Tough times are expected in the year(s) to come, but focusing entirely on public and private budget cuts is not a politically sustainable policy. On top of its direct impoverishing impact, austerity has an indirect impact, which is very corrosive in the long run for consumers. It induces...

Under the 1994 Uruguay Round Agreement, only nineteen WTO members have made commitments in audiovisual services in their GATS schedule (see table 7). As illustrated in table 7, these commitments are generally of limited scope and magnitude.1 Among the large audiovisual producers, only the United...

Under the 1994 Uruguay Round Agreement, only 19 WTO Members have made commitments in audiovisual services in their GATS schedule. As illustrated by Table 1, these commitments are generally of limited scope and magnitude [WTO, 1998]. Among the large audiovisual producers, only the United States...

The authors compare the European Community's "trade fundamentals" prevailing in the 1960s with those applying in Arab countries today. The fundamentals differ significantly-Arab countries trade much less with each other than EC members did, and the importance of such trade in GDP varies greatly....

This paper has analyzed implications of the U.K, French and German voluntary export restraints (VERs) negotiated with Japanese carmakers. The paper shows how VERs do not protect domestic industries and probably end up costing consumers more. First, most EC countries followed suit after the...

The Aid for Trade (AfT) initiative has been hailed as highly successful in raising the profile of trade as a tool for development. Developing countries have increasingly mainstreamed trade in their development strategies, while donors have responded by mobilising additional resources for...

Slower growth in the 1980s - of world trade as well as of developing countries' trade - is due mostly to slower income growth, and prospects are that the OECD countries' growth of gross domestic product will slow significantly from the rates recorded before 1980. Thus, at a time when the...

The Uruguay Round Negotiating Groups on countervailing and antidumping procedures share many common issues. This is not accidental, claims this paper, but mirrors the way import-competing firms have become the driving force of antidumping and countervailing procedures set up under the Tokyo...