Designing Border Carbon Adjustments for Enhanced Climate Action

Total Page:16

File Type:pdf, Size:1020Kb

Designing Border Carbon Adjustments for Enhanced Climate Action Designing Border Carbon Adjustments for Enhanced Climate Action DECEMBER 2017 Michael Mehling Harro van Asselt Kasturi Das Susanne Droege Cleo Verkuijl Acknowledgements Michael Mehling – Deputy Director, MIT Center for Energy and Environmental Policy Research (MIT CEEPR), and Professor of Practice, University of Strathclyde Law School Harro van Asselt – Senior Research Fellow, Stockholm Environment Institute (SEI), and Professor of Climate Law and Policy, University of Eastern Finland (UEF) Law School Kasturi Das – Associate Professor Economics and International Business, Institute of Management Technology (IMT), Ghaziabad, India Susanne Droege – Senior Fellow, Global Issues Research Division at the German Institute for International and Security Affairs (SWP), Berlin, Germany Cleo Verkuijl – Research Fellow, Stockholm Environment Institute (SEI) We gratefully acknowledge funding from the KR Foundation for this report under the project ‘Making the Trading System Work for Climate Change’ (2016-2017). Our sincere appreciation also extends to James Bacchus, Henry Derwent, Gary C. Hufbauer, Joost H.B. Pauwelyn, Rodrigo Polanco, Joel P. Trachtman, and Jacob Werksman for thoughtful comments at various stages of the project. Also thanks to participants in the workshops ‘Border Carbon Adjustments: A Renewed Role after Paris?’ on 25 May 2016 in Bonn, Germany, and ‘Making the International Trading System Work for Climate Change: Assessing the Options’ on 19 October 2017 in Crozet, France, for their valuable input. Project Manager: Alexandra Carr Editor: Claudia Delpero Design and typeset: Margherita Gagliardi The research for this working paper was completed in December 2017. This report is part of the Climate Strategies project “Making the International Trading System Work for Climate Change”, funded by the KR Foundation. About Climate Strategies Climate Strategies is an international organisation that convenes networks of leading academic experts around specific climate change policy challenges. It offers rigorous, independent research to governments and the full range of stakeholders, in Europe and beyond. We provide a bridge between research and international policy challenges. Our aim is to help government decision makers manage the complexities both of assessing the options, and of securing stakeholder and public consensus around them. Our reports and publications have a record of major impact with policy-makers and business. Copyright © 2017 Climate Strategies Climate Strategies encourage reproduction and communication of their copyrighted materials to the public, with proper credit (bibliographical reference and/or corresponding URL), for personal, corporate or public policy research, or educational purposes. However, Climate Strategies copyrighted materials are not for commercial use or dissemination (print or electronic). Unless expressly stated otherwise, the findings, interpretations, and conclusions expressed in the materials are those of the various authors and are not necessarily those of the Climate Strategies Board/Secretariat. Cite this report as: Michael Mehling, Harro van Asselt, Kasturi Das, Susanne Droege, and Cleo Verkuijl (2017), Designing Border Carbon Adjustments for Enhanced Climate Action, Climate Strategies. Table of Contents LIST OF ABBREVIATIONS 6 EXECUTIVE SUMMARY 7 1. INTRODUCTION 14 2. EVOLVING CONTEXT OF CLIMATE COOPERATION AND INTERNATIONAL TRADE 17 2.1 A More Bottom-up Climate Regime 17 2.2 A Changing Outlook on Trade Policy and Liberalisation 20 2.3 Interim Conclusions 21 3. CONCEPT AND RATIONALE 22 3.1 Definition and Conceptual Boundaries 22 3.2 Rationale and Purpose 23 4. PAST PROPOSALS AND EXISTING APPLICATION 25 4.1 Europe 25 4.1.1 The 2007 FAIR Proposal 26 4.1.2 The 2009 Carbon Inclusion Mechanism 27 4.1.3 The 2016 Border Adjustment Proposal for the Cement Sector 28 4.2 United States 29 4.2.1 International Reserve Allowance Program 30 4.2.2 Californian Emissions Trading System 33 4.2.3 Climate Leadership Council (CLC) 34 4.3 Interim Conclusions 35 36 5. DESIGNING A BCA: LEGAL AND ECONOMIC CONSIDERATIONS 36 5.1 Relevant Design Considerations from the Perspective of WTO Law 36 5.1.1 Border Tax Adjustments (BTAs) and Broader Legal Context 38 5.1.2 Trade Law Implications for BCA Design 40 5.2 Relevant Design Considerations from an Economic Perspective 42 5.3 Interim Conclusions 2 6. DESIGN PRINCIPLES AND RECOMMENDATIONS 44 6.1 Overview 44 6.1 Scope and Coverage 