Industrial policy and productivity: The case of import quota removal during post-war Japan

Kozo Kiyota, Tetsuji Okazaki, 6 January 2014

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Quantifying the effects of industrial policies is one of the most important research issues in various fields of economics.1 One of the most controversial industrial policies is the Japanese policy during the post-war period.2 The controversy arises because the success of some of the Japanese industrial policies has been used to justify

Topics: Industrial organisation, International trade
Tags: industrial policy, Japan, quotas, tariffs

AGOA rules: The intended and unintended consequences of special fabric provisions

Lawrence Edwards, Robert Z. Lawrence, 20 November 2013

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The US and EU often claim credit for granting duty-free quota-free access to products from the least developed countries. Such preferential treatment is of interest not only because it might provide one-time benefits in the form of higher incomes and increased employment, but also because trade is often associated with dynamic benefits that lead to faster growth and development.

Topics: Development, International trade
Tags: Africa, development, quotas, tariffs

Will the WTO Bali conference advance the Doha Round and Asia?

Matthias Helble, Ganeshan Wignaraja , 13 November 2013

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Trade negotiators from Asia and elsewhere are locked in intense negotiations to lay the platform for a Doha trade deal at the WTO Ministerial Conference in Bali, Indonesia, 3–6 December 2013.

Topics: Global governance, International trade
Tags: Asia, Bali, Doha, food security, tariff-quota administration, tariffs, trade, trade facilitation, WTO

‘No gain without pain’: Antidumping protection hurts exports

Hylke Vandenbussche, Jozef Konings, 30 January 2013

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Protection is often viewed as a powerful instrument to help domestic firms to raise their sales at the expense of foreign importers. But this view is now being challenged by recent research showing that the effects of protection really depend on the international orientation of the firms i.e. whether they are exporters or not.

Topics: International trade
Tags: EU, France, global value chains, protectionism, tariffs, trade

Effects of exchange-rate misalignments on tariffs

Vera Thorstensen, Lucas Ferraz, Emerson Marçal, 4 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.

Topics: Exchange rates, International trade
Tags: exchange-rate misalignment, tariffs, WTO

Determinants of trade-policy responses to the 2008 financial crisis

Kishore Gawande, Bernard Hoekman, Yue Cui, 10 November 2011

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The “Great Trade Collapse” that occurred between the second quarter of 2008 and the third quarter of 2009 was the steepest fall of world trade in recorded world history. Despite the trade collapse, the 2008 crisis and its recessionary aftermath did not fuel widespread protectionism.

Topics: International trade
Tags: protectionism, tariffs, vertical specialisation

Corruption and its impact on trade: Extortion or evasion?

Pushan Dutt, Daniel Traça, 25 June 2009

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In 2008, the World Bank allocated $4.4 billion for improving public sector governance in various countries and projects across the world. This equals an impressive 18.8% of total World Bank lending.

Topics: International trade
Tags: Corruption, evasion, extortion, tariffs

The Doha Round: A safety net in stormy weather

David Laborde Debucquet, Antoine Bouët, 14 May 2009

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The current financial crisis has fostered a demand for protectionism, and could lead to new trade barriers as occurred after the October 1929 crisis. A parallel can easily be drawn between the current situation and the one that existed then.

Topics: International trade
Tags: Doha Round, protectionism, tariffs

Trade protection: Incipient but worrisome trends

Richard Newfarmer, Elisa Gamberoni, 4 March 2009

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With the global economy teetering on the abyss of severe recession, political pressures demanding import protection to protect employment are surfacing with increasing intensity around the world.

Topics: International trade
Tags: anti-dumping, non-tariff barriers, protectionism, subsidies, tariffs

Many trade barriers remain high in the EU

Natalie Chen, Dennis Novy, 27 January 2009

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Establishing why some countries trade considerably less than others is one of the most important items on the agenda of international economists. A deeper understanding of the factors that impede international trade is important because it would enable a better evaluation of their welfare costs.

Topics: International trade
Tags: EU 50th anniversary, gravity model, tariffs, technical barriers to trade

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