Download or read book The Trade Impact of European Union Preferential Policies written by Luca De Benedictis and published by Springer Science & Business Media. This book was released on 2011-06-21 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book investigates the EU preferential trade policy and, in particular, the impact it had on trade flows from developing countries. It shows that the capability of the "trade as aid" model to deliver its expected benefits to these countries crucially differs between preferential schemes and sectors. The book takes an eclectic but rigorous approach to the econometric analysis by combining different specifications of the gravity model. An in-depth presentation of the gravity model is also included, providing significant insights into the distinctive features of this technique and its state-of-art implementation. The evidence produced in the book is extensively applied to the analysis of the EU preferential policies with substantial suggestions for future improvement. Additional electronic material to replicate the book's analysis (datasets and Gams and Stata 9.0 routines) can be found in the Extra Materials menu on the website of the book.

Download or read book The European Union s Trade Policies and their Economic Effects written by OECD and published by OECD Publishing. This book was released on 2000-11-20 with total page 131 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book retraces the Communities external liberalisation efforts, and discusses, where relevant, the repercussions of internal liberalisation on foreign competitors.

Download or read book A Geo Economic Turn in Trade Policy written by Johan Adriaensen and published by Springer Nature. This book was released on 2022-02-05 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contemporary trade policy is increasingly framed in geo-strategic terms. But how much of that rhetoric is reflected in actual policy choices by the EU or its trading partners? This book provides a first systematic study of the broader international context in which EU trade agreements are conceived, negotiated, and designed. Building on a refined conceptualisation of geo-economics, the book develops a cogent framework that combines insights from scholarship on the design of free trade agreements with ideas from foreign policy analysis. Empirically, the analysis focuses on the relations between the EU and the Asia-Pacific. Following the United States’ pivot to Asia and the EU’s Global Europe strategy, China’s backyard has become the main arena in which global powers’ geo-economic strategies overlap. Building on a series of case-studies, combining the perspectives from the EU and its trading partners, the book shows that the rhetoric of geo-economic competition is yet to catch up with the actual negotiation and design of free trade agreements. This volume will be of great interest to scholars, students and practitioners who want to gain a holistic understanding of contemporary trade negotiations.

Download or read book The European Union s Trade Policies and Their Economic Effects written by Peter Hoeller and published by Organisation for Economic Co-operation and Development. This book was released on 1998 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: I. Progress Towards Freer Trade: An Overview -- Internal integration improves access of third countries -- An expanding network of regional trade arrangements -- Multilateral liberalisation has kept momentum -- II. The Currrent Trade Regime in International Comparison -- -Tariff barriers are losing in importance -- Greater transparency of non-tariff barriers -- Agricultural protection remains high -- Services are undergoing major liberalisation and e-commerce takes off -- Cross-border competition issues receive more attention -- Harmonisation of standards: a response to increasing technical barriers to trade -- The EU's market access strategy -- III. Economic Effects of Trade Liberalisation -- -Eyeballing trade indicators -- Trade creation and trade diversion -- Investment and trade liberalisation -- Trade and growth -- Trade and employment -- IV. The Future Agenda -- -Cooperation on trade-related issues -- Deepening regional integration -- The multilateral agenda -- Notes -- Glossary of terms and acronyms -- Bibliography -- Annex I. The Institutional Framework and Treaty Provisions -- Annex II. Trade and Growth in the European Union.

Download or read book Global Politics and EU Trade Policy written by Wolfgang Weiß and published by Springer Nature. This book was released on 2020-02-24 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores how the European Union designs its trade policy to face the most recent challenges and to influence global policy issues. It provides with an interdisciplinary perspective, by combining legal, political, and economic approaches. It studies a broad set of trade instruments that are used by the EU in its trade policy, such as: trade agreements, multilateral initiatives, unilateral trade policies, as well as, internal market tools. Therefore, the contributions to this volume present the EU’s Trade Policy through different lenses providing a complex view of it.

