number of rights were granted to trade unions by the act. The Companies Act 71 of 2008 not only grants rights to registered trade unions, as is the case in labour law, but in some cases it grants rights to trade unions representing employees at the workplace. It is argued that rights afforded to trade unions by the act ought to be granted only to trade unions that are registered in terms of the Labour Relations Act 66 of 1995. In addition, it is also argued that the Companies Act 71 of 2008 ought in principle to differentiate between rights that are granted to registered trade unions representing employees at the workplace and rights that are granted to registered majority trade unions, or at the least to sufficiently representative trade unions.

  8. 26 CFR 1.941-1 - Special deduction for China Trade Act corporations.

    Science.gov (United States)

    2010-04-01

    ... (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES China Trade Act Corporations § 1.941-1 Special deduction for China Trade Act corporations. In addition to the deductions from taxable income otherwise allowed such a corporation, a China Trade Act corporation is, under certain conditions, allowed an additional deduction in...

  9. 48 CFR 752.225-9 - Buy American Act-Trade Agreements Act-Balance of Payments Program.

    Science.gov (United States)

    2010-10-01

    ... CLAUSES Texts of Provisions and Clauses 752.225-9 Buy American Act—Trade Agreements Act—Balance of... 48 Federal Acquisition Regulations System 5 2010-10-01 2010-10-01 false Buy American Act-Trade Agreements Act-Balance of Payments Program. 752.225-9 Section 752.225-9 Federal Acquisition Regulations...

  10. The Rights Granted to Trade Unions Under the Companies Act 71 of ...

    African Journals Online (AJOL)

    With the entering into force of the Companies Act 71 of 2008 in 2011 a number of rights were granted to trade unions by the act. The Companies Act 71 of 2008 not only grants rights to registered trade unions, as is the case in labour law, but in some cases it grants rights to trade unions representing employees at the ...

  11. Medical rosters and the Trade Practices Act.

    Science.gov (United States)

    Pengilley, Warren

    2003-04-07

    Medical rosters are not free of trade practices problems, notwithstanding assurances by the Australian Competition and Consumer Commission (ACCC). Neither the ACCC nor the recently convened Wilkinson Committee has applied rigorous legal principles in interpreting the Trade Practices Act 1974 (Cwlth) to reach its conclusions. The Australian law should be changed to bring it into line with that of the United States and New Zealand.

  12. Application of the Coasting Trade Act to offshore oil and gas operations

    International Nuclear Information System (INIS)

    De Jonge, B.B.

    2002-01-01

    The main features of the 1992 Coasting Trade Act are summarized. The main purpose of the Act is to protect Canadian ship owners and to ensure they have an opportunity to recover their investments in having Canadian built and crewed vessels. The Coasting Trade Act replaces provisions of the Canada Shipping Act which prohibited non-British ships from entering into Canadian domestic trade. The intention for the Coasting Trade Act is to reserve the coasting trade of Canada to Canadian-registered ships. However, when a Canadian ship is not available, a suitable foreign ship may be temporarily permitted to engage in the Canadian coasting trade as long as Canadian safety standards are met and duties are paid. The Canada Customs and Revenue Agency deals with licence applications while the Canadian Transportation Agency deals with unfair practices and enforcement. The provisions relating to the Coasting Trade License applications are examined along with how they are administered with particular reference to offshore oil and gas operations. The paper also presents recent decisions regarding application licences for Tycom (US) Inc., the Norwegian Polar Ship Management, and the Cyprus-registered seismic vessel, the Northern Access. It is noted that in evaluating the suitability and availability of a Canadian vessel for an activity proposed to be performed by a foreign vessel, the Canadian Transportation Agency examines the technical, financial and commercial elements brought by the parties

  13. 26 CFR 1.941-2 - Meaning of terms used in connection with China Trade Act corporations.

    Science.gov (United States)

    2010-04-01

    ... Trade Act corporations. 1.941-2 Section 1.941-2 Internal Revenue INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES China Trade Act Corporations § 1.941-2 Meaning of terms used in connection with China Trade Act corporations. (a) A China Trade Act corporation...

  14. 48 CFR 25.504-3 - FTA/Israeli Trade Act.

    Science.gov (United States)

    2010-10-01

    ... 48 Federal Acquisition Regulations System 1 2010-10-01 2010-10-01 false FTA/Israeli Trade Act. 25.504-3 Section 25.504-3 Federal Acquisition Regulations System FEDERAL ACQUISITION REGULATION SOCIOECONOMIC PROGRAMS FOREIGN ACQUISITION Evaluating Foreign Offers-Supply Contracts 25.504-3 FTA/Israeli Trade...

  15. The Export Trading Company Act of 1982 and the photovoltaics industry: An assessment

    Science.gov (United States)

    Enfield, S.; Laporta, C.

    1983-01-01

    The potential advantages of recent export promotion legislation for the U.S. photovoltaics industry were assessed. The provisions of the Export Trading Company Act of 1982 were reviewed and the export trade sector was surveyed to determine what impact the Act is haviang on export company activity. The photovoltaics industry was then studied to determine whether the Act offers particular advantages for promoting its product overseas.

  16. 19 CFR 205.6 - Investigations under section 301(e)(3) of the Trade Act of 1974.

    Science.gov (United States)

    2010-04-01

    ... Trade Act of 1974. 205.6 Section 205.6 Customs Duties UNITED STATES INTERNATIONAL TRADE COMMISSION...) INTERNATIONAL TRADE OR OF TAKING RETALIATORY ACTIONS TO OBTAIN THE ELIMINATION OF UNJUSTIFIABLE OR UNREASONABLE FOREIGN ACTS OR POLICIES WHICH RESTRICT U.S. COMMERCE Investigations Concerning the Probable Impact on the...

  17. 26 CFR 1.6072-3 - Income tax due dates postponed in case of China Trade Act corporations.

    Science.gov (United States)

    2010-04-01

    ... Trade Act corporations. 1.6072-3 Section 1.6072-3 Internal Revenue INTERNAL REVENUE SERVICE, DEPARTMENT... Documents § 1.6072-3 Income tax due dates postponed in case of China Trade Act corporations. (a) With... tax return of any corporation organized under the China Trade Act of 1922 (15 U.S.C. ch. 4), as...

  18. The constitutional protection of trade secrets and patents under the Biologics Price Competition and Innovation Act of 2009.

    Science.gov (United States)

    Epstein, Richard A

    2011-01-01

    The Biologics Price Competition and Innovation Act of 2009 ("Biosimilars Act") is for the field of pharmaceutical products the single most important legislative development since passage of the Drug Price Competition and Patent Term Restoration Act of 1984 ("Hatch-Waxman Act"), on which portions of the Biosimilars Act are clearly patterned. Congress revised section 351 of the Public Health Service Act (PHSA) to create a pathway for FDA approval of "biosimilar" biological products. Each biosimilar applicant is required to cite in its application a "reference product" that was approved on the basis of a full application containing testing data and manufacturing information, which is owned and was submitted by another company and much of which constitutes trade secret information subject to constitutional protection. Because the Biosimilars Act authorizes biosimilar applicants to cite these previously approved applications, the implementation of the new legislative scheme raises critical issues under the Fifth Amendment of the Constitution, pursuant to which private property--trade secrets included--may not be taken for public use, without "just compensation." FDA must confront those issues as it implements the scheme set out in the Biosimilars Act. This article will discuss these issues, after providing a brief overview of the Biosimilars Act and a more detailed examination of the law of trade secrets.

  19. The Impact of the Labour Relations Act on Minority Trade Unions: A ...

    African Journals Online (AJOL)

    The Impact of the Labour Relations Act on Minority Trade Unions: A South African ... trade unions in terms of international labour standards and the Constitution. In part one the article examines the concept of majoritarianism, pluralism and ...

  20. Trade, development, and regulatory issues in food.

    Science.gov (United States)

    Ramaswamy, Sunder; Viswanathan, Brinda

    2007-03-01

    Trade in food and animal products has increased several-fold in the past decade, and simultaneously regulations governing the movement of such products across national boundaries have also increased. The present study reviews harmonization in food trade regulation by focusing on nutritional aspects to understand its role in enhancing world trade on the one hand and consumer interest and welfare on the other. Harmonization to a large extent brings in more regulation from the developed world acting through their governments, consumer organizations, and multinational companies; it does not seem to address, in general, the concerns of the large segments of the poor population for whom agriculture and food trade are the main sources of livelihood. There is a lack of quantifiable estimates of the loss in well-being of the disadvantaged. However, there is substantial research focused on the potential harm to developed nations as a result of nonadherence to the rules. Clearly, lack of adequate infrastructure, resource constraints, and weak institutions not only result in poor food safety regulation within developing countries but also remain barriers to realizing the greater potential benefits from increased trade. Harmonization of standards would have some losers and some winners, but to make it more inclusive, scientific knowledge alone may not be adequate; social and cultural aspects also need to be considered, since food systems differ among regions, with varying preferences, local resource availability, and levels of economic development. Improvement in governance in many countries not only would ensure better participation in international rule-making and the negotiation process for fairer trade but also would result in effective domestic legislation to ensure safer health for citizens, resulting in higher overall well-being.

  1. Trade, development and sustainability

    DEFF Research Database (Denmark)

    Røpke, Inge

    1994-01-01

    Mainstream economic theory argues that trade, and especially free trade, is beneficial to everyone involved. This fundamental idea ? which has the character of a dogma ? still plays an important role in international discussions on trade issues, notably in relation to development and environment...... be defended in all cases. Especially, the developing countries' benefits from trade have been very dubious. Furthermore, the trading system has contributed to environmental problems in several ways, e.g. generating undervaluation of natural resources, stimulating economic growth with environmental....... The purpose of this article is to critically assess the "free trade dogma" and to investigate the validity of widely used arguments concerning the relations between trade and development and between trade and environment. It is argued that the trading system is not something inherently good, which should...

  2. 77 FR 31039 - Andean Trade Preference Act: Impact on the U.S. Economy and on Andean Drug Crop Eradication

    Science.gov (United States)

    2012-05-24

    .... 332-352, Andean Trade Preference Act: Impact on the U.S. Economy and on Andean Drug Crop Eradication... INTERNATIONAL TRADE COMMISSION [Investigation No. 332-352] Andean Trade Preference Act: Impact on the U.S. Economy and on Andean Drug Crop Eradication AGENCY: United States International Trade...

  3. 75 FR 24967 - Andean Trade Preference Act: Impact on the U.S. Economy and on Andean Drug Crop Eradication

    Science.gov (United States)

    2010-05-06

    ... Preference Act: Impact on the U.S. Economy and on Andean Drug Crop Eradication. DATES: June 24, 2010... INTERNATIONAL TRADE COMMISSION [Investigation No. 332-352] Andean Trade Preference Act: Impact on the U.S. Economy and on Andean Drug Crop Eradication AGENCY: United States International Trade...

  4. 76 FR 79023 - Determinations Under Section 1106(a) of the Omnibus Trade and Competitiveness Act of 1988Russian...

    Science.gov (United States)

    2011-12-20

    ... Determinations Under Section 1106(a) of the Omnibus Trade and Competitiveness Act of 1988--Russian Federation... Competitiveness Act of 1988 (19 U.S.C. 2905(a)), I determine that state trading enterprises account for a...

  5. 48 CFR 52.225-12 - Notice of Buy American Act Requirement-Construction Materials Under Trade Agreements.

    Science.gov (United States)

    2010-10-01

    ... Requirement-Construction Materials Under Trade Agreements. 52.225-12 Section 52.225-12 Federal Acquisition...—Construction Materials Under Trade Agreements. As prescribed in 25.1102(d)(1), insert the following provision: Notice of Buy American Act Requirement—Construction Materials Under Trade Agreements (FEB 2009) (a...

  6. INTERACTION OF TRADE AND FINANCIAL LINKAGES IN THE FREE TRADE ZONES

    Directory of Open Access Journals (Sweden)

    V. Shevchenko

    2014-09-01

    Full Text Available Different models of free trade agreements (FTA and free trade zones (FTZ are considered in the article, argued the complex approach to their structures and results under unstable global economic environment. The typology of the free trade zones models and financial linkages types between countries have been developed. Approaches to the results of the free trade zones have been argued. It has been discovered that for the free trade zones of transitional countries the prevailing are tarde flows concentration whereas financial and investment linkages are acting with developed countries. The main directions of increasing of the financial linkages results in the free trade zones have been discovered.

  7. Trade and Development

    DEFF Research Database (Denmark)

    Abbott, Philip; Bentzen, Jeanet; Tarp, Finn

    2009-01-01

    History, not predictions of CGE models or cross-country growth studies, shows a strong relationship between trade and development. Vietnam's experience with bilateral trade agreements, comparing actual outcomes with predictions from existing models, demonstrates this and the limitations of research...

  8. 78 FR 15031 - Agency Information Collection Activities: Andean Trade Preferences Act

    Science.gov (United States)

    2013-03-08

    ... Management and Budget (OMB) approval. All comments will become a matter of public record. In this document..., Andean Trade Promotion and Drug Eradication Act (ATPDEA) Certificate of Origin. This form can be used... 17. Type of Review: Extension (without change). Affected Public: Businesses. ATPA Certificate of...

  9. Evaluating the impact of the alcohol act on off-trade alcohol sales: a natural experiment in Scotland.

    Science.gov (United States)

    Robinson, Mark; Geue, Claudia; Lewsey, James; Mackay, Daniel; McCartney, Gerry; Curnock, Esther; Beeston, Clare

    2014-12-01

    A ban on multi-buy discounts of off-trade alcohol was introduced as part of the Alcohol Act in Scotland in October 2011. The aim of this study was to assess the impact of this legislation on alcohol sales, which provide the best indicator of population consumption. Interrupted time-series regression was used to assess the impact of the Alcohol Act on alcohol sales among off-trade retailers in Scotland. Models accounted for underlying seasonal and secular trends and were adjusted for disposable income, alcohol prices and substitution effects. Data for off-trade retailers in England and Wales combined (EW) provided a control group. Weekly data on the volume of pure alcohol sold by off-trade retailers in Scotland and EW between January 2009 and September 2012. The introduction of the legislation was associated with a 2.6% (95% CI = -5.3 to 0.2%, P = 0.07) decrease in off-trade alcohol sales in Scotland, but not in EW (-0.5%, 95% CI = -4.6 to 3.9%, P = 0.83). A statistically significant reduction was observed in Scotland when EW sales were adjusted for in the analysis (-1.7%, 95% CI = -3.1 to -0.3%, P = 0.02). The decline in Scotland was driven by reduced off-trade sales of wine (-4.0%, 95% CI = -5.4 to -2.6%, P types in Scotland, or in sales of any drink type in EW. The introduction of the Alcohol Act in Scotland in 2011 was associated with a decrease in total off-trade alcohol sales in Scotland, largely driven by reduced off-trade wine sales. © 2014 The Authors. Addiction published by John Wiley & Sons Ltd on behalf of Society for the Study of Addiction.

  10. Global Agricultural Trade and Developing Countries

    OpenAIRE

    Aksoy, M. Ataman; Beghin, John C.

    2005-01-01

    Global Agricultural Trade and Developing Countries explores the outstanding issues in global agricultural trade policy and evolving world production and trade patterns. This book presents research findings based on a series of commodity studies of significant economic importance to developing countries. Setting the stage with background chapters and investigations of cross-cutting issues, the authors describe trade and domestic policy regimes affecting agricultural and food markets and analyz...

  11. 77 FR 28620 - Andean Trade Preference Act: Impact on the U.S. Economy and on Andean Drug Crop Eradication

    Science.gov (United States)

    2012-05-15

    ... INTERNATIONAL TRADE COMMISSION [Investigation No. 332-352] Andean Trade Preference Act: Impact on the U.S. Economy and on Andean Drug Crop Eradication AGENCY: United States International Trade... to report biennially to the Congress by September 30 of each reporting year on the economic impact of...

  12. Creative Trade for Human Development

    OpenAIRE

    Kabanda, Patrick

    2016-01-01

    In recent years, international trade in creative goods and services has been expanding. But this upward march is not lifting all boats. Although many developing countries are endowed with vast cultural wealth, they still lag behind. In addition, women are not faring well. Much needs to be done to expand creative trade for human development. Suggestions here include implementing a Women Art...

  13. Development Implications of Liberalization of Trade in Services ...

    International Development Research Centre (IDRC) Digital Library (Canada)

    Development Implications of Liberalization of Trade in Services ... disseminated by the United Nations Conference on Trade and Development (UNCTAD). ... The Honourable Chrystia Freeland, Minister of International Trade, announced a ...

  14. The Impact of Transport on International Trade Development

    Directory of Open Access Journals (Sweden)

    Pavlović Duško

    2016-09-01

    Full Text Available International trade implies transport of specific quantity of goods to (frequently large distances, the success of which depends on the safety and speed of delivery. These are greatly conditioned by the quality of means of transport and infrastructure. This is why international trade development is affected by transport, and the development of means of transport and infrastructure is, to a great extent, influenced by demand for international delivery of various commodities. This paper looks at the interdependence of international trade and transport, showing how transport played a very significant role in international trade development in the past as it does today, commensurate to the role of international trade in the development of carriers and transport infrastructure.

  15. The Food Safety Modernization Act: a barrier to trade? Only if the science says so.

    Science.gov (United States)

    McNeill, Naomi

    2012-01-01

    The Food Safety Modernization Act improves oversight of America's food safety system. Title III, which regulates imported food, may create extra burdens for importers and therefore act as a barrier to trade. What will be on trial before the World Trade Organization (WTO), however, is not the law's content, but the science supporting it. Under the WTO regime, food safety laws that could restrict the free movement of food commodities must be sufficiently justified by scientific evidence. Member states must engage in risk assessments and regulate food imports in a manner that is "no more restrictive than necessary" to protect against the health risks identified by scientific evidence. This article examines the requirements of the WTO to evaluate the FSMA's legality under WTO rules. It analyzes the case law of the WTO Panel and Appellate Body and compares the FMSA to the EU's General Food Law.

  16. International liner cargo shipping: a review of Part X of the Trade Practices Act 1974

    OpenAIRE

    Productivity Commission

    2001-01-01

    On 12 March 1999 the Assistant Treasurer referred Part X of the Trade Practices Act 1974 and associated regulations to the Commission for inquiry and report within six months. The Commission was to report on the appropriate arrangements for regulation of international cargo shipping services.

  17. Virtual water trade and development in Africa

    Science.gov (United States)

    Konar, Megan; Caylor, Kelly

    2014-05-01

    A debate has long existed on the relationships between human population, natural resources, and development. Recent research has expanded this debate to include the impacts of trade; specifically, virtual water trade, or the water footprint of traded commodities. We conduct an empirical analysis of the relationships between virtual water trade, population, and development in Africa. We find that increases in virtual water imports do not lead to increases in population growth nor do they diminish human welfare. We establish a new index of virtual water trade openness and show that levels of undernourishment tend to fall with increased values of virtual water trade openness. Countries with small dam storage capacity obtain a higher fraction of their agricultural water requirements from external sources, which may indicate implicit `infrastructure sharing' across nations. Globally, increased crop exports tends to correlate with increased crop water use efficiency, though this relationship does not hold for Africa. However, internal African trade is much more efficient in terms of embodied water resources than any other region in the world. Thus, internal African trade patterns may be compensating for poor internal production systems.

  18. Virtual water trade and development in Africa

    Directory of Open Access Journals (Sweden)

    M. Konar

    2013-10-01

    Full Text Available A debate has long existed on the relationships between human population, natural resources, and development. Recent research has expanded this debate to include the impacts of trade; specifically, virtual water trade, or the water footprint of traded commodities. We conduct an empirical analysis of the relationships between virtual water trade, population, and development in Africa. We find that increases in virtual water imports do not lead to increases in population growth nor do they diminish human welfare. We establish a new index of virtual water trade openness and show that levels of undernourishment tend to fall with increased values of virtual water trade openness. Countries with small dam storage capacity obtain a higher fraction of their agricultural water requirements from external sources, which may indicate implicit "infrastructure sharing" across nations. Globally, increased crop exports tend to correlate with increased crop water use efficiency, though this relationship does not hold for Africa. However, internal African trade is much more efficient in terms of embodied water resources than any other region in the world. Thus, internal African trade patterns may be compensating for poor internal production systems.

  19. Research and Development Costs in Retail Trade

    Directory of Open Access Journals (Sweden)

    Radojko LUKIC

    2016-12-01

    Full Text Available Research and development expenses are crucial business performance factors for all enterprises, including trading companies. The size and structure of these expenses depend largely on the nature of a company’s activities. Due to such importance and specificity, the research focus of this article is on R&D expenses in trading companies with particular emphasis on retail companies. Their share in the sales revenue of trading companies is increasingly important and determined by many factors, such as innovation, size, location, product categories, and others. Due to varying intensity of influence of these and other factors, research and development expenses in commercial companies differ among countries, trade types (wholesale, retail, wholesale and retail, retail formats (store types and product categories. Understanding the factors of these differences is important for efficient management of research and development costs in trade, particularly retail companies. They are the focus of research in this work.

  20. ECONOMIC DEVELOPMENT THROUGH AID OR INTERNATIONAL TRADE

    Directory of Open Access Journals (Sweden)

    Ana Mihei

    2010-12-01

    Full Text Available Economic development is the supreme goal of modern civilization. This phenomenon is seen not just in terms of growth, but rather as an overall improvement in living standards. Economic development is a national goal, but also an objective of international economic bodies. Talks about development are held in the context of the opposition between developed countries and developing countries.In this article, we discuss whether development aid that originates from industrialized states supports sustainable economic rise of the countries lagging behind and whether it is preferable to let market operate freely, through the liberalization of international trade. Our conclusion is that economic development through the promotion of free trade would be achieved faster and more efficiently, based on net gains from trade and the pride of the peoples who would have won by themselves their daily bread and a place in the global market.

  1. Trade Finance during the 2008–9 Trade Collapse : Key Takeaways

    OpenAIRE

    Chauffour, Jean-Pierre; Malouche, Mariem

    2011-01-01

    Trade finance matters for trade, and when financial markets and world trade collapsed three years ago, a shortage in trade finance was hailed as a possible culprit. Because of the potential for global repercussions, world leaders called on the international community to act swiftly to avoid a depression. Governments and international institutions intervened to mitigate the impacts of the c...

  2. Interactions between energy efficiency and emission trading under the 1990 Clean Air Act Amendments

    International Nuclear Information System (INIS)

    Hillsman, E.L.; Alvic, D.R.

    1994-08-01

    The 1990 Clean Air Act Amendments affect electric utilities in numerous ways. The feature that probably has received the greatest attention is the provision to let utilities trade emissions of sulfur dioxide (SO 2 ), while at the same time requiring them to reduce S0 2 emissions in 2000 by an aggregate 43%. The emission trading system was welcomed by many as a way of reducing the cost of reducing emissions, by providing greater flexibility than past approaches. This report examines some of the potential interactions between trading emissions and increasing end-use energy efficiency. The analysis focuses on emission trading in the second phase of the trading program, which begins in 2000. The aggregate effects, calculated by an emission compliance and trading model, turn out to be rather small. Aggressive improvement of end-use efficiency by all utilities might reduce allowance prices by $22/ton (1990 dollars), which is small compared to the reduction that has occurred in the estimates of future allowance prices and when compared to the roughly $400/ton price we estimate as a base case. However, the changes in the allowance market that result are large enough to affect some compliance decisions. If utilities in only a few states improve end-use efficiency aggressively, their actions may not have a large effect on the price of an allowance, but they could alter the demand for allowances and thereby the compliance decisions of utilities in other states. The analysis shows how improving electricity end-use efficiency in some states can cause smaller emission reductions in other states, relative to what would have happened without the improvements. Such a result, while not surprising given the theory behind the emission trading system, is upsetting to people who view emissions, environmental protection, and energy efficiency in moral rather than strictly economic terms

  3. 78 FR 42084 - Cooperative Agreement to Support the World Trade Organization's Standards and Trade Development...

    Science.gov (United States)

    2013-07-15

    ...] Cooperative Agreement to Support the World Trade Organization's Standards and Trade Development Facility... The STDF is a unique global partnership established by the Food and Agriculture Organization, World... cooperative agreement in fiscal year 2013 (FY 2013) to the World Trade Organization's (WTO) Standards and...

  4. Developments in international bioenergy trade

    International Nuclear Information System (INIS)

    Junginger, Martin; Faaij, Andre; Wit, Marc de; Bolkesjoe, Torjus; Bradley, Douglas; Dolzan, Paulo; Piacente, Erik; Walter, Arnaldo da Silva; Heinimoe, Jussi; Hektor, Bo; Leistad, Oeyvind; Ling, Erik; Perry, Miles; Rosillo-Calle, Frank; Ryckmans, Yves; Schouwenberg, Peter-Paul; Solberg, Birger; Troemborg, Erik

    2008-01-01

    The aim of this paper is to present a synthesis of the main developments and drivers of international bioenergy trade in IEA Bioenergy Task 40 member countries, based on various country reports written by Task 40 members. Special attention is given to pellet and ethanol trade. In many European countries such as Belgium, Finland, the Netherlands, Sweden and the UK, imported biomass contributes already significantly (between 21% and 43%) to total biomass use. Wood pellets are currently exported by Canada, Finland and (to a small extent) Brazil and Norway, and imported by Sweden, Belgium, the Netherlands, and the UK. In the Netherlands and Belgium, pellet imports nowadays contribute to a major share to total renewable electricity production. Trade in bio-ethanol is another example of a rapidly growing international market. With the EU-wide target of 5.75% biofuels for transportation in 2010 (and 10% in 2020), exports from Brazil and other countries to Europe are likely to rise as well. Major drivers for international bioenergy trade in general are the large resource potentials and relatively low production costs in producing countries such as Canada and Brazil, and high fossil fuel prices and various policy incentives to stimulate biomass use in importing countries. However, the logistic infrastructure both in exporting and importing countries needs to be developed to access larger physical biomass volumes and to reach other (i.e. smaller) end-consumers. It is concluded that international bioenergy trade is growing rapidly, far beyond what was deemed possible only a few years ago, and may in the future in some Task 40 countries surpass domestic biomass use, especially for specific applications (e.g. transport fuels). (author)

  5. International biodiesel markets. Developments in production and trade

    Energy Technology Data Exchange (ETDEWEB)

    Lamers, P. [Ecofys Germany, Berlin (Germany)

    2012-01-15

    The global biodiesel market has shown an exponential growth in production and trade across the past decade. Nowadays, more biodiesel than ever before is sourced from abroad and procurement areas - especially of large scale producers and traders - span the globe. While this trend is bound to continue, markets and trade developments are still strongly linked to support and trade policies. Furthermore, the biodiesel industry is strongly linked to other sectors (agriculture and mineral oil industry in particular) and faces significant market disturbances some of which have led to various inefficiencies in the past. Due to the pace of this market development, a methodological assessment and understanding of the numerous influencing factors was needed to reduce uncertainties and risks for those involved. A recently published analysis by Ecofys and the Copernicus Institute, Utrecht University, provided such an analysis. It evaluates how the interaction of domestic policies steered global trade streams towards different markets, in particular in connection to underlying trade policies and additional market forces, over the past decade. It provides robust data on international production and trade volumes which have already served as input to the recently published Special Report on Renewable Energy (SRREN) by the Intergovernmental Panel on Climate Change (IPCC). This market brochure was commissioned by UFOP to build upon the methodologies and findings of Lamers et al. and to provide a picture of the global biodiesel market in 2010/2011. It is structured in six sections: an overview of global production volumes (Section 2); developments of EU (Section 3) and other world (Section 4) markets and (trade) policies; global net trade volumes (Section 5); vegetable oil trade patterns and their link to biodiesel trade (Section 6); Conclusions and Outlook (Section 7)

  6. ECO2, Emissions Trading Services, development project

    International Nuclear Information System (INIS)

    Ruokonen, A.

    2006-01-01

    Emissions Trading started within EU at the beginning of 2005. It caused substantial changes to the business environment of energy companies and energy intensive industry. The planning of Emissions Trading is a complicated process and companies will need consulting, IT systems and other services. Emissions Trading introduces a new factor of production emission allowances, which are tradable commodities. In future, Emissions Trading emissions, emission allowances and the prices of emission allowances have to be considered during the fuel purchasing and the energy production planning. And the best possible knowledge of the own emissions balance and market situation has a monetary value when trading emission allowances. Allocation of emission allowances has done in each country according to National Allocation Plan (NAP), accepted by EU. Finland itself and thus also the Finnish companies will be net buyers of emission allowances in long run. That means commonly that the Finnish companies have to buy more allowances meaning some extra costs to the companies. That's why it is very important to develop and provide to the companies an innovatory emissions planning, follow-up, management and reporting systems. With good emission balance management the extra costs of Emissions Trading will be as low as possible. In ECO2 project, Empower together with Power-Deriva, developed Expert services, Emissions Balance Management and Reporting services and Risk Management services for Emissions Trading and needed software and tools for these services. (orig.)

  7. Agricultural Trade Liberalization and the Least Developed Countries

    NARCIS (Netherlands)

    Koning, N.B.J.; Pinstrup-Andersen, P.

    2007-01-01

    Although the current round of international trade negotiations was called a `Development Round¿, very little was accomplished before the negotiations stalled in mid-2006. Developing countries as a group stand to gain very substantially from trade reform in agricultural commodities. It is less clear

  8. 77 FR 31393 - Labor Advisory Committee for Trade Negotiations and Trade Policy

    Science.gov (United States)

    2012-05-25

    ... DEPARTMENT OF LABOR Office of the Secretary Labor Advisory Committee for Trade Negotiations and Trade Policy ACTION: Notice of renewal. SUMMARY: Pursuant to the Federal Advisory Committee Act (FACA), as amended (5 U.S.C. App. 2), the Secretary of Labor and the United States Trade Representative have...

  9. Terms of trade and Russian economic development

    Directory of Open Access Journals (Sweden)

    Georgy Idrisov

    2016-09-01

    Full Text Available The paper discusses economic development trends in Russia in late 2014 and 2015 and reviews the basic mechanisms of how changes in the terms of trade affect the economic development of countries from a historical perspective and with a particular focus on those changes in the Russian economy that occurred in late 2014 and 2015. The authors demonstrate that structural reforms aimed at diversification of production and exports are necessary for sustainable economic development, for social stability and for reducing the impact of variability in the terms of trade on the Russian economy. During periods of instability in the government agenda's measures for the real and financial sectors, it is necessary not only to compensate economic agents losses caused by changes in the terms of trade but also to improve the economic structure and to develop and enhance the stability of the financial markets.

  10. Trade misinvoicing, external debt and sustainable development: A Nigerian example

    Directory of Open Access Journals (Sweden)

    Collins C. Ngwakwe

    2015-06-01

    Full Text Available This paper evaluated how trade misinvoicing orchestrates external debt in Nigeria and its obstructive tendencies on Nigeria’s sustainable economic development. The paper is pertinent, given that Nigeria is among the top ten developing countries in the world who are victims of substantial illicit trade misinvoicing outflows. The methodological approach is a mix of descriptive analysis (using tables and graphs and a t-test of difference in means between trade misinvoicing outflow from Nigeria, external debt and official development assistance (OD in Nigeria for the period 2003 – 2012. Findings indicate that as trade misinvoicing outflow increased during the period 2003 -2012, Nigeria’s external debt increased yearly. Results from the statistical t-test showed that the mean difference in trade misinvoicing outflow is significantly greater than the mean differences in external debt and official development assistance received into Nigeria. This finding attests to the huge internal financial resources that Nigeria lost during the period 2003 - 2012 through illicit trade misinvoicing outflow. The analysis further disclosed that trade misinvoicing outflow has hampered Nigeria’s stride to sustainable economic development given the record increases in unemployment, poverty, lack of access to sanitation facilities, low percentage of qualified health staff to child birth and a widening income inequality as measured by GINI index. The paper concludes that the drainage of Nigeria’s internal financial resources through illicit trade misinvoicing has denied Nigeria the needed finance to enhance the actualisation of sustainable economic development. Recommendations are proffered to assist in halting trade misinvoicing outflow from Nigeria.

  11. World Trade Organization Negotiations: The Doha Development Agenda

    National Research Council Canada - National Science Library

    Fergusson, Ian F

    2008-01-01

    The World Trade Organization's (WTO) Doha Development Round of multilateral trade negotiations resumed in 2007 after being suspended in July 2006 after key negotiating groups failed to break a deadlock on agricultural tariffs and subsidies...

  12. Trade as an indicator of social and economic development

    Directory of Open Access Journals (Sweden)

    N. A. Serebryakova

    2018-01-01

    Full Text Available In modern conditions of trade in the Russian Federation became the most important type of entrepreneurship. It is, in a number of objective and subjective reasons, is the most rapidly developing sector of the national economy, affecting the interests of all subjects of market relations: population, manufacturers of commercial products, government and trade. Currently in the internal trade of the Russian Federation there have been significant changes occurring under the influence of growing tensions on the international market, in the economy of our country and within the trading industry. But despite the deteriorating economic situation in the world and strained relations between the Russian Federation and its European and American partners, the latest statistics indicate the translational dynamics of retail trade turnover in the whole country, and in the Voronezh region. Retail trade turnover is among the most important indicators of economic and social development of the Voronezh region and the country as a whole. Its structure and volume characterize the level of consumption of goods population, the increase or decrease of welfare of the people. Through retail sales is a constant influence on the development of the volume and structure of production of consumer goods. This article assessed the relationship between the economic development of the Voronezh region as one of average of region of our country, its trade and standard of living of Voronezh.

  13. Fair Trade in Sustainable Development. The Potential for Fair Trade Market Growth in Poland

    Directory of Open Access Journals (Sweden)

    Grażyna Śmigielska

    2015-11-01

    Full Text Available The paper presents the concept of Fair Trade, which is considered an alternative to conventional trade, and becomes increasingly popular in the Western countries. In addition, some results of empirical research, conveyed in Poland and aimed at diagnosis and assessment of Fairtrade products market, are provided. Fair trade is analysed not only in the broad theoretical context which shows its contribution to sustainable development and relation to corporate social responsibility, but also in the framework of supply chains management. The benefits from the Fairtrade label, including transaction costs reduction are indicated. The assumption is that to achieve them, consumer acceptance of the idea and willingness to buy Fairtrade products are necessary. The empirical research was focused on answering the question whether a market niche for Fairtrade goods exists in Poland and how to develop it by the means of communication tools. The market niche, although very small, has been identified and described. It is apparent that, in order to develop it, a public policy, aimed at raising the awareness of Fair Trade idea, is necessary as well as marketing activities like social marketing Internet campaigns and better and more prominently products display.

  14. Boosting trade finance in developing countries: What link with the WTO?

    OpenAIRE

    Auboin, Marc

    2007-01-01

    The paper discusses the efforts deployed by various players, mainly multilateral financial institutions, regional development banks, export credit agencies, to mobilize greater flows of trade finance for developing countries, with a view to help them integrate in world trade. As an institution geared towards the balanced expansion of world trade, the WTO is in the business of making trade possible. Its various functions include reducing trade barriers, negotiating and implementing global trad...

  15. Trade Fairs, Markets and Fields

    DEFF Research Database (Denmark)

    Moeran, Brian

    2011-01-01

    This article describes how trade fairs act as a framing mechanism that enables participants to come together for the exchange of goods and services and to perceive themselves as acting in a social field. This way, trade fairs make markets possible. Based on ongoing participant observation at book....../material, social, situational, content/appreciative, and the use value of goods, values which are then equated with a commodity exchange value in the form of price. Trade fairs frame order, but they are also events where the respective field might be reconfigurated. The contingency of personal interaction...

  16. International trade in services developments in light of dynamic developments in competitive environment

    Directory of Open Access Journals (Sweden)

    Anna Olefir

    2008-06-01

    Full Text Available The paper analyses theoretical grounds for determining «services», key peculiarities of international trade in services and its discrepancies from trade in goods, and determines the modern trends of development of this form of international trade according to the main types of services.

  17. Developments in the emissions trading market 2009; Utvecklingen paa utslaeppsraettsmarknaden 2009

    Energy Technology Data Exchange (ETDEWEB)

    Bohnstedt, Sophie; Karlberg, Marie; Myrman, Johanna

    2010-07-01

    The Energy Agency has analyzed the development of emissions trading within the EU and globally in 2009. The analysis relates to larger events which mainly affected the prices and traded volumes during the year. The analysis includes the market for European emissions, markets for the project-based mechanisms, development of trade with the assigned emission units (AAUs), the unregulated market and developments in other trading in the world. The report is based on existing studies and monitoring of markets development during January to November 2009

  18. AGRI-FOOD TRADE - A PATH TO AGRICULTURAL DEVELOPMENT OF MOLDOVA

    Directory of Open Access Journals (Sweden)

    Liliana CIMPOIES

    2013-01-01

    Full Text Available In this study we try to assess the progress in the development of the agricultural sector of Moldova. As indicator of the successful/unsuccessful development of the agri-food sector may serve the foreign trade activity. Thus, in the given research is analyzed the changes in the agri-food trade structure during 2007-2011, the competitiveness of the agricultural sector and the pattern trade flows. For this aim was computed Gruber-Lloyd index for evaluating the intra-industrial trade in this period, and RTA index for inter industrial trade. As well, some policy measures necessary for further integration will be discussed.

  19. Impact of trade in emission reduction credits on solar projects

    International Nuclear Information System (INIS)

    Kulkarni, P.

    1993-01-01

    Since the amendment of the Clean Air Act in 1990, the possibility of trading in Emission Reduction Credits has been looked upon as a strategy for improving the economic feasibility of solar projects. This paper discusses developments towards such a market and reviews current and proposed emission trading practices. The paper analyzes how the current characteristics of the market help or hinder the trading of credits generated by solar projects, and suggests possible solutions. Emission credits from four different solar projects and their trading potentials are presented

  20. 75 FR 80038 - Notice of Meetings of the Agricultural Policy Advisory Committee for Trade and the Agricultural...

    Science.gov (United States)

    2010-12-21

    ...Notice is hereby given that the Agricultural Policy Advisory Committee for Trade (APAC) and the Agricultural Technical Advisory Committees for Trade (ATAC) will hold closed meetings on January 13, 2011. The advisory committees are administered by USDA and the Office of the United States Trade Representative (USTR). The meetings are closed to the public in accordance with the Trade Act of 1974, 19 U.S.C. 2155(f)(2), and the Government in the Sunshine Act, 5 U.S.C. 552b(c)(4) and (6). USTR has determined that public access to this meeting would seriously compromise the development by the U.S. Government of trade policy priorities, negotiating objectives, or bargaining positions with respect to the operation of trade agreements and other matters arising in connection with the development, implementation, and administration of the trade policy of the United States. Topics will include Doha Round negotiations in the World Trade Organization (WTO), WTO accession negotiations, and negotiations in bilateral and regional free trade agreements.

  1. Changing Context of Trade Mark Protection in India: A Review of the Trade Marks Act, 1999

    OpenAIRE

    Pathak, Akhileshwar

    2004-01-01

    With liberalisation and globalisation of the Indian economy, it has become possible for anyone to get into production and services in most of the sectors. This has led to rampant misuse and appropriation of trade marks. In an insulated economy, with monopoly markets, law protecting trade marks had a limited role. In the changed context, however, trade mark law will be a field of much interest for academics and practitioners. Towards this, the paper explores the formation of trade mark law in ...

  2. Regional Integration, Trade and Private Sector Development ...

    International Development Research Centre (IDRC) Digital Library (Canada)

    Regional Integration, Trade and Private Sector Development Program (Namibia) ... (NEPRU's other clients include regional and private sector institutions.) ... New Dutch-Canadian funding for the Climate and Development Knowledge Network.

  3. 75 FR 23223 - Meetings of the Agricultural Policy Advisory Committee for Trade and the Agricultural Technical...

    Science.gov (United States)

    2010-05-03

    ...Notice is hereby given that the Agricultural Policy Advisory Committee for Trade (APAC) and the Agricultural Technical Advisory Committees for Trade (ATACs) will hold closed meetings on May 6, 2010. The advisory committees are administered by the U.S. Department of Agriculture and the Office of the United States Trade Representative (USTR). The meetings are closed to the public in accordance with the Trade Act of 1974, 19 U.S.C. 2155(f)(2), and the Government in the Sunshine Act, 5 U.S.C. 552b(c)(4)(6). USTR has determined that public access to the meetings would seriously compromise the development by the U.S. government of trade policy priorities, negotiating objectives, or bargaining positions with respect to the operation of trade agreements and other matters arising in connection with the development, implementation, and administration of the trade policy of the United States. Topics will include Doha Round negotiations in the World Trade Organization (WTO), WTO accession negotiations, and negotiations in bilateral and regional free trade agreements.

  4. Understanding trade-offs between development and resources

    CSIR Research Space (South Africa)

    Ngwadla, Xolisa

    2017-01-01

    Full Text Available stream_source_info Ngwadla_CSIR2017.pdf.txt stream_content_type text/plain stream_size 4104 Content-Encoding UTF-8 stream_name Ngwadla_CSIR2017.pdf.txt Content-Type text/plain; charset=UTF-8 UNDERSTANDING TRADE... feedstock + production aspects • Are there limits to growth? WHY UNDERSTAND RESOURCE TRADE-OFFS WITH INDUSTRIAL DEVELOPMENT? UNEMPLOYMENT - 24% in 2011 - 27% in 2016 INEQUALITY - Gini Coefficient: - 0,69 in 2011 - 0,68 in 2015...

  5. International Trade as an Engine of Growth in Developing Countries ...

    African Journals Online (AJOL)

    This study examines international trade as an engine of growth in developing countries, a case study of Nigeria. A review of the literature reveals that countries that are more open to international trade tends to experience higher growth rate and per-capital income than countries who do not trade or closed economy.

  6. Advancing Sustainable Development in Global Trade and Multilateral Negotiations

    Directory of Open Access Journals (Sweden)

    Christophe Bellmann

    2011-05-01

    Full Text Available Published by Palgrave MacmillanWorld exports and imports are quickly recovering after the 2008-09 sharp decline in merchandise trade, as illustrated by global trade performances in the first and second quarters of 2010. In spite of this impressive recovery, domestic concerns in OECD countries about employment, competitiveness and China’s exchange rate policy have created a difficult political environment for further liberalisation under the Doha Round. Interestingly, developing countries, which were reluctant to engage in a new round of trade negotiations back in 2001, are now in the vanguard of those that wish for a swift conclusion of the talks, even if consensus on the ambitious ‘development package’ envisaged in Doha remains elusive. At the same time trade has been the subject of unprecedented attention and scrutiny in the climate change talks. In a world where multilateral cooperation is in crisis there is a dire need for the international community to generate new types of arrangements and innovative responses to the imperatives of development and the global transition to a low-carbon economy.

  7. Trade and Sustainable Development Goals (SDGs): How can trade in education services contribute to the SDGs?

    OpenAIRE

    Lim, Aik Hoe; Apaza, Pamela; Horj, Alin

    2017-01-01

    While trade can greatly contribute to providing more education opportunities in the development world, its potential has not been fully exploited so far. This paper examines how international trade can help increase supply of and investment in higher education, thereby enhancing access and quality in support of the Sustainable Development Goals (SDGs). First, the paper examines the changing dynamics in the higher education sector and how these have spurred reforms in education systems and nov...

  8. The Clean Air Act

    International Nuclear Information System (INIS)

    Coburn, L.L.

    1990-01-01

    The Clean Air Act amendments alter the complex laws affecting atmospheric pollution and at the same time have broad implications for energy. Specifically, the Clean Air Act amendments for the first time deal with the environmental problem of acid deposition in a way that minimizes energy and economic impacts. By relying upon a market-based system of emission trading, a least cost solution will be used to reduce sulfur dioxide (SO 2 ) emissions by almost 40 percent. The emission trading system is the centerpiece of the Clean Air Act (CAA) amendments effort to resolve energy and environmental interactions in a manner that will maximize environmental solutions while minimizing energy impacts. This paper will explore how the present CAA amendments deal with the emission trading system and the likely impact of the emission trading system and the CAA amendments upon the electric power industry

  9. Markets, trade and the role of institutions in African development

    Directory of Open Access Journals (Sweden)

    T Roe

    2004-11-01

    Full Text Available This paper focuses on the interdependence between international trade and institutional reform and suggests that the trade barriers erected by advanced countries on the agricultural exports of poor countries, in particular sub-Saharan agriculture serve as an impediment to economic growth and development.  Drawing upon recent literature, the suggestion is that trade barriers inhibit institutional reform that is a major factor affecting economic growth. An empirical analysis of trade reform and economic growth shows that sub-Saharan economies can reciprocate potential gains from increased trade, which are larger when an integration with world markets induces institutional reform.

  10. Developing Countries and the Multilateral Trading System after Doha

    OpenAIRE

    Srinivasan, T. N.

    2002-01-01

    The Fourth Session of the Ministerial Conference of the World Trade Organization (WTO), held in Doha, Qatar, in November 2001, launched a new round of multilateral trade negotiations (MTN) and a work programme (WP) for the WTO involving the negotiating agenda and steps for meeting the challenges facing the multilateral trading system. The paper evaluates the WP, in particular, whether it would redress the unfavourable balance between benefits and costs to developing countries DCs of the agree...

  11. New Trends of E-commerce Development Brought by Chinese International Trade

    Institute of Scientific and Technical Information of China (English)

    Wen Xu

    2015-01-01

    e-commerce as a new trade, in the form of the current globalization of information and economic globalization, is with its strong competitive advantage and vitality, which can quickly spread to all areas of international business, and it changes in the international economic landscape had a profound impact. E-commerce is based on the rapid development of computer technology and the wide application is on the use of the Internet and advanced communications technology. It changes the the past, traditional physical trading and cash transactions, in a virtualization market, merchandise presentation via the web. With the online payment, the use of advanced materials and distribution logistics systems are for tangible and intangible commodities trading of a new trade. This new types of transactions overturn the traditional transaction methods, so that the whole business process, whether it is in the application of domestic and foreign trade, and has achieved the goal of online shopping and trading. E-commerce international trade transaction cost savings improve the efficiency of transactions; it changes in the foreign trade transaction process, the development of third-party trading platform is increasing the competitiveness of enterprises and the creation of employment opportunities in all aspects of a country' s foreign trade and the overall economy have had a significant impact. E-commerce is to establish a new economic and trade order, the already mature in the world trading system and the order is being re-shuffling of the emerging e-commerce trade. China is the world' s top-ranked in the world' s total import and export trade power, is under the wave of e-commerce, the difficulties, we should seize opportunities, and meet challenges.

