Assessing the potential cost of a failed Doha Round

The goal of this chapter is not to uncover additional benefits associated with the DDA, but to reexamine the value of an agreement by considering potential gains and losses in a moving landscape of trade policies. Traditional impact studies have assessed the potential gains of the Doha negotiations...

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Detalles Bibliográficos
Autores principales: Bouët, Antoine, Laborde Debucquet, David
Formato: Capítulo de libro
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2017
Materias:
Acceso en línea:https://hdl.handle.net/10568/146371
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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 The goal of this chapter is not to uncover additional benefits associated with the DDA, but to reexamine the value of an agreement by considering potential gains and losses in a moving landscape of trade policies. Traditional impact studies have assessed the potential gains of the Doha negotiations by comparing the consequences of the negotiation modalities to the status quo baseline. Therefore, the cost of failed negotiations has been seen as just an opportunity cost representing the unrealized gains. This approach, however, may have underestimated the real costs associated with the failure of the DDA. Such a drastic event would make the business-as-usual scenario uncertain because the status quo is not a long-term perspective for trade policies. The current trend of multilateral trade liberalization may not survive this failure, and the global public good provided by the WTO that helps to free trade in a stable and less-distorted environment may vanish. Therefore this chapter compares the effects of a DDA scenario with other relevant alternatives.
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spelling CGSpace1463712025-11-06T03:51:53Z Assessing the potential cost of a failed Doha Round Bouët, Antoine Laborde Debucquet, David economic development trade agricultural development The goal of this chapter is not to uncover additional benefits associated with the DDA, but to reexamine the value of an agreement by considering potential gains and losses in a moving landscape of trade policies. Traditional impact studies have assessed the potential gains of the Doha negotiations by comparing the consequences of the negotiation modalities to the status quo baseline. Therefore, the cost of failed negotiations has been seen as just an opportunity cost representing the unrealized gains. This approach, however, may have underestimated the real costs associated with the failure of the DDA. Such a drastic event would make the business-as-usual scenario uncertain because the status quo is not a long-term perspective for trade policies. The current trend of multilateral trade liberalization may not survive this failure, and the global public good provided by the WTO that helps to free trade in a stable and less-distorted environment may vanish. Therefore this chapter compares the effects of a DDA scenario with other relevant alternatives. 2017 2024-06-21T09:06:49Z 2024-06-21T09:06:49Z Book Chapter https://hdl.handle.net/10568/146371 en https://doi.org/10.2499/9780896292499 Open Access application/pdf International Food Policy Research Institute Bouët, Antoine; and Laborde Debucquet, David. 2017. Assessing the potential cost of a failed Doha Round. In Agriculture, development, and the global trading system: 2000– 2015. Chapter 6. Pp 155-192. Bouët, Antoine; and Laborde Debucquet, David (Eds.). Washington, DC: International Food Policy Research Institute (IFPRI). https://doi.org/10.2499/9780896292499_06.
spellingShingle economic development
trade
agricultural development
Bouët, Antoine
Laborde Debucquet, David
Assessing the potential cost of a failed Doha Round
title Assessing the potential cost of a failed Doha Round
title_full Assessing the potential cost of a failed Doha Round
title_fullStr Assessing the potential cost of a failed Doha Round
title_full_unstemmed Assessing the potential cost of a failed Doha Round
title_short Assessing the potential cost of a failed Doha Round
title_sort assessing the potential cost of a failed doha round
topic economic development
trade
agricultural development
url https://hdl.handle.net/10568/146371
work_keys_str_mv AT bouetantoine assessingthepotentialcostofafaileddoharound
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