The WTO Trade Facilitation Agreement: Implications for Pakistan’s Domestic Trade Policy Formulation

The WTO Trade Effect

This paper proposes to reexamine the GATT/WTO membership effect on bilateral trade flows, using nonparametric methods including pair-matching, permutation tests, and a Rosenbaum (2002) sensitivity analysis. Taken together in a coherent manner, these methods provide an estimation framework that is robust to misspecification biases, allows general forms of heterogeneous treatment effects, and add...

Consumer Preferences for Fair Trade Foods: Implications for Trade Policy

Economists overwhelmingly support free international trade. According to a 2006 Economists’ Voice survey, for example, 87% of economists polled agreed that “the U.S. should eliminate remaining tariffs and other barriers to trade.” Yet a vocal community of activists opposes globalization due to concerns that trade exploits workers and the environment in the developing world. In response to these...

China’s WTO accession: trade and policy implications for Pacific island countries

After a long wait of some 15 years, China finally became a member of the World Trade Organisation (WTO) in December 2001. This was a major milestone not only for China but also for the WTO, boosting the coverage and potential impact of the multilateral trading system. China can now fully participate in the WTO and help shape the rules on which the multilateral trading system is based. This deve...

Deep Trade Policy Options for Armenia: The Importance of Trade Facilitation, Services and Standards Liberalization

In this paper the authors develop an innovative 21 sector computable general equilibrium model of Armenia to assess the impact on Armenia of a Deep and Comprehensive Free Trade Agreement (DCFTA) with the EU, as well as further regional or multilateral trade policy commitments. The authors find that a DCFTA with the EU will likely result in substantial gains to Armenia, but they show that the ga...

BROKEN PROMISES: TRADE, AGRICULTURE AND DEVELOPMENT IN THE WTO Trade, Agriculture and Development in the WTO