Results from a two-step simulation that uses a computable general equilibrium model and detailed consumption and income household data suggests that trade liberalization benefits people in the poorest deciles more than those in the richer ones

The World Trade Organization (WTO) has a role to play in strengthening the global trading system for development, primarily by lowering barriers to trade in goods and services and ensuring that trade rules are useful to Developing countries. But greater international cooperation must complement...

The General Agreement on Trade in Services (GATS) has created a more secure environment for trade in services, but it has not created the negotiating momentum to reduce protection or the rules to ensure that protection takes a considerable form. In dealing with the trade-impeding impact of...