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rural-urban dynamics_report.pdf - Khazar University

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68 MACROECONOMIC, TRADE, AND AID DEVELOPMENTS GLOBAL MONITORING REPORT 2013<br />

FIGURE 1.21 Total number of measures<br />

implemented and still in force by each G-20<br />

country, November 2008–December 2012<br />

Saudi Arabia<br />

Mexico<br />

Japan<br />

Korea, Rep.<br />

Australia<br />

Canada<br />

South Africa<br />

Turkey<br />

United States<br />

Indonesia<br />

Italy<br />

Brazil<br />

Germany<br />

France<br />

United Kingdom<br />

India<br />

China<br />

Argentina<br />

Russian Federation<br />

EU-27<br />

0 50 100 150 200 250 300<br />

Total<br />

Liberalizing or transparency improving measures<br />

Likely to be restrictive and discriminatory against<br />

foreign commercial interests<br />

Restrictive and discriminatory against foreign<br />

commercial interest<br />

Source: Global Trade Alert database.<br />

Note: Individual measures may cover a very large portion of trade or just<br />

one product—these data are therefore not necessarily reflective of trade<br />

coverage. For example, Mexico reduced tariffs on 5,000 tariff lines, but this<br />

is reflected in just a few “measures.”<br />

Limited progress in Doha Round<br />

negotiations at the WTO<br />

The need for multilateral agreement remains<br />

critical to mitigate the use of trade restrictive<br />

measures and promote trade openness. However,<br />

the prospects for successfully concluding<br />

the Doha Development Agenda (DDA) negotiations—now<br />

entering their twelfth year—<br />

remain dim, with recent <strong>report</strong>s that WTO<br />

members have turned their attention in 2013<br />

to “realistic” deliverables, 14 rather than a<br />

conclusion to the whole round. The deadlock<br />

is costly. In terms of the market access dimension<br />

of what has been negotiated to date,<br />

there is a potential global welfare boost of<br />

some $160 billion at stake (Hoekman 2011).<br />

But often overlooked is the opportunity cost<br />

of the WTO not being able to deliver on its<br />

“legislative” function as an arbiter of new<br />

rules of the game in policy matters outside<br />

the framework of the DDA. These include<br />

“green” industrial policy measures, natural<br />

resource- and climate-related trade policies<br />

(such as carbon border adjustments), and<br />

export restrictions on food products to insulate<br />

domestic markets. DDA paralysis carries<br />

the risk of countries pursuing unilateral,<br />

potentially damaging, responses to the externalities<br />

of these policies.<br />

According to experts, much could be<br />

gained if a critical mass of the 15–20 or so<br />

largest WTO members were to agree to<br />

reduce applied barriers to trade and bind<br />

current levels of openness, but currently<br />

some large countries want more than other<br />

large countries are willing to offer (Hoekman<br />

2011). Over the course of 2012, topics<br />

including trade facilitation, agriculture, special<br />

and differential treatment, least developed<br />

country issues, and dispute settlement<br />

were advanced—according to the chairs of<br />

the various Doha negotiating groups—while<br />

others, like services, barely moved at all, and<br />

are unlikely to move forward in the months<br />

ahead. Successful negotiations at the upcoming<br />

December 2013 ninth ministerial conference<br />

in Bali are being viewed as a pivotal<br />

stepping stone—and necessary precondition—for<br />

ending the Doha Round, though<br />

there is little optimism that the conference<br />

itself will end the round (ICTSD 2012). At<br />

the most recent World Economic Forum in<br />

Davos, trade ministers from over 20 WTO<br />

member countries gathered informally and<br />

imposed an unofficial Easter deadline for<br />

taking stock of whether “meaningful results”<br />

in Bali will be possible. They agreed that success<br />

at the conference would have to include<br />

gains in the areas of trade facilitation, leastdeveloped<br />

country issues, and agriculture<br />

(ICTSD 2013).

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