Conclude Doha : It Matters!

The Doha Round must be concluded not because it will produce dramatic liberalization but because it will create greater security of market access. Its conclusion would strengthen, symbolically and substantively, the WTO s valuable role in restraini...

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Bibliographic Details
Main Authors: Hoekman, Bernard, Martin, Will, Mattoo, Aaditya
Format: Policy Research Working Paper
Language:English
Published: 2012
Subjects:
GDP
TAX
WTO
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20091118112934
http://hdl.handle.net/10986/4327
id okr-10986-4327
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ADVERSE CONSEQUENCES
ADVERSE IMPACTS
AGGREGATE DEMAND
AGRICULTURAL COMMODITIES
AGRICULTURAL EXPORT SUBSIDIES
AGRICULTURAL PRODUCTION
AGRICULTURAL PRODUCTS
AGRICULTURAL SUBSIDIES
AGRICULTURAL SUPPORT
AGRICULTURE
ANTIDUMPING
ANTIDUMPING ACTIONS
ANTIDUMPING DATABASE
ANTIDUMPING DUTY
APPAREL
AVERAGE TARIFFS
BINDING CONSTRAINT
BORDER PROTECTION
BUSINESS ENVIRONMENT
CAPITAL FLOWS
CAPITAL GOODS
CARBON EMISSIONS
COMMODITY
COMMODITY PRICES
COMPARATIVE ADVANTAGE
COMPETITIVENESS
CONCESSIONS
CONSUMERS
COST OF CAPITAL
COST OF FINANCE
CRITICAL MASS
CROP INSURANCE
DEVELOPED COUNTRIES
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPING ECONOMIES
DEVELOPMENT FINANCE
DISPUTE SETTLEMENT
DISPUTE SETTLEMENT MECHANISM
DOMESTIC INDUSTRIES
DOMESTIC MARKETS
DOMESTIC PRICES
DOMESTIC PRODUCERS
DUMPING
ECONOMIC CRISIS
ECONOMIC DEVELOPMENT
ECONOMIC DOWNTURN
ECONOMIC JUSTIFICATION
ECONOMIC ORDER
ECONOMIC POLICY
ECONOMIC SITUATION
ELASTICITY
ENVIRONMENTAL BENEFITS
ENVIRONMENTAL EXTERNALITIES
ENVIRONMENTAL SUSTAINABILITY
EXPANSIONARY POLICIES
EXPORT GROWTH
EXPORT INDUSTRIES
EXPORT RESTRICTIONS
EXPORT SUPPLY
EXPORT TAXES
EXPORTERS
EXPORTS
EXTERNAL FINANCING
EXTERNAL SHOCKS
EXTERNALITIES
FINANCIAL CRISES
FINANCIAL CRISIS
FINANCIAL SECTORS
FINANCIAL SERVICES
FOOD PRICES
FOREIGN DIRECT INVESTMENT
FOREIGN EXCHANGE
FOREIGN MARKETS
FOREIGN SUPPLIERS
FREE ACCESS
FREE TRADE
GDP
GLOBAL CLIMATE
GLOBAL ECONOMY
GLOBAL EXPORTS
GLOBAL TRADE
GLOBALIZATION
GOVERNMENT EXPENDITURES
IMPORT BARRIERS
IMPORT COMPETITION
IMPORT RESTRICTIONS
IMPORTS
INCOME
INDUSTRIAL COUNTRIES
INDUSTRIAL COUNTRY
INFORMATION TECHNOLOGY
INSTITUTIONAL INFRASTRUCTURE
INTERNATIONAL PRICES
INTERNATIONAL TRADE
INVENTORIES
INVESTMENT INCENTIVES
JURISDICTION
LDCS
LOW-INCOME COUNTRIES
MARKET ACCESS
MEASURE OF TRADE
MIDDLE INCOME COUNTRIES
MONETARY POLICY
MULTILATERAL AGREEMENT
MULTILATERAL DISCIPLINES
MULTILATERAL NEGOTIATIONS
MULTILATERAL RULES
MULTILATERAL SYSTEM
MULTILATERAL TRADE
MULTILATERAL TRADE AGREEMENTS
