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Global Economic Prospects 2005 : Trade, Regionalism, and Development.
The proliferation of regional trade agreements is fundamentally altering the world trade landscape. The number of agreements in force surpasses 200 and has risen eight-fold in two decades. Today as much as 40 percent of global trade takes place among countries that have some form of reciprocal regio...
| Clasificación: | Libro Electrónico |
|---|---|
| Autor Corporativo: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Washington, D.C. :
The World Bank,
2004.
|
| Colección: | Global Economic Prospects.
World Bank e-Library. |
| Temas: | |
| Acceso en línea: | Texto completo |
MARC
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| 245 | 1 | 0 | |a Global Economic Prospects 2005 : |b Trade, Regionalism, and Development. |
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| 490 | 1 | |a Global Economic Prospects | |
| 520 | 3 | |a The proliferation of regional trade agreements is fundamentally altering the world trade landscape. The number of agreements in force surpasses 200 and has risen eight-fold in two decades. Today as much as 40 percent of global trade takes place among countries that have some form of reciprocal regional trade agreement. Global Economic Prospects 2005: Trade, Regionalism, and Development addresses two questions: What are the characteristics of agreements that most promote-or hinder-development for member countries? Does the proliferation of agreements pose risks to the multilateral trading system, and if so, how can these risks be managed? The report argues that agreements leading to open regionalism-that is, deeper integration of trade as a result of low external tariffs, increased services competition, and efforts to reduce cross-border and customs delays costs-are effective as part of a larger trade strategy to promote growth. Such regional agreements can complement a strategy that, on the one hand, includes autonomous liberalization to promote productivity gains and, on the other hand, leverages domestic reforms to enhance market access. Although regional agreements can prove beneficial to member countries, they can have adverse effects on excluded countries. Lowering of border barriers around the world is crucial to minimizing these effects. The completion of the Doha Development Agenda by all countries in the World Trade Organization will reduce the risk of trade diversion associated with regional agreements and will decrease trade losses of countries excluded from agreements. | |
| 588 | 0 | |a Print version record. | |
| 505 | 0 | |a Foreword -- Acknowledgments -- Overview -- Abbreviations -- Frequently Cited Regional Trading Agreements and the Parties to Them -- Chapter 1 Global Outlook and the Developing Countries -- The Global Economy: From Recovery to Expansion -- Commodity Markets -- World Trade -- International Finance -- Risks and Policy Ppriorities -- Long-Term Growth, Structural Change, and Poverty -- Structural Changes over Two Decades -- Structural Change in the Future -- Poverty Forecast -- Concluding Remarks -- Notes -- References. | |
| 505 | 8 | |a Chapter 2 Regional Trade and Preferential Trading Agreements: A Global Perspective -- The Proliferation of Regional Preference Systems -- Trends in Trade and Growth by Region -- Changing Export Composition and the Rise of Global Production Networks -- Preferential Trade and Regional Outcomes -- Conclusion -- Notes -- References -- Chapter 3 Regional Trade Agreements: Effects on Trade -- The Impact of RTAs on Merchandise Trade and Incomes -- Ingredients of Success -- Conclusions: Preferential Trade Agreements and Economic Development -- Notes -- References. | |
| 505 | 8 | |a Chapter 4 Beyond Trade Policy Barriers: Lowering Trade Costs Together -- The Costs of Trade -- Regional Agreements to Facilitate Trade and Transport -- Standards, Conformity Assessments, and RTAs -- Trade-Related Regional Cooperation Agreements -- Conclusions -- Notes -- References -- Chapter 5 Beyond Merchandise Trade: Services, Investment, Intellectual Property, and Labor Mobility -- Services, Investment, and IPRs in Regional Agreements -- Economic Consequences of Services, Investment, and IPR Provisions in RTAs -- RTAs and Provisions for Movement of Labor. | |
| 505 | 8 | |a Conclusions: Beyond Merchandise Trade -- Notes -- References -- Chapter 6 Making Regionalism Complementary to Multilateralism -- Preferential Agreements within the Global Context -- Building Blocks versus Stumbling Blocks -- The Competitive Liberalization Game: The Case of Doha -- Multilateral Disciplines on Regional Arrangements -- Making Open Regionalism Work for Development -- Notes -- References -- Figures -- 1.1 A record year for developing countries in 2004 -- 1.2 Strong growth across most regions -- 1.3 Tradable price developments. | |
| 505 | 8 | |a 1.4 Terms of trade impacts from higher commodity prices, 2001-04 -- 1.5 The oil-important burden for selected countries -- 1.6 Crude oil prices, 1960-2004 -- 1.7 World trade rebounds -- 1.8 Export performance, percent change in market share since 2000 -- 1.9 Trade balances in major regions -- 1.10 Developing countries' debt and interest payments easing downward since 1999 -- 1.11 Rising U.S. dollar reserves -- 1.12 Impact of a 200 basis point increase in interest rates -- 1.13 First year impacts of a 10 increase in oil prices -- 1.14 A rise in services -- 1.15 Rising openness to trade. | |
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