Preferential Trade Agreements And Their Role In World Trade

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Preferential Trade Agreements and Their Role in World Trade

Author : Denis Medvedev
Publisher : World Bank Publications
Page : 90 pages
File Size : 54,7 Mb
Release : 2024-06-29
Category : Electronic
ISBN : 8210379456XXX

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Preferential Trade Agreements and Their Role in World Trade by Denis Medvedev Pdf

The author investigates the effects of preferential trade agreements (PTAs) on bilateral trade flows using a comprehensive database of PTAs in force and a detailed matrix of world trade. He shows that total trade between PTA partners is a poor proxy for preferential trade (trade in tariff lines where preferences are likely to matter): while the former amounted to one-third of global trade in 2000-02, the latter was between one-sixth and one-tenth of world trade. His gravity model estimates indicate that using total rather than preferential trade to assess the impact of PTAs leads to a significant downward bias in the PTA coefficient. The author finds that product exclusions and long phase-in periods significantly limit preferential trade, and their removal could more than double trade in tariff lines above 3 percent of most-favored-nation (MFN) duties. He also shows that the effects of PTAs on trade vary by type of agreement and are increasing in the incomes of PTA partners.

Preferential Trade Agreements and Their Role in World Trade

Author : Denis Medvedev
Publisher : World Bank Publications
Page : 96 pages
File Size : 49,6 Mb
Release : 2006
Category : Commercial treaties
ISBN : UCSD:31822034962100

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Preferential Trade Agreements and Their Role in World Trade by Denis Medvedev Pdf

The author investigates the effects of preferential trade agreements (PTAs) on bilateral trade flows using a comprehensive database of PTAs in force and a detailed matrix of world trade. He shows that total trade between PTA partners is a poor proxy for preferential trade (trade in tariff lines where preferences are likely to matter): while the former amounted to one-third of global trade in 2000-02, the latter was between one-sixth and one-tenth of world trade. His gravity model estimates indicate that using total rather than preferential trade to assess the impact of PTAs leads to a significant downward bias in the PTA coefficient. The author finds that product exclusions and long phase-in periods significantly limit preferential trade, and their removal could more than double trade in tariff lines above 3 percent of most-favored-nation (MFN) duties. He also shows that the effects of PTAs on trade vary by type of agreement and are increasing in the incomes of PTA partners.

Preferential Trade Agreement Policies for Development

Author : Jean-Pierre Chauffour,Jean-Christophe Maur
Publisher : World Bank Publications
Page : 537 pages
File Size : 45,5 Mb
Release : 2011-06-22
Category : Business & Economics
ISBN : 9780821386439

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Preferential Trade Agreement Policies for Development by Jean-Pierre Chauffour,Jean-Christophe Maur Pdf

The Handbook offers an introduction to the key elements of Preferential Trade Agreements (PTAs), addressing the practical economic and legal aspects of the regulatory policies in PTAs.

Negotiating a Preferential Trading Agreement

Author : S. K. Jayasuriya,Donald MacLaren,Gary Bryan Magee
Publisher : Edward Elgar Publishing
Page : 283 pages
File Size : 43,8 Mb
Release : 2009-01-01
Category : Business & Economics
ISBN : 9781848449237

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Negotiating a Preferential Trading Agreement by S. K. Jayasuriya,Donald MacLaren,Gary Bryan Magee Pdf

Draws on both theory and evaluations of several major Preferential trading arrangements (PTAs) to discuss the constraints to achieving liberalisation in PTAs and key problems facing negotiators trying to achieve the best outcomes within given political economy constraints, such as choice of rules of origin and dispute settlement procedures.

Preferential Trade Agreements

Author : Kyle W. Bagwell,Petros C. Mavroidis
Publisher : Cambridge University Press
Page : 289 pages
File Size : 45,7 Mb
Release : 2011-03-07
Category : Law
ISBN : 9781139498906

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Preferential Trade Agreements by Kyle W. Bagwell,Petros C. Mavroidis Pdf

This volume assembles a stellar group of scholars and experts to examine preferential trade agreements (PTAs), a topic that has time and again attracted the interest of analysts. It presents a discussion of the evolving economic analysis regarding PTAs and the various dysfunctions that continually place them among the priority items for (re)negotiation by the WTO. The book explores recent empirical research that casts doubt on the old 'trade diversion' school and debates why the WTO should deal with PTAs and if PTAs belong under the mandate of the WTO as we now know it.

