Are Plurilaterals a promising trade liberalization modality?

After 50 years of success, multilateral trade liberalization, conducted under the umbrella of the World Trade Organization (WTO), is in a deadlock, as illustrated by the impasse in which the Doha Round is for almost 20 years. Many explanations have been advanced. Let us quote three of them. First, t...

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Detalles Bibliográficos
Autores principales: Bouët, Antoine, Laborde Debucquet, David
Formato: Capítulo de libro
Lenguaje:Inglés
Publicado: Instituto Interamericano de Cooperación para la Agricultura 2021
Materias:
Acceso en línea:https://hdl.handle.net/10568/142167
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author Bouët, Antoine
Laborde Debucquet, David
author_browse Bouët, Antoine
Laborde Debucquet, David
author_facet Bouët, Antoine
Laborde Debucquet, David
author_sort Bouët, Antoine
collection Repository of Agricultural Research Outputs (CGSpace)
description After 50 years of success, multilateral trade liberalization, conducted under the umbrella of the World Trade Organization (WTO), is in a deadlock, as illustrated by the impasse in which the Doha Round is for almost 20 years. Many explanations have been advanced. Let us quote three of them. First, there are many trading partners involved in the negotiation and their interests are too heterogeneous, such that there is no outcome benefiting all parties (Bouët and Laborde, 2010). Second the welfare gains expected from a new round of multilateral trade liberalization are small compared to the internal redistributive effects that it may imply (Rodrik, 1994). Third, there is asymmetric information not only between policymakers and the producers they want to protect from income variation, but also between trade negotiators at WTO about the political influence of domestic producers in each country. This double informational asymmetry gives birth to informational rents and makes difficult the implementation of free trade (Bouët, Laborde and Martimort, 2020).
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spelling CGSpace1421672025-12-08T10:29:22Z Are Plurilaterals a promising trade liberalization modality? Bouët, Antoine Laborde Debucquet, David trade liberalization covid-19 agricultural policies sustainability market access wto trade food security international trade conferences After 50 years of success, multilateral trade liberalization, conducted under the umbrella of the World Trade Organization (WTO), is in a deadlock, as illustrated by the impasse in which the Doha Round is for almost 20 years. Many explanations have been advanced. Let us quote three of them. First, there are many trading partners involved in the negotiation and their interests are too heterogeneous, such that there is no outcome benefiting all parties (Bouët and Laborde, 2010). Second the welfare gains expected from a new round of multilateral trade liberalization are small compared to the internal redistributive effects that it may imply (Rodrik, 1994). Third, there is asymmetric information not only between policymakers and the producers they want to protect from income variation, but also between trade negotiators at WTO about the political influence of domestic producers in each country. This double informational asymmetry gives birth to informational rents and makes difficult the implementation of free trade (Bouët, Laborde and Martimort, 2020). 2021-10-27 2024-05-22T12:10:03Z 2024-05-22T12:10:03Z Book Chapter https://hdl.handle.net/10568/142167 en https://doi.org/10.2499/p15738coll2.134771 Open Access application/pdf Instituto Interamericano de Cooperación para la Agricultura International Food Policy Research Institute Bouët, Antoine; and Laborde Debucquet, David. 2021. Are Plurilaterals a promising trade liberalization modality? In The road to the WTO twelfth Ministerial Conference: A Latin American and Caribbean perspective, eds. Valeria Piñeiro, Adriana Campos, and Martín Piñeiro. Other topics relevant for Agriculture and the WTO, Pp. 131-143. San Jose, Costa Rica: Instituto Interamericano de Cooperación para la Agricultura (IICA); and International Food Policy Research Institute (IFPRI). https://doi.org/10.2499/p15738coll2.134831. https://www.t20italy.org/2021/09/21/repurposing-agricultural-policy-support-for-climate-change-mitigation-and-adaptation-2
spellingShingle trade liberalization
covid-19
agricultural policies
sustainability
market access
wto
trade
food security
international trade
conferences
Bouët, Antoine
Laborde Debucquet, David
Are Plurilaterals a promising trade liberalization modality?
title Are Plurilaterals a promising trade liberalization modality?
title_full Are Plurilaterals a promising trade liberalization modality?
title_fullStr Are Plurilaterals a promising trade liberalization modality?
title_full_unstemmed Are Plurilaterals a promising trade liberalization modality?
title_short Are Plurilaterals a promising trade liberalization modality?
title_sort are plurilaterals a promising trade liberalization modality
topic trade liberalization
covid-19
agricultural policies
sustainability
market access
wto
trade
food security
international trade
conferences
url https://hdl.handle.net/10568/142167
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