Débâcle: The 11th GTA report on protectionism

Simon J Evenett 14 June 2012

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In recent weeks official bodies such as the World Trade Organisation and the European Commission as well as leading private sector associations – the International Chamber of Commerce (ICC) and the so-called B20 group of business leaders – have made strong statements concerning rising protectionism in the run up to the G20 summit in Los Cabos, Mexico.

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Topics:  Institutions and economics Politics and economics

Tags:  WTO, European Commission, Global Trade Alert, ICC

Why do trade negotiations take so long?

Christoph Moser, Andrew K Rose 08 June 2012

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There is widespread agreement among economists that trade liberalisation is best conducted at the multilateral level. Indeed, facilitating multilateral negotiations is one of the primary objectives of the World Trade Organisation (WTO), as it was with its predecessor the General Agreement on Tariffs and Trade (GATT). By way of contrast, regional trade agreements (RTAs) may create some trade, but they also have the potential to harmfully divert it.

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Topics:  International trade

Tags:  WTO, Doha Round, regional trade agreements

Resource trade: Policy and policy reform

Michele Ruta, Anthony Venables 21 April 2012

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Resource trade is once again in the spotlight. Oil prices are up 14% since the beginning of the year, creating new concerns for the recovery of the global economy (Annunziata 2012). In March, the governments of Japan, the EU and the US filed a new dispute at the WTO with respect to China's restrictions on the exports of rare earths (WTO 2012). This week, tensions spurred over the decision of the Argentinian government to renationalize the oil company YPF, ousting the Spanish group Repsol (Financial Times 2012).

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Topics:  Energy International trade

Tags:  WTO, oil, natural resources

Trade, Competition, and the Pricing of Commodities

Simon J Evenett, Frédéric Jenny,

Date Published

Wed, 02/15/2012

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Trade, Competition, and the Pricing of Commodities

Edited by Simon J. Evenett and Frédéric Jenny

15 February 2012

Download the PDF here.

 

Tags
WTO, Commodity prices, food prices, Cartels, CEPR, CUTS

Effects of exchange-rate misalignments on tariffs

Vera Thorstensen, Lucas Ferraz, Emerson Marçal 04 December 2011

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The subject of currency wars and trade wars is gradually gathering interest among scholars and public opinion. In the face of the magnitude of present misalignments and their clear impacts on trade, one may wonder why and how this issue is absent from trade rules and multilateral trade negotiations at the WTO in Geneva.

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Topics:  Exchange rates International trade

Tags:  WTO, tariffs, exchange-rate misalignment

Market-economy status for China is not automatic

Bernard O’Connor 27 November 2011

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In EU trade-defence law (antidumping and anti-subsidies), there is provision for different treatment between those exporting countries which are considered to have the status of being a market economy and those which are not. If a country does not have market-economy status it is easier to construct the normal value of the exported goods. The constructed normal value will normally be based on costs and prices from outside the exporting country and thus are likely to be higher.

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Topics:  Global governance International trade

Tags:  China, WTO, antidumping

Ten years of Doha: What to show and what to look forward to

Lionel Fontagné 25 November 2011

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By June 2011, as negotiations on the Doha Development Agenda (DDA) were confronted by the seemingly irresolvable problem of sectoral initiatives in industrial goods, it was still hoped that agreement could be reached on a ‘least developed Countries (LDC) plus’ package including trade facilitation.1 Currently, this looks to be in doubt, despite the eighth WTO Ministerial Conference in December 2011 being expected to discuss a more productive way forward in the negotiations.

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Topics:  International trade

Tags:  WTO, Doha Development Agenda

What next for the WTO: Challenges for the WTO's eighth ministerial conference

John Weekes 23 November 2011

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In thinking about preparations for the WTO's critical eighth Ministerial Conference in Geneva in mid-December, we should think about the nature of the WTO, how it has evolved, and take a careful look at the challenges that lie ahead.

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Topics:  International trade

Tags:  WTO, Doha Round, trade negotiations

Unfinished business? The WTO’s Doha Development Agenda

Aaditya Mattoo, Will Martin 08 November 2011

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The recent G20 communiqué on the Doha Development Agenda (DDA) marks a significant departure from past endorsements and exhortations (Bhagwati and Sutherland 2011). The communiqué acknowledges that “…it is clear that we will not complete the DDA if we continue to conduct negotiations as we have in the past…we need to pursue in 2012 fresh, credible approaches to furthering negotiations, including the issues of concern for Least Developed Countries and, where they can bear fruit, the remaining elements of the DDA mandate.

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Topics:  International trade

Tags:  WTO, Doha Round, Doha Development Agenda

Unfinished Business? The WTO's Doha Agenda

Aaditya Mattoo, Will Martin,

Date Published

Tue, 11/08/2011

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Unfinished Business? The WTO's Doha Agenda

Edited by Will Martin and Aaditya Mattoo

Download the PDF here.

Read a Vox column by the editors summarising the findings of the volume here.

Tags
WTO, Doha Round

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