scholarly journals Why Do Economies Enter into Preferential Agreements on Trade in Services? Assessing the Potential for Negotiated Regulatory Convergence in Asian Services Markets

2016 ◽  
Vol 33 (1) ◽  
pp. 56-73 ◽  
Author(s):  
Pierre Sauvé ◽  
Anirudh Shingal

More than one-third of the World Trade Organization-notified services trade agreements that were in effect between January 2008 and August 2015 involved at least one South or Southeast Asian trading partner. Drawing on Baier and Bergstrand's ( 2004 ) determinants of preferential trade agreements and using the World Bank's database on the restrictiveness of domestic services regimes (Borchert, Gootiiz, and Mattoo 2012 ), we examine the potential for negotiated regulatory convergence in Asian services markets. Our results suggest that Asian economies with high levels of preexisting bilateral merchandise trade and wide differences in services regulatory frameworks are more likely candidates for services trade agreement formation. Such results lend support to the hypothesis that the heightened “servicification” of production generates demand for the lowered services input costs resulting from negotiated market openings.

2019 ◽  
Vol 22 (3) ◽  
pp. 389-416
Author(s):  
Andrew D Mitchell ◽  
Neha Mishra

Abstract While the free cross-border movement of data is essential to many aspects of international trade, several countries have imposed restrictions on these data flows. The pre-internet rules of the World Trade Organization (`WTO') discipline some of these restrictions, but they are insufficient. Unfortunately, so are the electronic commerce chapters in modern preferential trade agreements. This article argues that reformed WTO rules, which take account of the policy challenges of the data-driven economy, are required. These reforms would facilitate internet openness while ensuring consumer and business trust, promoting digital inclusion of developing countries, and incorporating clear exceptions for legitimate domestic policies.


2021 ◽  
pp. 1-20
Author(s):  
Simon Wüthrich ◽  
Manfred Elsig

Abstract What explains the design of international institutions? Existing research has largely neglected how experience in cooperation in one set of international institutions impacts on design choices made by states in other globally-oriented institutions. We contribute to this evolving debate by analyzing spillovers in experience in international trade. We argue that countries' track record of interaction in multilateral trade disputes affects the design of their preferential trade agreements (PTAs). If a country participates in a complaint against a prospective PTA partner at the World Trade Organization (WTO), the challenge in Geneva alerts the defendant's import-competing industries with respect to potential challenges under the planned PTA. As a result, these industries exert pressure on their government to preserve leeway under the future treaty, leading to increased flexibility and a lower level of enforcement in the PTA. We find support for our hypotheses in an empirical analysis of 347 PTAs concluded post 1990.


2018 ◽  
Vol 7 (2) ◽  
pp. 300-333
Author(s):  
Patrícia Nasser de Carvalho

Desde a institucionalização da Organização Mundial do Comércio (OMC), em 1995, ficaram evidentes as suas importantes conquistas na promoção do livre comércio e na gestão das regulações de bases multilaterais do Sistema de Comércio Internacional. No entanto, desde a última rodada (ainda em curso) de negociações da OMC, iniciada em 2001, em Doha, também foram revelados diversos impasses, que provocaram lentidão no avanço de entendimentos, parcos resultados no processo decisório e falta de interesse político dos seus membros. Esses obstáculos deixaram um vácuo no Sistema de Comércio Internacional multilateral, que vem sendo preenchido pelos Acordos preferenciais de comércio (APCs), ou seja, a opção dos países, em sua maioria membros da OMC, por barganhar APCs, neste início de século está intrinsicamente ligada às dificuldades encontradas por eles em concluir acordos satisfatórios nas rodadas de negociações comerciais multilaterais. No início do século XXI, a ampliação do número de APCs se dá a um ritmo de crescimento inigualável em todas as regiões do mundo. A partir de uma discussão pautada na perspectiva da Economia Política Internacional, os objetivos deste trabalho são: a) discutir os principais impasses no Sistema de Comércio Internacional multilateral, tendo em vista as dificuldades enfrentadas pela OMC ao longo das últimas duas décadas; b) a partir da análise dos dados disponíveis, identificar as principais configurações e tendências da proliferação de APCs no mundo, processos que se que intensificam na década de 1990, mas que ganharam mais fôlego no início do século XXI e formam estruturas normativas distintas da OMC.   Abstract: Since the institutionalization of the World Trade Organization (WTO), in 1995, its important achievements in the promotion of free trade and in the management of the regulations of multilateral bases of the International Trade System have been evident. However, since the last round (still in progress) of the WTO negotiations, which had begun in Doha in 2001, a number of deadlocks were also been revealed, which have resulted in slow progress in understandings, lack of results in the decision-making process and lack of political interest of its members. However, a number of deadlocks have also been revealed, which have led to slow progress in understanding, poor results in the decision-making process and lack of political interest of its members. These obstacles have left a vacuum in the multilateral International Trade System, which is being filled by the Preferential Trade Agreements (PTAs). This is the option of countries, mostly of them WTO members, to bargain PTAs, is intrinsically linked to the constraints they encountered in concluding satisfactory agreements in the rounds of multilateral trade negotiations. At the beginning of the 21st century, the expansion of the number of PTAs is at an unequaled growth rate in all regions of the world. From a discussion based on the perspective of International Political Economy, the objectives of this work are: a) to discuss the main deadlocks in the multilateral International Trade System in this century, given the difficulties faced by the WTO over the last two decades; b) from the analysis of the available data, to identify the main configurations and trends of the proliferation of PTAs in the world, processes that have been intensified since the 1990s, but have been a growing trend in the 21st century and taking different normative structures other than the WTO. Keywords: World Trade Organization (WTO); International Trade; Preferential Trade Agreements; International Trade System.     Recebido em: maio/2018 Aprovado em: agosto/2018


2019 ◽  
Vol 23 (1) ◽  
pp. 119-141
Author(s):  
Tom S H Moerenhout

ABSTRACT Energy subsidy and pricing reform is widely heralded as a necessity to transition to sustainable development and keep global warming below 2°C. Energy pricing policies and subsidies are also at the heart of the energy–trade–climate nexus, but progress has been slow within the international trade regime. This is unlike other international organizations or networks, where progress has been more substantial. This article investigates the lack of legitimacy to regulate or coordinate pricing reform and links it to fundamentally divergent interests between fuel producers and importers. The article discusses the regulatory and coordinative potential of the World Trade Organization and preferential trade agreements. It finds that at the World Trade Organization, the Subsidies and Countervailing Measures, the Anti-Dumping Agreement, case law, Ricardian theory, and negotiation history all preempt the consideration of most pricing policies as subsidies. As a result, subsidy notification within the World Trade Organization is low and while other options for improving transparency via the Committee on Trade and Environment and Trade Policy Review Mechanism have been suggested, not much has actually happened because producers protect their comparative advantage. Therefore, support for fuel pricing reform remains on a general level via Ministerial Statements or through general provisions in preferential trade agreements that reconfirm the G-20 and Asia Pacific Economic Cooperation commitments to fuel subsidy reform. The only real advancement has been made within bilateral trade negotiations where heavyweights such as the European Union can push trading partners to abandon dual pricing policies.


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