Trade rules and environmental controversies during the Uruguay Round and beyond

Article Abstract:

The Uruguay Round of the General Agreement on Tariffs and Trade (GATT) did not specifically include environmental factors associated with international trade. Environmental issues will be resolved by the World Trade Organization since it will become the successor organization of the GATT. Among the more important controversies discussed in the Round were on sanitary standards, subsidies and intellectual property. It was argued that while Round agreements on environmental issues and sanitary standards were ambivalent, agreements on subsidies provided the most positive results.

Environmental aspects, Nontariff trade barriers

---

A Uruguay Round success?

Article Abstract:

A recomputation of the potential benefits of the Uruguay Round of the General Agreement on Tariffs and Trade on the global economy and trade was presented. A previous study computed the prospective gains to be about 1% to 1.5% of world gross product, or $262.5 billion in 1986 US dollars. The welfare benefits of the Round were recomputed in the areas of agriculture, textiles and clothing, manufactures, other goods and services. The revised computation presents the potential gain at 0.4% of world gross product, or $69.9 billion.

---

The developing countries and the next round of multilateral trade negotiations

Article Abstract:

The next round of multilateral trade negotiations must be used by the developing nations of the world as a venue to ensure continuing trade liberalization. These nations should be willing to support such measures as the creation of an investment code in an effort to guarantee the success of the next round of negotiations. Developing nations should be ready to adapt the strategy of 'watchful waiting' in instances where they are not capable of initiating the proposed measures themselves.

Administration of General Economic Programs, Intnl Economic Policy, Trade Relations NEC, Methods, Management, International economic relations, Trade negotiations

Similar abstracts:

• Abstracts: Price and monetary convergence in currency unions: the franc and rand zones. A pitfall in computing exchange rate density in the EMS band
• Abstracts: Privatization and management incentives in the transition period in Eastern Europe. The transition to free markets: where to begin privatization
• Abstracts: Evidence of pro-poor growth in Azerbaijan. Water and environment issues in the Black, Caspian, and Aral seas. The budget process in Caspian countries: the experience of Kazakhstan and Azerbaijan
• Abstracts: Are there differential returns to schooling by gender? The case of Indonesian labor markets. The collapse of primary schooling returns in South Africa 1960-90
• Abstracts: Econometrics and presidential elections. How to judge voting schemes. The single transferable vote

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.