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Book Eliminating Excessive Tariffs on Exports of Least Developed Countries

Download or read book Eliminating Excessive Tariffs on Exports of Least Developed Countries written by Bernard M. Hoekman and published by World Bank Publications. This book was released on with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: Average most-favored-nation tariffs in the "Quad" (Canada, the European Union, Japan, and the United States) have fallen to about 5 percent. But tariffs more than three times the average most-favored-nation duty are not uncommon in the Quad and have a disproportionate effect on exports of least developed countries. Giving the poorest countries duty-free access for peak-tariff products would increase their total annual exports by roughly $2.5 billion.

Book Eliminating Excessive Tariffs on Exports of Least Developed Countries

Download or read book Eliminating Excessive Tariffs on Exports of Least Developed Countries written by Bernard M. Hoekman and published by . This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: May 2001 Average most-favored-nation tariffs in the "Quad" (Canada, the European Union, Japan, and the United States) have fallen to about 5 percent. But tariffs more than three times the average most-favored-nation duty are not uncommon in the Quad and have a disproportionate effect on exports of least developed countries. Giving the poorest countries duty-free access for peak-tariff products would increase their total annual exports by roughly $2.5 billion. Most goods imported from developing countries enter Quad markets duty-free, and average tariffs in Quad markets are very low. But tariffs for some commodities are over 100 percent. Such "tariff peaks" are often concentrated in products developing countries want to export: agricultural and food products--especially such staples as sugar, cereals, and fish; fruits and vegetables; food products with a high sugar content; and tobacco and alcoholic beverages--and products from such labor-intensive sectors as apparel and footwear. Giving least developed countries full duty- and quota-free access in the Quad for peak-tariff products would increase their total annual exports by 11 percent--or roughly $2.5 billion. Exports to Quad countries of peak-tariff products would expand by 30-60 percent. Considering that peak-tariff items account for only a small share of developing countries' exports, granting least developed countries duty-free access would have only a negligible impact on other developing countries. For the same reason, Quad imports increase only marginally, suggesting that this factor should not constrain implementation of duty-free access for the poorest countries. This paper--a product of Trade, Development Research Group--is part of a larger effort in the group to analyze impediments to developing country export growth. The authors may be contacted at [email protected], [email protected], or [email protected].

Book Eliminating Excessive Tariffs on Exports of Least Developed Countries

Download or read book Eliminating Excessive Tariffs on Exports of Least Developed Countries written by Bernard Hoekman and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Although average OECD tariffs on imports from the least developed countries are very low; tariffs above 15 percent (peaks) have a disproportional effect on their exports. Products subject to tariff peaks tend to be heavily concentrated in agriculture and food products and labor-intensive sectors, such as apparel and footwear. Although the least developed countries benefit from preferential access, preferences tend to be smallest for tariff peak products. A major exception is the European Union, so that the recent European initiative to grant full duty-free and quota-free access for the least developed countries (the so-called Everything But Arms initiative) will result in only a small increase in their exports of tariff peak items (less than 1 percent of total exports). However, as preferences are less significant in other major OECD countries, a more general emulation of the European Union initiative would increase the least developed countries' total exports of peak products by US $2.5 billion (11 percent of total exports). Although almost half of this increase is at the expense of other developing country exports, this represents less than 0.05 percent of their total exports. This trade diversion can be avoided by reducing tariff peaks to a uniform 5 percent applied on a nondiscriminatory basis. However, such a reform would imply no gains for the least developed countries, suggesting that the globally welfare-superior policy of nondiscriminatory elimination of tariff peaks should be complemented by greater direct assistance to poor countries.

Book Developed Country Trade Barriers and the Least Developed Countries

Download or read book Developed Country Trade Barriers and the Least Developed Countries written by Jon D. Haveman and published by . This book was released on 2003 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Is There Effectively a Level Playing Field for Developing Country Exports

Download or read book Is There Effectively a Level Playing Field for Developing Country Exports written by Erich Supper and published by United Nations Publications. This book was released on 2001 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication investigates the extent to which progress in reducing impediments and distortions to trade has leveled the playing field for developing country exports. It also looks into whether, and how, critical measures and disparities in post- Uruguay Round practice are actually dealt with by the international trading framework.

Book The Role of Trade in Ending Poverty

Download or read book The Role of Trade in Ending Poverty written by World Bank Group and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trade will have an important role at the global level in generating the growth necessary for reducing extreme poverty to 3 percent and boosting prosperity for the poorest 40 percent by 2030. To identify the most important challenges that exist in maximizing the positive impact of trade on poverty, we need to understand who the poor are, where they are, and what economic activities they undertake. To this end, the study highlights particularly relevant dimensions of poverty: rural poverty in remote areas, informality, fragile and conflict situations, and women. For each of these issues, this study considers the main traderelated barriers and challenges, along with policy responses to address them. It shows the importance of the multilateral trading system and of the Doha Round, as well as the important role of the WBG and WTO in promoting coherence and implementing trade policies in a way that delivers the greatest possible benefits for the poor.

