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Impacts of Global Multilateral Trade Liberalization on Sustainability Indicators

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Author Info

  • Zhang, J.

    ()
    (University of Hawaii)

  • Dobranskyte, A.

    (Institute for Environment and Sustainability)

  • Berrittella, M.

    (University of Palermo)

Abstract

A computable general equilibrium model was used to analyze trade liberalization impacts on sustainability. On the basis of multilateral trade negotiations in Doha Round, partial trade liberalization (PTL) and deep trade liberalization (DTL) scenarios were designed to assess their impacts on economic, social and environmental dimensions of sustainability using selected indicators. In a short time period DTL scenario showed high sustainability performance for developed and developing regions. In a longer time period gradual trade liberalization (PTL) appeared to be more beneficial in terms of sustainability performance for developing and least developed regions. Under both PTL and DTL scenarios, the least developed countries would be worse off than more developed regions, suggesting that special treatments and time frame may need to be considered in future negotiation talks

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Bibliographic Info

Article provided by Center for Economic Integration, Sejong University in its journal Journal of Economic Integration.

Volume (Year): 22 (2007)
Issue (Month): ()
Pages: 995-1018

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Handle: RePEc:ris:integr:0421

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Web page: http://econo.sejong.ac.kr/
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Related research

Keywords: Trade liberalization; Sustainable development; Computable general;

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Cited by:
  1. Maria Berrittella, 2010. "A macroeconomic analysis of the public investments in European combined transport," Empirical Economics, Springer, vol. 39(1), pages 167-181, August.

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