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NAFTA: naplnila očekávání členských států? / NAFTA: Has the agreement fulfilled the expectation of the member states?Michlíčková, Lucie January 2010 (has links)
This thesis is focused on the accomplishments of the North American Free Trade Agreement after fifteen years since coming into force. The objective is to evaluate the existing trends in the three countries and review if the member states succeeded in fulfilling the goals of the Agreement. First part is dedicated to the development in the area of general goals, defined in the first articles of the Agreement. Second and third chapter examine the progress made in strategic goals of each country.
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Self-Enforcing Climate Coalitions and Preferential Free Trade AreasKuhn, Thomas, Pestow, Radomir, Zenker, Anja 08 January 2016 (has links)
In this paper, we discuss the endogenous formation of self-enforcing climate coalitions linked to the issue of a free trade agreement. As a framework, a strategic trade model is used in which countries may discourage greenhouse gas emissions by means of an import tariff on dirty goods. In addition, countries can set an emissions cap being effective on a permit market. Our main focus, however, is on the utilization of terms of trade privileges provided to members of a preferential free trade area. We propose evidence for that the welfare gains of trade liberalization are strongly promoting the formation of climate coalitions. In the parametrical simulation of the model, global emissions as well as climate change damages are found significantly reduced compared to the BAU scenario while global welfare is found significantly higher.
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Regionalisation through economic integration in the Southern African Development Community SADC (SADC) / Amos SaurombeSaurombe, Amos January 2011 (has links)
The regional economic community (REC) of the Southern African Development
Community (SADC) compri'ses 15 Southern African countries. The' economic and
political aspects of regional integration in SADC dictate the pace of integration while the
influence of a legal regime for regional integration remains at the periphery. While the
SADC Treaty and its Protocol on Trade are clear about the priority of economic
integration; the full implementation of SADC's economic integration is still yet to be
realised using these legal instruments. Regional economic integration is also a priority
at both continental and global level. The legal instruments applicable at these levels are
those established through the African Union (AU) and the World Trade Organisation
(WTO) respectively. Analysis of these external legal instruments is relevant because
SADC Member States are signatories to agreements establishing these organisations·.
Thus, rules based trade in SADC should be understood from a regional, continental and
global perspective where a community must have well-structured and managed
relations between itself and other legal systems as a necessary condition for its
effectiveness. These structured relations refers to a legal and institutional framework
that defines the relations between community and national laws, spelling out the
modalities for implementing community law in Member States, defines the respective
competencies of the community and Member States and provide rule based systems for
resolution of conflicts.
In setting the scene for an in-depth discussion of the legal and institutional framework
for regional economic integration in SADC, this study presents the history of SADC, its
political and economic characteristics that have shaped the legal aspects of trade within
the region, the continent of Africa and the world at large. Within this context, the
definition of regional integration is presented from a general and international
understanding but ultimately gets narrowed down to what it means for Africa and SADC.
The discussion on the · theories behind regional economic integration gives
understanding to the integration approach employed in the organisation. South Africa's
economic and political leadership is critical in the realisation of economic integration; hence this study acknowledges that without South Africa's full commitment; regional
economic integration will suffer .a setback. Besides the challenge of implementing rules
based trade in SADC, this study also identifies a number of obstacles to SADC regional
economic integration and multiple memberships are identified as a: major stumbling
block. A comparative study of SADC's institutional framework with that of the E1;Jropean
Union· (EU) is undertaken to establish the rationale behind SADC's choice of utilising the
EU model of integration. This study establishes the critical role institutions play in the
implementation of treaty obligations as established by the agreements. The main lesson
from this comparative study is that the EU institutions are allowed to fulfill their
obligations of implementing treaty provisions, while SADC institutions are handicapped.
The future of SADC is presented within the context of a set of recommendations that
identifies the tripartite free trade area (FTA) that includes the East Africa Community
(EAC) and the Common Market for Eastern and Southern Africa (COMESA) as one of
viable legal instrument for deeper integration in SADC and the continent of Africa.
