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The multilateral trade system rests on the principle of nondiscrimination. The most-favored-nation (MFN) clause embodied in article one of the General Agreement on Tariffs and Trade (GATT) was the defining principle for a system that emerged in the post, Second World War era, largely in reaction...
Persistent link: https://www.econbiz.de/10012563481
This paper uses detailed data on bound and applied tariffs to assess the consequences of the World Trade Organization s December 2008 Modalities for tariffs levied and faced by developing countries, and the welfare implications of these reforms. The authors find that the tiered formula for...
Persistent link: https://www.econbiz.de/10012551172
This paper examines the extent to which various regions, and the world as a whole, could gain from multilateral trade reform over the next decade. The World Bank's Linkage model of the global economy is employed to examine the impact first of current trade barriers and agricultural subsidies,...
Persistent link: https://www.econbiz.de/10014062361
This paper examines the extent to which various regions, and the world as a whole, could gain from multilateral trade reform over the next decade. The World Bank's LINKAGE model of the global economy is employed to examine the impact first of current trade barriers and agricultural subsidies,...
Persistent link: https://www.econbiz.de/10014063966
The issue of special and differential treatment (SDT) for developing countries in the WTO has become a source of tension in North-South trade relations. The absence of an effective SDT regime clearly contributed to the failure of the Cancun Ministerial meeting of the WTO. This paper argues for a...
Persistent link: https://www.econbiz.de/10014071999
Agriculture is yet again causing contention in international trade negotiations. It caused long delays to the Uruguay round in the late 1980s and 1990s, and it is again proving to be the major stumbling block in the World Trade Organization's (WTO) Doha round of multilateral trade negotiations...
Persistent link: https://www.econbiz.de/10012563197
This paper provides new estimates of the global gains from multilateral trade reform and their distribution among developing countries in the presence of trade preferences. Particular attention is given to agriculture, as farmers constitute the poorest households in developing countries but are...
Persistent link: https://www.econbiz.de/10012748077