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The Impact of Barriers to Trade on Investment

In: Biotechnology Regulation and Trade

Author

Listed:
  • Stuart J. Smyth

    (University of Saskatchewan)

  • William A. Kerr

    (University of Saskatchewan)

  • Peter W. B. Phillips

    (University of Saskatchewan)

Abstract

International trade rules based on science are not functioning efficiently. Considerable effort was put forth in the 20th century to remove politics from the frameworks that governed international trade. Some degree of success was achieved as numerous institutions were founded or their roles expanded. These institutions were established on the premise that science-based frameworks were essential to the efficient functioning of international commerce. The first decade and a half of the 21st century would seem to suggest that these institutions are floundering and that the role of science as the basis of international trade rules is on the decline. This chapter focuses on the fundamental causes for the disruption of international trade and its implications for investment.

Suggested Citation

  • Stuart J. Smyth & William A. Kerr & Peter W. B. Phillips, 2017. "The Impact of Barriers to Trade on Investment," Natural Resource Management and Policy, in: Biotechnology Regulation and Trade, chapter 0, pages 125-146, Springer.
    • Handle: RePEc:spr:nrmchp:978-3-319-53295-0_7
    DOI: 10.1007/978-3-319-53295-0_7
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