Showing 1 - 10 of 624
The WTO has delivered policy outcomes that are very different from those likely to emerge out of the recent wave of preferential trade agreements (PTAs). Should economists see this as an efficient institutional hand-off, where the WTO has carried trade liberalization as far as it can manage, and...
Persistent link: https://www.econbiz.de/10012937212
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
. 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
This paper reviews the theoretical and empirical literature on regionalism. The formation of regional trade agreements has been, by far, the most popular form of reciprocal trade liberalization in the past 15 years. The discriminatory character of these agreements has raised three main concerns:...
Persistent link: https://www.econbiz.de/10012976529
This paper examines the concept of trade facilitation in services from the perspective of the recent literature on the determinants of services trade. The aim is to conceptualize trade facilitation in this area as a dimension of international integration beyond the baseline restrictiveness of...
Persistent link: https://www.econbiz.de/10012834704
This paper shows that the institutional environment and the ability to export on time are sources of comparative advantage as important as factors of production. In particular, the ability to export on time is crucial to explain comparative advantage in intermediate goods. These findings...
Persistent link: https://www.econbiz.de/10012976281
The 2013 World Trade Organization ministerial in Bali produced a comprehensive framework agreement on trade … best practice in all policies by all World Trade Organization members would reduce the predicted time spent in customs by … points on exports. The same estimates are used to calculate welfare gains of policy reform by World Trade Organization …
Persistent link: https://www.econbiz.de/10012937418
There is substantial evidence that with the progressive global decline in tariffs over several decades, trade costs are a more significant barrier to trade than tariffs, especially in Sub-Saharan Africa. This paper decomposes trade costs into three categories: costs that can be lowered by trade...
Persistent link: https://www.econbiz.de/10012972682
capacity building outside its borders. If South Asia and the rest of the world were to raise their levels of trade facilitation … percent of the total would be generated from South Asia's own efforts (leaving the rest of the world unchanged). In summary …
Persistent link: https://www.econbiz.de/10012747523
The Middle East and North Africa (MENA) region's trade performance over the past two decades has been disappointing. Efforts to boost trade through a plethora of regional trade agreements (RTAs) are underway. This study examines the potential contribution of regional trade agreements, as well as...
Persistent link: https://www.econbiz.de/10012748089