The Choice Between Unilateral and Multilateral Trade Liberalization Strategies

The Choice Between Unilateral and Multilateral Trade Liberalization Strategies PDF Author: Julio J. Nogués
Publisher: World Bank Publications
ISBN:
Category : Argentina
Languages : en
Pages : 24

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Book Description
Developing countries would gain far more from unilateral trade liberalization than from multilateral trade liberalization negotiated over many years. Industrial countries could increase both economic and political incentives for reform by granting credit when developing countries undertake unilateral trade liberalization.

Regional, Multilateral, and Unilateral Trade Policies of MERCOSUR for Growth and Poverty Reduction in Brazil

Regional, Multilateral, and Unilateral Trade Policies of MERCOSUR for Growth and Poverty Reduction in Brazil PDF Author: Angelo Gurgel
Publisher: World Bank Publications
ISBN:
Category : Brazil
Languages : en
Pages : 107

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Book Description
This paper determines the impacts of the Free Trade Agreement of the Americas (FTAA) for Brazil under alternative assumptions concerning the returns to scale and the nature of competition in several industries, emphasizing the effects on the agribusiness activities. The GTAPinGAMS applied general equilibrium model is used to run the simulations. The results suggest different changes in output, imports, exports, and prices under alternative assumptions about market structure. The FTAA allows the exploitation of economies of scale and reduction of markups in almost all industries, with evidences of rationalizing and pro-competitive effects occurring in the industries under imperfect competition. The welfare gains from the FTAA are larger in the model with market imperfections. If the FTAA excludes products from the agribusiness sectors, the Brazilian agricultural industries will exploit less the economies of scale.

Mega-Regional Trade Agreements

Mega-Regional Trade Agreements PDF Author: Thilo Rensmann
Publisher: Springer
ISBN: 3319566636
Category : Law
Languages : en
Pages : 377

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Book Description
This book provides an in-depth analysis of "Mega-Regionals", the new generation of trans-regional free-trade agreements (FTAs) currently under negotiation, and their effect on the future of international economic law. The main focus centres on the EU-US Transatlantic Trade and Investment Partnership (TTIP), the Trans-Pacific Partnership (TPP) and the EU-Canada Comprehensive Economic and Trade Agreement (CETA), but the findings are also applicable to similar agreements under negotiation, such as the Regional Comprehensive Economic Partnership (RCEP).The specific features of Mega-Regional Trade Agreements raise a number of issues with respect to their potential effect on the current system of international trade and investment law. These include the consequences of Mega-Regionals for the most-favoured-nation (MFN) principle, their relation to the multilateral system of the World Trade Organization (WTO), their democratic legitimacy and their interaction with existing bilateral investment treaties (BITs).The book is intended for academics and practitioners working in the field of international economic law.

Free Trade for the Americas?

Free Trade for the Americas? PDF Author: Marianne Wiesebron
Publisher: Zed Books Ltd.
ISBN: 1848136765
Category : Business & Economics
Languages : en
Pages : 200

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Book Description
The face of international trade is continuing to change rapidly. But while much attention is focused on where, post-Cancun, any new international negotiations under the auspices of the WTO may go, there are other developments of potentially equal importance. The United States, in particular, is prioritizing new regional trade agreements. This book focuses on the most ambitious of these negotiations -- the Free Trade Area of the Americas Agreement, which is due to be completed in 2005. This US initiative aims to replicate the NAFTA Agreement (which has bound the US, Canada and Mexico into a free trade area since 1994) across all 34 countries of South and North America (bar Cuba). This huge continental market is to be built around US-defined notions of free trade and protection of foreign investment, but will exclude the free movement of labour. This volume explains the origins and process of the negotiations -- both the complicated multilateral discussions and the bilateral agreements that have already been drafted. It explains in detail: * US strategy. * The structures and procedures of the Agreement. * The possible consequences for South America, including: Mercosur; Brazil, as Latin America's largest economy; and the region's many small economies, which cannot possibly compete on a level playing field with the US behemoth. * The wider implications of the FTAA for the global trading system, in particular for China, Japan and the EU. This book -- the first comprehensive, in-depth study of the FTAA -- will be of use to trade specialists, international economists, and all those interested in the FTAA, about which very little information is readily available in the public domain.

