Author Archives: Lawrence Herman
Historic Shifts in Global Trade
More Protectionism is Poor Trade Policy
Recent Developments in Canada’s Trade Law Regime
In this short commentary, I describe some notable developments in Canada’s trade remedy system, heralding what seems to be a more agressive approach by the Federal government in dealing with imported goods, with China being in the focus.
Investor-State Dispute Settlement (ISDS) – Some Comments
The proliferation of bilateral international investment agreements (IIAs) globally, with their binding Investor-State Dispute Settlement (ISDS) provisions, means that investment arbitrations will be an ongoing feature of business relations in many parts of the world. Even if some countries are terminating their IIAs, investment arbitrations will continue, the challenge for governments being to respond to criticisms by improving appointment procedures, transparency and public understanding of the ISDS process generally. This May 2023 article suggests some ways forward,
Investor-State Disputes – The Record and the Reforms Needed for the Road Ahead
A Comment on the WTO’s Future – C.D. Howe Institute
The World Trade Organization is facing serious challenges. Its negotiating functions are paralyzed by disagreements among member governments. The dispute settlement process is dysfunctional as well. Institutional reform of the Organization is long overdue. Given these problems, what is the realistic future of the WTO? Here are some practical suggestions.
Green Subsidies & Trade Wars – Commentary
One of the serious shortcomings of the global trading order – as represented by the WTO & its multilateral rules-based system – is that it is based on a commercial world that no longer exists. The rules are not adequate to deal with modern trade challenges, particularly climate change & decarboniztion. This short piece suggests some medium term options for governments in this area.
World of Trade in 2023
In January 2023, I wrote an opinion piece for the Globe and Mail (Toronto) about the coming year’s prospects for the multilateral trading system, giving all the problems confronting the WTO. The piece outlines, in brief fashion, some themes for the year to come.
Critical Trade Issues for Critical Minerals
In this paper published by the MacDonald Laurier Institute, I say Canada’s Export Control List should be enlarged to include critical minerals, which is not the case now. Second, I say
that export controls are a vital strategic tool and that any Canadian critical
minerals policy must include export controls as a major component of that policy.
Canada’s Indo-Pacific Strategy
Looking ahead to Canada’s proposed Indo-Pacific Strategy, a brief comment about export controls as one of the main components of that strategy, a trade tool little discussed in the press.