MULTILATERAL TRADE LIBERALIZATION
MULTILATERAL TRADE NEGOTIATION
MULTILATERAL TRADE NEGOTIATIONS
MUTUAL RECOGNITION
MUTUAL RECOGNITION OF STANDARDS
NATIONAL MARKETS
NATURAL RESOURCES
NEGATIVE SPILLOVERS
NEW MARKET
OIL PRICE
OPEN MARKETS
OPEN TRADE REGIME
OPENNESS
POLITICAL ECONOMY
PREFERENTIAL ACCESS
PREFERENTIAL AGREEMENT
PREFERENTIAL AGREEMENTS
PREFERENTIAL TRADE
PREFERENTIAL TRADE AGREEMENTS
PRICE VOLATILITY
PRIVATE CAPITAL
PRIVATE CAPITAL FLOWS
PROPERTY RIGHTS
PROTECTIONISM
PROTECTIONIST
PROTECTIONIST MEASURES
PROTECTIONIST PRESSURES
QUANTITATIVE RESTRICTIONS
RATES OF PROTECTION
REAL GDP
REAL INCOME
RECIPROCITY
RED TAPE
REFORM PROGRAM
REGIONAL TRADE
REGIONAL TRADE AGREEMENTS
REGIONALISM
REGULATORY ENVIRONMENT
REGULATORY REGIMES
REINVESTMENT
RULES OF ORIGIN
SOCIAL COST
SPECIAL SAFEGUARD
SUSTAINABLE GROWTH
TARIFF BARRIERS
TARIFF BINDINGS
TARIFF CONCESSIONS
TARIFF EQUIVALENT
TARIFF ESCALATION
TARIFF PROTECTION
TARIFF RATES
TARIFF REDUCTIONS
TARIFF REVENUE
TAX
TAX EXEMPTIONS
TOTAL OUTPUT
TOURISM
TRACK RECORD
TRADE AGREEMENTS
TRADE BARRIERS
TRADE COSTS
TRADE DATA
TRADE EFFECTS
TRADE EXPANSION
TRADE FACILITATION
TRADE FLOWS
TRADE LIBERALIZATION
TRADE LIBERALIZATION PROCESS
TRADE LOGISTICS
TRADE NEGOTIATIONS
TRADE POLICIES
TRADE POLICY
TRADE POLICY IMPLICATIONS
TRADE PREFERENCES
TRADE REFORMS
TRADE REMEDIES
TRADE RESTRICTIONS
TRADE ROUNDS
TRADE VOLUMES
TRANSACTIONS COSTS
TRANSPARENCY
UNEMPLOYMENT
UNEMPLOYMENT RATES
UNILATERAL LIBERALIZATION
URUGUAY ROUND
VALUE ADDED
VOLATILITY
WELFARE LOSS
WORLD ECONOMY
WORLD MARKETS
WORLD PRICES
WORLD TRADE
WORLD TRADE ORGANIZATION
WORLD TRADING SYSTEM
WTO
spellingShingle ADVERSE CONSEQUENCES
ADVERSE IMPACTS
AGGREGATE DEMAND
AGRICULTURAL COMMODITIES
AGRICULTURAL EXPORT SUBSIDIES
AGRICULTURAL PRODUCTION
AGRICULTURAL PRODUCTS
AGRICULTURAL SUBSIDIES
AGRICULTURAL SUPPORT
AGRICULTURE
ANTIDUMPING
ANTIDUMPING ACTIONS
ANTIDUMPING DATABASE
ANTIDUMPING DUTY
APPAREL
AVERAGE TARIFFS
BINDING CONSTRAINT
BORDER PROTECTION
BUSINESS ENVIRONMENT
CAPITAL FLOWS
CAPITAL GOODS
CARBON EMISSIONS
COMMODITY
COMMODITY PRICES
COMPARATIVE ADVANTAGE
COMPETITIVENESS
CONCESSIONS
CONSUMERS
COST OF CAPITAL
COST OF FINANCE
CRITICAL MASS
CROP INSURANCE
DEVELOPED COUNTRIES
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPING ECONOMIES
DEVELOPMENT FINANCE
DISPUTE SETTLEMENT
DISPUTE SETTLEMENT MECHANISM
DOMESTIC INDUSTRIES
DOMESTIC MARKETS
DOMESTIC PRICES
DOMESTIC PRODUCERS
DUMPING
ECONOMIC CRISIS
ECONOMIC DEVELOPMENT
ECONOMIC DOWNTURN
ECONOMIC JUSTIFICATION
ECONOMIC ORDER
ECONOMIC POLICY
ECONOMIC SITUATION
ELASTICITY
ENVIRONMENTAL BENEFITS
ENVIRONMENTAL EXTERNALITIES
ENVIRONMENTAL SUSTAINABILITY
