This article uses an e ent study to e aluate the anticipated results of the Uruguay Round on U.S. industry. Economists commonly use computable general equilibrium ( ) CGE models to predict the net economic efficiency effects of trade agreements. The e ent study method represents a complementary approach that relies on stock price mo ements to assess how in estors predict that an e ent, in this ...

The development focus of the Doha Round emerged from a renewed spirit of responsibility for the challenges faced by poor countries and the perceived inequities generated by previous rounds of trade negotiations. This study presents an alternative way forward for the Doha Round based on principles of social justice and economic analysis. It looks at the trade negotiation agenda from the perspect...

International conflict over agricultural regulation continues after more than six years to threaten to destroy the whole Uruguay Round of the General Agreement on Tariffs and Trade (GATT), and with it an agreement that greatly extends corporate power relative to national (and public) power. Paradoxically, the deadlock has been caused by a type of national regulation of agriculture whose days ar...

There is widespread concern about the effect of the Uruguay Round policy changes on world agricultural prices and consequently upon the welfare of developing countries. Assessing welfare changes with the standard terms of trade effect calculation can be misleading for distorted economies, since the distortion effect operates in addition or in opposition to the terms of trade effect. This study ...

It is generally agreed that making progress towards eradicating hunger worldwide is a moral obligation for the richer countries of the world. The instrument known as food aid is widely regarded as an important vehicle for providing assistance to needy countries. However, fresh debates in the present Doha round of WTO negotiations have brought a renewed interest in food aid issues. The Doha roun...