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Dynamics and Structure of Non-Tariff Measures Applied in International Trade
[Динамика И Структура Нетарифных Мер, Применяемых В Международной Торговле]

Author

Listed:
  • Kadochnikov, Pavel (Кадочников, Павел)

    (Russian Foreign Trade Academy)

  • Flegontova, Tatiana (Флегонтова, Татьяна)

    (Russian Presidential Academy of National Economy and Public Administration)

  • Aliev, Timur (Алиев, Тимур)

    (Russian Presidential Academy of National Economy and Public Administration)

Abstract

Trade volume growth in 2017, the strongest since 2011, was driven mainly by cyclical factors, particularly increased investment and consumption expenditure. The WTO is forecasting that global trade will expand in the coming years. The promising situation in international trade largely depends on the sustainability of global economic growth and the decisions of the largest countries’ governments regarding monetary, fiscal and especially trade policies. High uncertainty is associated with the implementation of negative scenarios in the event that some countries will apply protectionist measures and restrictive trade policy. Rising protectionism is a trend that has been strengthening in international trade for more than ten years. A new wave of protectionism was linked to the global financial and economic crisis. The recent steps taken by the United States administration to decrease trade deficit with the key partners, China in particular, are the most vivid example in this respect. Protectionism is reflected not only in the form of the introduction of tariff restrictions. Since the beginning of the 2000s, the role of non-tariff measures has grown significantly in the context of reducing tariff barriers in accordance with the WTO obligations and the rapid development of regional trade agreements. This article analyzes the dynamics and structure of non-tariff measures used in modern international trade and shows their relationship with the reduction of tariff restrictions and the development of preferential trade agreements. A similar analysis is done on the anti-dumping measures as one of the most common instruments of non-tariff regulation of international trade.

Suggested Citation

  • Kadochnikov, Pavel (Кадочников, Павел) & Flegontova, Tatiana (Флегонтова, Татьяна) & Aliev, Timur (Алиев, Тимур), 2018. "Dynamics and Structure of Non-Tariff Measures Applied in International Trade [Динамика И Структура Нетарифных Мер, Применяемых В Международной Торговле]," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 6, pages 82-101, December.
  • Handle: RePEc:rnp:ecopol:ep1849
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    References listed on IDEAS

    as
    1. Olivier Cadot & Julien Gourdon, 2016. "Non-tariff measures, preferential trade agreements, and prices: new evidence," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 152(2), pages 227-249, May.
    2. Thomas J. Prusa & Robert Teh, 2010. "Protection Reduction and Diversion: PTAs and the Incidence of Antidumping Disputes," NBER Working Papers 16276, National Bureau of Economic Research, Inc.
    3. Malhotra, Nisha & Gulati, Sumeet, 2003. "The Users Of Lumber And The Us-Canada Softwood Lumber Agreement: An Event Study," Working Papers 15842, University of British Columbia, Food and Resource Economics.
    4. Ippolit Ippolitovich Dyumulen, 2016. "Non-tariff measures in modern international trade: some questions of the theory; practice and rules of the WTO; Russia’s interests," Russian Foreign Economic Journal, Russian Foreign Trade Academy Ministry of economic development of the Russian Federation, issue 2, pages 3-20, February.
    5. Cadot, Olivier, 2015. "NTMs, Preferential Trade Agreements, and Prices: New evidence," Papers 807, World Trade Institute.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    WTO; protectionism; non-tariff measures; anti-dumping measures; regional (preferential) trade agreements.;
    All these keywords.

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F15 - International Economics - - Trade - - - Economic Integration
    • F18 - International Economics - - Trade - - - Trade and Environment

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