insteconomics Hockey veto fails to define national interest theaustralian.com.au/business/opini…. Write-up of my presentation to @finsia later today by David Uren.
EU spends $A119bn (EUR 78bn) every year on subsidies for farmers. Jobless EU kids should be screaming with rage: ictsd.org/i/news/bridges…
Compensating AU farmers for drought is like compensating miners for working underground. Poor policy from Abbott::theaustralian.com.au/national-affai…
The completely useless carbon tax imposes a 400 pct increase in import duties on (cleaner) LNG for transport use::globaltradealert.org/measure/austra…
A 19th C trade pact struggles to be born! USA & JAP fight to protect sugar, meat, dairy (apples? cotton?)::ft.com/intl/cms/s/0/2…
WorldTradeLaw Public Health and the Trans-Pacific Partnership Agreement by Andrew D. Mitchell, Tania S. Voon, Devon Whittle :: SSRN bit.ly/MZj2o3
jpclark14 Will the spaghetti bowl be fixed in #TPPA? Not if tariff deals are 11 way bilaterals for each of the 12 players . lnkd.in/dhJJA3i
Another Hockey attack on FDI. He has more than sufficient power to tax AU firms. New laws not needed for investors!::theaustralian.com.au/national-affai…
Reuters_KristaH G20 growth pledge easier in the making than the execution reuters.com/article/idUSBR…
In 1973-74 the first G20 found no answer to oil or the end of fixed exchange rates. It is 40 now but seems no wiser::theaustralian.com.au/opinion/column…
@leemakiyama @snlester Excellent! Conspiracy is underrated in DS analysis. But If MM were behind ths, I wd. expect Aus. to be 4 not 42.
Brilliant picture of Chicago, its Mayor (classic parting shot), US city politics + O. wisecrack from Ed. Luce @ FT lgrd.co/OhvUab
@snlester @tgemiles @sdonnan They’re all Tim! (master of disguise). Wd. be interesting to see full freq. distribution to see who does “rule’
@snlester Western offshoots rule! (Is that good?)
snlester Here are a few quick thoughts on the allegations that the NSA spied on trade lawyers: bit.ly/1f9fwmZ
Whom does this xenophobic attack on the value of Aust. farm assets help? Robb seems unenthusiastic. So he should be::theaustralian.com.au/national-affai…
‘Hard’ growth targets from Uncle Joe and the G20. What a breakthrough! What clarity! So reassuring! ::theaustralian.com.au/national-affai…
But border control decisions are typically made by elites: ‘moral high-ground’ doesn’t figure on their agendas ::marginalrevolution.com/marginalrevolu…
Brandis on copyright reform::alrc.gov.au/sites/default/…. No mention of the smelly elephant (copyright term); no reason for doubts on fair use!
Copyright ‘stakeholders’ means rent-seekers. C’rights have doubtful social value: cut to 20 yrs, set use exceptions:: theaustralian.com.au/business/brand…
@uxproductivity Thanks. Look forward to seeing the results.
Precautionary Principle in #TPIP (bit.ly/1g3SpJ2 via @WorldTradeLaw) “PP cannot result in more protection, only in more regulation”
@uxproductivity You wrote your own LaTeX port!? I guessed you would be using Valletta or integration via TexPad.
Antidumping one of 2 ways in AU to get tailor-made trade protection w/out independent report on economy-wide costs (other is quarantine).
Abbott doesn’t grasp: ‘dumping’ is just competition, WTO-legal. Antidumping is designed to screw consumers. theaustralian.com.au/national-affai…
Most remarkable few months in AU industrial history. Sorry for car mfg. workers but glad for all the others::theaustralian.com.au/business/toyot…
Clarification: $80bn tariff cost is mostly transfers: #TPP should be evaluated against returns from alternative use if we 0% our own duties.
Pro-trade skepticism on #TPP? Despite Bali, WTO won’t revive until #TPP, #TPIP ‘done or dead’ (is.gd/D6mqC9). A decade at least!
More pro-trade skepticism on #TPP: static gain fm zeroing our own tariff (20yrs @ 8%) about $80bn (re-invested? Huge). Incremental TPP gain?
More grounds for #TPP skepticism. Aus merch. sales to #TPP markets in 2013, $31.5bn (UN-ITC) of which $29.6bn under current FTAs. Increment?
A ‘pro-trade’ ground for skepticism on #TPP? With #TPIP #RCEP will gut the MFN system. 3 blocs accession-able only by agreement w/ US or CHN
@rupertmurdoch Good to hear from you again. Hope you’re feeling better.
Robb wins benefit of doubt on #TPP. But skepticism is not confined to ‘anti trade’ NGOs. FTAs are overrated::theaustralian.com.au/national-affai…
Solow and Mankiw exchange barbed jabs on inequality. Mankiw is only scratched, I think::gregmankiw.blogspot.com/2014/02/solow-…
This absurd stoush over matters irrelevant to the trade assistance decision will make it harder to stay the course::theaustralian.com.au/national-affai…
RT @SincDavidson: ABC fails Adam Smith test http://t.co/q14Mzv2uBw
SimonEvenett @snlester You’re right. Russia doesn’t give a fig about WTO rules. Moscow implemented the most number of protectionist measures in 2013.
Precisely: wage agreements are not the reason to deny trade protection for SPC. Govt has made a mess of this::http://t.co/9fraLa9qfY
Trade junkets a waste of for. pol. capital, commercially useless, wrong message for, about Aus business:: http://t.co/pP0fksJPio
SimonEvenett Back from Geneva. Revised down my expectations on post-Bali WTO work programme, at least on timing. Still expect sushi sized outcomes but..
dikenson New #trade analysis. Don’t blame Harry Reid if #TPA fails onforb.es/1iZAciQ
@Reuters_KristaH @pwgallagher @Ed_Crooks @CDrakeFairTrade