This paper uses detailed data on bound and applied tariffs to assess the consequences of the World Trade Organization's December 2008 Modalities for tariffs levied and faced by developing countries, and the welfare implications of these reforms. The authors find that the tiered formula for...

In November 2001, a new round of multilateral trade negotiations was launched in Doha, Qatar, with a key objective of development. Although the initiative was politically laudable, doubts arise on the economic impacts of the negotiations, in particular on the Least Developed Countries (LDCs)....

Over the past 25 years, economic growth rates in many developing countries have outpaced those in industrialized countries, and per capita incomes of these two groups of countries have started to converge. Growth in developing countries contributed to a dramatic drop — from 37 percent to 13...

In the event of large swings in world food prices, countries often intervene to dampen the impact of international food price spikes on domestic prices and to lessen the burden of adjustment on vulnerable population groups. While individual countries can succeed at insulating their domestic...