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Assessing the Doha Round: Market access, transactions costs and aid for trade facilitation

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  • Bernard Hoekman
  • Alessandro Nicita

Abstract

This paper compares the predicted trade impacts of a successful Doha Round with the trade effects of actions aimed at reducing domestic trade costs for traders in developing countries and the world as a whole. We show that a relatively small reduction in trade costs will generate trade impacts that are larger than what is likely to emerge even from a relatively ambitious Doha Round market access outcome. This illustrates the importance of complementing market access commitments with measures to reduce trade costs in developing countries - which is the objective of the trade facilitation negotiations in the Doha Round - and additional aid for trade to assist countries in covering the costs of improving trade-related procedures and processes.

Suggested Citation

  • Bernard Hoekman & Alessandro Nicita, 2010. "Assessing the Doha Round: Market access, transactions costs and aid for trade facilitation," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 19(1), pages 65-79.
    • Handle: RePEc:taf:jitecd:v:19:y:2010:i:1:p:65-79
    DOI: 10.1080/09638190903327476
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