  12. The new electricity trading arrangements: prospects for market development

    International Nuclear Information System (INIS)

    Anon

    1999-09-01

    This Briefing Paper from OXERA argues that the OFGEM proposals will not solve the fundamental market problems and might even make things worse. They focus too narrowly on the technical design of one small part of the market (the Balancing Mechanism and associated imbalance settlement process), without considering the market context and dynamics. OXERA argues that the central emphasis of the White Paper was misplaced: reform of the electricity trading arrangements, the basis of the government's strategy, will not solve the upstream and downstream market problems. The Briefing Paper includes analysis of: the structure and operation of the proposed new electricity trading arrangements; risk in the electricity wholesale market, and the responses of market participants; the interaction between the new trading arrangements and other energy market developments - in particular, vertical integration between generators and suppliers; energy supply competition, and wider government policy; the prospects for market development under the new electricity trading arrangements. (author)

  13. Regional trade and the nutrition transition: opportunities to strengthen NCD prevention policy in the Southern African Development Community.

    Science.gov (United States)

    Thow, Anne Marie; Sanders, David; Drury, Eliza; Puoane, Thandi; Chowdhury, Syeda N; Tsolekile, Lungiswa; Negin, Joel

    2015-01-01

    Addressing diet-related non-communicable diseases (NCDs) will require a multisectoral policy approach that includes the food supply and trade, but implementing effective policies has proved challenging. The Southern African Development Community (SADC) has experienced significant trade and economic liberalization over the past decade; at the same time, the nutrition transition has progressed rapidly in the region. This analysis considers the relationship between regional trade liberalization and changes in the food environment associated with poor diets and NCDs, with the aim of identifying feasible and proactive policy responses to support healthy diets. Changes in trade and investment policy for the SADC were documented and compared with time-series graphs of import data for soft drinks and snack foods to assess changes in imports and source country in relation to trade and investment liberalization. Our analysis focuses on regional trade flows. Diets and the burden of disease in the SADC have changed since the 1990s in parallel with trade and investment liberalization. Imports of soft drinks increased by 76% into SADC countries between 1995 and 2010, and processed snack foods by 83%. South Africa acts as a regional trade and investment hub; it is the major source of imports and investment related to these products into other SADC countries. At the same time, imports of processed foods and soft drinks from outside the region - largely from Asia and the Middle East - are increasing at a dramatic rate with soft drink imports growing by almost 1,200% and processed snack foods by 750%. There is significant intra-regional trade in products associated with the nutrition transition; however, growing extra-regional trade means that countries face new pressures in implementing strong policies to prevent the increasing burden of diet-related NCDs. Implementation of a regional nutrition policy framework could complement the SADC's ongoing commitment to regional trade policy.

  14. 78 FR 26613 - Notice of Petitions by Firms for Determination of Eligibility To Apply for Trade Adjustment...

    Science.gov (United States)

    2013-05-07

    ... 70517. feeds for wholesale and retail outlets via bagged or bulk out feeds. Electronic Sensors, Inc 2063... Determination of Eligibility To Apply for Trade Adjustment Assistance AGENCY: Economic Development... 251 of the Trade Act 1974, as amended (19 U.S.C. 2341 et seq.), the Economic Development...

  15. 29 CFR 1903.9 - Trade secrets.

    Science.gov (United States)

    2010-07-01

    ... INSPECTIONS, CITATIONS AND PROPOSED PENALTIES § 1903.9 Trade secrets. (a) Section 15 of the Act provides: “All... concerns or relates to the trade secrets, processes, operations, style of work, or apparatus, or to the...

  16. 75 FR 55739 - Export Trade Certificate of Review

    Science.gov (United States)

    2010-09-14

    ..., Canada; Broad Reach Engineering Company, Golden, CO; Celestica Corporation, Toronto, Canada; Deloitte... INFORMATION: Title III of the Export Trading Company Act of 1982 (15 U.S.C. 4001-21) authorizes the Secretary... Trading Company Act of 1982 and 15 CFR 325.6(a) requires the Secretary to publish a notice in the Federal...

  17. The Social Cost of Trading: Measuring the Increased Damages from Sulfur Dioxide Trading in the United States

    Science.gov (United States)

    Henry, David D., III; Muller, Nicholas Z.; Mendelsohn, Robert O.

    2011-01-01

    The sulfur dioxide (SO[subscript 2]) cap and trade program established in the 1990 Clean Air Act Amendments is celebrated for reducing abatement costs ($0.7 to $2.1 billion per year) by allowing emissions allowances to be traded. Unfortunately, places with high marginal costs also tend to have high marginal damages. Ton-for-ton trading reduces…

  18. The Adaptation Law for emissions trading. Part 2. A level playing field for emissions trading?

    International Nuclear Information System (INIS)

    Simonetti, S.

    2010-01-01

    To supplement, clarify and simplify the regulations for emission trading, the Amendment Act emission trading II was submitted to the Dutch Lower Chamber end of 2009. This article discusses the pending bill and comments on a number of remarkable stipulations that may be important to the market parties. First a brief overview is provided of the basic principles of emission trading and the players in the CO2 market. [nl

  19. Sustainable development and trade liberalisation: the opportunities and threat roused by the WTO

    Directory of Open Access Journals (Sweden)

    Voituriez Tancrede

    2005-03-01

    Full Text Available The entanglement of trade and sustainable development agenda raises two different and obvious concerns we would like to dwell upon. The first one basically deals with the definition of sustainable development and the fear that the concept might become looser and looser the more it pervades trade and corporate arenas. The second concern pertains to the compatibility of internationdal trade laws embodied within the WTO, with international environment and labour agreements hosted by the UN. This paper provides some argument to the debate by focusing on the implications, on these two areas of concerns, of sustainable development pervading the WTO. Our two main arguments are as follows. Firstly, the social component of sustainable development is today the poor relation of sustainable development’s inscription among the WTO objectives. Secondly, effective restrictions on trade for either health or natural resource preservation are extremely rare. Article XX of the Gatt, allowing for such a restriction (“exception” is the appropriate word, cannot be referred to as long as WTO members omit to abide to non-discriminatory principles in their trade policies. Whatever the reasons one country requests to escape WTO rules, it has to do so while treating its trading partners on the same foot. These two results may reassure those developing countries that fear a “new” or “green” protectionism (which seems more fantasized than real in so far from rich countries. Does it all suggest that WTO principle-compatible trade and sustainable trade is the same animal? The case law would rather suggest that WTO and its sustainable development objective seems more an organisation aimed at preventing countries from using sustainable development as a fallacious argument for trade restriction than an organisation dedicated to promoting sustainable trade per se.

  20. 78 FR 16611 - Freedom of Information Act; Correction

    Science.gov (United States)

    2013-03-18

    ... FEDERAL TRADE COMMISSION 16 CFR Part 4 Freedom of Information Act; Correction AGENCY: Federal Trade Commission. ACTION: Final rule; correction. SUMMARY: The Federal Trade Commission published a... instruction in our final rule entitled ``Freedom of Information Act'' published February 28, 2013 (78 FR 13472...

  1. 75 FR 21597 - Business Development Trade Mission to Baghdad, Iraq

    Science.gov (United States)

    2010-04-26

    ... large projects relating to construction, highways, railways, telecommunications, and security and... DEPARTMENT OF COMMERCE International Trade Administration Business Development Trade Mission to... October 2010* and has been created to assist U.S. firms find business partners and sell equipment and...

  2. Macroeconomic context of the trade branch development and position in Czech Republic

    Directory of Open Access Journals (Sweden)

    Marek Záboj

    2006-01-01

    Full Text Available The paper deals with analysis of the macroeconomic associations of trade development and its position in Czech Republic as one of the national economy branch. The development of main macroeconomic indicators for period of 1998–2004 is completed and then it follows up with progress of the trade structures and trade chains. In that frame the given indicators (number of registered and active business units in trade, turnover and number of employees are monitoring according to Economic Subjects Register (provided by Czech Statistical Office and Classification of Economic Activities in the European Union. On the basis of research of consulting and research institutions the overview and turnover comparison for TOP 10 trade firms for period of 2000–2004 is carried out. Inseparable part of the paper is analysis of the Czech Republic foreign trade results. In this field the export, import and trade balance are discussing on the one hand in general and on the other hand in territorial and commodity structures.

  3. Corruption, development and governance indicators predict invasive species risk from trade.

    Science.gov (United States)

    Brenton-Rule, Evan C; Barbieri, Rafael F; Lester, Philip J

    2016-06-15

    Invasive species have an enormous global impact, with international trade being the leading pathway for their introduction. Current multinational trade deals under negotiation will dramatically change trading partnerships and pathways. These changes have considerable potential to influence biological invasions and global biodiversity. Using a database of 47 328 interceptions spanning 10 years, we demonstrate how development and governance socio-economic indicators of trading partners can predict exotic species interceptions. For import pathways associated with vegetable material, a significantly higher risk of exotic species interceptions was associated with countries that are poorly regulated, have more forest cover and have surprisingly low corruption. Corruption and indicators such as political stability or adherence to rule of law were important in vehicle or timber import pathways. These results will be of considerable value to policy makers, primarily by shifting quarantine procedures to focus on countries of high risk based on their socio-economic status. Further, using New Zealand as an example, we demonstrate how a ninefold reduction in incursions could be achieved if socio-economic indicators were used to select trade partners. International trade deals that ignore governance and development indicators may facilitate introductions and biodiversity loss. Development and governance within countries clearly have biodiversity implications beyond borders. © 2016 The Author(s).

  4. How insiders traded before rules

    NARCIS (Netherlands)

    Braggion, F.; Moore, L.

    2013-01-01

    UK company insiders, such as directors, were legally allowed to trade in the shares of their own companies up until the Companies Act of 1980. This article investigates the trading behaviour of directors over the period 1890 to 1909 in the UK. It finds relatively few instances of directors who

  5. Development in Children's Thinking about International Trade.

    Science.gov (United States)

    Schug, Mark C.; Lephardt, Noreen

    1992-01-01

    Presents study results of how children reason about international trade. Explains that open ended questions were posed to students in grades 1-11 asking why nations trade, the benefits of trade, and their understanding of barriers to trade. Concludes that teaching fundamentals of international trade can be introduced as early as grade six. (DK)

  6. Regional trade and the nutrition transition: opportunities to strengthen NCD prevention policy in the Southern African Development Community

    Directory of Open Access Journals (Sweden)

    Anne Marie Thow

    2015-07-01

    Full Text Available Background: Addressing diet-related non-communicable diseases (NCDs will require a multisectoral policy approach that includes the food supply and trade, but implementing effective policies has proved challenging. The Southern African Development Community (SADC has experienced significant trade and economic liberalization over the past decade; at the same time, the nutrition transition has progressed rapidly in the region. This analysis considers the relationship between regional trade liberalization and changes in the food environment associated with poor diets and NCDs, with the aim of identifying feasible and proactive policy responses to support healthy diets. Design: Changes in trade and investment policy for the SADC were documented and compared with time-series graphs of import data for soft drinks and snack foods to assess changes in imports and source country in relation to trade and investment liberalization. Our analysis focuses on regional trade flows. Results: Diets and the burden of disease in the SADC have changed since the 1990s in parallel with trade and investment liberalization. Imports of soft drinks increased by 76% into SADC countries between 1995 and 2010, and processed snack foods by 83%. South Africa acts as a regional trade and investment hub; it is the major source of imports and investment related to these products into other SADC countries. At the same time, imports of processed foods and soft drinks from outside the region – largely from Asia and the Middle East – are increasing at a dramatic rate with soft drink imports growing by almost 1,200% and processed snack foods by 750%. Conclusions: There is significant intra-regional trade in products associated with the nutrition transition; however, growing extra-regional trade means that countries face new pressures in implementing strong policies to prevent the increasing burden of diet-related NCDs. Implementation of a regional nutrition policy framework could

  7. Regional trade and the nutrition transition: opportunities to strengthen NCD prevention policy in the Southern African Development Community

    Science.gov (United States)

    Thow, Anne Marie; Sanders, David; Drury, Eliza; Puoane, Thandi; Chowdhury, Syeda N.; Tsolekile, Lungiswa; Negin, Joel

    2015-01-01

    Background Addressing diet-related non-communicable diseases (NCDs) will require a multisectoral policy approach that includes the food supply and trade, but implementing effective policies has proved challenging. The Southern African Development Community (SADC) has experienced significant trade and economic liberalization over the past decade; at the same time, the nutrition transition has progressed rapidly in the region. This analysis considers the relationship between regional trade liberalization and changes in the food environment associated with poor diets and NCDs, with the aim of identifying feasible and proactive policy responses to support healthy diets. Design Changes in trade and investment policy for the SADC were documented and compared with time-series graphs of import data for soft drinks and snack foods to assess changes in imports and source country in relation to trade and investment liberalization. Our analysis focuses on regional trade flows. Results Diets and the burden of disease in the SADC have changed since the 1990s in parallel with trade and investment liberalization. Imports of soft drinks increased by 76% into SADC countries between 1995 and 2010, and processed snack foods by 83%. South Africa acts as a regional trade and investment hub; it is the major source of imports and investment related to these products into other SADC countries. At the same time, imports of processed foods and soft drinks from outside the region – largely from Asia and the Middle East – are increasing at a dramatic rate with soft drink imports growing by almost 1,200% and processed snack foods by 750%. Conclusions There is significant intra-regional trade in products associated with the nutrition transition; however, growing extra-regional trade means that countries face new pressures in implementing strong policies to prevent the increasing burden of diet-related NCDs. Implementation of a regional nutrition policy framework could complement the SADC

  8. Disciplinary Literacy in Science: Developing Science Literacy through Trade Books

    Science.gov (United States)

    Fang, Zhihui

    2014-01-01

    Developing science literacy requires not only firsthand explorations of the material world but also secondhand investigations with text. A potentially powerful kind of text in science is trade books. This column describes four classroom ploys for using science trade books to enhance students' secondhand experiences.

  9. Dynamics of a developing economy with a remote region: Agglomeration, trade integration and trade patterns

    Science.gov (United States)

    Commendatore, Pasquale; Kubin, Ingrid; Sushko, Iryna

    2018-05-01

    We consider a three-region developing economy with poor transport infrastructures. Two models are related to different stages of development: in the first all regions are autarkic; in the second two of the regions begin to integrate with the third region still not accessible to trade. The properties of the two models are studied also considering the interplay between industry location and trade patterns. Dynamics of these models are described by two-dimensional piecewise smooth maps, characterized by multistability and complex bifurcation structure of the parameter space. We obtain analytical results related to stability of various fixed points and illustrate several bifurcation structures by means of two-dimensional bifurcation diagrams and basins of coexisting attractors.

  10. International trade law perspectives on paperless trade and inclusive digital trade

    OpenAIRE

    Mitchell, Andrew D.; Mishra, Neha

    2017-01-01

    Cross-border paperless trade is increasingly important to generate economic gains in a digitalised economy. Several developing and least developed countries will need to modernise their domestic laws and regulations to facilitate cross-border electronic transmissions, particularly to promote cloud computing and electronic payments. In recent trade agreements, trading partners have committed to deeper and more comprehensive provisions on electronic commerce, including adopting domestic laws on...

  11. Technological Developments and their Effects on World Trade: Any Implications for Governments?

    OpenAIRE

    Aykut Kibritcioglu

    2001-01-01

    This paper summarizes new developments in world trade, technological changes worldwide and their implications for recent theoretical studies in economics. After defining the economic globalization and schematizing its relations with international trade, economic growth and technological change, dramatic increases in world trade in goods, services and financial assets in last decades are statistically documented in Chapter 2. Theoretical studies of economists on international trade and economi...

  12. Carbon trading: Current schemes and future developments

    International Nuclear Information System (INIS)

    Perdan, Slobodan; Azapagic, Adisa

    2011-01-01

    This paper looks at the greenhouse gas (GHG) emissions trading schemes and examines the prospects of carbon trading. The first part of the paper gives an overview of several mandatory GHG trading schemes around the world. The second part focuses on the future trends in carbon trading. It argues that the emergence of new schemes, a gradual enlargement of the current ones, and willingness to link existing and planned schemes seem to point towards geographical, temporal and sectoral expansion of emissions trading. However, such expansion would need to overcome some considerable technical and non-technical obstacles. Linking of the current and emerging trading schemes requires not only considerable technical fixes and harmonisation of different trading systems, but also necessitates clear regulatory and policy signals, continuing political support and a more stable economic environment. Currently, the latter factors are missing. The global economic turmoil and its repercussions for the carbon market, a lack of the international deal on climate change defining the Post-Kyoto commitments, and unfavourable policy shifts in some countries, cast serious doubts on the expansion of emissions trading and indicate that carbon trading enters an uncertain period. - Highlights: → The paper provides an extensive overview of mandatory emissions trading schemes around the world. → Geographical, temporal and sectoral expansion of emissions trading are identified as future trends. → The expansion requires considerable technical fixes and harmonisation of different trading systems. → Clear policy signals, political support and a stable economic environment are needed for the expansion. → A lack of the post-Kyoto commitments and unfavourable policy shifts indicate an uncertain future for carbon trading.

  13. 75 FR 28780 - Trade Adjustment Assistance for Farmers

    Science.gov (United States)

    2010-05-24

    ... DEPARTMENT OF AGRICULTURE Foreign Agricultural Service Trade Adjustment Assistance for Farmers... Service (FAS) will begin accepting Trade Adjustment Assistance (TAA) for Farmers petitions for Fiscal Year... TAA for Farmers Program as established by Subtitle C of Title I of the Trade Act of 2002 (Pub. L. 107...

  14. Foreign Direct Investment and Trade Openness: The Case of Developing Economies

    Science.gov (United States)

    Liargovas, Panagiotis G.; Skandalis, Konstantinos S.

    2012-01-01

    This paper examines the importance of trade openness for attracting Foreign Direct Investment (FDI) inflows, using a sample of 36 developing economies for the period 1990-2008. It provides a direct test of causality between FDI inflows, trade openness and other key variables in developing regions of the world: Latin America, Asia, Africa, CIS…

  15. The Current Status and Prospects for Development of International Trade in Goods

    Directory of Open Access Journals (Sweden)

    Kovtun Tamara D.

    2018-03-01

    Full Text Available The article is aimed at analyzing the current status and determining prospects for international trade in goods. The dynamics of international trade in goods are characterized and the reasons for its slowdown are disclosed. A considerable attention is paid to the analysis of the commodity and geographical structure of the international trade in goods. On the basis of the conducted research the new tendencies and peculiarities of development of the international trade in goods in the contemporary conditions are disclosed. In particular, the authors consider the tendency of increasing the influence of non-tariff barriers on the dynamics of the international commodity exchange. Based on the calculation of the export quota as an indicator of the intensity of foreign trade in goods, conclusions have been drawn about the degree of openness of national economies in the current conditions. The authors have noted that in the coming years the growth of physical and value volumes of the world commodity exports is projected in the conditions of growth of the world prices for raw products. It has been determined that, most likely, further development of the international trade in goods will take place in conditions of deepening of trade integration at the mega-regional level. An increase in the number of participants in the international trade in goods is also expected in the context of further spread of e-commerce in the developing countries.

  16. International trade drives biodiversity threats in developing nations.

    Science.gov (United States)

    Lenzen, M; Moran, D; Kanemoto, K; Foran, B; Lobefaro, L; Geschke, A

    2012-06-06

    Human activities are causing Earth's sixth major extinction event-an accelerating decline of the world's stocks of biological diversity at rates 100 to 1,000 times pre-human levels. Historically, low-impact intrusion into species habitats arose from local demands for food, fuel and living space. However, in today's increasingly globalized economy, international trade chains accelerate habitat degradation far removed from the place of consumption. Although adverse effects of economic prosperity and economic inequality have been confirmed, the importance of international trade as a driver of threats to species is poorly understood. Here we show that a significant number of species are threatened as a result of international trade along complex routes, and that, in particular, consumers in developed countries cause threats to species through their demand of commodities that are ultimately produced in developing countries. We linked 25,000 Animalia species threat records from the International Union for Conservation of Nature Red List to more than 15,000 commodities produced in 187 countries and evaluated more than 5 billion supply chains in terms of their biodiversity impacts. Excluding invasive species, we found that 30% of global species threats are due to international trade. In many developed countries, the consumption of imported coffee, tea, sugar, textiles, fish and other manufactured items causes a biodiversity footprint that is larger abroad than at home. Our results emphasize the importance of examining biodiversity loss as a global systemic phenomenon, instead of looking at the degrading or polluting producers in isolation. We anticipate that our findings will facilitate better regulation, sustainable supply-chain certification and consumer product labelling.

  17. DEVELOPMENT STAGE OF RETAIL TRADE IN THE EUROPEAN UNION

    Directory of Open Access Journals (Sweden)

    Catana Adina

    2012-07-01

    Full Text Available According to Karel De Gucht, Trade Commissioner from the European Commission, trade is working for Europe's economic recovery by ensuring growth and jobs. The European renewed trade strategy will open markets and connect Europe to the main sources and regis of global growth. The aim is to ensure that European business gets a fair deal and that countries’ rights are respected so that all can enjoy the benefits of trade. Thanks to the ease of modern transport and communications, it is now easier to produce, buy and sell goods around the world which gives European companies of every size the potential to trade outside Europe. This paper’s objective is to analyse the development stage of the European Union’s retail, and its member countries. The study is based on the research taken in the project of PhD research with the theme: The impacts of Economic Integration on Romanian Retail. For my research I used data from Eurostat, National Statistical Institute, European Union official website In the past 10 years, the volume of retail trade in EU member states has increased, but the extent of the changes varies substantially from one country to another.

  18. Regional Integration, Trade and Private Sector Development ...

    International Development Research Centre (IDRC) Digital Library (Canada)

    Dr. Dirk Hansohm. Institution. Namibian Economic Policy Research Unit. Pays d' institution. Namibia. Site internet. http://www.nepru.org.na. Extrants. Rapports. Regional integration, trade and private sector development : final report. Contenus connexes. L'Initiative des conseils subventionnaires de la recherche scientifique ...

  19. Initial trade and design studies for the fusion engineering device

    International Nuclear Information System (INIS)

    Flanagan, C.A.; Steiner, D.; Smith, G.E.

    1981-06-01

    The Magnetic Fusion Energy Engineering Act of 1980 calls for the operation of a Fusion Engineering Device (FED) by 1990. It is the intent of the Act that the FED, in combination with other testing facilities, will establish the engineering feasibility of magnetic fusion energy. The Fusion Engineering Design Center (FEDC), under the guidance of a Technical Management Board (TMB), initiated a program of trade and design studies in October 1980 to support the selection of the FED concept. This document presents the results of these initial trade and design studies. Based on these results, a baseline configuration has been identified and the Design Center effort for the remainder of the fiscal year will be devoted to the development of a self-consistent FED design description

  20. 19 CFR 212.02 - When the Act applies.

    Science.gov (United States)

    2010-04-01

    ... 19 Customs Duties 3 2010-04-01 2010-04-01 false When the Act applies. 212.02 Section 212.02 Customs Duties UNITED STATES INTERNATIONAL TRADE COMMISSION INVESTIGATIONS OF UNFAIR PRACTICES IN IMPORT TRADE IMPLEMENTATION OF THE EQUAL ACCESS TO JUSTICE ACT General Provisions § 212.02 When the Act applies...

  1. Developing emission reduction credit trading in Texas

    International Nuclear Information System (INIS)

    Dodds, J.E.

    1993-01-01

    The Texas Air Control Board has begun to develop a system of emission reduction credit training. The system will be developed incrementally over time. The first step, banking of VOC and NO x Emission Reduction Credits, began March 15, 1993. Additional programs under study and development include NO x RACT trading, emission credits for motor vehicle scrappage and alternative fuel conversion, and establishment of community organizations to generate and acquire emission reduction credits for economic development purposes

  2. BP's emissions trading system

    International Nuclear Information System (INIS)

    Victor, David G.; House, Joshua C.

    2006-01-01

    Between 1998 and 2001, BP reduced its emissions of greenhouse gases by more than 10%. BP's success in cutting emissions is often equated with its use of an apparently market-based emissions trading program. However no independent study has ever examined the rules and operation of BP's system and the incentives acting on managers to reduce emissions. We use interviews with key managers and with traders in several critical business units to explore the bound of BP's success with emissions trading. No money actually changed hands when permits were traded, and the main effect of the program was to create awareness of money-saving emission controls rather than strong price incentives. We show that the trading system did not operate like a 'textbook' cap and trade scheme. Rather, the BP system operated much like a 'safety valve' trading system, where managers let the market function until the cost of doing so surpassed what the company was willing to tolerate

  3. 76 FR 33803 - Order of Suspension of Trading

    Science.gov (United States)

    2011-06-09

    ... SECURITIES AND EXCHANGE COMMISSION [File No. 500-1] Order of Suspension of Trading June 7, 2011... trading in the securities of the above-listed companies. Therefore, it is ordered, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in the securities of the above-listed...

  4. Trade Fairs, Markets and Fields

    DEFF Research Database (Denmark)

    Moeran, Brian

    2011-01-01

    This working paper takes as its starting point the work of the German economic sociologist, Jens Beckert, and his call for empirical investigations into how intentionally rational actors reach decisions under conditions when they do not know what is best to do. It describes how trade fairs act...... as a framing mechanism that enables participants to come together for the exchange of goods and services and to perceive themselves as acting in a social field. Fairs frame the contacts people make and sustain as networks; the institutional rules and social norms guiding their behaviour there; and the values...... and cognitive frames that they bring to bear and negotiate with other participants. They make actors aware of a ‘mutual correspondence’ in their interpretation of the goods in which they deal and of the social situations in which engage for the sake of such trade. Trade fairs both configure fields and make...

  5. Atomic Energy Act 1953-1966

    International Nuclear Information System (INIS)

    1970-01-01

    The Atomic Energy Act 1953-1966 establishes the Australian Atomic Energy Commission and lays down its powers, duties, rules of procedure and financing. The members of the Commission are appointed by the Governor-General. It is responsible, inter alia, for all activities covering uranium research, mining and trading as well as for atomic energy development and nuclear plant construction and operation. Its duties also include training of scientific research workers and collection and dissemination of information on atomic energy. For purposes of security, the Act further-more prescribes sanctions in relation to unauthorised acquisition or communication of information on this subject. Finally, the Act repeals the Atomic Energy (Control of Materials) Act 1946 and 1952. (NEA) [fr

  6. Development of coal international trade

    Energy Technology Data Exchange (ETDEWEB)

    1983-11-01

    Most of the coal produced today is still for domestic consumption but international trade will grow in the future. This development requires investments and time for the realization of terminals, means of transport and preparation. Problems of land and sea transport and their influence on cost are examined. Environmental problems are briefly evolved. Charges, ship size, capacity are given for 1983/84 and estimated for 1987/90 in tables for main exporting countries (Australia, Canada, South Africa, USA and South America) and for importing European countries.

  7. Sustaining the emerging carbon trading industry development: A business ecosystem approach of carbon traders

    International Nuclear Information System (INIS)

    Hu, Guangyu; Rong, Ke; Shi, Yongjiang; Yu, Jing

    2014-01-01

    This paper explores how carbon traders nurture the business ecosystem to sustain the emerging carbon trading industry development. We collected primary data from a multinational carbon trader and its ecosystem partners in China, through the construction of interviews and documentary. The research findings show the carbon trading industry has experienced four-stage evolution with different driving forces; the carbon trader attracted and organized ecosystem partners to facilitate the CDM project owners to create carbon credits and trade them; a systematic business ecosystems approach through the lens of Context, Cooperation and Configuration, initiated by carbon traders, has facilitated the industry development. Our findings also implicate to industrial practitioners and policymakers for sustaining the emerging industry development at both the current- and the post-Kyoto protocol periods. - Highlights: • The carbon trader is a catalyst to link CDM project owner and trading market in China • The evolution of carbon trading industry has four stages with various driving forces. • Nurturing business ecosystems facilitates the carbon trading industry development. • The ecosystem approach works via the lens of Context, Configuration and Cooperation. • The ecosystem approach implicates to carbon trading industry at the post-Kyoto era

  8. 7 CFR 33.1 - Act.

    Science.gov (United States)

    2010-01-01

    ... Department of Agriculture AGRICULTURAL MARKETING SERVICE (Standards, Inspections, Marketing Practices... AUTHORITY OF THE EXPORT APPLE ACT Definitions § 33.1 Act. Act and Export Apple Act are synonymous and mean “An act to promote the foreign trade of the United States in apples to protect the reputation of...

  9. Development of Competitive Gas Trading in Continental Europe

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2008-07-01

    In this publication the IEA examines the history of major gas markets' development in OECD Europe, and explores the possible expansion of trading through the mechanism of different hubs across the region. Lessons learned from North American markets on the benefits of regulatory convergence and investor-friendly legal framework are an important part of the analysis. Competitive trading based on transparent, non-discriminatory rules in a flexible and integrated European gas market will lead to more efficiency, timely investment, and greater market resilience, therefore ensuring more security for both customers and suppliers in the long term.

  10. 17 CFR 240.12d2-1 - Suspension of trading.

    Science.gov (United States)

    2010-04-01

    ... 17 Commodity and Securities Exchanges 3 2010-04-01 2010-04-01 false Suspension of trading. 240... Securities Exchange Act of 1934 Suspension of Trading, Withdrawal, and Striking from Listing and Registration § 240.12d2-1 Suspension of trading. (a) A national securities exchange may suspend from trading a...

  11. 29 CFR 452.41 - Working at the trade.

    Science.gov (United States)

    2010-07-01

    ... 29 Labor 2 2010-07-01 2010-07-01 false Working at the trade. 452.41 Section 452.41 Labor... DISCLOSURE ACT OF 1959 Candidacy for Office; Reasonable Qualifications § 452.41 Working at the trade. (a) It would ordinarily be reasonable for a union to require candidates to be employed at the trade or even to...

  12. Trade and value developments in the Danish second-home sector

    DEFF Research Database (Denmark)

    Hjalager, Anne-Mette; Staunstrup, Jan K.; Ibsen, Rikke

    2011-01-01

    The 220,000 second homes in Denmark are very important tourism and leisure resources. This study documents the development in property values and the trade in second homes during the period 1994-2008 and links property values to socio-economic characteristics, events in the lives of the owners...... resources, but also in the combined housing economy and investment of Danish families. Indirectly, the developments in the trade and value of second homes have implications for future tourism policies. The continuous availability of privately owned second homes on the rental market is of immense importance...

  13. The Impact of the African Growth and Opportunity Act (AGOA): An Empirical Analysis of Sub-Saharan African Agricultural Exports

    OpenAIRE

    Zenebe, Addisalem; Peterson, Wesley; Wamisho, Kassu

    2014-01-01

    The African Growth and Opportunities Act (AGOA) which was signed into law in 2000 as part of U.S. trade legislation has the objectives of increasing trade and investment between the U.S. and eligible Sub-Saharan African (SSA) countries, by reducing or eliminating tariffs applied to African exports of different products. This Act represents a promising approach to economic growth and development in SSA through international trade. This research paper examines the impact of AGOA on African agri...

  14. 7 CFR 35.1 - Act.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 2 2010-01-01 2010-01-01 false Act. 35.1 Section 35.1 Agriculture Regulations of the Department of Agriculture AGRICULTURAL MARKETING SERVICE (Standards, Inspections, Marketing Practices... Definitions § 35.1 Act. Act or Export Grape and Plum Act means “An Act to promote the foreign trade of the...

  15. Trade and Development: Proceedings of the Winter 1986 Meeting of the International Agricultural Trade Research Consortium (Texcoco, Mexico, December 1986).

    Science.gov (United States)

    Shane, Mathew D., Ed.

    Three levels of papers are contained in this proceedings. The first set contains full research papers presented during the theme day of the meeting. The following papers were given: "International Trade and Factor Movements in Development Theory, Policy, and Experience" (T. N. Srinivasan); "Government in the Process of Trade and…

  16. Pathways of human development and carbon emissions embodied in trade

    Science.gov (United States)

    Steinberger, Julia K.; Timmons Roberts, J.; Peters, Glen P.; Baiocchi, Giovanni

    2012-02-01

    It has long been assumed that human development depends on economic growth, that national economic expansion in turn requires greater energy use and, therefore, increased greenhouse-gas emissions. These interdependences are the topic of current research. Scarcely explored, however, is the impact of international trade: although some nations develop socio-economically and import high-embodied-carbon products, it is likely that carbon-exporting countries gain significantly fewer benefits. Here, we use new consumption-based measures of national carbon emissions to explore how the relationship between human development and carbon changes when we adjust national emission rates for trade. Without such adjustment of emissions, some nations seem to be getting far better development `bang' for the carbon `buck' than others, who are showing scant gains for disproportionate shares of global emissions. Adjusting for the transfer of emissions through trade explains many of these outliers, but shows that further socio-economic benefits are accruing to carbon-importing rather than carbon-exporting countries. We also find that high life expectancies are compatible with low carbon emissions but high incomes are not. Finally, we see that, despite strong international trends, there is no deterministic industrial development trajectory: there is great diversity in pathways, and national histories do not necessarily follow the global trends.

  17. 7 CFR 1160.101 - Act.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 9 2010-01-01 2009-01-01 true Act. 1160.101 Section 1160.101 Agriculture Regulations... Definitions § 1160.101 Act. Act means the Fluid Milk Promotion Act of 1990, Subtitle H of Title XIX of the Food, Agriculture, Conservation, and Trade Act of 1990, Public Law 101-624, 7 U.S.C. 6401-6417, and any...

  18. International trade in biofuels: Good for development? And good for environment?

    OpenAIRE

    Dufey, A.

    2007-01-01

    Metadata only record The piece calls for international trade barriers, especially subsidies, to be relaxed to enable developing countries to reap the benefits of the biofuels trade, and for certification schemes to take account of the real environmental and social conditions in such countries. Biofuels have been promoted as a means of creating jobs and wealth in developing nations, while cutting greenhouse gas emissions in the industrialised world, where demand for biofuels is set to skyro...

  19. Research on the Development of Green Finance in Shenzhen to Boost the Carbon Trading Market

    Science.gov (United States)

    Zhou, Jiping; Xiong, Siqin; Zhou, Yucheng; Zou, Zijian; Ma, Xiaoming

    2017-08-01

    This paper analyses the current development situations of Shenzhen carbon trading market and China’s green finance, and makes the policy recommendations for promoting the carbon trading market by developing green finance in Shenzhen. Shenzhen should take the lead in driving the localized application of green principle, and formulate Shenzhen green bond guidelines ASAP, to promote carbon trading associated enterprises to finance by using green bonds; it shall work to lower the threshold for financial institutions to participate in carbon trading market, and explore development of carbon derivatives.

  20. Southern African Development Community (SADC) trade legal ...

    African Journals Online (AJOL)

    Article XXIV of the General Agreement on Tariffs and Trade (GATT) lays down the legal principles with which regional trade agreements have to conform. Based on these principles, WTO members have the mandate to determine the legality of Regional Trade Agreements (RTAs) under the GATT. Article XXIV permits both ...

  1. 76 FR 24026 - Federal Acquisition Regulation; Information Collection; Trade Agreements Certificate

    Science.gov (United States)

    2011-04-29

    ...; Information Collection; Trade Agreements Certificate AGENCY: Department of Defense (DOD), General Services... approved information collection requirement concerning trade agreements certificate. Public comments are...-mail [email protected] . SUPPLEMENTARY INFORMATION: A. Purpose Under the Trade Agreements Act of...

  2. Exploring the Linkages: Trade Policies, Third World Development, and U.S. Agriculture.

    Science.gov (United States)

    Trade and Development Program, Washington, DC.

    This resource, a publication of the Trade and Development Program, was designed by a coalition of 10 farm and church groups to help U.S. citizens discover the connections between their lives, world food trade, and the needs of developing nations; it can be used for a single program, a multi-session workshop, or a study series. Targeted for high…

  3. 78 FR 2961 - Sunshine Act Meeting-Closed Meeting

    Science.gov (United States)

    2013-01-15

    ... COMMODITY FUTURES TRADING COMMISSION Sunshine Act Meeting--Closed Meeting The following notice of a closed meeting is published pursuant to the provisions of the Government in the Sunshine Act, Public Law 94- 409, 5 U.S.C. 552b. AGENCY HOLDING THE MEETING: Commodity Futures Trading Commission. TIME...

  4. 78 FR 6306 - Sunshine Act Meeting-Closed Meeting

    Science.gov (United States)

    2013-01-30

    ... COMMODITY FUTURES TRADING COMMISSION Sunshine Act Meeting--Closed Meeting The following notice of a closed meeting is published pursuant to the provisions of the Government in the Sunshine Act, Public Law 94- 409, 5 U.S.C. 552b. AGENCY HOLDING THE MEETING: Commodity Futures Trading Commission. TIME...

  5. International trade in biofuels: Good for development? And good for Environment?

    Energy Technology Data Exchange (ETDEWEB)

    Dufey, Annie

    2007-01-15

    Biofuels are heating up debates and energising activities on many policy fronts. On the surface, they offer significant opportunities to pursue environment and development goals both globally and domestically. There are both synergies and trade-offs between these goals and levels. Trade will drive biofuels growth, yet current trade regimes are not fit for maximising benefits nor minimising risks from the sector. The novelty of biofuels, the vast array of issues involved and the lack of knowledge to tackle many of them, together with diverging political and business interests, mean that consensus is elusive. It is therefore increasingly urgent to map a path for the global biofuels industry that supports sustainable development. Based on a new analysis of the sector, this briefing lays out some of the options for achieving this.

  6. 75 FR 49886 - Trade Adjustment Assistance for Farmers

    Science.gov (United States)

    2010-08-16

    ... DEPARTMENT OF AGRICULTURE Foreign Agricultural Service Trade Adjustment Assistance for Farmers... INFORMATION CONTACT: Trade Adjustment Assistance for Farmers Program Staff, FAS, USDA by phone: (202) 720-0638... for Farmers' Web site: http://www.fas.usda.gov/itp/taa . Dated: August 3, 2010. Suzanne Hale, Acting...

  7. International trade in services: A scoping study of services trade and estimates of benefits from services trade liberalisation

    OpenAIRE

    Ballingall, John; Stephenson, John

    2005-01-01

    This is a scoping study. It summarises the dynamics of services trade in the world economy and discusses some of the benefits of services trade liberalisation from a qualitative and quantitative view point. We place particular emphasis on the role and interests of developing and least developed countries in world services trade. The study also provides an overview of services trade in the New Zealand economy, and, in places, highlights aspects of services trade where New Zealand’s interests m...

  8. 77 FR 32929 - Expansion of Foreign-Trade Zone 163; Ponce, PR

    Science.gov (United States)

    2012-06-04

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Order No. 1830] Expansion of Foreign-Trade Zone 163; Ponce, PR Pursuant to its authority under the Foreign-Trade Zones Act of June 18, 1934, as amended (19 U.S.C. 81a-81u), the Foreign-Trade Zones Board (the Board) adopts the following Order: Whereas...

  9. 75 FR 68636 - 8000, Inc.; Order of Suspension of Trading

    Science.gov (United States)

    2010-11-08

    ... SECURITIES AND EXCHANGE COMMISSION [File No. 500-1] 8000, Inc.; Order of Suspension of Trading... and the protection of investors require a suspension of trading in the securities of 8000, Inc. Therefore, it is ordered, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in...

  10. “INTERNATIONAL TRADE – ENVIRONMENT” RELATIONSHIP IN THE CONTEXT OF SUSTAINABLE DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    Margareta Timbur

    2013-07-01

    Full Text Available The overall aim of this paper lies on presenting a short pragmatic image of the main aspects concerning the impact of international trade on the environment, on the one hand, and the impact of environmental policies and regulations on the international trade, on the other hand. Also, this article examines the multilateral environmental agreements (MEAs focused on the use of environmental trade measures. In the same context, we discuss about the most important international institution with the regulatory powers in international trade – environment relationship which is considered to be GATT/WTO.Although, the international trade-environment relationship is a very debated internationally, in Romania it is not sufficiently addressed either theoretical or practical. Taking into account the transition period and the consequences of the global economic crisis which still will affect Romania a period of time; our country promotes simultaneous strengthening and optimizing of trade and environmental policies in sustainable development framework.

  11. World Trade Organisation (WTO): Trade rules/agreements and ...

    African Journals Online (AJOL)

    The GATT (General Agreement on Trade and Tariffs) rules of 1947 were seen as prejudicial to the economic and development concerns of developing countries. With the coming into effect of World Trade Organization (WTO), it was expected that some of the concerns of the developing countries will be addressed.

  12. Issues Concerning the Development of a CORBA Trading Service

    National Research Council Canada - National Science Library

    Lui, Andrew

    1999-01-01

    .... The Trading Service is a more advanced variant of the Location Service. This work focuses on the design and development of a trader running on CORBA. In particular an implementation of a trader using Java is presented, in addition to discussions on development issues and future research directions on traders.

  13. New developments in LNG trade

    International Nuclear Information System (INIS)

    Frisch, Morten

    2000-01-01

    This paper presents an overview of international trade in liquefied natural gas. Factors and forces causing changes in the international LNG market are explored covering Japan and South East Asian markets, the rapidly growing Spanish and Italian markets, competition faced by LNG imports by pipeline gas in France and Belgium, the reopening of mothballed LNG receiving facilities in the US east coast, and markets with large LNG potential in India, China and South America. Developments in the price of LNG in Japan, Europe, and the US east coast are considered, and shipping issues, and future trends in LNG purchase arrangements and LNG pricing are discussed

  14. Revisiting the role of financial development for energy-growth-trade nexus in BRICS economies

    International Nuclear Information System (INIS)

    Ahmed, Khalid

    2017-01-01

    The paper explores the energy-growth nexus by incorporating the key financial indicators in case of newly industrializing, BRICS countries. Considering the heterogeneity across the panel, the combined panel cointegration results confirm the long-run association between all the underlying variables. The overall findings suggest that despite sustainable development measures-financial indicators, economic growth and trade openness spur energy intensity in BRICS countries. The results also validate the Kuznets curve hypothesis between energy consumption and financial development and, energy consumption and trade openness. It implies that financial development and capital accumulation contribute to energy efficiency after the threshold income level. The causality analysis corroborate the regression results. In the end some policy recommendations are made. - Highlights: • Combine cointegration approach to explore the energy-growth-trade-finance nexus. • All variables found to have long-run association evident from cointegration test. • The results confirm the existence of EKC hypothesis. • BRICS′ economic growth spurs demand for energy. • Financial development and trade provides sustainable development path.

  15. Issues and prospects in the development of commercial activity of trade enterprises

    Directory of Open Access Journals (Sweden)

    А.А. Кorniychuk

    2018-03-01

    Full Text Available The article is dedicated to the research of the current development state of commercial activity in Ukraine. The author determines that the most researches conducted about the commercial activity in Ukraine are connected with the theoretical substantiation of management process. In the process of the study it is established that the commercial activity is a component of economic activity of those enterprises which sell their own made products to the consumers who purchase goods for further sale and to the consumers who are specialized in retail trade. On the base of state statistical information, it is determined the dynamics of formation of goods turnover and the produced services by domestic economic entities; the indices of resource providing of wholesale and retail trading enterprises are counted. It is determined that the development of the commercial activity at Ukrainian enterprises is connected with the development of the country’s economy and directed to the needs and demands of the market, a separate buyer of goods and services. The analysis of the current studies in the sphere of commercial activity of trade enterprises made it possible to single out the peculiarities of trading activity of producers of goods, wholesale mediators and retail trade networks according to the following signs: the amounts of sales, the chain of activity, the term of forming incomes, the place of disposition, specialization. The paper determines the peculiarities of commercial activity according to the types of trading enterprises and this allows to form the problems and prospects of their development. The common issues for the development of enterprises’ commercial activity are the lack of sufficient amount of financial resources to provide the needs of the selling processes, the low business partners’ activity, competitors’ breach of the rules for the commercial activity. The common prospects for the development of enterprises’ commercial

  16. Essays on globalization. Policies in trade, development, resources and climate change

    Energy Technology Data Exchange (ETDEWEB)

    Kerkelae, L.

    2009-07-01

    This research study on globalization consists of an introduction on the methodology applied, a summary and four independent essays focussing on applied policy research in international trade. The study follows the CGE (Computable General Equilibrium) research tradition. The simulation environment is the publicly available GTAP model. The essays examine the specific topics of trade and aid policies, price liberalization of the Russian energy markets, trade preferences in the sugar sector of the EU and the role of carbon sinks in mitigating climate change. The first essay examines trade and aid policies in Mozambique. The essay analyses the impact of alternative options like trade agreements, aid and trade facilitation. The results suggest that Mozambique has very little to gain from trade agreements or the Doha Round, although some agreements with the EU do yield some benefit. Trade facilitation and aid-for-trade programs on the other hand have the potential for larger benefits. The second essay examines the impact of liberalising RussiaAEs energy sector. The analysis is based on the implicit subsidies in regulated prices of electricity and gas and focuses on the effect of the different taxes and subsidies with respect to welfare and GDP in Russia and abroad. Increases in the price of electricity and gas improve efficiency and shift output from domestic markets to exports. The third essay investigates the impact of liberalising the EUAEs sugar sector by taking into account the complex structure of the EU sugar market and preferences in imports for developing countries. The fourth essay focuses on the effects of including carbon sinks into the analysis of the impacts of the Kyoto agreement. (orig.)

  17. Department of Trade annual report 1983-84. [Australia

    Energy Technology Data Exchange (ETDEWEB)

    1984-01-01

    The Department of Trade was created on 11 March 1983. It is responsible for the administration of the Government's policies as they relate to international trade, the promotion of Australia's exports and the Australian Trade Commissioner Service. The Department's activities for the financial year 1983/84 are documented in this report. Areas documented are corporate strategy, execution of corporate strategy, management, information services, finance and staffing, Acts administered by the Minister, functions and membership of councils and committees, international trade meetings attended by departmental representatives, departmental publications, and national export award winners.

  18. 76 FR 70709 - Sunshine Act Meeting; Emergency Meeting Notice

    Science.gov (United States)

    2011-11-15

    ... COMMODITY FUTURES TRADING COMMISSION Sunshine Act Meeting; Emergency Meeting Notice This notice that an emergency meeting was held is published pursuant to the provisions of the Government in the Sunshine Act, Public Law 94-409, 5 U.S.C. 552b. AGENCY HOLDING THE MEETING: Commodity Futures Trading...

  19. Actors of Columbian drug trade : development and transformation

    Directory of Open Access Journals (Sweden)

    Soňa Smolíková

    2011-06-01

    Full Text Available The aim of this article is to portray the main shifts which have been taking place in Colombian drug scene since the 70’s up to the present especially in relation to actors of this business and form of their activity. At first the development of Colombian drug trade till the 80’s when two big cartels centered in Medellín and Cali arose will be briefly outlined. These cartels were able to control a great part of domestic drug trade and due to their enormous power represented serious threat to Colombian state. Thus the cartels declared open warfare with the state in the 80’s. After the cartels’ elimination in the middle of 90’s new actors represented by small drug organizations arose in Colombian drug scene. These small groups were dependent upon cooperation with foreign partners, especially with Mexican cartels. Ever more important role in drug business is played by Colombian left-wing guerilla groups which will be described in the next part of the article. The problem of right-wing paramilitary groups and their participation in Colombian drug trade will be mentioned as well.

