Showing 1 - 10 of 122
Market access negotiations in merchandise trade at the multilateral level cover tariffs and non-tariff measures (NTMs …). While tariffs have been substantially reduced in earlier rounds, they remain high in certain areas and further reductions …
Persistent link: https://www.econbiz.de/10011115006
model that incorporates bilateral tariffs and a number of indicators for the quality of infrastructure. The paper looks at … estimators, multilateral resistances for tariffs and remoteness are introduced in the gravity equation. Moreover, the robustness … included. The results can be summarised in four main findings: (i) bilateral tariffs, generally neglected in gravity regression …
Persistent link: https://www.econbiz.de/10011115014
The WTO's plurilateral Information Technology Agreement (ITA) reduced tariffs to zero on many IT products. This paper … time in trade literatures. Inserting tariffs directly into the gravity equation breaks the ITAs impact down into four …
Persistent link: https://www.econbiz.de/10011198415
Management of capital inflows has unexpectedly become a major challenge in transition economies. These countries were expected to have an insatiable demand for foreign capital, and an excess demand for capital inflows was, therefore, predicted by most observers. Foreign investors are also known...
Persistent link: https://www.econbiz.de/10011115096
Rising current account and merchandise trade imbalances marked the years before the global financial and economic crisis. These imbalances either contributed to or precipitated the crisis and to the extent that they create systemic risks, it is desirable that they be reduced. There are many...
Persistent link: https://www.econbiz.de/10011115065
This Working Paper contains some observations concerning the evolution of trade and trade-related policies in the Asia-Pacific region since the establishment in 1989 of the Trade Policy Review Mechanism (TPRM), whose goal is to improve the transparency of these policies. It also draws some...
Persistent link: https://www.econbiz.de/10011115112
MERCOSUR is one of the most important examples of renewed world-wide interest in regional trade agreements. It may be seen as a consolidation of unilateral reforms undertaken in conjunction with major macroeconomic adjustments. The paper reviews the objectives of MERCOSUR and assesses its...
Persistent link: https://www.econbiz.de/10011115058
This paper tries to assess quantitatively the role of electronic commerce in economic activity and in trade and tariff revenue collection. The share of value added that potentially lends itself to electronic trade represents around 30 percent of GDP, most importantly distribution, finance and...
Persistent link: https://www.econbiz.de/10011115099
further indicate that the market of health products is dominated by a small number of developed countries. Looking at tariffs … overall level of tariffs is low, but far from being zero, especially in the last three country groups. Finally, studying the … tariffs on health products in preferential trade agreements between developing countries, the results show that the tariff …
Persistent link: https://www.econbiz.de/10011115166
Discussions about international capital movements raise extremely important and controversial questions. Why should countries open up their capital accounts, especially considering that unrestricted international capital movement is a relatively new phenomenon? For example, many OECD countries...
Persistent link: https://www.econbiz.de/10011115721