44 6.2.1 Product Coverage 44 6.2.2 Sectoral Coverage 45 6.2.3 Geographic Scope 45 6.2.4 Policy Coverage 45 6.3 Carbon Content 46 6.3.1 Emissions Scope and Benchmarks 46 6.3.2 Data Sources 46 6.4 Adjustment Level 47 6.5 Revenue Use 48 6.6 Expiration 48 6.7 Process 48 7. CONCLUSIONS 49 REFERENCES 50 LIST OF TABLES, FIGURES AND TEXT BOXES Table ES-1: Selected Case Studies 10 Text Box ES-1: Legal Aspects of BCAs 11 Figure ES-1: Design Steps and Related Process 13 Table 1: (I)NDCs of the World’s Top Five Emitters 18 Table 2: Summary of the FAIR Proposal (2007) 26 Table 3: Summary of the Carbon Inclusion Mechanism (2009) 28 Table 4: Summary of the Border Adjustment Proposal for the Cement Sector (2016) 29 Table 5: Border Adjustment Provisions Legislative Proposals 31 Text Box 1: Relevant GATT Text on Border Tax Adjustment 37 Figure 1: Pathways to BCA Compliance 43 Text Box 2: Calculation of the Adjustment Level 47 Text Box 3: Measures in the Trade Regime 49 Figure 2: Design Steps and Related Process 50 List of Abbreviations AB Assembly Bill AEP American Electric Power ASEAN Association of South East Asian Nations BAU Business-as-usual BCA Border carbon adjustment BTA Border tax adjustment CDM Clean Development Mechanism CER Certified Emission Reduction CIM Carbon Inclusion Mechanism CLC Climate Leadership Council DDA Doha Development Agenda ERU Emission Reduction Unit ETS Emissions Trading System EU European Union EXIOBASE Externality Data and Input–Output Database G7 Group of Seven G20 Group of 20 GATT General Agreement on Tariffs and Trade GDP Gross domestic product GHG Greenhouse gas GRAM Global Resource Accounting Model GTAP Global Trade Analysis Project HS Harmonized System IBEW International Brotherhood of Electric Workers ICIO Inter-Country Input-Output INDC Intended Nationally Determined Contribution ICTSD International Centre for Trade and Sustainable Development LCA Life Cycle Assessment LCSA Life Cycle Sustainability Assessment MC Ministerial Conference NAFTA North American Free Trade Agreement NDC Nationally Determined Contribution NGO Non-governmental Organisation OECD Organisation for Economic Co-operation and Development 6 Climate Strategies PPM Process and Production Method RCEP Regional Comprehensive Economic Partnership RTA Regional Trade Agreement SB Senate Bill SCM Agreement Agreement on Subsidies and Countervailing Measures TPP Trans-Pacific Partnership TTIP Trans-Atlantic Trade and Investment Partnership UK United Kingdom UNFCCC United Nations Framework Convention on Climate Change US United States USTR United States Trade Representative VAT Value Added Taxation WIOD World Input-Output Database WTO World Trade Organization Designing Border Carbon Adjustments for Enhanced Climate Action 7 Executive Summary The Evolving Context of Climate Cooperation With the entry into force of the Paris Agreement, Such effects – collectively referred to as leakage heterogeneity of domestic action has become an – have been discussed in the context of climate accepted feature of the climate regime. Whereas the policies, such as the Emissions Trading System in earlier Kyoto Protocol formalised a binary asymmetry the European Union, the proposed federal climate of effort between developed and developing states, legislation in the United States, and the forthcoming the new architecture now requires all parties to national carbon market in China. So far, existing contribute towards common climate objectives, policy frameworks have mostly addressed the risk albeit in accordance with vastly divergent national of leakage with measures behind the border, from circumstances. output-based rebates and free allocation of emission rights to full exemption of affected emitters. Given this flexibility, levels of climate ambition differ widely across countries, and may grow larger as A growing body of evidence suggests that these countries chart their individual paths towards ever- approaches have not performed as intended, deeper decarbonisation. Universal participation in however, causing regulatory capture, perverse this collective effort is not guaranteed, however, as incentives, and windfall profits. Although often the withdrawal of the United States from the Paris designed to be temporary, these measures have also Agreement has shown. Even among participants proven resilient to change, and will likely remain in in the new regime, the achievement of mitigation place given the observed context of persistent policy pledges may be imperfect, with limited chances to heterogeneity. As parties to the Paris Agreement address compliance shortfalls. engage in progressively more ambitious climate action, this situation may become increasingly untenable, generating pressure for more suitable Concerns about the impacts of uneven climate approaches to counter leakage. action, reinforced by concurrent nationalism and protectionism trends in many countries, will sustain or increase pressure to apply some form of corrective measure or safeguard. Whereas political discourses about climate action tend to be dominated by preoccupation with competitiveness of domestic
