Description: Setting the Trade Policy Agenda : What Roles for Economists?

Setting the Trade Policy Agenda : What Roles for Economists?

Economists have influenced the trade policy agenda for establishing multilateral trade rules, disciplines, and procedures, and for negotiating most-favored nation and preferential reductions in trade barriers and subsidies, in addition to affecting the agenda for unilateral policy reform. These role...

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Bibliographic Details
Main Author:	Anderson, Kym
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	ABATEMENT AGRICULTURAL NEGOTIATIONS AGRICULTURAL PROTECTION AGRICULTURE ANTI-DUMPING MEASURES BALANCE OF PAYMENTS BENEFICIARY COUNTRY BILATERAL AGREEMENT BINDING COMMITMENTS BORROWING COMPARATIVE ADVANTAGE CONDITIONALITY CONSUMERS CONTRACTING PARTIES CURRENCY CUSTOMS CUSTOMS UNION CUSTOMS VALUATION DEVELOPED COUNTRIES DEVELOPMENT ASSISTANCE DEVELOPMENT ECONOMICS DIRECT INVESTMENT DISPUTE SETTLEMENT DISPUTES DOMESTIC SUPPLY DUMPING ECONOMIC ANALYSIS ECONOMIC COOPERATION ECONOMIC GROWTH ECONOMIC ORDER ECONOMIC WELFARE ECONOMISTS ELASTICITIES ELASTICITY EMPIRICAL ANALYSIS EMPIRICAL STUDIES ENVIRONMENTAL KUZNETS ENVIRONMENTAL POLICY EQUILIBRIUM EXCHANGE RATE EXPENDITURE EXPORT SUBSIDIES EXPORTS EXTERNALITY FINAL PRODUCT FISHERIES FOREIGN EXCHANGE FREE ACCESS FREE TRADE FREE TRADE AGREEMENT GATT/WTO GLOBAL TRADE GOVERNMENT SUBSIDIES IMPERFECT COMPETITION IMPLEMENTATION PERIOD IMPORT BARRIERS IMPORTING COUNTRY IMPORTS INCOME ELASTICITY OF DEMAND INCREASING RETURNS INDUSTRIALIZATION INFANT INDUSTRY ARGUMENT INTELLECTUAL PROPERTY INTELLECTUAL PROPERTY RIGHTS INTERMEDIATE INPUTS INTERNATIONAL FINANCIAL INSTITUTIONS INTERNATIONAL PRICES INTERNATIONAL TRADE LAISSEZ FAIRE LDCS LDCS/79 LIVING STANDARDS MANUFACTURED GOODS MARGINAL PRODUCT MARKET ACCESS MARKET ACCESS NEGOTIATIONS MOST -FAVORED NATION MULTILATERAL NEGOTIATIONS MULTILATERAL RULES MULTILATERAL TRADE MULTILATERAL TRADE NEGOTIATIONS MULTILATERAL TRADE REFORM NET EFFECT PACIFIC REGION PER CAPITA INCOME PLURILATERAL/BILATERAL TRADE PLURILATERAL/BILATERAL TRADE AGREEMENTS POLICY INSTRUMENTS POLICY MAKERS PREFERENTIAL ACCESS PREFERENTIAL TARIFF PREFERENTIAL TARIFFS PREFERENTIAL TRADING AGREEMENTS PREFERENTIAL TRADING ARRANGEMENTS PRODUCERS PROPERTY RIGHTS PROTECTIONISM PROTECTIVE EFFECT QUANTITATIVE ANALYSIS QUANTITATIVE RESTRICTIONS RECIPROCAL TRADE AGREEMENTS RECIPROCITY REGIONAL TRADE REGIONAL/PREFERENTIAL AGREEMENTS SETTLEMENT SUBSTITUTION TARIFF PREFERENCES TARIFF REVENUE TAXATION TECHNOLOGY TRANSFERS TERMS OF TRADE TEXTILE PRODUCTS TRADE AGREEMENT TRADE AGREEMENTS TRADE BARRIERS TRADE DIVERSION TRADE FLOWS TRADE LIBERALIZATION TRADE NEGOTIATIONS TRADE POLICIES TRADE POLICY TRADE POLICY REFORM TRADE PREFERENCES TRADE REFORM TRADE REFORMS TRADE REGIME TRADE THEORY TRADING PARTNERS TRADING SYSTEM TRANSACTIONS COSTS UNEMPLOYMENT URUGUAY ROUND VALUATION VALUE ADDED WAGES WEALTH WELFARE EFFECTS WELFARE GAINS WORLD TRADE WORLD TRADE ORGANIZATION WTO
Online Access:	http://documents.worldbank.org/curated/en/2005/04/5734735/setting-trade-policy-agenda-roles-economists http://hdl.handle.net/10986/8968

Description
Summary:	Economists have influenced the trade policy agenda for establishing multilateral trade rules, disciplines, and procedures, and for negotiating most-favored nation and preferential reductions in trade barriers and subsidies, in addition to affecting the agenda for unilateral policy reform. These roles are considered in turn, before focusing on the economists' contribution through quantifying the extent and effects of existing trade distortions and alternative reform initiatives. Many trade distortions remain, however, so the author looks at where trade economists' efforts in agenda-setting need to be focused in the years ahead.

Setting the Trade Policy Agenda : What Roles for Economists?

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