Download or read book Integrating the Least Developed Countries into the World Trading System written by Paul Brenton and published by . This book was released on 2016 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trade preferences are a key element in industrial countries' efforts to assist the integration of least developed countries (LDCs) into the world economy. Brenton provides an initial evaluation of the impact of the European Union's recently introduced quot;Everything but Armsquot; (EBA) initiative on the products currently exported by the LDCs. He shows that the changes introduced by the EBA initiative in 2001 are relatively minor for currently exported products, primarily because over 99 percent of EU imports from the LDCs are in products which the EU had already liberalized, and the complete removal of barriers to the key remaining products - rice, sugar, and bananas - has been delayed. Brenton looks at the role EU preferences to LDCs in general have been playing and could play in assisting the integration of the LDCs. He shows that there is considerable variation across countries in the potential impact that EU preferences can have given current export structures. There is a group of LDCs for whom EU trade preferences on existing exports are not significant since these exports are mainly of products where the most-favored-nation duty is zero. Export diversification is the key issue for these countries. For other LDCs, EU preferences have the potential to provide a more substantial impact on trade. However, the author shows that only 50 percent of EU imports from non-ACP (Africa, Caribbean, and Pacific) LDCs which are eligible actually request preferential access to the EU. The prime suspect for this low level of use are the rules of origin, both the restrictiveness of the requirements on sufficient processing and the costs and difficulties of providing the necessary documentation. More simple rules of origin are likely to enhance the impact of EU trade preferences in terms of improving market access and in stimulating diversification toward a broader range of exports.This paper - a product of the International Trade Department, Poverty Reduction and Economic Management Network - is part of a larger effort in the network to analyze the impact of trade preferences.

Download or read book The Trade Policy of the European Union written by Sieglinde Gstöhl and published by Bloomsbury Publishing. This book was released on 2017-11-25 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive and clearly written textbook offers a long-awaited introduction to the trade policy of the European Union, the world's largest trading entity. Gstöhl and De Bièvre provide a comprehensive assessment of the common commercial policy, its relationship with other policies, like development policy, and of the EU's multi-level policy-making and international bargaining in this area. As well as providing a broad overview of the nature and development of the EU's trade policy, the authors analyse how relevant institutions and decision-making processes are organized and how this set-up fosters particular policy outcomes. Gstöhl and De Bièvre show how the thorough and critical study of EU trade policy can be conducted from an interdisciplinary viewpoint, enabling the student to tackle the ever-evolving political, economic, and legal questions that arise. Given the accessible writing, this book is recommended for both undergraduate and Master's students studying the EU and Europe in their Politics, International Relations, Economics or Law degrees, as well as those focusing on international trade policy.

Download or read book Deep Integration Non discrimination and Euro Mediterranean Free Trade written by Bernard M. Hoekman and published by World Bank Publications. This book was released on 1999 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: May 1999 - Preferential trade agreements that are limited to the elimination of tariffs for merchandise trade flows are of limited value at best and may be as easily welfare-reducing as welfare-enhancing. It is important that preferential trade agreements go beyond eliminating tariffs and quotas to eliminating regulatory and red tape costs and opening up service markets to foreign competition. Deep integration-explicit government actions to reduce the market-segmenting effect of domestic regulatory policies through coordination and cooperation-is becoming a major dimension of some regional integration agreements, led by the European Union. Health and safety regulations, competition laws, licensing and certification regimes, and administrative procedures such as customs clearance can affect trade (in ways analogous to nontariff barriers) even though their underlying intent may not be to discriminate against foreign suppliers of goods and services. Whether preferential trade agreements (PTAs) can be justified in a multilateral trading system depends on the extent to which formal intergovernmental agreements are technically necessary to achieve the deep integration needed to make markets more contestable. The more need for formal cooperation, the stronger the case for regional integration. Whether PTAs are justified regionally also depends on whether efforts to reduce market segmentation are applied on a nondiscriminatory basis. If innovations to reduce transaction or market access costs extend to both members and nonmembers of a PTA, regionalism as an instrument of trade and investment becomes more attractive. Using a standard competitive general equilibrium model of the Egyptian economy, Hoekman and Konan find that the static welfare impact of a deep free trade agreement is far greater than the impact that can be expected from a classic shallow agreement. Under some scenarios, welfare may increase by more than 10 percent of GDP, compared with close to zero under a shallow agreement. Given Egypt's highly diversified trading patterns, a shallow PTA with the European Union could be merely diversionary, leading to a small decline in welfare. Egypt already has duty-free access to the European Union for manufactures, so the loss in tariff revenues incurred would outweigh any new trade created. Large gains in welfare from the PTA are conditional on eliminating regulatory barriers and red tape-in which case welfare gains may be substantial: 4 to 20 percent growth in real GNP. This paper-a product of the Development Research Group-is part of a larger effort in the group to analyze regional integration agreements. The authors may be contacted at bhoekman@@worldbank.org or konan@@hawaii.edu.

