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Economic policy responses to preference erosion : from trade as aid to aid for trade

Trade preferences are a central issue in ongoing efforts to negotiate further multilateral trade liberalization. "Less preferred" countries are increasingly concerned about the discrimination they confront, while "more preferred" developing countries worry that WTO-based liberalization of trade will erode the value of current preferential access regimes. This tension suggests there is a political economy case for preference-granting countries to explicitly address erosion fears. The authors argue that the appropriate instrument for this is development assistance.

Link http://www-wds.worldbank.…64258546&theSitePK=523679
Author Hoekman. B., Prowse, S.
Date 01-Sep-2005
Institute World Bank
Tags WTO, trade, aid, development

See also

  1. The Intra-Industry Trade of the Czech Republic.
  2. A Wider Europe: Trade Relations Between an Enlarged EU and the Russian Federation
  3. Ukraine’s Foreign Trade Developments and Forecasts
  4. Introduction and summary to the Handbook of Trade Policy and WTO Accession for Development in Russia and the CIS
  5. Implementing a WTO agreement on trade facilitation : what makes sense ?

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