Publication:
Trade Preference Erosion : Measurement and Policy Response

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dc.contributor.authorPrimo Braga, Carlos A.
dc.contributor.authorHoekman, Bernard
dc.contributor.authorMartin, Will
dc.date.accessioned2012-08-08T20:03:48Z
dc.date.available2012-08-08T20:03:48Z
dc.date.issued2009
dc.description.abstractThe 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.en
dc.identifier.doi10.1596/978-0-8213-7707-9
dc.identifier.isbn978-0-8213-7707-9
dc.identifier.urihttps://hdl.handle.net/10986/9437
dc.language.isoen_US
dc.publisherWashington, DC: World Bank and Palgrave Macmillan
dc.relation.ispartofseriesTrade and Development;
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectAgreement on Textiles
dc.subjectGeneral Agreement on Tariffs
dc.subjectGeneralized System of Preferences
dc.subjectInternational Trade Commission
dc.subjectmultilateral trade liberalization
dc.subjectnondiscriminatory trade
dc.subjectpreferential market access
dc.subjectpreferential access
dc.subjectRules of Origin
dc.subjecttariff rate quotas
dc.subjecttrade barriers
dc.subjecttrade diversion
dc.subjecttrade liberalization
dc.subjecttrademarks
dc.subjectUruguay Round
dc.subjectWorld Trade Organization
dc.subjectWTO
dc.titleTrade Preference Erosion : Measurement and Policy Responseen
dspace.entity.typePublication
okr.crosscuttingsolutionareaPublic-Private Partnerships
okr.date.disclosure2012-08-08
okr.doctypePublications & Research::Publication
okr.doctypePublications & Research
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeGovernance
okr.globalpracticeTrade and Competitiveness
okr.globalpracticeTrade and Competitiveness
okr.guid866991468163170618
okr.identifier.doi10.1596/978-0-8213-7707-9
okr.identifier.report48339
okr.language.supporteden
okr.peerreviewAcademic Peer Review
okr.topicMacroeconomics and Economic Growth::Economic Theory & Research
okr.topicPrivate Sector Development::Emerging Markets
okr.topicInternational Economics and Trade::Free Trade
okr.topicInternational Economics and Trade::Trade Policy
okr.topicLaw and Development::Trade Law
okr.topicInternational Economics and Trade
okr.topicLaw and Development
okr.topicPrivate Sector Development
okr.topicMacroeconomics and Economic Growth
okr.unitDevelopment Research Group (DECRG)
relation.isAuthorOfPublication49a06ad1-63d4-5c3a-8b66-c6c3009e9cdf
relation.isAuthorOfPublicationd6af18a6-3a50-5065-99ee-20853402f262
relation.isAuthorOfPublication.latestForDiscoveryd6af18a6-3a50-5065-99ee-20853402f262
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