Monthly Archives: August 2005

The rhetoric of advocacy

Metaphors in disputes over trade policy often run in a religious vein: ‘free trade’ is an article of faith; protection is—or, perhaps, is not—a sin; protectionists are disciples of darkness; reformers—or reactionaries—are evangelists of hope and rationality. In the debates on trade policy, as in the even more vicious debates on development policy, the rhetoric […]

WTO and tax subsidies

The WTO prohibits the use of tax laws to distort markets for goods, services and investment. For more than 30 years, these rules have been the occasion for fierce trans-Atlantic battles and some debatable disputes decisions. In the past 5 years, compliance action by WTO on the use of direct tax exemptions has led to […]