Recommended publications
  • Trade Facilitation and Tariff Evasion
    Chapman University Chapman University Digital Commons ESI Working Papers Economic Science Institute 6-2020 Trade Facilitation and Tariff Evasion Cosimo Beverelli World Trade Organization, [email protected] Rohit Ticku Chapman University, [email protected] Follow this and additional works at: https://digitalcommons.chapman.edu/esi_working_papers Part of the Econometrics Commons, Economic Theory Commons, and the Other Economics Commons Recommended Citation Beverelli, C. & Ticku, R. (2020). Trade facilitation and tariff evasion. ESI Working Paper 20-24. https://digitalcommons.chapman.edu/esi_working_papers/319/ This Article is brought to you for free and open access by the Economic Science Institute at Chapman University Digital Commons. It has been accepted for inclusion in ESI Working Papers by an authorized administrator of Chapman University Digital Commons. For more information, please contact [email protected]. Trade Facilitation and Tariff Evasion Comments ESI Working Paper 20-24 This article is available at Chapman University Digital Commons: https://digitalcommons.chapman.edu/ esi_working_papers/319 Trade Facilitation and Tariff Evasion∗ Cosimo Beverelli†‡ Rohit Ticku§ This draft: June 2020 Abstract This paper investigates the extent to which trade facilitation measures included in the WTO Trade Facilitation Agreement affect tariff evasion. In a dataset covering 121 countries and the whole set of HS6 product categories in 2012, 2015, and 2017, the paper shows that trade facilitation measures that improve legal certainty for traders moderate tariff evasion. Holding tariff rate constant at its mean, one standard deviation improvement in trade fa- cilitation measures related to legal certainty reduces tariff evasion, as measured by missing imports in trade statistics, by almost 12%. In a counterfactual with full trade liberalization, countries with higher scores on facilitation measures related to legal certainty experience larger reductions in tariff evasion than countries with lower scores on these measures, even for similar initial tariff rates.
    [Show full text]
  • The Trade Facilitation Agreement a Simple Guide
    THE TRADE FACILITATION AGREEMENT A SIMPLE GUIDE The WTO Trade Facilitation Agreement (TFA) will improve trade efficiency worldwide, encouraging economic growth by cutting red tape at borders, increasing transparency and taking advantage of new technologies. The TFA will enter into force once two-thirds (110) WTO member economies ratify the agreement, after which the TFA will be binding on all WTO members. Border inefficiencies, complex customs rules and other trade barriers make it harder for businesses of all sizes to trade internationally, hurting small and medium-sized companies (SMEs) the most. Research by the World Economic Forum suggests TFA implementation could trigger a 60% to 80% increase in cross-border SME sales in some economies. The implementation of the TFA would have a greater impact on international trade than the elimination of all the world’s remaining tariffs. It will reduce average trade costs by up to 15% with developing countries benefiting even more. The business community is widely recognised to have an important role to play in the implementation of the TFA, ensuring that TFA reforms deliver measurable improvements in trading across borders. WHAT WILL THE TRADE FACILITATION AGREEMENT PROVIDE? PUBLICATION OF INFORMATION RELATING ENSURING INTERNAL COOPERATION TO TRADE RULES AND PROCEDURES AMONG AGENCIES Governments have agreed to publish a All government authorities and agencies wide range of customs-specific information responsible for border controls are required (including on the internet) relating to to coordinate in order to facilitate trade. trade procedures, including on duty rates Coordination includes alignment of working and taxes, forms and documents, rules for hours, alignment of procedures and goods classification and valuation, rules of formalities, sharing of facilities, and one stop origin, transit procedures, and penalties and border post controls.