EXPANSIONARY POLICIES
EXPORT GROWTH
EXPORT INDUSTRIES
EXPORT RESTRICTIONS
EXPORT SUPPLY
EXPORT TAXES
EXPORTERS
EXPORTS
EXTERNAL FINANCING
EXTERNAL SHOCKS
EXTERNALITIES
FINANCIAL CRISES
FINANCIAL CRISIS
FINANCIAL SECTORS
FINANCIAL SERVICES
FOOD PRICES
FOREIGN DIRECT INVESTMENT
FOREIGN EXCHANGE
FOREIGN MARKETS
FOREIGN SUPPLIERS
FREE ACCESS
FREE TRADE
GDP
GLOBAL CLIMATE
GLOBAL ECONOMY
GLOBAL EXPORTS
GLOBAL TRADE
GLOBALIZATION
GOVERNMENT EXPENDITURES
IMPORT BARRIERS
IMPORT COMPETITION
IMPORT RESTRICTIONS
IMPORTS
INCOME
INDUSTRIAL COUNTRIES
INDUSTRIAL COUNTRY
INFORMATION TECHNOLOGY
INSTITUTIONAL INFRASTRUCTURE
INTERNATIONAL PRICES
INTERNATIONAL TRADE
INVENTORIES
INVESTMENT INCENTIVES
JURISDICTION
LDCS
LOW-INCOME COUNTRIES
MARKET ACCESS
MEASURE OF TRADE
MIDDLE INCOME COUNTRIES
MONETARY POLICY
MULTILATERAL AGREEMENT
MULTILATERAL DISCIPLINES
MULTILATERAL NEGOTIATIONS
MULTILATERAL RULES
MULTILATERAL SYSTEM
MULTILATERAL TRADE
MULTILATERAL TRADE AGREEMENTS
MULTILATERAL TRADE LIBERALIZATION
MULTILATERAL TRADE NEGOTIATION
MULTILATERAL TRADE NEGOTIATIONS
MUTUAL RECOGNITION
MUTUAL RECOGNITION OF STANDARDS
NATIONAL MARKETS
NATURAL RESOURCES
NEGATIVE SPILLOVERS
NEW MARKET
OIL PRICE
OPEN MARKETS
OPEN TRADE REGIME
OPENNESS
POLITICAL ECONOMY
PREFERENTIAL ACCESS
PREFERENTIAL AGREEMENT
PREFERENTIAL AGREEMENTS
PREFERENTIAL TRADE
PREFERENTIAL TRADE AGREEMENTS
PRICE VOLATILITY
PRIVATE CAPITAL
PRIVATE CAPITAL FLOWS
PROPERTY RIGHTS
PROTECTIONISM
PROTECTIONIST
PROTECTIONIST MEASURES
PROTECTIONIST PRESSURES
QUANTITATIVE RESTRICTIONS
RATES OF PROTECTION
REAL GDP
REAL INCOME
RECIPROCITY
RED TAPE
REFORM PROGRAM
REGIONAL TRADE
REGIONAL TRADE AGREEMENTS
REGIONALISM
REGULATORY ENVIRONMENT
REGULATORY REGIMES
REINVESTMENT
RULES OF ORIGIN
SOCIAL COST
SPECIAL SAFEGUARD
SUSTAINABLE GROWTH
TARIFF BARRIERS
TARIFF BINDINGS
TARIFF CONCESSIONS
TARIFF EQUIVALENT
TARIFF ESCALATION
TARIFF PROTECTION
TARIFF RATES
TARIFF REDUCTIONS
TARIFF REVENUE
TAX
TAX EXEMPTIONS
TOTAL OUTPUT
TOURISM
TRACK RECORD
TRADE AGREEMENTS
TRADE BARRIERS
TRADE COSTS
TRADE DATA
TRADE EFFECTS
TRADE EXPANSION
TRADE FACILITATION
TRADE FLOWS
TRADE LIBERALIZATION
TRADE LIBERALIZATION PROCESS
TRADE LOGISTICS
TRADE NEGOTIATIONS
TRADE POLICIES
TRADE POLICY
TRADE POLICY IMPLICATIONS
TRADE PREFERENCES
TRADE REFORMS
TRADE REMEDIES
TRADE RESTRICTIONS
TRADE ROUNDS
TRADE VOLUMES
TRANSACTIONS COSTS
TRANSPARENCY
UNEMPLOYMENT
UNEMPLOYMENT RATES
UNILATERAL LIBERALIZATION
URUGUAY ROUND
VALUE ADDED
VOLATILITY
WELFARE LOSS
WORLD ECONOMY
WORLD MARKETS
WORLD PRICES
WORLD TRADE
WORLD TRADE ORGANIZATION
WORLD TRADING SYSTEM
WTO
Hoekman, Bernard
Martin, Will
Mattoo, Aaditya
Conclude Doha : It Matters!
