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With the success of the World Trade Organization and its predecessor, the General Agreement on Tariffs and Trade, in … literature on non-tariff measures in the world trading system. It provides a set of stylized facts based on available data on non … measures in the trade literature with a focus on the rules and institutions that govern non-tariff measures in the world …
Persistent link: https://www.econbiz.de/10012969264
The World Trade Organization has been until recently an effective framework for cooperation because it has continually … mechanism that has driven the World Trade Organization process to previous successes. The second is new restraints on …
Persistent link: https://www.econbiz.de/10012975577
This paper analyzes the impact of Covid-19 and uncooperative trade policies on world food markets. It quantifies the … percent on average. Escalating export restrictions would multiply the initial shock by a factor of 3, with world food prices …
Persistent link: https://www.econbiz.de/10012833536
This paper quantifies the wide-ranging costs of potential increases in worldwide barriers to trade in two scenarios. First, a coordinated global withdrawal of tariff commitments from all existing bilateral/regional trade agreements, as well as from unilateral preferential schemes coupled with an...
Persistent link: https://www.econbiz.de/10012941321
results support the conclusion from earlier studies that there is a need for stronger World Trade Organization disciplines on …
Persistent link: https://www.econbiz.de/10012972865
apply the World Trade Organization's global safeguards policy instrument. The four examples include recent policies applied …
Persistent link: https://www.econbiz.de/10012973155
Trade policy commitments to lower import tariffs and to maintain tariffs at low levels entail short and long-run political-economic costs and benefits. Empirical work examining the relationship between such commitments and the exercise of trade policy flexibilities is still relatively nascent,...
Persistent link: https://www.econbiz.de/10012974687
more severe than, the Great Depression of 1930, but did not give rise to the rampant protectionism that followed the Great …. World Trade Organization disciplines raise the cost of using trade policies for member countries and have proved to be a …
Persistent link: https://www.econbiz.de/10012975670
elasticity. Results show that there is no widespread increase in protectionism via tariff policies since the global financial … as US$43 billion during the crisis period, it explains less than 2 percent of the collapse in world trade …
Persistent link: https://www.econbiz.de/10012976587
Increased international production fragmentation implies that firms at home rely on imported intermediates for production. In this context, tariff policy design needs to consider the impact downstream of changes in tariffs upstream. Policy makers embarking on tariff reforms need to answer...
Persistent link: https://www.econbiz.de/10012841048