    [Show full text]
  • The Critical Role of Trade Facilitation in Supporting
    CHAPTER 6 THE CRITICAL ROLE OF TRADE FACILITATION IN SUPPORTING ECONOMIC DIVERSIFICATION AND STRUCTURAL REFORMS Contributed by the World Bank, the United Nations Conference on Trade and Development and the Organisation for Economic Co-operation and Development Abstract: Two years after the entry into force of the WTO Trade Facilitation Agreement, it is time for an initial stock-taking. The experience of the World Bank Group Trade Facilitation Support Program (TFSP) and the UNCTAD Trade Facilitation Program, both major providers of trade-related assistance, as well as OECD’s analytical work provides relevant insights. In these early years, support has been generally directed to the “foundational” measures of the Agreement, such as National Trade Facilitation Committees. These will oversee implementation; time release studies, providing a baseline to measure progress; and risk management policies and procedures, a precondition for implementation of simplified control and release processes. Progress is being made. TFSP and OECD research find that the level of alignment with the Agreement is increasing, with notable improvements in publication of measures, automation and streamlining of procedures and engagement with the trade community. Positive impacts from these aid-for-trade supported reforms have also been registered. Country reports and periodic time release studies show reduction in customs physical inspections, elimination of unnecessary documents, automation of manual processing steps, and consequent reduction of clearance times. World Bank surveys (the Logistics Performance Index (LPI) and Doing Business) likewise show a positive trend in these aid-supported countries. AID FOR TRADE AT A GLANCE 2019: ECONOMIC DIVERSIFICATION AND EMPOWERMENT - © OECD, WTO 2019 161 CHAPTER 6.
    [Show full text]
  • Mobilising Trade Policy for Climate Action Under the Paris Agreement Options for the European Union
    SWP Research Paper Stiftung Wissenschaft und Politik German Institute for International and Security Affairs Susanne Dröge, Harro van Asselt, Kasturi Das and Michael Mehling Mobilising Trade Policy for Climate Action under the Paris Agreement Options for the European Union RP 1 February 2018 Berlin All rights reserved. © Stiftung Wissenschaft und Politik, 2018 SWP Research Papers are peer reviewed by senior researchers and the execu- tive board of the Institute. They reflect the views of the author(s). SWP Stiftung Wissenschaft und Politik German Institute for International and Security Affairs Ludwigkirchplatz 3­4 10719 Berlin Germany Phone +49 30 880 07-0 Fax +49 30 880 07-100 www.swp-berlin.org [email protected] ISSN 1863-1053 Table of Contents 5 Issues and Conclusions 7 The Climate and Trade Regimes 10 The Climate Regime – from the UN Framework Convention to the Paris Agreement 11 The World Trade Regime and Its Interactions with the Climate Regime 15 Identifying the Upcoming Issues for Trade and Climate Policy 15 NDCs: Policy Measures with Trade Implications 15 “Cooperative Approaches” – a New Setting for International Policy Tools 17 Transfer of Climate-friendly Technologies 18 Global Sectoral Policies: Aviation and Maritime Transport 19 National and Regional Carbon Pricing: Emissions Trading and Carbon Taxes 20 Energy Subsidies 21 WTO Provisions and Disputes That Matter for the Upcoming National Climate Policy Challenges 21 The GATT Rules and Climate Policy 22 Other WTO Agreements and Their Relevance for Climate-and-Trade Policy Interactions 24 Examples of EU and US WTO Disputes with Climate Policy Relevance 26 Climate-related Provisions in Regional Trade Agreements 27 Ways forward for the EU to Make the Trade Regime Supportive for Climate Action 27 The Long-term Vision: Improving Legal Guidance 29 A Medium-term Strategy: Promoting Climate Policies through RTAs 30 In the Short-run: Bringing forward Specific Issues under the Paris Agreement 34 Abbreviations Dr.
