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Trade policy commitments to lower import tariffs and to maintain tariffs at low levels entail short and long-run political-economic costs and benefits. Empirical work examining the relationship between such commitments and the exercise of trade policy flexibilities is still relatively nascent,...
Persistent link: https://www.econbiz.de/10012974687
economies over 1989-2010; by 2010, these WTO member countries collectively accounted for 21 percent of world merchandise imports … and 22 percent of world GDP. The paper examines determinants of carefully constructed, bilateral measures of new import …
Persistent link: https://www.econbiz.de/10012974694
represented 83 percent of the world's population and 91 percent of the world's GDP in 2013. It addresses the following five … setting trade policy? Finally, how liberalized is world trade? The analysis documents the extent of cross … concludes that substantial trade policy barriers remain as an important feature of the world economy …
Persistent link: https://www.econbiz.de/10012936297
apply the World Trade Organization's global safeguards policy instrument. The four examples include recent policies applied …
Persistent link: https://www.econbiz.de/10012973155
subject to the combined use of these TTBs before applying these measures to new data drawn from the World Bank's Temporary …
Persistent link: https://www.econbiz.de/10012976354
How high were import tariffs when GATT participants began negotiations to reduce them in 1947? Establishing this starting point is key to determining how successful the GATT has been in bringing down trade barriers. If the average tariff level was about 40 percent, as commonly reported, the...
Persistent link: https://www.econbiz.de/10012936212
The WTO has delivered policy outcomes that are very different from those likely to emerge out of the recent wave of preferential trade agreements (PTAs). Should economists see this as an efficient institutional hand-off, where the WTO has carried trade liberalization as far as it can manage, and...
Persistent link: https://www.econbiz.de/10012937212
countries fight about under World Trade Organization (WTO) dispute settlement. The paper characterizes the scope of products, as …
Persistent link: https://www.econbiz.de/10012972945
the World Bank in response to the global economic crisis of 2008-2009. Given trends in the imposition of new crisis …
Persistent link: https://www.econbiz.de/10012976545
Since the 1995 inception of the World Trade Organization (WTO), developing countries have become some of the most …
Persistent link: https://www.econbiz.de/10012747971