Until the beginning of this century, the GATT/WTO system worked. Economic research provided a compelling explanation …. It showed that if governments maximize the well-being of their own countries broadly defined, GATT/WTO principles would … undermined the WTO. A simple transposition of the previous rationalization suggests that geopolitics and trade cooperation are …

terms by 2007. We evaluate how much benefit China can realistically receive from WTO membership given current problems with … dumping actions against China and trade restrictions against textile and apparel exports. We discuss emerging WTO and non-WTO …We discuss China's stance in the WTO post-accession, noting the many issues with implementation of China's accession …

This paper characterizes the dynamic empirical properties of country export capabilities in order to inform modelling … has noted a tendency for countries to concentrate exports in a few sectors. We show that this concentration arises from a … heavy-tailed distribution of industry export capabilities that is approximately log normal and whose shape is stable across …

GATT and its successor, the WTO. We show that GATT's principle of reciprocity serves to neutralize the world-price effects … provided that the externa- lities associated with trade intervention travel through world prices. We then establish that …

. Intuitively, unilateral liberalization by one country has the effect of increasing the incentives for the export lobby in the …

I examine the hypothesis that membership in the World Trade Organization (WTO) and its predecessor the General … use a comparable multilateral data set. There is little evidence that membership in the GATT/WTO has a significant … covering annual bilateral trade flows between over 175 countries between 1950 and 1999, and estimate the effect of GATT/WTO …

regulatory race to the bottom. WTO rules and disputes, however, center on complaints about excessively stringent regulations … WTO legal framework in light of our results, arguing that it does a reasonably thorough job of policing regulatory …

. However, they are likely to have a more prominent role in trade policy discussions in the years ahead for the new World Trade … more prominent, whether the WTO is an appropriate forum to discuss them, and how they affect developing and other economies …