Votes, Vetoes, and the Political Economy of International Trade Agreements

Author : Edward D. Mansfield,Helen V. Milner
Publisher : Princeton University Press
Page : 223 pages
File Size : 44,9 Mb
Release : 2012-05-27
Category : Business & Economics
ISBN : 9780691135304

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Votes, Vetoes, and the Political Economy of International Trade Agreements by Edward D. Mansfield,Helen V. Milner Pdf

Preferential trading arrangements (PTAs) play an increasingly prominent role in the global political economy, two notable examples being the European Union and the North American Free Trade Agreement. These agreements foster economic integration among member states by enhancing their access to one another's markets. Yet despite the importance of PTAs to international trade and world politics, until now little attention has been focused on why governments choose to join them and how governments design them. This book offers valuable new insights into the political economy of PTA formation. Many economists have argued that the roots of these agreements lie in the promise they hold for improving the welfare of member states. Others have posited that trade agreements are a response to global political conditions. Edward Mansfield and Helen Milner argue that domestic politics provide a crucial impetus to the decision by governments to enter trade pacts. Drawing on this argument, they explain why democracies are more likely to enter PTAs than nondemocratic regimes, and why as the number of veto players--interest groups with the power to block policy change--increases in a prospective member state, the likelihood of the state entering a trade agreement is reduced. The book provides a novel view of the political foundations of trade agreements.

Policy Externalities And International Trade Agreements

Author : Limao Nuno
Publisher : World Scientific
Page : 440 pages
File Size : 53,7 Mb
Release : 2018-09-19
Category : Business & Economics
ISBN : 9789813147997

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Policy Externalities And International Trade Agreements by Limao Nuno Pdf

The book Policy Externalities and International Trade Agreements is a selection of published articles examining how policy externalities motivate and can be addressed by international trading institutions. The studies provide groundbreaking evidence of the role of international market power and policy uncertainty as motives for trade agreements and on the potential clash between preferential trade liberalization (e.g. European Union, NAFTA) and multilateral agreements (WTO). The studies presented in this book not only identify and estimate how different policies interact with each other and across agreements, but also examine how international trading institutions can be used to limit redistribution towards special interest groups and enforce better cooperation across issues, such as labor and the environment, and between developing and developed countries.

Handbook of Deep Trade Agreements

Author : Aaditya Mattoo,Nadia Rocha,Michele Ruta
Publisher : World Bank Publications
Page : 768 pages
File Size : 45,9 Mb
Release : 2020-09-23
Category : Political Science
ISBN : 9781464815546

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Handbook of Deep Trade Agreements by Aaditya Mattoo,Nadia Rocha,Michele Ruta Pdf

Deep trade agreements (DTAs) cover not just trade but additional policy areas, such as international flows of investment and labor and the protection of intellectual property rights and the environment. Their goal is integration beyond trade or deep integration. These agreements matter for economic development. Their rules influence how countries (and hence, the people and firms that live and operate within them) transact, invest, work, and ultimately, develop. Trade and investment regimes determine the extent of economic integration, competition rules affect economic efficiency, intellectual property rights matter for innovation, and environmental and labor rules contribute to environmental and social outcomes. This Handbook provides the tools and data needed to analyze these new dimensions of integration and to assess the content and consequences of DTAs. The Handbook and the accompanying database are the result of collaboration between experts in different policy areas from academia and other international organizations, including the International Trade Centre (ITC), Organisation for Economic Co-operation and Development (OECD), United Nations Conference on Trade and Development (UNCTAD), and World Trade Organization (WTO).

Preferential Trade Agreements and International Law

Author : Graeme Baber
Publisher : Routledge
Page : 316 pages
File Size : 54,8 Mb
Release : 2018-12-07
Category : Law
ISBN : 9781351258982

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Preferential Trade Agreements and International Law by Graeme Baber Pdf

The multilateral trade agreements in the Annexes to the Agreement Establishing the World Trade Organization provide a comprehensive structure for international trade. Why would trading partners in different countries feel the need to go outside this framework in order to set up preferential trade arrangements? This book considers the structure of the World Trade Organization’s agreements and the types of preferential trade arrangements, and deliberates the value of the latter in the light of the operation of the former. Preferential Trade Agreements and International Law offers a comprehensive examination of preferential trade agreements and considers the features of specific regional and bilateral trade agreements without drawing upon systematic features and trends. It shows the latest state of knowledge on the topic and will be of value to researchers, academics, policymakers, and students interested in international trade and economic law.

Most-favoured-nation Treatment

Author : United Nations Conference on Trade and Development
Publisher : Unknown
Page : 164 pages
File Size : 50,7 Mb
Release : 2010
Category : Political Science
ISBN : UCBK:C107411463

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Most-favoured-nation Treatment by United Nations Conference on Trade and Development Pdf

The publication contains an explanation of Most Favored Nation (MFN) treatment and some of the key issues that arise in its negotiation, particularly the scope and application of MFN treatment to the liberalization and protection of foreign investors in recent treaty practice. The paper provides policy options as regards the traditional application of MFN treatment and identifies reactions by States to the unexpected broad use of MFN treatment, and provides several drafting options, such as specifying or narrowing down the scope of application of MFN treatment to certain types of activities, clarifying the nature of "treatment" under the IIA, clarifying the comparison that an arbitral tribunal needs to undertake as well as a qualification of the comparison "in like circumstances" or excluding its use in investor-State cases.

