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Using SPS measures obtained from the SPS Information Management System of the WTO and controlling for zero trade flows, we find that SPS concerns reduce the probability of trade in agricultural and food products consistently. However, the amount of trade is positively affected by SPS measures...
Persistent link: https://www.econbiz.de/10009504588
commitments ; tariff volatility ; trade policy uncertainty ; World Trade Organization ; trade agreements …
Persistent link: https://www.econbiz.de/10009305703
In 2003, the WTO General Council decided to provide an additional legal pathway for WTO Members with insufficient or no manufacturing capacities in the pharmaceutical sector to access medicines. Two years later, in 2005, WTO Members unanimously agreed to give this mechanism, often referred to as...
Persistent link: https://www.econbiz.de/10011305598
This paper examines the rationale for the rules on domestic subsidies in international trade agreements through a framework that emphasizes commitment. We build a model where the policy-maker has a tariff and a production subsidy at its disposal, taxation can be distortionary and the...
Persistent link: https://www.econbiz.de/10009622339
In a rapidly changing trade environment, marked by economic slowdown and impasse in the Doha Round, the success of the WTO in promoting and legitimizing the rules-based multilateral trading system rests, to a large extent, on maintaining effective relations with civil society, including...
Persistent link: https://www.econbiz.de/10009622347
date. Indeed, sustainable development is recognized as an objective in the Marrakesh Agreement Establishing the World Trade …
Persistent link: https://www.econbiz.de/10010362167
This essay reviews the historical and ongoing role played by trade in sustained high growth and human development progress, and makes the case that the post-2015 development agenda should include considerations related to trade rules and supply-side capacity. Given the strong links between...
Persistent link: https://www.econbiz.de/10010380593
World Trade Report. At the same time, many WTO Agreements already contain provisions aimed at facilitating trade procedures … 2015 World Trade Report refers to "border agency cooperation" as the main TFA implementation challenge identified by …
Persistent link: https://www.econbiz.de/10011482193
Duplication, delays or discrimination in CAPs can significantly increase trade costs, and this risk is reflected in the growing importance of CAPs in WTO discussions and bilateral and regional free trade agreements. This paper conducts an empirical study of the trade issues that WTO Members...
Persistent link: https://www.econbiz.de/10011507636
After a decade of negotiations and additional preparatory work, the WTO Trade Facilitation Agreement (TFA) is poised to enter into force. It promises to streamline and substantially prune the red tape that all too often slows and impedes international commerce - thereby significantly reducing...
Persistent link: https://www.econbiz.de/10011539228