Abstract
Most of the large tariff reductions achieved in multilateral trade negotiations have involved tariff--cutting formulas such as the "Swiss" formula. However, wide variations in initial tariff rates between active participants call for new approaches under the Doha Development Agenda. This paper surveys a range of formula options and examines both targeted and flexible applications of the Swiss formula that target tariff escalation and peaks, and would allow policy makers to directly target how far they will move towards free trade, while providing some flexibility for trading off reductions in peak tariffs against reductions in lower--tariff sectors. Copyright Blackwell Publishing Ltd 2003
| Original language | English |
|---|---|
| Title of host publication | in S. Jayasuriya ed, Trade Policy Reforms and Development Volume 2 - Essays in Honour of Peter Lloyd |
| Place of Publication | London |
| Publisher | E. Elgar |
| Pages | 1-28 |
| Volume | 26 |
| Publication status | Published - 2005 |
Fields of science
- 405002 Agricultural economics
- 502 Economics
- 502001 Labour market policy
- 502002 Labour economics
- 502003 Foreign trade
- 502009 Corporate finance
- 502010 Public finance
- 502012 Industrial management
- 502013 Industrial economics
- 502018 Macroeconomics
- 502020 Market research
- 502021 Microeconomics
- 502025 Econometrics
- 502027 Political economy
- 502039 Structural policy
- 502042 Environmental economics
- 502046 Economic policy
- 502047 Economic theory
- 504014 Gender studies
- 506004 European integration
- 507016 Regional economy
- 303010 Health economics