The Strategic Dynamics of Latin American Trade

The Strategic Dynamics of Latin American Trade PDF Author: Vinod K. Aggarwal
Publisher: Stanford University Press
ISBN: 9780804749008
Category : Political Science
Languages : en
Pages : 314

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Book Description
This volume analyzes trade agreements in Latin America since the mid-1980s, and provides a theoretical framework that highlights the political-economic tradeoffs entailed in different trade strategies formulated and pursued by different countries in the region. It contains detailed, empirically grounded studies of Argentina, Brazil, Chile, Mexico, and the Mercosur block as a whole.

Negotiating Free-trade Agreements

Negotiating Free-trade Agreements PDF Author: Walter Goode
Publisher:
ISBN: 9781921244957
Category : Australia
Languages : en
Pages : 208

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Book Description


Journal of World Trade

Journal of World Trade PDF Author:
Publisher:
ISBN:
Category : Foreign trade regulation
Languages : en
Pages : 392

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Book Description


Globalization And International Trade Policies

Globalization And International Trade Policies PDF Author: Robert M Stern
Publisher: World Scientific
ISBN: 9814477125
Category : Business & Economics
Languages : en
Pages : 794

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Book Description
This book brings together a collection of papers that Robert M Stern and his co-authors have written in recent years. The collection addresses a variety of issues pertinent to the global trading system. One group of papers deals with globalization in terms of what the public needs to know about this phenomenon and the role of the World Trade Organization (WTO), whether some countries may be hurt by globalization, how global market integration relates to national sovereignty, and how and whether considerations of fairness are and should be dealt with in the global trading system and WTO negotiations. A second group of papers consists of analytical and computational modeling studies of multilateral, regional, and bilateral trading arrangements and negotiations from a global and national perspective for the United States and other major trading countries. The remaining papers include an empirical analysis of barriers to international services transactions and the consequences of liberalization, and issues of international trade and labor standards.

Applied Trade Policy Modeling In 16 Countries: Insights And Impacts From World Bank Cge Based Projects

Applied Trade Policy Modeling In 16 Countries: Insights And Impacts From World Bank Cge Based Projects PDF Author: David G Tarr
Publisher: World Scientific
ISBN: 9814551449
Category : Political Science
Languages : en
Pages : 548

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Book Description
This book focuses on the World Bank projects, led by the author, based on computable general equilibrium models of international trade policy. The chapters show an unusual combination of policy relevance, advice and impact, with academic rigor and international trade theory insights. The author discusses some of the policy contexts for the requests from developing and transition countries to the World Bank, the key trade theory or policy insights, policy recommendations and conclusions, and the policy impacts.

Cooperation and Governance in International Trade

Cooperation and Governance in International Trade PDF Author: Beth V. Yarbrough
Publisher: Princeton University Press
ISBN: 1400862906
Category : Business & Economics
Languages : en
Pages : 195

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Book Description
International trade liberalization historically has taken many organizational forms--unilateral, bilateral, minilateral, and multilateral. Given the proliferation of normative views about which of these should be pursued, economists and political scientists have devoted surprisingly little attention to the reasons for the observed variation in the chosen forms. This book is the first to develop a single theoretical framework to account for past liberalization practices and also to anticipate ongoing changes in the international organization of trade policy. Growing out of a multidisciplinary effort combining economics, politics, organization, and law, the book's strategic organizational approach will interest students of trade, international relations, or institutional arrangements. Central to the strategic organizational approach is the view that organizational variety reflects alternate governance structures used to facilitate and enforce agreements. Among the successes of the approach are explanations of unilateral liberalization by nineteenth-century Britain, U.S. governance of multilateral liberalization under the early postwar GATT, growing use of bilateral governance to limit nontariff trade barriers, and anticipation of major moves toward minilateral governance, such as Europe/1992 and the Canada-U.S. Free-Trade Agreement. Originally published in 1992. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.