The Trans-Pacific Partnership (TPP) agreement, to which both Canada and Japan are signatories, was supposed to be a new-generation trade agreement to break the deadlock of the multilateral trade negotiations in Geneva. However, with the major candidates in the U.S. Presidential Election showing no support for the agreement, the future of the TPP appears to […]
Chinese shares rose sharply on a 2012 announcement initiating an anticorruption campaign. More productive non-SOEs in high Q industries and greater external finance dependence in more liberalized provinces gained more. Non-SOEs in less liberalized provinces gained less, especially if their past entertainment and travel costs (ETC) were higher. These results suggest market development and anticorruption […]
Is TPP Dead? The Future of International Trade Law
China’s Anti-Corruption Reforms and Shareholder Valuations