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Beyond market access : the new normal of preferential trade agreements

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Listed author(s):
  • Chauffour, Jean-Pierre
  • Maur, Jean-Christophe

Abstract

This 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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Paper provided by The World Bank in its series Policy Research Working Paper Series with number 5454.

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Date of creation: 01 Oct 2010
Handle: RePEc:wbk:wbrwps:5454
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Keywords: Trade Law; Free Trade; Environmental Economics&Policies; Emerging Markets; Trade and Regional Integration;

This paper has been announced in the following NEP Reports:

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  1. Henrik Horn & Petros C. Mavroidis & André Sapir, 2010. "Beyond the WTO? An Anatomy of EU and US Preferential Trade Agreements," The World Economy, Wiley Blackwell, vol. 33(11), pages 1565-1588, November.
  2. Czubala, Witold & Shepherd, Ben & Wilson, John S., 2007. "Help or hindrance ? the impact of harmonized standards on african exports," Policy Research Working Paper Series 4400, The World Bank.
  3. Jean-Pierre Chauffour & Jean-Christophe Maur, 2011. "Preferential Trade Agreement Policies for Development : A Handbook," World Bank Publications, The World Bank, number 2329, July.
  4. Céline Carrère & Jaime de Melo & Bolormaa Tumurchudur, 2010. "Disentangling Market Access Effects of Preferential Trading Arrangements with an Application for ASEAN Members under an ASEAN-EU FTA," The World Economy, Wiley Blackwell, vol. 33(1), pages 42-59, 01.
  5. Jong-Wha Lee & Ju Hyun Pyun, 2016. "Does Trade Integration Contribute to Peace?," Review of Development Economics, Wiley Blackwell, vol. 20(1), pages 327-344, 02.
  6. Schiff, Maurice & Winters, L Alan, 1998. "Regional Integration as Diplomacy," World Bank Economic Review, World Bank Group, vol. 12(2), pages 271-295, May.
  7. Jean-Christophe Maur, 2005. "Exporting Europe's Trade Policy," The World Economy, Wiley Blackwell, vol. 28(11), pages 1565-1590, November.
  8. Bernard Hoekman & Aaditya Mattoo & André Sapir, 2007. "The political economy of services trade liberalization: a case for international regulatory cooperation?," Oxford Review of Economic Policy, Oxford University Press, vol. 23(3), pages 367-391, Autumn.
  9. Hoekman, Bernard & Sekkat, Khalid, 2010. "Arab Economic Integration: Missing links," CEPR Discussion Papers 7807, C.E.P.R. Discussion Papers.
  10. Glenn W. Harrison & Thomas F. Rutherford & David G. Tarr, 2014. "Trade Policy Options for Chile: The Importance of Market Access," World Scientific Book Chapters,in: APPLIED TRADE POLICY MODELING IN 16 COUNTRIES Insights and Impacts from World Bank CGE Based Projects, chapter 14, pages 329-359 World Scientific Publishing Co. Pte. Ltd..
  11. Patrick A. Messerlin & Jamel Zarrouk, 2000. "Trade Facilitation: Technical Regulations and Customs Procedures," The World Economy, Wiley Blackwell, vol. 23(04), pages 577-593, 04.
  12. Simon J. Evenett & Michael Meier, 2008. "An Interim Assessment of the US Trade Policy of 'Competitive Liberalization'," The World Economy, Wiley Blackwell, vol. 31(1), pages 31-66, 01.
  13. Maur, Jean-Christophe, 2008. "Regionalism and trade facilitation : a primer," Policy Research Working Paper Series 4464, The World Bank.
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