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Perhaps the major accomplishment of the Uruguay Round is agreements reached on nontariff barriers (NTBs). All NTBs imposed under the Multifiber Arrangement (MFA) will be phased out over 10 years, and all"voluntary"export restraints will be abolished. OECD countries'NTBs on agricultural goods...
Persistent link: https://www.econbiz.de/10005080093
OECD barriers did not play a significant role in sub-Saharan Africa's declining position in world trade over the last three decades. The detrimental effects of the African countries'own policies, such as those that influence international transport costs, were considerably more important....
Persistent link: https://www.econbiz.de/10005116682
The authors explore the argument that trade between the Mercosur countries should be stimulated by preferential policies because of their geographic proximity. That is, that the Mercosur countries are candidates for natural integration. They find that, on average, transportation margins on trade...
Persistent link: https://www.econbiz.de/10004989815
From the mid-1950s to 1990, sub-Saharan Africa's share of global exports fell from 3.1 to under 1.2 percent, a decline that implies associated export earning losses of about $65 billion annually. Previous studies show that foreign trade barriers do not account for this poor performance. Indeed,...
Persistent link: https://www.econbiz.de/10005116051
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Over the past three decades, free trade agreements were mostly a European phenomenon European Free Trade Agreement [EFTA], European Economic Community [EEC], and their regional arrangements). Recently, this phenomenon has reached the Americas and is growing. The authors show that free trade...
Persistent link: https://www.econbiz.de/10005128485
While major concerns have been expressed about the spread of non-tariff barriers (NTBs) in developing countries, the lack of empirical information on the dimensions of the increase has affected the related policy debates. Using inventories of NTBs in developed countries compiled for 1966 and...
Persistent link: https://www.econbiz.de/10005128882
Many developing countries are being encouraged to shift toward increased processing and exports of domestically produced natural resource based products now exported in primary form. But in many major markets, the structure of tariffs and nontariff barriers militate against such efforts. Zero or...
Persistent link: https://www.econbiz.de/10005133530
One issue dominating recent discussions on free trade areas and other minilateral associations (preferential trade arrangements) is whether such arrangements will detract from further multilateral trade liberalization on a most-favored-nation basis. But for much of this debate empirical...
Persistent link: https://www.econbiz.de/10005133697