OECD Trade Policy Papers

ISSN :
1816-6873 (online)
DOI :
10.1787/18166873
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This series is designed to make available to a wider readership selected trade policy studies prepared for use within the OECD.

NB. No. 1 to No. 139 were released under the previous series title OECD Trade Policy Working Papers.

 

Multilateralising Regionalism

Strengthening Transparency Disciplines in Trade You or your institution have access to this content

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Author(s):
Iza Lej√°rraga1
Author Affiliations
  • 1: OECD, France

Publication Date
26 June 2013
Bibliographic information
No.:
152
Pages
48
DOI
10.1787/5k44t7k99xzq-en

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Countries embarking on trade negotiations are not only seeking increased market access, but also, reduced market opacity. This study distils the most progressive practices for promoting regulatory transparency in over one hundred regional trade agreements (RTAs) concluded by OECD and large emerging economies over the last decade. While there is a lively discussion on strengthening transparency in the World Trade Organization (WTO), scant attention has been paid to the evolution of corresponding disciplines in RTAs. And yet, this study finds that RTAs can be credited for introducing instruments that not only deepen existing multilateral transparency commitments ("WTO-plus"), but expand them to new areas that do not have precedents in WTO agreements ("WTO-beyond"). In particular, the paper illuminates a number of options that may be useful for policy-makers to consider in their efforts to reinforce transparency and predictability in international trade policy. Most of the transparency mechanisms identified are being applied on a non-discriminatory basis, since they are often non-excludable and non-exhaustible. The implication is that, although WTO-plus transparency measures may be de jure preferential by virtue of being inscribed in an RTA, they are de facto being extended on a most-favoured nation (MFN) basis. Moreover, there is a considerable level of homogeneity in WTO-plus transparency provisions across a critical mass of RTAs, which may facilitate convergence and adoption at the multilateral level.
Keywords:
trade, anti-corruption, transparency, regional trade agreements, regulatory cooperation, anti-bribery, multilateralising regionalism, free trade agreements, RTAs, FTAs, WTO, World Trade Organisation, preferential trade agreements, PTAs
JEL Classification:
  • F1: International Economics / Trade
  • F10: International Economics / Trade / General
  • F13: International Economics / Trade / Trade Policy; International Trade Organizations
  • F15: International Economics / Trade / Economic Integration