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WTO Issues
Regional Economic
Cooperation
Developmental
Issues
CUTS CITEE in Action
Call for Publications
WTO Issues
History
repeating itself at WTO
United States president George Bush complained bitterly to Prime
Minister Manmohan Singh during a telephonic conversation late last month
that India’s trade negotiators at the World Trade Organisation (WTO) in
Geneva were “not cooperating”. Surely, Bush meant that the Indian team was
not acquiescing to Washington’s grab-and-grab approach in the long running
Doha round of trade negotiations. What Manmohan Singh exactly said ………
http://www.epw.org.in/uploads/articles/11194.pdf
Regulatory Shift: The Rise of Judicial Liberalization
at the WTO
In the early years of the GATT/WTO regime, trade regulation
occurred through a negotiated legislative process associated with trade
rounds. Over the last fifteen years, however, the focus of GATT/WTO trade
regulation has moved to the judicial process. GATT negotiations, reliant
on reciprocity between big territories, non-reciprocity for developing
countries, and the extension of Most Favored Nation status to all, created
a regulatory system ………
http://ilreports.blogspot.com/2007/11/goldstein-steinberg-regulatory-shift.html
Russian WTO
accession : what has been accomplished, what can be expected
This paper summarizes the principal
reform commitments that Russia has undertaken as part of its World Trade
Organization (WTO) accession negotiations, providing detailed assessments
in banking, insurance, and agriculture. The paper assesses the gains to
the Russian economy from these commitments, based on a summary of several
modeling efforts undertaken by the author and his colleagues. The author
compares Russian commitments with those of other countries that have
recently............
http://econ.worldbank.org/
Fulfilling the Marrakesh Mandate on Coherence: Ten Years of Cooperation
between the WTO, IMF and World Bank
Contributing to achieving more coherent global economic
policy-making is one of the five core functions of the WTO, as defined by
Article III.5 of the WTO Agreement. Its ability to do so depends on it
carrying out its other functions successfully – providing a forum for
liberalization, ensuring a strict observance of its multilateral rules and
disciplines, and contributing to policy surveillance. In 1994, WTO Members
added to the WTO Agreement a Ministerial Declaration On Achieving Greater
Coherence in Global Economic Policy Making ……….
http://www.wto.org/english/res_e/booksp_e/discussion_papers13_e.pdf
The Optimal Design of Trade Policy Flexibility in the
WTO
This paper is a contribution to the literature on rational design
of trade agreements. The World Trade Organization (WTO) is an incomplete
contract among sovereign states. Incomplete contracts contain gaps. Ex
post, contractual gaps may leave gains from trade unrealized; they may
create “regret” in signatories once unanticipated contingencies or sudden
protectionist backlashes have occurred. Trade policy flexibility
mechanisms, such as the “safeguards clause” under Art. XIX GATT, are
geared ………
http://ideas.repec.org/p/gii/giihei/heiwp27-2007.html
Regional Economic
Cooperation
The Reform of
The EU Sugar Sector: Implications for ACP Countries and EPA
Negotiations
This note is to provide comprehensive account of the legal and
political background of the current reform of the EU sugar sector
and of the implications of the reform and related EU policies for
ACP countries. An assessment of the impact of the EU reform on sugar
imports from ACP countries is provided against the background of the
ongoing negotiations of EU-ACP Economic Partnership Agreements.
http://www.southcentre.org/
Flexibility on FTA with Asean
Prime Minister Manmohan Singh has promised the
“necessary flexibility” in settling the outstanding issues in order
to reach a trade agreement with the Asean by March 2008. Trade
ministers of India and Asean after an informal meeting expressed
satisfaction over the progress made since the last major summit in
the Philippine city of Cebu in January. However, a breakthrough in
the talks — the free trade agreement was originally scheduled to
start by January 1, 2006 — remains elusive even though ………
http://www.hindu.com/2007/11/28/stories/2007112854521000.htm
EPA Negotiations In The Pacific Region: Some Issues of Concern
This Analytical Note explores some of the main challenges
related to the EPA negotiations in the Pacific ACP region,
particularly with respect to Market Access and regional integration,
Agriculture, and trade in Services. This note highlights some of the
region’s main concerns and explores some possible positive linkages
between the EPAs and the WTO Doha Round of negotiations in an effort
to increase negotiators’ understanding about the EPA developmental
implications.