  20. 17 CFR 240.11a-1 - Regulation of floor trading.

    Science.gov (United States)

    2010-04-01

    ... 17 Commodity and Securities Exchanges 3 2010-04-01 2010-04-01 false Regulation of floor trading... Securities Exchange Act of 1934 Adoption of Floor Trading Regulation (rule 11a-1) § 240.11a-1 Regulation of floor trading. (a) No member of a national securities exchange, while on the floor of such exchange...

  1. 76 FR 33700 - Agricultural Policy Advisory Committee for Trade; Renewal

    Science.gov (United States)

    2011-06-09

    ...Pursuant to the Federal Advisory Committee Act, notice is hereby given that the Secretary of Agriculture (Secretary), in coordination with the United States Trade Representative (USTR), has renewed the Agricultural Policy Advisory Committee for Trade (APAC).

  2. 78 FR 76700 - Procurement Thresholds for Implementation of the Trade Agreements Act of 1979

    Science.gov (United States)

    2013-12-18

    ... International Procurement Policy, Office of the United States Trade Representative, (202) 395-9646 or scott... the World Trade Organization (WTO) Agreement on Government Procurement, Chapter 15 of the United... OFFICE OF THE UNITED STATES TRADE REPRESENTATIVE Procurement Thresholds for Implementation of the...

  3. Trade Services System Adaptation for Sustainable Development

    Science.gov (United States)

    Khrichenkov, A.; Shaufler, V.; Bannikova, L.

    2017-11-01

    Under market conditions, the trade services system in post-Soviet Russia, being one of the most important city infrastructures, loses its systematic and hierarchic consistency hence provoking the degradation of communicating transport systems and urban planning framework. This article describes the results of the research carried out to identify objects and object parameters that influence functioning of a locally significant trade services system. Based on the revealed consumer behaviour patterns, we propose methods to determine the optimal parameters of objects inside a locally significant trade services system.

  4. Studies in market-based electric power trade and regulation

    International Nuclear Information System (INIS)

    Hope, Einar

    2000-01-01

    This is a compilation of articles written by the author during the last fifteen years. Most of the articles are related to the reform of the Norwegian electric power market. This reform led to the Energy Act of 1990 and to the subsequent development of the power markets. Some of the sections are in Norwegian, some in English. The sections discuss (1) Markets for electricity trade in Norway, (2) Economic incentives and public firm behaviour, (3) Market alternatives to the present forms of occasional power trade, (4) Socio-economic considerations about electricity pricing, (5) Scenarios for market based power trade in Norway, (6) Markets for electricity: economic reform of the Norwegian electricity industry, (7) The Norwegian power market, (8) A common Nordic energy market?, (9) Organization of supply markets for natural gas in Europe, (10) The extent of the central grid, (11) Optimum regulation of grid monopolies in the power trade, (12) Power markets and competition policy, (13) Deregulation of the Norwegian power sector, (14) designing a market based system for the Icelandic electricity industry and (15) regulation regimes for the power sector

  5. Trade and the Development of the Pacific Alliance

    Directory of Open Access Journals (Sweden)

    José Armando Hernández Bernal

    2015-11-01

    Full Text Available The Pacific Alliance is a process of deep integration among Colombia, Chile, Peru and Mexico, which aims to build a free trade area and to project into the Asia-Pacific region, in order to enhance existing trade agreements among the members. There is no deep trade relationships among these four countries, despite having regional agreements since the 1990s, as demonstrated by the low volume of reciprocal exports and imports, in addition to the low indicator of intra-industrial trade. In this paper, intra-regional trade index is calculated among the countries of the Pacific Alliance, evidencing low indicators, but with a growth, encouraged by reciprocal or unilateral policies of commercial opening, and by an environment favoring economic growth throughout the region.

  6. 76 FR 14570 - Federal Acquisition Regulation; Trade Agreements Thresholds

    Science.gov (United States)

    2011-03-16

    ... application of the World Trade Organization Government Procurement Agreement and the Free Trade Agreements, as... Parts 22, 25, and 52 Government procurement. Dated: March 4, 2011. Millisa Gary, Acting Director, Office... INFORMATION CONTACT: Ms. Cecelia L. Davis, Procurement Analyst, at (202) 219-0202, for clarification of...

  7. 75 FR 29975 - Expansion of Foreign-Trade Zone 272; Lehigh Valley, Pennsylvania

    Science.gov (United States)

    2010-05-28

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Order No. 1679] Expansion of Foreign-Trade Zone 272; Lehigh Valley, Pennsylvania Pursuant to its authority under the Foreign-Trade Zones Act of June... Bethlehem, Pennsylvania, adjacent to the Philadelphia Customs and Border Protection port of entry (FTZ...

  8. Mapping synergies and trade-offs between energy and the Sustainable Development Goals

    Science.gov (United States)

    Fuso Nerini, Francesco; Tomei, Julia; To, Long Seng; Bisaga, Iwona; Parikh, Priti; Black, Mairi; Borrion, Aiduan; Spataru, Catalina; Castán Broto, Vanesa; Anandarajah, Gabrial; Milligan, Ben; Mulugetta, Yacob

    2018-01-01

    The 2030 Agenda for Sustainable Development—including 17 interconnected Sustainable Development Goals (SDGs) and 169 targets—is a global plan of action for people, planet and prosperity. SDG7 calls for action to ensure access to affordable, reliable, sustainable and modern energy for all. Here we characterize synergies and trade-offs between efforts to achieve SDG7 and delivery of the 2030 Agenda as a whole. We identify 113 targets requiring actions to change energy systems, and published evidence of relationships between 143 targets (143 synergies, 65 trade-offs) and efforts to achieve SDG7. Synergies and trade-offs exist in three key domains, where decisions about SDG7 affect humanity's ability to: realize aspirations of greater welfare and well-being; build physical and social infrastructures for sustainable development; and achieve sustainable management of the natural environment. There is an urgent need to better organize, connect and extend this evidence, to help all actors work together to achieve sustainable development.

  9. Foreign trade legislation, war weapons control legislation

    International Nuclear Information System (INIS)

    Hucko, E.M.

    1993-01-01

    The volume contains, in addition to an introduction into the matter, the texts of the Foreign Trade Act (FTA), the War Weapons Control Act and all relevant ordinances. Foreign trade transactions of the Federal Republic of Germany are essentially, but not exclusively, governed by the FTA. They are strongly influenced by the legislation of the European Communities which in the form of directives are immediately effective here, and in the form of guidelines oblige the German lawgiver or ordinance giver to translate them into practice, mostly by appropriate modifications of the foreign trade ordinance, the import and export lists. It is not the war weapons which are the problem, but the so-called dual-use goods, namely articles, technologies and knowledge which, as a rule, serve civil purposes, which, however, may be used also to produce weapons, in particular ABC weapons or rockets. Nowadays we are concerned about several third-world states which are obsessed by the wish to build their own atomic bomb. (orig./HSCH) [de

  10. EU's CO2 trade a high risk project

    International Nuclear Information System (INIS)

    Wellander, Dag

    2003-01-01

    The uncertainty about the planned CO 2 trade of the European Union (EU) is very great. For the possible buyers in this politically created market the risks may be great and difficult to assess. The most effective way of forcing a reduction of emissions is trading emission licences. But this requires taking a stand on issues of very unpleasant nature. And the Kyoto protocol evades these questions, it is a thin document right from the beginning. Trade in emission licences is one of the three so-called flexible mechanisms of the Kyoto agreement. The second mechanism is joint implementation in which one industrialized country carries out emission reduction actions in another industrialized country. The third is the mechanism of clean development, in which one industrialized country takes remedial actions in a developing country. It is unclear how these mechanisms are to act in accordance with each other, both in the Kyoto Protocol and on the level of the EU. The biggest and most fundamental uncertainty, both on the EU and global levels, relates to the fact that the partners have not decided how to define the right of ownership of emissions of a certain size

  11. 78 FR 23280 - Agency Information Collection Activities: United States-Caribbean Basin Trade Partnership Act...

    Science.gov (United States)

    2013-04-18

    ..., Attn: Tracey Denning, Regulations and Rulings, Office of International Trade, 90 K Street NE., 10th... and Rulings, Office of International Trade, 90 K Street NE., 10th Floor, Washington, DC 20229-1177, at... trade benefits to countries in the Caribbean Basin. For preferential duty treatment under CBTPA...

  12. 77 FR 16112 - Eugene Science, Inc., Order of Suspension of Trading

    Science.gov (United States)

    2012-03-19

    ... Trading March 15, 2012. It appears to the Securities and Exchange Commission that there is a lack of... the public interest and the protection of investors require a suspension of trading in the securities... Exchange Act of 1934, that trading in the securities of the above-listed company is suspended for the...

  13. 77 FR 16113 - ASP Ventures Corp., Order of Suspension of Trading

    Science.gov (United States)

    2012-03-19

    ... Trading March 15, 2012. It appears to the Securities and Exchange Commission that there is a lack of... the public interest and the protection of investors require a suspension of trading in the securities... Exchange Act of 1934, that trading in the securities of the above-listed company is suspended for the...

  14. 78 FR 65744 - Newtech Resources Ltd., Order of Suspension of Trading

    Science.gov (United States)

    2013-11-01

    ... Trading October 21, 2013. It appears to the Securities and Exchange Commission that there is a lack of... the public interest and the protection of investors require a suspension of trading in the securities... Exchange Act of 1934, that trading in the securities of the above-listed company is suspended for the...

  15. 78 FR 45996 - Duoyuan Printing, Inc.; Order of Suspension: of Trading

    Science.gov (United States)

    2013-07-30

    ...: of Trading July 26, 2013. It appears to the Securities and Exchange Commission that there is a lack... require a suspension of trading in securities of Duoyuan Printing, Inc. Therefore, it is ordered, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in Duoyuan Printing, Inc. is...

  16. 77 FR 10004 - Nikron Technologies, Inc.; Order of Suspension of Trading

    Science.gov (United States)

    2012-02-21

    ... of Trading February 16, 2012. It appears to the Securities and Exchange Commission that there is a... trading in the securities of the above-listed company. Therefore, it is ordered, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in the securities of the above-listed company is...

  17. 76 FR 67528 - Curatech Industries, Inc., Order of Suspension of Trading

    Science.gov (United States)

    2011-11-01

    ... of Trading October 28, 2011. It appears to the Securities and Exchange Commission that there is a... protection of investors require a suspension of trading in the securities of the company listed above. Therefore, it is ordered, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in...

  18. 77 FR 58424 - Enwin Resources, Inc., Order of Suspension of Trading

    Science.gov (United States)

    2012-09-20

    ... Trading September 18, 2012. It appears to the Securities and Exchange Commission that there is a lack of... the public interest and the protection of investors require a suspension of trading in the securities... Exchange Act of 1934, that trading in the securities of the above-listed company is suspended for the...

  19. 17 CFR 240.12f-3 - Termination or suspension of unlisted trading privileges.

    Science.gov (United States)

    2010-04-01

    ... unlisted trading privileges. 240.12f-3 Section 240.12f-3 Commodity and Securities Exchanges SECURITIES AND... Regulations Under the Securities Exchange Act of 1934 Unlisted Trading § 240.12f-3 Termination or suspension of unlisted trading privileges. (a) The issuer of any security for which unlisted trading privileges...

  20. 76 FR 32246 - Uniontown Energy, Inc.; Order of Suspension of Trading

    Science.gov (United States)

    2011-06-03

    ... Trading June 1, 2011. It appears to the Securities and Exchange Commission that there is a lack of current... opinion that the public interest and the protection of investors require a suspension of trading in the... Exchange Act of 1934, that trading in the securities of the above-listed company is suspended for the...

  1. 77 FR 26796 - HydroGenetics, Inc.; Order of Suspension of Trading

    Science.gov (United States)

    2012-05-07

    ... Trading May 2, 2012. It appears to the Securities and Exchange Commission that there is a lack of current... require a suspension of trading in the securities of HydroGenetics. Therefore, it is ordered, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in the securities of HydroGenetics is...

  2. Coping with terms-of-trade shocks in developing countries

    OpenAIRE

    Christian Broda; Cedric Tille

    2003-01-01

    Sharp swings in a developing country's terms of trade, the price of its exports relative to the price of its imports, can seriously disrupt output growth. An analysis of the effects of a decline in export prices in seventy-five developing economies suggests that countries with a flexible exchange rate will experience a much milder contraction in output than their counterparts with fixed exchange rate regimes.

  3. 76 FR 19746 - Expansion of Foreign-Trade Zone 133; Quad-Cities, IL/IA

    Science.gov (United States)

    2011-04-08

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Order No. 1749] Expansion of Foreign-Trade Zone 133; Quad-Cities, IL/IA Pursuant to its authority under the Foreign-Trade Zones Act of June 18, 1934, as amended (19 U.S.C. 81a-81u), the Foreign-Trade Zones Board (the Board) adopts the following Order...

  4. 77 FR 34037 - Agency Information Collection Activities; Proposed Collection; Comment Request; Trade Secret...

    Science.gov (United States)

    2012-06-08

    ... Activities; Proposed Collection; Comment Request; Trade Secret Claims for Emergency Planning and Community... Planning and Community Right-to- Know Act (EPCRA). Title: Trade Secret Claims for Emergency Planning and...). Estimated total number of potential respondents: 481. Frequency of response: Trade secret claims are...

  5. Characterizing Coastal Ecosystem Service Trade-offs with Future Urban Development in a Tropical City.

    Science.gov (United States)

    Richards, Daniel R; Friess, Daniel A

    2017-11-01

    With rapid urbanization in the coastal zone and increasing habitat losses, it is imperative to understand how urban development affects coastal biodiversity and ecosystem service provision. Furthermore, it is important to understand how habitat fragments can best be incorporated into broader land use planning and coastal management, in order to maximize the environmental benefits they provide. In this study, we characterized the trade-offs between (a) urban development and individual mangrove environmental indicators (habitat quality and ecosystem services), and (b) between different environmental indicators in the tropical nation of Singapore. A range of biological, biophysical, and cultural indicators, including carbon, charcoal production, support for offshore fisheries, recreation, and habitat quality for a threatened species were quantified using field-based, remote sensing, and expert survey methods. The shape of the trade-off Pareto frontiers was analyzed to assess the sensitivity of environmental indicators for development. When traded off individually with urban development, four out of five environmental indicators were insensitive to development, meaning that relatively minor degradation of the indicator occurred while development was below a certain threshold, although indicator loss accelerated once this threshold was reached. Most of the pairwise relationships between the five environmental indicators were synergistic; only carbon storage and charcoal production, and charcoal production and recreational accessibility showed trade-offs. Trade-off analysis and land use optimization using Pareto frontiers could be a useful decision-support tool for understanding how changes in land use and coastal management will impact the ability of ecosystems to provide environmental benefits.

  6. Characterizing Coastal Ecosystem Service Trade-offs with Future Urban Development in a Tropical City

    Science.gov (United States)

    Richards, Daniel R.; Friess, Daniel A.

    2017-11-01

    With rapid urbanization in the coastal zone and increasing habitat losses, it is imperative to understand how urban development affects coastal biodiversity and ecosystem service provision. Furthermore, it is important to understand how habitat fragments can best be incorporated into broader land use planning and coastal management, in order to maximize the environmental benefits they provide. In this study, we characterized the trade-offs between (a) urban development and individual mangrove environmental indicators (habitat quality and ecosystem services), and (b) between different environmental indicators in the tropical nation of Singapore. A range of biological, biophysical, and cultural indicators, including carbon, charcoal production, support for offshore fisheries, recreation, and habitat quality for a threatened species were quantified using field-based, remote sensing, and expert survey methods. The shape of the trade-off Pareto frontiers was analyzed to assess the sensitivity of environmental indicators for development. When traded off individually with urban development, four out of five environmental indicators were insensitive to development, meaning that relatively minor degradation of the indicator occurred while development was below a certain threshold, although indicator loss accelerated once this threshold was reached. Most of the pairwise relationships between the five environmental indicators were synergistic; only carbon storage and charcoal production, and charcoal production and recreational accessibility showed trade-offs. Trade-off analysis and land use optimization using Pareto frontiers could be a useful decision-support tool for understanding how changes in land use and coastal management will impact the ability of ecosystems to provide environmental benefits.

  7. International Trade as an Engine of Growth in Developing Countries ...

    African Journals Online (AJOL)

    First Lady

    2013-06-30

    Jun 30, 2013 ... international trade on economic development in Nigeria. In the .... devaluation of currency in order to make the exports of the devaluation country's ..... External Shocks and Inconsistent Domestic Policies, IMF Staff. Papers, Vol.

  8. The effects of competing trade regimes on bilateral trade flows: case of Serbia

    Directory of Open Access Journals (Sweden)

    Predrag Bjelić

    2012-12-01

    Full Text Available The aim of this paper is to investigate the effects of competing trade regimes on Serbian trade with its most significant (traditional partners, like European Union and CEFTA 2006 signatories, and other untraditional trade partners with favourable trade regime, like the USA. To this end, gravity model with bilateral and time effects is estimated by Hausman-Taylor AR(1 instrumental variable estimator, using panel data on bilateral trade between Serbia and its main trade partners during the period 2001-2010. The results indicate that overall level of development and difference in factor endowments stimulate Serbia’s exports, which is in accordance with theoretical foundation that inter-industry trade is predominant in exports of less developed countries. Moreover, competing trade regimes appear as important determinant of Serbia’s trade relations, whereas additional liberalization of trade regime with the USA as untraditional trade partner, even asymmetrical to Serbia’s favour, cannot divert trade flows from traditional partners in the long-run. This could mean that distance plays more prominent role in bilateral trade than the degree of liberalization of trade regimes in case of Serbia. The result could be due to the contemporaneous effects of trade preferences granted to Serbia by the EU and other CEFTA 2006 signatories, main trading partners of Serbia.

  9. The impact of retailers own brand Fair Trade products on developing countries producers

    DEFF Research Database (Denmark)

    Aguiar, L. K.; Vieira, L. M.; Ferreira, G. C.

    Fair Trade certification allows small producers to access international markets and to add value to their products. The Fair-Trade Labelling Organisation certification body (FLOCERT) is responsible for organising and transferring technical information from the consumer market to producers...... in developing countries. Fair trade certification reduces the complexity of transactions and enables producers to adhere to the certification system. FLOCERT exercises governance power in production sites to meet demand by the enforcement of the standards not dissimilar to what happens in global value chains....... Large food retailers have changed practices in the agro-food sector and opened markets to small producers from developing countries. Nevertheless, results reveal that certification imparts in high entry barriers in the form of the need for formal producers' associations, minimum export capacity...

  10. Developing a normative critique of international trade law: special & differential treatment

    OpenAIRE

    Garcia, Frank J.

    2007-01-01

    Although the problem of trade and inequality is central to the resolution of the WTO Doha Round and to contemporary trade policy in general, it is currently undertheorized from a normative perspective. In this paper I develop a normative critique of WTO special and differential treatment law, as a case study of how normative political theory can be applied to international economic law. Using Rawls' theory of Justice as Fairness, I argue both that special and differential treatment can play a...

  11. Reforming Agricultural Trade for Developing Countries : Volume 1. Key Issues for a Pro-Development Outcome of the Doha Round

    OpenAIRE

    McCalla, Alex F.; Nash, John

    2007-01-01

    Reforming agricultural trade for developing countries is a two-volume set. The first volume is subtitled Key issues for a pro- development outcome of the Doha Round, and it is focused on specific concerns that are being encountered in the agricultural negotiations, and on strategies for dealing with them to arrive at a final agreement that will significantly spur growth and reduce poverty in developing countries. The companion volume is subtitled Quantifying the impact of multilateral trade r...

  12. Opportunities and Prospects of Trade Development between Romania and the Russian Federation in the European Context

    Directory of Open Access Journals (Sweden)

    Virginia Câmpeanu

    2010-10-01

    Full Text Available The present paper has as main objective the analysis of the opportunities and development perspectives of the trade relationship between Romania and the Russian Federation, linked to the latest evolutions of the European and global economic context. Keeping in mind this objective, our paper is structured around three main sections, as follows. The first part, “Economic Context of Romania-Russian Federation Trade Development” is centered upon the global crisis and its effects on the EU, Romania and Russia as well as the EU-Russia increasing bilateral merchandise trade flows. We examine how the global economic crisis interrupted increasing merchandise trade between EU-27 and the Russian Federation and present the main exporter countries from the EU-27 to Russia and the major EU importers from Russia and analyze in a comparative manner the very concentrated trade pattern between EU-27 and Russia. In the next section, “Romania-Russia Trade Development”, we underline that the Russian Federation is the second extra-EU trading partner of our country. We explore Romania’s trade relationship with Russia during pre and post accession to the European Union and also the actual trends of the bilateral trade, which pattern is extremely concentrated. In the last section, “Opportunities and Prospects for the Trade Development between Romania and Russian Federation”, we conclude, on the basis of the comparative and prospective analysis, that: Romania could be well positioned on Russian markets; there are many similarities in competitiveness characteristics of our countries; Romania and Russia have some problematic factors in doing business; strong points of the Romanian manufacturing industry could lead to the diversification of trade pattern and, finally, Romania has the possibility to develop a strong economic partnership with the Russian Federation under the framework of the EU-Russia relationship.

  13. To Trade or Not to Trade: Firm-Level Analysis of Emissions Trading in Santiago, Chile

    International Nuclear Information System (INIS)

    Coria, Jessica; Loefgren, Aasa; Sterner, Thomas

    2009-01-01

    Whether tradable permits are appropriate for use in transition and developing economies - given special social and cultural circumstances, such as the lack of institutions and lack of expertise with market-based policies - is much debated. We conducted interviews and surveyed a sample of firms subject to emissions trading programs in Santiago, Chile, one of the first cities outside the OECD that has implemented such trading. The information gathered allow us to study what factors affect the performance of the trading programs in practice and the challenges and advantages of applying tradable permits in less developed countries

  14. Development Risk Methodology for Whole Systems Trade Analysis

    Science.gov (United States)

    2016-08-01

    WSTAT). In the early stages of the V&V for development risk, it was discovered that the original risk rating and methodology did not actually...4932 Standard Form 298 (Rev. 8-98) Prescribed by ANSI Std. Z39.18 ii THIS PAGE INTENTIONALLY LEFT ...WSTA has opened trade space exploration by allowing the tool to evaluate trillions of potential system configurations to then return a handful of

  15. 77 FR 4853 - Onyx Service & Solutions, Inc.; Order of Suspension of Trading

    Science.gov (United States)

    2012-01-31

    ... Suspension of Trading January 27, 2012. It appears to the Securities and Exchange Commission that there is a... the public interest and the protection of investors require a suspension of trading in the securities... Exchange Act of 1934, that trading in the securities of the above-listed company is suspended for the...

  16. 76 FR 12144 - Advanced Optics Electronics, Inc.; Order of Suspension of Trading

    Science.gov (United States)

    2011-03-04

    ... Suspension of Trading March 2, 2011. It appears to the Securities and Exchange Commission that there is a... the opinion that the public interest and the protection of investors require a suspension of trading... Securities Exchange Act of 1934, that trading in the securities of the above-listed company is suspended for...

  17. 77 FR 58203 - Freedom Environmental Services, Inc.; Order of Suspension of Trading

    Science.gov (United States)

    2012-09-19

    ... Suspension of Trading September 17, 2012. It appears to the Securities and Exchange Commission that there is... require a suspension of trading in the securities of the above-listed company. Therefore, it is ordered, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in the securities of the...

  18. 77 FR 10004 - C$ cMoney, Inc.; Order of Suspension of Trading

    Science.gov (United States)

    2012-02-21

    ... Trading February 16, 2012. It appears to the Securities and Exchange Commission that there is a lack of... protection of investors require a suspension of trading in the securities of the above-listed company. Therefore, it is ordered, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in...

  19. 75 FR 36128 - Green Energy Resources, Inc.; Order of Suspension of Trading

    Science.gov (United States)

    2010-06-24

    ... Suspension of Trading June 22, 2010. It appears to the Securities and Exchange Commission that there is a... a suspension of trading in the securities of Green Energy. Therefore, it is ordered, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in the securities of the above-listed...

  20. 78 FR 33142 - Lanbo Financial Group, Inc.; Order of Suspension of Trading

    Science.gov (United States)

    2013-06-03

    ... Suspension of Trading May 30, 2013. It appears to the Securities and Exchange Commission that there is a lack... the opinion that the public interest and the protection of investors require a suspension of trading... the Securities Exchange Act of 1934, that trading in the securities of the above-listed company is...

  1. 78 FR 65744 - High End Ventures, Inc., Order of Suspension of Trading

    Science.gov (United States)

    2013-11-01

    ... of Trading October 21, 2013. It appears to the Securities and Exchange Commission that there is a... opinion that the public interest and the protection of investors require a suspension of trading in the... Exchange Act of 1934, that trading in the securities of the above-listed company is suspended for the...

  2. 78 FR 70539 - Sunshine Act Meeting

    Science.gov (United States)

    2013-11-26

    ... COMMODITY FUTURES TRADING COMMISSION Sunshine Act Meeting AGENCY HOLDING THE MEETING: Commodity Futures Trading Commission. TIME AND DATE: 10:00 a.m., Friday, December 13, 2013. PLACE: 1155 21st St. NW... meetings change, an announcement of the change, along with the new time, date and location of the meeting...

  3. EnviroTRADE: An International Environmental Restoration and Waste Management Information System

    International Nuclear Information System (INIS)

    Johnson, S.W.; Harlan, C.P.; Harrington, M.W.; Bergeron, K.D.; Rehorn, A.S.

    1993-01-01

    The US Department of Energy (DOE) has collected, and will continue to collect, large amounts of information on its environmental waste sites and associated technology development efforts. This information is being gathered in a variety of formats for various purposes. Integration and delivery of this information WW benefit decision makers, waste site managers, technology developers, regulators, and the private sector. No computer system currently exists that acts as an easy-to-use computer umbrella over all of the DOE's environmental information. The EnviroTRADE Information System, currently under development for the DOE's Environmental Restoration and Waste Management's (EM's) Office of Technology Development, provides access to a wide variety of information within a single architecture. Ongoing system development is expected to result in an extensive, networked interface to EM's diverse data benefiting a variety of users. This paper discusses the present status of the EnviroTRADE Information System as well as current and future development activities

  4. Energy trading

    International Nuclear Information System (INIS)

    Glachant, J.M.; Kimman, R.; Schweickardt, H.E.

    2001-05-01

    This document brings together 18 testimonies of experts about energy trading: 1 - the energy trading experience on European deregulated markets: structure of deregulated energy markets in Europe, case study: a two years experience of a power exchange in western Europe, case study: European energy exchanges (experience of spot and future trading), case study: risk management on energy deregulated markets; 2 - the trading activity environment and realities in France: the French electrical law and the purchase for resale, experience feedback: status after 3 months of trading in France (the first experience of a French producer), the access to the power transportation network, which legal constraints for trading in France, the access of eligible clients to the French power market, conditions of implementation of a power exchange market in France, which real trading possibilities in France for producers and self-producers in the legal frame, case study: the role of trading in the company (main part or link to process), convergence of gas and electricity markets, gas-electricity trading: which pricing models; 3 - risk management and use of new technologies potentiality, the results outside the French borders: case study: what differences between the European and US markets, prices volatility and commodity risk management: towards the on-line trading, role and developments of E-business in energy trading, how to simplify trade in a liberalized market. (J.S.)

  5. The trade in human organs in Tamil Nadu: the anatomy of regulatory failure.

    Science.gov (United States)

    Muraleedharan, Vangal R; Jan, Stephen; Ram Prasad, S

    2006-01-01

    There has been much recent interest in the trade in human organs in India. This paper examines both the extent to which regulatory controls through the Transplantation of Human Organs Act (1994) are effective in curbing commercialization and the nature of the constraints on the effective implementation of this Act. The study, a politico-economic analysis of health sector regulation, is based on a stakeholder analysis drawing on the views of key decision makers, service providers, organ donors and recipients. The findings indicate widespread acknowledgement of an organs trade and highlight four major constraints on the effective implementation of the Act: the commercial interests of middlemen and service providers, the ambiguities and loopholes in the Act; the low monitoring capacity of the regulatory authorities, and the pressures and responsibilities exerted upon the Authorizing Committees. A feature of the Act is that its implementation is subject to a major incentive compatibility constraint - it is seemingly not in the interests of any of the key players, including the regulatory authorities, to restrict the organ trade. To some extent, this institutional problem is created by the specific nature of the regulatory intervention, and, as a consequence, measures involving straightforward redrafting of the regulation might go some way to addressing this incentive problem. Another solution may entail a 'harm-reduction' strategy involving a controlled trade where procurement and organ matching is carried out by a government agency (this would require, however, the prior resolution of the broader ethical question concerning the legitimacy of such trade).

  6. The Algerian Foreign Trade between the Multilateral Trading System and the Regionalism

    Directory of Open Access Journals (Sweden)

    Khayreddine Belaaze

    2014-04-01

    Full Text Available This contribution aims at highlighting a major challenge facing global trade and trade in developing countries. Indeed, regional and preferential trade agreements are now more than ever inconsistent and incoherent and one of the principles of the World Trade Organization, the clause of the most favored nation requiring eliminated all forms of discrimination between trading parties, but what we see in regional trade agreements that the preferential tariffs based on a principle of discrimination. All regional trade agreements granting preferential tariffs between member countries, these preferences do not include the remains of non-member countries (rest of world. On the other hand, preferential tariffs are lower than MFN rates. Meanwhile, the number of regional agreements has doubled since 1995 date creation of the WTO, and Algeria like other developing countries considered one of countries which have not benefit a lot from this situation.

  7. Steps towards the development of a certification system for sustainable bio-energy trade

    International Nuclear Information System (INIS)

    Lewandowski, I.; Faaij, A.P.C.

    2006-01-01

    It is expected that international biomass trade will significantly increase in the coming years because of the possibly lower costs of imported biomass, the better supply security through diversification and the support by energy and climate policies of various countries. Concerns about potential negative effects of large-scale biomass production and export, like deforestation or the competition between food and biomass production, have led to the demand for sustainability criteria and certification systems that can control biomass trade. Because neither such criteria and indicator sets nor certification systems for sustainable biomass trade are yet available, the objective of this study is to generate information that can help to develop them. For these purposes, existing certification systems, sets of sustainability criteria or guidelines on environmental or social sound management of resources are analyzed with the purpose to learn about the requirements, contents and organizational set ups of a certification system for sustainable biomass trade. First, an inventory of existing systems was made; second, their structures were analyzed. Key finding from the analysis of internationally applied certification systems was that they are generally led by an international panel that represents all countries and stakeholders involved in the biomass production and trade activities. In third and fourth steps different approaches to formulate standards were described and a list of more than 100 social, economic, ecological and general criteria for sustainable biomass trade was extracted from the reviewed systems. Fifth, methods to formulate indicators, that make sustainability criteria measurable, and verifiers that are used to control the performance of indicators are described. It is recommended to further develop the criteria and indicator (C and I) sets for sustainable biomass trade by involvement of the relevant stakeholders (e.g. biomass producer and consumer) and the

  8. INTERNATIONAL COMMERCIAL TRADE WITH POTATOES (2009 - 2011

    Directory of Open Access Journals (Sweden)

    Dragoş Mihai MEDELETE

    2014-10-01

    Full Text Available The paper refers to the situation related to the potato world trade, 2009-2011. Defining aspects of this issue begin by presenting the sequence of continental entities defined by the FAO (Africa, Americas, Asia, Europe and Oceania, and then presents the study of global imports and exports, and positioning Romania in performing acts of international exchange - in the context of those mentioned above. During the material, given the composition of the trade balance of international trade presents strict export and import situation - in terms of value, subject to quantitative aspects of other scientific approaches. This (look value is more relevant to what is happening on the international market.

  9. Trade Policies, Exchange Rate and Developing Country’s Real Sector Export Performance

    OpenAIRE

    Edeme, Richardson Kojo; Nkalu, Nelson C.; Emecheta, Chisom; Ugwu, Sam

    2017-01-01

    For developing countries like Nigeria, empirical evidence have shown they are faced with policy management challenge because they are mostly involved in the production and export of primary products which is often characterized by unfavourable terms of trade. The essence of this study therefore is to ascertain if trade and exchange rate policies complement each other in stimulating non-oil exports, especially the agricultural and manufacturing sectors, using both aggregated and disaggregated ...

  10. Insider Trading: Isu Etika, Peraturan dan Sudut Pandang Trader

    Directory of Open Access Journals (Sweden)

    Arief Zuliyanto Susilo

    2016-03-01

    Full Text Available Basically all humans are ethical. When a person experiences an inner conflict in the act is less precise, it is a sign that the person has ethics. Basically also that every person, especially the economic actors are individuals who have opportunistic nature. Options for increasing the personal wealth without thinking of the other party, as long as does not violate or potentially against the law, will be performed. Act of buying and selling by the parties in a debate that still has not led. The researchers have delivered a variety of rationale. Insider trading like a double-edged sword, on the one hand can be stretched buying and selling stocks, on the other hand have an impact on the loss for the other party. Various attempts have been made to remove the various agencies insider trading activities, but insider trading is an activity that is sometimes very difficult to detect and impossible someone dibatas right to sell his possessions. By using literature review and interviews with traders, it was concluded that insider trading will occur if the beneficial regardless of ethical problems. There needs analysis and proper consideration in determining the classification cutoff ethical or not insider trading or selling the permissible limits.

  11. 48 CFR 252.225-7036 - Buy American Act-Free Trade Agreements-Balance of Payments Program.

    Science.gov (United States)

    2010-10-01

    ... Trade Agreements-Balance of Payments Program. 252.225-7036 Section 252.225-7036 Federal Acquisition... Trade Agreements—Balance of Payments Program. As prescribed in 225.1101(11)(i), use the following clause: Buy American Act—Free Trade Agreements—Balance of Payments Program (JUL 2009) (a) Definitions. As used...

  12. A Comparative Analysis of Trade Facilitation in Selected Regional and Bilateral Trade Agreement

    OpenAIRE

    Institute for International Trade

    2006-01-01

    This study compared the treatment of trade facilitation in four selected regional trade agreements, AFTA, APEC, SAFRA and PACER, and in one bilateral free trade agreement being the Australia-Singapore Free Trade Agreement (ASFTA), with a view to determining model trade facilitation principles and measures which may be instructive for developing country negotiations and policy makers.

  13. The development of electric power/energy trading in Norway

    International Nuclear Information System (INIS)

    Engebretsen, J.D.

    1992-01-01

    One of the main aims of the Norwegian government is to make the electric power market more effective. A new energy law has been passed and other initiatives have been taken which have altered the framework of the conditions for electricity production and sales in Norway. The proposition for trading electric power and the development of new policies for calculating transmission tariffs has been dealt with in addition to plans for the extent of the development of hydroelectric power. Norway is the world's sixth largest producer of hydroelectricity. The domestic supply of electricity is described as well as the nature of the reorganization of the transmission of electricity and Norwegian foreign trade proposals within this area. The government is interested in taxing with regard to production instead of on the power itself in order to stimulate better energy economy. It is important that this will have a neutral effect between export and domestic consumption when contract sales to abroad are initiated. A more efficient electric power market will profit Norwegian society. Statistical data are included. (AB)

  14. Bitcoin trading system

    OpenAIRE

    Turšič, Samo

    2015-01-01

    In this thesis an information solution was developed that enables the implementation of different trading strategies and backtesting over cryptocurrency Bitcoin trading data. Supported exchanges are Bitstamp, BTC-e and MtGox. In the field of technical analysis there already exist various solutions for Bitcoin that help traders to trade and advise them on basis of technical indicators and patterns. However, each has its own drawbacks, which we are aiming to fix. A web application was developed...

  15. Bitcoin trading system

    OpenAIRE

    Turšič, Samo

    2014-01-01

    In this thesis an information solution was developed that enables the implementation of different trading strategies and backtesting over cryptocurrency Bitcoin trading data. Supported exchanges are Bitstamp, BTC-e and MtGox. In the field of technical analysis there already exist various solutions for Bitcoin that help traders to trade and advise them on basis of technical indicators and patterns. However, each has its own drawbacks, which we are aiming to fix. A web application was developed...

  16. Trade reform in Iran for accession to the World Trade Organization

    NARCIS (Netherlands)

    Farajzadeh, Zakariya; Zhu, Xueqin; Bakhshoodeh, Mohammad

    2017-01-01

    We developed a computable general equilibrium (CGE) model to study the potential welfare and environmental impacts of Iran's trade reform for accession to the World Trade Organization (WTO). Our results show that removing trade barriers not only results in higher welfare and GDP as well as lower

  17. Turkey’s Foreign Trade as a Driver of Economic Development

    Directory of Open Access Journals (Sweden)

    Nigyar R. Masumova

    2016-01-01

    Full Text Available Turkey now is a regional leader due to economic success story of the past decade, changes in the economy's structure and dynamic. Since 1980th foreign trade has become the main driver of the economic growth. Due to liberalization policy Turkey was able to overcome the system crisis. The negative economic trends had contributed to the political instability. That's why it will be interesting to highlight some aspects of Turkish foreign trade policy, which influence the value, geographical and product orientation of foreign trade. Negative balance of trade is the result of its oil import dependence. But the export of goods with more value added has the trend to growth - 30% of exports come to machineries and transport equipments. After the collapse of the USSR Turkish-Russian economic relationship was facing revival. Trade and investment cooperation was developing rapidly. But the conflict of interest during the war in Syria led to growing differences between Russia and Turkey. 24th of November 2015 became a turning point for the Russian-Turkish relations, when Turkish fighter jet F-16 shot down a Russian military jet along the Syrian border. This tragedy had serious consequences for the bilateral economic relations. Huge investment pipeline project "Turkish stream" is freezed, the work of intergovernmental authorities is stopped, certain agricultural goods originated from Turkey is banned to the territory of the Russian Federation. Russia also suspended the visa-free regime for Turkish citizens, all charter flights to Turkey are prohibited. Nevertheless economic sanctions inevitable affect both the Turkish and Russian economies, but Russia is still one of the main partners of Turkey.

  18. Trade liberalization and state support of agriculture: effects for developing countries

    NARCIS (Netherlands)

    Erokhin, V.; Ivolga, A.; Heijman, W.J.M.

    2014-01-01

    The paper aims at the overview of the main approaches of state support implemented by developed and developing countries and the assessment of their distorting influences on the trade with agricultural commodities. The current state of state support is analyzed on the examples of EU-27, the USA and

  19. Gender gap is a trade trap: The road ahead for international development

    OpenAIRE

    MAMOON, Dawood

    2017-01-01

    Abstract. The paper provides an outline of effective gender parity policy in South Asia with a special reference to Pakistan. The need of gender parity as an economic goal is identified by linking gender empowerment as a need to create better trade policy framework. This may provide strong public sector commitment towards bringing and implementing such laws that focus on more female participation in formal schooling as well as skill development.Keywords. Micro education, Trade, Gender empower...

  20. 77 FR 5865 - China Agro-Technology Holdings Ltd.; Order of Suspension of Trading

    Science.gov (United States)

    2012-02-06

    ... Suspension of Trading February 2, 2012. It appears to the Securities and Exchange Commission that there is a... trading in the securities of China Agro-Technology Holdings Ltd. Therefore, it is ordered, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in the securities of China Agro...

  1. 77 FR 36305 - Stream Communications Network & Media, Inc.; Order of Suspension of Trading

    Science.gov (United States)

    2012-06-18

    ....; Order of Suspension of Trading June 14, 2012. It appears to the Securities and Exchange Commission that... a suspension of trading in the securities of the above-listed company. Therefore, it is ordered, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in the security of the above...

  2. 77 FR 58424 - China Mobile Media Technology, Inc., Order of Suspension of Trading

    Science.gov (United States)

    2012-09-20

    ... Suspension of Trading September 18, 2012. It appears to the Securities and Exchange Commission that there is... trading in the securities of the above-listed company. Therefore, it is ordered, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in the securities of the above-listed company is...

  3. Oil refining in U.S. foreign-trade zones

    International Nuclear Information System (INIS)

    Powell, S.J.; Potter, T.J.

    1991-01-01

    With the crude-oil import supply being as inexpensive as it is today, relative to domestic supply, many independents have been sourcing their crude-oil needs from abroad and have found it an opportune time to step up their level of refining activity. To further enhance their competitive position with respect to foreign refineries, certain domestic refiners have discovered the operational benefits and savings that result from having a refinery designated as a foreign-trade zone (FTZ) under the Foreign-Trade Zones Act of 1934, as amended. This paper examines the history and use of foreign-trade subzones for refining activities

  4. Mobile Money, Trade Credit and Economic Development : Theory and Evidence

    NARCIS (Netherlands)

    Beck, T.H.L.; Pamuk, H.; Uras, R.B.; Ramrattan, R.

    2015-01-01

    Using a novel enterprise survey from Kenya (FinAccess Business), we document a strong positive association between the use of mobile money as a method to pay suppliers and access to trade credit. We develop a dynamic general equilibrium model with heterogeneous entrepreneurs, imperfect credit

  5. 78 FR 44961 - Agency Information Collection Activities; Customs-Trade Partnership Against Terrorism (C-TPAT)

    Science.gov (United States)

    2013-07-25

    ... Activities; Customs-Trade Partnership Against Terrorism (C-TPAT) AGENCY: U.S. Customs and Border Protection... accordance with the Paperwork Reduction Act: Customs-Trade Partnership Against Terrorism (C-TPAT). This is a...: Customs-Trade Partnership Against Terrorism (C-TPAT). OMB Number: 1651-0077. Form Number: None. Abstract...

  6. 75 FR 30782 - Reorganization/Expansion of Foreign-Trade Zone 20; Hampton Roads, VA, Area

    Science.gov (United States)

    2010-06-02

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Order No. 1683] Reorganization/Expansion of Foreign-Trade Zone 20; Hampton Roads, VA, Area Pursuant to its authority under the Foreign-Trade Zones Act...) in the Hampton Roads, Virginia, area within the Norfolk Customs and Border Protection port of entry...

  7. Surviving the Lunacy Act of 1890: English Psychiatrists and Professional Development during the Early Twentieth Century.

    Science.gov (United States)

    Takabayashi, Akinobu

    2017-04-01

    In recent decades, historians of English psychiatry have shifted their major concerns away from asylums and psychiatrists in the nineteenth century. This is also seen in the studies of twentieth-century psychiatry where historians have debated the rise of psychology, eugenics and community care. This shift in interest, however, does not indicate that English psychiatrists became passive and unimportant actors in the last century. In fact, they promoted Lunacy Law reform for a less asylum-dependent mode of psychiatry, with a strong emphasis on professional development. This paper illustrates the historical dynamics around the professional development of English psychiatry by employing Andrew Abbott's concept of professional development. Abbott redefines professional development as arising from both abstraction of professional knowledge and competition regarding professional jurisdiction. A profession, he suggests, develops through continuous re-formation of its occupational structure, mode of practice and political language in competing with other professional and non-professional forces. In early twentieth-century England, psychiatrists promoted professional development by framing political discourse, conducting a daily trade and promoting new legislation to defend their professional jurisdiction. This professional development story began with the Lunacy Act of 1890, which caused a professional crisis in psychiatry and led to inter-professional competition with non-psychiatric medical service providers. To this end, psychiatrists devised a new political rhetoric, 'early treatment of mental disorder', in their professional interests and succeeded in enacting the Mental Treatment Act of 1930, which re-instated psychiatrists as masters of English psychiatry.

  8. The Power of Economic Ideas: A Constructivist Political Economy of EU Trade Policy

    Directory of Open Access Journals (Sweden)

    Gabriel Siles-Brügge

    2013-10-01

    Full Text Available The European Union’s (EU’s 2006 Global Europe communication established an offensive Free Trade Agreement (FTA agenda premised on serving the interests of the EU’s upmarket exporters at the expense of the EU’s remaining “pockets of protection”. This has remained in place with the advent of the 2010 Trade, Growth and World Affairs strategy. Such a development defies both rationalist International Political Economy (IPE explanations – which emphasise the protectionist bias of societal mobilisation – and accounts stressing the institutional insulation of policy-makers from societal pressures because the recent economic crisis and the increased politicisation of EU trade policy by the European Parliament have coexisted without leading to greater protectionism. Adopting a constructivist approach, we show that this turn of events can be explained by the neoliberal ideas internalised by policy-makers in the European Commission’s Directorate-General (DG for Trade. We then deploy a novel heuristic to illustrate how DG Trade acted upon these ideas to strategically construct a powerful discursive imperative for liberalisation.

  9. Mexico into the globalization: Nuevo Leon, the safe border for international trade program

    Directory of Open Access Journals (Sweden)

    Barragan, J.

    2006-07-01

    Full Text Available The presentation of this research paper in the 10th annual Conference of the Western Hemispheric Development in the University of Texas A&M in Laredo Texas, (April 23-25, 2005 brought a great opportunity to reflect the efforts of a region in the north of Mexico for the world’s peace and security inside the International trade with the gowth factors important for any and all nations. In this investigation the combined efforts of USA and Mexico are shown to protect the International Trade against the acts of terrorism and smuggling of illegal drugs which constantly try to infiltrate their illicit activities, delivering a great damage to companies that carry out activities of international trade. Relevant conclusions are presented at the end of the paper.

  10. 77 FR 52310 - Expansion of Foreign-Trade Zone 61, San Juan, Puerto Rico

    Science.gov (United States)

    2012-08-29

    ... 61, San Juan, Puerto Rico Pursuant to its authority under the Foreign-Trade Zones Act of June 18... Order: Whereas, the Puerto Rico Trade and Export Company, grantee of Foreign-Trade Zone 61, submitted an application to the Board for authority to expand FTZ 61 to include a site in Aguadilla, Puerto Rico, adjacent...

  11. 17 CFR 240.12f-1 - Applications for permission to reinstate unlisted trading privileges.

    Science.gov (United States)

    2010-04-01

    ... reinstate unlisted trading privileges. 240.12f-1 Section 240.12f-1 Commodity and Securities Exchanges... Rules and Regulations Under the Securities Exchange Act of 1934 Unlisted Trading § 240.12f-1 Applications for permission to reinstate unlisted trading privileges. (a) An application to reinstate unlisted...

  12. The Development Impact of the Illegality of Drug Trade

    OpenAIRE

    Keefer, Philip; Loayza, Norman V.; Soares, Rodrigo R.

    2008-01-01

    This paper reviews the unintended consequences of the war on drugs, particularly for developing countries, and weighs them against the evidence regarding the efficacy of prohibition to curb drug use and trade. It reviews the available evidence and presents new results that indicate that prohibition has limited effects on drug prevalence and prices, most likely indicating a combination of i...

  13. Justification of the Trade Enterprises Development Strategy in the Process of Strategic Management of the Marketing Potential

    Directory of Open Access Journals (Sweden)

    Grosul Viktoriya A.