    [Show full text]
  • Trade Facilitation and the EU-ACP Economic Partnership Agreements
    Journal of Economic Integration 23(3), September 2008; 518-546 Trade Facilitation and the EU-ACP Economic Partnership Agreements Maria Persson Lund University Abstract This paper assesses the potential effects from trade facilitation in terms of increased trade flows both on average and specifically for the six regional groups of ACP countries negotiating Economic Partnership Agreements (EPAs) with the EU. Data from the World Bank’s Doing Business Database on the time required to export or import are used as indicators of cross-border transaction costs, and a gravity model on two-way bilateral trade between 22 EU countries and 100 developing countries is estimated using a sample selection approach. The results suggest that time delays on the part of the exporter and the importer generally significantly decrease trade flows, but also that this effect is not constant, in the sense that the elasticity of trade with respect to border delays declines at higher levels of time requirements. On average, lowering border delays in the exporting country by one day from the sample mean would yield an export-increasing effect of about 1 percent, while the same reduction in the importing country would increase imports by about 0.5 percent. Significant negative effects are also found of both export and import transaction costs for most EPA groups, and the effects tend to be at least as large as the average or larger. The results are generally robust for a number of alternative estimation methods such as Poisson estimation, IV estimation taking sample selection into account and the sample selection approach suggested by Helpman et al.
    [Show full text]
  • Smes and the WTO TRADE FACILITATION AGREEMENT a TRAINING MANUAL
    SMES AND THE WTO TRADE FACILITATION AGREEMENT A TRAINING MANUAL In collaboration with © International Trade Centre 2015 The International Trade Centre (ITC) is the joint agency of the World Trade Organization and the United Nations. Street address: ITC 54-56, rue de Montbrillant 1202 Geneva, Switzerland Postal address: ITC Palais des Nations 1211 Geneva 10, Switzerland Telephone: +41-22 730 0111 Fax: +41-22 733 4439 E-mail: [email protected] Internet: http://www.intracen.org SMEs AND THE WTO TRADE FACILITATION AGREEMENT A TRAINING MANUAL SMEs AND THE WTO TRADE FACILITATION AGREEMENT Abstract for trade information services ID=43167 2015 F-09.07 SME International Trade Centre (ITC) SMEs and the WTO Trade Facilitation Agreement: A Training Manual. Geneva: ITC, 2015. xii, 132 pages (Technical paper) Doc. No. TFPB-15-343.E The training manual on the World Trade Organization Agreement on Trade Facilitation explains each of the measures of the Agreement, including the key elements of the measure, the intended benefits from a business perspective, an outline of the practical steps that businesses might take in order to take advantage of the measure and practical exercises and proposed questions for group discussion. It aims to assist the business community better understand the technical measures of this multilateral Agreement and the opportunities it offers to importers, and exporters in reducing delays and costs in moving goods and services across borders. Descriptors: Trade Facilitation, WTO, SMEs, Developing Countries, Manuals For further information on this technical paper, contact Mohammad Saeed ([email protected]) English The International Trade Centre (ITC) is the joint agency of the World Trade Organization and the United Nations.
    [Show full text]
  • Trade Facilitation
    TRADE FACILITATION Brian Rankin Staples October 19, 1998 Draft TRADE FACILITATION SECTION ONE: INTRODUCTION AND HISTORY 1.0 Introduction This paper provides an outline of the concept and reality of trade facilitation primarily from an emerging economy policy-making perspective. This will be achieved by presenting the basic dimensions of trade facilitation in three stages. The first section reviews various issues, definitions and conditions that have led to the necessity of trade facilitation, and a brief history of trade facilitation. The second section profiles current trade facilitation resources and initiatives. The final section examines some of the practical and policy challenges associated with implementing a trade facilitation program. 1.1 Definitions In recent years the term, trade facilitation, has become extremely popular and, therefore, applied to an ever-growing number of activities. Given the very general origins of the word, facilitation, (Latin/facilis: French/facile: make easy, promote, help forward), it is not difficult to understand how the term, trade facilitation, has come to apply to a broad range of undertakings. For the purposes of this study it is useful to define what is not meant by trade facilitation, even though the following endeavors do, in fact, make trade easier or promote trade. · Physical Infrastructure: improving roads, upgrading port facilities, airports and transportation infrastructure in general. · Non-Tariff Barriers (NTBs): NTBs and all forms of regulatory asymmetry do prevent the free flow of international trade. NTBs, however, usually imply an alleged World Trade Organization (WTO) violation of some nature. The identification of NTBs in a consistent fashion and their gradual elimination is vital to the equitable treatment of commerce, but for the purposes of this analysis, are not included in the scope of trade facilitation.
