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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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 |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
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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 |
_version_ |
1764396497435099136 |