    2013-11-01

    Full Text Available The article justifies a necessity of strategic management of marketing potential of retail trade enterprises. The article develops a general structural and logic scheme of the process of strategic management of the marketing potential of a trade enterprise taking into account specific features of the trade industry. It establishes that the main key issue in the theory of strategic management is argumentation of selection of the basic strategy of development of a subject of economy. It justifies a scientific and methodical approach to selection of the basic strategy of development of a trade enterprise in the process of management of the marketing potential, main stages of which are: assessment of the level of loyalty of external marketing environment; identification of marketing stratagems; and selection of the enterprise development strategy. The article offers to use the model of marketing stratagem, the components of which are policy of management of the marketing potential, strategic market position of the enterprise and level of loyalty of external marketing environment. The article develops an interactive strategic cube of formation of the complex of marketing stratagems on the basis of use of which marketing stratagems for various trade networks of the Kharkiv region are identified and strategies of their further development are justified.

  14. The Government's Role in Facing the Injustice of Global Trade

    OpenAIRE

    Sood, Muhammad

    2013-01-01

    Despite the controversy about the liberalization of trade, however the government of Indonesia has ratified the WTO provisions by the discharge of the Act Number 7 Year 1994 concerning the Agreement on establishment of the World Trade Organization. This is a fact of law that formed base on the political will of the Indonesian government to encourage the free trade system as an impact of the circulation of the vital flow of goods, services, capital and labor among countries in both the regiona...

  15. Valuing trade-offs of river ecosystem services in large hydropower development in Tibet, China

    Science.gov (United States)

    Yu, B.; Xu, L.

    2015-12-01

    Hydropower development can be considered as a kind of trade-offs of ecosystem services generated by human activity for their economic and energy demand, because it can increase some river ecosystem services but decrease others. In this context, an ecosystem service trade-off framework in hydropower development was proposed in this paper. It aims to identify the ecological cost of river ecosystem and serve for the ecological compensation during hydropower development, for the hydropower services cannot completely replace the regulating services of river ecosystem. The valuing trade-offs framework was integrated by the influenced ecosystem services identification and ecosystem services valuation, through ecological monitoring and ecological economic methods, respectively. With a case study of Pondo hydropower project in Tibet, China, the valuing trade-offs of river ecosystem services in large hydropower development was illustrated. The typical ecological factors including water, sediment and soil were analyzed in this study to identify the altered river ecosystem services by Pondo hydropower project. Through the field monitoring and valuation, the results showed that the Lhasa River ecosystem services value could be changed annually by Pondo hydropower project with the increment of 5.7E+8CNY, and decrement of 5.1E+7CNY. The ecological compensation for river ecosystem should be focus on water and soil conservation, reservoir dredging and tributaries habitat protection.

  16. Developing a Virtual Museum for the Ancient Wine Trade in Eastern Mediterranean

    Science.gov (United States)

    Kazanis, S.; Kontogianni, G.; Chliverou, R.; Georgopoulos, A.

    2017-08-01

    Digital technologies for representing cultural heritage assets of any size are already maturing. Technological progress has greatly enhanced the art of virtual representation and, as a consequence, it is all the more appealing to the general public and especially to younger generations. The game industry has played a significant role towards this end and has led to the development of edutainment applications. The digital workflow implemented for developing such an application is presented in this paper. A virtual museum has been designed and developed, with the intention to convey the history of trade in the Eastern Mediterranean area, focusing on the Aegean Sea and five productive cities-ports, during a period of more than 500 years. Image based modeling methodology was preferred to ensure accuracy and reliability. The setup in the museum environment, the difficulties encountered and the solutions adopted are discussed, while processing of the images and the production and finishing of the 3D models are described in detail. The virtual museum and edutainment application, MEDWINET, has been designed and developed with the intention to convey the essential information of the wine production and trade routes in the Eastern Mediterranean basin. The user is able to examine the 3D models of the amphorae, while learning about their production and use for trade during the centuries. The application has been evaluated and the results are also discussed.

  17. Permit trading and credit trading

    DEFF Research Database (Denmark)

    Boom, Jan-Tjeerd; R. Dijstra, Bouwe

    This paper compares emissions trading based on a cap on total emissions (permit trading) and on relative standards per unit of output (credit trading). Two types of market structure are considered: perfect competition and Cournot oligopoly. We find that output, abatement costs and the number...... of firms are higher under credit trading. Allowing trade between permit-trading and credit-trading sectors may increase in welfare. With perfect competition, permit trading always leads to higher welfare than credit trading. With imperfect competition, credit trading may outperform permit trading....... Environmental policy can lead to exit, but also to entry of firms. Entry and exit have a profound impact on the performance of the schemes, especially under imperfect competition. We find that it may be impossible to implement certain levels of total industry emissions. Under credit trading several levels...

  18. Steps towards the development of a certification system for sustainable Bio-energy trade

    International Nuclear Information System (INIS)

    Faaij, A.; Lewandoski, I.

    2004-07-01

    It is expected that international biomass trade will significantly increase in the coming years because of the possibly lower costs of imported biomass, the better supply security through diversification and the support by energy and climate policies of various countries. Concerns about potential negative effects of large scale biomass production and export, like deforestation or the competition between food and biomass production, have led to the demand for sustainability criteria and certification systems that can control biomass trade. Because neither such criteria and indicator sets nor certification systems for sustainable biomass trade are yet available the objective of this study is to generate information that can help to develop them. For this purposes existing certification systems, sets of sustainability criteria or guidelines on environmental or social sound management of resources are analyzed with the purpose to learn about the requirements, contents and organizational set ups of a certification system for sustainable biomass trade. First an inventory of existing systems was made; next, their structures were analyzed. Key finding from the analysis of internationally applied certification systems was that they are generally led by an international panel that represents all countries and stakeholder involved in the biomass production and trade activities. In a third and fourth step different approaches to formulate standards were described and a list of more than 100 social, economic, ecological and general criteria for sustainable biomass trade was extracted from the reviewed systems. In step five, methods to formulate indicators, that make sustainability criteria measurable, and verification tools that are used to control the performance of indicators are described. It is recommended to further develop the criteria and indicator (C and I) sets for sustainable biomass trade by involvement of the relevant stakeholder (e.g. biomass producer and consumer

  19. Trade flows as a channel for the transmission of business cycles

    OpenAIRE

    J.M. BERK

    1997-01-01

    The interdependence between business cycles of different countries has grown in recent decades. Many factors act as conductors of cyclical fluctuations between countries. In this context, the influence of trade flows in the global transmission of business cycles is examined. The author aims to identify empirically the line of causality of international cyclical movements as suggested by trade flows, presenting an estimate of the quantitive importance of trade flows as transmission channel.

  20. Emission trading in Slovakia is not bound to Kyoto

    International Nuclear Information System (INIS)

    Slovak, K.; Zackova, K.

    2004-01-01

    After Pentagon published its report problems related to changes in climate became an important discussion topic again. The report indicates that future temperature increase could have fatal impacts like flooding of Netherlands. Representatives of Slovak National Climate Program do not completely share this view. They consider it to be the worst scenario - catastrophic scenario. And they are also positive that the emissions of greenhouse gases that are the main reason for these changes of climate will decrease. EU is currently working on Directives that will support one of the possible solutions - emission trading and will make this trade independent from ratification of the Kyoto protocol. The basic principle is simple - a country with production of the greenhouse gases below the legally set level or below the level set out by international agreement on climatic changes will have some spare emission quotas that can be traded i.e. sold to a country that produces more gases then allowed. And based on such an agreement signed between a Slovak and Japanese company, Japan will be allowed to produce more greenhouse gases if it can prove that there is an area in the world where the production is below the limit. But, at the same time, it will have to pay for this over-production. Starting next year over 12-thousand companies will be allowed to participate in this business. At the moment an act on emission trading is being prepared in Slovakia. It should have been completed by end of January but the approval process is being delayed. Similar acts are under preparation also in other countries and not even the EU member states have passed them yet. The National Allocation Plan in Slovakia should distribute the emission quotas to about 200 companies. Many European politicians consider the emission trade an effective economic tool provided it will be used as motivation for decrease of greenhouse gas production. And so all companies participating in this project will handle in

  1. TRENDS AND MARKETS IN THE DEVELOPMENT OF PRODUCTION AND TRADE WITH ROMANIAN PRODUCTS

    Directory of Open Access Journals (Sweden)

    Pop Cohut Ioana

    2009-05-01

    Full Text Available The current stage of retail trade development in Romania still shows an important capacity to absorb, both of large outlets as well as of small outlets, which lately have disappeared from the market and they hardly cope with the superstore competition. A part of the market which has been yet insufficiently explored, with an important potential for development and which is represented by the stores selling traditional Romanian products, as well as the bio product stores, as long as these are made in Romania and are not imported. Also, the paper is trying to analyse the importance of this type of trade and its trends, its lacks and the possibilities of development.

  2. EU emissions trading. The need for cap adjustment in response to external shocks and unexpected developments?

    Energy Technology Data Exchange (ETDEWEB)

    Diekmann, Jochen [DIW, Berlin (Germany)

    2012-11-15

    In this paper the advantages and disadvantages of the various adaptation options will be discussed from an economic perspective. Firstly, the criteria for identifying a need for potentially legitimate adaptation should be investigated. Furthermore, the issue of appropriate timely intervention points prior to or within the trading period will be discussed. In what periods and scenarios are adjustments to the cap worthwhile from an economic perspective? To what extent could minimum prices or price ranges make sense? What role could a strategic reserve play? By addressing these issues, it will be fundamentally discussed as to how the emissions trading scheme could be further developed and strengthened by greater flexibility. After a brief characterisation of emissions trading in theory and practice in Chapter 2, Chapter 3 will identify potential external shocks and unexpected developments which may impair the functioning of an emissions trading scheme. The current problems of cap setting for the third trading period of the EU ETS will be described in Chapter 4. Against this background, cap adjustments will be discussed in Chapter 5, minimum and maximum prices in Chapter 6 and strategic reserves in emissions trading in Chapter 7. The conclusions are summarised in Chapter 8.

  3. 48 CFR 252.225-7035 - Buy American Act-Free Trade Agreements-Balance of Payments Program Certificate.

    Science.gov (United States)

    2010-10-01

    ... Trade Agreements-Balance of Payments Program Certificate. 252.225-7035 Section 252.225-7035 Federal... Trade Agreements—Balance of Payments Program Certificate. As prescribed in 225.1101(10), use the following provision: Buy American Act—Free Trade Agreements—Balance of Payments Program Certificate (DEC...

  4. Fair Trade Practices in the Northwest Brazilian Amazon

    Directory of Open Access Journals (Sweden)

    Rafael D’Almeida Martins

    2011-10-01

    Full Text Available This paper describes and analyzes the Arte Baniwa project, a sustainable development project based on the production and commercialization of Baniwa indigenous basketwork with the support of the Instituto Socioambiental (ISA, a major NGO in Brazil. The project seeks to enhance the value of the Baniwa basketmaking tradition, increase production within the limits of the sustainable use of natural resources, generate income for indigenous producers and their political associations, and train indigenous leadership in the skills of business management. The methodology encompasses a literature review on fair trade and builds upon ethnographic and participative research methods. The narrative and analysis of the case study comprise a framework that is two-fold: first, it looks at existing inter-organizational tiers between actors and identifies the presence of two different logics within the project; second, it encompasses the reality of many emerging fair trade initiatives in Brazil which harness market forces to pursue local sustainable development. The paper argues that ISA has acted as a boundary organization by communicating, translating and mediating between traditional (indigenous knowledge and Western culture. By doing so, it was able to mobilize the project’s capacity to promote sustainable development.

  5. 75 FR 68153 - To Adjust the Rules of Origin Under the United States-Bahrain Free Trade Agreement, Implement...

    Science.gov (United States)

    2010-11-04

    ...-Bahrain Free Trade Agreement, Implement Modifications to the Caribbean Basin Economic Recovery Act, and... Adjust the Rules of Origin Under the United States-Bahrain Free Trade Agreement, Implement Modifications to the Caribbean Basin Economic Recovery Act, and for Other Purposes By the President of the United...

  6. 76 FR 76808 - Procurement Thresholds for Implementation of the Trade Agreements Act of 1979

    Science.gov (United States)

    2011-12-08

    ... Organization (WTO) Agreement on Government Procurement, Chapter 15 of the United States-Australia Free Trade... out U.S. trade agreement obligations under the WTO Agreement on Government Procurement, Chapter 15 of... Agreement on Government Procurement A. Central Government Entities Listed in U.S. Annex 1 (1) Procurement of...

  7. International trade and ambient: Dilemma for the sustainable development of Colombia

    International Nuclear Information System (INIS)

    Rodriguez Sanchez, Liliana

    2001-01-01

    International trade was presented in the Brundtland commission report as an indispensable element to reach sustainable development. However, consent doesn't exist in this respect. Although it is certain that there are those who think that the international trade environment relationship is of the win-win type, there are also those who consider that this win-lose relationship. This article tries to identify in which of these two scenarios Colombia is, with the spirit of opening a reflection space in this respect, considering that the current government has presented exports as one of the main actions to reach the economic growth of the country

  8. 78 FR 53426 - Expansion of Foreign-Trade Zone 84; Houston, Texas

    Science.gov (United States)

    2013-08-29

    ... 84; Houston, Texas Pursuant to its authority under the Foreign-Trade Zones Act of June 18, 1934, as..., the Port of Houston Authority, grantee of Foreign-Trade Zone 84, submitted an application to the Board for authority to expand FTZ 84 to include a site in Brazos County, Texas, adjacent to the Houston...

  9. The factors in the development of marketing potential of trading enterprises

    Directory of Open Access Journals (Sweden)

    Bubenets Iryna

    2016-03-01

    Full Text Available The purpose of this article is the selection and systematization of the influence factors the formation and development of marketing potential of trading enterprises. Currently, when enterprises have experienced an acute shortage of financial resources the value of the marketing potential of the enterprise increases. Since the marketing potential is determined by the possibility of using their own marketing resources, taking into account external and internal factors, their concretization and systematization for increasing the total effective functioning of the economic subsystems of the enterprise are now becoming ever more relevant. Taking into consideration the content of the main functions of business enterprises the author distinguishes the following groups of factors of formation and development of marketing potential of an enterprise: external (external development resources and market opportunities, external marketing environment; internal (internal marketing environment marketing reflects the tangible and intangible resources and capabilities internal development of commercial enterprise. The author has researched and identified the factors-activators of marketing potential of the trading enterprises, which influence greatly on the current and future state of the management system of the marketing potential of the enterprise and help define the desired strategy for the development of marketing potential.

  10. China Food Trade Promotes the Development of SIAL China

    Institute of Scientific and Technical Information of China (English)

    Audrey Guo

    2011-01-01

    @@ According to SIAL CHINA, the 13th China International Food and Beverages Exhibition (SIAL China 2012) will be held in Shanghai New International Expo Center On May 9, 2012.It is hosted together by COMEXPOSIUM and China Business Development Center.Since it was introduced in China for the first time in 2000, SIAL CHINA has maintained a developed speed.Especially in recent years, relying on both foreign and domestic markets, it expanded the influences quickly and became one of the most important food trade exhibitions in Asia, despite of the financial crisis.

  11. 78 FR 32696 - China Properties Developments, Inc.; Order of Suspension of Trading

    Science.gov (United States)

    2013-05-31

    ... SECURITIES AND EXCHANGE COMMISSION [File No. 500-1] China Properties Developments, Inc.; Order of Suspension of Trading May 29, 2013. It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of China Properties Developments, Inc...

  12. Leading Trade Networks in the Context of Globalisation of the World Retail Trade

    Directory of Open Access Journals (Sweden)

    Kavun Olha O.

    2013-12-01

    Full Text Available The article considers main tendencies of development of trade networks during 2002 – 2012 and determines that the overwhelming majority of them increased their presence in foreign markets. It analyses specific features of manifestation of the expansion policy by trade structures depending on the region of their origin. It studies motives that make leading retailers go out of boundaries of the national markets. Main of them are sharpening of competition in domestic, more mature markets, due to increase of concentration of network structures and also application of the state policy of restrictions in the trading activity. It considers methods that were selected by major trade networks in 2011 – 2012 for entering foreign markets. It establishes that the most popular was franchising. It determines directions of manifestation of regulation barriers, faced by major trade networks of the world when entering markets of developing countries. It establishes that major national structures, which are the main competitors for international trade networks and which make them develop a more weighted approach to making decisions that are connected with entering a new market and adjustment of existing strategies of development, are represented in markets of individual countries, in particular, in Asia and South Africa.

  13. Constraints, Trade-offs and the Currency of Fitness.

    Science.gov (United States)

    Acerenza, Luis

    2016-03-01

    Understanding evolutionary trajectories remains a difficult task. This is because natural evolutionary processes are simultaneously affected by various types of constraints acting at the different levels of biological organization. Of particular importance are constraints where correlated changes occur in opposite directions, called trade-offs. Here we review and classify the main evolutionary constraints and trade-offs, operating at all levels of trait hierarchy. Special attention is given to life history trade-offs and the conflict between the survival and reproduction components of fitness. Cellular mechanisms underlying fitness trade-offs are described. At the metabolic level, a linear trade-off between growth and flux variability was found, employing bacterial genome-scale metabolic reconstructions. Its analysis indicates that flux variability can be considered as the currency of fitness. This currency is used for fitness transfer between fitness components during adaptations. Finally, a discussion is made regarding the constraints which limit the increase in the amount of fitness currency during evolution, suggesting that occupancy constraints are probably the main restrictions.

  14. 48 CFR 52.225-5 - Trade Agreements.

    Science.gov (United States)

    2010-10-01

    ... Basin Trade Partnership Act of 2000. (3) Section XXII, Chapter 98, Subchapter II, Articles Exported and..., Finland, France, Germany, Greece, Hong Kong, Hungary, Iceland, Ireland, Israel, Italy, Japan, Korea..., Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, Mexico, Morocco, Nicaragua, Oman, Peru...

  15. Judicial aspects of emission trade. Emission trade in the European Union

    International Nuclear Information System (INIS)

    Van Beuge, M.J.J.

    2004-01-01

    Emission trade will start in Europe in 2005. In a series of articles an overview will be given of several juridical aspects with respect to the international and national trade of emission. In part 1 attention was paid to the international judicial basis for the present climate policy. In this article an overview is given of developments with regard to emission trade in the European Union [nl

  16. 75 FR 41276 - Notice of Meeting of the Industry Trade Advisory Committee on Small and Minority Business (ITAC-11)

    Science.gov (United States)

    2010-07-15

    .../Retaliation Issue --U.S.-China Trade Issues, including China Currency, Export Subsidies, Indigenous Innovation, IPR, and other issues. --Trade Promotion --Export Finance Myesha T. Ward, Acting Assistant U.S. Trade...

  17. Trading away what kind of jobs? Globalization, trade and tasks in the US economy.

    Science.gov (United States)

    Kemeny, Thomas; Rigby, David

    2012-04-01

    Economists and other social scientists are calling for a reassessment of the impact of international trade on labor markets in developed and developing countries. Classical models of globalization and trade, based upon the international exchange of finished goods, fail to capture the fragmentation of much commodity production and the geographical separation of individual production tasks. This fragmentation, captured in the growing volume of intra-industry trade, prompts investigation of the effects of trade within, rather than between, sectors of the economy. In this paper we examine the relationship between international trade and the task structure of US employment. We link disaggregate US trade data from 1972 to 2006, the NBER manufacturing database, the Decennial Census, and occupational and task data from the Dictionary of Occupational Titles. Within-industry shifts in task characteristics are linked to import competition and technological change. Our results suggest that trade has played a major role in the growth in relative demand for nonroutine tasks, particularly those requiring high levels of interpersonal interaction.

  18. Implementing the GISB standards in Canada - electronic gas trading

    International Nuclear Information System (INIS)

    Anderson, I.

    1999-01-01

    Standards promulgated by the Gas Industry Standards Board (GISB) in the United States, its objective and applicability in Canada are discussed. The standards, while sponsored by an American trade organization, have had significant Canadian input, and are considered applicable throughout North America, although implementation in Canada is voluntary. In developing the standards, the intent of the GISB was to developing business practice and electronic commerce standards for the natural gas industry. Despite voluntary application in Canada, Canadians are affected by the standards since some 50 per cent of Canadian gas is exported to U.S. consumers, and U.S. gas is imported for Canadian consumers in certain parts of the country. In actual fact. a Canadian GISB Implementation Task Force has been established to develop recommendations for Canadian implementation. The task force is broadly representative of the industry and published its report in March of 1997. It explains the nature of the standards and provides details about the definition of 'gas day' , nomination schedules, accounting issues, electronic delivery mechanisms, capacity release, standard unit of measure for nominations, confirmations, scheduling, measurement reports and invoicing. Questions regarding electronic contracting and enforceability of electronic contracts also have been reviewed. Details are currently under consideration by a Working Group. Status of contracts under the Statute of Frauds, the Evidence Act and the Interpretation Act is reviewed, and legislative requirements in Canada to make electronic commerce legally enforceable are outlined. At present electronic transactions would likely be enforceable provided they are preceded by a paper-based Electronic Commerce Trading Partner Agreement

  19. Trade structure, trade mode and the urban-rural income gap in China

    Directory of Open Access Journals (Sweden)

    Hao Wei

    2013-05-01

    Full Text Available This paper analyses the effect of foreign trade in China on the urban-rural income gap from certain angles including trade scale, trade structure and trade mode at the national and provincial levels. The empirical results indicate that, from the perspective of trade scale, the export and import in the eastern and national regions have an expansion effect on the urban-rural income gap, and, in the central regions, they have a reduction effect. Furthermore, export in the western regions has a reduction effect while import in these regions did not have a significant effect. From the perspective of trade structure, the trade of high-tech products and labour-intensive products in the national and eastern regions has an expansion effect, and the trade of the above-mentioned products in the central regions has a reduction effect. The trade of labour-intensive products in the western regions has a reduction effect, and that of high-tech products an expansion effect. From the perspective of trade mode, processing trade and general trade in the national and eastern regions have an expansion effect, while in the central regions they have a reduction effect. General trade in the western regions would expand the urban-rural income gap, and processing trade does not have a significant effect. Consequently, when the South African Government is working out trade multiplicative and corresponding policy, they should consider the development of foreign trade and should pay attention to the labour market structure.

  20. 76 FR 65496 - Reorganization of Foreign-Trade Zone 119 Under Alternative Site Framework, Minneapolis/St. Paul, MN

    Science.gov (United States)

    2011-10-21

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Order No. 1790] Reorganization of Foreign-Trade Zone 119 Under Alternative Site Framework, Minneapolis/St. Paul, MN Pursuant to its authority under the Foreign-Trade Zones Act of June 18, 1934, as amended (19 U.S.C. 81a-81u), the Foreign-Trade Zones Board...

  1. Comment: Reluctance to trade a risky position in oil market

    International Nuclear Information System (INIS)

    Thomas, M.

    1995-01-01

    The oil industry is re-engineering, restructuring, down-sizing, etc. as part of a draconian effort to reduce costs and enhance profit margins. Benchmarking of corporate results against the competition is in vogue, with a view to challenging performance at every level of management. The bold can do attitude behind today's oil industry revolution in management grinds to a halt when the subject is oil trading. Mention speculation, oil pricing mechanisms, market risk-taking, or derivative instruments, and many in senior management and the corporate boardroom lapse into worried silence. When an oil company finishes restructuring and reconcentrating business direction, setting new investment and performance criteria, it is still left with the huge variable of price. Any corporate management that fails to act aggressively in the trading sector by pursuing the best possible oil price as a buyer or seller isn't living up to its responsibilities to shareholders. This article discusses market retreat, market imperfections, winners and losers, the decision to trade, developing a program and issues currently attracting oil industry attention

  2. Clean air, clear market. Making emissions trading work: The role of a computer-assisted auction

    International Nuclear Information System (INIS)

    Bartels, C.W.; Marron, D.B.; Lipsky, M.I.

    1993-01-01

    Creating a new commodity presents the chance to develop new markets in which to trade it. In many cases, existing markets can be adapted easily; in other cases it proves worthwhile to develop new forms that reflect special characteristics of the commodity and those who trade it. In the case of the sulfur dioxide (SO 2 ) emission allowances created by the Clean Air Act Amendments of 1990, a number of standard market forms already have been adopted. While these will prove useful for handling some transactions, a new Market Clearing Auction (MCA) offers buyers and sellers a centralized marketplace for trading SO 2 emission allowances. The MCA, which was developed by the brokerage firm Cantor Fitzgerald, is a computer-assisted open-quotes smartclose quotes auction designed to replicate the outcome of an efficient market in emission allowances, and accepts bids and offers for any possible combination of allowances. Orders can be submitted for streams of allowances. Orders can be submitted for streams of allowances covering more than one year. The auction then determines the combination of bids and offers that maximizes the gains from trades in the market, and establishes uniform market clearing prices for each allowance issue (1995, 1996, and so on). Once executed, trades are settled on a cash-forward basis; that is, allowances are delivered and payments are made at future dates

  3. 78 FR 80415 - To Take Certain Actions Under the African Growth and Opportunity Act and for Other Purposes

    Science.gov (United States)

    2013-12-31

    ... Economic Recovery Act (CBERA) (19 U.S.C. 2702), as amended by the Caribbean Basin Trade Partnership Act... Proclamation 7746 of December 30, 2003, implemented the United States-Chile Free Trade Agreement (USCFTA) with respect to the United States and, pursuant to the United States-Chile Free Trade Agreement Implementation...

  4. How do international trade obligations affect policy options for obesity prevention? Lessons from recent developments in trade and tobacco control.

    Science.gov (United States)

    von Tigerstrom, Barbara

    2013-06-01

    Regulatory measures, including taxes and subsidies on food and beverage products, food labelling requirements, regulation of food content and regulation of food marketing, have been proposed to encourage healthier eating and prevent obesity. The objective of this article is to explore the extent to which international trade agreements affect governments' choices to use such regulatory measures. It reviews key provisions of relevant World Trade Organization (WTO) agreements and their implications. Some insights can be gained by examining 2 recent developments in the WTO regarding tobacco control: a current dispute involving Australia's plain packaging law and its effect on trademarks, and a recent decision involving the United States law banning flavoured cigarettes. This decision said that the ban did not restrict trade more than necessary to fulfil its legitimate health objective, but it was discriminatory because it banned imported products (clove cigarettes) while exempting domestic products (menthol cigarettes) with similar characteristics. The conclusion we can draw from this decision is that WTO member states probably enjoy a significant degree of latitude in developing food regulations as part of an obesity prevention strategy, so long as those do not disproportionately affect imported products and therefore raise questions of discrimination. The approach taken in this case encourages the adoption of public health policies that are consistent with strong scientific evidence, but may restrict governments' ability to make political compromises, which could frustrate some proposals. The ongoing development of WTO law will continue to affect policy choices in public health. Copyright © 2013 Canadian Diabetes Association. Published by Elsevier Inc. All rights reserved.

  5. The trade interchange between Latin America and South Korea: The impact of technological development in the trade integration

    Directory of Open Access Journals (Sweden)

    Humberto Merritt Tapia

    2010-05-01

    Full Text Available Trade relations between Latin America and the Republic of Korea started in the early sixties, but only after the beginning of the new century have become more dynamic, especially for the Asian nation. Behind the Korean export boom is the governmental thrust to science and technology, which has resulted in the production of goods with higher added value. The pattern of trade specialization followed by South Korea has allowed it to become one of the leading exporting nations of high technology goods in the world. On the other hand, Latin American nations have also enjoyed a remarkable growth in exports in the last decade, although their exporting profile contrast with that of Korea because their exports tend to be mainly primary products with low added value and some semi-finished goods . The pattern of specialization in Latin America is explained by its provision of vast natural resources, giving it a comparative advantage in world commodity markets. Unfortunately these advantages have not translated into sustained industrial developments throughout the region. In this context, the purpose of this paper is to illustrate the trade trends between South Korea and Latin America in the last ten years in an attempt to understand the reasons behind the asymmetries in trade flows that have been set in this period. The underlying assumption is that the commercial relationship between both parties depends on the pattern of specialization emerged in recent times and responds to the institutional policies implemented by both South Korea and by Latin American nations. The case of Mexico is highlighted because it is getting historic deficits with the Asian nation.

  6. Publications | Page 252 | IDRC - International Development ...

    International Development Research Centre (IDRC) Digital Library (Canada)

    Rules of origin and development of regional production network in Asia : case studies of selected industries (restricted access). Simpler Rules of Origin (RoO) with product specific rules can act as a catalyst in trade even if tariff rates are not low. Sector specific restrictiveness across trade agreements are assessed, in view of ...

  7. Publications | Page 251 | IDRC - International Development ...

    International Development Research Centre (IDRC) Digital Library (Canada)

    Rules of origin and development of regional production network in Asia : case studies of selected industries (restricted access). Simpler Rules of Origin (RoO) with product specific rules can act as a catalyst in trade even if tariff rates are not low. Sector specific restrictiveness across trade agreements are assessed, in view of ...

  8. 75 FR 69398 - Foreign-Trade Zone 78-Nashville, TN; Application for Expansion

    Science.gov (United States)

    2010-11-12

    ... Company, 1800 Zinc Plant Road, Clarksville; and Proposed Site 12 (451.0 acres)--Gallatin Industrial Center..., TN; Application for Expansion An application has been submitted to the Foreign-Trade Zones Board (the... application was submitted pursuant to the provisions of the Foreign- Trade Zones Act, as amended (19 U.S.C...

  9. Clean Air Act compliance issues/panel

    International Nuclear Information System (INIS)

    Anon.

    1992-01-01

    This morning, four panelists will discuss the birth of the free market allowance trading system, how it was formed, when it was formed, how it was sold, how allowance trading has worked, how it is expected to work, and how utilities are planning based on allowance trading. We will also hear from a utility commissioner who will make some of the final decisions on cost recovery. So we will have various perspectives today on allowance trading. Many of you are here to learn more about how to comply with the Clean Air Act Amendments of 1990. Allowance trading is the cornerstone of the entire Title 4, the acid deposition title of the amendments, in which SO 2 emission allowances are a tradeable right. Following the four presentations, we will entertain questions to the four participants from the audience

  10. 19 CFR 210.17 - Failures to act other than the statutory forms of default.

    Science.gov (United States)

    2010-04-01

    ... 19 Customs Duties 3 2010-04-01 2010-04-01 false Failures to act other than the statutory forms of default. 210.17 Section 210.17 Customs Duties UNITED STATES INTERNATIONAL TRADE COMMISSION INVESTIGATIONS OF UNFAIR PRACTICES IN IMPORT TRADE ADJUDICATION AND ENFORCEMENT Motions § 210.17 Failures to act...

  11. 77 FR 76797 - To Extend Nondiscriminatory Treatment (Normal Trade Relations Treatment) to the Products of the...

    Science.gov (United States)

    2012-12-28

    ... Marrakesh Agreement Establishing the World Trade Organization (the ``WTO Agreement'') with respect to the... Act'') (19 U.S.C. 2431 et seq.) since 1994. The Russian Federation acceded to the World Trade Organization (WTO) on August 22, 2012. The extension of permanent normal trade relations treatment to the...

  12. Greenhouse gas trading

    Energy Technology Data Exchange (ETDEWEB)

    Drazilov, P. [Natsource-Tullett Emissions Brokerage, Toronto, ON (Canada)

    2001-07-01

    Natsource-Tullett Emissions Brokerage is a market leader in natural gas, electricity, coal, and weather, emissions with a total of more than $2 billion by volume in emissions transactions in the United States, Canada, Australia, Japan, and Europe. This power point presentation addressed issues dealing with global warming, the Kyoto Protocol, and explained where we are in terms of reaching commitments for the first compliance period between 2008-2012. The paper focused on international emissions trading (IET), joint implementation (JI) and the clean development mechanism (CDM) and explained how greenhouse gases are traded. Emissions trading refers to the trade of carbon dioxide, methane, nitrous oxides, perfluoro-carbons, hydrofluorocarbons, and sulphur hexafluorides. The motivational drivers for trading were outlined in terms of liability for buyers and assets for sellers. To date, trading activity is nearly 120 transactions with nearly 70 million tons of carbon dioxide equivalent. tabs., figs.

  13. 77 FR 14303 - Federal Acquisition Regulation; New Designated Country (Armenia) and Other Trade Agreements Updates

    Science.gov (United States)

    2012-03-09

    ..., the thirty-fourth line from the top of the page is amended to read: ``TRADE AGREEMENTS (MAR 2012). 8... read: ``BUY AMERICAN ACT-- CONSTRUCTION MATERIALS UNDER TRADE AGREEMENTS (MAR 2012)'' 10. On page 12937...--CONSTRUCTION MATERIALS UNDER TRADE AGREEMENTS (MAR 2012)'' [FR Doc. C1-2012-4495 Filed 3-8-12; 8:45 am] BILLING...

  14. Control: Why, when and how? Some general principles of state control presented on the example of disqualification from performing commercial activities pursuant to § 35 of the German Trade, Commerce and Industry Regulation Act

    Directory of Open Access Journals (Sweden)

    Pürner Stefan

    2016-01-01

    Full Text Available This paper deals with issues relating to state control and state reaction to breaches of the rules discovered, using the example of Section 35 of the German Trade, Commerce and Industry Regulation Act (§ 35 Gewerbeordnung, GewO. This provision is the central norm in German law, on the basis of which entrepreneurial activities can be prohibited. In the introduction, the author provides an overview of different forms of control and discusses the role of the courts in general, but also in the context of reviewing the control measures taken by the state. The author agrees that jurisprudence (case law is not a source of law in the countries of the European-Continental legal system. However, this should not lead to the wrong conclusion that the courts are neither qualified nor obliged to develop the law. After the introductory remarks, the author discusses the provisions contained in § 35 of the German Trade, Commerce and Industry Regulation Act (Gewerbeordnung. This example is of particular interest as it demonstrates various general principles of state control over private activities. While the provision originally contained a casuistic enumeration of individual cases, it nowadays uses a blanket clause. Accordingly, the concept of Unzuverlässigkeit ('unreliability ', which is not defined in more detail is the definitional element for a disqualification from the practice of commercial activities. Hence, the courts' task in dealing with the respective cases has significantly changed, as the control process involves consideration of both public and private interests, as well as striking a fair balance between the opposing public and private interests. The author points out that this is also justified as the legislator can hardly foresee all cases to which the provision might appear in practice. In particular, the author points out that the German legislator, unlike the legislators in some transformation states, has opted for having as few

  15. 75 FR 64742 - Government in the Sunshine Act Meeting Notice

    Science.gov (United States)

    2010-10-20

    ... INTERNATIONAL TRADE COMMISSION [USITC SE-10-029] Government in the Sunshine Act Meeting Notice AGENCY HOLDING THE MEETING: United States International Trade Commission. TIME AND DATE: October 22, 2010... Wireless Communications Devices Featuring Digital Cameras, and Components Thereof). In accordance with...

  16. 17 CFR 240.10b5-2 - Duties of trust or confidence in misappropriation insider trading cases.

    Science.gov (United States)

    2010-04-01

    ... in misappropriation insider trading cases. 240.10b5-2 Section 240.10b5-2 Commodity and Securities... Devices and Contrivances § 240.10b5-2 Duties of trust or confidence in misappropriation insider trading... of insider trading under Section 10(b) of the Act and Rule 10b-5. The law of insider trading is...

  17. Acting and Teacher Education: Being Model for Identity Development

    Directory of Open Access Journals (Sweden)

    Kemal Sinan Özmen

    2011-02-01

    Full Text Available This study follows three pre-service teachers during three academic semesters in which they took an acting course for teachers and participated in practicum with a special focus on rehearsing and developing their teacher identities. In order to create the necessary context for them, an acting course for pre-service teacher education was designed in parallel with a model which is based on an influential acting theory. This model, namely the BEING (Believe, Experiment, Invent, Navigate, Generate, was also designed by the researcher. The incentive behind designing a model grounded on acting literature was that the relevant literature does not provide trainers with a universal model which can be referred as a manual for running and monitoring acting courses for teachers. In this case study, this model was also tested in terms of its applicability and functionality in practice. Based on analyses of audio taped interviews, session journals and reflections, the five stages of the BEING Model was found to be highly applicable and functional in terms of reflecting the natural development process of teacher identity development. Pre-service teachers displayed a significant development in communication skills and professional identities. Therefore, the BEING model provides a perspective and a philosophy of benefiting from acting literature for teacher educators with little or no knowledge on acting and theatre

  18. Acting and Teacher Education: Being Model for Identity Development

    Directory of Open Access Journals (Sweden)

    Kemal Sinan Özmen

    2011-04-01

    Full Text Available This study follows three pre-service teachers during three academic semesters in which they took an acting course for teachers and participated in practicum with a special focus on rehearsing and developing their teacher identities. In order to create the necessary context for them, an acting course for pre-service teacher education was designed in parallel with a model which is based on an influential acting theory. This model, namely the BEING (Believe, Experiment, Invent, Navigate, Generate, was also designed by the researcher. The incentive behind designing a model grounded on acting literature was that the relevant literature does not provide trainers with a universal model which can be referred as a manual for running and monitoring acting courses for teachers. In this case study, this model was also tested in terms of its applicability and functionality in practice. Based on analyses of audio taped interviews, session journals and reflections, the five stages of the BEING Model was found to be highly applicable and functional in terms of reflecting the natural development process of teacher identity development. Pre-service teachers displayed a significant development in communication skills and professional identities. Therefore, the BEING model provides a perspective and a philosophy of benefiting from acting literature for teacher educators with little or no knowledge on acting and theatre.

  19. National treatment in international trade: National law and international standards

    Directory of Open Access Journals (Sweden)

    Divljak Drago

    2014-01-01

    Full Text Available The subject of the paper is the principle of national treatment, namely one of the basic principles of international trade. The objective is to determine its outreach and contents set in the forms of international trade organising, primarily in the World Trade Organization, from a legal perspective, naturally, all in the context of the Serbian law. The analysis that has been carried out indicates that there is an obvious intention of our legislators to harmonise in principle our legislation with the WTO requirements and standards, which are incomplete themselves and cause disputes that are not resolved in the practice of dispute resolving either entirely or consistently. In our law, a step forward has been made in relation to the situation from the previous relevant legislation, because the application of this principle is extended not only to trade with goods but also to trade with services, and to industrial property rights. However, in the most significant, basic field, namely trade with goods, it is still being done in a general way, by simplifying the entire topic and bringing it down only to protection against discrimination and neglecting the sphere of protectionism. Such acting does not include all the complexity of this matter and it is not entirely harmonised with the WTO requirements. However, a good side of such an approach is that it gives the state more freedom for acting in this sphere, which may be acceptable in the transition period until full membership of Serbia in this organization.

  20. International bioenergy trade - a review of past developments in the liquid biofuels market

    NARCIS (Netherlands)

    Lamers, P.; Hamelinck, C.N.; Junginger, H.M.|info:eu-repo/dai/nl/202130703; Faaij, A.P.C.|info:eu-repo/dai/nl/10685903X

    2011-01-01

    Policies aimed to promote biofuels locally had tremendous effects on global market developments across the past decade. This article develops insights into the interaction of these policies and market forces via a comprehensive collection and analysis of international production and trade data. It

  1. Atomic Energy Authority Act 1986

    International Nuclear Information System (INIS)

    1986-01-01

    Under this Act the UKAEA is given power to borrow so that it can finance its capital expenditure programme, and will undertake a debt to the Secretary of State for Energy representing its assets. Power is given for the Government to guarantee such borrowing. The UKAEA has been organised financially on the basis of a trading fund. The Act came into force on 1 April 1986. (NEA) [fr

  2. Prospects and risks of development of ukrainian-chinese trade and economic relations

    Directory of Open Access Journals (Sweden)

    V.G. Rogovyj

    2016-06-01

    Full Text Available The main prospects and risks of development of Ukrainian-Chinese trade and economic relations have been researched in the article. It has been grounded that there is a considerable need for attraction of external financing for Ukraine, and China is one of the potential partners for this purpose. The areas of interest of Ukraine in cooperation with China have been determined, in particular, the attraction of external investments that will allow the intensification of economic growth in the country, and will provide creation of new workplaces. The sphere of interests of China in Ukraine has been determined, namely, the possibility of attraction of Ukrainian technologies to Chinese market with the placement of production in the territory of China. It has been found out that it is considerable risk for Ukraine as in 5–7 years Chinese partners will seize Ukrainian technologies and the need in Ukrainian partners for them will disappear. Besides, there is a risk of irrational use of land resources that may lead to depletion and decline of its quality. In order to avoid negative consequences of economic cooperation with China Ukraine needs to develop strategy of the economic partnership providing satisfaction of national interests. Keywords: Ukraine; China; economic cooperation; trade; trade and economic relations.

  3. 77 FR 75609 - Approval for Manufacturing Authority; Foreign-Trade Zone 277; Suntech Arizona, Inc. (Solar Panel...

    Science.gov (United States)

    2012-12-21

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Order No. 1873] Approval for Manufacturing Authority; Foreign-Trade Zone 277; Suntech Arizona, Inc. (Solar Panel Manufacturing); Goodyear, AZ Pursuant to its authority under the Foreign-Trade Zones Act of June 18, 1934, as amended (19 U.S.C. 81a-81u...

  4. Collective bargaining under the new Labour Relations Act: The ...

    African Journals Online (AJOL)

    2 PHILOSOPHY OF THE NEW ACT. The 1956 Act was premised on a "pluralist" perspective) of the relation- ... However, in view of the Act's ostensible abstentionist approach, interven- tion by the courts in the bargaining ... trade union members but who are, in terms of a collective agreement, nevertheless represented by the ...

  5. The Impact of Financial Development on the Relationship between Trade Credit, Bank Credit and Firm Characteristics

    OpenAIRE

    Jézabel Couppey-Soubeyran; Jérôme Héricourt

    2013-01-01

    Using a database of more than 1,300 firms from six countries in the MENA region, we study the impact of financial development on the relationship between trade credit on the one hand and bank credit access and firm-level characteristics, especially financial health, on the other hand. Trade credit use increases with the difficulty for gaining access to bank credit, and indicators of the quality of the firm's financial structure negatively influence the use of trade credit. Additional investig...

  6. Sulfur dioxide allowances. Trading and technological progress

    International Nuclear Information System (INIS)

    Kumar, Surender; Managi, Shunsuke

    2010-01-01

    The US Clean Air Act Amendments introduce an emissions trading system to regulate SO 2 emissions. This study finds that changes in SO 2 emissions prices are related to innovations induced by these amendments. We find that electricity-generating plants are able to increase electricity output and reduce emissions of SO 2 and NO x from 1995 to 2007 due to the introduction of the allowance trading system. However, compared to the approximate 8% per year of exogenous technological progress, the induced effect is relatively small, and the contribution of the induced effect to overall technological progress is about 1-2%. (author)

  7. Trade, Development, and the Political Economy of Public Standards

    OpenAIRE

    Swinnen, Johan F.M.; Vandemoortele, Thijs

    2009-01-01

    This paper presents a political economy model of public standards in an open economy model. We use the model to derive the political optimum and to analyze different factors that have an influence on this political equilibrium. The paper discusses how the level of development influences the political equilibrium. We also analyze the relation between trade and the political equilibrium and compare this political outcome with the social optimum to identify under which cases ‘under-standardizati...

  8. Potential Trade-Offs between the Sustainable Development Goals in Coastal Bangladesh

    Directory of Open Access Journals (Sweden)

    Craig W. Hutton

    2018-04-01

    Full Text Available The Sustainable Development Goals (SDGs are offered as a comprehensive strategy to guide and encourage sustainable development at multiple scales both nationally and internationally. Furthermore, through the development of indicators associated with each goal and sub-goal, the SDGs support the notion of monitoring, evaluation and adaptive management, underpinned by the aspirations of social justice, equity and transparency. As such, the ethical intention of the SDGs is well founded. However, possible conflicts and trade-offs between individual SDGs have received little attention. For example, SDGs relating to poverty (SDG 1, inequality (SDG 10, food security (SDG2, economic development (SDG 8 and life in water and on land (SDGs 14 and 15, are potentially competing in many circumstances. In a social–ecological context, policy support and formulation are increasingly adopting systems approaches, which analyse the complex interactions of system elements. Adopting such an approach in this work, the above SDGs are analysed for coastal Bangladesh. This demonstrates multiple potential trade-offs between the SDGs, including agricultural farming approaches in the light of poverty reduction, and between economic growth and environmental integrity as well as equity. To develop coherent and policy relevant socio-ecological strategies, appropriate decision frameworks need to be co-developed across the range of stakeholders and decision-makers. Integrated models have great potential to support such a process.

  9. Organ trade using social networks.

    Science.gov (United States)

    Alrogy, Waleed; Jawdat, Dunia; Alsemari, Muhannad; Alharbi, Abdulrahman; Alasaad, Abdullah; Hajeer, Ali H

    2016-01-01

    Organ transplantation is recognized worldwide as an effective treatment for organ failure. However, due to the increase in the number of patients requiring a transplant, a shortage of suitable organs for transplantation has become a global problem. Human organ trade is an illegal practice of buying or selling organs and is universally sentenced. The aim of this study was to search social network for organ trade and offerings in Saudi Arabia. The study was conducted from June 22, 2015 to February 19, 2016. The search was conducted on Twitter, Google answers, and Facebook using the following terms: kidney for sale, kidneys for sale, liver for sale, kidney wanted, liver wanted, kidney donor, and liver donor. We found a total of 557 adverts on organ trade, 165 (30%) from donors or sellers, and 392 (70%) from recipients or buyers. On Twitter, we found 472 (85%) adverts, on Google answers 61 (11%), and on Facebook 24 (4%). Organ trade is a global problem, and yet it is increasingly seen in many countries. Although the Saudi Center for Organ Transplantation by-laws specifically prohibits and monitors any form of commercial transplantation, it is still essential to enforce guidelines for medical professionals to detect and prevent such criminal acts.

  10. Organ trade using social networks

    Directory of Open Access Journals (Sweden)

    Waleed Alrogy

    2016-01-01

    Full Text Available Organ transplantation is recognized worldwide as an effective treatment for organ failure. However, due to the increase in the number of patients requiring a transplant, a shortage of suitable organs for transplantation has become a global problem. Human organ trade is an illegal practice of buying or selling organs and is universally sentenced. The aim of this study was to search social network for organ trade and offerings in Saudi Arabia. The study was conducted from June 22, 2015 to February 19, 2016. The search was conducted on Twitter, Google answers, and Facebook using the following terms: kidney for sale, kidneys for sale, liver for sale, kidney wanted, liver wanted, kidney donor, and liver donor. We found a total of 557 adverts on organ trade, 165 (30% from donors or sellers, and 392 (70% from recipients or buyers. On Twitter, we found 472 (85% adverts, on Google answers 61 (11%, and on Facebook 24 (4%. Organ trade is a global problem, and yet it is increasingly seen in many countries. Although the Saudi Center for Organ Transplantation by-laws specifically prohibits and monitors any form of commercial transplantation, it is still essential to enforce guidelines for medical professionals to detect and prevent such criminal acts.

