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After a decade of negotiations and additional preparatory work, the WTO Trade Facilitation Agreement (TFA) is poised to enter into force. It promises to streamline and substantially prune the red tape that all too often slows and impedes international commerce - thereby significantly reducing...
Persistent link: https://www.econbiz.de/10011539228
World Trade Report. At the same time, many WTO Agreements already contain provisions aimed at facilitating trade procedures … 2015 World Trade Report refers to "border agency cooperation" as the main TFA implementation challenge identified by …
Persistent link: https://www.econbiz.de/10011482193
Duplication, delays or discrimination in CAPs can significantly increase trade costs, and this risk is reflected in the growing importance of CAPs in WTO discussions and bilateral and regional free trade agreements. This paper conducts an empirical study of the trade issues that WTO Members...
Persistent link: https://www.econbiz.de/10011507636
Analysis (GTAP) and the World Trade Organization (WTO). The model can be used to generate global trade projections and to …
Persistent link: https://www.econbiz.de/10012126082
We capitalize on the latest developments in the empirical structural gravity literature to revisit the question of whether and how much does GATT/WTO membership affect international trade. We are the first to capture the non-discriminatory nature of GATT/WTO commitments by measuring the effects...
Persistent link: https://www.econbiz.de/10012025569
Besides facilitating access to the world market, WTO accession negotiations entail a process of domestic reforms that …
Persistent link: https://www.econbiz.de/10011609380
We estimate the effects of trade facilitation on the extensive margins of trade. Using OECD Trade Facilitation Indicators - which closely reflect the Trade Facilitation Agreement negotiated at the Bali WTO Ministerial Conference of December 2013 - we show that trade facilitation in a given...
Persistent link: https://www.econbiz.de/10010417170
We investigate to what extent the probability that a Specific Trade Concern (STC) is raised in the WTO against a Member in a given sector is affected by past reductions in applied tariffs. Employing an identification strategy based on 'new measures', we find evidence of a substitution of...
Persistent link: https://www.econbiz.de/10010419803
Two issues stand out in this conversation. The first concerns the unfinished business of the global fight against the scourge of poverty, which impacts one region more than most: Africa. At the same time, a key pre-requisite for economic performance - affordable and efficient public...
Persistent link: https://www.econbiz.de/10010426539
In 2003, the WTO General Council decided to provide an additional legal pathway for WTO Members with insufficient or no manufacturing capacities in the pharmaceutical sector to access medicines. Two years later, in 2005, WTO Members unanimously agreed to give this mechanism, often referred to as...
Persistent link: https://www.econbiz.de/10011305598