Diplomacia e Relações Internacionais
RESEARCH AND ANALYSIS
World Trade Report 2011
The WTO and preferential trade agreements: From co-existence to coherence
The ever-growing number of preferential trade agreements (PTAs) is a prominent feature of international trade. The World Trade Report 2011 describes the historical development of PTAs and the current landscape of agreements. It examines why PTAs are established, their economic effects, and the contents of the agreements themselves. Finally it considers the interaction between PTAs and the multilateral trading system.
Accumulated trade opening — at the multilateral, regional and unilateral level — has reduced the scope for offering preferential tariffs under PTAs. As a result, only a small fraction of global merchandise trade receives preferences, and preferential tariffs are becoming less important in PTAs.
The report reveals that more and more PTAs are going beyond preferential tariffs, with numerous non-tariff areas of a regulatory nature being included in the agreements.
Global production networks may be prompting the emergence of these “deep” PTAs as good governance on a range of regulatory areas is far more important to these networks than further reductions in already low tariffs. Econometric evidence and case studies support this link between production networks and deep PTAs.
The report ends by examining the challenge that deep PTAs present to the multilateral trading system and proposes a number of options for increasing coherence between these agreements and the trading system regulated by the WTO.
Download pdf:
> Complete report (256 pages; 8034KB)
> Contents, acknowledgements, disclaimer, DG Foreword and Executive Summary (19 pages; 820KB)
I- World trade in 2010 (22 pages; 451KB)
II- The WTO and preferential trade agreements: From co-existence to coherence
> A. Introduction(6 pages; 78KB)
> B. Historical background and current trends(46 pages; 2315KB)
> C. Causes and effects of PTAs: Is it all about preferences?(30 pages; 550KB)
> D. Anatomy of preferential trade agreements(42 pages; 1063KB)
> E. The multilateral trading system and PTAs(32 pages; 485KB)
> F. Conclusions(3 pages; 61KB)
> Statistical appendix(29 pages; 324KB)
> Bibliography(11 pages; 178KB)
> Technical notes, glossary, abbreviations and list of figures (16 pages; 859KB)
(links)
> Previous World Trade Reports
- Acordos Preferenciais De Comercio E Barreiras Temporarias - Um Estudo Do Banco Mundial
What Do We Know About Preferential Trade Agreements and Temporary Trade Barriers?" World Bank Policy Research Working Paper No. 6898 CHAD P. BOWN, World Bank, World Bank - Development Research Group (DECRG) Email: [email protected] BAYBARS KARACAOVALI,...
- Omc: World Trade Report 2013: Comercio Sempre Crucial Para Odesenvolvimento
2013 WORLD TRADE REPORT WORLD TRADE ORGANIZATION (WTO) 18 JULY 2013 FAST-CHANGING NATURE OF WORLD TRADE POSES NEW POLICY CHALLENGES, REPORT SAYS. The future of world trade, and the global trading system, will be shaped by a range of economic,...
- Trade Integration In Eight Figures - Arvind Subramanian And Martin Kessler
REALTIME ECONOMIC ISSUES WATCHTwenty-first Century Trade Integration in Eight Figuresby Arvind Subramanian and Martin Kessler Peterson Institute of International Economics, July 12th, 2013 In this short post (based on our recent paper),...
- Acordo Trans-atlantico De Livre Comercio (1) - Wall Street Journal
REVIEW & OUTLOOKThe Wall Street Journal, December 4, 2012 Trans-Atlantic Trade Stimulus A way to spur growth without spending taxpayer money.A Trans-Atlantic Free Trade Agreement is one of those ideas that's always at the wedding party but never...
- International Handbook On The Economics Of Integration - Miroslav N. Jovanovic (ed.)
International Handbook On The Economics Of Integration, Volume I General Issues and Regional Groups Edited by Miroslav N. Jovanovic, Economic Affairs Officer, United Nations Economic Commission for Europe, Geneva, Switzerland and Lecturer, the European...