  11. 17 CFR 240.17a-23 - Recordkeeping and reporting requirements relating to broker-dealer trading systems.

    Science.gov (United States)

    2010-04-01

    ... requirements relating to broker-dealer trading systems. 240.17a-23 Section 240.17a-23 Commodity and Securities... relating to broker-dealer trading systems. (a) Scope of section. This section shall apply to any registered broker or dealer that acts as the sponsor of a broker-dealer trading system. (b) Definitions. For...

  12. 77 FR 24459 - Voluntary Termination of Foreign-Trade Subzone 9D, Maui Pineapple Company, Ltd., Kahului, Maui, HI

    Science.gov (United States)

    2012-04-24

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Order No. 1821] Voluntary Termination of Foreign-Trade Subzone 9D, Maui Pineapple Company, Ltd., Kahului, Maui, HI Pursuant to its authority under the Foreign-Trade Zones Act of June 18, 1934, as amended (19 U.S.C. 81a-81u), and the Foreign-Trade Zones...

  13. INTERNATIONAL BIOMASS TRADE AND SUSTAINABLE DEVELOPMENT: AN OVERVIEW

    Directory of Open Access Journals (Sweden)

    Chiriac Catalin

    2011-12-01

    Full Text Available It is crystal clear that the neoclassical economical theory, despite being probably the best growth model ever invented by man, tickled a cost of environmental degradation which can threaten our wealth and even our existence. For this reason, the concept of sustainable development (SD is so empathic, being considered probably the best theoretical alternative invented by man to standard growth, because of its vision of a better world, where economics, society and environment are intimately linked. Thus, all human activities have to adapt to this new paradigm, in order to achieve its goals. From the economical perspective, production, consumption and trade must incorporate a kind of sustainable type of activity. In the recent years, growing demands in energy use and the increase of oil and coal prices, have led to the usage of new energy sources such as biomass, water, solar, wind and geothermal energy. This is why we propose in this paper to present an overview of international trade in biomass reported to the philosophy of SD. In short, we want to give an answer at two questions: how much is biomass trade sustainable and what risks may arise if the main source of energy used today, based on fossil fuels, will be totally substitute by biomass? To be sustainable, biomass, must meet certain criteria, such as: to possess a high capacity for regeneration, in a relatively short time; to offer a better efficiency compared with the traditional fossil fuel sources; to be less or non-polluting, to be used in solid, liquid and gaseous form; to have a broad applicability in production and consumption; to have a competitive level in terms of costs and prices for transport or storage, in both stages, as a raw material or as a finished product; to be a good substitute of traditional fuels (gasoline or diesel, without the necessity for structural changes of the of the engine. The article will conclude that the uprising trend of the EU biomass trade and

  14. Greenhouse gas emissions trading: Cogen case studies in the early trading market

    International Nuclear Information System (INIS)

    Buerer, Mary Jean

    2001-01-01

    An increasing number of companies are interested in opportunities to trade their reduction in greenhouse gas emissions from cogeneration on the emerging greenhouse gas emissions market. Only the UK and Denmark currently have emissions trading schemes, but they are under development in other European countries. Two frameworks currently exist for trading. Baseline-and-credit trading is used in Canada where companies can take part in two voluntary schemes (Greenhouse Gas Emission Reduction Trading Pilot or Clean Air Canada Inc). An example project from the CHP unit at DuPont's Maitland chemical production facility is given, with details of the baselines and calculations used. The other option is company-wide emissions trading. The example given here features the CHP units at BP's refinery and chemicals operations in Texas. The potential revenue from emission reduction projects could help to boost the economics of cogeneration projects

  15. 49 CFR 599.401 - Requirements and limitations for disposal facilities that receive trade-in vehicles under the...

    Science.gov (United States)

    2010-10-01

    ... facilities that receive trade-in vehicles under the CARS program. 599.401 Section 599.401 Transportation... SAVE ACT PROGRAM Disposal of Trade-in Vehicle § 599.401 Requirements and limitations for disposal facilities that receive trade-in vehicles under the CARS program. (a) The disposal facility must: (1) Not...

  16. 77 FR 62185 - Temporary Rule Regarding Principal Trades With Certain Advisory Clients

    Science.gov (United States)

    2012-10-12

    ... 3235-AJ96 Temporary Rule Regarding Principal Trades With Certain Advisory Clients AGENCY: Securities... principal capacity in transactions with certain of their advisory clients. The amendment would extend the... Advisers Act when they act in a principal capacity in transactions with certain of their advisory clients...

  17. 75 FR 75650 - Temporary Rule Regarding Principal Trades With Certain Advisory Clients

    Science.gov (United States)

    2010-12-06

    ... 3235-AJ96 Temporary Rule Regarding Principal Trades With Certain Advisory Clients AGENCY: Securities... principal capacity in transactions with certain of their advisory clients. The amendment would extend the... Advisers Act when they act in a principal capacity in transactions with certain of their advisory clients...

  18. SCRUB versus trade: Enemies or allies?

    International Nuclear Information System (INIS)

    Platt, J.B.

    1992-01-01

    Under the 1990 Clean Air Act Amendments (CAAA), scrubbing and emission allowance trading will play complementary roles. This paper reviews Phase I announced strategies and presents projections of technology controls, coal switching and industry-wide SO 2 removal costs under different assumptions about trading. The principal uncertainties characterizing today's planning environment are discussed -- ranging from changing expectations for fuel costs to swings in allowance prices and questions about regulation and new operating procedures. Economic forecasting is difficult. A clearer picture of Phase 2 strategies is emerging from EPRI's integrated analysis of fuel, technology and allowance markets -- based on collaboration between A. Van Horn and K. White (management consultants) and T. Hewson (Energy Ventures Analysis). About half the SO 2 reductions required in Phase 2 are likely to come from technology controls and half from coal switching. With trading, the highest cost open-quotes scrubsclose quotes and open-quotes switchesclose quotes can be avoided, more upgrading of low-cost scrubbing is expected, and the role of switching grows to a small extent. Additional benefits from trading, averaging and banking allowances are: better sequencing of technology controls, less stringent specs for equipment, and added flexibility/risk-sharing opportunities in contract arrangements

  19. Does AFTA Create More Trade for Thailand? An Investigation of Some Key Trade Indicators

    Directory of Open Access Journals (Sweden)

    Piriya Pholphirul

    2010-04-01

    Full Text Available This paper examines whether the ASEAN Free Trade Agreement (AFTA creates trade for Thailand or actually diverts it away from the country. It does this by analyzing various trade indicators: the Export Similarity Index, the Intra-Industry Trade Index, and Revealed Comparative Advantage (RCA rank correlation. By examining the patterns of trade between Thailand and other members of ASEAN, it reveals a high degree of similarity regarding the trade structure between Thailand and AFTA, which indicates that there will be fewer trade-creation benefits from AFTA and a greater likelihood of trade diversion once the AFTA scheme has been fully implemented. This similarity pattern explains the reasons for future collaboration among member countries and supportive arguments for the future extension of ASEAN ("ASEAN+". Market-penetration and development strategies should be employed by Thai exporters when accessing the ASEAN market.

  20. Globalisation, Trade Openness and Foreign Direct Investment in Romania

    Directory of Open Access Journals (Sweden)

    Dima Stela

    2016-11-01

    Full Text Available The paper analyses the trend of globalisation, trade openness and foreign direct investments (FDI in Romania and the link between them in the last 25 years. Data from UNCTAD, World Bank and KOF globalisation index were used in econometrical models testing the link between globalisation, trade openness and foreign direct investment. A strong positive and statistical validated link is found between globalisation and FDI, between trade openness and FDI, and between FDI and globalisation. In the context of Romanian economy, these three phenomena are interrelated and each of them is acting to potentiate the effect of the other. Moreover, a multivariate regression analysis emphasized the dependency between globalisation index and foreign direct investment, trade openness and market capitalisation. These results can be taken into account when national policies aiming to attract FDI and stimulating export-import activities are designed.

  1. Does trade liberalization effect energy consumption?

    International Nuclear Information System (INIS)

    Ghani, Gairuzazmi M.

    2012-01-01

    The effect of trade liberalization on the environment can be directly linked to energy consumption, because energy consumption and production are the underlying cause of most pollutants that harm the environment. The descriptive statistics show that average annual growth of energy consumption per capita after trade liberalization varies among countries; hence it is a possibility that the effect of trade liberalization is conditional on factors other than liberalization per se. The regression results show that trade liberalization per se does not affect the growth of energy consumption of the developing countries analyzed, but its interaction with capital per labor reduces the growth of energy consumption as capital per labor increases. However, the effect is only significant after a certain minimum threshold level capital per labor is reached. On the other hand, economic growth increases energy consumption and its effect is not conditioned on trade liberalization. These two different effects mean that, with regards to energy consumption, countries at a higher level of economic development are more likely to reap the benefit of liberalization relative to less developed countries. - Research highlights: ► This paper examines the effect of trade liberalization on energy consumption. ► Developed countries are more likely to reap the benefit of trade liberalization. ► Growth of energy consumption after trade liberalization varies among countries. ► Interaction of capital per labor with liberalization reduces energy consumption.

  2. The game of trading jobs for emissions

    International Nuclear Information System (INIS)

    Arto, I.; Rueda-Cantuche, J.M.; Andreoni, V.; Mongelli, I.; Genty, A.

    2014-01-01

    Following the debate on the implications of international trade for global climate policy, this paper introduces the topic of the economic benefits from trade obtained by exporting countries in relation to the emissions generated in the production of exports. In 2008, 24% of global greenhouse gas (GHG) emissions and 20% of the employment around the world were linked to international trade. China “exported” 30% of emissions and hosted 37.5% of the jobs generated by trade worldwide. The European Union and the United States of America were the destination of 25% and 18.4% of the GHG emissions embodied in trade. The imports of these two regions contributed to the creation of 45% of the employment generated by international trade. This paper proposes the idea of including trade issues in international climate negotiations, taking into account not only the environmental burden generated by developed countries when displacing emissions to developing countries through their imports, but also the economic benefits of developing countries producing the goods exported to developed countries. - Highlights: • Employment and trade issues should be considered in GHG emission reduction policies. • In 2008 24% of global GHG emissions and 20% of the employment are linked to trade. • 43% of GHG and 45% of employment embedded in trade are due to EU and US imports. • China exports 30% of the GHG and hosts 38% of the jobs generated by trade worldwide

  3. 15 CFR 806.18 - OMB control numbers assigned to the Paperwork Reduction Act.

    Science.gov (United States)

    2010-01-01

    ... 15 Commerce and Foreign Trade 3 2010-01-01 2010-01-01 false OMB control numbers assigned to the Paperwork Reduction Act. 806.18 Section 806.18 Commerce and Foreign Trade Regulations Relating to Commerce and Foreign Trade (Continued) BUREAU OF ECONOMIC ANALYSIS, DEPARTMENT OF COMMERCE DIRECT INVESTMENT...

  4. Online stock trading platform

    Directory of Open Access Journals (Sweden)

    Ion LUNGU

    2006-01-01

    Full Text Available The Internet is the perfect tool that can assure the market’s transparency for any user who wants to trade on the stock market. The investor can have access to the market news, financial calendar or the press releases of the issuers. A good online trading platform also provides real-time intraday quotes, trading history and technical analysis giving the investor a clearer view of the supply and demand in the market. All this information provides the investor a good image of the market and encourages him to trade. This paper wishes to draft the pieces of an online trading platform and to analyze the impact of developing and implementing one in a brokerage firm.

  5. Korea’s Trade Strategies for Mega Free Trade Agreements in Regional and Global Economic Integration

    Directory of Open Access Journals (Sweden)

    Sang-Chul Park

    2016-12-01

    Full Text Available Korea has developed rapidly since the 1960s. It is one of the four Asian tiger economies and a good model for developing countries. Korea shows the world how a developing country can develop its economy rapidly and become industrialized. Its development strategy has mainly been an export-oriented trade policy. As a result, its trade volume grew from $1 billion in 1966 to $1 trillion in 2011, which is a 1,000-fold increase within five decades. Since 2011, Korea has become one of seven countries with a trade volume over $1 trillion. However, the Korean economy has experienced turbulence as well as positive growth. It underwent severe economic crises such as the Asian financial crisis in 1997 and the global financial crisis in 2008. Its economy has been extremely vulnerable to the external economic environment, although it has improved and strengthened, particularly since the global financial crisis. During those two crises, the government carried out an appropriate trade policy with a strategic approach to upgrade its industrial structure and competitiveness in global markets. This article comprehensively discusses Korean trade policy and strategy over the last five decades, and how its national economy has developed rapidly. It also explores how the government sets its strategic targets in Asia and the Asia Pacific region. It considers two mega free trade agreements (FTAs — the Regional Comprehensive Economic Partnership and the Trans-Pacific Partnership — as new opportunities for further development. Therefore, it is wise to analyze these regional mega FTAs in order to maximize the national interest.

  6. Trade-offs between developmental parameters of two endoparasitoids developing in different instars of the same host species

    NARCIS (Netherlands)

    Malčická, Mima; Harvey, J.A.

    2014-01-01

    Trade-offs amongst life history traits is a major theme in evolutionary biology. Parasitoid wasps are important biological control agents and make excellent organisms to examine trade-offs in fitness related traits such as size, development rate and survival. Here, we examined trait-related

  7. Trading sulfur dioxide allowances

    International Nuclear Information System (INIS)

    Goldburg, C.B.; Lave, L.B.

    1992-01-01

    The 1990 Clean Air Act is aimed at generators larger than 25 MW, as these are the largest polluters. Market incentives give each source an emissions allocation but also flexibility. If a plant has lower emissions than the target, it can sell the 'surplus' emissions as allowances to plants that fail to meet the target. Only a few trades have occurred to date. Market-based incentives should lower the costs of improving environmental quality significantly. However, currently institutional dificulties hamper implementation

  8. Desired, Perceived, and Achieved Sustainability: Trade-Offs in Strategic and Operational Packaging Development

    Directory of Open Access Journals (Sweden)

    Bjorn de Koeijer

    2017-10-01

    Full Text Available The alignment of the strategic and the operational level of packaging development in relation to the integration of sustainability is not addressed extensively in current research. This paper aims to address this, by focusing on the decision-making interrelations of key actors (marketing and packaging development within multidisciplinary product-packaging development teams. The research is conducted by means of a qualitative approach, consisting of semi-structured interviews with individual packaging development team members, complemented with a newly developed visualization tool. The research builds upon eight cases within brand owners, packaging material suppliers and packaging development consultants. The main findings of the study include the decision-making trade-offs between sustainability considerations and other project indicators, such as costs, time-to-market and technical challenges. These trade-offs are linked to the strategic and operational roles of key actors, and to internal and external factors influencing sustainable development processes. This research’s contribution is to address the alignment of the strategic and the operational levels of sustainable packaging development, in relation to (1 decision making and interrelations within multidisciplinary development teams; and (2 the relevance of development-influencing factors. This provides opportunities for further development of sustainable packaging models and tools, in order to align the strategic and operational level of development.

  9. Institutional Quality, Trade Openness, and Financial Sector Development in Asia: An Empirical Investigation

    OpenAIRE

    Le, Thai-ha; Kim, Jungsuk; Lee, Minsoo

    2015-01-01

    We examine the determinants of financial development in Asia and the Pacific from 1995 to 2011. To do so, we apply the dynamic generalized method of moments to a panel data set of 26 economies in the region. We find that better governance and institutional quality foster financial development in developing economies while economic growth and trade openness are key determinants of financial depth in developed economies.

  10. International trade and inequality

    OpenAIRE

    Urata, Sh¯ujir¯o; Narjoko, Dionisius A.

    2017-01-01

    The impact of globalization on equality has become a serious concern for many countries. More evidence that challenges the theoretical prediction of positive impact of international trade on income distribution has increasingly become available recently. This paper addresses this subject, surveying the empirical findings on the impact of international trade on inequalities from various perspectives. The survey reveals that an increase in trade openness by developing countries appears to have ...

  11. 49 CFR 599.402 - Requirements and limitations for salvage auctions that are consigned trade-in vehicles under the...

    Science.gov (United States)

    2010-10-01

    ... that are consigned trade-in vehicles under the CARS program. 599.402 Section 599.402 Transportation... SAVE ACT PROGRAM Disposal of Trade-in Vehicle § 599.402 Requirements and limitations for salvage auctions that are consigned trade-in vehicles under the CARS program. (a) The salvage auction must: (1...

  12. Trading green electricity

    International Nuclear Information System (INIS)

    Davies, M.

    1997-01-01

    A study has been carried out into the feasibility of developing an electricity trading mechanism which would allow consumers to purchase electricity which has been derived from renewable energy resources. This study was part funded by the European Commission (ALTENER), the Department of Trade and Industry and a number of private sector companies. The trading mechanism is known as the Green Pool. As a result of the findings of this study discussions are being held with potential generators and suppliers to establish a Green Pool plc. The aim is to encourage the development of new renewable energy projects outside the NFFO and SRO schemes. The Green Pool plc will be owned by the generators and its main objective will be to market the electricity produced by its members. (Author)

  13. Trading emissions improve air quality

    International Nuclear Information System (INIS)

    Lents, J.M.

    1993-01-01

    While admitting sharply contrasting views exist, James M. Lents of the South Coast Air Quality Management District in southern California sees emissions trading open-quotes as a lifesaver for our troubled planet.close quotes He explains: open-quotes If political support for the environment is to be maintained, we must seek the most economical and flexible means of pursuing cleanup. At present, market incentives and emissions trading represent our best hope.close quotes Lents is putting his money where his pen is. The air quality management district he heads plans to use market incentives, including emissions trading, to reduce air pollution in the notoriously dirty southern California area. When the system goes into operation in 1994, he estimates it will save southern California businesses more than $400 million a year in compliance costs, while also making major improvements in the region's air quality. If the idea works there, why won't it work elsewhere, even on a global scale, Lents asks? He believes it will. But open-quotes the ultimate success of emissions-trading programs, whether regional, national, or international in scope, lies in the proof that they're actually achieving reductions in harmful emissions,close quotes he emphasizes. open-quotes These reductions must be real and verifiable to satisfy the Clean Air Act and a skeptical public.close quotes

  14. The education bias of 'trade liberalization' and wage inequality in developing countries

    NARCIS (Netherlands)

    D. Mamoon (Dawood); S.M. Murshed (Syed)

    2007-01-01

    textabstractThe aim of this paper is to examine the impact of increased trade on wage inequality in developing countries, and whether a higher human capital stock moderates this effect. We look at the skilled-unskilled wage differential. High initial endowments of human capital imply a more

  15. INTERNATIONAL TRADE WITH ONIONS

    Directory of Open Access Journals (Sweden)

    Radu Lucian PÂNZARU

    2013-01-01

    Full Text Available The paper refers to the global trade situation with onion, 2008-2010. Besides presenting the existing situation of the five units continents (Africa, America, Asia, Europe and Oceania study shows worldwide level of imports and exports, as well as its contribution to the performing acts of international exchange. Quantitative aspects of trade are filled with values data, that allowed the preparation of trade exchanges for this product. The main importer (in quantitative terms is represented by Asia, followed by Europe and at greater distance by the America, while the value of imports was dominated by operations performed in Europe, Asia and America - weights of 39.7 , 38.1 and 18.6% respective (of the world total. Concerning the quantity, the major players on the market exports are represented by Asia and Europe. They have dominated the world market, achieving 45.6 and respective 30.8% of world exports. America ranks third with a share of 17.4%. In terms of value, world exports were dominated by Asia, Europe and America (33.5, 32.7 and respective 26.7%, with a downward trend in the share of Asia and increasing European weights and American (compared to the specific situation of the quantities exported

  16. 17 CFR 14.4 - Violation of Commodity Exchange Act.

    Science.gov (United States)

    2010-04-01

    ... 17 Commodity and Securities Exchanges 1 2010-04-01 2010-04-01 false Violation of Commodity Exchange Act. 14.4 Section 14.4 Commodity and Securities Exchanges COMMODITY FUTURES TRADING COMMISSION... Exchange Act. The Commission may deny, temporarily or permanently, the privilege of appearing or practicing...

  17. 75 FR 77042 - Determination of Trade Surplus in Certain Sugar and Syrup Goods and Sugar Containing Products of...

    Science.gov (United States)

    2010-12-10

    ...) the United States--Peru Trade Promotion Agreement (Peru TPA), in the case of Peru. DATES: Effective... authority, the Office des Changes. Based on this data, USTR determines that Morocco's trade surplus is... United States--Peru Trade Promotion Agreement Implementation Act (Pub. L. 110-138; 19 U.S.C. 3805 note...

  18. 77 FR 56233 - National Advisory Committee for Labor Provisions of U.S. Free Trade Agreements; Notice of Open...

    Science.gov (United States)

    2012-09-12

    ....S. Free Trade Agreements; Notice of Open Meeting AGENCY: Bureau of International Labor Affairs, U.S... meeting is to discuss the implementation of the labor provisions of Free Trade Agreements (FTAs... Advisory Committee Act (FACA), as amended, 5 U.S.C. App. 2, the Office of Trade and Labor Affairs (OTLA...

  19. SOME THEORETICAL AND PRACTICAL ASPECTS CONCERNING THE NULLITY OF TRADING COMPANIES

    Directory of Open Access Journals (Sweden)

    Alexandra Gabriela Rolea

    2012-11-01

    Full Text Available Nullity is the civil legal sanction which determines the ineffectiveness of the juridical act, by depriving it of those effects that do not comply with the legal provisions enacted for its lawful conclusion. The sanction is applicable to both civil legal acts, among which the company contract, and legal entities, including trading companies, however, with different grounds and effects. In time, the legal doctrine has created a special category of commercial law nullities, with distinct features from those of common law nullities. In the new Civil code, the causes and effects of the company’s nullity have been taken in toto from the trading legislation and applied to all legal entities, irrespective of their legal status, which in turn has led to fierce controversies. The Article begins with a general overview of the causes and effects of the civil legal act’s nullity, including that of the company contract. The second part tackles the isssue of trading companies’ nullity, as well as that of all legal entities, according to both national and European legislation. The final part of the paper is dedicated to some proposals for the amendment and harmonization of the common law with the specific legislation on trading companies.

  20. DEVELOPMENT OF THE CONCEPT OF CORPORATE SOCIAL RESPONSIBILITY IN TRADE UNDER CONDITIONS OF MARKET GLOBALISATION

    OpenAIRE

    Svetlana Sokolov Mladenovic, Djordje Cuzovic,

    2015-01-01

    Under contemporary business conditions, market globalisation has become inevitable. Such relationships on the market make trade companies use different means to acquire and maintain long-term competitive advantage. One of them is the concept of corporate social responsibility, which is, under conditions of globalisation, seen as a redesign of the classic marketing concept. The aim of this paper is to highlight the development of corporate social responsibility in trade, in the context of mark...

  1. THE EU’S NEIGHBOURHOOD TRADE ARRANGEMENTS

    Directory of Open Access Journals (Sweden)

    Ludmila BORTA

    2015-12-01

    Full Text Available The elusive outcome of the Doha Round has increased the importance of the preferential trade agreements worldwide. Currently, the EU`s trade policy is driven by preferential negotiations. European bilateralism is important and extremely challenging. This union aims to conclude a significant number of deep and comprehensive free trade agreements, particularly by eliminating tariffs, and also by facilitating the trade of services, investments, procurement and regulatory matters. The EU has granted unilateral preferences to developing countries through tariff free access to the EU market, thereby helping them to eradicate poverty and promote sustainable development. Based on the primary motives of Europe’s preferential trade agreements, we have analysed the trade agreements negotiated with geographically close neighbours to which the EU is prepared to offer commercial accession or some slightly less ambitious type of relationship.

  2. The Development of Computer Policies in Government, Political Parties, and Trade Unions in Norway 1961-1983

    Science.gov (United States)

    Elgsaas, Knut; Hegna, Håvard

    A “Council for Government Electronic Data Processing” was established in 1961. This was the start of development of a common policy for computers and data within the public administration. In 1969-70, computers got on the agenda of political parties and the trade unions. In the course of the seventies and the beginning of the eighties the government, the political parties, and the trade unions established a more comprehensive view of data political questions that we will designate by the term data policy. This paper puts some light on the causes and forces that drove the evolvement of a data policy within these central sectors in Norway. We will also show how various actors of research, trade and industry, and political life influenced the development of data policy and present links between the actors that indicate that they mutually influenced each other.

  3. Trade networks in West Africa

    DEFF Research Database (Denmark)

    Walther, Olivier

    2014-01-01

    To date, most of the literature on trade networks in West Africa has considered networks in a metaphorical way. The aim of this paper is to go one step further by showing how social network analysis may be applied to the study of regional trade in West Africa. After a brief review of the literature......, this exploratory paper investigates two main issues related to regional trade. We start by discussing how recent developments in regional trade in West Africa have contributed to challenging the social structure of traders. We then discuss the changes that have affected the spatiality of regional trade by looking...

  4. 78 FR 58286 - Export Trade Certificate of Review

    Science.gov (United States)

    2013-09-23

    ... email at [email protected] . SUPPLEMENTARY INFORMATION: Title III of the Export Trading Company Act of 1982... following companies as new Members of OPEI's Certificate: Magic Circle Corporation d/b/a Dixie Chopper (Coatesville, IN) and Briggs & Stratton Corporation (Wauwatosa, WI). 2. Amend the definition of Products under...

  5. Methodological aspects on international biofuels trade: International streams and trade of solid and liquid biofuels in Finland

    International Nuclear Information System (INIS)

    Heinimoe, J.

    2008-01-01

    The use of biomass for fuel is increasing in industrialised countries. Rapidly developing biomass markets for energy purposes along with weak information on biofuels trade that statistics offer have been incentives for several recently published studies investigating the status of biofuels trade. The comparison of the studies is often challenging due particularly to the various approaches to the indirect trade of biofuels and the diverse data sources utilised. The purpose of this study was to provide an overview of the Finnish situation with respect to the status of the streams of international biofuels trade. Parallel to this, the study aimed to identify methodological and statistical challenges in observing international biofuels trade. The study analysed available statistical information and introduced a procedure to obtain a clear overview on import and export streams of biofuels. In Finland, the total direct import and export of biofuels, being mainly composed of wood pellets and tall oil, is tiny in comparison with the total consumption of biofuels. Instead, the indirect trade has remarkable importance. Large import volumes of industrial raw wood make Finland a net importer of biofuels. In 2004, approximately 22% (64 PJ) of wood-based energy in Finland originated from imported wood. The study showed that the indirect trade of biofuels may be a significant sector of global biofuels trade. In the case of Finland, a comprehensive compilation of statistics on energy and forestry enabled the determination of the trade status satisfactory. However, national and international statistics should be further developed to take better into consideration international trade and to support continuously developing biofuels markets. (author)

  6. Key Trends in the Development of Foreign Trade of France in the Global Competitive Environment

    Directory of Open Access Journals (Sweden)

    Zvirgzde Kateryna I.

    2016-01-01

    Full Text Available The article is aimed at analyzing the nature and contemporary trends of foreign trade activity of France. In the process of evolutionary development of the economy of France in content, structure and directions of its foreign trade strategies occurred permanent modifications and transformations, resulting from the need to maintain optimal proportions between material, financial and human resources, production and consumption, commodity supply and purchasing power, as well as receipts and payments in the settlements with other countries. The article is concerned with an integrated analysis of progressive structural reforms in the economic system of France in the last decade, which led to fundamental changes in its foreign trade operations both in terms of monetary magnitude of export-import transactions and their product-species, geographical, institutional and regulatory structures. The nature, key indicators, trends and issues in the foreign trade strategy of France in the face of global volatility as well as ways for its improvement have been researched.

  7. International trade. Multinational aspects.

    Science.gov (United States)

    Ozawa, Y

    2000-01-01

    Of numerous regional economic agreements, the European Union (EU), the North American Free Trade Agreement (NAFTA), South American Common Market (MERCOSUR), the Association of Southeast Asian Nations (ASEAN), the South Asian Association for Regional Cooperation (SAARC) and the Australia-New Zealand Closer Economic Relations Agreement are examples that are actively pursuing regional integration for freer trade of animals and animal products. The World Trade Organization (WTO) believes that regional and multinational integration initiatives are complements rather than alternatives in the pursuit of more open trade. In the efforts to harmonize SPS standards among multilateral trading nations, it is recommended that national requirements meet the standards developed by the OIE and the FAO/WHO Codex Alimentarius Commission as the minimum requirements rather than adopting the standards of the lowest common denominator. Regional grouping may hinder multilateral or bilateral trade between the countries of a group and those of the other groups. How to eliminate such non-tariff barriers as traditional trade custom remains to be examined. Ongoing activities of VICH (Harmonisation of Technical Requirements for Registration of Veterinary Medical Products) may pave the way for more open trade in pharmaceutical products between multilateral regional groups.

  8. The World Trade Organization and the environment

    International Nuclear Information System (INIS)

    Rao, P.K.

    2000-09-01

    This book explains the role and limitations of liberalized international trade on the global environment and sustainable development. A distinguishing feature of this book is an integration of trade, environment and development perspectives for operationally meaningful policy purposes. The topics explored include an analysis of the global trade regimes, their interrelationships with the existing multilateral environmental agreements, institutional mechanisms governed by the World Trade Organization, and a framework for pragmatic reforms. (author)

  9. Anonymous electronic trading versus floor trading

    OpenAIRE

    Franke, Günter; Hess, Dieter

    1995-01-01

    This paper compares the attractiveness of floor trading and anonymous electronic trading systems. It is argued that in times of low information intensity the insight into the order book of the electronic trading system provides more valuable information than floor trading, but in times of high information intensity the reverse is true. Thus, the electronic system's market share in trading activity should decline in times of high information intensity. This hypothesis is tested by data on BUND...

  10. Trading Fees and Slow-Moving Capital

    OpenAIRE

    Buss, Adrian; Dumas, Bernard J

    2015-01-01

    In some situations, investment capital seems to move slowly towards profitable trades. We develop a model of a financial market in which capital moves slowly simply because there is a proportional cost to moving capital. We incorporate trading fees in an infinite-horizon dynamic general-equilibrium model in which investors optimally and endogenously decide when and how much to trade. We determine the steady-state equilibrium no-trade zone, study the dynamics of equilibrium trades and prices a...

  11. Globalization Crises, Trade,and Development in Vietnam

    DEFF Research Database (Denmark)

    Abbott, Philip; Tarp, Finn

    Vietnam has been among the most successful East Asian economies, especially in weathering the external shocks of recent globalization crises—the 1997-98 Asian financial crisis and the 2008-09 great recession, financial crisis and collapse of global trade. Its success contradicts its characterizat......Vietnam has been among the most successful East Asian economies, especially in weathering the external shocks of recent globalization crises—the 1997-98 Asian financial crisis and the 2008-09 great recession, financial crisis and collapse of global trade. Its success contradicts its...... that dependence and bolster the domestic economy while continuing to restructure the economy toward greater emphasis on the private sector. Growth, employment and poverty alleviation have been maintained at the expense of renewed inflation, larger budget deficits, and currency depreciation. The ‘stop-go’ nature...

  12. Trade Analysis and Safeguards

    International Nuclear Information System (INIS)

    Chatelus, R.; Schot, P.M.

    2010-01-01

    In order to verify compliance with safeguards and draw conclusions on the absence of undeclared nuclear material and activities, the International Atomic Energy Agency (IAEA) collects and analyses trade information that it receives from open sources as well as from Member States. Although the IAEA does not intervene in national export controls, it has to monitor the trade of dual use items. Trade analysis helps the IAEA to evaluate global proliferation threats, to understand States' ability to report exports according to additional protocols but also to compare against State declarations. Consequently, the IAEA has explored sources of trade-related information and has developed analysis methodologies beyond its traditional safeguards approaches. (author)

  13. 77 FR 31880 - Operating Instructions for Implementing the Amendments to the Trade Act of 1974 Enacted by the...

    Science.gov (United States)

    2012-05-30

    ... apply for TAA benefits and services with Office of Trade Adjustment Assistance (OTAA) in the Department... criteria that test whether the group of workers was adversely affected by international trade have been met..., added to the TAA program in 1993 to provide benefits to workers who lost their jobs because of trade...

  14. 75 FR 6678 - Agency Information Collection Activities: Customs and Trade Partnership Against Terrorism (C-TPAT)

    Science.gov (United States)

    2010-02-10

    ... Activities: Customs and Trade Partnership Against Terrorism (C-TPAT) AGENCY: U.S. Customs and Border... Terrorism (C-TPAT). This request for comment is being made pursuant to the Paperwork Reduction Act of 1995... Against Terrorism (C-TPAT). OMB Number: 1651-0077. Form Number: None. Abstract: The Customs and Trade...

  15. CO2 emissions, real output, energy consumption, trade, urbanization and financial development: testing the EKC hypothesis for the USA.

    Science.gov (United States)

    Dogan, Eyup; Turkekul, Berna

    2016-01-01

    This study aims to investigate the relationship between carbon dioxide (CO2) emissions, energy consumption, real output (GDP), the square of real output (GDP(2)), trade openness, urbanization, and financial development in the USA for the period 1960-2010. The bounds testing for cointegration indicates that the analyzed variables are cointegrated. In the long run, energy consumption and urbanization increase environmental degradation while financial development has no effect on it, and trade leads to environmental improvements. In addition, this study does not support the validity of the environmental Kuznets curve (EKC) hypothesis for the USA because real output leads to environmental improvements while GDP(2) increases the levels of gas emissions. The results from the Granger causality test show that there is bidirectional causality between CO2 and GDP, CO2 and energy consumption, CO2 and urbanization, GDP and urbanization, and GDP and trade openness while no causality is determined between CO2 and trade openness, and gas emissions and financial development. In addition, we have enough evidence to support one-way causality running from GDP to energy consumption, from financial development to output, and from urbanization to financial development. In light of the long-run estimates and the Granger causality analysis, the US government should take into account the importance of trade openness, urbanization, and financial development in controlling for the levels of GDP and pollution. Moreover, it should be noted that the development of efficient energy policies likely contributes to lower CO2 emissions without harming real output.

  16. Terms of trade and exchange rate regimes in developing countries

    OpenAIRE

    Christian Broda

    2002-01-01

    Since Friedman (1953), an advantage often attributed to flexible exchange rate regimes over fixed regimes is their ability to insulate more effectively the economy against real shocks. I use a post-Bretton Woods sample (1973-96) of seventy-five developing countries to assess whether the responses of real GDP, real exchange rates, and prices to terms-of-trade shocks differ systematically across exchange rate regimes. I find that responses are significantly different across regimes in a way tha...

  17. 75 FR 41432 - Trade Adjustment Assistance for Farmers

    Science.gov (United States)

    2010-07-16

    ... Trade Act of 2002 (Pub. L. 107-210) states that petitions must demonstrate, using data for the most recent, full marketing year or full official marketing season, a greater than 15- percent decline in at... an increase in imports of articles like or directly competitive, during the same marketing period...

  18. INNOVATIONS OF THE TRADE MARKETING IN LATVIA

    OpenAIRE

    Spīča, Inese; Spīčs, Ernests

    2010-01-01

    In the rapidly changing environment contemporary marketing activities affects educational programms. The paper analyze the marketing and sales current events in Latvia. In this paper given a substantive explanation of trade marketing and trade marketing development opportunities for Latvia, trade marketing new development areas and to clarify their learning opportunities in Latvia.

  19. Virtual gas. The TTF. Principles, judicial implications and the new Dutch Natural Gas Act

    International Nuclear Information System (INIS)

    Zafirova, Z.Z.

    2009-01-01

    Crucial legal and regulatory aspects of gas transactions taking place at virtual trading locations, in particular at the TTF (Title Transfer Facility) are described. The second section provides a factual description of the establishment and development of the TTF in the framework of the liberalization of the Dutch gas market and the products that are traded at the TTF. The third section elaborates on a number of legal issues in the framework of the contractual relations on a virtual hub (as the TTF). The fourth section discusses the role of the Bill for a New Gas Act. [nl

  20. Federal Trade Commission's authority to regulate marketing to children: deceptive vs. unfair rulemaking.

    Science.gov (United States)

    Pomeranz, Jennifer L

    2011-01-01

    Food and beverage marketing directed at children is of increasing concern to the public health and legal communities. The new administration at the Federal Trade Commission and abundant science on the topic make it a particularly opportune time for the government to reconsider regulating marketing directed at youth. This Article analyzes the Commission's authority to regulate food and beverage marketing directed at children under its jurisdiction over unfair and deceptive acts and practices to determine which avenue is most viable. The author finds that the Federal Trade Commission has the authority to regulate deceptive marketing practices directed at vulnerable populations. Although the Commission can issue individual orders, its remedial power to initiate rules would better address the pervasiveness of modern marketing practices. The Commission does not currently have the power to regulate unfair marketing to children; however, even if Congress reinstated this authority, the Commission's authority over deceptive marketing may be preferable to regulate these practices. Deceptive communications are not protected by the First Amendment and the deceptive standard matches the science associated with marketing to children. The Federal Trade Commission has the authority to initiate rulemaking in the realm of food and beverage marketing to children as deceptive communications in interstate commerce, in violation of the Federal Trade Commission Act. However, to effectuate this process, Congress would need to grant the Commission the authority to do so under the Administrative Procedures Act.

  1. What Prospects for the World Trading System?

    Directory of Open Access Journals (Sweden)

    Agnes Ghibuțiu

    2014-07-01

    Full Text Available New developments and dramatic changes are under way in the world trading system. This paper aims to take stock of the latest and most relevant developments and highlight the prospects for global trade governance. The focus is on three major issues, i.e. : (1 the outcome of the Ninth WTO Ministerial Conference in December 2013 in Bali (Indonesia and especially its significance for enhancing the multilateral trading system; (2 the accelerated pace and scale of negotiations on regional trade agreements (RTAs and their wider impact; and (3 the positive results of continued unilateral trade liberalization efforts, in contrast with the pervasiveness of crisis-related protectionist measures. The paper concludes that, despite improved prospects for multilateral trade liberalization following the last WTO Ministerial Conference, the world trading system is becoming more fragmented and less coherent, and also more uncertain, being increasingly driven by RTAs and a variable geometry approach to WTO trade agreements.

  2. A Survey of the Economics of Fair Trade

    OpenAIRE

    Dammert, Ana C.; Mohan, Sarah

    2014-01-01

    Fair Trade has spread in developing countries as an initiative aimed at lifting poor smallholder farmers out of poverty by providing them with premium prices, availability of credit, and improved community development and social goods. Fair Trade is also viewed as a niche market for high value products in a context of globalization and trade liberalization policies that affect smallholder farmers in developing countries. The question of whether Fair Trade affects the welfare of rural farmers,...

  3. The Influence of Low-carbon Economy on Global Trade Pattern

    Science.gov (United States)

    Xiao-jing, Guo

    Since global warming has seriously endangered the living environment of human being and their health and safety, the development of low-carbon economy has become an irreversible global trend. Under the background of economic globalization, low-carbon economy will surely exert a significant impact on global trade pattern. Countries are paying more and more attention to the green trade. The emission permits trade of carbon between the developed countries and the developing countries has become more mature than ever. The carbon tariff caused by the distribution of the "big cake" will make the low-cost advantage in developing countries cease to exist, which will, in turn, affect the foreign trade, economic development, employment and people's living in developing countries. Therefore, under the background of this trend, we should perfect the relevant laws and regulations on trade and environment as soon as possible, optimize trade structure, promote greatly the development of service trade, transform thoroughly the mode of development in foreign trade, take advantage of the international carbon trading market by increasing the added value of export products resulted from technological innovation to achieve mutual benefit and win-win results and promote common development.

  4. 78 FR 43974 - Energy and Water Use Labeling for Consumer Products Under the Energy Policy and Conservation Act...

    Science.gov (United States)

    2013-07-23

    ... FEDERAL TRADE COMMISSION 16 CFR Part 305 [3084-AB15] Energy and Water Use Labeling for Consumer Products Under the Energy Policy and Conservation Act (Energy Labeling Rule) AGENCY: Federal Trade...'') in 1979,\\1\\ pursuant to the Energy Policy and Conservation Act of 1975 (EPCA).\\2\\ The Rule requires...

  5. Analyzing Information Systems Development: A Comparison and Analysis of Eight IS Development Approaches.

    Science.gov (United States)

    Iivari, Juhani; Hirschheim, Rudy

    1996-01-01

    Analyzes and compares eight information systems (IS) development approaches: Information Modelling, Decision Support Systems, the Socio-Technical approach, the Infological approach, the Interactionist approach, the Speech Act-based approach, Soft Systems Methodology, and the Scandinavian Trade Unionist approach. Discusses the organizational roles…

  6. Nutrition labelling is a trade policy issue: lessons from an analysis of specific trade concerns at the World Trade Organization.

    Science.gov (United States)

    Thow, Anne Marie; Jones, Alexandra; Hawkes, Corinna; Ali, Iqra; Labonté, Ronald

    2017-01-12

    Interpretive nutrition labels provide simplified nutrient-specific text and/or symbols on the front of pre-packaged foods, to encourage and enable consumers to make healthier choices. This type of labelling has been proposed as part of a comprehensive policy response to the global epidemic of non-communicable diseases. However, regulation of nutrition labelling falls under the remit of not just the health sector but also trade. Specific Trade Concerns have been raised at the World Trade Organization's Technical Barriers to Trade Committee regarding interpretive nutrition labelling initiatives in Thailand, Chile, Indonesia, Peru and Ecuador. This paper presents an analysis of the discussions of these concerns. Although nutrition labelling was identified as a legitimate policy objective, queries were raised regarding the justification of the specific labelling measures proposed, and the scientific evidence for effectiveness of such measures. Concerns were also raised regarding the consistency of the measures with international standards. Drawing on policy learning theory, we identified four lessons for public health policy makers, including: strategic framing of nutrition labelling policy objectives; pro-active policy engagement between trade and health to identify potential trade issues; identifying ways to minimize potential 'practical' trade concerns; and engagement with the Codex Alimentarius Commission to develop international guidance on interpretative labelling. This analysis indicates that while there is potential for trade sector concerns to stifle innovation in nutrition labelling policy, care in how interpretive nutrition labelling measures are crafted in light of trade commitments can minimize such a risk and help ensure that trade policy is coherent with nutrition action. © The Author 2017. Published by Oxford University Press. All rights reserved. For Permissions, please email: journals.permissions@oup.com.

  7. 75 FR 8682 - Sunshine Act Meetings

    Science.gov (United States)

    2010-02-25

    ... futures and options in the precious and base metals markets, and to consider Federal position limits in... precious and base metals markets and related hedge exemptions on regulated futures exchanges, derivatives... COMMODITY FUTURES TRADING COMMISSION Sunshine Act Meetings Agency Holding the Meeting: Commodity...

  8. BENEFITS AND DRAWBACKS OF ONLINE TRADING VERSUS TRADITIONAL TRADING. EDUCATIONAL FACTORS IN ONLINE TRADING

    Directory of Open Access Journals (Sweden)

    Petric (Iancu Ioana Ancuta

    2015-07-01

    Full Text Available In terms of marketing, online trading is a new distribution channel and trading platforms are products of Investment and Financial Services Companies. Internet shortens the connection between the investor and the products they wish to purchase (shares, futures, CFDs, government securities, bonds, etc., and in some cases it no longer needs a security broker. Increasing use of the Internet and increasing competitiveness between Investment and Financial Services Companies do the latter, to seek new distribution channels to specific products. The purpose of this paper is to examine to what extent the investor education level affects the decision to move from traditional trading to online trading and the benefits and disadvantages of these types of transactions. To whom should the Investment and Financial Services Companies guide their marketing campaign to attract more investors for online platforms? The work presented is part of a larger project that will be part of author thesis, studying other factors that influence the decision to move from traditional to online trading: cost factor, time factor, psychological and social attributes of investors, yield portfolios and technological capacities of Investment and Financial Services Companies. Starting from the idea that with the increase of experience in stock investments the investors will want to make their own decisions, Investment and Financial Services Companies should provide new products. Compared to competitors, an Investment and Financial Services Company must innovate, and information technology currently offers the tools for innovation facilities. At the same time, the existence and development of the Internet has made the transaction without assistance or with minimal human intervention possible (Voss, 2000. The difference is in the knowledge about stock market, the speed the transaction orders arrive in the stock market, direct access to multiple markets, transaction costs and the level

  9. 75 FR 59685 - Trade Adjustment Assistance for Farmers

    Science.gov (United States)

    2010-09-28

    ... Title I of the Trade Act of 2002 (Pub. L. 107-210) states that petitions must demonstrate, using data for the most recent, full marketing year or full official marketing season, a greater than 15- percent... that an increase in imports of like or directly competitive articles, during the same marketing period...

  10. 75 FR 59681 - Trade Adjustment Assistance for Farmers

    Science.gov (United States)

    2010-09-28

    ... Title I of the Trade Act of 2002 (Pub. L. 107-210) states that petitions must demonstrate, using data for the most recent, full marketing year or full official marketing season, a greater than 15- percent... that an increase in imports of like or directly competitive articles, during the same marketing period...

  11. The Trading Potential of Eastern Europe

    OpenAIRE

    Wang, Zhen Kun; Winters, L. Alan

    1991-01-01

    This paper fits a gravity model to the trade of 76 market economies. It then applies the model to data on East European economies to estimate what their trading potential might have been, had behaved like market economies in the mid-1980s. At existing levels of national income, the liberalization of Eastern Europe and the Soviet Union is unlikely to affect their mutual trade and trade with developing countries, but it will increase trade with industrial counties by factors of three to thirty....

  12. 15 CFR 785.2 - Violations of the Act subject to administrative and criminal enforcement proceedings.

    Science.gov (United States)

    2010-01-01

    ... 15 Commerce and Foreign Trade 2 2010-01-01 2010-01-01 false Violations of the Act subject to administrative and criminal enforcement proceedings. 785.2 Section 785.2 Commerce and Foreign Trade Regulations Relating to Commerce and Foreign Trade (Continued) BUREAU OF INDUSTRY AND SECURITY, DEPARTMENT OF COMMERCE...

  13. 75 FR 8918 - Approval for Subzone Expansion and Expanded Manufacturing Authority; Foreign-Trade Subzone 119B...

    Science.gov (United States)

    2010-02-26

    ... and Expanded Manufacturing Authority; Foreign-Trade Subzone 119B, Uponor, Inc. (Polyethylene Tubing); Apple Valley, MN Pursuant to its authority under the Foreign-Trade Zones Act of June 18, 1934, as... Zone 119 (Minneapolis, Minnesota), has submitted a request on behalf of Uponor, Inc. (Uponor), operator...

