The World Economy

This is the seventeenth volume in an annual series in which leading economists provide a concise and accessible evaluation of major developments in trade and trade policy. Examines key issues pertinent to the multinational trading system, as well as regional trade arrangements and policy developments at the national level Provides up-to-date assessments of the World Trade Organization's current Trade Policy Reviews A vital resource for researchers, analysts and policy-advisors interested in trade policy and other open economy issues Analyses global trade policy in Turkey, China and The Dominican Republic, and a survey by Tarlok Singh questions whether international trade does cause economic growth Includes chapters exploring WTO issues, and a section on regional trading agreements

Foreword vii List of Contributors viii TRADE POLICY REVIEWS 1 Turkey: Trade Policy Review, 2007 1  SÜBIDEY TOGAN 2 China Trade Policy Review: A Political Economy Approach  52 CHANGYUAN LUO and JUN ZHANG 3 The Dominican Republic Trade Policy Review 2008  76 AMELIA U. SANTOS-PAULINO WTO ISSUES 4 Modelling the Extensive Margin of World Trade: New Evidence on GATT and WTO Membership  92 GABRIEL FELBERMAYR and WILHELM KOHLER 5 How Effective are WTO Disciplines on Domestic Support and Market Access for Agriculture? 131 DAVID BLANDFORD, IVAR GAASLAND, ROBERTO GARCIA and ERLING VÅRDAL 6 Why is the Doha Development Agenda Failing? And What Can Be Done? A Computable General Equilibrium–Game Theoretical Approach   147 ANTOINE BOUËT and DAVID LABORDE SURVEY 7 Does International Trade Cause Economic Growth? A Survey   176 TARLOK SINGH REGIONAL TRADING AGREEMENTS 8 Beyond the WTO? An Anatomy of EU and US Preferential Trade Agreements  223  HENRIK HORN, PETROS C. MAVROIDIS and ANDRÉ SAPIR 9 Third-country Effects of Regional Trade Agreements   247 CAROLINE FREUND 10 Dispensing with NAFTA Rules of Origin? Some Policy Options  264  PATRICK GEORGES Index 296