General recommendations are made on the need for reform of rules and principles that
are necessary for the implementation of SADC Treaty regime as well as possible
improvements that are important for the full realisation of regional economic integration. / PhD (Law), North-West University, Potchefstroom Campus, 2012
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Regionalisation through economic integration in the Southern African Development Community SADC (SADC) / Amos SaurombeSaurombe, Amos January 2011 (has links)
The regional economic community (REC) of the Southern African Development
Community (SADC) compri'ses 15 Southern African countries. The' economic and
political aspects of regional integration in SADC dictate the pace of integration while the
influence of a legal regime for regional integration remains at the periphery. While the
SADC Treaty and its Protocol on Trade are clear about the priority of economic
integration; the full implementation of SADC's economic integration is still yet to be
realised using these legal instruments. Regional economic integration is also a priority
at both continental and global level. The legal instruments applicable at these levels are
those established through the African Union (AU) and the World Trade Organisation
(WTO) respectively. Analysis of these external legal instruments is relevant because
SADC Member States are signatories to agreements establishing these organisations·.
Thus, rules based trade in SADC should be understood from a regional, continental and
global perspective where a community must have well-structured and managed
relations between itself and other legal systems as a necessary condition for its
effectiveness. These structured relations refers to a legal and institutional framework
that defines the relations between community and national laws, spelling out the
modalities for implementing community law in Member States, defines the respective
competencies of the community and Member States and provide rule based systems for
resolution of conflicts.
In setting the scene for an in-depth discussion of the legal and institutional framework
for regional economic integration in SADC, this study presents the history of SADC, its
political and economic characteristics that have shaped the legal aspects of trade within
the region, the continent of Africa and the world at large. Within this context, the
definition of regional integration is presented from a general and international
understanding but ultimately gets narrowed down to what it means for Africa and SADC.
The discussion on the · theories behind regional economic integration gives
understanding to the integration approach employed in the organisation. South Africa's
economic and political leadership is critical in the realisation of economic integration; hence this study acknowledges that without South Africa's full commitment; regional
economic integration will suffer .a setback. Besides the challenge of implementing rules
based trade in SADC, this study also identifies a number of obstacles to SADC regional
economic integration and multiple memberships are identified as a: major stumbling
block. A comparative study of SADC's institutional framework with that of the E1;Jropean
Union· (EU) is undertaken to establish the rationale behind SADC's choice of utilising the
EU model of integration. This study establishes the critical role institutions play in the
implementation of treaty obligations as established by the agreements. The main lesson
from this comparative study is that the EU institutions are allowed to fulfill their
obligations of implementing treaty provisions, while SADC institutions are handicapped.
The future of SADC is presented within the context of a set of recommendations that
identifies the tripartite free trade area (FTA) that includes the East Africa Community
(EAC) and the Common Market for Eastern and Southern Africa (COMESA) as one of
viable legal instrument for deeper integration in SADC and the continent of Africa.
General recommendations are made on the need for reform of rules and principles that
are necessary for the implementation of SADC Treaty regime as well as possible
improvements that are important for the full realisation of regional economic integration. / PhD (Law), North-West University, Potchefstroom Campus, 2012
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Regional integration in the COMESA-EAC-SADC Tripartite Free Trade Area and the importance of infrastructure development in promoting trade and reducing povertyDaniels, Cecily-Ann Jaqui Monique January 2012 (has links)
No description available.
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Regional integration in the COMESA-EAC-SADC Tripartite Free Trade Area and the importance of infrastructure development in promoting trade and reducing povertyDaniels, Cecily-Ann Jaqui Monique January 2012 (has links)
No description available.
