Download or read book Growth Globalization and the Gains from the Uruguay Round written by and published by World Bank Publications. This book was released on 1996 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Growth Globalization and Gains from the Uruguay Round written by Thomas Warren Hertel and published by . This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: June 1996 Emphasizing the importance of evaluating the Uruguay Round in the context of a changing world economy, the authors base their projections on a model that incorporates certain economic shifts: 1) that the center of economic gravity will shift toward the South and toward Asia (a shift that is already under way and shows no signs of abating), and 2) that the pattern of comparative advantage will continue to change, with the East Asian economies gaining comparative advantage in the production of physical and human-capital-intensive products. The authors argue that these changes in the global economy significantly affect their analysis of the Uruguay round reforms, for two reasons. First, with the global distribution of trade and production shifting toward Asia, the deeper Uruguay Round cuts in that region become more important, giving rise to a 17 percent increase in the proportionate welfare gain after implementation of tariff cuts. Second, without the Round, almost all of the bilateral quotas associated with the Multifibre Arrangement (MFA) would have become more binding and the resulting distortion would have been significantly greater. In this analysis, the global gain from MFA reform is 60 percent greater than it would have been without taking into account the effects of growth. Of course, procedures for implementation of the MFA reforms are more complex than they have conveyed for purposes of analysis. In practice, one must also consider the impact of accel quota growth under the Agreement on Textiles and Clothing. But even when the Agreement on Textiles and Clothing is implemented over the period for which projections were made, quota rents rise for many bilateral flows. This is a consequence both of shifts in comparative advantage toward the supplying countries and of simultaneous cuts in tariffs on textiles and clothing. The projections approach used here may be viewed as a logical extension of the growing econometric literature seeking to explain the determinants of economic growth through regression analysis. By offering a bridge between econometric evidence and computable general equilibrium modeling, the authors hope to combine the two approaches to help shed light on the interaction between trade reform and economic growth.
Download or read book Growth Globalization and Gains from the Uruguay Round written by Thomas W. Hertel and published by . This book was released on 2016 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Emphasizing the importance of evaluating the Uruguay Round in the context of a changing world economy, the authors base their projections on a model that incorporates certain economic shifts: 1) that the center of economic gravity will shift toward the South and toward Asia (a shift that is already under way and shows no signs of abating), and 2) that the pattern of comparative advantage will continue to change, with the East Asian economies gaining comparative advantage in the production of physical and human-capital-intensive products. The authors argue that these changes in the global economy significantly affect their analysis of the Uruguay round reforms, for two reasons. First, with the global distribution of trade and production shifting toward Asia, the deeper Uruguay Round cuts in that region become more important, giving rise to a 17 percent increase in the proportionate welfare gain after implementation of tariff cuts. Second, without the Round, almost all of the bilateral quotas associated with the Multifibre Arrangement (MFA) would have become more binding and the resulting distortion would have been significantly greater. In this analysis, the global gain from MFA reform is 60 percent greater than it would have been without taking into account the effects of growth. Of course, procedures for implementation of the MFA reforms are more complex than they have conveyed for purposes of analysis. In practice, one must also consider the impact of accel quota growth under the Agreement on Textiles and Clothing. But even when the Agreement on Textiles and Clothing is implemented over the period for which projections were made, quota rents rise for many bilateral flows. This is a consequence both of shifts in comparative advantage toward the supplying countries and of simultaneous cuts in tariffs on textiles and clothing. The projections approach used here may be viewed as a logical extension of the growing econometric literature seeking to explain the determinants of economic growth through regression analysis. By offering a bridge between econometric evidence and computable general equilibrium modeling, the authors hope to combine the two approaches to help shed light on the interaction between trade reform and economic growth.
Download or read book The Free Trade Adventure written by Graham Dunkley and published by Melbourne University. This book was released on 1997 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 1994 Uruguay Round agreement of the General Agreement on Tariffs and Trade has been heralded as one of the greatest trade agreements in history. However, to some observers it is the road to economic, social and environmental ruin, while to others it represents little more than the creation of a world-dominating bureaucracy which will be controlled entirely by giant transnational corporations. This text outlines the social, political and economic climate in which the 7-year Uruguay Round negotiations took place. It examines the implications and likely outcomes of the round in the wider context of the contemporary thrust towards global free trade and economic globalization.
