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An important recent World Trade Organization dispute settlement case for many developing countries concerned European … being used to cover losses associated with exports of sugar to the world market. Although in principle the economic …
Persistent link: https://www.econbiz.de/10012747624
internal and external transparency of World Trade Organization processes. Some proposals for structural reform ignore incentive …This paper summarizes the major arguments and proposals to reform the modus operandi of the World Trade Organization … constraints and the fact that the World Trade Organization is an incomplete contract that must be self-enforcing. Others -- such …
Persistent link: https://www.econbiz.de/10012976212
Trade (GATT) and subsequent World Trade Organization (WTO) on choice of policy instruments, as well as how multilateral …
Persistent link: https://www.econbiz.de/10012973566
The WTO has delivered policy outcomes that are very different from those likely to emerge out of the recent wave of preferential trade agreements (PTAs). Should economists see this as an efficient institutional hand-off, where the WTO has carried trade liberalization as far as it can manage, and...
Persistent link: https://www.econbiz.de/10012937212
as a result affect world prices for the specific products concerned. Market failures and market structures (market power …
Persistent link: https://www.econbiz.de/10012975528
The World Trade Organization has been until recently an effective framework for cooperation because it has continually … mechanism that has driven the World Trade Organization process to previous successes. The second is new restraints on …
Persistent link: https://www.econbiz.de/10012975577
. World Trade Organization disciplines raise the cost of using trade policies for member countries and have proved to be a …
Persistent link: https://www.econbiz.de/10012975670
World trade is increasingly ruled by preferential trade agreements (PTAs), but their precise nature remains relatively … Trade Center and the World Bank. The data set covers 5,203 products, 199 reporters, and 239 partners, representing … approximately 97 percent of world imports in 2016. There are three main findings. First, PTAs have significantly widened the scope …
Persistent link: https://www.econbiz.de/10012919077
Do regional trade agreements negatively impact non-members? This paper revisits this long-standing trade policy question using firm-level data and detailed information on the content of trade agreements. Differently from the conventional view on trade diversion, the analysis identifies a...
Persistent link: https://www.econbiz.de/10012858954
-Saharan Africa (ECOWAS and SADC), Asia (AFTA and SAPTA) and Latin America (CACM, CAN, and MERCOSUR), estimating their impacts on … successful among them, with an estimated positive impact on its members' imports from the rest of the world (hence no trade … diversion), but its impact on their exports to the rest of the world is rather limited. During its first 10 years of existence …
Persistent link: https://www.econbiz.de/10012747754