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Trade Policy Options for Korea Trade Policy Options for Korea Outside the Doha Round Outside the Doha Round

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Author Info
Alan V. Deardorff (University of Michigan)

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Abstract

The Doha Round of Multilateral Trade Negotiations within the World Trade Organization has reached an impasse from which it may never recover. Policymakers in Korea, as in other countries, must decide how to deal with this failure and what policies to pursue in its stead. Here I discuss some of the options, ranging from abandoning the WTO disciplines and raising tariffs, to unilateral reduction of tariffs to zero. Much of the discussion concerns the formation of bilateral or regional free trade agreements, which should be structured to avoid some of their less desirable features.

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File URL: http://www.fordschool.umich.edu/rsie/workingpapers/Papers551-575/r568.pdf
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Paper provided by Research Seminar in International Economics, University of Michigan in its series Working Papers with number 568.

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Length: 28 pages
Date of creation: 2007
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Handle: RePEc:mie:wpaper:568

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Web page: http://www.fordschool.umich.edu/rsie/
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  1. Drusilla K. Brown & Kozo Kiyota & Robert M. Stern, 2004. "Computational Analysis of the Menu of U.S.-Japan Trade Policies," Hi-Stat Discussion Paper Series d04-63, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
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This page was last updated on 2009-11-25.

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