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Trade and investment in services are inhibited by a range of policy restrictions, but the best offers so far in the Doha negotiations are on average twice as restrictive as actual policy. They will generate no additional market opening. Regulatory concerns help explain the limited progress. This...
Persistent link: https://www.econbiz.de/10012976230
in Services (GATS) to commit to service sector policy reforms. They compare GATS commitments with the evolution of actual … policy stances over time. While there is substantial variance across transition economies on both actual policies and GATS … commitments, the authors find an inverse relationship between the depth of GATS commitments and the quality of actual services …
Persistent link: https://www.econbiz.de/10012748029
How high were import tariffs when GATT participants began negotiations to reduce them in 1947? Establishing this starting point is key to determining how successful the GATT has been in bringing down trade barriers. If the average tariff level was about 40 percent, as commonly reported, the...
Persistent link: https://www.econbiz.de/10012936212
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
This paper examines the implications of the terms-of-trade theory for the determinants of outcomes arising under the enforcement provisions of international agreements. Like original trade agreement negotiations, the paper models formal trade dispute negotiations as potentially addressing the...
Persistent link: https://www.econbiz.de/10012937322
The 2013 World Trade Organization ministerial in Bali produced a comprehensive framework agreement on trade facilitation. If fully implemented, the agreement should increase the speed and reduce the cost of moving goods across international borders. But which reforms are most likely to improve...
Persistent link: https://www.econbiz.de/10012937418
This paper assesses issues relating to tariffs and nontariff measures (NTMs) in relation to Russia's World Trade Organization (WTO) and Eurasian Customs Union (ECU) commitments. The analysis finds that full implementation of Russia's WTO tariff schedule through 2020, would raise goods imports by...
Persistent link: https://www.econbiz.de/10012968701
With the success of the World Trade Organization and its predecessor, the General Agreement on Tariffs and Trade, in reducing conventional tariff barriers, much of the recent focus of regional and multilateral trade agreements has switched to non-tariff measures, both border and...
Persistent link: https://www.econbiz.de/10012969264
This paper provides a detailed explanation how the law of the World Trade Organization regulates environmental subsidies with a focus on renewable energy subsidies. The paper begins by discussing the economic justifications for such subsidies and the criticisms of them and then gives examples of...
Persistent link: https://www.econbiz.de/10012972628
The volume-based Special Safeguard Mechanism was proposed as essential for small, poor farmers and became the proximate cause of the collapse of the Doha Agenda negotiations in 2008. But is it helpful for these farmers, given that it is likely to be applied when farm output is depressed and many...
Persistent link: https://www.econbiz.de/10012972866