geographic_facet The World Region
The World Region
relation Policy Research working paper ; no. WPS 5135
description The Doha Round must be concluded not because it will produce dramatic liberalization but because it will create greater security of market access. Its conclusion would strengthen, symbolically and substantively, the WTO s valuable role in restraining protectionism in the current downturn. What is on the table would constrain the scope for tariff protection in all goods, ban agricultural export subsidies in the industrial countries and sharply reduce the scope for distorting domestic support - by 70 per cent in the EU and 60 per cent in the US. Average farm tariffs that exporters face would fall to 12 per cent (from 14.5 per cent) and the tariffs on exports of manufactures to less than 2.5 per cent (from about 3 per cent). There are also environmental benefits to be captured, in particular disciplining the use of subsidies that encourage over-fishing and lowering tariffs on technologies that can help mitigate global warming. An agreement to facilitate trade by cutting red tape will further expand trade opportunities. Greater market access for the least-developed countries will result from the "duty free and quota free" proposal and their ability to take advantage of new opportunities will be enhanced by the Doha-related "aid for trade" initiative. Finally, concluding Doha would create space for multilateral cooperation on critical policy matters that lie outside the Doha Agenda, most urgently the trade policy implications of climate change mitigation.
format Publications & Research :: Policy Research Working Paper
author Hoekman, Bernard
Martin, Will
Mattoo, Aaditya
author_facet Hoekman, Bernard
Martin, Will
Mattoo, Aaditya
author_sort Hoekman, Bernard
title Conclude Doha : It Matters!
title_short Conclude Doha : It Matters!
title_full Conclude Doha : It Matters!
title_fullStr Conclude Doha : It Matters!
title_full_unstemmed Conclude Doha : It Matters!
title_sort conclude doha : it matters!
publishDate 2012
url http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20091118112934
http://hdl.handle.net/10986/4327
_version_ 1764390943318867968
spelling okr-10986-43272021-04-23T14:02:17Z Conclude Doha : It Matters! Hoekman, Bernard Martin, Will Mattoo, Aaditya ADVERSE CONSEQUENCES ADVERSE IMPACTS AGGREGATE DEMAND AGRICULTURAL COMMODITIES AGRICULTURAL EXPORT SUBSIDIES AGRICULTURAL PRODUCTION AGRICULTURAL PRODUCTS AGRICULTURAL SUBSIDIES AGRICULTURAL SUPPORT AGRICULTURE ANTIDUMPING ANTIDUMPING ACTIONS ANTIDUMPING DATABASE ANTIDUMPING DUTY APPAREL AVERAGE TARIFFS BINDING CONSTRAINT BORDER PROTECTION BUSINESS ENVIRONMENT CAPITAL FLOWS CAPITAL GOODS CARBON EMISSIONS COMMODITY COMMODITY PRICES COMPARATIVE ADVANTAGE COMPETITIVENESS CONCESSIONS CONSUMERS COST OF CAPITAL COST OF FINANCE CRITICAL MASS CROP INSURANCE DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPING ECONOMIES DEVELOPMENT FINANCE DISPUTE SETTLEMENT DISPUTE SETTLEMENT MECHANISM DOMESTIC INDUSTRIES DOMESTIC MARKETS DOMESTIC PRICES DOMESTIC PRODUCERS DUMPING ECONOMIC CRISIS ECONOMIC DEVELOPMENT ECONOMIC DOWNTURN ECONOMIC JUSTIFICATION ECONOMIC ORDER ECONOMIC POLICY ECONOMIC SITUATION ELASTICITY ENVIRONMENTAL BENEFITS ENVIRONMENTAL EXTERNALITIES ENVIRONMENTAL SUSTAINABILITY EXPANSIONARY POLICIES EXPORT GROWTH EXPORT INDUSTRIES EXPORT RESTRICTIONS EXPORT SUPPLY EXPORT TAXES EXPORTERS EXPORTS EXTERNAL FINANCING EXTERNAL SHOCKS EXTERNALITIES FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL SECTORS FINANCIAL SERVICES FOOD PRICES FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN MARKETS FOREIGN SUPPLIERS FREE ACCESS FREE TRADE GDP GLOBAL CLIMATE GLOBAL ECONOMY GLOBAL EXPORTS GLOBAL TRADE GLOBALIZATION GOVERNMENT EXPENDITURES IMPORT BARRIERS IMPORT COMPETITION IMPORT RESTRICTIONS IMPORTS