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Suppose that when addressing the question of ?what?s left for the WTO?,? tariff negotiators relied not on the agenda established in 2001 but instead on the terms-of-trade theory of trade agreements to identify negotiating priorities. This paper uses the lens of the terms-of-trade theory to...
Persistent link: https://www.econbiz.de/10012936698
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
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
percent). Since the impact of convergence on the supply side is much more muted, convergence puts upward pressure on world … food prices, partially offsetting a baseline trend toward falling world food prices to 2050 …
Persistent link: https://www.econbiz.de/10012942612
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
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
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
This paper views tariff-cutting formulas as a potential solution to the free-rider problem that arises when market opening is negotiated bilaterally and extended on a most-favored-nation basis. The negotiators in the Doha Agenda chose formulas that are ideal from an economic efficiency viewpoint...
Persistent link: https://www.econbiz.de/10012971613
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