JIEL’s special issue on digital trade is out!

Professor of Law : Georgetown University, and Director, Institute of International Economic Law

JIEL's special issue on digital trade is out!

Chris-Brummer-Featured-In-New-Journal-Of-International_Economic-Law

The Journal of International Economic Law's latest edition is out--offering papers presented at an academic conference on the sidelines of the WTO’s 11th Ministerial Conference, which was held in Buenos Aires in December 2017. Substantively, the Special Issue is clustered around two themes: first, a substantive theme focused on e-commerce and the digital economy and how trade rules could or should adapt to them; secondly, a process-based theme addressing how trade rules could be better improved and updated.  For more, see here.

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G7 acrimony sparks new concerns for the international trading system

Professor of Law : Georgetown University, and Director, Institute of International Economic Law

G7 acrimony sparks new concerns for the international trading system

Trump and Trudeau meet at the G7 Summit, Chris Brummer comments
President Trump and Prime Minister Trudeau speak at the G7 Summit. Photo Courtesy of FT.com

Listen here to the Financial Times's new podcast.   As Professor Brummer also notes on twitter, the bludgeoning of the G7 will invariably bolster the status of the G20 as the primary forum for global policymaking where--notably--Russia is already a member (and China).

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Chris Brummer Chairs Panel on Financial Stability with New York Federal Reserve and European Commission

Professor of Law : Georgetown University, and Director, Institute of International Economic Law

Chris Brummer Chairs Panel on Financial Stability with New York Federal Reserve and European Commission

https://www.newyorkfed.org/medialibrary/media/research/conference/2018/ecnyfedcepra_031318.pdf?la=en

Professor Chris Brummer chaired a panel at the New York Fed with John Berrigan, the European Commission's Deputy Director-General for Financial Stability, Financial Services and Capital Markets Union, Elka Koenig, the Banking Union's Single Resolution Mechanism head, and Nathan Sheets a former Under Secretary of the Treasury for International Affairs.  The conference, The Transatlantic Economy Ten Years after the Crisis: Macro-Financial Scenarios and Policy Responses, was co-sponsored with the European Commission.

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French Regulators to Release CryptoCurrency Rules

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Bitcoin Rally Underway

Professor of Law : Georgetown University, and Director, Institute of International Economic Law

Bitcoin Rally Underway

 
Professor Chris Brummer comments on the Bitcoin rally currently underway.
Chris Brummer comments on the Bitcoin rally currently underway.

A Bitcoin rally is underway due to the FSB's suggestion to the G20 that it refrain from regulating bitcoin.  However, as Professor writes in an op-ed for Cointelegraph,  traders are almost certainly reading too much into the comments.

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Chris Brummer Shares Views of Bitcoin, Initial Coin Offerings with Congress

Professor of Law : Georgetown University, and Director, Institute of International Economic Law

Chris Brummer Shares Views of Bitcoin, Initial Coin Offerings with Congress

Chris Brummer's testimony regarding what should be included in an ICO white paper
Chris Brummer's full testimony regarding what should be included in an ICO White Paper

Professor Chris Brummer delivered testimony on the proper regulation of cryptocurrencies and ICOs before Congress's House Financial Services Subcommittee.  The testimony was broadcast on C-SPan and covered in a number of venues, including here.  The full written testimony can be found here.

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What Should Be in an ICO White Paper?

Professor of Law : Georgetown University, and Director, Institute of International Economic Law

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IIEL Teams Up with Atlantic Council for Press Briefing on US Tariffs

Professor of Law : Georgetown University, and Director, Institute of International Economic Law

IIEL Teams Up with Atlantic Council for Press Briefing on US Tariffs

Atlanta Council Members discuss Trump's Tariff, Chris Brummer comments
Chris Brummer and others discuss Trump's Tariffs

In a wide-ranging discussion for dozens of media outlets, the IIEL’s Faculty and Senior Fellows addressed the implications of the tariffs for WTO and regional trade initiatives, prospects for retaliation and how the current regime compares to past U.S. tariffs in the steel and aluminum sectors.   You can listen to a recording of the press call here.

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Georgetown’s IIEL Releases New Proposal for WTO Appellate Body Reform

Professor of Law : Georgetown University, and Director, Institute of International Economic Law

Georgetown's IIEL Releases New Proposal for WTO Appellate Body Reform

TRANSITION ON THE WTO APPELLATE BODY: A PAIR OF REFORMS?, Disucssion by Chris Brummer
Source: Georgetown Law https://georgetown.app.box.com/s/jwcvlz2thwtv3dhgdne0nkfk3vlpv3sf

The United States has reasserted its argument that the real problem at the WTO Appellate Body is that members stay on to finish cases that began before their terms expired.  IIEL's recently released Issue Brief, a product of discussions between Georgetown faculty, students and stakeholders, provides a solution to the problem without taking sides in the debate over whether the Appellate Body’s current practice of appointing hold-overs is or is not permissible under the current rules.

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IIEL Releases Issue Brief on WTO Reform

Professor of Law : Georgetown University, and Director, Institute of International Economic Law

IIEL Releases Issue Brief on WTO Reform

IIEL most recent issue brief, Chris Brummer comments
Source: Georgetown University Law Center

Members of the World Trade Organization (WTO) have been unable to agree on the appointment of new members to the seven-person Appellate Body (AB) in a timely fashion.  IIEL's recently released Issue Brief, a product of discussions between Georgetown faculty, students and stakeholders, provides a solution to the problem without taking sides in the debate over whether the Appellate Body’s current practice of appointing hold-overs from earlier appointments is or is not permissible under the current rules. It proposes a single amendment to the DSU that represents a compromise—limiting the use of hold-overs while creating incentives for the timely replacement of ABMs whose terms of office are coming to an end. 

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