Showing 1 - 9 of 9
The claim by global trade modelers that the potential contribution to global economic welfare of removing agricultural subsidies is less than one-tenth of that from removing agricultural tariffs puzzles many observers. To help explain that result, the authors first compare the OECD and...
Persistent link: https://www.econbiz.de/10012750457
This paper views tariff-cutting formulas as a potential solution to the free-rider problem that arises when market opening is negotiated bilaterally and extended on a most-favored-nation basis. The negotiators in the Doha Agenda chose formulas that are ideal from an economic efficiency viewpoint...
Persistent link: https://www.econbiz.de/10012971613
as a result affect world prices for the specific products concerned. Market failures and market structures (market power …
Persistent link: https://www.econbiz.de/10012975528
, despite well-known deficiencies. This paper develops and applies optimal aggregators for the real-world case of multiple …
Persistent link: https://www.econbiz.de/10012975999
For individual countries, variable trade barriers can be used to reduce the volatility of domestic relative to world … prices. If this is done by countries accounting for a large share of the market, its effect is offset by increases in world … classifying themselves at the World Trade Organization as developing account for only 3 percent of world rice consumption. But it …
Persistent link: https://www.econbiz.de/10012976030
the remaining distortions to world merchandise trade on poverty and inequality globally and in various developing …
Persistent link: https://www.econbiz.de/10012976094
The financial crisis arose in the industrial countries, but has affected developing countries through higher interest rates, sharp changes in commodity prices, and reductions in investment, trade, migration and remittances. For most low-income countries, shocks that affect food prices or wage...
Persistent link: https://www.econbiz.de/10012976362
The Special Safeguard Mechanism was a key issue in the July 2008 failure to reach agreement in the World Trade … uses a stochastic simulation model of the world wheat market to investigate the effects of policy makers implementing … percent in some regions, with world wheat trade falling by 4.7 percent. The price measures discriminate against low price …
Persistent link: https://www.econbiz.de/10012976503
percent). Since the impact of convergence on the supply side is much more muted, convergence puts upward pressure on world … food prices, partially offsetting a baseline trend toward falling world food prices to 2050 …
Persistent link: https://www.econbiz.de/10012942612