Ukraine’s trade policy: Addressing supply-chain frictions

Bernard Hoekman, Jesper Jensen, David Tarr 29 November 2013

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On November 21 2013, Ukraine suspended preparations for signing the Deep and Comprehensive Free Trade Agreement (DCFTA) with the European Union (EU) at the Third EU-Eastern Partnership Summit in Vilnius on November 28-29. In 2010, the Russian Federation, Belarus and Kazakhstan formed the Eurasian Customs Union (ECU) and have invited Ukraine to become a member. This has become a politically charged issue, generating great uncertainty that is likely to have negative consequences for investment and economic activity (see Handley and Limão 2013, Shepotylo 2013).

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Topics:  EU institutions International trade

Tags:  WTO, barriers to trade, FTAs, global supply chain, Ukraine

Can FTAs support ‘Factory Asia’?

Jayant Menon 14 May 2013

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Free trade agreements (FTAs) have been proliferating in Asia for more than a decade. Production networks and the product-fragmentation trade that they generate have been growing for a much longer period. In fact, since ‘Factory Asia’ emerged, well before FTAs (Baldwin 2008). They are clearly not necessary for the formation of production networks, but can they support production networks’ further growth and/or spread?

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Topics:  International trade

Tags:  barriers to trade, free trade agreements, production fragmentation, global supply chain

Reinvigorating the trade policy agenda: Think supply chain!

Bernard Hoekman, Selina Jackson 23 January 2013

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International supply chains have become a fundamental feature of global commerce, with goods being processed – and value being added – in the multiple countries that are part of the chain.

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Topics:  Global governance International trade

Tags:  barriers to trade, SMEs, global supply chain, small and medium-sized enterprises

Non-tariff measures and the WTO

Marc Bacchetta, Cosimo Beverelli 31 July 2012

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Data limitations make it difficult to document general trends in the use of non-tariff measures. Nevertheless, WTO internal sources of information suggest that the incidence of ‘public policy’ measures – that is, technical barriers to trade (TBT) and sanitary and phytosanitary (SPS) measures – has been on the rise (on this and other protectionist measures see Evenett 2012).

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Topics:  International trade

Tags:  WTO, barriers to trade, GATT, protectionism, non-tariff measures

Entry regulation: Still costly

Markus Poschke 29 January 2011

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For most affected countries, the recent European debt crisis at its root is also a growth crisis. It is then only appropriate that structural reforms and deregulation be still on the agenda. For instance, costs due to entry regulation are still relatively high in some continental European countries, with large knock-on effects on aggregate output and productivity.

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Topics:  International trade Microeconomic regulation

Tags:  barriers to trade, protectionism

Freedoms, rules and services markets integration

Giuseppe Bertola 27 June 2007

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The Treaties establishing the European Community (EC) provide for freedoms of movement aimed at depriving member countries’ governments of the power to restrain cross-border economic interactions.  Prohibiting all barriers to movement and trade (or “negative integration”) yields a single market, which may or may not be characterised by “free and undistorted competition,” but certainly does require a single-policy framework.

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Topics:  International trade

Tags:  barriers to trade, Bolkenstein Directive

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