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countries of Cambodia, the Lao PDR, Myanmar, and Vietnam. The trade policies of these countries are examined, and a series of … impacts on sensitive domestic industries in Vietnam. The study recommends that accession to AFTA be viewed as an important …
Persistent link: https://www.econbiz.de/10012563544
People's Democratic Republic, and Vietnam), whose performance in export and income growth has been strikingly better than … income growth. (It makes no sense, for example, to introduce the trade policy instruments of a market economy when the … domestic economy is still based on central planning.)But there has been no single magic formula for their success. Martin …
Persistent link: https://www.econbiz.de/10012748744
instruments of a market economy when the domestic economy is still based on central planning.) But there has been no single magic …, and Vietnam) has done. China experienced an extended transition process; the transition ws much shorter in other East …
Persistent link: https://www.econbiz.de/10012572918
The agreement to abolish the quotas on textiles and clothing introduced under the Multi-fiber Arrangement (MFA) will create a new and much more competitive world market for India's exports of textiles and clothing. India's inefficient and costly policies, such as cotton export quotas, the hank...
Persistent link: https://www.econbiz.de/10014076220
What are the potential benefits from establishing international rules for the conduct of trade policy and how should these rules be designed? These questions are of central importance to the evolution of national trade policies in the post-war era, a period in which an elaborate system of...
Persistent link: https://www.econbiz.de/10013218417
Despite the important roel played by GATT in the world economy, economist have nto developed a unified theoretical … that includes all the major political-economy models of trade policy as special cases. Using this general framework we …
Persistent link: https://www.econbiz.de/10013219697
Why do governments seek restrictions on the use of export subsidies through reciprocal trade agreements such as GATT? With existing arguments, it is possible to understand GATT's restrictions on export subsidies as representing an inefficient victory of the interests of exporting governments...
Persistent link: https://www.econbiz.de/10013237015
and non-discrimination, the two principles that are the pillars of the multi- lateral trading system as embodied in GATT and its successor, the WTO. We show that GATT's principle of reciprocity serves to neutralize the world-price effects of a country's trade policy decisions, and hence can...
Persistent link: https://www.econbiz.de/10013239353
Existing formal models of the relationship between trade policy and regulatory policy suggest the potential for a regulatory race to the bottom. WTO rules and disputes, however, center on complaints about excessively stringent regulations. This paper bridges the gap between the existing formal...
Persistent link: https://www.econbiz.de/10013153585
We argue in this paper that the second-best nature of trade-policy intervention makes it likely that the issue of time consistency viii be an important consideration in determining both the extent and the efficacy of such intervention in most environments. The point is seen most directly by...
Persistent link: https://www.econbiz.de/10013324619