Beyond market access : the new normal of preferential trade agreements
AbstractThis paper takes stock of the growing success of preferential trade agreements. It revisits what are the defining characteristics of modern preferential trade agreements, which are typically pursued for a diverse array of motives. In particular, the market access justification traditionally used to analyze the desirability and impact of preferential trade agreements misses increasingly important dimensions. The"Beyond Market Access"agenda of preferential trade agreements presents a new and broad set of deep regulatory and policy issues that differs in substance from the removal of tariff and quantitative barriers to trade. Issues related to preferences and discrimination, as well as the nature and implementation of commitments acquire a different meaning in deep preferential trade agreements. This change of paradigm presents significant opportunities and challenges for reform-minded developing countries to use preferential trade agreements to their own advantage.
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Bibliographic InfoPaper provided by The World Bank in its series Policy Research Working Paper Series with number 5454.
Date of creation: 01 Oct 2010
Date of revision:
Trade Law; Free Trade; Environmental Economics&Policies; Emerging Markets; Trade and Regional Integration;
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