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This paper takes a careful look at a recent International Monetary Fund (IMF) Working Paper that claims to find significant gains for liberalization of trade through the World Trade Organization. It is not clear that the reported gains are at all large. The IMF paper shows that multilateral...
Persistent link: https://www.econbiz.de/10011265861
impact follows from erosion of EU preferences. This suggests the erosion problem is primarily bilateral rather than a WTO …
Persistent link: https://www.econbiz.de/10005067496
This paper explores the role that quality of infrastructure has on a country's trade performance, estimating a gravity model that incorporates bilateral tariffs and a number of indicators for the quality of infrastructure. The paper looks at the impact of the quality of infrastructure (road,...
Persistent link: https://www.econbiz.de/10011115014
We carry out an indirect inference test of two versions of a computable general equilibrium (CGE) model of world trade. One of these, the 'classical' model,is well-known as the Heckscher-Ohlin-Samuelson model of world trade, in which countries trade homogeneous products in world markets and...
Persistent link: https://www.econbiz.de/10012876029
We carry out an indirect inference test of two versions of a computable general equilibrium (CGE) model of world trade. One of these, the ‘classical’ model,is well-known as the Heckscher-Ohlin-Samuelson model of world trade, in which countries trade homogeneous products in world markets and...
Persistent link: https://www.econbiz.de/10012602338
This paper reviews the developments in WTO negotiation on agriculture in the light of the Hong Kong Ministerial … paper has suggested some negotiating strategies for Bangladesh to be pursued in the on-going WTO negotiations on agriculture. …
Persistent link: https://www.econbiz.de/10009365168
The Doha Round of the World Trade Organization (WTO) negotiations has been ongoing for 10 years, and given political … arguably requires greater recognition of the value of trade policy disciplines that will be part of any agreement. The WTO is … leveraging existing WTO bodies to enhance the transparency of nontariff measures, address regulatory concerns that impede …
Persistent link: https://www.econbiz.de/10009393231
Following the onset of the financial crisis in September 2008 and the subsequent “Great Trade Collapse” (Baldwin 2009), many countries actively used trade policy instruments as part of their response to the global recession. Governments pursued a mix of trade liberalization, trade promotion,...
Persistent link: https://www.econbiz.de/10009393234
This note provides an initial estimation of some of the economic effects of creating the Eurasian Economic Community (EurAsEC) customs union. Relying on the computable general equilibrium model from the Global Trade Analysis Project (GTAP), results of the simulations consistently support the...
Persistent link: https://www.econbiz.de/10008828361
manipulate both international and domestic prices of resources, yet this policy is largely outside the disciplines of the WTO …
Persistent link: https://www.econbiz.de/10010540254