  14. Trade and Sectoral Productivity

    OpenAIRE

    Fadinger, Harald; Fleiss, Pablo

    2008-01-01

    Even though differences in sectoral total factor productivity are at the heart of Ricardian trade theory and many models of growth and development, very little is known about their size and their form. In this paper we try to fill this gap by using a Hybrid-Ricardo-Heckscher-Ohlin trade model and bilateral sectoral trade data to overcome the data problem that has limited previous studies, which have used input and output data to back out productivities, to a small number of OECD economies. We...

  15. Further development of the EU Emissions Trading Scheme in Germany and the European Union under consideration of experiences in other EU Member States; Weiterentwicklung des Emissionshandels - national und auf EU-Ebene

    Energy Technology Data Exchange (ETDEWEB)

    Wartmann, S; Klaus, S; Scharte, M; Harnisch, J [Ecofys GmbH, Nuernberg (Germany); Heilmann, S; Bertenrath, R [FiFo Koeln (Germany)

    2008-02-15

    The study analyses options for further development of the EU Emissions Trading Scheme (EU-ETS) after 2012. The first analysis focuses on the effects of the EU-ETS on companies, power prices, competitiveness and employment. It is followed by an analysis of overlaps or lacking coverage regarding the climate policies EU-ETS, Eco-Tax (Oekosteuer) resp. Energy Tax, the Renewable Energy Sources Act and the Combined Heat and Powert Act. These instruments are analysed with regards to their coherence. As a next step, the national allocation plans of France, The Netherlands, the United Kingdom and Poland are evaluated and recommendations are developed. Best practice recommendations for further developing the EU-ETS after 2012 both at the European and the national level are developed from the comparison of these European national allocation plans. Finally, design features of certificate systems relevant for international linking of such systems are addressed. In the analysis such design features are identified and approaches for problems potentially arising when certificate systems are linked, are developed. (orig.)

  16. Economic aspects of virtual water trade

    Science.gov (United States)

    Oki, Taikan; Yano, Shinjiro; Hanasaki, Naota

    2017-04-01

    Although water is rarely traded over long distances by itself, the total weight of the water consumed to produce traded commodities exceeds the weight of any other commodity traded in the world. This concept is known as virtual water trade. Although space-/time-/commodity-based quantification has been conducted extensively, the underlying causes of this peculiar feature have thus far received little exploration. Here, we use estimates of water consumption from a global hydrological model and statistical data related to food trade to elucidate three facts that explain the fundamental nature of virtual water trade with respect to alleviating water scarcity. First, we quantitatively illustrate the unique position of water among commodities based on its unit price and quantity of sales. Water has an extremely low unit price, and a tremendous volume of water is consumed per person each day. Second, we show that rich but water-scarce countries tend to reduce local water consumption by importing virtual water. Third, we demonstrate that nations characterized by net virtual water exports have higher water resources and income per capita and that no countries fall below a certain threshold with respect to both GDP and water resources. These points suggest that the virtual water trade is explained by economic characteristics of water and that sustainable development depends on promoting the co-development of poverty alleviation and water resource development.

  17. The liberalization of the international trade, service of the sustainable development: Myth or reality

    International Nuclear Information System (INIS)

    Quenault, Beatrice

    1999-01-01

    The growing opening of the economy raises more and more strong concerns as for the possible negative effects on the environment. If this is not the main cause of the damages caused to the environment, however the liberalization of the exchanges can enlarge the ecological problems. Simultaneously, the pressures are accentuated for the implementation of commercial instruments with environmental ends since to facilitate the setting in March; certain multilateral agreements of environment (AMMA) commercial clauses behave (restrictions to the import and the export). This way, the AMMA can be considered as restrictive factors to the economic globalization, and we can wonder about their compatibility with the multilateral agreements of free trade (GATT, general agreement on tariffs and trade and the OMC, world organization of the trade). But if certain norms or environmental legislation that restrict, the imports or exports are perceived, from the commercial point of view, as barriers you would not tariff that they constitute an obstacle to the liberalization of the trade; on the contrary an absence or inadequacy in the environmental regulation or in their application it can be considered as a hidden grant, reducing the competitiveness of the products of the countries where the norms are more severe and whose legislation are respected (ecological dumping, source of distortions). This is one of the reasons that took to the integration of environmental concerns in recent such commercial agreements as the ALCNA (I agree of Free North American north trade) or the Uruguayan Ronda of the GATT. The objective of this article is to be interested successively on some relative current debates to the relationships between the international trade and the environment in the breast of the OMC and envelope the recent problem of the promotion of the sustainable development through the liberation of the trade. This thesis, adopted by the conference of river, is today in day the mark of

  18. 75 FR 60352 - Notice of Proposed Rulemaking: Mortgage Acts and Practices - Advertising Rule

    Science.gov (United States)

    2010-09-30

    ... Acts and Practices - Advertising Rule AGENCY: Federal Trade Commission (FTC or Commission). ACTION...) relating to unfair or deceptive acts and practices that may occur with regard to mortgage advertising, the Mortgage Acts and Practices (MAP) - Advertising Rule (proposed rule). The proposed rule published for...

  19. Detecting wash trade in the financial market

    OpenAIRE

    Cao, Yi; Li, Yuhua; Coleman, Sonya; Belatreche, Ammar; McGinnity, T. M.

    2014-01-01

    Wash trade refers to the activities of traders who utilise deliberately designed collusive transactions to increase the trading volumes for creating active market impression. Wash trade can be damaging to the proper functioning and integrity of capital markets. Existing work focuses on collusive clique detections based on certain assumptions of trading behaviours. Effective approaches for analysing and detecting wash trade in a real-life market have yet to be developed. T...

  20. Summarizing the evidence on the international trade in illegal wildlife.

    Science.gov (United States)

    Rosen, Gail Emilia; Smith, Katherine F

    2010-08-01

    The global trade in illegal wildlife is a multi-billion dollar industry that threatens biodiversity and acts as a potential avenue for invasive species and disease spread. Despite the broad-sweeping implications of illegal wildlife sales, scientists have yet to describe the scope and scale of the trade. Here, we provide the most thorough and current description of the illegal wildlife trade using 12 years of seizure records compiled by TRAFFIC, the wildlife trade monitoring network. These records comprise 967 seizures including massive quantities of ivory, tiger skins, live reptiles, and other endangered wildlife and wildlife products. Most seizures originate in Southeast Asia, a recently identified hotspot for future emerging infectious diseases. To date, regulation and enforcement have been insufficient to effectively control the global trade in illegal wildlife at national and international scales. Effective control will require a multi-pronged approach including community-scale education and empowering local people to value wildlife, coordinated international regulation, and a greater allocation of national resources to on-the-ground enforcement.

  1. Trade in Andean Condor Vulture gryphus feathers and body parts in ...

    African Journals Online (AJOL)

    commitments under international conventions and act immediately to stop this illegal trade, which is further threatening a species that is already in a precarious situation. Resumen. La venta de ... level (IUCN 2011) and Endangered in Peru.

  2. The Doha Trade Round and Mozambique

    OpenAIRE

    Arndt, Channing

    2005-01-01

    This paper considers the potential implications of the Doha Development Agenda, as well as other trade liberalization scenarios, for Mozambique. An applied general equilibrium model, which accounts for high marketing margins and home consumption in the Mozambique economy, is linked to results from the GTAP model of global trade. In addition, a microsimulation module is used to consider the subsequent implications of trade liberalization for poverty. The implications of trade liberalization, p...

  3. 75 FR 34983 - Order (1) Pursuant to Section 4(c) of the Commodity Exchange Act, Permitting the Kansas City...

    Science.gov (United States)

    2010-06-21

    ... Act, Permitting the Kansas City Board of Trade Clearing Corporation To Clear Over-the-Counter Wheat Calendar Swaps and (2) Pursuant to Section 4d of the Commodity Exchange Act, Permitting Customer Positions... contract market, and its wholly- owned subsidiary corporation, the Kansas City Board of Trade Clearing...

  4. Human Rights Act, 12 February 1987.

    Science.gov (United States)

    1987-01-01

    This document reprints major provisions of the Yukon's (Canada) 1987 Human Rights Act. The Act furthers the public policy that every individual is free and equal in dignity and rights, seeks to discourage and eliminate discrimination, and promotes the underlying principles of Canadian and international human rights instruments. Part 1 contains a Bill of Rights that protects the right to freedom of: 1) religion and conscience, 2) expression, 3) assembly and association, and 4) to enjoyment and disposition of property. Part 2 prohibits discrimination based on ancestry (including color and race), national origin, ethnic or linguistic background or origin, age, sex (including pregnancy), and marital or family status. Discrimination is also prohibited when offering services, goods, or facilities to the public; in connection with employment; in connection with membership in trade unions or trade, occupational, or professional associations; and in negotiation or performance of public contracts. The Bill of Rights lists reasonable causes for discrimination as well as exemptions, including preferential treatment for organization or family members or employment in a private home. Special programs and affirmative action programs are specifically not considered discrimination under this Act. The Act sets forth rules for providing equal pay for work of equal value and creates a Yukon Human Rights Commission to promote human rights and assist adjudication of complaints.

  5. Trading volume and the number of trades

    OpenAIRE

    Marwan Izzeldin

    2007-01-01

    Trading volume and the number of trades are both used as proxies for market activity, with disagreement as to which is the better proxy for market activity. This paper investigates this issue using high frequency data for Cisco and Intel in 1997. A number of econometric methods are used, including GARCH augmented with lagged trading volume and number of trades, tests based on moment restrictions, regression analysis of volatility on volume and trades, normality of returns when standardized by...

  6. Services Trade: Past Liberalization and Future Challenges

    OpenAIRE

    Gary Hufbauer; Sherry Stephenson

    2007-01-01

    Services trade has truly become an engine of world growth. Over the past two decades, international trade in services has grown faster than world merchandize trade, which in turn has grown faster than world output. A combination of policy liberalization and technological progress has facilitated trade in many previously untradable services. However, very little progress has been made towards new policy liberalization in the ongoing Doha Development Round. This article discusses trade in servi...

  7. EnviroTRADE information system

    International Nuclear Information System (INIS)

    Harlan, C.; Harrington, M.W.

    1993-01-01

    Environmental Technologies for Remedial Actions Data Exchange (EnviroTRADE) is a graphical/textual information management system being developed for the cleanup program of the U.S. Department of Energy's (DOE) Weapons Complex. Its principal purpose is to provide a single, powerful, interactive database that addresses environmental restoration and waste management (ER/WM) problems and the technologies currently under development or already available to resolve them. Because the volume and complexity of the information is so large, a sophisticated Relational Database Management System (RDBMS) is employed in EnviroTRADE. EnviroTRADE will be a multi-purpose, multi-user system capable of addressing a broad range of environmental assessment and cleanup issues. An early focus for the Beta version of EnviroTRADE has been to find matches between specific environmental problems at particular sites (e.g., in terms of waste composition and form) and available and new technologies suited to solve problems. The current prototype EnviroTRADE database includes both U.S. and foreign problems and technologies. A Beta version was developed and demonstrated during FY92 and was expanded in FY93. This system was delivered to EM-523 as a stand-alone resident system for demonstration and feedback purposes. The resident system demonstrates the feasibility of this kind of multi-purpose system and also provides a test bed for refining the system architecture. As the architecture and database grow, an increasing range of possible applications is envisioned. The ability to import very large quantities of graphical, textual, and numerical information into the database is of particular importance. Since a great deal of appropriate data already exists in various electronic formats, a rapid expansion into EnviroTRADE-accessible data is possible without relying on manual entry methods

  8. Regional Trade Agreement and Agricultural Trade in East African ...

    African Journals Online (AJOL)

    Intra-EAC trade is very low, that is, at 9 per cent of the total regional trade, but it is on upward trend. Agricultural trade accounts for over 40 per cent of the intra-EAC trade. This study investigated the effect of EAC regional trade agreement on the regions agricultural trade by analyzing the degree of trade creation and ...

  9. Promotion of trade in service in developing economy: challenges and prospects

    Directory of Open Access Journals (Sweden)

    AA Okharedia

    2014-01-01

    Full Text Available In the past, trade in services was not considered important by international Economists. One of the main arguments put forward for ignoring the concept of trade in service was that services were non- tradable In view of this, this paper attempts to investigate the role played by service industries and the associated challenges in a developing economy with particular reference to the SADC countries. This investigation shows that the service industries are uncompetitive and inefficient when compared with their peers in developed economy. This paper recommends that there is an urgent need for a major-shake up especially within the core economic infrastructure services. This paper also highlights that the service industries in the SADC region contributes greatly to GDP, creates employment opportunity, improved access to transport which translates into improved access to customers and suppliers. The transport sector is of crucial importance in poverty alleviation and regional economic integration. Some of the challenges identified include, the need for SADC countries to conform to international standards in delivery of its services since most SADC countries are members of GATS, ILO and WTO. The other challenge is the different legislative framework in the service industries within the SADC region. There is an urgent need to harmonise the different legislative framework.

  10. Trade creation and trade diversion in the Canada - United States Free Trade Agreement

    OpenAIRE

    Kimberly A. Clausing

    2001-01-01

    In this paper the changes in trade patterns introduced by the Canada-United States Free Trade Agreement are examined. Variation in the extent of tariff liberalization under the agreement is used to identify the impact of tariff liberalization on the growth of trade both with member countries and non-member countries. Data at the commodity level are used, and the results indicate that the Canada-United States Free Trade Agreement had substantial trade creation effects, with little evidence of ...

  11. ACTS for distance education in developing countries

    Science.gov (United States)

    Kalu, A.; Ventre, G.

    1995-08-01

    The need for electrical energy supply in the rural communities of developing countries has been well documented. Equally well known is the potential for photovoltaic in cost effectively meeting this need. A major impediment to fulfilling the need is the lack of indigenous personnel with a knowledgeof photovoltaic systems, and the associated infrastructure required to implement project. Various delivery schemes for providing the needed training to developing countries personnel have been investigated. Various train methods and programs that have been employed to remedy the problem have had significant drawbacks in terms of cost, consistency, impact, reach, and sustainability. The hypothesis to be tested in this project posits that satellite-based distance education using ACTS technologies can overcome these impediments. The purpose of the project is to investigate the applicability of the ACTS satellite in providing distance education in photovoltaic systems to developing countries and rural communities. An evaluation of the cost effectiveness of using ACTS unique technologies to overcome identified problems shall be done. The limitations of ACTS in surmounting distance education problems in developing countries shall be investigated. This project will, furthermore, provide training to Savannah State College faculty in photovoltaic (PV) systems and in distance education configurations and models. It will also produce training materials adequate for use in PV training programs via distance education. Savannah State College will, as a consequence become well equipped to play a leading role in the training of minority populations in photovoltaic systems and other renewables through its Center for Advanced Water Technology and Energy Systems. This communication provides the project outline including the specific issues that will be investigated during the project. Also presented i the project design which covers the participations of the various components of a network

  12. EU trade in the time of financial crisis

    Directory of Open Access Journals (Sweden)

    Fojtíková, L.

    2010-12-01

    Full Text Available The paper is focused on the European Union (EU trade and trade policy in the time of global financial and economic crisis. The analysis of the EU exports and imports points out that the financial crisis has had a negative impact on the intra as well as on the extra-EU trade in the period 2007-2009, but differences among the EU member states have existed. Although the EU tries to support trade development in the world and remove barriers to trade, some protectionist tendencies were recorded in the time of the economic crisis. The last part of the paper gives emphasis to the EU trade policy and some trade measures which have been taken in the EU and its member states to support trade development or vice versa, to protect domestic industries. The results of the analysis show that, although some protectionist tendencies have been recorded both in extra and intra-EU trade, trade relations which are provided among member states are of significant importance all the time.

  13. Trade Policy

    OpenAIRE

    Murray Gibbs

    2007-01-01

    In an otherwise insightful and thoughtful article, Sebastian Pfotenhauer (Trade Policy Is Science Policy,” Issues, Fall 2013) might better have entitled his contribution “Trade Policy Needs to Be Reconciled with Science Policy.” The North American Free Trade Agreement (NAFTA) and the agreements administered by the World Trade Organization, particularly the General Agreement on Tariffs and Trade (GATT) and the Technical Barriers to Trade (TBT), were adopted to promote international trade and i...

  14. International provision of trade services, trade, and fragmentation

    OpenAIRE

    Deardorff, Alan V.

    2001-01-01

    The author examines the special role that trade liberalization in services industries can play in stimulating trade in both services, and goods. International trade in goods requires inputs from such trade services as transportation, insurance, and finance, for example. Restrictions on services across borders, and within foreign countries add costs, and barriers to international trade. Lib...

  15. REFLECTIONS ON PRODUCTION INTERNALIZATION AND ITS INTERNATIONAL TRADE IMPLICATIONS

    Directory of Open Access Journals (Sweden)

    CLIPA RALUCA IRINA

    2014-06-01

    Full Text Available Vertically-integrated multinational companies place the different stages of production and marketing chain in different countries, looking for advantages such as low production costs, lower taxes, abundant resources and so on, while benefiting from the advantages of economies of scale, control of supplies or outlets. In fact, this vertical integration of multinational companies has led to the expansion of intra-firm trade and "internalized" operations, thus creating their own markets for the vertically-integrated production. Internationally active firms operate in a way that replaces the different functions of an open market with internal transactions, i.e. intra-firm transactions, whenever internal transaction costs are lower than the open-market ones. The direct consequence over international trade is the increase of intra-firm share of trade flows to one third of world trade, those companies making a suppression of international market segments that act in favour of an internal market. The creation of a multinational market and the enhancement of intra-firm trade have profound quantitative and qualitative implications on the composition, geographic orientation and dynamics of international trade. This paper deals with the issue of production internalization, with an overview of the main contributions made to the theory of internalization, while tackling its relative dimension. However, we intend to highlight the implications of this phenomenon on international trade. The work methodology falls within the range of qualitative approaches: logical argumentation, critical theoretical analysis.

  16. Social absorption capability, systems of innovation and manufactured export response to preferential trade incentives

    DEFF Research Database (Denmark)

    Na-Allah, Abdelrasaq; Muchie, Mammo

    2012-01-01

    In many extant analyses of non-reciprocal system of trade preferences, it is typical to focus on the details of market access value of tarrif concessions as explanation for why export beneficiaries may or may not respond to include very often the role that supply related factors can, and do play...... & Opportunity Act apparel trade incentive is used as a classical illustration of this proposition. It is shown that the comparative efficiency of Lesetho, despite emerging from a relatively weak trade performance potential background, in recording the highest level of export success among beneficiaries...

  17. International trade in nuclear fuel cycle services

    International Nuclear Information System (INIS)

    May, D.

    1989-01-01

    This paper analyses and discusses general trends in international trade in nuclear fuel cycle services with particular emphasis on the development of trading patterns between Europe, North America and the Far East. The paper also examines the role of collaborative ventures in the development of the nuclear industry. Barriers to international trade, the effect of government regulations and restrictions and the impact of non-proliferation issues are discussed. (author)

  18. The Anatomy of Digital Trade Infrastructures

    DEFF Research Database (Denmark)

    Rukanova, Boriana; Zinner Henriksen, Helle; Henningsson, Stefan

    2017-01-01

    In global supply chains information about transactions resides in fragmented pockets within business and government systems. The introduction of digital trade infrastructures (DTI) that transcend organizational and systems domains is driven by the prospect of reducing this information fragmentation......, thereby enabling improved security and efficiency in trade process. To understand the problem at hand and build cumulative knowledge about its resolution a way to conceptualize the different digital trade infrastructure initiatives is needed. This paper develops the Digital Trade Infrastructure Framework...

  19. Study of atmospheric emission trading programs in the United States

    International Nuclear Information System (INIS)

    1991-01-01

    A detailed review and evaluation was conducted of federal and state atmospheric emission trading programs in the USA to identify the factors critical to a successful program. A preliminary assessment was also made of the feasibility of such a program for NOx and volatile organic compounds (VOC) in the lower Fraser Valley in British Columbia. To date, experience in the USA with atmospheric emissions trading has primarily involved trades of emission reduction credits pursuant to the 1977 Clean Air Act amendments. Most trades occur under netting provisions which allow expansion of an existing plant without triggering the stringent new-source review process. Six case studies of emissions trading are described from jurisdictions in California, New Jersey, and Kentucky and from the national SO 2 allowance trading program. Estimates of cost savings achieved by emissions trading are provided, and factors critical to a successful program are summarized. These factors include clearly defined goals, participation proportional to problem contribution, an emissions inventory of satisfactory quality, a comprehensive permit system, a credible enforcement threat, efficient and predictable administration, location of the program in an economic growth area, and support by those affected by the program. In the Fraser Valley, it is concluded that either an emissions reduction credit or an allowance trading system is feasible for both NOx and VOC, and recommendations are given for implementation of such a program based on the factors determined above. 1 fig., 8 tabs

  20. Performance trade-offs and ageing in the 'world's greatest athletes'.

    Science.gov (United States)

    Careau, Vincent; Wilson, Robbie S

    2017-08-16

    The mechanistic foundations of performance trade-offs are clear: because body size and shape constrains movement, and muscles vary in strength and fibre type, certain physical traits should act in opposition with others (e.g. sprint versus endurance). Yet performance trade-offs are rarely detected, and traits are often positively correlated. A potential resolution to this conundrum is that within -individual performance trade-offs can be masked by among -individual variation in 'quality'. Although there is a current debate on how to unambiguously define and account for quality, no previous studies have partitioned trait correlations at the within- and among-individual levels. Here, we evaluate performance trade-offs among and within 1369 elite athletes that performed in a total of 6418 combined-events competitions (decathlon and heptathlon). Controlling for age, experience and wind conditions, we detected strong trade-offs between groups of functionally similar events (throwing versus jumping versus running) occurring at the among-individual level. We further modelled individual (co)variation in age-related plasticity of performance and found previously unseen trade-offs in throwing versus running performance that manifest through ageing. Our results verify that human performance is limited by fundamental genetic, environmental and ageing constraints that preclude the simultaneous improvement of performance in multiple dimensions. Identifying these constraints is fundamental to understanding performance trade-offs and predicting the ageing of motor function. © 2017 The Author(s).

  1. 75 FR 55382 - Sunshine Act Meetings

    Science.gov (United States)

    2010-09-10

    ... of Public Affairs at (202) 418-5080 or the SEC's office of Public Affairs at (202) 551-4120. Dated... provisions of the Government in the Sunshine Act, Public Law 94-409, that the Securities and Exchange Commission (``SEC'') and the Commodity Futures Trading Commission (``CFTC'') will hold public roundtable...

  2. Emission Permits trade between the Nordic and Baltic Countries

    Energy Technology Data Exchange (ETDEWEB)

    Alm, Leif Kristian

    2000-05-01

    A bottom-up technology oriented model of the energy systems in the Nordic and Baltic countries have been constructed and used for analysing an optimal set of energy and emission trading within the region. The model used is MARKAL, which has been developed within the IEA-ETSAP. The analyses are based on national emission levels agreed on in the Kyoto protocol (and the following burden sharing negotiations within the European Union), and with an additional strengthening after 2010. Only energy related CO{sub 2} emissions are explicitly considered. Nuclear power in Sweden is assumed to be phased out. The results show that especially Norway and Sweden have large abatement costs when acting alone, whale the Baltic countries will probably not need to take domestic actions due to the Kyoto protocol if they act alone, as the restructuring of their economies in the beginning of the 1990ties cut emissions (and their economies) dramatically. It is shown that emission trading among the Nordic and Baltic countries can reduce abatement costs among the Nordic countries significantly, possibly down to a level equivalent to a world market (Annex I) permit price. Extending the Nordic common electricity market to Balticum will have minor influence on overall energy system costs. There is no pronounced direction for net electricity flow between the Nordic and Baltic countries. High marginal costs during peak hours in Balticum indicate that imports of Nordic hydro power during peak-hours could be a cost-effective option. This possibility could be implemented with a subsea AC/DC connection between Sweden and Latvia. It is politically viable to develop more hydropower in Norway, this country will be the major electricity exporter in the region, while Sweden will be the main importer. Changing scenario assumptions, i.e. no more Norwegian hydropower, but life extension of Swedish nuclear power, could change this picture. (author)

  3. THE WORLD TRADE ORGANIZATION (WTO FREE TRADE WITHIN FAIR TRADE CHALLENGES

    Directory of Open Access Journals (Sweden)

    M. Ya’kub Aiyub Kadir

    2014-06-01

    Full Text Available Free trade and fair trade are considered an ambiguous term with relative meanings of identification. Objectively, free and fair trade does not mean completely free and fair, but it means trade under binding rules obeyed by member countries as a consequence of their commitment after signing and ratification of the WTO agreements. Hence, this paper aims at exploring the issue and does an effort to harmonise between free trade and fair trade within the WTO system. Perdagangan bebas dan perdagangan yang adil adalah dua istilah yang ambigu maknanya. Secara obyektif, perdagangan bebas tidak bermakna bebas dan adil seluruhnya, tetapi bermakna sebuah perdagangan di bawah aturan-aturan mengikat setelah negara anggota menandatangani dan meratifikasi kesepakatan WTO. Tetapi dalam realitas kebanyakan Negara, terutama negara berkembang tidak mampu untuk membuka pasar dan menurunkan tarif secara keseluruhan. Persoalan tidak berimbangnya kekuatan, kurang demokrasi, krisis legitimasi dan dobel standar dalam WTO sistem merupakan sebuah tantangan yang masih berlanjut. Paper ini akan mengkaji persoalan ini dan berupaya mengharmonisasikan antara perdagangan bebas dan adil dalam sistem WTO.

  4. THE WORLD TRADE ORGANIZATION (WTO FREE TRADE WITHIN FAIR TRADE CHALLENGES

    Directory of Open Access Journals (Sweden)

    M. Ya’kub Aiyub Kadir

    2014-06-01

    Full Text Available Free trade and fair trade are considered an ambiguous term with relative meanings of identification. Objectively, free and fair trade does not mean completely free and fair, but it means trade under binding rules obeyed by member countries as a consequence of their commitment after signing and ratification of the WTO agreements. Hence, this paper aims at exploring the issue and does an effort to harmonise between free trade and fair trade within the WTO system.   Perdagangan bebas dan perdagangan yang adil adalah dua istilah yang ambigu maknanya. Secara obyektif, perdagangan bebas tidak bermakna bebas dan adil seluruhnya, tetapi bermakna sebuah perdagangan di bawah aturan-aturan mengikat setelah negara anggota menandatangani dan meratifikasi kesepakatan WTO. Tetapi dalam realitas kebanyakan Negara, terutama negara berkembang tidak mampu untuk membuka pasar dan menurunkan tarif secara keseluruhan. Persoalan tidak berimbangnya kekuatan, kurang demokrasi, krisis legitimasi dan dobel standar dalam WTO sistem merupakan sebuah tantangan yang masih berlanjut. Paper ini akan mengkaji persoalan ini dan berupaya mengharmonisasikan antara perdagangan bebas dan adil dalam sistem WTO.

  5. Systems for carbon trading. An overview

    International Nuclear Information System (INIS)

    Hasselknippe, Henrik

    2003-12-01

    This paper focuses on the increasing number of regional, national and international systems for trading and transfer of greenhouse gas emission allowances and emission reduction credits. The paper will serve as a platform for further discussions on the development of the international carbon trading market. The analysis builds on the International Emissions Trading Association (IETA) Trading Schemes Database, which has been developed by Point Carbon, covering all known trading schemes and programs. A full overview of all existing trading schemes and proposals is presented, showing inter alia the outreach and judicial nature of the systems, the range and nature of emission reduction or credit purchase targets, allocation methods used, links to external systems, and possibilities for the use of project-based credits. A comparative assessment is performed on a number of design criteria, allowing for conclusions to be drawn on the level of harmonisation of these systems, and the identification of convergence or divergence of important operational features. The systems covered in the analysis display considerable variation when it comes to key design criteria and functionality. A rapid integration of many of the planned and active systems seems likely following the agreement on the EU emissions trading scheme, and will be further accelerated if the Kyoto Protocol is ratified

  6. Multi-Period Trading via Convex Optimization

    DEFF Research Database (Denmark)

    Boyd, Stephen; Busseti, Enzo; Diamond, Steve

    2017-01-01

    We consider a basic model of multi-period trading, which can be used to evaluate the performance of a trading strategy. We describe a framework for single-period optimization, where the trades in each period are found by solving a convex optimization problem that trades off expected return, risk......, transaction cost and holding cost such as the borrowing cost for shorting assets. We then describe a multi-period version of the trading method, where optimization is used to plan a sequence of trades, with only the first one executed, using estimates of future quantities that are unknown when the trades....... In this paper, we do not address a critical component in a trading algorithm, the predictions or forecasts of future quantities. The methods we describe in this paper can be thought of as good ways to exploit predictions, no matter how they are made. We have also developed a companion open-source software...

  7. Geographies of High Frequency Trading

    DEFF Research Database (Denmark)

    Grindsted, Thomas Skou

    2016-01-01

    This paper investigates the geographies of high frequency trading. Today shares shift hands within micro seconds, giving rise to a form of financial geographies termed algorithmic capitalism. This notion refers to the different spatio-temporalities produced by high frequency trading, under...... the valuation of time. As high frequency trading accelerates financial markets, the paper examines the spatio-temporalities of automated trading by the ways in which the speed of knowledge exploitation in financial markets is not only of interest, but also the expansion between different temporalities....... The paper demonstrates how the intensification of time-space compression produces radical new dynamics in the financial market and develops information rent in HFT as convertible to a time rent and a spatio-temporal rent. The final section discusses whether high frequency trading only responds to crises...

  8. KEWENANGAN OTORITAS JASA KEUANGAN MENGENAI PERLINDUNGAN HUKUM BAGI INVESTOR TERHADAP TINDAKAN TIPPEE YANG MELAKUKAN INSIDER TRADING DALAM PERDAGANGAN SAHAM

    Directory of Open Access Journals (Sweden)

    Made Dwi Juliana

    2015-07-01

    Full Text Available One type of a criminal in the capital market is the practice of  insider trading. Insider trading is an act that involves a group of insider in the capital market who deliberately exploit information that has not been released to investors with the advantages. In insider trading there are two actors such as party directly as an insider who works in the company or indirect as tippee party who obtain confidential information from an insider. Tippee is the party who receives confidential information from an insider either passively or actively against the law or not against the law for personal gain in the stock trading. This is very detrimental to the investors in the stock trading. Because of that if needs the protection for investors against the actions of the Tippee.  This study discusses two (2 problem first about the subject matter of the action form Tippee in insider trading to the stock at Indonesia and the second about OJK authority on legal protection for investors in case of insider trading by the Tippee in capital market activities. This research is a normative law. The Method approach is the approach of legislation, conceptual approach and comparative approach. Legal materials used are primary and secondary legal materials. Mechanical collection of legal materials is through the study of literature that further uses analysis techniques that description techniques and interpretation. The results shows that this form of action Tippee can be done actively and passively. Actively to perform an unlawful act such as stealing information. In is not trying to fight the law, but to obtain inside information and legal safeguards for investors to act with regard to insider trading Tippee do give legal certainty through legislation and legal certainty by the OJK through law enforcement

  9. 76 FR 697 - United States-Oman Free Trade Agreement

    Science.gov (United States)

    2011-01-06

    ... comments may also be inspected during regular business days between the hours of 9 a.m. and 4:30 p.m. at... corruption in international trade and investment; fostering creativity and innovation by improving technology... preference or other rights or benefits under the OFTA and the Act. The likely respondents are business...

  10. 75 FR 23704 - Order Finding That the NWP Rockies Financial Basis Contract Traded on the...

    Science.gov (United States)

    2010-05-04

    ... Traded on the IntercontinentalExchange, Inc., Performs a Significant Price Discovery Function AGENCY... (``ECM'') under sections 2(h)(3)-(5) of the Commodity Exchange Act (``CEA'' or the ``Act''), performs a significant price discovery function pursuant to section 2(h)(7) of the CEA. The Commission undertook this...

  11. 75 FR 24648 - Order Finding That the Socal Border Financial Basis Contract Traded on the...

    Science.gov (United States)

    2010-05-05

    ... Traded on the IntercontinentalExchange, Inc., Performs a Significant Price Discovery Function AGENCY...'') under sections 2(h)(3)-(5) of the Commodity Exchange Act (``CEA'' or the ``Act''), performs a significant price discovery function pursuant to section 2(h)(7) of the CEA.\\2\\ The Commission undertook this...

  12. A Typology Framework for Trade-Offs in Development and Disaster Risk Reduction: A Case Study of Typhoon Haiyan Recovery in Tacloban, Philippines

    Directory of Open Access Journals (Sweden)

    Heidi Tuhkanen

    2018-06-01

    Full Text Available Development and disaster risk are deeply linked. Disasters reverse development gains; development initiatives influence the risk, vulnerability, and exposure of people, assets, and environments to disasters. Hence, knowledge of key dimensions of the potential trade-offs between development and disaster risk reduction (DRR may inform decision-making processes, goals, and initiatives in ways that have potential to address unsustainable development practices that are commonplace in countries of all economic levels. This paper presents, explores, and tests a conceptual framework for analysing the trade-offs that underpin this relationship as evidenced through policy goals, initiatives, and decision-making processes. We categorise key dimensions of relevant trade-offs into five specific dimensions: (i The aggregation of development and DRR gains and losses, (ii risk prioritisation when seeking to reduce multiple risks, (iii the equity of decision-making processes and outcomes, (iv the balancing of near- and long-term goals, and (v the distribution of power and participation. By framing key questions related to each trade-off dimension, we test the framework in the context of a major disaster recovery process in Tacloban, the Philippines, following Typhoon Haiyan (Yolanda in November 2013. We consider how decision-making trade-offs can be made more visible and useful in the pursuit of transformative change in development and DRR.

  13. Prospect theory for online financial trading.

    Science.gov (United States)

    Liu, Yang-Yu; Nacher, Jose C; Ochiai, Tomoshiro; Martino, Mauro; Altshuler, Yaniv

    2014-01-01

    Prospect theory is widely viewed as the best available descriptive model of how people evaluate risk in experimental settings. According to prospect theory, people are typically risk-averse with respect to gains and risk-seeking with respect to losses, known as the "reflection effect". People are much more sensitive to losses than to gains of the same magnitude, a phenomenon called "loss aversion". Despite of the fact that prospect theory has been well developed in behavioral economics at the theoretical level, there exist very few large-scale empirical studies and most of the previous studies have been undertaken with micro-panel data. Here we analyze over 28.5 million trades made by 81.3 thousand traders of an online financial trading community over 28 months, aiming to explore the large-scale empirical aspect of prospect theory. By analyzing and comparing the behavior of winning and losing trades and traders, we find clear evidence of the reflection effect and the loss aversion phenomenon, which are essential in prospect theory. This work hence demonstrates an unprecedented large-scale empirical evidence of prospect theory, which has immediate implication in financial trading, e.g., developing new trading strategies by minimizing the impact of the reflection effect and the loss aversion phenomenon. Moreover, we introduce three novel behavioral metrics to differentiate winning and losing traders based on their historical trading behavior. This offers us potential opportunities to augment online social trading where traders are allowed to watch and follow the trading activities of others, by predicting potential winners based on their historical trading behavior.

  14. Prospect theory for online financial trading.

    Directory of Open Access Journals (Sweden)

    Yang-Yu Liu

    Full Text Available Prospect theory is widely viewed as the best available descriptive model of how people evaluate risk in experimental settings. According to prospect theory, people are typically risk-averse with respect to gains and risk-seeking with respect to losses, known as the "reflection effect". People are much more sensitive to losses than to gains of the same magnitude, a phenomenon called "loss aversion". Despite of the fact that prospect theory has been well developed in behavioral economics at the theoretical level, there exist very few large-scale empirical studies and most of the previous studies have been undertaken with micro-panel data. Here we analyze over 28.5 million trades made by 81.3 thousand traders of an online financial trading community over 28 months, aiming to explore the large-scale empirical aspect of prospect theory. By analyzing and comparing the behavior of winning and losing trades and traders, we find clear evidence of the reflection effect and the loss aversion phenomenon, which are essential in prospect theory. This work hence demonstrates an unprecedented large-scale empirical evidence of prospect theory, which has immediate implication in financial trading, e.g., developing new trading strategies by minimizing the impact of the reflection effect and the loss aversion phenomenon. Moreover, we introduce three novel behavioral metrics to differentiate winning and losing traders based on their historical trading behavior. This offers us potential opportunities to augment online social trading where traders are allowed to watch and follow the trading activities of others, by predicting potential winners based on their historical trading behavior.

  15. Revenue, welfare and trade effects of European Union Free Trade Agreement on South Africa

    Directory of Open Access Journals (Sweden)

    Kore M.A. Guei

    2017-10-01

    Full Text Available Background: Using the partial equilibrium WITS-SMART Simulation model to assess the impact of liberalisation under the Trade Development and Cooperation Agreement (TDCA of a free trade area between the European Union and South Africa. The identification of the impact of such agreement allows for trade policy negotiation adjustment that can be beneficial for South Africa. Aim: The aim of the study is to estimate and discuss the impact of a Free Trade Agreement (FTA with the European Union and South Africa. More specifically, the study intends to estimate the impact of revenue, welfare, imports, exports, trade creation and to come up with policies options for South Africa that can be used in negotiations and policy formulations. Setting: The study used international trade data (2012 available in the WITS-SMART model to assess bilateral trade agreement between the European Union and South Africa. Methods: To identify the impact on revenue, welfare, imports, exports and trade creation, the study simulated an FTA (0% tariff rate for all goods exchanged between the European Union and South Africa. Also, the elasticity of substitution used for the simulation model was 99%. Results: The findings of the study reveal that total trade effects in South Africa are likely to surge by US$ 1.036 billion with a total welfare valued at US$ 134 million. Dismantling tariffs on all European Union (EU goods would be beneficial to consumers through net trade creation. Total trade creation would be US$ 782 million. However, South African producers are likely to contribute a trade diversion of US$ 254 million which has a negative impact on consumer welfare. The country might also experience a revenue loss amounting to US$ 562 million because of the removal of tariffs. In trade, the country’s exports and imports to the EU are expected to increase by US$ 12.419 million and US$ 1.266 million, respectively. Conclusion: The European Union–South Africa FTA would

  16. FAIR TRADE: ITS REAL IMPACT ON THE WORKING POOR

    OpenAIRE

    Leonid A. Krasnozhon; David Simpson; Walter E. Block

    2015-01-01

    Fair trade gains popularity, while free trade is undergoing more and more criticism. Since international free trade supposedly pollutes the environment, promotes the utilization of sweatshops, exploits child labor, and impoverishes developing countries, fair trade is a preferable alternative (World Fair Trade Organization, 2011). By reviewing empirical studies and examining regulations concerning fair trade practices, this paper provides a comparative analysis of both free and fair trade in l...

  17. 76 FR 22938 - Sunshine Act Meetings

    Science.gov (United States)

    2011-04-25

    ... of Public Affairs at (202) 418-5080 or the SEC's office of Public Affairs at (202) 551-4120. Dated... provisions of the Government in the Sunshine Act, Public Law 94-409, that the Securities and Exchange Commission (``SEC'') and the Commodity Futures Trading Commission (``CFTC'') will hold a public roundtable to...

  18. Central European Free Trade Agreement (CEFTA 2006 - Opportunities, Trade Relation and Evolution of Macedonian Economic Diplomacy

    Directory of Open Access Journals (Sweden)

    Krum Efremov

    2015-07-01

    Full Text Available Main activity in the foreign trade policy of the Republic of Macedonia during the past 10 years was the integration of the country on the Central European Free Trade Agreement – (CEFTA. The reason for this is the expectation that the membership of the Republic of Macedonia in CEFTA will significantly contribute to the continual efforts for strengthening the regional trade cooperation, further liberalisation of foreign trade exchange, and continuation of activities for harmonisation of trade rules with international standards. Additionally, CEFTA 2006 provides a much more comprehensive framework for development of mutual relations and economic cooperation among the countries of South Easte Europe. We will explain the concept of development of economic diplomacy in the Republic of Macedonia as a tool for supporting Macedonian economy. The purpose of these activities is to present the Republic of Macedonia as an attractive destination for foreign investments through the promotion of business advantages, and giving incentive to Macedonian export, as well as through strengthening of the country’s position as a attractive touristic destination.

  19. COMPUTATIONAL SIMULATION OF FIRE DEVELOPMENT INSIDE A TRADE CENTRE

    Directory of Open Access Journals (Sweden)

    Constantin LUPU

    2015-07-01

    Full Text Available Real scale fire experiments involve considerable costs compared to computational mathematical modelling. This paperwork is the result of such a virtual simulation of a fire occurred in a hypothetical wholesale warehouse comprising a large number of trade stands. The analysis starts from the ignition source located inside a trade stand towards the fire expansion over three groups of compartments, by highlighting the heat transfer, both in small spaces, as well as over large distances. In order to confirm the accuracy of the simulation, the obtained values are compared to the ones from the specialized literature.

  20. Electronic Business Helps Middle & Small Enterprises Develop International Trade

    Institute of Scientific and Technical Information of China (English)

    黎裕华

    2012-01-01

    Under the influence of the financial crisis, our international trade faces very serious challenge. During such a difficult period, electronic business brings us some new hope. Electronic business optimizes traditional process, saves large number of manpower and assets, decreases cost, breaks through the limit of time and space, makes deals more convenient and shortcut and strongly boosts efficiency. Our middle and small enterprises should make full use of such a tool of electronic business to hit out the international market actively, search more trading opportunities and living spaces and smoothly bridge such a difficult period due to the financial crisis.

  1. Taming the “Publication Machine”: Generating Unity, Engaging the Trading Zones

    OpenAIRE

    Thoreau, François; Neicu, Maria

    2010-01-01

    In this paper, we explore the par ticular issue of a biomedical research team engaging itself in different “trading zones” (Galison 1997). We do so by following the specific process of setting up a new microscope. We star t by briefly introducing our general understanding of the concept of “trading zone.” Then we focus on the empirical material we collected, star ting from the microscope as the researchers we followed were setting it up. Our analysis is twofold: we first describe the acts we...

  2. Opportunities and barriers for international bioenergy trade

    International Nuclear Information System (INIS)

    Junginger, Martin; Dam, Jinke van; Zarrilli, Simonetta; Ali Mohamed, Fatin; Marchal, Didier; Faaij, Andre

    2011-01-01

    Recently, the international trade of various bioenergy commodities has grown rapidly, yet this growth is also hampered by some barriers. The aim of this paper is to obtain an overview of what market actors currently perceive as major opportunities and barriers for the development of international bioenergy trade. The work focuses on three bioenergy commodities: bioethanol, biodiesel and wood pellets. Data were collected through an internet-based questionnaire. The majority of the 141 respondents had an industrial background. Geographically, two-thirds were from (mainly Western) Europe, with other minor contributions from all other continents. Results show that import tariffs and the implementation of sustainability certification systems are perceived as (potentially) major barriers for the trade of bioethanol and biodiesel, while logistics are seen mainly as an obstacle for wood pellets. Development of technical standards was deemed more as an opportunity than a barrier for all commodities. Most important drivers were high fossil fuel prices and climate change mitigation policies. Concluding, to overcome some of the barriers, specific actions will be required by market parties and policy makers. Import tariffs for biofuels could be reduced or abolished, linked to multinational trade agreements and harmonization (including provisions on technical standards and sustainability requirements). - Research highlights: → We analyze main barriers for global trade of wood pellets, ethanol and biodiesel. → Import tariffs can be a major barrier for liquid biofuels trade. → Implementation of sustainability certification systems may hamper biofuels trade. → Logistics are seen mainly as an obstacle for the trade of wood pellets. → Development of technical standards are deemed an opportunity for bioenergy trade.

  3. Spatial structure, inequality and trading community of renewable energy networks: A comparative study of solar and hydro energy product trades

    International Nuclear Information System (INIS)

    Fu, Xin; Yang, Yu; Dong, Wen; Wang, Changjian; Liu, Yi

    2017-01-01

    Renewable energy trade is booming and has formed complicated networks worldwide. However, our knowledge of the spatial structures and evolution of these networks is limited. In this paper, network analyses are used to examine the geographic characteristics of selected renewable energy trades and their evolution based on the United Nations COMTRADE Database from 1988 to 2013. The results show that the networks are expanding to include more and more countries and relationships, and scale of the networks is larger than ever. A tripartite confrontational renewable energy trading system has been forming and is strengthening. Europe, the USA, China and other Asian countries are the main players, and China has overtaken the USA and Europe as the leading player. Inequality and ‘small-world’ characteristics appear in renewable energy trade. Solar energy trade presents a triadic community structure with Europe, the USA and China as the dominant players, while hydro energy trade presents a smaller and more dispersed structure. The core–periphery structure strongly suggests a trade dependency between hubs and peripheral elements in renewable energy trade. Developing countries should design appropriate incentives and contribute to particular segments in renewable energy value chain to accelerate and benefit from the South–South renewable energy trade. - Highlights: • Renewable energy trade networks are identified and analyzed. • Tripartite confrontational renewable energy trade systems have been formed and are strengthening. • Unequal and ‘small world’ characteristics have appeared in the renewable energy trade. • China has overtaken the USA and Europe as the leading player in the renewable energy trade. • Developing countries should make efforts to benefit from the South–South energy trade.

  4. Historical Evidence on the Finance-Trade-Growth Nexus

    OpenAIRE

    Michael D. Bordo; Peter L. Rousseau

    2011-01-01

    We study linkages between financial development, international trade, and long-run growth using data since 1880 for seventeen now-developed "Atlantic" economies and a set of cross-country and dynamic panel data models. We find that finance and trade reinforced each other before 1930, but that these effects did not persist after the Second World War. Financial development has positive effects on growth throughout the sample period, while trade affects growth strongly and independently after 19...

