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India, the WTO Bali Package, and Global Value Chains
India’s economy has become much more liberal over the last 20 years. Its applied tariff rate has gone down from a high 113% in 1990-91 to a low 13.7 by taking a simple average although some tariff...
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Unwelcome Benefits of the WTO Bali Deal?
After twelve years of tedious negotiations, only a fraction of the original Doha mandate remains. One is filled with certain surprise and relief, as the news of the Bali agreement reach us on...
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Bang or a Whimper? The Doha Round and the Bali Ministerial Meeting
The paradox of modern trade policy is that it is painfully difficult to stitch together a global trade deal despite economies being ever more densely integrated with another. The WTO is the premier...
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Resurrection?
Did you think that the Doha Round had died and was gone for good? Not so: the Trade Ministers in December “deeply regretted that … negotiations are at an impasse”; but they “remain...