    [Show full text]
  • Itc) for the Meeting of the Ministers of Foreign Affairs of Lldcs
    STATEMENT OF THE INTERNATIONAL TRADE CENTRE (ITC) FOR THE MEETING OF THE MINISTERS OF FOREIGN AFFAIRS OF LLDCS PARTNERING FOR ACCELERATED IMPLEMENTATION OF THE VIENNA PROGRAMME OF ACTION FOR LLDCS AND ACHIEVING SUSTAINABLE DEVELOPMENT IN LLDCS IN THE ERA OF COVID-19 TUESDAY, 23 SEPT 2020 DOROTHY TEMBO ACTING EXECUTIVE DORECTOR Your Excellency Minister Tileuberdi, Chair of the Group of LLDCs, Ministers of Foreign Affairs, Excellencies, During this period of continued uncertainty, it is important to recall the most essential ingredients of resilience: partnership, technical collaboration, and the stability of the multilateral system. The Vienna Programme of Action for LLDCs (VPoA) remains a central actionable component of helping LLDCs to meet the SDGs and building back better for the ‘new normal’. As the joint agency of the United Nations and the World Trade Organization, the International Trade Centre is fully committed to supporting the implementation of the VPoA through enhancing trade in LLDCs and their transit countries. Our approach is focused on assisting micro, small and medium-sized enterprises (MSMEs) to connect to global markets, and for that we work closely with private sector institutions. ITC contributes to two of the six priority areas of the VPoA: 1) International trade and trade facilitation, and 2) Regional integration and cooperation. Since 2014, ITC has implemented more than 40 projects for almost all LLDCs including our global projects such as of public goods on data and intelligence. Still, in this period of COVID-19, we have seen demand for trade related assistance increasing as LLDCs and their MSMEs seek help in coping with the pandemic.
    [Show full text]
  • IMPLEMENTING the TRADE FACILITATION AGREEMENT Contributed by the World Trade Organization
    CHAPTER 4 IMPLEMENTING THE TRADE FACILITATION AGREEMENT Contributed by the World Trade Organization Abstract: Economic research and field evidence show that removing administrative and regulatory bottlenecks at borders can have powerful effects on reducing trade costs and increasing trade. The purpose of the new WTO Trade Facilitation Agreement is to expedite the movement, release and clearance of goods, including goods in transit. Implementation should help developing and LDC members reduce border inefficiencies, and the resulting costs, so realizing these gains. One particular feature of the Agreement is the implementation flexibility that it accords to WTO members. First, many of the approximately 35 technical trade facilitation measures are written in language that does not mandate but rather requires “best efforts.” Second, the Agreement allows each developing or LDC member to determine when it will implement each trade facilitation measure, and to determine the support needed for its implementation AID FOR TRADE AT A GLANCE 2015: REDUCING TRADE COSTS FOR INCLUSIVE, SUSTAINABLE GROWTH - © OECD, WTO 2015 109 CHAPTER 4: IMPLEMENTING THE TRADE FACILITATION AGREEMENT INTRODUCTION After nearly 10 years of work, WTO members concluded negotiations on the WTO agreement on trade facilitation (TFA or the Agreement) at the Ninth Ministerial Conference held in Bali, Indonesia in December 2013 (the final edited version of the TFA was issued on 15 July 2014 as WT/L/931). The Agreement was opened for acceptance by the WTO’s 160 members on 27 November 2014 and will enter into force once two-thirds of the membership notify the WTO of its acceptance (the General Council Decision and the Protocol of Amendment can be found in document WT/L/940).