  5. Five essays on emissions trading

    Energy Technology Data Exchange (ETDEWEB)

    Godal, Odd

    2005-03-01

    The thesis discusses energy, environmental and economic aspects of polluting emissions with emphasis on greenhouse gas trade and political measures. 5 papers are included with titles: 1) Carbon trading across sources and periods constrained by the Marrakesh Accords which examines examine the potential effects on permit prices and abatement costs of four compliance rules governing emissions trade across sources and periods in the Kyoto Protocol: The banking rule that allows excess permits to be used later; the restoration rate rule that penalizes borrowing; the commitment period reserve rule that limits sales; and finally, the suspension rule that restricts borrowing and sales. Our framework is a two-period model where parties may be out of compliance in the Kyoto period, but are assumed to comply at a later time. Under varying assumptions about market power and US participation, we find that the rules may have pronounced effects on individual costs, but overall efficiency is not severely affected. 2) Affine price expectations and equilibrium in strategic markets which considers equilibrium in imperfect markets, featuring agents who exchange property rights. Important cases include trade in emission permits of greenhouse gases, or exchange of catch quotas of fish. Some players act strategically while others are price-takers. The ''demand curve'' is endogenous, and it affects all parties. The resulting, reduced objectives need not be concave. Therefore, existence of equilibrium is a delicate matter. To simplify things, and to ensure availability of ''equilibria up to first order'', we presume that all strategic agents form affine price expectations. 3) Greenhouse gases, quota exchange and oligopolistic competition that discusses the problem how quotas can be shared in the ''emissions market'' and how can the agents reach as overall equilibrium in the product market. 4) Strategic markets in property rights

  6. Five essays on emissions trading

    Energy Technology Data Exchange (ETDEWEB)

    Godal, Odd

    2005-03-01

    The thesis discusses energy, environmental and economic aspects of polluting emissions with emphasis on greenhouse gas trade and political measures. 5 papers are included with titles: 1) Carbon trading across sources and periods constrained by the Marrakesh Accords which examines examine the potential effects on permit prices and abatement costs of four compliance rules governing emissions trade across sources and periods in the Kyoto Protocol: The banking rule that allows excess permits to be used later; the restoration rate rule that penalizes borrowing; the commitment period reserve rule that limits sales; and finally, the suspension rule that restricts borrowing and sales. Our framework is a two-period model where parties may be out of compliance in the Kyoto period, but are assumed to comply at a later time. Under varying assumptions about market power and US participation, we find that the rules may have pronounced effects on individual costs, but overall efficiency is not severely affected. 2) Affine price expectations and equilibrium in strategic markets which considers equilibrium in imperfect markets, featuring agents who exchange property rights. Important cases include trade in emission permits of greenhouse gases, or exchange of catch quotas of fish. Some players act strategically while others are price-takers. The ''demand curve'' is endogenous, and it affects all parties. The resulting, reduced objectives need not be concave. Therefore, existence of equilibrium is a delicate matter. To simplify things, and to ensure availability of ''equilibria up to first order'', we presume that all strategic agents form affine price expectations. 3) Greenhouse gases, quota exchange and oligopolistic competition that discusses the problem how quotas can be shared in the ''emissions market'' and how can the agents reach as overall equilibrium in the product market. 4) Strategic markets in property rights without price-takers that deals with Cournot-type models of

  7. 78 FR 75330 - Grant of Authority; Establishment of a Foreign-Trade Zone Under the Alternative Site Framework...

    Science.gov (United States)

    2013-12-11

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Order No. 1921] Grant of Authority... authority under the Foreign-Trade Zones Act of June 18, 1934, as amended (19 U.S.C. 81a-81u), the Foreign... adjacent to U.S. Customs and Border Protection ports of entry; Whereas, the Board adopted the alternative...

  8. Measuring performance at trade shows

    DEFF Research Database (Denmark)

    Hansen, Kåre

    2004-01-01

    Trade shows is an increasingly important marketing activity to many companies, but current measures of trade show performance do not adequately capture dimensions important to exhibitors. Based on the marketing literature's outcome and behavior-based control system taxonomy, a model is built...... that captures a outcome-based sales dimension and four behavior-based dimensions (i.e. information-gathering, relationship building, image building, and motivation activities). A 16-item instrument is developed for assessing exhibitors perceptions of their trade show performance. The paper presents evidence...

  9. Legal Framework and Mechanism of Marine Fisheries Subsidies in the Aspects of International Trade and Sustainable Development

    Directory of Open Access Journals (Sweden)

    Adijaya Yusuf

    2015-12-01

    Full Text Available Issues in fisheries have been regulated in various international conventions. The United Nations Convention on the Law of the Sea 1982 (UNCLOS 1982 has builta regime in the field of conservation and management of fishery resources based upon maritime zones or fish species that exist and available in this zone. However, UNCLOS 1982 only focuses on the issue of fisheries in the Exclusive Economic Zone (EEZ and the high seas, thus it was not sufficient to overcome the problems of high frequent of fishing in maritime zones which are fully subject to the jurisdiction of coastal states, such as in the Inland waters, archipelagic waters and the Territorial Sea. This article aims to examine the legal framework and mechanisms of fisheries subsidies in the aspects of trade and sustainable development. In this article, discussion would carried out in order to examine the legal framework and mechanisms of marine fisheries subsidies that are implemented with the principles of fair-trade and sustainable development, both in the international level, as well as in the national level. Thus, this research is expected to be able to bridge the interests of developed countries and developing countries, especially Indonesia, in order to achieve fair trade in the field of fisheries and resource utilization of sustainable fisheries.

  10. The Criminalization of the Theft of Trade Secrets:\\ud An Analysis of the Economic Espionage Act

    OpenAIRE

    Searle, Nicola

    2012-01-01

    This paper presents a law and economics assessment of how the elevation of the theft of trade secrets from civil malfeasance to a felony affects the incentives for both firms and potential thieves. The paper begins with theoretical analysis of the EEA and concludes with an empirical assessment of prosecutions under the EEA. In comparison to penalties used in civil cases, the new incentive of a criminal deterrent to trade secret theft introduces severe consequences, such as incarceration as a ...

  11. Review of inter-utility trade in electricity

    International Nuclear Information System (INIS)

    1994-01-01

    In 1992, Canada's National Energy Board released two discussion papers on inter-utility trade. Responses to the papers were received from utilities, government agencies, and other interested parties with regard to questions concerning measures that could be taken to enhance interprovincial trade in electricity and to enable buyers and sellers of electricity to obtain commercial access to available transmission capacity through intermediate provinces for wheeling purposes. The Board's review had estimated long-term net benefits from enhanced inter-utility cooperation at $23-32.5 billion by the year 2000 from such types of transactions as seasonal diversity exchanges and long-term firm sales. Seven types of options to achieve enhanced inter-utility trade were identified. Most of the respondent utilities and provinces that have direct access to external markets tended to prefer the status quo, opposing mandated solutions but supporting (or at least not opposing) federal monitoring of progress on enhanced inter-utility cooperation. Provinces and utilities without direct access to external markets tended to support (as a last resort) mandated solutions to disputes concerning electricity trade. Since the Board review, important events in the North American electricity supply industry have occurred; these are described, focusing on the US Energy Policy Act that gives powers to order transmission access. The formation by US utilities of regional transmission groups (RTGs) with federal encouragement is discussed, along with the implications for Canadian utilities that may want to become members of particular RTGs. The advantages and drawbacks of selecting the various options for enhancing inter-utility trade are then summarized. 1 tab

  12. Trends in International Trade in Higher Education: Implications and Options for Developing Countries. Education Working Paper Series, Number 6

    Science.gov (United States)

    Bashir, Sajitha

    2007-01-01

    This paper analyzes the trends, underlying factors and implications of the trade in higher education services. The term "trade in higher education" refers to the purchase of higher education services from a foreign country using domestic resources. The objectives of this paper are to provide policy makers in developing countries, World Bank staff,…

  13. Trading behaviour on the continuous intraday market ELBAS

    International Nuclear Information System (INIS)

    Scharff, Richard; Amelin, Mikael

    2016-01-01

    Intraday markets for electricity allow for trading of energy until shortly before the period of delivery. This offers market participants a possibility to reduce their expected imbalances and to offer own unused flexibility. Because this form of distributed balancing before the period of delivery can be profitable for market participants as well as beneficial for system operations, intraday trading is expected to gain more importance in future, especially with increasing shares of variable renewable energy sources in the generation mix. So far, intraday markets are still a research field with many open questions. This paper contributes by a first analysis of intraday trades on ELBAS, one of the European intraday markets. The analysis gives a detailed picture on trading activity and price development and is intended to improve understanding of continuous intraday trading. Findings include that trading activity differs significantly between price zones, that most trades occur in the last hours before gate closure and that market participants have to handle substantial price variations during the trading period. The paper also investigates the imbalance settlement rules in the Nordic countries and studies which effects one- and two-price imbalance settlement systems have on the market participants' profitability of intraday trading. - Highlights: • Insights into intraday trading: trading activity and price development. • Special focus is on characteristics of continuous trading. • Intrinsic problems in the Nordic imbalance pricing scheme are discussed. • Implications regarding balancing of generation from vRES.

  14. Thinking globally, acting locally: Women activists’ accounts

    Directory of Open Access Journals (Sweden)

    Alldred Pam

    2003-01-01

    Full Text Available This paper intends to describe the range of forms women’s resistance to globalisation takes, emphasising diverse strategies from everyday acts, the development of practical alternative resources, organising in women’s groups or trades unions, mass demonstrations and symbolic defiance. Recognising that it is the women of the South, in particular, who bear the brunt of the impact of neoliberal ‘free market’ economic policies, it hoped to be sensitive to the struggles for survival that might frame the urgency of resistance amongst women of the South, and make links with some of the strategies of activist women in the more privileged North.

  15. An assessment of international trade related to bioenergy use in Austria—Methodological aspects, recent developments and the relevance of indirect trade

    International Nuclear Information System (INIS)

    Kalt, Gerald; Kranzl, Lukas

    2012-01-01

    Increasing international biomass trade for energy and concerns about sustainability of globally traded biomass have raised interest in assessments of cross-border trade related to bioenergy. Within this paper, approaches to overcome methodological difficulties related to biomass trade are proposed and applied for the case of Austria. Biomass currently has a share of 15.5% in Austria’s primary energy consumption of 1354 PJ (2009). According to energy statistics, the rate of self-sufficiency with biomass for energy (defined as the ratio of domestic production to inland consumption, with both imports and exports taken into account) is 91%. However, feedstock imports for transport fuel production and indirect imports of wood-based fuels (wood processing residues and waste liquor of the paper industry originating from imported wood) are not taken into account in energy statistics, but prove to be of some significance. Imports of agricultural commodities to the amount of 9.7 PJ can be attributed to domestic biofuel production, and indirect imports of wood-based fuels, account for 31 PJ. With these import streams taken into account, the share of domestic fuels in bioenergy use is only 67%, rather than 84%, as official energy statistics suggest. On the other hand, Austria is exporting more than 50% of its production of sawnwood, panelboard and paper products. - Highlights: ► We investigate biomass cross-border trade related to bioenergy use in Austria. ► International biomass trade for energy has increased significantly in recent years. ► A flow wood diagram is derived to identify indirect trade streams of wood fuels. ► Biofuel feedstock imports are about as important as direct biofuel imports. ► 33% of bioenergy in Austria originate from imported biomass (2009).

  16. Trade-offs Between Socio-economic Development and Ecosystem Health under Changing Water Availability

    Science.gov (United States)

    Nazemi, A.; Hassanzadeh, E.; Elshorbagy, A. A.; Wheater, H. S.; Gober, P.; Jardine, T.; Lindenschmidt, K. E.

    2017-12-01

    Natural and human water systems at regional scales are often developed around key characteristics of streamflow. As a result, changes in streamflow regime can affect both socio-economic activities and freshwater ecosystems. In addition to natural variability and/or climate change, extensive water resource management to support socio-economic growth has also changed streamflow regimes. This study aims at understanding the trade-offs between agricultural expansion in the province of Saskatchewan, Canada, and alterations in the ecohydrological characteristics of the Saskatchewan River Delta (SRD) located downstream. Changes in climate along with extensive water resource management have altered the upstream flow regime. Moreover, Saskatchewan is investigating the possible expansion of irrigated agriculture to boost the provincial economy. To evaluate trade-offs across a range of possible scenarios for streamflow changes, the potential increase in provincial net benefit versus potential vulnerability of the SRD was assessed using perturbed flow realizations along with scenarios of irrigation expansion as input to an integrated water resource system model. This study sheds light on the potential variability in trade-offs between economic benefits and ecosystem health under a range of streamflow conditions, with the aim of informing decisions that can benefit both natural and human water systems.

  17. 75 FR 38487 - Order Finding That the Fuel Oil-180 Singapore Swap Contract Traded on the...

    Science.gov (United States)

    2010-07-02

    ... Traded on the IntercontinentalExchange, Inc., Does Not Perform a Significant Price Discovery Function... (``ECM'') under sections 2(h)(3)-(5) of the Commodity Exchange Act (``CEA'' or the ``Act''), performs a significant price discovery function pursuant to section 2(h)(7) of the CEA. The Commission undertook this...

  18. 78 FR 20090 - Grant of Authority; Establishment of a Foreign-Trade Zone Under the Alternative Site Framework...

    Science.gov (United States)

    2013-04-03

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Order No. 1886] Grant of Authority... its authority under the Foreign-Trade Zones Act of June 18, 1934, as amended (19 U.S.C. 81a-81u), the... in or adjacent to U.S. Customs and Border Protection ports of entry; Whereas, the Board adopted the...

  19. 78 FR 57837 - Grant of Authority; Establishment of a Foreign-Trade Zone Under the Alternative Site Framework...

    Science.gov (United States)

    2013-09-20

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Order No. 1909] Grant of Authority... to its authority under the Foreign-Trade Zones Act of June 18, 1934, as amended (19 U.S.C. 81a-81u... zones in or adjacent to U.S. Customs and Border Protection ports of entry; Whereas, the Board adopted...

  20. 76 FR 81965 - Remanufactured Goods: An Overview of the U.S. and Global Industries, Markets, and Trade...

    Science.gov (United States)

    2011-12-29

    ... the U.S. and Global Industries, Markets, and Trade; Submission of Questionnaire for OMB Review AGENCY..., Markets, and Trade, instituted under the authority of section 332(g) of the Tariff Act of 1930 (19 U.S.C... leader Alan Treat ( [email protected] or (202) 205-3426) or deputy project leader Jeremy Wise ( jeremy...

  1. The problem of using trade secrets in economic relations

    Directory of Open Access Journals (Sweden)

    А. О. Олефір

    2015-05-01

    . The objects of trade secrets, depending on the fields may be the following types of information: (1 scientific and technical; (2 management; (3 commercial; (4 financial. At this stage, there is a growing role of know-how, compared with patents, because as their special advantages and drop interest in patenting innovations as an independent factor, as well as economic and legal efficiency mode of trade secrets. Under the know-how necessary to understand the technical, manufacturing, engineering knowledge, experience and skills related to the design, development, manufacture, sale, operation, maintenance, repair, improve technology and other innovative objects which have the status of trade secrets, and a factor of competitiveness entity. Given the fact that the administrative and jurisdictional mechanisms for the protection of trade secrets are more or less clear, we focused on internal corporate events. First, this is consolidation in the basic documents of the entity (statute, founding and collective agreements, work rules on trade secret law such provision as law on ownership and protection of trade secrets. Second, the order of the head of the entity to approve the list of information to be protected as a trade secret. Third, develop and adopt regulations on trade secrets. Fourth, to approve the regulations on the organization of the documents containing trade secrets. Fifth, to include in a labor agreement (contract the condition of non-disclosure of trade secrets or employee expected signing of enhancing privacy protection. Conclusions of the research. In order to stimulate innovation growth and protection of corporate security entities we should propose changes to the legislation: (1 secure the definition of the concept of «know-how (secret production» indicating that the exclusive right to the secret of acting as long as the relation of production secrets operating mode of trade secrets; (2 add Tax Code of Ukraine following types of tax benefits: (a exemption

  2. 78 FR 64885 - Freedom of Information Act (FOIA); Miscellaneous Rules Redelegation of Authority To Determine...

    Science.gov (United States)

    2013-10-30

    ... FEDERAL TRADE COMMISSION 16 CFR Part 4 Freedom of Information Act (FOIA); Miscellaneous Rules... redelegate his or her authority to determine appeals related to the Freedom of Information Act (``FOIA... in 16 CFR Part 4 Administrative practice and procedure, Freedom of Information Act. For the reasons...

  3. Measuring the Gains from International Trade Allocated Across Countries

    OpenAIRE

    Chung, Dongsik

    2004-01-01

    The intraindustry trade, multiple posttrade equilibria and multiple pretrade equilibria almost invalidate the role of the terms of trade as a divider of trade gains and as a predictor of the direction of trade. The indices of international trade benefits (ITB), which will be developed in this paper, aim at complementing what the terms of trade lacks as well as making it possible to utilize the estimated trade gains in a meaningful manner.The indices relatively measure the portion that a tradi...

  4. Policy recommendations for Canadian municipal greenhouse gas trading

    International Nuclear Information System (INIS)

    Seskus, A.

    2002-01-01

    The municipal policies regarding greenhouse gas (GHG) emissions trading from municipalities in developed countries outside of Canada were examined in an effort to help establish a position on municipal carbon trading in Canada. The main uncertainty regarding this new concept of GHG emissions trading is the fate of the Kyoto Protocol, when or if it will be ratified. It is premature for municipalities to have well-established polices about emissions trading because the country in which a municipality is located determines the position towards GHG emissions trading. For this study, an extensive literature search of municipal policies was conducted for both GHG trading and domestic national GHG trading. This was followed by a survey on emissions trading which was distributed to more than 350 member cities (including the United States, Europe and Australia) of the International Council for Environmental Initiatives (ICLEI) Cities for Climate Protection (CCP) Campaign. The literature search revealed that municipalities outside of Canada have not yet formulated policies to address the issue of emissions trading. Only 7 per cent of the cities felt that they were informed about emissions trading, even in Europe and Australia where domestic emissions trading is closer to becoming a reality. This paper demonstrated that it is evident that more training is needed for municipalities regarding this issue. For the very few cities that had developed a GHG trading policy, each municipal policy supported municipal participation in emissions trading under conditions that included an environmental retirement, a do-no-harm clause, or an obligation to meet voluntary commitments before excess emissions can be traded. refs., tabs., figs

  5. ASEAN’s Preferential Trade Agreements (PTA Strategy

    Directory of Open Access Journals (Sweden)

    Guanyi Leu

    2011-01-01

    Full Text Available This paper provides a diversification explanation in order understand the development of PTAs in Southeast Asia. I argue that an important reason why ASEAN states participate in PTAs has been to diversify existing trade ties and to reduce overdependence on a narrow range of export markets. Southeast Asian countries have formed PTAs with markets with which they had weak or unexplored economic relations, as demonstrated by three case analyses: the ASEAN Free Trade Area (AFTA, the ASEAN-China Free Trade Agreement (ACFTA and the ASEAN-Japan Comprehensive Economic Partnership Agreement (AJCEP. To maximise the economic gains and the diversification effects of PTA participation, ASEAN countries have pursued a strategy of strengthening economic unity while keeping external economic linkages as diversified as possible. Although East Asia, and especially China, was an important alternative market to reduce ASEAN’s dependence on trade with America, ASEAN countries have also pursued PTAs with a number of other trading partners. This paper explains how PTAs have helped ASEAN states to develop more policy autonomy in their trading environment.

  6. The Development of Agriculture and Trade Relations in the Caucasus in the Early 20th Century

    Directory of Open Access Journals (Sweden)

    Tatiana E. Gvarliani

    2015-12-01

    Full Text Available The article analyzes the development of agriculture and trade relations in the Caucasus in the early 20th century. This article utilizes the records of Georgian national archives, pre-revolutionary periodicals and monographic literature published in pre-revolutionary, soviet and Russian contemporary periods. The authors used the research methods such as principles of objectivity, historicism, systematic, comprehensive accounting of the economic indicators of agriculture development and trade in the Caucasus and the maximum possible neutrality of the researcher to interpret factual material. The authors come to the conclusion that the development of agriculture in the Caucasus after the revolutionary upheavals of 1905-1907 years in the subsequent period before the First World War entered into the stage of recovery. The reasons of this phenomenon became the discovery of significant quantities of oil, cement, manganese and other fields. The objects of the industry demanded also the additional food supply, this enabled the agriculture in the Caucasus to develop actively.

  7. Nuclear trade: an approach on the Argentine situation

    International Nuclear Information System (INIS)

    Antoniotti, Americo A.; Paez, Mariano R.

    2005-01-01

    The Argentine nuclear trade regime. Nuclear Materials. Definitions. Stages. From early times of nuclear development an actual and strict monopoly governed the transfers of nuclear materials. That meant: the Federal State took the control as user, producer, purchaser or seller. This policy was inspired and clearly echoed a similar one developed by countries with important development in the nuclear field. Types of contracts on nuclear commerce. Relation with costs implied with the nuclear industry. Uranium mining. System of supplies. Development of factories of nuclear supplies. Incentives. Nuclear Power. Radioisotopes. Human Resources. Ways of intervention of the State on nuclear Commerce. The right of veto. The ownership of shares in private or public corporations. Export- import controls. Security and Safety standards. National Act of Nuclear Activity. Veto of the Executive Power to the monopoly of the exclusive national supply of uranium. Comparative policies on other fields or products in Argentina. A proposal of lege ferenda. State's right of transformation applicable to purchases and sales of nuclear materials. Exchange and loans. Cosignature of contracts, etc. (author)

  8. Environmentally Responsible Trade and Its Importance for Sustainable Forestry

    OpenAIRE

    Olena Maxymets

    2006-01-01

    This article focuses on the environmental component of trade, primarily foreign trade, which concerns the interests of many countries. It examines the reciprocal influence of foreign trade and the environment. The author defines environmentally responsible trade and formulates its main principles. She examines the development of trade in forest products globally and in Ukraine and evaluates the impact of different trade restrictions on the condition of forests and the forestry industry. Indic...

  9. Fairer global trade, better local health.

    Science.gov (United States)

    Mussi, Aldo

    2008-01-01

    Trade is an inevitable part of human interaction, and our current economy is concerned more with quantity than with quality of trade. Trade justice is an essential part of sustainable development, and the Fairtrade movement allows us in the rich world to make clear commitment to this. The health benefits are not just in the poor world but benefit the rich too because of the importance of the social environment to our health.

  10. Intra-industry trade with multinational firms

    OpenAIRE

    Egger, H; Egger, P; Greenaway, D

    2007-01-01

    Recent developments, including the analysis of firm-level adjustment to falling trade costs, have contributed to a revival of interest in intra-industry trade (IIT). Most empirical work still relies on the standard Grubel–Lloyd measure. This however refers only to international trade, disregarding income flows stimulated by repatriated profits of multinational firms. Given the overwhelming importance of the latter, this is a major shortcoming. This paper provides a guide to measurement and es...

  11. The economic implications of greater global trade in livestock and livestock products.

    Science.gov (United States)

    Leslie, J; Upton, M

    1999-08-01

    The Uruguay Round of the General Agreement on Tariffs and Trade (GATT) established the World Trade Organization to supervise the reduction of barriers to, and liberalisation of, world trade. The application of sanitary and phytosanitary measures will be standardised to avoid use for protectionist purposes by countries or regional trade blocks. Harmonisation of animal disease control measures within regional blocks is essential if benefits to freer trade are to occur, but this harmonisation must be balanced against potential disease risks and costs associated with disease outbreaks. World trade in livestock products is concentrated among developed countries, although developing countries are responsible for approximately a third of poultry meat imports and exports. Despite liberalisation, the share of global trade by developing countries is unlikely to increase greatly in the short term. The benefits of trade and of freer trade are emphasised. Examples are given of the impacts of trade barriers on developing countries and of the harmonisation of European Union animal health standards. Economic implications for the future of greater global trade are assessed.

  12. China's food economy in the early 21st Century; Development of China's food economy and its impact on global trade and on the EU

    NARCIS (Netherlands)

    Tongeren, van F.W.; Huang, J.

    2004-01-01

    Development of Chinese food economy and Chinese agricultural policies. Simulations of future developments in China and in global trade with a model for the Chinese food economy and a model for global trade analysis. Simulation of developments in a 'business as usual' scenario. Assesment of impacts

  13. Trade Growth and Poverty: A Case of Pakistan

    Directory of Open Access Journals (Sweden)

    Rana Ejaz Ali Khan

    2010-08-01

    Full Text Available It is generally argued that open trade is crucial for economic growth and development. The economic literature also argues that growth is an important option for reducing poverty in developing countries. The paper analyzed the causality between the trade, growth and poverty for Pakistan using annual time series data from 1973-2009. Granger causality results based on Error-Correction Models have shown that in the case of Pakistan there exists two way relationship between trade and growth in the long-run but for the short-run growth enhance the trade. For the growth and poverty, there exists long-run relation from growth to poverty while for the short-run there exists no relationship. It may be concluded that international trade can play an important role towards growth and ultimately alleviation of poverty. From the policy perspective government should focus on trade.

  14. International Trade and Productivity Growth: Exploring the Sectoral Effects for Developing Countries

    OpenAIRE

    Ehsan U. Choudhri; Dalia S. Hakura

    2000-01-01

    The paper estimates an empirical relation based on Krugman's "technological gap" model to explore the influence of the pattern of international trade and production on the overall productivity growth of a developing country. A key result is that increased import competition in medium-growth (but not in low- or high-growth) manufacturing sectors enhances overall productivity growth. The authors also find that a production-share weighted average of (technological leaders') sectoral productivity...

  15. The evolution of emissions trading in the EU. Tensions between national trading schemes and the proposed EU directive

    International Nuclear Information System (INIS)

    Boemare, Catherine; Quirion, Philippe; Sorrell, Steve

    2003-12-01

    The EU is pioneering the development of greenhouse gas emissions trading, but there is a tension between the 'top-down' and 'bottom-up' evolution of trading schemes. While the Commission is introducing a European emissions trading scheme (EU ETS) in 2005, several member states have already introduced negotiated agreements that include trading arrangements. Typically, these national schemes have a wider scope than the proposed EU directive and allow firms to use relative rather than absolute targets. The coexistence of 'top-down' and 'bottom-up' trading schemes may create some complex problems of policy interaction. This paper explores the potential interactions between the EU ETS and the negotiated agreements in France and UK and uses these to illustrate some important generic issues. The paper first describes the proposed EU directive, outlines the UK and French policies and compares their main features to the EU ETS. It then discusses how the national and European policies may interact in practice. Four issues are highlighted, namely, double regulation, double counting of emission reductions, equivalence of effort and linking trading schemes. The paper concludes with some recommendations for the future development of UK and French climate policy

  16. Unsustainable colletion and unfair trade?

    DEFF Research Database (Denmark)

    Larsen, Helle Overgaard; Olsen, Carsten Smith

    2007-01-01

    Abstract The trade in medicinal plants for herbal remedies is large and probably increasing. The trade has attracted the attention of scientists and development planners interested in the impact on plant populations and the potential to improve rural livelihoods through community based management...... and conservation. This has resulted in a large number of publications and development activities, ranging from small NGO projects to new government policies. Through a review of 119 references from Nepal, 4 common assumptions regarding the medicinal plant collection and trade have been identified: I....... The commercial medicinal plant resource base is becoming ever more degraded as a consequence of collection; II. The medicinal plants are an open-access resource; III. Cultivation can contribute to conservation of commercially collected medicinal plant species; and IV. Medicinal plant harvesters are cheated...

  17. Additive versus multiplicative trade costs and the gains from trade

    DEFF Research Database (Denmark)

    Sørensen, Allan

    This paper addresses welfare effects from trade liberalization in a heterogeneous-fi…rms trade model including the empirically important per-unit (i.e. additive) trade costs in addition to the conventional iceberg (i.e. multiplicative) and fi…xed trade costs. The novel contribution of the paper...... is the result that the welfare gain for a given increase in trade openness is higher for reductions in per-unit (additive) trade costs than for reductions in iceberg (multiplicative) trade costs. The ranking derives from differences in intra-industry reallocations and in particular from dissimilar impacts...

  18. Determinants of Trade Credit: A Preliminary Analysis on Construction Sector

    Directory of Open Access Journals (Sweden)

    Nicoleta Barbuta-Misu

    2016-07-01

    Full Text Available This paper introduces a preliminary analysis of the correlations between trade credit and some selected measures of financial performance for a sample of 958 firms acting in the construction sector. The examined period covers 2004-2013. The sample derived from Amadeus database contains firms that have sold and bought on credit. Results showed that larger firms offered and used more credit than counterparties. Firms offered and used in same time credit, but not in same level. Firms with higher return on assets and profit margin used and offered less credit from suppliers, respectively to clients. Moreover, more liquid firms used less trade payables.

  19. Estimating the elasticity of trade: the trade share approach

    OpenAIRE

    Mauro Lanati

    2013-01-01

    Recent theoretical work on international trade emphasizes the importance of trade elasticity as the fundamental statistic needed to conduct welfare analysis. Eaton and Kortum (2002) proposed a two-step method to estimate this parameter, where exporter fixed effects are regressed on proxies for technology and wages. Within the same Ricardian model of trade, the trade share provides an alternative source of identication for the elasticity of trade. Following Santos Silva and Tenreyro (2006) bot...

  20. Plurilateral Trade Deals: An Alternative for Multilateral Trade Agreements?

    Directory of Open Access Journals (Sweden)

    Agnes Ghibuțiu

    2016-04-01

    Full Text Available While multilateral trade negotiations under the World Trade Organization (WTO continue to be in impasse, plurilateral trade negotiations – i.e. among a group of WTO members – have intensified in recent years, and also recorded a series of concrete results in liberalizing specific sectors of international trade. Hence, there is a widely shared view that plurilateral trade negotiations could be an alternative for the multilateral ones. This paper aims to answer the following questions: What are plurilateral trade agreements? Which are the reasons behind the surge in plurilateral negotiations in recent years? What are the main achievements in liberalizing trade at the plurilateral level? What are the advantages of plurilateral negotiations relative to multilateral ones, and why are they considered an attractive alternative for negotiations at the multilateral level?

  1. Monitoring the impact of trade agreements on national food environments: trade imports and population nutrition risks in Fiji.

    Science.gov (United States)

    Ravuvu, Amerita; Friel, Sharon; Thow, Anne-Marie; Snowdon, Wendy; Wate, Jillian

    2017-06-13

    Trade agreements are increasingly recognised as playing an influential role in shaping national food environments and the availability and nutritional quality of the food supply. Global monitoring of food environments and trade policies can strengthen the evidence base for the impact of trade policy on nutrition, and support improved policy coherence. Using the INFORMAS trade monitoring protocol, we reviewed available food supply data to understand associations between Fiji's commitments under WTO trade agreements and food import volume trends. First, a desk review was conducted to map and record in one place Fiji's commitments to relevant existing trade agreements that have implications for Fiji's national food environment under the domains of the INFORMAS trade monitoring protocol. An excel database was developed to document the agreements and their provisions. The second aspect of the research focused on data extraction. We began with identifying food import volumes into Fiji by country of origin, with a particular focus on a select number of 'healthy and unhealthy' foods. We also developed a detailed listing of transnational food corporations currently operating in Fiji. The study suggests that Fiji's WTO membership, in conjunction with associated economic and agricultural policy changes have contributed to increased availability of both healthy and less healthy imported foods. In systematically monitoring the import volume trends of these two categories of food, the study highlights an increase in healthy foods such as fresh fruits and vegetables and whole-grain refined cereals. The study also shows that there has been an increase in less healthy foods including fats and oils; meat; processed dairy products; energy-dense beverages; and processed and packaged foods. By monitoring the trends of imported foods at country level from the perspective of trade agreements, we are able to develop appropriate and targeted interventions to improve diets and health. This

  2. Public Utility Holding Company Act of 1935: 1935--1992

    Energy Technology Data Exchange (ETDEWEB)

    1993-01-15

    This report provides an economic and legislative history and analysis of the Public Utilities Holding Company Act (PUHCA) of 1935. This Act was substantially amended for the first time in 1992 by passage of the Energy Policy Act (EPACT). The report also includes a discussion of the issues which led to the amendment of PUHCA and projections of the impact of these changes on the electric industry. The report should be of use to Federal and State regulators, trade associations, electric utilities, independent power producers, as well as decision-makers in Congress and the Administration.

  3. Free Trade and Regional Development in Northern Mexico

    NARCIS (Netherlands)

    Leendert de Bell

    2010-01-01

    The impressive economic performance of Mexico during the first years after signing the North American Free Trade Agreement (NAFTA) with Canada and the United States has generated much interest as an example for other Latin American countries in their transition towards market-led economies. However,

  4. The Position of Suitcase Trading in Turkey’s Foreign Trade and Growth-Suitcase Trading Connection

    Directory of Open Access Journals (Sweden)

    Sinem YAPAR SAÇIK

    2013-12-01

    Full Text Available Suitcase trading which is defined as a purchasing process of merchandises in a country that is implemented by travelers (nonresidents to sell those merchandises in their own country; it has started to take place in balance of payments of Turkey since 1996. After the collapse of USSR in 1991 Turkey became a net exporter in suitcase trading so the country reached significant figures occasionally. In this paper the position of suitcase trading in Turkey’s foreign trade is analyzed in consideration of statistical indicators. According to the findings acquired from the study, suitcase trading is a significant variable for Turkey to have currency and to close foreign deficits. Suitcase trading and growth connection is also analyzed by econometric method which is co-integration test and the result is affirmative. And also it is found that this connection is unilateral causation from growth towards suitcase trading according to the findings of Granger causality test

  5. The Skill Bias of World Trade

    OpenAIRE

    Paolo Epifani; Gino Gancia

    2004-01-01

    We argue that, with an elasticity of substitution in consumption greater than one and higher scale economies in the skill-intensive sectors, the entire volume of world trade matters for wage inequality. This implies that trade intergration, even among identical countries, is likely to increase the skill premium. This result can also explain the increase in skill premia in developing countries that have experienced drastic trade liberalizations. Further, we argue that evidence of a falling rel...

  6. Persuasive and Politeness Strategies in Chinese Foreign Trade

    Institute of Scientific and Technical Information of China (English)

    张芳芳

    2013-01-01

    During international trade negotiations Chinese salespersons tend to employ a variety of persuasive and politeness strat⁃egies in marketing their products. Persuasion involves face-threatening acts (FTAs), thus politeness strategies which are applied to reduce face-threatening are combined with persuasive communication. This paper, taking Brown and Levinson’s model of po⁃liteness as a reference, makes an analysis on politeness strategies used in persuasive communication of the salespersons.

  7. [Trade-offs in the development of various dosage form (overview)].

    Science.gov (United States)

    Uchida, Takahiro

    2015-01-01

    In this symposium we focused on trade-offs which might occur in the process of development of many types of formulation and corresponding dissolution methods. Firstly, we focused on a solubility-permeability trade-off in the case of micelle with surfactant or molecular complex with CyD. The micelle would be successful in increasing drug solubility, however it rather decreased permeability of model drug progesterone (Biopharmaceutics Classfication System (BCS) Class II) as an overall flux. Secondly in order to reduce bitterness of branched chain amino acid (BCAA), increasing particle sizes of each amino acid crystals involved in formulation was effective since the release rate of amino acid was restricted efficiently. Thirdly, in the case of injection of paclitaxel (BCS Class II)formulation, the drug was adsorbed to albumin. Thereby the risk of allergy was dramatically decreased compared to the case when non-ionic surfactant was used as an additive. Fourth, anticancer drug was incorporated into the internal (core) phase of an orally disintegrating tablet (ODT), this is also merit to avoid exposure of the drug to a nursing person or individual working person in manufacturing process. Fifth, the convenient syringe type kit pharmaceutical preparation for administration of total parenteral nutrition (TPN) to avoid incompatibility and its risk management effect was briefly discussed. Finally, the risk of an additive such as alcohol for a preterm infant was described.

  8. Improving the availability of trade finance in developing countries: An assessment of remaining gaps

    OpenAIRE

    Auboin, Marc

    2015-01-01

    While conditions in trade finance markets returned to normality in the main routes of trade, the structural difficulties of poor countries in accessing trade finance have not disappeared – and might have been worsened during and after the global financial crisis. In fact, there is a consistent flow of information indicating that trade finance markets have remained characterized by a greater selectivity in risk-taking and flight to “quality” customers. In that environment, the lower end of the...

  9. REFERENCES OF THE NEW THEORY OF TRADE AND ECONOMIC GROWTH

    Directory of Open Access Journals (Sweden)

    Spiridon Pralea

    2012-12-01

    Full Text Available This paper shows that the dynamization of the traditional theory of international trade through the study of growth effects on the foreign trade in the framework of neoclassical analysis, alongsidethe approach with the Keynesian toolkit of the role of foreign trade as a factor of growth, have constituted the main aspects of the new theory of trade and economic growth. The “new theory” basically represents a set of theories and models of the type “growth-led export” or “export-led growth”, which explain the complex role of foreign trade in the dynamic of development, the new segments of international trade, and also provides base for trade strategies for development. Their typology includes: “import-substitutionstrategy”, “export-promotion strategy”, and more recently “outward oriented strategy”. In the context of regionalization and globalization of competition the author believes most appropriate the states’ option for a “outward - oriented competitive development strategy”.

  10. Common and different in the development of trade unions of Galicia first quarter of the ХХ century and modern Ukraine: comparative analysis

    Directory of Open Access Journals (Sweden)

    R. Ja. Berest

    2014-07-01

    Full Text Available Qualitative changes in the trade union movement of modern Ukraine are its origins back to the 80’s of the ХХ century. However, the final stage of almost 70­year history of professional organizations as a single centralized structure began last XIX Congress of Trade Unions of the USSR, held in 1990. Trade union movement since then began to develop on a completely different basis ­ federalism and konfederalizm that has long been practiced in the world in countries with highly developed democracy. And after Ukraine became independent trade unions immediately felt the change in the political situation, new and not simple environment for their activities. This study is one of the first attempts systematic research activities of trade unions on the territory of Galicia during the first quarter of the XX ­ XXI century. The article gives an opportunity to reveal one of the most important issues ­ the historical experience of activity of trade Union organizations of Eastern Galicia and modern Ukraine. It also shows the role and importance of trade unions in the political life of Galicia in the last century. The use of the comparative analysis made it possible to find the common and different in the activities of trade Union organizations of different historical periods.

  11. Trade and climate change

    Energy Technology Data Exchange (ETDEWEB)

    Tamiotti, L.; Teh, R.; Kulacoglu, V. (World Trade Organization (WTO), Geneva (Switzerland)); Olhoff, A.; Simmons, B.; Abaza, H. (United Nations Environment Programme (UNEP) (Denmark))

    2009-06-15

    The Report aims to improve understanding about the linkages between trade and climate change. It shows that trade intersects with climate change in a multitude of ways. For example, governments may introduce a variety of policies, such as regulatory measures and economic incentives, to address climate change. This complex web of measures may have an impact on international trade and the multilateral trading system. The Report begins with a summary of the current state of scientific knowledge on climate change and on the options available for responding to the challenge of climate change. The scientific review is followed by a part on the economic aspects of the link between trade and climate change, and these two parts set the context for the subsequent parts of the Report, which looks at the policies introduced at both the international and national level to address climate change. The part on international policy responses to climate change describes multilateral efforts to reduce greenhouse gas emissions and to adapt to the effects of climate change, and also discusses the role of the current trade and environment negotiations in promoting trade in technologies that aim to mitigate climate change. The final part of the Report gives an overview of a range of national policies and measures that have been used in a number of countries to reduce greenhouse gas emissions and to increase energy efficiency. It presents key features in the design and implementation of these policies, in order to draw a clearer picture of their overall effect and potential impact on environmental protection, sustainable development and trade. It also gives, where appropriate, an overview of the WTO rules that may be relevant to such measures. (author)

  12. Examination of forest products trade between Turkey and European ...

    African Journals Online (AJOL)

    The success of getting in the foreign trade forms one of the basic stones of economic development for countries. The current and potential trading volume among countries and determining the main factors affecting trade are quite important. The trade currents of the European Union (EU) countries and Turkey in the forest ...

  13. The bilateral trade agreements and export performance of South Asian nations with special reference to India Sri Lanka Free Trade Agreement

    Directory of Open Access Journals (Sweden)

    Suhail P

    2011-12-01

    Full Text Available The regional trade agreements (RTA have been one of the important developments in the world trading system in 1990s. There are number of studies on the effects trade agreements in different contexts. This study is an attempt to analyse the effects of bilateral trade agreements in the intraregional trade in the SAARC region with special reference to the Free Trade Agreements (FTA between India Sri Lanka. The study uses a panel regression analysis by using balance panel data. The study concludes that the FTA between India and Sri Lanka has brought positive results in the trade between these two nations by improving the bilateral trade in goods. The results of the study are important in the context of looking for the prospects of a free trade area in the region by member nations.

  14. The world trade organisation, human rights and development

    African Journals Online (AJOL)

    User

    M The Political Economy of the World Trading System: The WTO and Beyond .... enhancement of immunizations programmes and other strategies for controlling ... many African countries faced the “problem of poverty” which rendered them ... attendant opportunistic infections typically cost almost 15 times as much as their.

  15. Environmentally Responsible Trade and Its Importance for Sustainable Forestry

    Directory of Open Access Journals (Sweden)

    Olena Maxymets

    2006-06-01

    Full Text Available This article focuses on the environmental component of trade, primarily foreign trade, which concerns the interests of many countries. It examines the reciprocal influence of foreign trade and the environment. The author defines environmentally responsible trade and formulates its main principles. She examines the development of trade in forest products globally and in Ukraine and evaluates the impact of different trade restrictions on the condition of forests and the forestry industry. Indicators of the efficiency of foreign trade from the economic and environmental perspectives are proposed. Underlining the need for enterprises to switch over to environmentally responsible trade, the author proposes instruments to achieve this end.

  16. The determinants of trade credit use

    NARCIS (Netherlands)

    Hermes, Niels; Kihanga, Ernest; Lensink, Robert; Lutz, Clemens

    2015-01-01

    Most small businesses in the developing economies suffer from a lack of access to formal external finance. One important alternative source of finance for these entrepreneurs is trade credit. Applying a unique data-set containing data on specific trade relations between rice wholesalers and rice

  17. 75 FR 79440 - Financial Crimes Enforcement Network; Bank Secrecy Act Advisory Group; Solicitation of...

    Science.gov (United States)

    2010-12-20

    ... DEPARTMENT OF THE TREASURY Financial Crimes Enforcement Network; Bank Secrecy Act Advisory Group; Solicitation of Application for Membership AGENCY: Financial Crimes Enforcement Network, Department of the... financial institutions and trade groups for membership on the Bank Secrecy Act Advisory Group. New members...

  18. The ASEAN Free Trade Agreement: impact on trade flows and external trade barriers

    OpenAIRE

    Hector Calvo-Pardo; Caroline Freund; Emanuel Ornelas

    2009-01-01

    Using detailed data on trade and tariffs from 1992-2007, the authors examine how the ASEAN Free Trade Agreement has affected trade with nonmembers and external tariffs facing nonmembers. First, the paper examines the effect of preferential and external tariff reduction on import growth from ASEAN insiders and outsiders across HS 6-digit industries. The analysis finds no evidence that prefe...

  19. Development of the International Trade in Terms of Incoterms 2010 Rules

    Directory of Open Access Journals (Sweden)

    Lucia PALIU - POPA

    2012-04-01

    Full Text Available It is known that the world economy provides the entrepreneurs a wide range of functional integration in foreign trade systems, but these commercial transactions are subject to common rules established and uniformly applied throughout the world. In the context of the importance of time or place of the transfer of ownership from seller to buyer, in carrying out intra-Community and international trade, time that also influences the price of goods, as now and then there takes place the transfer and the acquisition of costs and of the risk that the delivery involves, in this paper we will analyse the new delivery terms used in foreign trade, regulated under the name of Incoterms 2010, after which analysis we will issue opinions on the benefits of the proper use of such rules.

  20. Syllabus in Trade Electricity-Electronics. Section II. Trade Electricity.

    Science.gov (United States)

    New York State Education Dept., Albany. Bureau of Occupational Education Curriculum Development.

    This second section of a three-part syllabus for a flexible curriculum in trade electricity-electronics contains four semi-independent units: (1) Advanced Electricity, (2) Residential and Commercial Wiring, (3) Industrial Electricity, and (4) Motor Controls. Introductory sections describe development of the curriculum, outline the total trade…

  1. Trade Costs, Conflicts, and Defense Spending

    OpenAIRE

    Seitz, Michael; Tarasov, Alexander; Zakharenko, Roman

    2013-01-01

    This paper develops a quantitative model of trade, military conflicts, and defense spending. Trade liberalization between two countries reduces probability of an armed conflict between them, causing both to cut defense spending. This in turn causes a domino effect on defense spending by other countries. As a result, both countries and the rest of the world are better off. We estimate the model using data on trade, conflicts, and military spending. We find that, after reduction of costs of tra...

  2. The External Trade of Romania: Evolution Trends

    Directory of Open Access Journals (Sweden)

    Botescu Ion

    2017-01-01

    On top of these, a series of negative impact events such as wars or crises have overlapped. Despite all the investment efforts made, the impact of Romania’s economic development on foreign trade was limited during the socialist era. As regards the volume of foreign trade, the trade balance, the structure of exports and imports, the value of exports per capita, Romania’s evolution was generally modest. Practically, with some exceptions, Romania’s involvement in international trade was below the economic potential of our country throughout the analyzed period.

  3. Trade Facilitation Provisions in Regional Trade Agreements: Discriminatory or Non-discriminatory?

    Directory of Open Access Journals (Sweden)

    Innwon Park

    2016-12-01

    Full Text Available The RTAs with trade facilitation provisions have been expected to generate a larger net trade-creating effect and complement the discriminatory feature of RTAs but have yet to be empirically proven. Recognizing the limitations of existing studies, we conducted a quantitative analysis on the effects of RTAs with and without trade facilitation provisions on both intra- and extra-bloc trade by using a modified gravity equation. We applied the Poisson Pseudo-Maximum Likelihood (PPML estimation with time varying exporter and importer fixed effect method to panel data consisting of 45,770 country pairs covering 170 countries for 2000-2010. We found that the trade facilitation provisions in existing RTAs are non-discriminatory by generating more intra- and extra-bloc trade in general. In particular, we found that the trade effects of RTAs in the APEC region are much stronger than the general case covering all RTAs in the world. In addition, as we control the trade effect of a country's trade facilitation, which is ranked by the World Bank's logistic performance index, RTAs consisting of trade facilitation provisions are discriminatory for trade in final goods and non-discriminatory for trade in intermediate goods. Overall, we endeavor to "explain," instead of "hypothesizing," why most of the recent RTAs contain trade facilitation provisions, especially in light of the deepening regional interdependence through trade in parts and components under global value chains and support the necessity of multilateralizing RTAs by implementing non-discriminatory trade facilitation provisions.

  4. 75 FR 26822 - In the Matter of: Universal Property Development & Acquisition Corp.; Order of Suspension of Trading

    Science.gov (United States)

    2010-05-12

    ... Universal Property Development & Acquisition Corp. (``Universal Property'') because it has not filed any... SECURITIES AND EXCHANGE COMMISSION [File No. 500-1] In the Matter of: Universal Property Development & Acquisition Corp.; Order of Suspension of Trading May 10, 2010. It appears to the Securities and...

  5. Trading Zones in Early Modern Europe.

    Science.gov (United States)

    Long, Pamela O

    2015-12-01

    This essay adopts the concept of trading zones first developed for the history of science by Peter Galison and redefines it for the early modern period. The term "trading zones" is used to mean arenas in which substantive and reciprocal communication occurred between individuals who were artisanally trained and learned (university-trained) individuals. Such trading zones proliferated in the sixteenth century. They tended to arise in certain kinds of places and not in others, but their existence must be determined empirically. The author's work on trading zones differs from the ideas of Edgar Zilsel, who emphasized the influence of artisans on the scientific revolution. In contrast, in this essay, the mutual influence of artisans and the learned on each other is stressed, and translation is used as a modality that was important to communication within trading zones.

