The political economy of protection after the Uruguay Round
Includes bibliography
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2014
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oai-11362-105152020-03-03T20:03:42Z The political economy of protection after the Uruguay Round Araújo, José Tavares de GATT RONDA URUGUAY ANALISIS COSTO-BENEFICIO PROTECCIONISMO COST-BENEFIT ANALYSIS PROTECTIONISM URUGUAY ROUND GATT Includes bibliography This paper discusses the interplay between domestic policies and foreign interests under the institutional framework to be administered by' the World Trade Organization (WTO);. It presents a theoretical model that treats the WTO as the forum for an overlapping game which provides the rules for the maintenance of an open trading system among economies that are periodically submitted to protectionist pressures. Overlapping games occur when a particular player is engaged at the same time in games against distinct opponents, and when the strategy pursued in one game limits strategies available in the other. The basic rule provided by the model is that protection costs should be kept entirely within national borders, and the proper instrument to enforce this rule is the Agreement on Safeguards. Two main points are argued here. First, the effort to keep protection costs inside national borders improves the consistency of domestic policies. Second, although developing economies are expected to play an active part in the new trading system, most Latin American countries are not yet prepared for playing that role. 2014-01-02T18:41:18Z 2014-01-02T18:41:18Z 1995-04 Texto Sección o Parte de un Documento http://hdl.handle.net/11362/10515 LC/G.1858-P en CEPAL Review CEPAL Review 55 application/pdf AMERICA LATINA Y EL CARIBE LATIN AMERICA AND THE CARIBBEAN |
institution |
Cepal |
collection |
Cepal |
language |
English |
topic |
GATT RONDA URUGUAY ANALISIS COSTO-BENEFICIO PROTECCIONISMO COST-BENEFIT ANALYSIS PROTECTIONISM URUGUAY ROUND GATT |
spellingShingle |
GATT RONDA URUGUAY ANALISIS COSTO-BENEFICIO PROTECCIONISMO COST-BENEFIT ANALYSIS PROTECTIONISM URUGUAY ROUND GATT Araújo, José Tavares de The political economy of protection after the Uruguay Round |
description |
Includes bibliography |
format |
Texto |
author |
Araújo, José Tavares de |
author_facet |
Araújo, José Tavares de |
author_sort |
Araújo, José Tavares de |
title |
The political economy of protection after the Uruguay Round |
title_short |
The political economy of protection after the Uruguay Round |
title_full |
The political economy of protection after the Uruguay Round |
title_fullStr |
The political economy of protection after the Uruguay Round |
title_full_unstemmed |
The political economy of protection after the Uruguay Round |
title_sort |
political economy of protection after the uruguay round |
publishDate |
2014 |
url |
http://hdl.handle.net/11362/10515 |
work_keys_str_mv |
AT araujojosetavaresde thepoliticaleconomyofprotectionaftertheuruguayround AT araujojosetavaresde politicaleconomyofprotectionaftertheuruguayround |
_version_ |
1718438655638372352 |