. (2) Free world trade has similar, but larger, impacts. (3) Domestic trade liberalization induces an expansion of … liberalization effects far outweigh those of free world trade when these scenarios are combined. (5) Remittances constitute a … powerful poverty-reducing tool given their greater importance in the income of the poor. "--World Bank web site …

The past eight years witnessed China's phenomenal growth and integration into the world economy, expedited by its … accession to the World Trade Organization (WTO) in 2001. The accession greatly accelerated China's domestic reforms. By the end … of 2007, China was ranked the second largest exporter and third largest trader in the world after its exports grew at …

liberalization"--World Bank web site …

monitoring and the need for transparency to increase the benefits of WTO membership to small countries. "--World Bank web site …

"There is a fundamental shift taking place in the world economy to which the multilateral trading system has failed to … interests largely in the rich countries, is running out of steam; (ii) the world economy is moving broadly from conditions of … commonality of interests and scope for give-and-take on these new issues make multilateral cooperation worth attempting. "--World …

the 5 percent generated by the most commonly used global model (GTAP) and reported in the paper's final section. "--World …