Argentina, Chile, Colombia, Jamaica, Trinidad and Tobago, and Uruguay undertook extensive trade reform at a time of crisis, at which time institutional reform was difficult to undertake. Many of the countries had become members of the General Agreement on Tariffs and Trade (GATT) in the late...

Until 1980, the world merchant fleet expanded rapidly in response to thriving seatrade markets. Since then, it has not grown much. The industry did not adjust effectively to periodic global recession, and the fleet's earnings deteriorated as the gap widened between the supply of tonnage and the...

Many developing countries are being encouraged to shift toward increased processing and exports of domestically produced natural resource based products now exported in primary form. But in many major markets, the structure of tariffs and nontariff barriers militate against such efforts. Zero or...

The authors try to gauge why the GATT dispute settlement process has, to date, been so ineffective in disciplining the use of antidumping measures. Focusing on the five cases in which panels have completed their findings and recommendations, the authors identify the sources of this...

The authors give a long-term perspective on how changes in the former CMEA areas will affect international trade in manufactures. They show that expanding Eastern European exports to the West should be viewed as a step toward normalizing the Eastern European countries'trade patterns. First,...

Major breakthroughs in communications technologies in the 1980s made it possible to monitor all phases of moving a product from raw material sourcing through processing to delivery to the customer. Close monitoring revealed major inefficiencies in the traditional set-up of materials acquisition,...

Many complain and offer evidence that in recent years the GATT system has become more power-oriented, less stable, and less equitable. A concern to reverse this drift was one of the motives that brought the international community to agree to undertake the Uruguay Round. Rules control power,...

The authors introduce a new measure, the Trade Restrictiveness Index, to measure the restrictiveness of a system of trade protection. They propose an alternative to the commonly used ad hoc indexes of trade restrictiveness, such as the trade-weighted average tariff. That measure has no...

This paper concludes that transparency, openness, and objectivity, are important parts of the American ideal of rule of law. Yet these procedural refinements seem to contribute more to the problem than to a solution. All the emphasis on doing things the right way distracts us from seeing that we...

This study explores options for the restructuring and the privatization of PKS, Poland's main state-owned enterprise for road transport of passengers and general freight. As regards privatization, the focus of the study is on road freight haulage operations of PKS and not on its passenger...