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simulations for 31 countries suggest that use of this safeguard in line with the proposed World Trade Organization rules would … raise the world poverty headcount by an average of 24 million. The adverse poverty impact of the duty is larger when the …
Persistent link: https://www.econbiz.de/10012972866
This survey concludes that including agriculture in the Doha Agenda negotiations was important both economically and politically, although the political resistance to reform is particularly strong in this sector. While agriculture accounts for less than 10 percent of merchandise trade, high and...
Persistent link: https://www.econbiz.de/10012974834
as a result affect world prices for the specific products concerned. Market failures and market structures (market power …
Persistent link: https://www.econbiz.de/10012975528
The Special Safeguard Mechanism was a key issue in the July 2008 failure to reach agreement in the World Trade … uses a stochastic simulation model of the world wheat market to investigate the effects of policy makers implementing … percent in some regions, with world wheat trade falling by 4.7 percent. The price measures discriminate against low price …
Persistent link: https://www.econbiz.de/10012976503
liberalization could move the world some way toward those desirable outcomes, but more so the more developing countries themselves …
Persistent link: https://www.econbiz.de/10012748077
This paper uses detailed data on bound and applied tariffs to assess the consequences of the World Trade Organization …
Persistent link: https://www.econbiz.de/10012975975
Many trade negotiations involve large cuts in high tariffs, with flexibilities allowing much smaller cuts for an agreed number of politically-sensitive products. The effects of these flexibilities on market access opportunities are difficult to predict, creating particular problems for...
Persistent link: https://www.econbiz.de/10012976696
This paper analyzes the effectiveness of the tax and transfer systems in the European Union and the US to act as an automatic stabilizer in the current economic crisis. We find that automatic stabilizers absorb 38 per cent of a proportional income shock in the EU, compared to 32 per cent in the...
Persistent link: https://www.econbiz.de/10003879344
This paper investigates to what extent the tax and transfer systems in Europe protect households at different income levels against losses in current income caused by economic downturns like the present financial crisis. We use a multi country micro simulation model to analyse how shocks on...
Persistent link: https://www.econbiz.de/10003959997
The current debt crisis has given rise to a debate about deeper fiscal integration in Europe. The view is widespread that moving towards a 'fiscal union' would have a stabilising effect in the event of macroeconomic shocks. In this paper we study the economic effects of introducing two elements...
Persistent link: https://www.econbiz.de/10009545267