This Staff Working Document is the tenth in a series of annual progress reports drafted since 2003 (previ-ously labelled ‘Monterrey report’). Building on previous reports, it assesses where the EU and its Member States stand in relation to their common commitments on financing for...

This paper provides new evidence on the impacts of trade reforms on wages. We first introduce a model of trade that combines a non-competitive wage setting mechanism due to unions with a factor abundance hypothesis. The predictions of the model are then econometrically investigated using...

The study takes off from an earlier inquiry on the effects of HCV (home consumption value) valuation. This study is intended to assist policymakers as well as the private sector in their task of deciding whether to implement or postpone the adoption of the GATT Valuation Code (GVC) by January 1,...

The Philippines undergoes a tariff reform program. After more than a decade of implementation, significant achievements have been attained in terms of changes in the tariff structure. For example, quantitative restrictions on important commodities have been tariffied. The tariff structure has...

There are three major developments in the area of foreign trade in 1990s: (a) the WTO-Uruguay Round agreement in 1995; (b) the AFTA agreement; and (c) the series of unilateral trade reform programs of the government. The paper attempts to make an impact assessment of these reforms during the period...

This paper uses a CGE mircosimulation approach to analyze the effects of tariff reduction on poverty and income inequality. The approach relaxes the representative household assumption in the traditional CGE modeling by replacing household groups with individual households. As such the approach...