Advanced Introduction to International Trade Law

Author : Michael J. Trebilcock,Joel Trachtman
Publisher : Edward Elgar Publishing
Page : 287 pages
File Size : 47,7 Mb
Release : 2020-01-31
Category : Law
ISBN : 9781788971430

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Advanced Introduction to International Trade Law by Michael J. Trebilcock,Joel Trachtman Pdf

Written by two leading scholars with 60 years of collective experience in the area, this insightful updated second edition provides a clear and concise introduction to the fundamental components of international trade law, presenting the basic structure and principles of this complex area of law, alongside elucidation of specific GATT and WTO legal rules and institutions. Key updates include references to the most recent cases, decisions and treaty negotiation developments, analysis of populist critiques of international trade law and analysis of new areas including digital trade and security exceptions.

The Pacific Alliance in a World of Preferential Trade Agreements

Author : Pierre Sauvé,Rodrigo Polanco Lazo,José Manuel Álvarez Zárate
Publisher : Springer
Page : 262 pages
File Size : 53,7 Mb
Release : 2018-06-29
Category : Political Science
ISBN : 9783319784649

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The Pacific Alliance in a World of Preferential Trade Agreements by Pierre Sauvé,Rodrigo Polanco Lazo,José Manuel Álvarez Zárate Pdf

This volume focuses on one of the most innovative deep integration constructs, The Pacific Alliance, which aims at expanding the frontiers of trade and investment governance in Latin America. It draws on a conference held at Externado University in Bogota, Colombia, in November 2015, bringing together leading scholars, practitioners and officers of public, regional and international organisations interested in a critical analysis of the Alliance, its distinctiveness and likely future directions. The volume features contributions from the multi-disciplinary lens of law, political science and economics. The Pacific Alliance, comprising Chile, Colombia, Mexico and Peru, aims through a participatory and consensual manner to promote the free circulation of goods, services, capital and persons among its members, and to secure deep economic integration through collaboration across a broader set of policy areas than typically obtains in more traditional preferential trade agreements. This volume is of interest to policy makers and staff of international organizations involved in trade and investment negotiations, international economic governance in general as well as faculty, researchers and graduate students of these topics and of international political economy and comparative regionalism.

The Regulation of International Trade

Author : Robert Howse,Antonia Eliason
Publisher : Routledge
Page : 960 pages
File Size : 52,8 Mb
Release : 2013-05-07
Category : Business & Economics
ISBN : 9781136291777

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The Regulation of International Trade by Robert Howse,Antonia Eliason Pdf

Drawing on a wide variety of classic and contemporary sources, respected authors Trebilcock, Howse and Eliason here provide a critical analysis of the institutions and agreements that have shaped international trade rules. In light of the growing debate over globalization, they include special sections with examinations of topics such as: agriculture services and Trade-Related Intellectual Property Rights labour rights the environment migration competition. Drawing on previous highly praised editions, this comprehensive text is an invaluable guide to students of economics, law, politics and international relations. Now fully updated, this fourth edition includes full coverage of new developments including the Doha trade round, the proliferation of Preferential Trade Agreements, the debate on trade, climate change and green energy, the response of the trading system to the 2007--10 financial and economic crisis, the controversy over trade and exchange rate manipulation, and the growing body of WTO dispute resolution case law.

Trade Cooperation

Author : Andreas Dür,Manfred Elsig
Publisher : Cambridge University Press
Page : 0 pages
File Size : 55,8 Mb
Release : 2018-06-14
Category : Law
ISBN : 1107444675

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Trade Cooperation by Andreas Dür,Manfred Elsig Pdf

Preferential trade agreements (PTAs) have been proliferating for more than two decades, with the negotiations for a Transatlantic Trade and Investment Partnership and a Trans-Pacific Partnership being just the tip of the iceberg. This volume addresses some of the most pressing issues related to the surge of these agreements. It includes chapters written by leading political scientists, economists and lawyers which theoretically and empirically advance our understanding of trade agreements. The key theme is that PTAs vary widely in terms of design. The authors provide explanations as to why we see these differences in design and whether and how these differences matter in practice. The tools for understanding the purposes and effects of PTAs that are offered will guide future research and inform practitioners and trade policy experts about progress in the scientific enquiry into PTAs.

Trade Cooperation

Author : Andreas Dür,Manfred Elsig
Publisher : Cambridge University Press
Page : 627 pages
File Size : 50,6 Mb
Release : 2015-01-08
Category : Business & Economics
ISBN : 9781107083875

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Trade Cooperation by Andreas Dür,Manfred Elsig Pdf

This unique collection of original essays describes preferential trade agreements, explains why they have spread and explores their effects.