This paper surveys the major options that have been proposed concerning a possible agreement on trade-related anti-trust principles and evaluates both their desirability and feasibility. Three criteria are used to evaluate the options: (i) the extent to which they enhance the contestability of...

Actual and potential competition is a powerful source of discipline on the pricing behavior of firms with market power. A simple model is developed that shows that the effects of import competition and domestic entry regulation on industry price-cost markups depend on country size. Barriers to...

A new round of WTO negotiations on agriculture, services and perhaps some other issues is expected to be launched in late 1999. To what extent should those negotiations include so-called "new trade agenda" items aimed at ensuring that domestic regulatory policies do not discriminate against...

It often appears self-evident that regional integration arrangements (RIAs) result in more far-reaching liberalization of intra-bloc trade than is possible if countries restrict themselves to a multilateral approach. This paper considers whether such arrangements do in fact imply, or facilitate,...

This paper surveys the literature on trade in services, focusing on the policies that are used to restrict such trade, the gains from liberalization, and the institutional mechanisms that have been adopted in the pursuit of liberalization. It argues that technological progress and international...

It is commonly observed that international trade negotiations repeatedly fail to achieve outcomes that would appear to satisfy the criteria of efficiency and mutual advantage. It can be argued that this is due principally to the influence of interest groups. This paper develops an analytical...

This paper assesses existing multilateral rules on government procurement from a developing country perspective. It summarizes the economics of discriminatory procurement and investigates to what extent data on procurement reported by members of the WTO Government Procurement Agreement (GPA)...

At the same time as regional agreements to liberalize trade in services were being pursued by OECD countries, services were also introduced onto the agenda of a multilateral trade negotiation - the Uruguay Round. This paper focuses on the relationship between regional agreements and the draft...

Since the early 1990s, numerous countries have adopted or strengthened competition legislation. In this Paper we investigate the impact of competition law on industry markups over time and across a large number of countries. We find both domestic and foreign competition to be major sources of...

This paper explores options for governments of Central and East European countries to increase the sensitivity of competition law enforcement to trade and investment policy, thereby supporting a liberal trade policy stance. The competition laws of these countries tend to resemble European Union...