IDEAS home Printed from https://ideas.repec.org/a/oup/wbrobs/v5y1990i1p25-46.html
   My bibliography  Save this article

Options for Dismantling Trade Restrictions in Developing Countries

Author

Listed:
  • Takacs, Wendy E

Abstract

Although many countries have adopted freer trade regimes or are in the process of reforming quantitative restrictions, such reforms are not without short-term costs. Sudden removal of quantitative restrictions can release a surge of demand for imports that can deplete foreign exchange reserves and force rapid adjustment by domestic industries. Five methods to move gradually liberalize quantitative restrictions are discussed: raising quota ceilings until they are nonbinding; eliminating quotas product by product; converting quotas to equivalent tariffs and then reducing them; auctioning quota licenses; and converting quotas to tariff quotas, and then liberalizing these. The various instruments are evaluated according to their implications for the adjustment period, for government revenue, for the balance of payments, and for the extent to which they are likely to produce political disruptions. Copyright 1990 by Oxford University Press.

Suggested Citation

  • Takacs, Wendy E, 1990. "Options for Dismantling Trade Restrictions in Developing Countries," The World Bank Research Observer, World Bank, vol. 5(1), pages 25-46, January.
    • Handle: RePEc:oup:wbrobs:v:5:y:1990:i:1:p:25-46
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Independent Evaluation Group, 2006. "Assessing World Bank Support for Trade, 1987-2004 : An IEG Evaluation," World Bank Publications - Books, The World Bank Group, number 6966, December.
    2. Dani Rodrik, 1993. "Trade and Industrial Policy Reform in Developing Countries: A Review of Recent Theory and Evidence," NBER Working Papers 4417, National Bureau of Economic Research, Inc.
    3. Robert Tatum, 2005. "Sustaining imperfectly credible trade liberalization: Do the rate of tariff reduction and the degree of labour mobility matter?," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 14(4), pages 407-435.
    4. Skully, David W., 1999. "The Economics Of Trq Administration," Working Papers 14584, International Agricultural Trade Research Consortium.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:wbrobs:v:5:y:1990:i:1:p:25-46. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://edirc.repec.org/data/wrldbus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.