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Developing countries requests for technical and financial assistance in the Doha Round negotiations prompted the WTO to collaborate with donors and development agencies. This led to the Aid for Trade Initiative. However, no attempt at increasing coherence between trade policy, aid policy, and...
Persistent link: https://www.econbiz.de/10013089999
Developing countries' requests for financial and technical assistance acquired a high profile during the Doha Round negotiations prompting the launch of the Aid for Trade Initiative. The Initiative succeeded in mobilising a large amount of financial resources. However, because the Doha Round...
Persistent link: https://www.econbiz.de/10013071572
The nature of international trade has changed dramatically. Today, intermediate goods account for nearly 60% of the world merchandise trade, with the import content of the average export amounting to 40%. Global value chains increase the importance of duty drawback — a common practice of...
Persistent link: https://www.econbiz.de/10012963305
Existing theories of trade agreements suggest that GATT/WTO efforts to reign in export subsidies represent an inefficient victory for exporting governments that comes at the expense of importing governments. Building from the Cournot delocation model first introduced by Venables (1985), we...
Persistent link: https://www.econbiz.de/10013155016
The bilateral WTO Agreement on Trade in Large Civil Aircraft (TLCA) of 1992 regulated the permitted levels of support for the European and American aviation industries. In October 2004, the U.S. unilaterally withdraw from the TLCA, right at the time of Boeing's then-impending loss of market...
Persistent link: https://www.econbiz.de/10012955725
The 2013 World Trade Organization ministerial in Bali produced a comprehensive framework agreement on trade facilitation. If fully implemented, the agreement should increase the speed and reduce the cost of moving goods across international borders. But which reforms are most likely to improve...
Persistent link: https://www.econbiz.de/10012937418
Persistent link: https://www.econbiz.de/10012818832
Indirect subsidization of domestic industries can occur where, for example, a financial contribution is provided to one entity but the associated benefit goes to another. This may materialize where (1) a financial contribution to an upstream producer results in a benefit to a downstream...
Persistent link: https://www.econbiz.de/10013007217