  6. Study of atmospheric emission trading programs in the United States. Final report

    International Nuclear Information System (INIS)

    1991-01-01

    A detailed review and evaluation was conducted of federal and state atmospheric emission trading programs in the USA to identify the factors critical to a successful program. A preliminary assessment was also made of the feasibility of such a program for NOx and volatile organic compounds (VOC) in the lower Fraser Valley in British Columbia. To date, experience in the USA with atmospheric emissions trading has primarily involved trades of emission reduction credits pursuant to the 1977 Clean Air Act amendments. Most trades occur under netting provisions which allow expansion of an existing plant without triggering the stringent new-source review process. Six case studies of emissions trading are described from jurisdictions in California, New Jersey, and Kentucky and from the national SO 2 allowance trading program. Estimates of cost savings achieved by emissions trading are provided, and factors critical to a successful program are summarized. These factors include clearly defined goals, participation proportional to problem contribution, an emissions inventory of satisfactory quality, a comprehensive permit system, a credible enforcement threat, efficient and predictable administration, location of the program in an economic growth area, and support by those affected by the program. In the Fraser Valley, it is concluded that either an emissions reduction credit or an allowance trading system is feasible for both NOx and VOC, and recommendations are given for implementation of such a program based on the factors determined above. 1 fig., 8 tabs

  7. Troca intertemporal entre economias desenvolvidas e em desenvolvimento Intertemporal trade between developed and less developed countries

    Directory of Open Access Journals (Sweden)

    Marco Flávio da Cunha Resende

    2006-04-01

    Full Text Available O modelo neoclássico de troca intertemporal conclui pelo aumento do bem-estar concomitantemente à solvência externa intertemporal nas economias que promovem a abertura financeira e comercial. Porém, tal modelo não considera a existência de diferenciais de produtividade entre economias, assumidos em diversas escolas econômicas tais como a ricardiana, cepalina e neo-schumpeteriana. Neste artigo buscou-se avaliar a adequação do citado modelo em relação a um mundo onde os diferenciais de produtividade entre economias estão presentes. Constatou-se a inadequação do modelo neoclássico de troca intertemporal quando os citados diferenciais de produtividade são considerados.Ricardian, ECLAC-UN (Cepal and Neo-Schumpeterian schools of Economic Thought assume that there are productivity differentials across economies. This paper intends to analyze the power of intertemporal trade neoclassical model to explain the less development countries' intertemporal balance of payments solvency. Conclusions highlight the limits of the neoclassical model in explaining the intertemporal trade when productivity differentials across countries are assumed.

  8. The Southern African Development Community Trade Legal Instruments Compliance with Certain Criteria of GATT Article XXIV

    Directory of Open Access Journals (Sweden)

    A Saurombe

    2011-07-01

    Full Text Available Article XXIV of the General Agreement on Tariffs and Trade (GATT lays down the legal principles with which regional trade agreements have to conform. Based on these principles, WTO members have the mandate to determine the legality of Regional Trade Agreements (RTAs under the GATT. Article XXIV permits both regional and bilateral preferential trade agreements leading to the formation of customs unions and free trade areas, and seeks to integrate them in the multilateral trading system envisioned for the world. SADC is an RTA created under this Article. Notwithstanding the controversies surrounding the provisions and interpretation of Article XXIV, this paper seeks to establish the extent to which the SADC Protocol on Trade and free trade area comply with WTO rules. An analysis of selected Article XXIV provisions and the SADC Trade Protocol provisions will be undertaken in trying to establish this compliance.

  9. Renewable Energy Sources Act and Trading of Emission Certificates: A national and a supranational tool direct energy turnover to renewable electricity-supply in Germany

    International Nuclear Information System (INIS)

    Kirsten, Selder

    2014-01-01

    Aim: After the nuclear disaster at Fukushima in 2011, Germany decided to phase out atomic energy, without producing new CO 2 emissions. The article discusses the promotion systems that are used. Scope: The percentage of renewable energies in Germany's electricity consumption increased from 3 in 1990 to 23 in 2012. This development was introduced and guided by a law called Renewable Energy Sources Act. It guarantees a privileged acceptance of electricity and a fixed gratification for 20 years to the operators of regenerative power plants. It allows the operators to install regenerative power plants at a reduced risk. By contrast, the international means for CO 2 reduction is the trading of emission certificates, which is also valid for Germany. The article discusses how the promotion of the Erneuerbar-Energien-Gesetz (EEG) and other plant-based promotion systems fit into this condition. It also elucidates the actual decline of promotion, its problems to the country’s environmental economy and the approach of decentralized photovoltaic (PV) energy plants towards economical efficiency. Conclusions: Germany’s energy turnaround to a regenerative energy supply is characterized by a strong and differentiated promotion system. Substantial efforts have to be made as the percentage of the renewable energy sources has significantly increased but is still under 25%

  10. Trade Credit Insurance and Asymmetric Information Problem

    Directory of Open Access Journals (Sweden)

    Sokolovska Olena

    2017-03-01

    Full Text Available The presence of different risk factors in international trade gives evidence of the necessity of support in gaps that may affect exporters’ activity. To maximize the trade volumes and in the same time to minimize the exporters’ risks the stakeholders use trade credit insurance. The paper provides analysis of conceptual background of the trade credit insurance in the world. We analyzed briefly the problems, arising in insurance markets due to asymmetric information, such as adverse selection and moral hazard. Also we discuss the main stages of development of trade credit insurance in countries worldwide. Using comparative and graphical analysis we provide a brief evaluation of the dynamics of claims and recoveries for different forms of trade credit insurance. We found that the claims related to the commercial risk for medium and long trade credits in recent years exceed the recoveries, while with the political risk the reverse trend holds. And we originally consider these findings in terms of information asymmetry in the trade credit insurance differentiated by type of risk.

  11. Guidance to regulations on trade with emission permits for carbon dioxide; Vaegledning till lagstiftning om handel med utslaeppsraetter foer koldioxid

    Energy Technology Data Exchange (ETDEWEB)

    2008-07-15

    This guidance is intended to facilitate application of the rules on emissions trading. The guidance is principally concerned with issues relating to permit appraisal and monitoring, but also discusses some terms common to permits and allocations, such as installation and operator. The guidance follows the same structure as the Swedish Environmental Protection Agency regulations (NFS 2007:5) in order to provide direct support for the rules. The focus is on providing a general description of the responsibilities of the operator and application of the rules. In addition, some difficult terms and relationships are explained. However, no exhaustive description of the operator's responsibilities is given, nor are the rules on verification described. We therefore recommend that the guidance should be read in conjunction with the Trading Act, the Trading Ordinance and the Swedish Environmental Protection Agency regulations. The first chapter presents a brief description of the purpose of the trading scheme, and is followed by a chapter in which the rules on applying for permits and the application procedure are reviewed. The next chapter gives a description of how the operator should monitor emissions and how the rules for the monitoring plan work, as well as the options that exist for simplified monitoring. The next chapter looks at notifications the operator might have to make and what they should contain. Guidance is also provided on how the county administrative board should process these notifications. The conditions of the permit decision are also briefly described. This is followed by a short chapter on the emissions report and the materiality threshold. The final chapter comments on certain parts of the annexes to the regulations. The EU Emissions Trading Directive has been implemented in Sweden through the Emissions Trading Act (2004:1199) (the Trading Act), the Emissions Trading Ordinance (2004:1205), the Swedish Environmental Protection Agency regulations

  12. Trade Openness and Domestic Water Use

    Science.gov (United States)

    Dang, Qian; Konar, Megan

    2018-01-01

    We contribute to the debate over globalization and the environment by asking, what is the impact of trade on national water use? To address this question, we employ econometric methods to quantify the causal relationship between trade openness and water use. Specifically, we use the instrumental variables methodology to evaluate the impact of trade openness on domestic water withdrawals in agriculture and industry. We find that trade openness does not have a significant impact on total or industrial water withdrawals. However, we show that one percentage point increase in trade openness leads to a 5.21% decrease in agricultural water withdrawals. We find that trade openness reduces water use in agriculture primarily through the intensive margin effect, by leading farmers to produce more with less water, such as through the adoption of technology. We do not find evidence for extensive margin or crop mix impacts on agricultural water withdrawals. Significantly, these results demonstrate that trade openness leads to less water use in agriculture. This finding has broad scientific and policy relevance as we endeavor to untangle causal relationships in the complex global food system and develop policies to achieve water and food security.

  13. The Supply of Trade Credit by Brazilian Publicly Traded Firms

    Directory of Open Access Journals (Sweden)

    Rafael Felipe Schiozer

    2011-12-01

    Full Text Available This paper investigates the determinants of trade credit supply by Brazilian publicly traded companies between the years of 2005 and 2008. International literature (both theoretical and empirical documents that the main determinants of trade credit supply are the size of the firm and the size of its debt. Both indicate that the availability of resources to the firm is an important factor for the supply of trade credit. In addition, the literature confirms strategic uses of trade credit such as those for price discrimination purposes. The results obtained using a sample of 157 Brazilian companies do not support that size and indebtedness are relevant determinants for trade credit supply, but they confirm the supply of trade credit as a strategic tool for the firms. Additionally we observed a significant decrease in trade credit supply in 2008, the year in which a severe international financial crisis took place.

  14. Human Factors in Financial Trading

    Science.gov (United States)

    Leaver, Meghan; Reader, Tom W.

    2016-01-01

    Objective This study tests the reliability of a system (FINANS) to collect and analyze incident reports in the financial trading domain and is guided by a human factors taxonomy used to describe error in the trading domain. Background Research indicates the utility of applying human factors theory to understand error in finance, yet empirical research is lacking. We report on the development of the first system for capturing and analyzing human factors–related issues in operational trading incidents. Method In the first study, 20 incidents are analyzed by an expert user group against a referent standard to establish the reliability of FINANS. In the second study, 750 incidents are analyzed using distribution, mean, pathway, and associative analysis to describe the data. Results Kappa scores indicate that categories within FINANS can be reliably used to identify and extract data on human factors–related problems underlying trading incidents. Approximately 1% of trades (n = 750) lead to an incident. Slip/lapse (61%), situation awareness (51%), and teamwork (40%) were found to be the most common problems underlying incidents. For the most serious incidents, problems in situation awareness and teamwork were most common. Conclusion We show that (a) experts in the trading domain can reliably and accurately code human factors in incidents, (b) 1% of trades incur error, and (c) poor teamwork skills and situation awareness underpin the most critical incidents. Application This research provides data crucial for ameliorating risk within financial trading organizations, with implications for regulation and policy. PMID:27142394

  15. Nuclear international trade: The point of view of the countries in nuclear development

    International Nuclear Information System (INIS)

    Manovil, R.M.

    1986-01-01

    To establish unified legal rules to regulate the international nuclear trade it is hard to compatibilize the social, economic, political and financial values and interests. An attempt to codify the flow of nuclear supplies and services might be regarded by the developing countries as an attempt to impose upon them a 'minimum standard'. This appears often as the benefit of the enterprises of the industrialized countries. (CW) [de

  16. Trading CO2 emission; Verhandelbaarheid van CO2-emissies

    Energy Technology Data Exchange (ETDEWEB)

    De Waal, J.F.; Looijenga, A.; Moor, R.; Wissema, E.W.J. [Afdeling Energie, Ministerie van VROM, The Hague (Netherlands)

    2000-06-01

    Systems for CO2-emission trading can take many shapes as developments in Europe show. European developments for emission trading tend to comprehend cap and-trade systems for large emission sources. In the Netherlands a different policy is in preparation. A trading system for sheltered sectors with an option to buy reductions from exposed sectors will be further developed by a Commission, appointed by the minister of environment. Exposed sectors are committed to belong to the top of the world on the area of energy-efficiency. The authors point out that a cap on the distribution of energy carriers natural gas, electricity and fuel seems to be an interesting option to shape the trade scheme. A cap on the distribution of electricity is desirable, but not easy to implement. The possible success of the system depends partly on an experiment with emission reductions. 10 refs.

  17. 78 FR 48866 - Nationwide Categorical Waivers Under the American Recovery and Reinvestment Act of 2009 (Recovery...

    Science.gov (United States)

    2013-08-12

    ... fixtures, exterior, LED color- changing direct view lighting fixtures, and multicolor DMX-512 LED wash and... recipients of EERE Recovery Act funds, and from suppliers, distributors, retailers and trade associations... was not identified through a thorough search by EERE, MEP and several trade groups. Direct line...

  18. Research and International Trade Policy Negotiations: Knowledge ...

    International Development Research Centre (IDRC) Digital Library (Canada)

    2009-10-07

    Oct 7, 2009 ... ... pillar of Latin America's development strategy into the 21st century. ... and policy advisors involved in trade negotiations and the formulation of trade policy. ... Expanding women's financial inclusion: A win-win for women and ...

  19. Emergence of trend trading and its effects in minority game

    Science.gov (United States)

    Liu, Xing-Hua; Liang, Xiao-Bei; Wang, Nai-Jing

    2006-09-01

    In this paper, we extended Minority Game (MG) by equipping agents with both value and trend strategies. In the new model, agents (we call them strong-adaptation agents) can autonomically select to act as trend trader or value trader when they game and learn in system. So the new model not only can reproduce stylized factors but also has the potential to investigate into the process of some problems of securities market. We investigated the dynamics of trend trading and its impacts on securities market based on the new model. Our research found that trend trading is inevitable when strong-adaptation agents make decisions by inductive reasoning. Trend trading (of strong-adaptation agents) is not irrational behavior but shows agent's strong-adaptation intelligence, because strong-adaptation agents can take advantage of the pure value agents when they game together in hybrid system. We also found that strong-adaptation agents do better in real environment. The results of our research are different with those of behavior finance researches.

  20. Modern trends of electronic trading by negotiable financial instruments

    OpenAIRE

    Кравчук, Ігор Святославович

    2018-01-01

    International negotiable financial instrument markets have a high level of electronic trading. It is displayed using the consolidated limit order book, the widening the range of trading orders, smart order routing, high speed access to the market on the basis of latency minimizing. The result of electronic trading is the development of high-frequency trading, the positive features of which are the increase of trading activity and market liquidity, and the reducing of transaction costs. The ma...

  1. Insider trading

    International Nuclear Information System (INIS)

    Maslechko, W.S.

    1998-01-01

    The policy arguments for and against prohibiting insider trading within the petroleum industry are discussed. Legal definitions of all relevant terms (e.g. 'special relationship' 'tippees', 'material facts', material changes' 'generally disclosed' information', 'necessary course of business') are provided. Enforcement of insider trading/tipping prohibitions are also defined. The recommended practice is: do not trade; do not tell or advise; encourage timely disclosure; do not speculate; implement a corporate disclosure and trading policy

  2. Trade Secrets in Life Science and Pharmaceutical Companies

    Science.gov (United States)

    Nealey, Tara; Daignault, Ronald M.; Cai, Yu

    2015-01-01

    Trade secret protection arises under state common law and state statutes. In general, a trade secret is information that is not generally known to the public and is maintained as a secret, and it provides a competitive advantage or economic benefit to the trade secret holder. Trade secrets can be worth tens or hundreds of millions of dollars, and damage awards in trade secret litigation have been high; often, there is a lot at stake. Obtaining a trade secret through “improper means” is misappropriation. If the alleged trade secret, however, was developed independently, known publicly, or not maintained as a secret, then those defenses may successfully overcome a claim for trade secret misappropriation. With today’s interconnectedness in the biotechnology and pharmaceutical fields, more collaborations, joint ventures, and outsourcing arrangements among firms, and increased mobility of employees’ careers, life science companies need to not only understand how to protect their trade secrets, but also know how to defend against a claim for trade secret theft. PMID:25414378

  3. Trade secrets in life science and pharmaceutical companies.

    Science.gov (United States)

    Nealey, Tara; Daignault, Ronald M; Cai, Yu

    2014-11-20

    Trade secret protection arises under state common law and state statutes. In general, a trade secret is information that is not generally known to the public and is maintained as a secret, and it provides a competitive advantage or economic benefit to the trade secret holder. Trade secrets can be worth tens or hundreds of millions of dollars, and damage awards in trade secret litigation have been high; often, there is a lot at stake. Obtaining a trade secret through "improper means" is misappropriation. If the alleged trade secret, however, was developed independently, known publicly, or not maintained as a secret, then those defenses may successfully overcome a claim for trade secret misappropriation. With today's interconnectedness in the biotechnology and pharmaceutical fields, more collaborations, joint ventures, and outsourcing arrangements among firms, and increased mobility of employees' careers, life science companies need to not only understand how to protect their trade secrets, but also know how to defend against a claim for trade secret theft. Copyright © 2015 Cold Spring Harbor Laboratory Press; all rights reserved.

  4. Does trade matter for carbon emissions in OECD countries? Evidence from a new trade openness measure.

    Science.gov (United States)

    Gozgor, Giray

    2017-12-01

    This paper analyzes the impacts of the per capita income, the per capita energy consumption, and the trade openness on the level of per capita carbon emissions in the panel dataset of 35 Organization for Economic Cooperation and Development (OECD) countries over the period 1960-2013. Along with the nominal trade openness, the paper uses a different trade openness measure, so called as the "trade potential index" (TPI). To the best of our knowledge, this is the first paper that uses the TPI in the empirical environmental Kuznets curve (EKC) hypothesis literature. The paper finds that the EKC hypothesis is valid and there is an "inverted-U" relationship between the income and the carbon emissions. In addition, the paper observes that there is a positive effect of the energy consumption on the carbon emissions. Furthermore, the results indicate that both trade openness measures are negatively associated with the carbon emissions in the OECD countries in the long run.

  5. Emissions trading and the negotiation of pollution credits

    Energy Technology Data Exchange (ETDEWEB)

    Black A.J.

    2000-07-01

    A new market is emerging based on greenhouse gas emissions and the trading of pollution credits. While the structure of the primary market is being planned, many businesses are already positioning themselves in the nascent secondary market. This trend is based on corporate 'realpolitik' a recognition that tougher environmental regulation is inevitable. But the development of an emissions trading regime is lagging behind commercial reality. This article examines the state of play in the development of a market for carbon emissions trading.

  6. Recent Trends in World Trade and International Negotiations

    OpenAIRE

    Christophe Bellmann; Trineesh Biswas; Marie Chamay

    2010-01-01

    World trade in 2009 was dominated by the worst financial and economic crisis in decades. Global output shrank. So did the volume of international trade. Despite bearing no responsibility for the crisis, the poorer developing countries have fared the worst. China, Brazil and India saw exports drop by between a fifth and a third in the second half of 2008, but countries not belonging to the top 20 developing country exporters were hit even harder. Trade and GDP growth have started to pick up ag...

  7. Strategic research on the sustainable development cost of manufacturing industry under the background of carbon allowance and trade policy

    Science.gov (United States)

    Ma, Zhongmin; Cheng, Mengting; Wang, Mei

    2017-08-01

    The important subjects of energy consumption and carbon emission are manufacturing enterprises, with the deepening of international cooperation, and the implementation of carbon limit and trade policy, costs of manufacturing industry will rise sharply. How can the manufacturing industry survive in this reform, and it has to be a problem that the managers of the manufacturing industry need to solve. This paper analyses sustainable development cost connotation and value basis on the basis of sustainable development concept, discusses the influence of carbon allowance and trade policy for cost strategy of manufacturing industry, thinks that manufacturing industry should highlight social responsibility and realize maximization of social value, implement cost strategy the sustainable development, and pointed out the implementation way.

  8. CO2 emissions, energy consumption, income and foreign trade: A South African perspective

    International Nuclear Information System (INIS)

    Kohler, Marcel

    2013-01-01

    The effect of trade liberalisation on environmental conditions has yielded significant debate in the energy economics literature. Although research on the relationship between energy consumption, emissions and economic growth is not new in South Africa, no study specifically addresses the role that South Africa's foreign trade plays in this context. A surprising fact given trade is one of the most important factors that can explain the environmental Kuznets curve. This study employs recent South African trade and energy data and modern econometric techniques to investigate this. The main finding of interest in this paper is the existence of a long run relationship between environmental quality, levels of per capita energy use and foreign trade in South Africa. As anticipated per capita energy use has a significant long run effect in raising the country's CO 2 emission levels, yet surprisingly higher levels of trade for the country act to reduce these emissions. Granger causality tests confirm the existence of a positive bidirectional relationship between per capita energy use and CO 2 emissions. Whilst the study also finds positive bidirectional causality between trade and income per capita and between trade and per capita energy use, it appears however that trade liberalisation in South Africa has not contributed to a long run growth in pollution-intensive activities nor higher emission levels. - Highlights: • A long run relationship between CO 2 emissions, levels of energy use and trade in SA. • Per capita energy has a significant long run effect in raising SA's CO 2 levels. • Trade reduces CO 2 emissions through stimulating technological innovations. • Positive bidirectional causality between per capita energy use and CO 2 emissions. • Bidirectional causality between trade and income and trade and energy use

  9. International trade agreements: a threat to tobacco control policy.

    Science.gov (United States)

    Shaffer, E R; Brenner, J E; Houston, T P

    2005-08-01

    International covenants establish a role for governments in ensuring the conditions for human health and wellbeing, which has been recognised as a central human right. International trade agreements, conversely, prioritize the rights of corporations over health and human rights. International trade agreements are threatening existing tobacco control policies and restrict the possibility of implementing new controls. This situation is unrecognised by many tobacco control advocates in signatory nations, especially those in developing countries. Recent agreements on eliminating various trade restrictions, including those on tobacco, have expanded far beyond simply international movement of goods to include internal tobacco distribution regulations and intellectual property rules regulating advertising and labelling. Our analysis shows that to the extent trade agreements protect the tobacco industry, in itself a deadly enterprise, they erode human rights principles and contribute to ill health. The tobacco industry has used trade policy to undermine effective barriers to tobacco importation. Trade negotiations provide an unwarranted opportunity for the tobacco industry to assert its interests without public scrutiny. Trade agreements provide the industry with additional tools to obstruct control policies in both developed and developing countries and at every level. The health community should become involved in reversing these trends, and help promote additional measures to protect public health.

  10. Outline for the establishment of an orderly coal trade market

    International Nuclear Information System (INIS)

    Murai, S.

    1988-01-01

    This paper reports on the present situation of the coal trade market. It discusses the changes in the coal trade market, the present situation of the coal trade in Japan, supply trends, demand trends and fluctuation of exchange rates. This paper also reports on the problems associated with establishing an orderly coal trade market by the examination of contract form, development of coal technology to expand coal use, cooperation with developing countries and creating a new coal market by establishing a coal complex

  11. Additive versus Multiplicative Trade Costs and the Gains from Trade Liberalizations

    DEFF Research Database (Denmark)

    Sørensen, Allan

    2014-01-01

    This paper addresses welfare e¤ects from trade liberalization in a Melitz (2003) heterogeneous-…rms trade model including the empirically important per-unit (i.e. additive) trade costs in addition to the conventional iceberg (i.e. multiplicative) and …xed trade costs. The novel contribution...... of the pa- per is the result that the welfare gain for a given increase in trade openness is higher for reductions in per-unit (additive) trade costs than for reductions in iceberg (multiplicative) trade costs. The ranking derives from di¤erences in intra-industry reallocations and in particular from...

  12. Slovak Republic Act of 11 February 1998 on the energetics and on alterations to Act No. 455/1991 Collection of Acts of CSFR on small business (trade Act) in version of posterior regulations

    International Nuclear Information System (INIS)

    1998-01-01

    This act constitute: (a) conditions of undertaking in electro-energetic, gas industry, and heat supply (in next only 'energetic' branches) ; (b) rights and responsibility of physical and act person undertaking in energetic branches; (c) rights and responsibility of customers of electricity, gas, and heat; counteract measures in the need situations, (d) and at prevention before need situations in energetic branches; (e) state regulation in energetic; (f) authority on keep of this act. The act is divided into for parts: (1) General constitutions, (2) Energetic branches; (3) The state authority; (4) Common, transient and invalidation constitutions.This act deals with the specific conditions for undertaking in nuclear power plants, too (licensing, security). This act shall into effect on 1 July 1998

  13. The rise and fall of GO trading in European renewable energy policy. The role of advocacy and policy framing

    Energy Technology Data Exchange (ETDEWEB)

    Nilsson, Maans [Stockholm Environment Institute (SEI), Kraeftriket 2B, SE 10691 Stockholm (Sweden); Nilsson, Lars J.; Ericsson, Karin [Environmental and Energy Systems Studies, Lund University, Box 118, SE 22100 Lund (Sweden)

    2009-11-15

    This paper examines policy processes surrounding the rise and fall of the proposed EU-wide policy instrument designed to help achieve the EU's renewable energy targets - the trading of Guarantees of Origin (GO). It discusses its origins and examines factors in the policy processes over time leading first to its development and then to its abandonment. A first analysis looks at the near-term policy-making process before and after the proposal on GO trading in January 2008, focusing on the European policy-making institutions and influences of interest groups and member state governments. It then takes a step back and looks over a longer time period at how competing policy frames have shaped the agendas underlying the debate. Results show how a strong internal market frame acted as a primary driving force in the Commission to promote the GO trading instrument. The rejection of the GO trading proposal in the Council and Parliament can be largely attributed to the lack of a strong lobby in favour of GO, the accumulated experience with and institutionalisation of national RES support policies such as feed-in tariffs, and growing general political concerns for supply security, innovation and competitiveness. (author)

  14. The rise and fall of GO trading in European renewable energy policy: The role of advocacy and policy framing

    Energy Technology Data Exchange (ETDEWEB)

    Nilsson, Mans, E-mail: mans.nilsson@sei.s [Stockholm Environment Institute (SEI), Kraeftriket 2B, SE 10691 Stockholm (Sweden); Nilsson, Lars J.; Ericsson, Karin [Environmental and Energy Systems Studies, Lund University, Box 118, SE 22100 Lund (Sweden)

    2009-11-15

    This paper examines policy processes surrounding the rise and fall of the proposed EU-wide policy instrument designed to help achieve the EU's renewable energy targets-the trading of Guarantees of Origin (GO). It discusses its origins and examines factors in the policy processes over time leading first to its development and then to its abandonment. A first analysis looks at the near-term policy-making process before and after the proposal on GO trading in January 2008, focusing on the European policy-making institutions and influences of interest groups and member state governments. It then takes a step back and looks over a longer time period at how competing policy frames have shaped the agendas underlying the debate. Results show how a strong internal market frame acted as a primary driving force in the Commission to promote the GO trading instrument. The rejection of the GO trading proposal in the Council and Parliament can be largely attributed to the lack of a strong lobby in favour of GO, the accumulated experience with and institutionalisation of national RES support policies such as feed-in tariffs, and growing general political concerns for supply security, innovation and competitiveness.

  15. Optimal trading based on ideal coordination

    International Nuclear Information System (INIS)

    Egeland, H.

    1992-01-01

    The author places more emphasis on the technical than on the economical aspects of trading with electric power. Calculation models which can be used to study this trade taking place under the influence of unequal preconditions in Denmark, Finland, Norway and Sweden are presented. It is suggested that trade between these countries is currently satisfactory and should be further developed. The advantages of standard contracts are mentioned. Forms of exchange of, for example, technology know-how between these Nordic countries in the process of connecting their distribution systems etc. would be most advantageous. (AB)

  16. Trade Policy Preferences and the Factor Content of Trade

    DEFF Research Database (Denmark)

    Jäkel, Ina Charlotte; Smolka, Marcel

    demonstrate that the factor price changes induced by trade policy are negatively correlated with the factor content of free trade (and therefore factor abundance). Using large-scale international survey data, we test whether these predicted distributional effects are reflected in the trade policy preferences...... of workers with different labor market skills. In order to isolate the effects of factor abundance from other skill-related confounding factors, we employ a within-skill-group estimator that exploits the cross-country variation in the factor content of free trade. In line with theory, the data show......This paper provides a theoretical and empirical analysis of public opinion towards free trade, investigating cleavages both between and within countries. We study the distributional effects of trade policy in a neoclassical economy with not just two, but many input factors in production. We...

  17. European Trading Companies and Economic Development in the ...

    African Journals Online (AJOL)

    The paper focuses on the gradual planting of European colonial presence in the interior of the Basin through the agency of their trading companies and the activities of the African middlemen. With time, the result was the establishment of pioneer oil mills and a gradual but peaceful interaction with the rural dwellers of the ...

  18. Free trade or just trade? The world trade organisation, human rights ...

    African Journals Online (AJOL)

    The author critically examines the role of the World Trade Organisation (WTO). In recent years, it is noted, the organisation's agenda of trade liberalisation, its perceived lack of accountability and insensitivity to human rights have attracted intense criticism. It has been asserted that provisions of WTO agreements concerning ...

  19. Energy forum 92: Efficiency, trade and the environment

    Energy Technology Data Exchange (ETDEWEB)

    1992-01-01

    In 1992 B.C. Hydro's annual Electric Energy Forum was held in conjunction with the National Energy Forum to provide an opportunity for delegates from utilities, government, industry, international development agencies, environmental groups, universities and interested members of the public to discuss major energy issues of today and tomorrow. Three main themes were addressed: Efficiency (the latest developments in energy-efficient technologies and their role in sustainable development), trade (strategies for trade in energy and related technologies), and environment (the effects of energy production, use and trade on the local, regional and global environment). This document presents opening remarks, speeches presented, and panel discussions.

  20. Aspects related to 'emission trading'

    International Nuclear Information System (INIS)

    Tutuianu, Ovidiu

    1999-01-01

    The paper presents the aspects of international GHG (greenhouse gases) emission trading, such as: quality of GHG emission data, possible partners, monitoring activity, market mechanisms and difficulties. The following conclusions are drown: - debates on international trade with GHG emissions are currently in a very early stage; - actions are possible and feasible, particularly after Kyoto Conference, as versatile mechanism (besides the Joint Implementation Projects) which have in view the lowering of the global emission costs in different zones of the planet; - difficulties concerning monitoring, reporting and verification, practically preclude implementing a system of emission trading covering all the GHG, all the sources and reservoirs; - an international viable system of emission trading could initiate with a limited number of participants and consideration of only emission categories easy to be confined and surveyed; - existence of a national market and corresponding institutions for monitoring which could booster an international system development

  1. The hidden hyperbolic geometry of international trade: World Trade Atlas 1870-2013.

    Science.gov (United States)

    García-Pérez, Guillermo; Boguñá, Marián; Allard, Antoine; Serrano, M Ángeles

    2016-09-16

    Here, we present the World Trade Atlas 1870-2013, a collection of annual world trade maps in which distance combines economic size and the different dimensions that affect international trade beyond mere geography. Trade distances, based on a gravity model predicting the existence of significant trade channels, are such that the closer countries are in trade space, the greater their chance of becoming connected. The atlas provides us with information regarding the long-term evolution of the international trade system and demonstrates that, in terms of trade, the world is not flat but hyperbolic, as a reflection of its complex architecture. The departure from flatness has been increasing since World War I, meaning that differences in trade distances are growing and trade networks are becoming more hierarchical. Smaller-scale economies are moving away from other countries except for the largest economies; meanwhile those large economies are increasing their chances of becoming connected worldwide. At the same time, Preferential Trade Agreements do not fit in perfectly with natural communities within the trade space and have not necessarily reduced internal trade barriers. We discuss an interpretation in terms of globalization, hierarchization, and localization; three simultaneous forces that shape the international trade system.

  2. Determinants of Iran's BilateralIntra-industry Trade in Pharmaceutical Industry.

    Science.gov (United States)

    Aghlmand, Siamak; Rahimi, Bahlol; Farrokh-Eslamlou, Hamidreza; Nabilou, Bahram; Yusefzadeh, Hassan

    2018-01-01

    Among non-oil and in trade arena, drug has always been strategic importance and most government especially industrialized countries pay special attention to its production and trade issues. Thus, having a comprehensive view from economic perspective to this section is essential for suggesting intervention. This was a descriptive-analytical and panel study. In this study, gravity model is used to estimate Iran's bilateral intra-industry trade in pharmaceutical products in the 2001-2012 periods. To illustrate the extent of pharmaceutical's intra-industry trade between Iran and its major trading partners, the explanatory variables of market size, income, factor endowments, distance, cultural contributions, and similarities and also special trade arrangements have been applied. Analysis of factors affecting Iran's bilateral intra-industry trade in pharmaceutical industry showed that the average GDP and cultural similarities had a significant positive impact on Iran's bilateral IIT, while the difference in GDP has a negative and significant effect. Coefficients obtained for the geographical distance and the average ratio of total capital to the labor force is not consistent with theoretical expectations. Special trade arrangements did not have significant impact on the extent of bilateral intra-industry trade between Iran and its trading partners. The knowledge of the intra-industry trade between Iran and its trade partners make integration between the countries. Factors affecting this type of trade pattern underlie its development in trade relationship. Therefore, the findings of this study would be useful in helping to develop and implement policies for the expansion of the pharmaceutical trade.

  3. THE DEVELOPMENT OF NEW ORGANIZATION FORMS OF WHOLESALE TRADE ENTERPRISES IN RUSSIA

    Directory of Open Access Journals (Sweden)

    Andrey N. Vashchekin

    2015-01-01

    Full Text Available The new conditions of wholesale business in Russia, formed by the economicreforms, led the formation and development of qualitatively different tradingactivity forms, new organization types,which involves reconsideration of traditional wholesale enterprises modelingconcepts. In the near future market willbe dominated with wholesale and retail associations. Competing with each other, they will gradually grow by the additionof small commercial enterprises. Thereis also the emergence of not previouslyencountered universal dual-use forms of trade organization resulting from thepenetration of network technologies in management.

  4. International Trade of Agricultural Products in the Context of "B&R" Initiative

    Institute of Scientific and Technical Information of China (English)

    Lijing WU; Shuhua XIE

    2016-01-01

    At present,China’s agricultural product trade is facing the development dilemma. The trade deficit is expanding,market and product structure is irrational,and the Chinese agriculture products often encounter trade barriers. " B&R" initiative provides a rare opportunity for the development of agricultural products in China. It is necessary to seize this opportunity to change idea and innovate upon mechanism so as to increase the added value of exported agricultural products through various channels. There is also a need to develop electronic commerce,and make full use of interconnectivity and trade facilitation in " B&R" initiative to develop the international trade of agricultural products.

  5. Rapid turns in European renewable energy policy: advocacy and framing of the proposed trading of guarantees of origin

    Energy Technology Data Exchange (ETDEWEB)

    Nilsson, Maans; Nilsson, Lars J.; Ericsson, Karin

    2008-10-15

    The EU has assumed ambitious targets and strategies for the promotion of renewable sources of energy (RES) binding to all its member states. This report sets out to examine the proposed EU-wide policy instrument designed to help achieve the targets on renewable electricity and heat - the trading of Guarantees of Origin (GO). It analyses the fate of the GO trading proposal in the European policy-making machinery during 2007 and 2008. It first discusses its origins, key components and points of contention, and then examines key factors behind the policy development leading first to its development and subsequently to its abandonment in 2008. Addressing these factors, the report explores first the near-term policy-making process before and after the proposal on GO trading was tabled in January 2008, focusing on processes in the European bureaucracy and how they were influenced by different interest groups and member state governments. It then takes a step back and looks at how competing policy frames over time have shaped the GO instrument debate. Results show how a strong internal market frame acted as a primary driving force in the Commission throughout the 2000s to promote the GO trading instrument. The subsequent collapse of the GO trading proposal can be largely attributed to a) the lack of a strong lobby in favour of GO, b) the accumulated experience with and institutionalisation of national RES support policy, and c) growing general political concerns for supply security, innovation and competitiveness. In the end, the fall of the GO trading instrument is indicative of how the underlying political battle line between advocates of the European internal market and guardians of national interests has moved in favour of the latter in recent years. (author). refs

  6. Space-DRUMS trade mark sign experimental development using parabolic reduced gravity flights

    International Nuclear Information System (INIS)

    Guigne, J.Y.; Millan, D.; Davidson, R.

    2000-01-01

    Space-DRUMS trade mark sign is a microgravity containerless-processing facility that uses acoustic beams to position large diameter liquid or solid samples within a gas-filled chamber. Its capacity to control the position of large diameter (6 cm) low density solid materials was successfully demonstrated on NASA's DC-9 parabolic aircraft in July 1996; two subsequent flights occurred in 1998 using the KC-135 and A-300 aircraft to further refine the technology used in the system. The working environment for the Space-DRUMS trade mark sign facility is the Space Shuttle/Space Station where long duration microgravity experimentation can take place. Since the reduced gravity environment of an A-300 or a KC-135 parabolic flight is much harsher than that of the Space Shuttle in terms of residual acceleration magnitudes experienced by the samples to be held in position; this more extreme environment allows for most Space-DRUMS trade mark sign technical payload functionality tests to be conducted. In addition to flight hardware shakedowns, parabolic flights continue to be extensively used to study and evaluate the behavior of candidate-advanced materials proposed for ISS Space-DRUMS trade mark sign campaigns. The first samples to be processed in 2001 involve combustion synthesis (also known as SHS - Self-propagating High Temperature Synthesis) of large glass-ceramic and of porous ceramic spheres. Upmassing Space-DRUMS trade mark sign for the International Space Station is scheduled for early 2001

  7. Insider trading under trading ban regulation in China’s A-share market

    Directory of Open Access Journals (Sweden)

    Chafen Zhu

    2015-09-01

    Full Text Available This study examines the effects of China’s 2008 trading ban regulation on the insider trading of large shareholders in China’s A-share market. It finds no evidence of insider trading during the ban period (one month before the announcement of a financial report, due to high regulation risk. However, the ban only constrains the profitability of insider trades during the ban period, while trades outside it remain highly profitable. Informed insider trading before the ban period is 2.83 times more profitable than uninformed trading. The regulation has changed insider trading patterns, but has been ineffective in preventing insider trading by large shareholders due to rigid administrative supervision and a lack of civil litigation and flexible market monitoring. This study enhances understanding of large shareholders’ trading behavior and has important implications for regulators.

  8. Assessing trade-offs in large marine protected areas.

    Science.gov (United States)

    Davies, Tammy E; Epstein, Graham; Aguilera, Stacy E; Brooks, Cassandra M; Cox, Michael; Evans, Louisa S; Maxwell, Sara M; Nenadovic, Mateja; Ban, Natalie C

    2018-01-01

    Large marine protected areas (LMPAs) are increasingly being established and have a high profile in marine conservation. LMPAs are expected to achieve multiple objectives, and because of their size are postulated to avoid trade-offs that are common in smaller MPAs. However, evaluations across multiple outcomes are lacking. We used a systematic approach to code several social and ecological outcomes of 12 LMPAs. We found evidence of three types of trade-offs: trade-offs between different ecological resources (supply trade-offs); trade-offs between ecological resource conditions and the well-being of resource users (supply-demand trade-offs); and trade-offs between the well-being outcomes of different resource users (demand trade-offs). We also found several divergent outcomes that were attributed to influences beyond the scope of the LMPA. We suggest that despite their size, trade-offs can develop in LMPAs and should be considered in planning and design. LMPAs may improve their performance across multiple social and ecological objectives if integrated with larger-scale conservation efforts.

  9. Trading Agents

    CERN Document Server

    Wellman, Michael

    2011-01-01

    Automated trading in electronic markets is one of the most common and consequential applications of autonomous software agents. Design of effective trading strategies requires thorough understanding of how market mechanisms operate, and appreciation of strategic issues that commonly manifest in trading scenarios. Drawing on research in auction theory and artificial intelligence, this book presents core principles of strategic reasoning that apply to market situations. The author illustrates trading strategy choices through examples of concrete market environments, such as eBay, as well as abst

  10. Trade reforms, market access, and poverty in Argentina

    OpenAIRE

    Porto, Guido G.

    2003-01-01

    Much of the literature that studies the relationship between trade and poverty in developing countries focuses on the effects of national trade reforms, such as own tariff reductions. In contrast, the World Trade Organization negotiations at the Doha Round were more concerned with the poverty effects on low-income countries, and of foreign reforms, such as the elimination of agricultural s...

  11. Modeling climate change impacts on water trading.

    Science.gov (United States)

    Luo, Bin; Maqsood, Imran; Gong, Yazhen

    2010-04-01

    This paper presents a new method of evaluating the impacts of climate change on the long-term performance of water trading programs, through designing an indicator to measure the mean of periodic water volume that can be released by trading through a water-use system. The indicator is computed with a stochastic optimization model which can reflect the random uncertainty of water availability. The developed method was demonstrated in the Swift Current Creek watershed of Prairie Canada under two future scenarios simulated by a Canadian Regional Climate Model, in which total water availabilities under future scenarios were estimated using a monthly water balance model. Frequency analysis was performed to obtain the best probability distributions for both observed and simulated water quantity data. Results from the case study indicate that the performance of a trading system is highly scenario-dependent in future climate, with trading effectiveness highly optimistic or undesirable under different future scenarios. Trading effectiveness also largely depends on trading costs, with high costs resulting in failure of the trading program. (c) 2010 Elsevier B.V. All rights reserved.

  12. 75 FR 23565 - Unfair or Deceptive Acts or Practices; Amendment

    Science.gov (United States)

    2010-05-04

    ... are subsumed within, though not identical to, the protections of the Credit CARD Act and the Board's... protection, Credit, Credit cards, Deception, Intergovernmental relations, Savings associations, Trade... ``Prohibited Consumer Credit Practices'' to avoid duplication and inconsistency with the Credit Card...

  13. Fishers, Fair Trade, and finding middle ground

    NARCIS (Netherlands)

    Bailey, Megan; Bush, Simon; Oosterveer, Peter; Larastiti, Laksmi

    2016-01-01

    The goal of Fair Trade certification is to contribute to sustainable development by offering trading conditions that are transparent and equitable. One important condition is improved market access and strengthened producer organizations. In regions like Southeast Asia this goal can be hard to

  14. Redirecting International Trade

    DEFF Research Database (Denmark)

    Kokko, Ari; Söderlund, Bengt; Tingvall, Patrik Gustavsson

    2014-01-01

    The global financial crisis has contributed to the redirection of trade towards new markets outside the OECD area, where both demand patterns and the institutional environment differ from those in the OECD. This study provides an empirical examination of the consequences of this shift, based......-specific investments are particularly difficult to redirect towards markets with weak institutions....... on Swedish firm-level trade data. Results suggest that weak institutions hamper trade and reduce the length of trade relations, especially for small firms. Trade in industries that are characterized by a high frequency of trade conflicts and where transactions require extensive relationship...

  15. Redirecting International Trade

    DEFF Research Database (Denmark)

    Kokko, Ari; Söderlund, Bengt; Tingvall, Patrik Gustavsson

    The global financial crisis has accelerated the redirection of trade towards new markets, outside the OECD area, where both demand patterns and the institutional environment differ from those in the OECD. This study provides an empirical examination of the consequences of this shift. Results...... difficult to redirect towards markets with weak institutions....... suggest that weak institutions hamper trade and reduces the length of trade relations, especially for small firms. Furthermore, trade in industries that are characterized by a high degree of trade conflicts and that requires extensive relationship specific investments for trade to occur are comparatively...

  16. A FRAMEWORK FOR TRANSPARENCY IN INTERNATIONAL TRADE

    Directory of Open Access Journals (Sweden)

    Bernal Turnes, Paloma

    2015-01-01

    Full Text Available The aim of this paper is to cover the gap in literature about transparency in the context of international trade facilitation. It focuses on the importance of transparency in achieving growth in international trade and the differences between non-transparent practices and corruption in global trade. Managing the disclosure of information about rules, regulations and laws is not the only trade policy instrument where transparency becomes important. To build a framework on levels of transparency we developed a matrix classifying the transparency of each country based on ease of doing business and levels of bribery. Four different strategies are explained based on the different scenarios of transparency in international trade. The main conclusions reflect that disclosure of information is not enough to guarantee transparency and monitoring of transparency must be improved.

  17. Digital Trade Infrastructures: A Framework for Analysis

    Directory of Open Access Journals (Sweden)

    Boriana Boriana

    2018-04-01

    Full Text Available In global supply chains, information about transactions resides in fragmented pockets within business and government systems. The lack of reliable, accurate and complete information makes it hard to detect risks (such as safety, security, compliance and commercial risks and at the same time makes international trade inefficient. The introduction of digital infrastructures that transcend organizational and system domains is driven by the prospect of reducing the fragmentation of information, thereby enabling improved security and efficiency in the trading process. This article develops a digital trade infrastructure framework through an empirically grounded analysis of four digital infrastructures in the trade domain, using the conceptual lens of digital infrastructure.

  18. Greenhouse gas emissions trading and complementary policies. Developing a smart mix for ambitious climate policies

    Energy Technology Data Exchange (ETDEWEB)

    Matthes, Felix C.

    2010-06-15

    . Closer examination of the practical implementation of the European Union Emissions Trading Scheme (EU ETS) shows very clearly that substantial differences to an ideal type of emissions trading scheme have to be taken into account, which can or should only be eliminated in the longer term or, for practical reasons, not at all. Further, analysis of the market development of the EU ETS up to now demonstrates that a strategic, robustly developed climate policy which meets the ambitiousness described also has to factor in the possibility that an emissions trading scheme cannot produce any long-term scarcity signals for different reasons (e.g. continual opportunities for revision in democratic systems, operational realities) and can thus always only serve the - essential - purpose of clearing emission reduction options close to the market which are available in the short to medium term.

  19. S.741: This Act may be cited as the National Energy Efficiency and Development Act of 1991, introduced in the Senate of the United States, One Hundred Second Congress, First Session, March 21, 1991

    International Nuclear Information System (INIS)

    Anon.

    1991-01-01

    The bill would promote cost effective energy efficiency improvements in all sectors of the economy, promote the use of natural gas and encourage increased energy production, thereby reducing the Nations's dependence on imported oil and enhancing the Nation's environmental and economic competitiveness. Contents include: Measures to improve the energy efficiency of the US economy (Research and development, Industrial energy efficiency, Efficiency in commercial and residential buildings and other products, Federal energy management, Utility energy efficiency, Used Oil Energy Production Act of 1991, Tire recycling incentives, and Insular areas energy assistance); Measures to promote the use of renewable energy (Renewable energy technology transfer and Amendments to the Committee on Renewable Energy Commerce and Trade); Measures to promote the use of alternative motor vehicles and fuels (Alternative transportation fuels, Alternative fuel fleet requirement, and Electric vehicle technology development and demonstration); Transportation energy efficiency; Measures to displace petroleum as a vehicle fuel; Measures to promote the use of natural gas; and Tax treatment of energy resources (Renewable energy production incentive, Transportation, Building and housing tax credits, Utilities, and Fees and rebates)

  20. Reconciling regulatory space with external accountability through WTO adjudication : trade, environment and development

    NARCIS (Netherlands)

    Weimer, M.

    2017-01-01

    This article argues in favour of broadening the trade and environment debate in the World Trade Organization (WTO) to include a developmental perspective. WTO litigation involving environmental regulation touches upon the issue of global justice and the power asymmetries structurally embedded in the