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The promotion and protection of foreign investment in South Africa : a critical review of promotion and protection of Investment Bill 2013Ngwenya, Mtandazo 20 June 2016 (has links)
At the dawn of democratic rule in the period 1994–1998, South Africa concluded 15 bilateral investment treaties (BITs), mostly with European nations. Some of these treaties were concluded before the Constitution of 1996. The country has since concluded a total of 47 BITs, with the majority not in effect as they were not ratified per the required constitutional processes. The policy decision to enter into BITs was taken by the African National Congress (ANC) government, led by the late former state president Nelson Mandela. The BITs were seen as an important guarantee to attract foreign investment into the country. The aim was to provide added assurance that foreign investments were safe in a democratic South Africa after many years of international isolation and sanctions.
The conventional wisdom at the time was that BITs would increase foreign investor appetite to invest and the country would experience rising levels of foreign direct investment (FDI) as a result. This would facilitate economic growth and the transition of the country into the global economy. South Africa concluded BITs with seven of the top ten investor countries. In October 2013 the South African government cancelled a number of BITs with these European countries invested in South Africa. These countries – namely Belgium, Luxembourg, Spain, Switzerland, Germany and the Netherlands – complained of lack of consultation by the South Africans. On 1 November 2013 the Minister of Trade and Industry published, in Government Gazette No 36995, the Promotion and Protection of Investment Bill (PPIB or Investments Bill) as the proposed primary legislative instrument for the protection of foreign investments.
This created much uncertainty among many European nations as well as in the United States of America (US), who were concerned about the motivation for cancelling bilateral treaties in favour of domestic legislation. BITs had been a part of the policy instruments regulating foreign investments in the country for over 20 years. Globally these treaties have been used to regulate foreign investments in a number of areas, and to provide protection to investments such as full protection and security, guaranteed pre-establishment rights, ease of repatriation of funds, most-favoured nation, fair and equitable treatment, national treatment and efficient dispute settlement mechanisms, among other provisions.
In most cases international arbitration via the International Centre for the Settlement of Investment Disputes (ICSID) and other international arbitral mediums has been a standard provision in the treaties. This has allowed foreign investors to bypass host countries’ legal systems. The latter is believed to be a significant inducement for foreign investors, guaranteeing that should a dispute arise, or if an expropriation occurs, the investor could institute an international arbitral process against the host government. International arbitration is preferred by foreign investors for the reason that, in some cases, domestic courts may lack independence from the state, and may make partial rulings that do not protect investors.
Furthermore, international arbitration processes are more efficient and produce rulings faster than domestic courts, which are usually burdened with bureaucratic procedures and limited resources. In cases where delay exacerbates injury, prompt resolution of disputes is preferable. This study evaluates the Investments Bill and the rationale applied by the government of South Africa to cancel BITs with major trade and investment partners in favour of this legislation. The thesis focuses on the Investments Bill, in light of the objective provided by the Department of Trade and Industry (DTI) for its enactment to law. The Investments Bill is subjected to a constitutional analysis to determine its compliance therewith. Comparisons are also made between the Investments Bill provisions and the prevailing international law principles on foreign investments.
The Investments Bill is then critically evaluated against emerging trends on FDI regulation on the African continent to determine its congruence or lack thereof with best practice recommendations at regional economic community (REC) and African Union (AU) level. The thesis concludes with a set of policy recommendations to the DTI on how to improve South African policies related to the regulation of foreign investments taking into account the national imperative as well as Southern African Development Community (SADC) and other broader African continental objectives of harmonisation of FDI regulation, including the Tripartite Free Trade Area (FTA) implementation. The timing of this thesis is significant for South Africa. It adds to various deliberations that are taking place as the Investments Bill is set to makes its way through the legislative approval processes in 2015.
The Bill has been met with opposition from some segments of society. Others have expressed support – including several state departments, the ANC, the South African Communist Party (SACP) and other political formations. The summary of findings contained in the thesis will be presented to the DTI to influence policy directions of the state in terms of foreign investment regulations. Should the Bill be enacted, the Minister of Trade and Industry is required to promulgate the dispute resolution mechanism that will govern investment disputes. The findings of this study will be important to the determination of how such dispute resolution mechanisms may function. Furthermore, in 2010 Cabinet instructed the DTI to develop a model new-generation BIT Template to be utilised by South Africa, should a compelling reason arise to enter into bilateral agreements.
