Global Economic Prospects 2005 : Trade, Regionalism, and Development.

The proliferation of regional trade agreements is fundamentally altering the world trade landscape. The number of agreements in force surpasses 200 and has risen eight-fold in two decades. Today as much as 40 percent of global trade takes place among countries that have some form of reciprocal regio...

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Bibliographic Details
Online Access: Full text (MCPHS users only)
Corporate Author: World Bank
Format: Electronic eBook
Language:English
Published: Washington, D.C. : The World Bank, 2004
Series:Global Economic Prospects.
World Bank e-Library.
Subjects:
Local Note:ProQuest Ebook Central
Table of Contents:
  • Foreword
  • Acknowledgments
  • Overview
  • Abbreviations
  • Frequently Cited Regional Trading Agreements and the Parties to Them
  • Chapter 1 Global Outlook and the Developing Countries
  • The Global Economy: From Recovery to Expansion
  • Commodity Markets
  • World Trade
  • International Finance
  • Risks and Policy Ppriorities
  • Long-Term Growth, Structural Change, and Poverty
  • Structural Changes over Two Decades
  • Structural Change in the Future
  • Poverty Forecast
  • Concluding Remarks
  • Notes
  • References.
  • Chapter 2 Regional Trade and Preferential Trading Agreements: A Global Perspective
  • The Proliferation of Regional Preference Systems
  • Trends in Trade and Growth by Region
  • Changing Export Composition and the Rise of Global Production Networks
  • Preferential Trade and Regional Outcomes
  • Conclusion
  • Notes
  • References
  • Chapter 3 Regional Trade Agreements: Effects on Trade
  • The Impact of RTAs on Merchandise Trade and Incomes
  • Ingredients of Success
  • Conclusions: Preferential Trade Agreements and Economic Development
  • Notes
  • References.
  • Chapter 4 Beyond Trade Policy Barriers: Lowering Trade Costs Together
  • The Costs of Trade
  • Regional Agreements to Facilitate Trade and Transport
  • Standards, Conformity Assessments, and RTAs
  • Trade-Related Regional Cooperation Agreements
  • Conclusions
  • Notes
  • References
  • Chapter 5 Beyond Merchandise Trade: Services, Investment, Intellectual Property, and Labor Mobility
  • Services, Investment, and IPRs in Regional Agreements
  • Economic Consequences of Services, Investment, and IPR Provisions in RTAs
  • RTAs and Provisions for Movement of Labor.
  • Conclusions: Beyond Merchandise Trade
  • Notes
  • References
  • Chapter 6 Making Regionalism Complementary to Multilateralism
  • Preferential Agreements within the Global Context
  • Building Blocks versus Stumbling Blocks
  • The Competitive Liberalization Game: The Case of Doha
  • Multilateral Disciplines on Regional Arrangements
  • Making Open Regionalism Work for Development
  • Notes
  • References
  • Figures
  • 1.1 A record year for developing countries in 2004
  • 1.2 Strong growth across most regions
  • 1.3 Tradable price developments.
  • 1.4 Terms of trade impacts from higher commodity prices, 2001-04
  • 1.5 The oil-important burden for selected countries
  • 1.6 Crude oil prices, 1960-2004
  • 1.7 World trade rebounds
  • 1.8 Export performance, percent change in market share since 2000
  • 1.9 Trade balances in major regions
  • 1.10 Developing countries' debt and interest payments easing downward since 1999
  • 1.11 Rising U.S. dollar reserves
  • 1.12 Impact of a 200 basis point increase in interest rates
  • 1.13 First year impacts of a 10 increase in oil prices
  • 1.14 A rise in services
  • 1.15 Rising openness to trade.