This paper considers the challenges and opportunities facing the Central American countries and explores the choices open to them for fuller integration into the world economy. The paper presents a brief historical account of the origins and evolution of the Central American Common Market...

This paper reviews trends and patterns in developing countries'trade from 1980 to 2010. During the 30-year span, world trade expanded rapidly, especially in developing countries in the last decade. A similar picture emerges in trade in services. These overall trends, however, mask different...

A web of trade and payments arrangements binds countries of Eastern and Central Europe under the Council of Mutual Economic Assistance (CMEA) agreements. However, it is incompatible with these countries recent commitments to move toward liberalized trade and currency convertibility. The...

Payments problems constrained interstate trade among the Commonwealth of Independent States (CIS) countries in 1992-95, especially during the prolonged demise of the ruble zone. Two kinds of solutions should be sought: 1) more effective stabilization measures to improve the prospects of currency...

The authors discuss options that could be considered in the World Trade Organization (WTO) to provide more favorable treatment-so-called special and differential treatment (SDT)-to small and low-income countries. They argue that there is a need both for differentiation across WTO members and for...

In the aftermath of the breakup of the Soviet Union, trade among the new independent states collapsed. To help reestablish interstate trade, the 12 members of the Commonwealth of independent States (CIS) established a Free Trade Area. More recently, four members of the CIS -Belarus, Kazakstan,...

The author analyzes how changes in thinking about the role trade plays in economic development have been reflected in provisions affecting developing countries in the GATT and the WTO. He focuses on the provisions calling for the special and differential treatment of developing countries. The...

In the 1960s and 1970s developing countries viewed UNCTAD (United Nations Conference on Trade&Development) rather than the GATT (General Agreement on Tariffs&Trade) as the main institution through which to promote their interests in international trade. But beginning with the Uruguay Round in...

This study aims at providing an overview of policies affecting services trade in seven countries of the Balkan region, and stresses the growing importance of services trade. The service sectors, particularly tourism and transport, play an important role in the economies of the Balkan countries....

The study presents a comprehensive review of developing country trade policies and market access issues as they evolved over the period 1990-2012. The main findings are, first, that applied tariffs as well as traditional core non-tariff measures have declined significantly over time in both...