The World Economy

This book is the second in an annual series in which top economists provide a concise and accessible summary of policy development, GATT country reviews and special issues on international trade over the past year. Over a number of years the series will create a valuable reference resource, acting as a vehicle for stimulating interest in current trade policy issues both at the regional leval and at the global level.

1. Introduction: Sven Arndt (Claremont McKenna College) and Chris Milner (University of Nottingham). Institutional Focus. 2. The Role of the OECD in Liberalizing International Trade and Capital Flows: David Henderson (OECD). Regional Focus. 3. Central Europe Looks West: Henryk Kierzkowski (Graduate Institute of International Studies, Geneva). 4. Regionalism and the Bias Against Agriculture in Less Developed Countries: Dean A. DeRosa (ADR International, Virginia). National Trade Policy Reviews. 5. Canadian Trade Policy: The GATT's 1995 Review: Ronald Wonnacott (University of Western Ontario). 6. The Trade Policy Review of the European Union: Jacques Pelkmans and Antonia Giulia Carzaniga (Centre for European Policy Studies, Brussels). 7. The Trade Policy Review of Indonesia: George Fane (Australian National University). 8. Israel's Trade Policy Review of Israel: Mordechai E. Krenin (Michigan State University). 9. The Trade Policy Review of Japan: Robert M. Stern (University of Michigan). 10. The Trade Policy Review of Zimbabwe: Jan Willem Gunning (Free University, Amsterdam). Special Features. 11. The Scope, Implication and Economic Rationale of a Competition-oriented Approach to Future Multilateral Trade Negotiations: Geza Feketekuty (Monterey Institute of International Studies) and Robert A. Rogowsky (US International Trade Commission). 12. Trade Policy and Environmental Protection: Horst Siebert (Kiel Institute of World Economics).