INCOME INDUSTRIAL COUNTRIES INDUSTRIAL COUNTRY INFORMATION TECHNOLOGY INSTITUTIONAL INFRASTRUCTURE INTERNATIONAL PRICES INTERNATIONAL TRADE INVENTORIES INVESTMENT INCENTIVES JURISDICTION LDCS LOW-INCOME COUNTRIES MARKET ACCESS MEASURE OF TRADE MIDDLE INCOME COUNTRIES MONETARY POLICY MULTILATERAL AGREEMENT MULTILATERAL DISCIPLINES MULTILATERAL NEGOTIATIONS MULTILATERAL RULES MULTILATERAL SYSTEM MULTILATERAL TRADE MULTILATERAL TRADE AGREEMENTS MULTILATERAL TRADE LIBERALIZATION MULTILATERAL TRADE NEGOTIATION MULTILATERAL TRADE NEGOTIATIONS MUTUAL RECOGNITION MUTUAL RECOGNITION OF STANDARDS NATIONAL MARKETS NATURAL RESOURCES NEGATIVE SPILLOVERS NEW MARKET OIL PRICE OPEN MARKETS OPEN TRADE REGIME OPENNESS POLITICAL ECONOMY PREFERENTIAL ACCESS PREFERENTIAL AGREEMENT PREFERENTIAL AGREEMENTS PREFERENTIAL TRADE PREFERENTIAL TRADE AGREEMENTS PRICE VOLATILITY PRIVATE CAPITAL PRIVATE CAPITAL FLOWS PROPERTY RIGHTS PROTECTIONISM PROTECTIONIST PROTECTIONIST MEASURES PROTECTIONIST PRESSURES QUANTITATIVE RESTRICTIONS RATES OF PROTECTION REAL GDP REAL INCOME RECIPROCITY RED TAPE REFORM PROGRAM REGIONAL TRADE REGIONAL TRADE AGREEMENTS REGIONALISM REGULATORY ENVIRONMENT REGULATORY REGIMES REINVESTMENT RULES OF ORIGIN SOCIAL COST SPECIAL SAFEGUARD SUSTAINABLE GROWTH TARIFF BARRIERS TARIFF BINDINGS TARIFF CONCESSIONS TARIFF EQUIVALENT TARIFF ESCALATION TARIFF PROTECTION TARIFF RATES TARIFF REDUCTIONS TARIFF REVENUE TAX TAX EXEMPTIONS TOTAL OUTPUT TOURISM TRACK RECORD TRADE AGREEMENTS TRADE BARRIERS TRADE COSTS TRADE DATA TRADE EFFECTS TRADE EXPANSION TRADE FACILITATION TRADE FLOWS TRADE LIBERALIZATION TRADE LIBERALIZATION PROCESS TRADE LOGISTICS TRADE NEGOTIATIONS TRADE POLICIES TRADE POLICY TRADE POLICY IMPLICATIONS TRADE PREFERENCES TRADE REFORMS TRADE REMEDIES TRADE RESTRICTIONS TRADE ROUNDS TRADE VOLUMES TRANSACTIONS COSTS TRANSPARENCY UNEMPLOYMENT UNEMPLOYMENT RATES UNILATERAL LIBERALIZATION URUGUAY ROUND VALUE ADDED VOLATILITY WELFARE LOSS WORLD ECONOMY WORLD MARKETS WORLD PRICES WORLD TRADE WORLD TRADE ORGANIZATION WORLD TRADING SYSTEM WTO The Doha Round must be concluded not because it will produce dramatic liberalization but because it will create greater security of market access. Its conclusion would strengthen, symbolically and substantively, the WTO s valuable role in restraining protectionism in the current downturn. What is on the table would constrain the scope for tariff protection in all goods, ban agricultural export subsidies in the industrial countries and sharply reduce the scope for distorting domestic support - by 70 per cent in the EU and 60 per cent in the US. Average farm tariffs that exporters face would fall to 12 per cent (from 14.5 per cent) and the tariffs on exports of manufactures to less than 2.5 per cent (from about 3 per cent). There are also environmental benefits to be captured, in particular disciplining the use of subsidies that encourage over-fishing and lowering tariffs on technologies that can help mitigate global warming. An agreement to facilitate trade by cutting red tape will further expand trade opportunities. Greater market access for the least-developed countries will result from the "duty free and quota free" proposal and their ability to take advantage of new opportunities will be enhanced by the Doha-related "aid for trade" initiative. Finally, concluding Doha would create space for multilateral cooperation on critical policy matters that lie outside the Doha Agenda, most urgently the trade policy implications of climate change mitigation. 2012-03-19T19:14:03Z 2012-03-19T19:14:03Z 2009-11-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20091118112934 http://hdl.handle.net/10986/4327 English Policy Research working paper ; no. WPS 5135 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper The World Region The World Region