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Quantitative analysis using the UNCTAD/FAO ATPSM model suggests that the removal of export subsidies would raise world prices. The major beneficiaries would be EU taxpayers and developing country producers. Since consumers in developing countries probably face higher prices the welfare effects...
Persistent link: https://www.econbiz.de/10010734397
Trade between developing countries, or South-South trade, has been growing rapidly in recent years following significant reductions in tariff barriers. However, significant barriers remain, and there is currently reluctance in many developing countries to undertake further reductions, with a...
Persistent link: https://www.econbiz.de/10010668498
Following the crises of the late 1990s and the subsequent slowdown in the world economy, many countries in the developed and developing world are at the crossroads in their trade strategy, uncertain whether to advance with trade reforms, to stand still or increase protection. While the case for...
Persistent link: https://www.econbiz.de/10010734400
Tariffs for industrial products are a key element of the ongoing WTO negotiations. However, rather than clarifying the issues, the framework text agreed on 1 August 2004 leaves considerable uncertainty about the future direction of the talks. According to one view, the negotiations are back at...
Persistent link: https://www.econbiz.de/10010734406
Banana prices within the European Union are almost double world levels. These prices are maintained by restrictive import quotas and tariffs that generate rents that accrue to distributors and producers. The European Union is obliged to remove its quantitative restrictions and replace them with...
Persistent link: https://www.econbiz.de/10010734407