European economic integration fascinates and inspires for the way it brought peace to a continent torn by violent and long-standing rivalries. The lessons from Europe, however, cannot be applied directly as the degree of the European Union’s supranationality is unthinkable elsewhere. This...

this chapter examines rules of origin which is seen as an increasing significant impediment to trade.

Analyzing the experience of Mexico under the North American Free Trade Agreement (NAFTA), 'Lessons from NAFTA' aims to provide guidance to Latin American and Caribbean countries considering free trade agreements with the United States. The authors conclude that the treaty raised external trade...

This book assesses the impact and design of optimal strategies to implement existing agreements. It deals with issues such as removing the remaining barriers to trade, improving the institutional, regional, and global trade architecture, and promoting convergence and accumulation among the...

The paper calls the attention of policymakers to address critical constraints affecting the effective utilization of free trade agreements, growth, trade facilitation and customs administration, services liberalization, and investment incentives. [PIDS DISCUSSION PAPER SERIES NO. 2013-51].

The ASEAN+6 countries are currently engaged in negotiation for a Regional Comprehensive Economic Partnership (RCEP). If successfully negotiated, RCEP will result into the world`s biggest trading bloc, 40 percent of world trade, that offers significant benefits to participating countries. The...

With a quasi-identical preferential margin of 10%, the EU and the US offer apparently similar preferential market access for apparel exports to a group of African countries. Yet, effective market access under the two schemes has been very different due to implementation design because these...

Asia-Pacific countries are currently negotiating two mega-regional free trade agreements (FTAs), namely Trans-Pacific Partnership (TPP) and Regional Comprehensive Economic Partnership (RCEP). The objectives of this paper are twofold. First, by using a dynamic applied general equilibrium model...

While exports of clothing from Africa to the United States responded impressively to the preferences they were granted under the African Growth and Opportunity Act (AGOA), this performance was not accompanied by some of the more dynamic benefi ts that might have been hoped for. Benefi ciary...

This Selected Issues paper for Algeria analyzes the potential economic impact of Algeria’s Association Agreement with the European Union (AAEU). The paper lays out the major elements of Algeria’s AAEU and makes a comparison with other AAEUs. It discusses the potential economic...