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Multilateral Agreement On Investment
The Multilateral Agreement on Investment (MAI) was a draft agreement negotiated in secret between members of the Organisation for Economic Co-operation and Development (OECD) between 1995 and 1998. It sought to establish a new body of universal investment laws that would grant corporations unconditional rights to engage in financial operations around the world, without any regard to national laws and citizens' rights. The draft gave corporations a right to sue governments if national health, labor or environment legislation threatened their interests. When its draft became public in 1997, it drew widespread criticism from civil society groups and developing countries, particularly over the possibility that the agreement would make it difficult to regulate foreign investors. After an intense global campaign was waged against the MAI by the treaty's critics, the host nation France announced in October 1998 that it would not support the agreement, effectively preventing its adoption due ...
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Organisation For Economic Co-operation And Development
The Organisation for Economic Co-operation and Development (OECD; , OCDE) is an international organization, intergovernmental organization with 38 member countries, founded in 1961 to stimulate economic progress and international trade, world trade. It is a forum (legal), forum whose member countries describe themselves as committed to democracy and the market economy, providing a platform to compare policy experiences, seek answers to common problems, identify good practices, and coordinate domestic and international policies of its members. The majority of OECD members are generally regarded as developed country, developed countries, with High-income economy, high-income economies, and a very high Human Development Index. their collective population is 1.38 billion people with an average life expectancy of 80 years and a median age of 40, against a global average of 30. , OECD Member countries collectively comprised 62.2% of list of countries by GDP (nominal), global nom ...
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Agreement On Trade-Related Aspects Of Intellectual Property Rights
The Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) is an international agreement, international legal agreement between all the member nations of the World Trade Organization (WTO). It establishes minimum standards for the regulation by national governments of different forms of intellectual property (IP) as applied to nationals of other WTO member nations. TRIPS was negotiated at the end of the Uruguay Round of the General Agreement on Tariffs and Trade (GATT) between 1989 and 1990 and is administered by the WTO. The TRIPS agreement introduced intellectual property law into the multilateral trading system for the first time and remains the most comprehensive multilateral agreement on intellectual property to date. In 2001, developing countries, concerned that developed countries were insisting on an overly narrow reading of TRIPS, initiated a round of talks that resulted in the Doha Declaration on the TRIPS agreement and public health, Doha Declarati ...
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Ratchet Effect
The ratchet effect is a concept in sociology and economics illustrating the difficulty with reversing a course of action once a specific thing has occurred, analogous with the mechanical ratchet (device), ratchet that allows movement in one direction and seizes or tightens in the opposite. The concept has been applied to multiple fields of study and is related to the phenomena of scope creep, mission creep, and feature creep. Background The ratchet effect first came to light in Alan T. Peacock, Alan Peacock and Jack Wiseman (economist), Jack Wiseman's 1961 report "The Growth of Public Expenditure in the United Kingdom." Peacock and Wiseman found that public spending increases like a ratchet following periods of crisis. The term was later expanded upon by American historian Robert Higgs in the 1987 book ''Crisis and Leviathan,'' highlighting Peacock and Wiseman's research as it relates to governments experiencing difficulty in Rollback (legislation), rolling back huge bureaucra ...
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The Gazette (Montreal)
''The Gazette'', also known as the ''Montreal Gazette'', is a Canadian English-language broadsheet daily newspaper which is owned by Postmedia Network. It is published in Montreal, Quebec, Canada. It is the only English-language daily newspaper currently published in Montreal. Three other daily English-language newspapers shuttered at various times during the second half of the 20th century. It is one of the French-speaking province's last two English-language dailies; the other is the '' Sherbrooke Record'', which serves the anglophone community in Sherbrooke and the Eastern Townships southeast of Montreal. Founded in 1778 by Fleury Mesplet, ''The Gazette'' is Quebec's oldest daily newspaper and the oldest continuously published newspaper in Canada. The oldest newspaper overall is the English-language ''Quebec Chronicle-Telegraph'', which was established in 1764 and is published weekly. History Fleury Mesplet founded a French-language weekly newspaper called ''La Gazette ...
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Race To The Bottom
Race to the bottom is a Socioeconomics, socio-economic concept describing a scenario in which individuals or companies compete in a manner that incrementally reduces the utility of a product or service in response to perverse incentives. This phenomenon is in contrast with traditional competition (economics), competition, which tends to improve goods and services. Deregulation The term has primarily been used to describe either government deregulation of the business environment or reduction in corporate tax rates, in order to attract or retain economic activity in their jurisdictions. While this phenomenon can happen between countries as a result of globalization and free trade, it also can occur within individual countries between their sub-jurisdictions (states, localities, cities). It may occur when Competition (economics), competition increases between geographic areas over a particular sector of trade and production. The effect and intent of these actions is to lower labor ...
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Minister Of International Trade (Canada)
The Minister of International Trade () is the minister of the Crown in the Cabinet of Canada, Canadian Cabinet responsible for the federal government's international trade portfolio. Along with the Minister of Foreign Affairs (Canada), Minister of Foreign Affairs and International Development, it is one of two ministers associated with Global Affairs Canada. The position is currently held by Maninder Sidhu; the position's official title is currently Minister of International Trade (). History The post was first established in 1983 as the Minister for International Trade by the ''Government Organization Act, 1983'', which re-organized various governmental functions and updated the ''Department of External Affairs Act''. The lead responsibility for international trade was reassigned from the Department of Industry to the Department of External Affairs, and the position was created to assist the senior departmental minister, the Secretary of State for External Affairs at the time ...
