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The Impact of the Financial Crisis on Trade and Investment

Published online by Cambridge University Press:  28 February 2017

Padideh Ala’i*
Affiliation:
American University, Washington College of Law

Abstract

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Type
Implications of the Global Financial Crisis on International Trade and Investment Regimes
Copyright
Copyright © American Society of International Law 2010

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References

1 Roubini, Nouriel, Beware of a Double-Dip Recession, Forbes.com (Mai. 10, 2010), http://www.forbes.com Google Scholar.

2 The Glass-Steagall Act was passed as part of the reaction to the collapse of the U.S. commercial banking system in early 1933. It sought to reduce the incentives for banks to engage in risky behavior by separating commercial and investment banking.

3 OECD, Unctad, and WTO Secretariats, Report on G20 Trade and Investment Measures: September 2009-February 2010 (Mar. 8, 2010), available at http://www.wto.org.

4 See id. at 10.

5 Id.

6 See id. at 19.

7 UNCTAD, Fourth Global and Regional FDL Trends in 2009, 2 Global Investment Trends Monitor (Jan. 19, 2010), available at http://http://www.unctad.org/en/docs/webdiaeia20101_en.pdf.

8 WTO Secretariat, Overview of Developments in the International Trading Environment, Annual Report by the Director General 2 (2009>), available at http://www.wto.org.

9 FDI Faces Modest Recovery, Forbes.com (Jan. 26, 2010), http://www.forbes.com.

10 UNCTAD, Fourth Quarter of 2009 and First Quarter of 2010, 3 Global Investment Trends Monitor (Apr. 26, 2010), available at http://www.unctad.oig/en/docs/webdiaeia20104_en.pdf.

11 Robert B. Zoellick, World Bank President, The End of the Third World? Modernizing Multilateralism for a Multipolar World, Address Before the Woodrow Wilson Center for International Scholars (Apr. 14, 2010), at http://web.worldbank.org.

12 Id.

13 Beattie, Alan, Brics: The Changing Faces of Global Power, Fin. Times (Jan. 17, 2010)Google Scholar, available at http://www.ft.com/cms/s/0/95cea8b6-0399-lIdf-a601-00144feabdc0.html?SID=google.

14 Trade Promotion Dep’t of the Ministry of External Relations (MRE), Brazil: Investment Opportu Nities (2009). See also BrazilNet (Mar. 2009), http://www.braziltradenet.gov.br/ARQUIVOS/Publicacoes/Estudos/PubbrasilExteriorI.pdf.

15 Fried, Carla, Is China Building the Next Bubble? CBS News (Mar. 19, 2010)Google Scholar, http://www.cbsnews.com/8300-503983_162-503983.html?keyword=Stimulus+Package.

16 Jiabao, Wen, Report on the Work of the Government, XinhuaNet (Mar. 15, 2010)Google Scholar, http://news.xinhuanet.com/english2010/china/2010-03/15/c_13211657_2.htm.

17 Id.

18 Gov’t of Rajasthan, Office of the Commissioner of Industries, Different Economic Stimulus Packages for Easing Difficulties of Micro, Small and Medium-Sector Enterprises (2008), available at http://rajind.rajasthan.gov.in/Stimulus_Packages.pdf.

19 G20 Leaders’ Statement: The Pittsburgh Summit (Sept. 24-25, 2009), available at http://www.pittsburghsummit-.gov/mediacenter/129639.htm.

20 OECD, Unctad and WTO Secretariats, supra note 3.

21 General Agreement on Trade in Services, Apr. 15, 1994, Marrakesh Agreement Establishing the World Trade Organization, Annex IB, Legal Instruments—Results of the Uruguay Round, 33 ILM 1167 (1994).

22 Agreement on Subsidies and Countervailing Measures, Apr. 15, 1994, Marrakesh Agreement Establishing the World Trade Organization, Annex 1A, Legal Instruments—Results of the Uruguay Round, 33 ILM 1195 (1994).

23 Agreement on Government Procurement, Apr. 15, 1994, Marrakesh Agreement Establishing the World Trade Organization, Annex 4(b), Legal Instruments—Results of the Uruguay Round, 33 ILM 1125 (1994); see also van Aaken, Anne & Kurtz, Jürgen, Prudence or Discrimination ? Emergency Measures, the Global Financial Crisis and International Economic Law, 12 J. Int’l Econ. L. 859 (2009)CrossRefGoogle Scholar.

24 World Trade: Recovery in Progress, Economist Online (Mar. 2, 2010), http://www.economist.com/business-finance/displaystory.cfm?story_id=15599453.