WTO Market Access Negotiations for Non-Agricultural Products, Doha Round: Implications for East Asia
The East Asian economies continue to have a major interest in the global liberalisation of trade in industrial products. This interest is even more pronounced in the context of the deepening of the supply chain linkages in East Asia, a process that is associated in part with restructuring in Japan, Chinese Taipei and Korea and also the emergence of China in the world trading system. A number of formulae for negotiating industrial tariff reductions are now on the table in Geneva (including proposals from Japan, South Korea, China, Chinese Taipei, the United States and the European Union), and a first draft of the ‘modalities’ paper for achieving such cuts under the Doha Round was recently released. This paper reviews the impact of these formulae and comments on their relevance to countries in the East Asian community, including to the important goal of reforming their own tariff regimes. A genuine ‘top-down’ formula approach modelled on the Swiss approach is seen to offer the best economic prospects for multilateral tariff reform. Other risks in the approaches to industrial goods liberalisation, including more widespread application of anti-dumping and other safeguard measures, are also examined. The proliferation of anti-dumping action, including by developing World Trade Organization (WTO) members, as a multilaterally ‘sanctioned’ trade barrier, partly as an alternative to taking safeguards, is seriously threatening to undermine the benefits from global tariff reductions. Anti-dumping reform in the WTO to prevent its misuse as a protectionist trade measure is therefore seen as an essential corollary to further tariff reform. East Asian economies have strong common economic interests in ensuring that the Doha Round delivers meaningful trade liberalisation in industrial goods.
|Date of creation:||Dec 2002|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: (61-2) 6249 3780
Fax: (61-2) 6249 3941
Web page: https://crawford.anu.edu.au/research_units/ajrc/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:csg:ajrcau:334. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Akira Kinefuchi)
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.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.