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Sergio Marchi (politician)
Sergio Marchi, (born May 12, 1956), is a Canadian politician and former diplomat, who served as a federal Liberal Member of Parliament and cabinet minister and, later, as an ambassador. Marchi was born in Argentina to an Italian family who subsequently emigrated to Canada. He first entered politics at the municipal level, where he was elected Alderman for Ward 1 in North York (now part of Toronto) in 1982. He was subsequently elected to the House of Commons of Canada in the 1984 election as the Liberal Member of Parliament (MP) for the Toronto-area riding of York West. When the Liberals came to power in the 1993 election, Prime Minister Jean Chrétien brought Marchi into the Canadian Cabinet as Minister of Citizenship and Immigration. He also served as Minister of the Environment and Minister of International Trade in 1997. Marchi left politics in 1999 and was appointed as Canadian ambassador to the World Trade Organization, and the UN Agencies, in Geneva Geneva ...
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Z Magazine
ZNetwork, formerly known as Z Communications, is a left-wing activist-oriented media group founded in 1986 by Michael Albert and Lydia Sargent.Max Elbaum''Revolution in the Air: Sixties Radicals Turn to Lenin, Mao and Che'' London, England, UK; New York, New York, US: Verso, 2002. p. 296. It is, in broad terms, ideologically libertarian socialist, anti-capitalist, and heavily influenced by participatory economics, although much of its content is focused on critical commentary of foreign affairs. Its publications include ''Z Magazine'', ''ZNet'', and ''Z Video''. Since early November 2022, they have all been regrouped under the name ''ZNetwork''. History ''Zeta Magazine'' was founded by Michael Albert and Lydia Sargent in 1987, both of whom had previously co-founded South End Press. It was renamed ''Z Magazine'' in 1989. Founded in 1994, Z Media Institute provides classes and other sessions in how to start and produce alternative media, how to better understand media, and how ...
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World Trade Organization
The World Trade Organization (WTO) is an intergovernmental organization headquartered in Geneva, Switzerland that regulates and facilitates international trade. Governments use the organization to establish, revise, and enforce the rules that govern international trade in cooperation with the United Nations System. The WTO is the world's largest international economic organization, with 166 members representing over 98% of global trade and global GDP. The WTO facilitates trade in goods, trade in services, services and intellectual property among participating countries by providing a framework for negotiating trade agreements, which usually aim to reduce or eliminate tariffs, Import quota, quotas, and other Trade barrier, restrictions; these agreements are signed by representatives of member governments. (The document's printed folio numbers do not match the PDF page numbers.) and ratified by their legislatures. It also administers independent dispute resolution for enforcing ...
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United Nations Conference On Trade And Development
UN Trade and Development (UNCTAD) is an intergovernmental organization within the United Nations Secretariat that promotes the interests of developing countries in world trade. It was established in 1964 by the United Nations General Assembly (UNGA) as the United Nations Conference on Trade and Development but rebranded to its current name on the occasion of its 60th anniversary in 2024. It reports to both the General Assembly and the United Nations Economic and Social Council (ECOSOC). UNCTAD is composed of 195 member states and works with non-governmental organizations worldwide; its permanent secretariat is at UNOG in Geneva, Switzerland. The primary objective of UNCTAD is to formulate policies relating to all aspects of development, including trade, aid, transport, finance and technology. It was created in response to concerns among developing countries that existing international institutions like GATT (since replaced by the World Trade Organization), the International ...
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Noam Chomsky
Avram Noam Chomsky (born December 7, 1928) is an American professor and public intellectual known for his work in linguistics, political activism, and social criticism. Sometimes called "the father of modern linguistics", Chomsky is also a major figure in analytic philosophy and one of the founders of the field of cognitive science. He is a laureate professor of linguistics at the University of Arizona and an institute professor emeritus at the Massachusetts Institute of Technology (MIT). Among the most cited living authors, Chomsky has written more than 150 books on topics such as linguistics, war, and politics. In addition to his work in linguistics, since the 1960s Chomsky has been an influential voice on the American Left, American left as a consistent critic of U.S. foreign policy, Criticism of capitalism, contemporary capitalism, and Corporate influence on politics in the United States, corporate influence on political institutions and the media. Born to Ashkenazi Jew ...
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Energy Charter Treaty
The Energy Charter Treaty (ECT) is an international agreement which establishes a multilateral framework for cross-border cooperation in the energy industry, principally the fossil fuel industry. The treaty covers all aspects of commercial energy activities including trade, transit, investments and energy efficiency. The treaty contains dispute resolution procedures both for States Parties to the Treaty (vis-à-vis other States) and as between States and the investors of other States, who have made investments in the territory of the former. Full versions of the treaty, both consolidated and official, are readily accessible. Initially, the Energy Charter process aimed to integrate the energy sectors of the Soviet Union and Eastern Europe at the end of the Cold War into the broader European and world markets. Its role, however, extends beyond east–west cooperation and, through legally binding instruments, free trade in global energy markets and non-discrimination to stimulate fo ...
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