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 restraining protectionism. What is on the table would co...

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Main Authors: Hoekman, Bernard, Martin, Will, Mattoo, Aaditya
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/5839
id okr-10986-5839
recordtype oai_dc
spelling okr-10986-58392021-04-23T14:02:23Z Conclude Doha: It Matters! Hoekman, Bernard Martin, Will Mattoo, Aaditya Trade Policy International Trade Organizations F130 Trade and Environment F180 Agriculture in International Trade Q170 Environment and Development Environment and Trade Sustainability Environmental Accounts and Accounting Environmental Equity Population Growth Q560 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. 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% in the EU and 60% in the US. Average farm tariffs that exporters face would fall to 12% (from 14.5%) and the tariffs on exports of manufactures to less than 2.5% (from about 3%). 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. 2012-03-30T07:34:47Z 2012-03-30T07:34:47Z 2010 Journal Article World Trade Review 14747456 http://hdl.handle.net/10986/5839 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language EN
topic Trade Policy
International Trade Organizations F130
Trade and Environment F180
Agriculture in International Trade Q170
Environment and Development
Environment and Trade
Sustainability
Environmental Accounts and Accounting
Environmental Equity
Population Growth Q560
spellingShingle Trade Policy
International Trade Organizations F130
Trade and Environment F180
Agriculture in International Trade Q170
Environment and Development
Environment and Trade
Sustainability
Environmental Accounts and Accounting
Environmental Equity
Population Growth Q560
Hoekman, Bernard
Martin, Will
Mattoo, Aaditya
Conclude Doha: It Matters!
relation http://creativecommons.org/licenses/by-nc-nd/3.0/igo
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. 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% in the EU and 60% in the US. Average farm tariffs that exporters face would fall to 12% (from 14.5%) and the tariffs on exports of manufactures to less than 2.5% (from about 3%). 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 Journal Article
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://hdl.handle.net/10986/5839
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