Publication
Dec 2007
This paper explores how an international institutional order develops, commenting on negative experience and the issue of transaction costs. It looks at mechanisms that stabilize rule systems, bargaining procedures for cooperation gains, dispute settlement, sanctions, side payments, self-enforcing contracts, waivers and regional integrations within a multilateral order such as the EU. In addition, it analyzes the prevention of negative spillovers, international courts and global public goods.
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English (PDF, 36 pages, 469 KB) |
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Author | Horst Siebert |
Series | Kiel Institute Working Papers |
Issue | 1388 |
Publisher | Kiel Institute for the World Economy |
Copyright | © 2007 Kiel Institute for the World Economy |