This article examines the relationship between transparency and legitimacy in investor–state dispute settlement (ISDS) jurisprudence, particularly in the context of Third-Party Funding (TPF). The initial section of the paper scrutinizes transparency…
Resolving the crisis in the dispute settlement system is a priority issue for the reform of the World Trade Organization (WTO), and Members have made sustained efforts in this regard. Since the Twelfth Ministerial Conference (MC12), discussions on…
The finite nature of certain fossil fuels, which are essential inputs in production, imposes a substantial constraint on the economy's long-term growth potential. This paper develops an endogenous directed technical change model under uncertainty…
We use unique enterprise survey data to explore the export behavior of firms in Tunisia, a small, trade-dependent country with a complex policy environment regarding exporting. Firms may export directly or indirectly through intermediaries, and can…
The distributional outcomes of trade agreements have historically been uneven, creating both “losers” as well as “winners” and benefitting certain stakeholders while leaving others without benefits or even with negative repercussions. In particular…
International arbitration institutions have been requested to administer an increasing number of investment disputes. In investment arbitration, a responding state usually stipulates its standing offers to arbitrate in the bilateral investment…