Aid for Trade Effectiveness: Complementarities with Economic Integration

Economic Policy Responses to Preference Erosion: From Trade as Aid to Aid for Trade

Trade preferences are a central issue in ongoing efforts to negotiate further multilateral trade liberalization. “Less preferred” countries are increasingly concerned about the discrimination they confront, while “more preferred” developing countries worry that WTO-based liberalization of trade will erode the value of current preferential access regimes. This tension suggests there is a politic...

The Gains of Economic Integration: Substantive Evidence for an Australia-Korea Free Trade Agreement

Abstract On 6 December 2006, Australia and Korea announced a joint study on a possible Australia-Korea free trade agreement (AKFTA) to promote trade and economic relations between the two countries. The paper provides empirical evidence on the possible gains and their transmission mechanism from this agreement. Significantly, it uses a new economic policy modelling approach, the endogenous grav...

Trade disputes, quality choice, and economic integration

Recent work demonstrates the importance of developing high quality output in order to compete in export markets and other recent studies verify the prevalence of fixed and ongoing trade costs while participating in those markets. I consider the joint choice of quality and export promotion costs when trade relationships are subject to temporary disputes. When transparency is low and macroeconomi...

Aid for trade

Adjustment to a post-Doha trading regime will be disproportionately costly and difficult for developing countries. Increased aid is vital for the poor countries if they are to grasp the opportunities provided through trade and meet transition costs. With aid-for-trade, for the first time, the developed countries have another bound and meaningful commitment that they can offer developing countri...

The Centrality of Trade Facilitation for Regional Economic Integration