Setting the trade policy agenda: what roles for economists?

By: Material type: TextTextSeries: Policy Research Working Paper, no.3560Publication details: Washington, D. C. The World Bank 2005 Description: 33 pSubject(s): DDC classification:
  • 382
Summary: Economists have influenced the trade policy agenda for establishing multilateral trade rules, disciplines, and procedures, and for negotiating most-favored nation and preferential reductions in trade barriers and subsidies, in addition to affecting the agenda for unilateral policy reform. These roles are considered in turn, before focusing on the economists' contribution through quantifying the extent and effects of existing trade distortions and alternative reform initiatives. Many trade distortions remain, however, so the author looks at where trade economists' efforts in agenda-setting need to be focused in the years ahead. -World Bank web site.
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Economists have influenced the trade policy agenda for establishing multilateral trade rules, disciplines, and procedures, and for negotiating most-favored nation and preferential reductions in trade barriers and subsidies, in addition to affecting the agenda for unilateral policy reform. These roles are considered in turn, before focusing on the economists' contribution through quantifying the extent and effects of existing trade distortions and alternative reform initiatives. Many trade distortions remain, however, so the author looks at where trade economists' efforts in agenda-setting need to be focused in the years ahead. -World Bank web site.

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