Trade Preference Erosion : Measurement and Policy Response
The multilateral trade system rests on the principle of nondiscrimination. The most-favored-nation (MFN) clause embodied in article one of the General Agreement on Tariffs and Trade (GATT) was the defining principle for a system that emerged in the post, Second World War era, largely in reaction to...
Guardado en:
| Autores principales: | , , |
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| Formato: | En linea |
| Idioma: | en_US |
| Publicado: |
Washington, DC: World Bank and Palgrave Macmillan
2012
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10986/9437 https://doi.org/10.1596/978-0-8213-7707-9 |
| _version_ | 1866367987212091392 |
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| author | Primo Braga, Carlos A. Hoekman, Bernard Martin, Will |
| author_facet | Primo Braga, Carlos A. Hoekman, Bernard Martin, Will |
| author_sort | Primo Braga, Carlos A. |
| collection | Colección Libros - Series (activas) |
| description | The multilateral trade system rests on the principle of nondiscrimination. The most-favored-nation (MFN) clause embodied in article one of the General Agreement on Tariffs and Trade (GATT) was the defining principle for a system that emerged in the post, Second World War era, largely in reaction to the folly of protectionism and managed trade that contributed to the global economic depression of the 1930s. From its origins, however, the GATT has allowed for exemptions from the MFN rule in the case of reciprocal preferential trade agreements. It also permits granting unilateral (nonreciprocal) preferences to developing countries. To provide some background for the debate on the potential extent and implications of preference erosion, the chapters in this volume review the value of preferences for beneficiary countries, assess the implications of preference erosion under different global liberalization scenarios, and discuss potential policy responses. One set of chapters focuses on the nonreciprocal preference schemes of individual industrial countries, particularly, Australia, Canada, Japan, the United States, and the member states of the European Union (EU). A second set of chapters considers sectoral features of these preference schemes, such as those applying to agricultural and nonagricultural products, and the important arrangements for textiles and clothing. A final set of chapters considers the overall effects of preferences and the options for dealing with preference erosion resulting from nondiscriminatory trade liberalization. |
| format | Online |
| id | wb-10986-9437 |
| institution | Banco Mundial |
| language | en_US |
| publishDate | 2012 |
| publisher | Washington, DC: World Bank and Palgrave Macmillan |
| record_format | dspace |
| spelling | wb-10986-94372025-04-16T07:43:22Z Trade Preference Erosion : Measurement and Policy Response Primo Braga, Carlos A. Hoekman, Bernard Martin, Will Agreement on Textiles General Agreement on Tariffs Generalized System of Preferences International Trade Commission multilateral trade liberalization nondiscriminatory trade preferential market access preferential access Rules of Origin tariff rate quotas trade barriers trade diversion trade liberalization trademarks Uruguay Round World Trade Organization WTO The multilateral trade system rests on the principle of nondiscrimination. The most-favored-nation (MFN) clause embodied in article one of the General Agreement on Tariffs and Trade (GATT) was the defining principle for a system that emerged in the post, Second World War era, largely in reaction to the folly of protectionism and managed trade that contributed to the global economic depression of the 1930s. From its origins, however, the GATT has allowed for exemptions from the MFN rule in the case of reciprocal preferential trade agreements. It also permits granting unilateral (nonreciprocal) preferences to developing countries. To provide some background for the debate on the potential extent and implications of preference erosion, the chapters in this volume review the value of preferences for beneficiary countries, assess the implications of preference erosion under different global liberalization scenarios, and discuss potential policy responses. One set of chapters focuses on the nonreciprocal preference schemes of individual industrial countries, particularly, Australia, Canada, Japan, the United States, and the member states of the European Union (EU). A second set of chapters considers sectoral features of these preference schemes, such as those applying to agricultural and nonagricultural products, and the important arrangements for textiles and clothing. A final set of chapters considers the overall effects of preferences and the options for dealing with preference erosion resulting from nondiscriminatory trade liberalization. 2012-08-08T20:03:48Z 2012-08-08T20:03:48Z 2009 978-0-8213-7707-9 https://hdl.handle.net/10986/9437 https://doi.org/10.1596/978-0-8213-7707-9 en_US Trade and Development; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank application/pdf Washington, DC: World Bank and Palgrave Macmillan |
| spellingShingle | Agreement on Textiles General Agreement on Tariffs Generalized System of Preferences International Trade Commission multilateral trade liberalization nondiscriminatory trade preferential market access preferential access Rules of Origin tariff rate quotas trade barriers trade diversion trade liberalization trademarks Uruguay Round World Trade Organization WTO Primo Braga, Carlos A. Hoekman, Bernard Martin, Will Trade Preference Erosion : Measurement and Policy Response |
| title | Trade Preference Erosion : Measurement and Policy Response |
| title_full | Trade Preference Erosion : Measurement and Policy Response |
| title_fullStr | Trade Preference Erosion : Measurement and Policy Response |
| title_full_unstemmed | Trade Preference Erosion : Measurement and Policy Response |
| title_short | Trade Preference Erosion : Measurement and Policy Response |
| title_sort | trade preference erosion measurement and policy response |
| topic | Agreement on Textiles General Agreement on Tariffs Generalized System of Preferences International Trade Commission multilateral trade liberalization nondiscriminatory trade preferential market access preferential access Rules of Origin tariff rate quotas trade barriers trade diversion trade liberalization trademarks Uruguay Round World Trade Organization WTO |
| url | https://hdl.handle.net/10986/9437 https://doi.org/10.1596/978-0-8213-7707-9 |
| work_keys_str_mv | AT primobragacarlosa tradepreferenceerosionmeasurementandpolicyresponse AT hoekmanbernard tradepreferenceerosionmeasurementandpolicyresponse AT martinwill tradepreferenceerosionmeasurementandpolicyresponse |