Since the U.S.embargo on trade with Vietnam was lifted in 1994, exports from Vietnam to the United States have risen dramatically. However, Vietnam remains one of the few countries to which the United States has not yet granted most favored nation (MFN) status. The general tariff rates that the...

Vietnam's accession into the ASEAN Free Trade Area (AFTA) has been an important step in its integration into the world economy. The authors use a multi-region, multi-sector computable general equilibrium model to evaluate how different trade liberalization policies of Vietnam and its main...

Before reform, China's trade was dominated by a few foreign trade corporations with monopolies on the trade of specific ranges of products. Planners could control imports through these corporations so there was little need for conventional instruments such as tariffs, quotas, and licenses. Trade...

The performance of the East Asian transition economies in export and income growth has been strikingly better than that of countries in Eastern Europe and the former Soviet Union. The East Asian economies have achieved remarkably high growth rates in outputs and exports without the often large...

Despite the achievements of the export-oriented economies of East Asia, many policymakers doubt that a development path led by manufactured exports is feasible for all developing countries. The author examines what happens if all developing countries, rather than merely a few, expand...

Many policy makers are concerned about dependence on resource exports. This paper examines four changes that reduce this dependence: (i) accumulation of capital and skills; (ii) changes in protection policy, particularly reductions in the burden of protection on exporters; (iii) differential...

Emphasizing the importance of evaluating the Uruguay Round in the context of a changing world economy, the authors base their projections on a model that incorporates certain economic shifts: 1) that the center of economic gravity will shift toward the South and toward Asia (a shift that is...

The authors examine the implications for the developing countries of a range of liberalization proposals along the lines of the Dunkel proposal. First, the analysis considers liberalization in the Organization for Economic Cooperation and Development (OECD) countries, alone then global...

Anderson and Martin examine the extent to which various regions, and the world as a whole, could gain from multilateral trade reform over the next decade. They use the World Bank's linkage model of the global economy to examine the impact first of current trade barriers and agricultural...

The authors provide a simple introduction to the economics of the Multifibre Arrangement (MFA) and use available empirical evidence to examine its impact on exports of garments and textiles, focusing on India. Their review of the basic economics of the MFA shows the discriminatory character of...