Trade liberalization is only one facet of the opening up of developing countries to the global economy. After a couple of decades of financial deregulation, liberalization of private capital movement and accumulation of debt at the international level, developing countries are raising issues of,...

In recent years, quantitative analysis of the effects of policies on economic outcomes has grown sharply. These exercises in quantification have been made possible by advances in theory and analytical techniques, and no less importantly, by the dramatically increased computational and data...

Contributing to achieving more coherent global economic policy-making is one of the five core functions of the WTO, as defined by Article III.5 of the WTO Agreement. Its ability to do so depends on it carrying out its other functions successfully - providing a forum for liberalization, ensuring...

It contains a summary of disputes concerning income tax measures that have arisen at the WTO since its establishment, with special attention to the protracted dispute between the EC and the US over the latter's FSC/ETI schemes.

This study seeks to clarify what vertical specialization/fragmented production/production sharing is, how widespread it is, how it is organized, its driving forces, and what the policy implications are. It presents six country case studies ( USA, Japan, Germany, Brazil, China and South Africa )...

An analysis of the implications of recent financial crises affecting emerging economies in the 1990's points to the failure by private markets and other relevant institutions to meet the demand for cross-border and domestic short-term trade-finance in such periods, thereby affecting, in some...