The research results will assist policy-makers to develop policies that are consistent with and align with the overarching Africa strategy that has been heavily promoted by South Africa. The country faces a number of challenges, particularly those related to low economic growth, high levels of poverty, unemployment and record levels of inequality. The gap between the rich and poor, in terms of the Gini coefficient, was 0,67 based on the World Bank Development Research Group Report of 2010. It is reported as one of the highest in the world and is believed to have worsened since the dawn of democracy. / Public, Constitutional and International Law / LL. D. (Public, Constitutional and International Law)
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Regulation of competition under the rules of the free trade area agreements concluded by the European Economic CommunityHorovitz, Dan D. 01 May 1988 (has links)
Pas de résumé / Doctorat en droit / info:eu-repo/semantics/nonPublished
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Regional integration in the COMESA-EAC-SADC Tripartite Free Trade Area and the importance of infrastructure development in promoting trade and reducing povertyDaniels, Cecily-Ann Jaqui Monique January 2012 (has links)
Magister Legum - LLM / South Africa
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Assessing the feasibility of the institutional design of an expanded and devolved trade and investment section of the African Court of Justice and Human RightsMutubwa, Wilfred Akhonya 11 1900 (has links)
Africa has always aspired for the economic integration of its markets. This endeavour is evident right from the 1960s clamour for independence and shortly thereafter, as newly independent states. During this period African countries under the umbrella of the OAU underscored economic cooperation as the basis for intra-African relations. However, it was not until the year 1991, with the conclusion of the AEC Treaty, that the continent formally adopted a framework and roadmap towards continental economic integration.
The 40-year roadmap towards a continental economic community was premised upon the two principles of harmonisation and devolution. Moreover, the six-stage integration process set out in Article 6 of the AEC Treaty identifies the eight RECs in Africa as the building blocks for the continent’s proposed single market and economic union. It also underpinned the economic integration of the continent on the harmonious co-existence of the RECs.
A step-wise ambitious integration model was adopted under Article 6 of the AEC Treaty. The model envisaged the creation of a Free Trade Area (FTA), followed by a Customs Union, a Common Market and ultimately a fully-fledged Economic Union. As a first step towards the continental integration, the African Continental Free Trade Area (AfCFTA) was unveiled in 2018.
Cross border, intra-African trade, is bound to lead to a rise in investment and commercial transactions on the continent. This, in turn, will inevitably lead to disputes which require resolution. The economic integration of the continent is fast evolving under the aegis of the AU; whose dispute settlement system is currently also under review. Significantly, the AU has consolidated its dispute settlement mechanism, following the merger in 2008 of the ACJ and ACH&PR, into a single AU court, known as the African Court of Justice and Human Rights (ACJ&HR).
It is within the context of the merged AU single court that this thesis grounds itself. It seeks to interrogate the adequacy of the continental trade and investment dispute settlement system and examines its viability within the consolidated AU dispute settlement system. While the AU led continental economic integration gains pace, the dispute settlement system, critical for the integration, is either lagging behind or is not receiving adequate attention. As a result, the dispute settlement systems created under the AEC and AfCFTA are incongruent with the principles of harmonisation and devolution, which underpin the continent’s economic integration goals.
The recommendations proffered, align with the philosophy of harmonising and devolving the continental trade and investment dispute settlement system. The research proposes to locate the continental trade and investment dispute settlement within the AU single court system. The principal recommendation is not only to expand the Court’s jurisdiction in order to accommodate the trade and investment mandate, but also to use sub-regional REC judicial organs as courts of first instance for the ACJ&HR. A hierarchical order of the continental court system, with the single AU Court at the apex, is also proposed in this study as the supreme overarching supranational judicial organ. / Public, Constitutional, and International Law / LL.D.
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