Download or read book Market Growth Structural Change and the Gains from the Uruguay Round written by Christian Friis Bach and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Market growth and structural changes will affect the results of quantitative analyses of the Uruguay Round. Rapid economic growth in Asia and relatively deeper cuts in protection in that region, result in larger proportionate welfare gains in the year 2005 than in the year 1992. We also find that changing comparative advantage and shifts in global demand result in substantial changes in the restrictive effects of the bilateral quotas on textiles and apparel. Accounting for the factors associated with market growth and structural change adds 30% to our estimates of global welfare gains from the Uruguay Round.
Download or read book Comparative Advantage Growth and the Gains from Trade and Globalization written by Robert M. Stern and published by World Scientific. This book was released on 2011 with total page 716 pages. Available in PDF, EPUB and Kindle. Book excerpt: Alan Deardorff was 65 years old on June 6, 2009. To celebrate this occasion, a Festschrift in his honor was held on October 2OCo3, 2009, in the Rackham Amphitheater at the University of Michigan in Ann Arbor. The Festschrift was entitled OC Comparative Advantage, Economic Growth, and the Gains from Trade and Globalization: A Festschrift in Honor of Alan V Deardorff.OCO It was co-organized by two of Professor Deardorff''s former students, Drusilla Brown of Tufts University and Robert Staiger of Stanford University, together with Robert Stern representing the University of Michigan. The first day of the Festschrift involved a series of panels in which invited participants reflected on Professor Deardorff''s contributions, including his writings on: comparative advantage; trade and growth; the gains from trade and globalization; and computational modeling and trade policy analysis. The panel participants prepared written comments, setting out their evaluation of Professor Deardorff''s contributions combined with their own thoughts on the current state of knowledge and analysis of the particular topic. At the end of the first day, Paul Krugman of Princeton University and The New York Times delivered a Citigroup Foundation Special Lecture entitled OC Reflections on Globalization: Yesteryear and Today.OCO All of these papers and Krugman''s lecture are contained in the volume."
Download or read book The Uruguay Round written by European Commission and published by . This book was released on 1994 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Assessing the Effects of the Uruguay Round written by OECD Trade Directorate and published by . This book was released on 1993 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Uruguay Round written by Craig Elwell and published by . This book was released on 1993 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Developing Countries in the World Trading System written by Ramesh Adhikari and published by Edward Elgar Publishing. This book was released on 2002 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contains ten papers which examine the achievements of the Uruguay Round of trade negotiations in reforming the world trading system and the challenges to the future reforms.
Download or read book Uruguay Round written by and published by . This book was released on 1994 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book U S Trade Objectives in the Uruguay Round written by and published by . This book was released on 1988 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economic Effects of the Uruguay Round written by Alan V. Deardorff and published by . This book was released on 1994 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Uruguay Round written by Will Martin and published by World Bank Publications. This book was released on 1995-01-01 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a synopsis of the papers, feedback, and discussion from the World Bank's sec conference on the Uruguay Round and the developing economies held January 1995.
Download or read book The Uruguay Round and Beyond written by John Whalley and published by . This book was released on 1989 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was formally part of the Studies in International Trade Policy Series, now called Studies in International Economics.
Download or read book Gains from Global Linkages written by Bimal Ghosh and published by Springer. This book was released on 1997-05-13 with total page 183 pages. Available in PDF, EPUB and Kindle. Book excerpt: The growth of the services sector in developing countries and their increased participation in trade in services have far-reaching implications for promotion of employment and income and management of international migration. The book brings out these implications in the context of the Uruguay Round Agreement on Trade in Services (GATS) and explains how trade-related temporary movements of persons can be a partial substitute for longer-term migration, serving the interests of both developed and developing countries in a more efficient global economy.
Download or read book The Uruguay Round written by Jeffrey J. Schott and published by Peterson Institute for International Economics. This book was released on 1994 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Uruguay Round was an important set of multilateral trade negotiations, with far-rearching implications for world growth and trade. This is a concise analysis of the key provisions and economic implications of the Final Act of the Uruguay Round of the GATT Agreement.