Diplomacia e Relações Internacionais
World Trade Report 2011: Regional Trade Agreements
RESEARCH AND ANALYSIS
World Trade Report 2011
The WTO and preferential trade agreements: From co-existence to coherence
The ever-growing number of preferential trade agreements (PTAs) is a prominent feature of international trade. The World Trade Report 2011 describes the historical development of PTAs and the current landscape of agreements. It examines why PTAs are established, their economic effects, and the contents of the agreements themselves. Finally it considers the interaction between PTAs and the multilateral trading system.
Accumulated trade opening — at the multilateral, regional and unilateral level — has reduced the scope for offering preferential tariffs under PTAs. As a result, only a small fraction of global merchandise trade receives preferences, and preferential tariffs are becoming less important in PTAs.
The report reveals that more and more PTAs are going beyond preferential tariffs, with numerous non-tariff areas of a regulatory nature being included in the agreements.
Global production networks may be prompting the emergence of these “deep” PTAs as good governance on a range of regulatory areas is far more important to these networks than further reductions in already low tariffs. Econometric evidence and case studies support this link between production networks and deep PTAs.
The report ends by examining the challenge that deep PTAs present to the multilateral trading system and proposes a number of options for increasing coherence between these agreements and the trading system regulated by the WTO.
Download pdf:
> Complete report (256 pages; 8034KB)
> Contents, acknowledgements, disclaimer, DG Foreword and Executive Summary (19 pages; 820KB)
I- World trade in 2010 (22 pages; 451KB)
II- The WTO and preferential trade agreements: From co-existence to coherence
> A. Introduction(6 pages; 78KB)
> B. Historical background and current trends(46 pages; 2315KB)
> C. Causes and effects of PTAs: Is it all about preferences?(30 pages; 550KB)
> D. Anatomy of preferential trade agreements(42 pages; 1063KB)
> E. The multilateral trading system and PTAs(32 pages; 485KB)
> F. Conclusions(3 pages; 61KB)
> Statistical appendix(29 pages; 324KB)
> Bibliography(11 pages; 178KB)
> Technical notes, glossary, abbreviations and list of figures (16 pages; 859KB)
(links)
> Previous World Trade Reports
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- Acordos Preferenciais De Comercio E Barreiras Temporarias - Um Estudo Do Banco Mundial
What Do We Know About Preferential Trade Agreements and Temporary Trade Barriers?" World Bank Policy Research Working Paper No. 6898 CHAD P. BOWN, World Bank, World Bank - Development Research Group (DECRG) Email: [email protected] BAYBARS KARACAOVALI,...
- Omc: World Trade Report 2013: Comercio Sempre Crucial Para Odesenvolvimento
2013 WORLD TRADE REPORT WORLD TRADE ORGANIZATION (WTO) 18 JULY 2013 FAST-CHANGING NATURE OF WORLD TRADE POSES NEW POLICY CHALLENGES, REPORT SAYS. The future of world trade, and the global trading system, will be shaped by a range of economic,...
- Trade Integration In Eight Figures - Arvind Subramanian And Martin Kessler
REALTIME ECONOMIC ISSUES WATCHTwenty-first Century Trade Integration in Eight Figuresby Arvind Subramanian and Martin Kessler Peterson Institute of International Economics, July 12th, 2013 In this short post (based on our recent paper),...
- Acordo Trans-atlantico De Livre Comercio (1) - Wall Street Journal
REVIEW & OUTLOOKThe Wall Street Journal, December 4, 2012 Trans-Atlantic Trade Stimulus A way to spur growth without spending taxpayer money.A Trans-Atlantic Free Trade Agreement is one of those ideas that's always at the wedding party but never...
- International Handbook On The Economics Of Integration - Miroslav N. Jovanovic (ed.)
International Handbook On The Economics Of Integration, Volume I General Issues and Regional Groups Edited by Miroslav N. Jovanovic, Economic Affairs Officer, United Nations Economic Commission for Europe, Geneva, Switzerland and Lecturer, the European...