    [Show full text]
  • In Lieu of MIL (Political Science) Politics of Globalization Study Material : Unit I-V
    B.Com. (Prog.) Semester-III/IV In Lieu of MIL (Political Science) Politics of Globalization Study Material : Unit I-V SCHOOL OF OPEN LEARNING UNIVERSITY OF DELHI Department of Political Science Editor : Prof. Tapal Biswal Dr. Mangal Deo Graduate Course In Lieu of MIL B.Com Semester III/IV POLITICS OF GLOBALIZATION CONTENTS Unit-I : The Concept of Globalization and its Debate Dr. Rukmani Unit-II : Approaches to Understanding Globalization Lesson-1 : Liberal Approach Anwita Lesson-2 : Radical Approach Anwita Unit-III : Issues in Globalization : Alternative Perspectives on Globalization: Nature and Character Inder Sekhar Yadav Unit-IV : Globalization and Politics in Developing Countries Lesson-1 : Globalization and the Social Movements Dr. Abhishek Nath Lesson-2 : Globalization and the Demise of Nation-State Nishant Yadav Lesson-3 : Globalization and Human Migration Nishant Yadav Unit-V : The Inevitability of Globalization: Domestic and Deepika Global Responses Edited by: Prof. Tapan Biswal Dr. Mangal Deo SCHOOL OF OPEN LEARNING UNIVERSITY OF DELHI 5, Cavalry Lane, Delhi-110007 Unit-I The Concept of Globalization and its Debate Outline Student Learning Outcomes Introduction Understanding of Globalization- Globalists, Sceptics, and Transformationalists Dimensions of Globalization – Economic, Political, Cultural The Globalization Debate – Argument in Favor and Against Conclusion Summary Probable Questions Suggested Readings Student Learning Outcomes Student will be able to define the Concept of Globalization Student will be able
    [Show full text]
  • Trade Facilitation and Trade Enforcement Act of 2015
    PUBLIC LAW 114–125—FEB. 24, 2016 TRADE FACILITATION AND TRADE ENFORCEMENT ACT OF 2015 VerDate Sep 11 2014 15:35 Jun 21, 2016 Jkt 059139 PO 00125 Frm 00001 Fmt 6579 Sfmt 6579 E:\PUBLAW\PUBL125.114 PUBL125 dkrause on DSKHT7XVN1PROD with PUBLAWS 130 STAT. 122 PUBLIC LAW 114–125—FEB. 24, 2016 Public Law 114–125 114th Congress An Act Feb. 24, 2016 To reauthorize trade facilitation and trade enforcement functions and activities, [H.R. 644] and for other purposes. Be it enacted by the Senate and House of Representatives of Trade the United States of America in Congress assembled, Facilitation and Trade SECTION 1. SHORT TITLE; TABLE OF CONTENTS. Enforcement HORT ITLE Act of 2015. (a) S T .—This Act may be cited as the ‘‘Trade Facilita- 19 USC 4301 tion and Trade Enforcement Act of 2015’’. note. (b) TABLE OF CONTENTS.—The table of contents for this Act is follows: Sec. 1. Short title; table of contents. Sec. 2. Definitions. TITLE I—TRADE FACILITATION AND TRADE ENFORCEMENT Sec. 101. Improving partnership programs. Sec. 102. Report on effectiveness of trade enforcement activities. Sec. 103. Priorities and performance standards for customs modernization, trade fa- cilitation, and trade enforcement functions and programs. Sec. 104. Educational seminars to improve efforts to classify and appraise imported articles, to improve trade enforcement efforts, and to otherwise facilitate legitimate international trade. Sec. 105. Joint strategic plan. Sec. 106. Automated Commercial Environment. Sec. 107. International Trade Data System. Sec. 108. Consultations with respect to mutual recognition arrangements. Sec. 109. Commercial Customs Operations Advisory Committee.
    [Show full text]
  • Getting Down to Business: Making the Most of the WTO Trade Facilitation Agreement
    GETTING DOWN TO BUSINESS MAKING THE MOST OF THE WTO TRADE FACILITATION AGREEMENT In partnership with: Getting Down to Business Making the Most of the WTO Trade Facilitation Agreement Getting Down to Business: Making the Most of the WTO Trade Facilitation Agreement About the paper Implementing the World Trade Organization’s Trade Facilitation Agreement is a unique opportunity for developing countries and least developed countries to simplify and modernize their trade and border procedures. This report assists policymakers and traders to understand the benefits, legal obligations and key factors for successful implementation of each measure in the Agreement. It provides technical notes and guidelines for step-by-step national implementation plans and checklists to ensure compliance for each measure. Publisher: International Trade Centre Title: Getting down to business: Making the Most of the WTO Trade Facilitation Agreement Publication date and place: Geneva, May 2020 Page count: 150 Language: English ITC Document Number: TFBP-19-129.E Citation: International Trade Centre (2020). Getting down to business: Making the Most of the WTO Trade Facilitation Agreement. ITC, Geneva. For more information, contact: Mohammad Saeed, [email protected] ITC encourages the reprinting and translation of its publications to achieve wider dissemination. Short extracts of this paper may be freely reproduced, with due acknowledgement of the source. Permission should be requested for more extensive reproduction or translation. A copy of the reprinted or translated material should be sent to ITC. Digital image(s) on the cover: © Shutterstock © International Trade Centre (ITC) ITC is the joint agency of the World Trade Organization and the United Nations.
    [Show full text]