In this Book

  • The World Trade System: Trends and Challenges
  • Book
  • Jagdish N. Bhagwati
  • 2016
  • Published by: The MIT Press
summary
When the General Agreement on Tariffs and Trade (GATT) metamorphosed into the World Trade Organization (WTO) in 1994, it seemed that the third pillar of the international economic superstructure was finally in place. And yet with the failure of member countries to close the Doha Round of trade negotiations and the emergence of bilateral and plurilateral preferential trade arrangements (PTAs) such as the Trans-Pacific Partnership (TPP), the future of the multilateral WTO seems uncertain. In this volume, leading economists examine issues in trade policy that have arisen during this shift. The contributors discuss such topics as the effect of trade on poverty and inequality, PTAs and litigation between trading partners, the WTO Trade Facilitation Agreement, and the relationship of food security and trade liberalization. They also offer regional perspectives on the TPP and trans-Atlantic free trade. ContributorsRahel Aichele, Jagdish Bhagwati, Steve Charnovitz, Gabriel Felbermayr Dimitar Gueorguiev, Bernard Hoekman, Jonas Kasteng, Pravin Krishna, Mary Lovely, Petros Mavroidis, Devashish Mitra, Arvind Panagariya, Tom Prusa, Andre Sapir, Stefan Tangermann

Table of Contents

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  1. Cover
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  1. Title Page, Copyright
  2. pp. i-iv
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  1. Contents
  2. pp. v-vi
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  1. Preface
  2. pp. vii-viii
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  1. Acknowledgments
  2. pp. ix-x
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  1. 1 The World Trade System Today
  2. Jagdish N. Bhagwati, Pravin Krishna, and Arvind Panagariya
  3. pp. 1-22
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  1. I Issues in Trade Policy
  1. 2 Border Tax Equalization
  2. Steve Charnovitz
  3. pp. 25-54
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  1. 3 Trade, Poverty, and Inequality
  2. Devashish Mitra
  3. pp. 55-90
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  1. 4 Dial PTAs for Peace: The Influence of Preferential Trade Agreements on Litigation between Trading Partners
  2. Petros C. Mavroidis and André Sapir
  3. pp. 91-116
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  1. 5 Antidumping Provisions in Preferential Trade Agreements
  2. Thomas J. Prusa
  3. pp. 117-148
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  1. 6 The Bali Trade Facilitation Agreement and Rulemaking in the WTO: Milestone, Mistake, or Mirage?
  2. Bernard Hoekman
  3. pp. 149-192
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  1. 7 Agriculture: Food Security and Trade Liberalization
  2. Stefan Tangermann
  3. pp. 193-228
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  1. II Regional Perspectives
  1. 8 The Trans-Pacific Partnership: Perspectives from China
  2. Dimitar D. Gueorguiev and Mary E. Lovely
  3. pp. 231-266
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  1. 9 Transatlantic Free Trade: The Viewpoint of Germany
  2. Gabriel Felbermayr and Rahel Aichele
  3. pp. 267-316
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  1. 10 The Abolition of Antidumping Measures in the EU: An Example and Inspiration for the TTIP
  2. Jonas Kasteng
  3. pp. 317-382
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  1. Contributors
  2. pp. 383-384
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  1. Index
  2. pp. 385-403
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