The Doha Round has laboured from the beginning. Trade agreements have commercial objectives but the Doha Round was launched as an international political response to 9/11; the technical groundwork had not been laid and the movement on the built-in agenda had been negligible. Coming out of Hong...

This study presents estimates of the impact of GSP graduation and the effects of product exclusion on Hong Kong exports. Two methods are used: the mean changes calculation and the OLS regression method. Empirical results show only weak evidence of an adverse impact from GSP graduation, though...

This is the story of a paradox that both limited and stimulated Hong Kong's post-war economy. The book examines how Hong Kong handled, by negotiation, attempts by developed economies to limit international trade through protective measures

In this paper, we estimate the benefits to countries that purchase goods from China of having access to intermediary services provided by Hong Kong. Traders in Hong Kong supply information on markets and producers in China, which provides welfare gains to foreign firms using these services....

China's trade has three features: high incidence of re-exports through Hong Kong, high degree of trade related to foreign investment, and large amount of `illegal' trade. Re-exports occur when imports to Hong Kong are consigned to a buyer in Hong Kong, who adds a markup, and exports the goods...

In this paper, we examine Hong Kong's role in intermediating trade between China and the rest of the world. Hong Kong distributes a large fraction of China's exports. Net of customs, insurance, and freight charges, re-exports of Chinese goods are much more expensive when they leave Hong Kong...