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On the virtues of multilateral trade negotiations

Anderson, Kym

Description

Phasing out distortionary government subsidies and barriers to international trade will yield extraordinarily high benefits relative to any adjustment costs, notwithstanding the considerable reforms that have already taken place over the past two decades. The present paper surveys recent estimates, using global economy-wide simulation models, of the benefits of reducing remaining distortions by means of unilateral reform, multilateral trade negotiations and preferential trading...[Show more]

CollectionsANU Research Publications
Date published: 2005-12
Type: Journal article
URI: http://hdl.handle.net/1885/106004
Source: Economic Record
DOI: 10.1111/j.1475-4932.2005.00279.x

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