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Suppose that when addressing the question of ?what?s left for the WTO?,? tariff negotiators relied not on the agenda established in 2001 but instead on the terms-of-trade theory of trade agreements to identify negotiating priorities. This paper uses the lens of the terms-of-trade theory to...
Persistent link: https://www.econbiz.de/10012936698
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
represented 83 percent of the world's population and 91 percent of the world's GDP in 2013. It addresses the following five … setting trade policy? Finally, how liberalized is world trade? The analysis documents the extent of cross … concludes that substantial trade policy barriers remain as an important feature of the world economy …
Persistent link: https://www.econbiz.de/10012936297
Because of concern that OECD tariff reductions will translate into worsening export performance for the least developed countries, trade preferences have proven a stumbling block to developing country support for multilateral liberalization. The authors examine the actual scope for preference...
Persistent link: https://www.econbiz.de/10014061965
We determine how time delays affect international trade, using newly-collected World Bank data on the days it takes to …
Persistent link: https://www.econbiz.de/10014059016
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
the 411 products on the World Trade Organization list, taking into account tariff dispersion, the tariff structure on …
Persistent link: https://www.econbiz.de/10012972631
After 18 years of negotiations, Russia has joined the World Trade Organization. This paper assesses how the tariff … structure of the Russian Federation will change as a result of the phased implementation of its World Trade Organization … impact of these policy changes. It finds that World Trade Organization commitments will progressively and significantly lower …
Persistent link: https://www.econbiz.de/10012975071
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
From its inception, the Penn World Tables (PWT), building on the International Comparisons Program (ICP)of the United …
Persistent link: https://www.econbiz.de/10012747809