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"This paper examines the effect of regionalism on unilateral trade liberalization using industry-level data on applied most-favored nation tariffs and bilateral preferences for ten Latin American countries from 1990 to 2001. The findings show that preferential tariff reduction in a given sector...
Persistent link: https://www.econbiz.de/10010521008
Small states should pursue unilateral and multilateral trade liberalization, and members of the African, Caribbean, and Pacifice (ACP) group should expand reciprocal agreements with the European Union (Cotonou Agreement) to the entire OECD. They should intensify South-South regional cooperation...
Persistent link: https://www.econbiz.de/10010523743
"The binding of tariff rates and adoption of the General Agreement on Tariffs and Trade/World Trade Organization-sanctioned safeguards and antidumping mechanisms provided the basis to remove a multitude of instruments of protection in the Latin American countries discussed in this paper. At the...
Persistent link: https://www.econbiz.de/10010521079
Data provide only mixed support for the idea that trade liberalization has an impact on own-wage labor demand elasticities. If globalization is making the lives of workers more insecure, it is probably working through some other mechanism
Persistent link: https://www.econbiz.de/10010524236
Persistent link: https://www.econbiz.de/10010525795
"Rules of origin are legitimate policy instruments to prevent trade deflection in a preferential trade agreement short of a customs union. Trade deflection takes place when a product imported into the preferential trade agreement through the member with the lowest external tariff is transhipped...
Persistent link: https://www.econbiz.de/10011394142
"This is an empirical paper seeking to identify the mode of Turkey's integration into global markets in general, and pan-European markets in particular, as revealed in its trade performance. The analysis provides empirical support to the following observations. First, thanks to steady expansion...
Persistent link: https://www.econbiz.de/10010522153
"The Middle East and North Africa (MENA) region's trade performance over the past two decades has been disappointing. Efforts to boost trade through a plethora of regional trade agreements (RTAs) are underway. This study examines the potential contribution of regional trade agreements, as well...
Persistent link: https://www.econbiz.de/10010522223
"In 1995 the seven South Asian countries--Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan, and Sri Lanka--initiated a multilateral framework for regionwide integration under the South Asian Preferential Trade Agreement (SAPTA). In a recent initiative, members agreed that SAPTA would...
Persistent link: https://www.econbiz.de/10010522702
"Regional agreements on standards have been largely ignored by economists and unconditionally blessed by multilateral trade rules. Chen and Mattoo find, theoretically and empirically, that such agreements increase trade between participating countries but not necessarily with the rest of the...
Persistent link: https://www.econbiz.de/10010522877