When the General Agreement on Tariffs and Trade (GATT) metamorphosed into the World Trade Organization (WTO) in 1994, it seemed that the third pillar of the international economic superstructure was finally in place. And yet with the failure of member countries to close the Doha Round of trade negotiations and the emergence of bilateral and plurilateral preferential trade arrangements (PTAs) such as the Trans-Pacific Partnership (TPP), the future of the multilateral WTO seems uncertain. In this volume, leading economists examine issues in trade policy that have arisen during this shift. The contributors discuss such topics as the effect of trade on poverty and inequality, PTAs and litigation between trading partners, the WTO Trade Facilitation Agreement, and the relationship of food security and trade liberalization. They also offer regional perspectives on the TPP and trans-Atlantic free trade. ContributorsRahel Aichele, Jagdish Bhagwati, Steve Charnovitz, Gabriel Felbermayr Dimitar Gueorguiev, Bernard Hoekman, Jonas Kasteng, Pravin Krishna, Mary Lovely, Petros Mavroidis, Devashish Mitra, Arvind Panagariya, Tom Prusa, Andre Sapir, Stefan Tangermann
Sprache
Verlagsort
ISBN-13
978-0-262-33768-7 (9780262337687)
Schweitzer Klassifikation
DNB DDC Sachgruppen
BIC 2 Klassifikation
BISAC Klassifikation
Warengruppensystematik 2.0
- Intro
- Contents
- Preface
- Acknowledgments
- 1 The World Trade System Today
- 1.1 Multilateral Trade Liberalization: A Success
- 1.2 Developing Countries Embrace Liberalization and the WTO
- 1.3 Proliferating PTAs Derail Multilateralism
- 1.4 Whither Trade Negotiations: Doha, TPP, and TIPP
- 1.5 Rule Making and Dispute Settlement: Bilateral versus Multilateral Settings
- 1.6 Concluding Remarks
- Notes
- References
- I Issues in Trade Policy
- 2 Border Tax Equalization
- 2.1 Overview of the WTO Law on Border Tax Equalization
- 2.2 Using Border Adjustments for Climate Challenges
- Notes
- References
- 3 Trade, Poverty, and Inequality
- 3.1 Theoretical Linkages
- 3.2 A Tale of Two Large Developing Countries
- 3.3 Cross-Country Evidence
- 3.4 Trade and Poverty: Review of Existing Evidence
- 3.5 Trade and Inequality: Existing Evidence
- 3.6 Concluding Remarks
- Notes
- References
- 4 Dial PTAs for Peace: The Influence of Preferential Trade Agreements on Litigation between Trading Partners
- 4.1 The Data
- 4.2 Interpreting the Data
- 4.3 Are Fewer Disputes Good News for the WTO?
- Notes
- References
- 5 Antidumping Provisions in Preferential Trade Agreements
- 5.1 Introduction
- 5.2 Background Issues
- 5.3 Antidumping Provisions in PTAs
- 5.4 The NAFTA Experience
- 5.5 Trade and Protection Diversion
- 5.6 Concluding Comments
- Notes
- References
- 6 The Bali Trade Facilitation Agreement and Rulemaking in the WTO: Milestone, Mistake, or Mirage?
- 6.1 Why Negotiate on Trade Facilitation?
- 6.2 Assessing the Impacts of Trade Facilitation
- 6.3 The Trade Facilitation Agreement
- 6.4 Reflections on Process and Outcome
- 6.5 Possible Implications for Cooperation Looking Forward
- 6.6 Conclusion
- Notes
- References
- 7 Agriculture: Food Security and Trade Liberalization
- 7.1 The Doha Round: Agriculture Again at Center Stage
- 7.2 New Conditions on World Markets for Agricultural Products
- 7.3 Evolution of the Policy Landscape
- 7.4 Implications for Agricultural Trade Negotiations Post-Bali
- 7.5 Public Stockholding for Food Security: The "Indian Problem"
- 7.6 Conclusions
- Notes
- References
- II Regional Perspectives
- 8 The Trans-Pacific Partnership: Perspectives from China
- 8.1 The TPP and the China Possibility
- 8.2 China's Economic Stake in the TPP
- 8.3 International Reputations
- 8.4 Domestic Politics and the TPP
- 8.5 Summary and Perspectives
- Notes
- References
- 9 Transatlantic Free Trade: The Viewpoint of Germany
- 9.1 How Important Is Transatlantic Trade and Investment for Germany?
- 9.2 What Economic Benefits Can Germany Expect from a TTIP?
- 9.3 Elements of the Public Debate in Germany
- 9.4 Conclusions
- Notes
- References
- 10 The Abolition of Antidumping Measures in the EU: An Example and Inspiration for the TTIP
- Overview
- Objective and Limitations
- 10.1 The Effects on Trade of Imposing and Abolishing Antidumping Measures: The Experience of the EU
- 10.2 The Opportunity to Abolish Antidumping Measures in Regional Trade Agreements: The TTIP as an Example
- 10.3 Conclusions
- Annexes
- Note
- References
- Contributors
- Index
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