Trading Up
Economic Perspectives on Development Issues in the Multilateral Trading System
Also available in: French
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The Doha Development Agenda
Welfare Gains from Further Multilateral Tariff Liberalisation
This paper considers the welfare gains form trade liberalisation with particular emphasis on reduction of tariff protection. The first part of the paper examines the present structure of tariffs, outlines the DDA work in the area of tariffs, briefly discusses the various approaches to tariff reduction used in past rounds of multilateral trade negotiations and considers a sample of the existing literature on the effects of various trade liberalisation scenarios involving tariff reductions.
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