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Political science

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Hegemonic trips: world trade, intellectual property and biodiversity

Article Abstract:

The biotechnology industry has tried to establish uniform global intellectual property rights over living material in a hegemonic fashion. State intervention, multinational corporations and technological advances characterize the industry. The GATT has furthered the hegemonic aims of the biotechnology industry, although intellectual property has entered into into world trade talks recently. The study analyses hegemony by combining Gramscian and regime theory to demonstrate how the industry transforms its own particular interest into the interest of the society.

Analysis, Economic policy, Intellectual property, Biological diversity, Biodiversity

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Regional and multilateral trade agreements: complementary means to open markets

Article Abstract:

Regional or bilateral trade agreements that simply dismantle tariffs and traditional barriers to trade are generally tolerable despite some trade diversion. These agreements increase economic freedom and are less likely to result in regulatory policy failure. In addition, it is not easy to identify which arrangements divert more trade over a long period of time compared to the current state of affairs. Unilateral, bilateral, regional and multilateral trade liberalization were found to be acceptable methods of achieving increased economic freedom.

Research, Commercial treaties, Trade agreements

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Keep the markets open

Article Abstract:

Asia's 1998 financial crisis will test the multilateral trading system to which most nations with global economies belong. The International Monetary Fund, the World Bank, and various national governments have attempted to restore financial confidence in this region, but there is a significant possibility of policy errors that could prolong the crisis. As national economies grow increasingly interdependent, advanced and developing countries must move toward a better governance system.

Management, Finance, Asia, International economic relations

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