Challenges to the Multilateral Trading System

World Trade Organization, Generalized System of Preferences, and Regional Trade Agreements
Nomos, 1. Edition 2010, 136 Pages
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€39.00
ISBN 978-3-8329-5680-6
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Description
The study investigates the efficiency of trade liberalization in the GATT/WTO framework and analyzes the relationship between GATT/WTO and related international institutions such as the Generalized System of Preferences and regional trade agreements. While the analyses are also based on theoretical models, the workhorse of the study is the well-known gravity model framework in conjunction with vector auto-regressive analysis. Generally, the various analyses highlight the role of GATT/WTO as an important player in global trade: GATT/WTO has a substantial promoting effect on international trade; trade promotion of developing countries should best be served by GATT/WTO rather than by preferential schemes under the Generalized System of Preferences; GATT/WTO is not undermined by the proliferation of regional trade agreements – rather regional trade agreements stimulate multilateral trade liberalization under GATT/WTO.
Bibliographical data
Bibliographical data
Edition 1
ISBN 978-3-8329-5680-6
Subtitle World Trade Organization, Generalized System of Preferences, and Regional Trade Agreements
Publication Date Jun 17, 2010
Year of Publication 2010
Publisher Nomos
Format Hardcover
Language englisch
Pages 136
Medium Book
Product Type Scientific literature
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