Book The Least Developed Countries and World Trade

Download or read book The Least Developed Countries and World Trade written by Stefan de Vylder and published by . This book was released on 2007 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Least Developed Countries Report 2013

Download or read book The Least Developed Countries Report 2013 written by United Nations and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Least Developed Countries Report 2013 analyses the employment challenge of the Least Developed Countries (LDCs). Demographic projections indicate that around 225 million people in LDCs will be entering the labour force until 2030. Hence, creating sufficient and decent employment opportunities for all will be a real challenge. However, recent experience shows that the link between growth and employment in LDCs is not automatic. The LDC Report 2013 aims to raise awareness and galvanize the attention of policymakers to the magnitude of the problem. It also reviews and analyses recent labour market performance of the LDCs, compares it with the future needs in relation to job creation, and elaborates concrete policy recommendations for growth with employment.

Book WTO Negotiations and Agricultural Trade Liberalization

Download or read book WTO Negotiations and Agricultural Trade Liberalization written by Eugenio Díaz-Bonilla and published by CABI. This book was released on 2006 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this book is to analyze the effects of developed countries' agricultural policies on developing countries. The main focus is on food security, poverty and other topics such as multifunctionality, biotechnology and regional agreements, as an input to policy reform within the World Trade Organization (WTO) trade negotiations. The book arises from a joint project between the Food and Resource Economics Institute in Denmark and the International Food Policy Research Institute in Washington.

Book Reshaping the Asia Pacific Economic Order

Download or read book Reshaping the Asia Pacific Economic Order written by Christopher Findlay and published by Routledge. This book was released on 2004-08-02 with total page 399 pages. Available in PDF, EPUB and Kindle. Book excerpt: Relationships and alignments among the nations of the world’s most populous and productive region, the Asia Pacific, are in flux. Current global political, economic and security uncertainty, heightened by 9/11 and the subsequent War on Terror, has fuelled a reassessment by many Asia Pacific nations about the structure and form of future economic and political cooperation and development. Featuring contributions from some of the most eminent and influential economists and political scientists in the Asia Pacific region, this book explores the forces reshaping the Asia Pacific economic order, and where these changes may lead. Focusing on the origins of the shift towards policy driven integration, the book examines what new structures may eventually emerge on both sides of the Pacific, the ways in which this shift will affect the progress of economic integration and how cross-Pacific relations will therefore be affected.

Book Policy Responses to Trade Preference Erosion

Download or read book Policy Responses to Trade Preference Erosion written by Chris Milner and published by Commonwealth Secretariat. This book was released on 2010 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: A study that looks at how best developing countries should respond to the erosion of trade preferences caused by continuing multilateral tariff liberalisation, either through restructuring individual preference arrangements or by acting to offset the adverse effects of preference erosion.

Book The Doha Round of Multilateral Trade Negotiations

Download or read book The Doha Round of Multilateral Trade Negotiations written by D. Das and published by Springer. This book was released on 2005-06-15 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: The focus of this book is the on-going Doha Round of multilateral trade negotiations, which is endeavouring to further liberalize trade in goods and services. Trade theory supports the view that elimination of trade barriers benefits both importing and exporting economies, and therefore is a win-win game for all the one hundred and forty-eight members of the World Trade Organization. A successful Doha Round is sure to have far-reaching ramifications for the global economy.

Book What Do We Know About Globalization

Download or read book What Do We Know About Globalization written by Guillermo de la Dehesa and published by John Wiley & Sons. This book was released on 2009-02-04 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: What Do We Know About Globalization: Issues of Poverty & Income Distribution examines the two fundamental arguments that are often raised against globalization: that it produces inequality and that it increases poverty. A lively and accessible argument about the impact and consequences of globalization from a leading figure in economics - Dehesa is Chairman of the Centre for Economic Policy Research and a member of the Group of Thirty Demonstrates the ways in which wealthy nations and developing countries alike have failed to implement changes that would result in a reversal of these social ills Dispels the notion of the so-called 'victim of globalization', demonstrating how, despite popular belief, acceleration of globalization actually stands to reduce the levels of poverty and inequality worldwide Asks whether increased technological, economic, and cultural change can save us from international income inequality, and by extension, further violence, terrorism and war

Book Are We on Track to Achieve the Millennium Development Goals

Download or read book Are We on Track to Achieve the Millennium Development Goals written by François Bourguignon and published by World Bank Publications. This book was released on 2005-01-01 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication contains selected papers from the 6th annual European conference, held in Brussels, Belgium in May 2004, which brought together 400 scholars and policymakers from 70 countries involved in international development issues. The conference discussions focused on the progress being made towards the Millennium Development Goals, including examining four key aspects that link developed and developing countries, relating to flows of people, capital, aid and trade.

Book Globalization and the Challenge for Developing Countries

Download or read book Globalization and the Challenge for Developing Countries written by Shahid Yusuf and published by World Bank Publications. This book was released on 2001 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive approach to globalization, managed and abetted by good policies, can magnify the effects of growth-promoting measures.