http://www.southcentre.org/
Asean FTA: Time to introspect on domestic oilseed cultivation
Some sensitive agricultural products (palm oil, tea, coffee
and pepper) have become the sticking point in India’s engagement
with the Association of South East Asian Nations (ASEAN) for a free
trade agreement (FTA). A feeling that India is vulnerable and would
in course of time succumb to pressure and further open up its market
seems to be gaining ground. Indeed, it is only logical that overseas
supplier countries such as Malaysia and Indonesia continue to
persuade India to further lower the customs duty on palm oil.
http://www.thehindubusinessline.com/
Evolving Economic Architecture in East
Asia
This paper examines how East Asia’s economic architecture has been
evolving over the last ten years and how it will shape itself in the
future. With the progress of market-driven economic integration, East
Asian economies have developed various cooperative initiatives for trade
and finance, including free trade agreements (FTAs), the Chiang Mai
Initiative, the Economic Review and Policy Dialogue, and the Asian Bond
Markets Initiative. The paper suggests policy directions for ………
http://www.adbi.org/files/dp84.evolving.economic.architecture.east.asia.pdf
Developmental
Issues
Grappling with the ‘Success trap’ in China
The rapid growth of China over the past three decades has brought about a
remarkable economic transformation. It has also brought with it major
problems, a “success trap” of a certain kind. The 17th congress of the
communist Party of china focused on how to climb out of this trap. The
17th congress of the Communist Party of China (CPC) which concluded its
week-long session on October 21 not only took stock of the many successes
China ………
http://www.epw.org.in/uploads/articles/11196.pdf
What is missing between agricultural growth and
infrastructure development? cases of coffee and dairy in Africa
Although it is commonly believed that aggregate economic growth must be
associated with public infrastructure stocks, the possible infrastructure needs
and effects are different from industry to industry. The agriculture sector is
typical. Various infrastructures would affect agriculture growth differently
depending on the type of commodity. This paper finds that a general transport
network is essential to promote coffee and cocoa production, perhaps ………
http://www-wds.worldbank.org/
Education and Health in G7 Countries: Achieving Better
Outcomes with Less Spending
Enhancing the efficiency of education and health spending is a key
policy challenge in G7 countries. The paper assesses this efficiency and seeks
to establish a link between differences in efficiency across countries and
policy and institutional factors. The findings suggest that reforms aimed at
increasing efficiency need to take into account the nature and causes of
inefficiencies. Inefficiencies in G7 countries mostly reflect lack of cost
effectiveness in acquiring real resources, such as teachers and pharmaceuticals.
http://www.imf.org/external/pubs/ft/wp/2007/wp07263.pdf
Sectoral Engines of
Growth in Developing Asia: Stylized Facts and Implications
This paper provides an analysis of developing Asia’s growth experience from
the point of view of its structural transformation during the last three
decades. The most salient feature of this transformation has been the
significant decrease in the share of agriculture and the parallel increase in
the share of services. The analysis uses Kaldor’s framework to discuss whether
industry plays the role of engine of growth in developing Asia. The empirical
results show first, that both industry and services ………
http://www.adb.org/Documents/ERD/Working_Papers/WP107.pdf
More growth or fewer
collapses? A new look at long run growth in Sub-Saharan Africa
Low and highly volatile growth define Africa’s growth experience. But there
is no evidence that growth volatility is associated to long term economic
performance. This result may be misleading if it suggests that volatility is not
important for economic and social progress. In this paper we use a variant of
the method developed by Hausmann, Pritchett, and Rodrik (2005) to identify both
growth acceleration and deceleration episodes in Africa between 1975 and 2005.
http://ideas.repec.org/p/wbk/wbrwps/4384.html
Call for
Publications
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experts publishing articles in South Asian newspapers/publications,
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organisations, research
institutes and academics, if you
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recipients all over the world) and added to the Economiquity
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Views expressed in these articles and papers are those of the respective
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