Movement of Capital and Trade in Services:Distinguishing Myth from Reality Regarding the GATS and the Liberalization of the Capital Account

This article will analyze the interplay between capital movements and trade
in services as structured in World Trade Organization (WTO) law, and it will
assess the implications of the capital account liberalization for the freedom of
WTO Members to pursue their economic policies. Although the movement
of capital is largely confined to the domain of international financial or monetary
policy, it is regulated by WTO law due to its role in the process of
financial services liberalization, which generally requires liberalized capital
flows. From a legal perspective, the interplay between capital movements
and trade in services requires striking a delicate balance between the right
of market access and the parallel right of economic stability. Indeed, a liberalized
regime for capital movements could pose serious stability problems
during times of crisis. For this reason, it is necessary that Members are able
to derogate from their obligations and adopt emergency measures.
Regulating the movement of capital in the General Agreement on Trade in
Services (GATS) requires stretching the regulatory oversight of WTO law
over different aspects of international economic policy. Indeed, capital movements are a fundamental component of the balance of payments and have a
major role in shaping monetary, fiscal, and financial policies. This article will
analyze how the discipline provided by the GATS on capital movements will
affect not only trade in services, but also the Members’ policy space on
monetary and fiscal policy. The article will conclude that while the GATS offers enough policy space for the maintenance of financial stability, it does
not fully take into consideration the need of Members to control capital
movements in order to conduct monetary policies.

Where the consumer is not a myth : letters from England describing economic and industrial conditions by Zach McGhee, Washington correspondent : speech of Hon. Wyatt Aiken in the House of Representatives, Tuesday, March 22, 1910

This document contains a speech of David Wyatt Aiken, representative of South Carolina, to the House of Representatives on Tuesday, March 22, 1910. Much of the speech is a letter from Zach McGhee, Washington correspondent of The State newspaper on industrial conditions in England and Europe.

Education, sport and myth in the community of Glengarry, Ontario : the athletic career of Roderick R. McLennan. 260 St. Catharines, Ont. : Faculty of Education, Brock University ;

This study examined how the athletic career of Roderick R. McLennan contributed to the popularization and subsequent development of Caledonian games in Ontario during the latter nineteenth century. Initially, the development of Caledonian games during the 1800s was examined to provide a contextual framework for McLennan's career. This investigation revealed that the games emerged from rural athletic events at pioneer working bees in the first quarter of the nineteenth century to regional sporting events by the mid-1800s, and finally into annual federated Caledonian games in 1870. Noteworthy primary source material for this chapter included the John MacGillivray Papers at the National Archives of Canada, the Scottish American Journal (NY) and the files retained by the Glengarry Sport Hall of Fame in Maxville, Ontario. Following the investigation of Caledonian games, McLennan's early athletic career was studied. Analysis of the Roderick and Farquhar McLennan Papers at the Archives of Ontario and the newspapers from the period revealed that McLennan rose to popularity in 1865 through a "Championship of the World" hammer throwing match in Cornwall and two "Starring Tours". The next chapter examined the height of McLennan's career through an investigation of the Roderick McLennan versus Donald Dinnie rivalry of the early .. n 1870s. It was detennined that the rivalry between McLennan and Dinnie, the champion athlete of Highland games in Scotland, was a popular attraction and had an impact on the Toronto and Montreal games of 1870 and the Toronto games of 1872. Finally, the athletic records established by McLennan during the 1860s and 1870s were investigated. These records were examined through the context of a media controversy over McLennan's feats that developed in the early 1880s between two newspapers. This controversy erupted between the Toronto Mail and the Spirit of the Times. Caledonian games in Canada have only been briefly examined and a thorough examination of prominent Canadian figures in this context has yet to be undertaken. This study unearths a prominent Canadian athlete of Scottish decent and details his involvement in the Caledonian games of nineteenth century Ontario.

"Canada's toughest neighbourhood" : surveillance, myth and orientalism in Jane-Finch

This study examines coverage of lane-Finch in popular Canadian newspapers in 2007. It explores the often-negative representations of the community through conceptual frameworks based on the work of Michel Foucault, Roland Barthes and Edward Said. The question it attempts to answer is: What knowledge and power relationships are embedded within depictions of lane-Finch in popular Canadian newspapers in 2007? The methodology is a version of critical discourse analysis based on Foucault's The Archaeology of Knowledge. It finds that predominantly-negative connotations of the neighbourhood are reinforced through the perpetuation of dominant discourses, the use of "expert" knowledge sources, and the discounting of subjugated knowledges or livedexperiences of residents. The study concludes by suggesting where further research within the realm of popular culture and community identity can be directed.

The Myth of Labour-Management Partnerships and the Risk to Labour: A CAMI Automotive Study

The purpose of this study is to examine and explore the level of risk that CAMI workers confront under their existing labour-management partnership arrangement. Risk is explored using two distinct categories, distributive and political. Distributive risk is expressed as tangibly substantive, reflecting the real terms and conditions of employment, and the changing social relations of production on the floor. The second type of risk is political and is concerned with the effects that labour-management partnerships have on the displacement of unions as legitimate agents of/for workers within the workplace. Data was collected using three methods; content analysis, cross-sectional survey and focus group interviews. The study revealed that CAMI workers are exposed to both distributive and political risk under their current LMP arrangement.

Global bioethics – myth or reality?

Affiliation: Bryn Williams-Jones : Département de médicine sociale et préventive, Faculté de medecine, Université de Montréal

Clash of Civilizations in the Post 9/11 World: Myth or Reality?

