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liberalization of both trade and foreign direct investment (FDI) has been an integral part, is of paramount importance. By fostering … impacts (intended or unintended) on the economy, the TPRM can be a catalyst for unilateral reform, including liberalization of … trade and FDI. Although the latter has received added impetus from multilateral liberalization under the auspices of the …
Persistent link: https://www.econbiz.de/10010326768
operation of the Trade Policy Review Mechanism. Those Reviews show that trade liberalization came hand-in-hand with internal … liberalization slowed down during the second decade under review, with tariffs having come down mostly during the earlier years. The … considerable trade policy liberalization achieved during past years, and to strengthen the multilateral trading system. …
Persistent link: https://www.econbiz.de/10010326779
available. A number of trends are evident. While a majority of RTAs result in a reasonably high degree of liberalization overall … (with developing countries often liberalizing as much or more than developed countries), liberalization is not uniform … across products or RTA parties. In some RTAs the degree of liberalization appears to be a negotiated outcome, depending on …
Persistent link: https://www.econbiz.de/10010326792
The paper discusses the experience to date with the implementation and application of the General Agreement on Trade in Services (GATS), some ten years after its entry into force. One striking observation is the smooth functioning of the Agreement, which has created far less tensions and...
Persistent link: https://www.econbiz.de/10010330155
essential role of services for economic development; the high costs imposed by trade protection; the benefits of liberalization …
Persistent link: https://www.econbiz.de/10010330168
liberalization commitments and was subject to review by the WTO’s Trade Policy Review Committee. In her view, the same mechanism …
Persistent link: https://www.econbiz.de/10005292731
liberalization especially through allowing foreign suppliers to invest in Russian service industries promises the largest gains. This … intermediate services liberalization for the expansion of a viable Russian service sector. Results from comparing Russian effective …
Persistent link: https://www.econbiz.de/10010277725
This paper explores the dynamic effects of trade liberalization on tax revenue using a worldwide panel dataset. Results … point to statistically significant negative effect of liberalization on (non- resource) tax revenues in the short term and … no significant effect in the medium term. Liberalization also alter the tax structure tilting revenues toward indirect …
Persistent link: https://www.econbiz.de/10012657950
This paper investigates economic and political determinants of protection across the secondary (manufacturing) sector. Economic factors can be summarized by the infant industry argument and we expect industries which are relatively efficient compared to the rest-of-the-world to have low levels...
Persistent link: https://www.econbiz.de/10005800328
In this paper we analyze the impact of trade liberalization policy on GDP growth of Pakistan for the period ranging …
Persistent link: https://www.econbiz.de/10008526966