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The economics of special and differential trade regimes
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Conconi, Paola and Perroni, Carlo (2004) The economics of special and differential trade regimes. Working Paper. Coventry: University of Warwick. Centre for the Study of Globalisation and Regionalisation. Working papers (University of Warwick. Centre for the Study of Globalisation and Regionalisation) (No.143).
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Official URL: http://www2.warwick.ac.uk/fac/soc/csgr/research/wo...
Abstract
We examine the theoretical rationale for the granting of temporary Special and Differential (S&D) treatment to developing countries, both in its protection and market-access components under the WTO agreements. S&D rules constitute the centerpiece of the WTO's strategy for integrating developing countries into the trading system, but have been criticized--both on theoretical and empirical grounds--as being ineffective. We show that seemingly non-reciprocal, limited-duration S&D treatment can be rationalized as a transitional equilibrium feature of a self-enforcing international agreement between a large developed and a small developing country, where the two sides have a joint interest in helping the developing country to overcome a policy commitment problem.
Item Type: | Working or Discussion Paper (Working Paper) | ||||
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Subjects: | H Social Sciences > HF Commerce J Political Science > JZ International relations |
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Divisions: | Faculty of Social Sciences > Economics Faculty of Social Sciences > Centre for the Study of Globalisation and Regionalisation |
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Library of Congress Subject Headings (LCSH): | International trade, Economic development, Commercial treaties, Commercial policy, Developing countries -- Economic conditions | ||||
Series Name: | Working papers (University of Warwick. Centre for the Study of Globalisation and Regionalisation) | ||||
Publisher: | University of Warwick. Centre for the Study of Globalisation and Regionalisation | ||||
Place of Publication: | Coventry | ||||
Official Date: | July 2004 | ||||
Dates: |
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Number: | No.143 | ||||
Number of Pages: | 39 | ||||
Status: | Not Peer Reviewed | ||||
Access rights to Published version: | Open Access (Creative Commons) | ||||
Funder: | Economic and Social Research Council (Great Britain) (ESRC), European Commission (EC) |
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