Payam AKHAVAN est professeur à la Faculté de droit de l'Université McGill, ancien conseiller juridique aux Tribunaux pénaux internationaux pour l'ex-Yougoslavie et le Rwanda et président co-fondateur du Iran Human Rights Documentation Centre.

The Myth of Demonetarization of Gold

The aim of this paper is to discuss the crisis of the international financial system and the necessity of reforming it by new anchor or benchmark for the international currency, a money-commodity. The need for understanding the definition of a numéraire is a first necessity. Although most economists reject any connection between money and a particular commodity (gold) – because of the existence of legal tender money in every country – it will be shown that it is equivalent to reduce the real space to an abstract number (usually assumed 1) in order to postulate that money is neutral. This is sheer nonsense. It will also be shown that the concept of fiat money or state money does not preclude the existence of commodity money. This paper is divided in four sections. The first section analyses the definition and meaning of a numéraire for the international currency and the justification for a variable standard of value. In the second section, the market value of the US dollar is analysed by looking at new forms of value -the derivative products- the dollar as a safe haven, and the role of SDRs in reforming the international monetary system. In the third and fourth sections, empirical evidence concerning the most recent period of the financial crisis is presented and an econometric model is specified to fit those data. After estimating many different specifications of the model –linear stepwise regression, simultaneous regression with GMM estimator, error correction model- the main econometric result is that there is a one to one correspondence between the price of gold and the value of the US dollar. Indeed, the variance of the price of gold is mainly explained by the Euro exchange rate defined with respect to the US dollar, the inflation rate and negatively influenced by the Dow Jones index and the interest rate.

Nation, miscegenation, and the myth of the Mulatta/o Monster 1859-1886

Thèse numérisée par la Division de la gestion de documents et des archives de l'Université de Montréal

Practical and Foundational Aspects of Secure Computation

Il y a des problemes qui semblent impossible a resoudre sans l'utilisation d'un tiers parti honnete. Comment est-ce que deux millionnaires peuvent savoir qui est le plus riche sans dire a l'autre la valeur de ses biens ? Que peut-on faire pour prevenir les collisions de satellites quand les trajectoires sont secretes ? Comment est-ce que les chercheurs peuvent apprendre les liens entre des medicaments et des maladies sans compromettre les droits prives du patient ? Comment est-ce qu'une organisation peut ecmpecher le gouvernement d'abuser de l'information dont il dispose en sachant que l'organisation doit n'avoir aucun acces a cette information ? Le Calcul multiparti, une branche de la cryptographie, etudie comment creer des protocoles pour realiser de telles taches sans l'utilisation d'un tiers parti honnete. Les protocoles doivent etre prives, corrects, efficaces et robustes. Un protocole est prive si un adversaire n'apprend rien de plus que ce que lui donnerait un tiers parti honnete. Un protocole est correct si un joueur honnete recoit ce que lui donnerait un tiers parti honnete. Un protocole devrait bien sur etre efficace. Etre robuste correspond au fait qu'un protocole marche meme si un petit ensemble des joueurs triche. On demontre que sous l'hypothese d'un canal de diusion simultane on peut echanger la robustesse pour la validite et le fait d'etre prive contre certains ensembles d'adversaires. Le calcul multiparti a quatre outils de base : le transfert inconscient, la mise en gage, le partage de secret et le brouillage de circuit. Les protocoles du calcul multiparti peuvent etre construits avec uniquements ces outils. On peut aussi construire les protocoles a partir d'hypoth eses calculatoires. Les protocoles construits a partir de ces outils sont souples et peuvent resister aux changements technologiques et a des ameliorations algorithmiques. Nous nous demandons si l'efficacite necessite des hypotheses de calcul. Nous demontrons que ce n'est pas le cas en construisant des protocoles efficaces a partir de ces outils de base. Cette these est constitue de quatre articles rediges en collaboration avec d'autres chercheurs. Ceci constitue la partie mature de ma recherche et sont mes contributions principales au cours de cette periode de temps. Dans le premier ouvrage presente dans cette these, nous etudions la capacite de mise en gage des canaux bruites. Nous demontrons tout d'abord une limite inferieure stricte qui implique que contrairement au transfert inconscient, il n'existe aucun protocole de taux constant pour les mises en gage de bit. Nous demontrons ensuite que, en limitant la facon dont les engagements peuvent etre ouverts, nous pouvons faire mieux et meme un taux constant dans certains cas. Ceci est fait en exploitant la notion de cover-free families . Dans le second article, nous demontrons que pour certains problemes, il existe un echange entre robustesse, la validite et le prive. Il s'effectue en utilisant le partage de secret veriable, une preuve a divulgation nulle, le concept de fantomes et une technique que nous appelons les balles et les bacs. Dans notre troisieme contribution, nous demontrons qu'un grand nombre de protocoles dans la litterature basee sur des hypotheses de calcul peuvent etre instancies a partir d'une primitive appelee Transfert Inconscient Veriable, via le concept de Transfert Inconscient Generalise. Le protocole utilise le partage de secret comme outils de base. Dans la derniere publication, nous counstruisons un protocole efficace avec un nombre constant de rondes pour le calcul a deux parties. L'efficacite du protocole derive du fait qu'on remplace le coeur d'un protocole standard par une primitive qui fonctionne plus ou moins bien mais qui est tres peu couteux. On protege le protocole contre les defauts en utilisant le concept de privacy amplication .