Download or read book The Effects of Eu Preferential Treatment written by Samuel Herzfeld and published by . This book was released on 2013-09 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2011 in the subject Business economics - Economic Policy, grade: 16,00/20,00, Solvay Brussels School of Economics and Management, course: Topics in Economic Integration, language: English, abstract: The paper discusses the evolution and current state of the effects on trade flows of EU preferential treatment, of which the widest setting has been the Generalised System of Preferences. The main concern of our study has been to do research on the topic, before deepening our curiosity on two core articles of the literature. By comparing Persson and Wilhelmsson analysis with Aiello and Demaria's, and examining them in contrast with other writings, we could determine the primary interests we need to take into account in order to assess, as accurately as possible, the impact of these trade agreements. In this manner, we explained why we retained the gravity model as the most reliable statistical model in our efforts of settling the most precise method of measurement, which has been besides a very commonly used one in the literature. We also considered taking into consideration the key difficult points encountered when trying to reach our objectives, such as, on the one hand, avoiding omitting major factors of trade enhancement (i.e. distance or language) or on the other hand, excluding countries that would distort our conclusions due to their own composition (i.e. former USSR satellites). Our paper is innovative insofar as it offers a thorough investigation of the written work on the subject, which, by comparing models, contrasting figures and confronting viewpoints, brings us closer to the truth.

Download or read book The Economics of the European Union written by Michael J. Artis and published by Oxford University Press, USA. This book was released on 1997 with total page 484 pages. Available in PDF, EPUB and Kindle. Book excerpt: Covers: the political structure and history of the EU statistical features of the EU and its members the economic theory of preferential trading areas Monetary Union and a European Central Bank the Community Budget the Common Agricultural Policy social policies competition policyindustrial policy transport policy environmental policies the problem of regional disparities trade with the rest of the world economic assistance to the developing world

Download or read book The Tide that Does Not Raise All Boats written by Maria Cipollina and published by . This book was released on 2015 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aim of this paper is to assess of the impact of the European Union's trade preferences on global trade, focusing on several methodological issues that are relevant to the trade-creating impact of these preferences. Using highly disaggregated eight-digit data in a theoretically grounded gravity model framework, we define an explicit measure of preferential tariff margins computed on alternative definitions based on a comparison between bilateral applied tariffs and two different reference levels: the most favored nation duty and a constant elasticity of substitution price aggregator. From the methodological point of view, we show that assessing the impact of these policies can be very sensitive to the definition of the preferential tariff margin. From a policy perspective, such preferential schemes have an actual impact on trade volumes, although with significant differences across sectors. Measuring properly the effects of preferences is highly relevant in ongoing policy debates. Indeed, on one hand developed countries are moving from trade for aid to aid for trade paradigm while redesigning their own preferential schemes to provide better targeting for the most vulnerable economies but also limit the growing competition of emerging economies on their own domestic industries. On the other hand, the fear of preference erosion is still playing an important role in delaying the conclusion of the Doha Round.

Download or read book The Handbook of Global Trade Policy written by Andreas Klasen and published by John Wiley & Sons. This book was released on 2020-02-03 with total page 624 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides a state-of-the-art overview of international trade policy research The Handbook of Global Trade Policy offers readers a comprehensive resource for the study of international trade policy, governance, and financing. This timely and authoritative work presents contributions from a team of prominent experts that assess the policy implications of recent academic research on the subject. Discussions of contemporary research in fields such as economics, international business, international relations, law, and global politics help readers develop an expansive, interdisciplinary knowledge of 21st century foreign trade. Accessible for students, yet relevant for practitioners and researchers, this book expertly guides readers through essential literature in the field while highlighting new connections between social science research and global policy-making. Authoritative chapters address new realities of the global trade environment, global governance and international institutions, multilateral trade agreements, regional trade in developing countries, value chains in the Pacific Rim, and more. Designed to provide a well-rounded survey of the subject, this book covers financing trade such as export credit arrangements in developing economies, export insurance markets, climate finance, and recent initiatives of the World Trade Organization (WTO). This state-of-the-art overview: Integrates new data and up-to-date research in the field Offers an interdisciplinary approach to examining global trade policy Introduces fundamental concepts of global trade in an understandable style Combines contemporary economic, legal, financial, and policy topics Presents a wide range of perspectives on current issues surrounding trade practices and policies The Handbook of Global Trade Policy is a valuable resource for students, professionals, academics, researchers, and policy-makers in all areas of international trade, economics, business, and finance.

