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Protection unconstrained by rules often varies substantially over time. Rules-based disciplines likeOECD industrial tariff bindings negotiated under GATT since 1947 and new Uruguay Roundbindings on agricultural and services trade and on developing country industrial tariffs, constrain...
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We develop a generalized approach to the treatment of household inequality aspects of social welfare in general equilibrium models of trade. We follow a dual approach, highlighting how general equilibrium distributional aspects of social welfare related to import protection may be examined...
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We examine the political economy underpinnings of import protection in general equilibrium. Starting from a dual theoretical representation of production, trade, and consumption, we map a general representation of the real economy to underlying political processes aka the political support...
Persistent link: https://www.econbiz.de/10009239051
Protection unconstrained by rules often varies substantially over time. Rules-based disciplines likeOECD industrial tariff bindings negotiated under GATT since 1947 and new Uruguay Roundbindings on agricultural and services trade and on developing country industrial tariffs, constrain...
Persistent link: https://www.econbiz.de/10011284077
Like all crises in the past, the economic downturn of 2008 - 2009 caused some frictions in the international trading system. Import tariffs, the traditional instrument for protecting domestic industries, however, have not played the primary role in this, particularly not in industrialised...
Persistent link: https://www.econbiz.de/10011379289