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This paper discusses some of the implications of liberalizing trade in processed foods in the context of the upcoming WTO trade negotiations. Simulated impacts suggest that a 30 percent reduction in farm and food tariffs would benefit U.S. farming in terms of output, net exports and income. The...
Persistent link: https://www.econbiz.de/10014126089
The agricultural and food sector is an ideal case for investigating the political economy of public policies. Many of the policy developments in this sector since the 1950s have been sudden and transformational, while others have been gradual but persistent. This article reviews and synthesizes...
Persistent link: https://www.econbiz.de/10013080582
What is an APEC Food System? Leaders of APEC's 21 member governments are committed to achieving free and open trade and investment and to better trade facilitation and greater economic and technical cooperation within the APEC region. Considerable progress has already been made towards those...
Persistent link: https://www.econbiz.de/10014154619
Persistent link: https://www.econbiz.de/10014319857
The sharp decline in trade volume and value during the current economic crisis has contributed to lower transportation costs and reduced waiting times at border crossings, reducing the urgency of progress on trade facilitation. Meanwhile, greater trade is expected to play a key role in recovery,...
Persistent link: https://www.econbiz.de/10003982944
The Trans-Pacific Partnership (TPP) agreement, now in negotiation among nine Asia-Pacific countries, could yield annual global income gains of $295 billion (including $78 billion for the United States) and offers a pathway to free trade in the Asia-Pacific with potential gains of $1.9 trillion....
Persistent link: https://www.econbiz.de/10013103777
This Working Paper estimates the effects of the Trans-Pacific Partnership (TPP) using a comprehensive, quantitative trade model, updating results reported in Petri, Plummer, and Zhai (2012) with recent data and information from the agreement. The new estimates suggest that the TPP will increase...
Persistent link: https://www.econbiz.de/10013000292
In February 2016, twelve Pacific Rim countries signed the agreement on the Trans Pacific Partnership (TPP), one of the largest and most comprehensive trade deals in history. While there are several estimates of the likely effects of the TPP, there is no systematic study on the effects on all...
Persistent link: https://www.econbiz.de/10012977870
[The Regional Comprehensive Economic Partnership (RCEP) presents strong potential to mold regional trade and investment patterns well into the future and to influence the direction of global economic cooperation at a challenging time. This paper provides detailed estimates on the effects of the...
Persistent link: https://www.econbiz.de/10013223432
The Regional Comprehensive Economic Partnership (RCEP) agreement, signed in November 2020, comes shortly after the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) entered into force and the US-China Trade War escalated. We use a computable general equilibrium model...
Persistent link: https://www.econbiz.de/10013210509