Download or read book A Practical Guide to Trade Policy Analysis written by Marc Bacchetta and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trade flows and trade policies need to be properly quantified to describe, compare, or follow the evolution of policies between sectors or countries or over time. This is essential to ensure that policy choices are made with an appropriate knowledge of the real conditions. This practical guide introduces the main techniques of trade and trade policy data analysis. It shows how to develop the main indexes used to analyze trade flows, tariff structures, and non-tariff measures. It presents the databases needed to construct these indexes as well as the challenges faced in collecting and processing these data, such as measurement errors or aggregation bias. Written by experts with practical experience in the field, A Practical Guide to Trade Policy Analysis has been developed to contribute to enhance developing countries' capacity to analyze and implement trade policy. It offers a hands-on introduction on how to estimate the distributional effects of trade policies on welfare, in particular on inequality and poverty. The guide is aimed at government experts engaged in trade negotiations, as well as students and researchers involved in trade-related study or research. An accompanying DVD contains data sets and program command files required for the exercises. Copublished by the WTO and the United Nations Conference on Trade and Development

Download or read book Are Preferential Trade Arrangements Appropriately Managed written by and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Preferential trade arrangements (PTAs) are an essential instrument of EU trade policy. Trade brings economic benefits to both the EU and its partner countries and promotes sustainable development and poverty eradication in developing countries. This report evaluates whether PTAs are appropriately managed by both the Commission and Member States. It found that the Commission has not appropriately assessed all the economic effects of PTAs and that the completeness of revenue collection is not ensured because customs controls applied by Member States are weak and there are also deficiencies in the Commission's supervision.

Download or read book Economic Development and Multilateral Trade Cooperation written by Bernard M. Hoekman and published by World Bank Publications. This book was released on 2005-12-01 with total page 526 pages. Available in PDF, EPUB and Kindle. Book excerpt: How can international trade agreements promote development and how can rules be designed to benefit poor countries? Can multilateral trade cooperation in the World Trade Organization (WTO) help developing countries create and strengthen institutions and regulatory regimes that will enhance the gains from trade and integration into the global economy? And should this even be done? These are questions that confront policy makers and citizens in both rich and poor countries, and they are the subject of Economic Development and Multilateral Trade Cooperation. This book analyzes how the trading system could be made more supportive of economic development, without eroding the core WTO functions.

Download or read book The Effects of European Union Trade Policies on Agricultural Imports from Developing and Poor Countries written by Esmaeil Pishbahar and published by . This book was released on 2008 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: The European Union (EU) is the biggest agricultural market. Most of EU's import sources are developing countries and least developed contries 'LDCs). The agricultural exports of LDCs have an important role in development of these countries. The international trade can act as an engine of growth and poverty reduction. Enhanced market access for the LDCs would provide them the means to harness trade for development and poverty reduction. Preferential trade agreements play a central role in forming trade opportunies for numerous developing countries. The EU supplies numerous trading agreements. Some of EU's preferential regimes grant free-duty market access for the LDCs (like EBA-Everything But Arms). Nevertheless, the Eu will allow duty-free and quota-free access to imports of rice originating from the LDCs from September 2009 within the framework of EBA. Hence, this research focuses on the relationship between EU's trading agreements and changes in the market access of beneficiaries. This research consists of four papers. First, the effects of the EU's trading agreements are studied with a gravity model and aggregated data. The results indicate that a large number of Eu's RTAs support the agricultural exports of developing countries to the Eu market. Nevertheless, one of the most important and unilateral RTAs (EBA) has the negative effect over agricultural exports to Eu. second, the changes of market access for a special product (here rice) are considered with an Armington model and disaggregated data. Our empirical results show that when the Armington model is estimated ignoring the tariff and the non-homothetic parameter, results may be biased and of uncertain validity. In addition, the simulation findings demonstrate that in spite of a large difference between import tariffs rates of Surname and other countries, its market share would not change greatly. It shows the weak capacity of LDCs (such as Surinam) to compete with developed countries (such as the US).

Download or read book Politicising Europe written by Swen Hutter and published by Cambridge University Press. This book was released on 2016-04-07 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: Maps and explains how and why European integration has become politicised.