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

How much difference will the EU’s new GSP scheme make?

Javier López González, Michael Gasiorek 30 July 2011

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The WTO encourages members to charge lower tariffs on imports from poor nations to “benefit the economic development of developing and least developed countries”. The EU has always maintained such a policy – known as a Generalised System of Preferences (GSP). Recently, it has announced a revision aimed at bringing its practices more in line with global realities.

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Topics:  Development EU policies International trade

Tags:  trade policy, WTO, Generalised system of preferences

Preferential trade agreements and the WTO

Nadia Rocha, Robert Teh 21 July 2011

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Participation in preferential trade agreements (PTAs) has grown rapidly in recent years. In 1990, there were only about 70 PTAs in force. Thereafter, PTA activity accelerated noticeably; by 2010 the number of PTAs in force was close to 300 (see Figure 1). The average WTO member is party to 13 PTAs. PTA activity has transcended regional boundaries and levels of economic development. One half of the PTAs currently in force are not strictly "regional" with the advent of cross-regional PTAs being particularly pronounced in the last decade.

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Topics:  Global governance International trade

Tags:  WTO, Doha Round, preferential trade agreements, regionalism

Can the WTO be decoupled from the Doha round?

Ujal Singh Bhatia 25 June 2011

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In recent weeks, there has been a spate of comments about the damage the Doha Round is causing to the WTO (see for example Rodrik 2011 and Schwab 2011). Such comments inevitably lead to a call for building a firewall between the two to enable the WTO to get on with the rest of its business. But can such a decoupling be achieved in practical terms? To answer this question, it is essential to delve into the political context of the impasse in the WTO.

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Topics:  Frontiers of economic research International trade

Tags:  WTO, Doha Round

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