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One of the goals of the multilateral trading system is to enhance the stability and predictability of the environment in which traders operate.Binding tariffs at the WTO reduces the scope for their discretionary use. But, countries have bound tariffs at ceiling levels often substantially above...
Persistent link: https://www.econbiz.de/10009305703
To date, government procurement has been effectively carved out of the main multilateral rules of the WTO system. This paper examines the systemic and other ramifications of this exclusion, from both an economic and a legal point of view. In addition to relevant elements of the WTO Agreements,...
Persistent link: https://www.econbiz.de/10010430680
A decade has passed since the onset of the global financial crisis in 2008. Less than a month after the collapse of the investment bank Lehman Brothers, an internal Secretariat Task Force was established by the WTO Director-General to monitor the trade related developments associated with the...
Persistent link: https://www.econbiz.de/10011852924
A little over a decade has passed since the onset of the global financial crisis in 2008. Shortly after the collapse of the Lehman Brothers investment bank, an internal Secretariat Task Force was established by the WTO Director-General to monitor the trade-related developments associated with...
Persistent link: https://www.econbiz.de/10012175231
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
The WTO Agreement on Agriculture applies to those "agricultural products" as defined in its Annex 1. This definition expressly excludes "fish and fish products" from the scope of application of the Agreement. In light of this exclusion, the paper is intended to provide a historical account of...
Persistent link: https://www.econbiz.de/10012512629
What is the value of the WTO Committee on Agriculture? How much trade do countries talk about at the WTO? Do low-income countries participate less than they should in the work of the Committee? How important are issues not covered by notifications? What are the most important issues on which to...
Persistent link: https://www.econbiz.de/10012387739
Agriculture is highly important to the sustainable performance of economies in Sub-Saharan Africa (SSA), and a sound sanitary and phytosanitary (SPS) system plays a key role in this respect. SPS measures are one of the many trade topics covered by TPR reports on WTO Members. Therefore, we found...
Persistent link: https://www.econbiz.de/10012201145