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This paper reviews the history of bilateral trade negotiations between Taiwan and the U.S. The question posed at the outset is: does bilateralism enhance or jeopardize multilateralism? The U.S.-Taiwan experience seems to suggest a grossly negative answer. Bilateral negotiations for market...
Persistent link: https://www.econbiz.de/10012473546
. Intuitively, unilateral liberalization by one country has the effect of increasing the incentives for the export lobby in the …
Persistent link: https://www.econbiz.de/10012469067
in all world markets and to help secure 20 percent of the Japanese semiconductor market for foreign firms within five … 'affirmative action' for the industry in its efforts to sell more in Japan, but has been criticized as constituting 'export …
Persistent link: https://www.econbiz.de/10012474180
Organization (WTO) and its predecessor the General Agreement on Tariffs and Trade (GATT) is associated with more liberal trade … policy. Almost no measures of trade policy are significantly correlated with GATT/WTO membership. Trade liberalizations, when … they occur, usually lag GATT entry by many years, and the GATT/WTO often admits countries that are closed and remain closed …
Persistent link: https://www.econbiz.de/10012469358
turn reduces trade flows and real income for consumers. We apply the model to analyze China's export boom around its WTO … theory-consistent measure of TPU and estimate that it can explain between 22-30% of Chinese exports to the US after WTO …We assess the impact of U.S. trade policy uncertainty (TPU) toward China in a tractable general equilibrium framework …
Persistent link: https://www.econbiz.de/10012459285
has transformed the country from a negligible player in world trade to the world's second largest exporter, as well as a … of Chinese trade, its macroeconomic implications, trade disputes with other WTO member countries, and the role of foreign …
Persistent link: https://www.econbiz.de/10012463931
This paper discusses the likely evolution of the trade and environment issue in the World Trade Organization after the … upcoming ministerial meeting in Singapore this December. It makes a number of points. Progress within the GATT/WTO on this … paper also argues that despite (and beyond) Singapore, one has to go further than the GATT/WTO to see the potential …
Persistent link: https://www.econbiz.de/10012473066
This chapter (to appear in the forthcoming Handbook of International Economics, Vol. 5) develops a framework with which to interpret and survey answers to the question: how does increased openness affect aggregate welfare in a typical developing country? We decompose answers into four...
Persistent link: https://www.econbiz.de/10012629534
export-sector workers and more attractive to import-sector workers, eventually making workers unanimous either in favor of or …
Persistent link: https://www.econbiz.de/10012465184
This paper shows how unilateral liberalization in one country can increase the voting support for reciprocal reduction in trade barriers in a partner country. When trade policies are determined simultaneously in the two countries, we show the possibility of multiple political equilibria -...
Persistent link: https://www.econbiz.de/10012467863