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Governments, or at least the clever ones among them, are aware of the factors guiding business activities. In the course of adopting and enforcing economic legislation, they seek to attract business activities in order to increase national income (and fiscal revenues), generate employment opportunities and, very generally, please voters. Hence economic law may be considered an economic good, as suggested by the title of this book. That function, which most rules of economic law have in the competition of systems, was strengthened by the worldwide liberalization of trade. Today, it is of greater significance than ever before. Lawyers and economists, academics and practitioners from inside and outside Germany have taken a look at the facts and discussed approaches to conceptualizing them. The resulting thirty essays collected in this volume contribute to the interpretation of existing, and the making of new, economic law.
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"It is fair to say that trade facilitation is a key policy priority for most if not all the trading nations. The benefits for implementing trade facilitation provisions such as the ones in the World Trade Organization's (WTO) Trade Facilitation Agreement are well documented. However, the need for measuring progress of the provisions remain as strong as ever. Since 2015 the United Nations Global Survey on Digital and Sustainable Trade Facilitation has been successfully conducted by five United Nations Regional Commissions for Africa (ECA), Europe (ECE), Asia and the Pacific (ESCAP), Latin America and the Caribbean (ECLAC) and West Asia (ESCWA) with support from other UN agencies and international and regional organizations consecutively for the third time .... In the UNECE region, the average implementation rate is higher than the global average reaching 72.6%, marking a 5.6-percentage point increase since 2017. The survey for the region, covering a total of 42 member states shows improvement in all categories of measures. This year's survey includes a revamped-section on trade facilitation measures related to the 2030 Sustainable Development Agenda including SMEs, women participation and sectors like agriculture ..."--Foreword
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