Language:
English
Pages:
32 p.
,
21 x 29.7cm
Series Statement:
OECD Development Centre Policy Briefs no.5
Parallel Title:
Parallelausg. Libéralisation des échanges : Quel enjeu ?
Keywords:
Development
Abstract:
• Trade barriers seriously distort patterns of international trade, allocation of resources, and economic growth. The total economic costs of the barriers are estimated to exceed $475 billion per annum • Partial reform, such as envisaged in the Uruguay Round, would yield benefits of $195 billion per annum, of which over $90 billion would accrue to developing and formerly centrally planned countries • The EC, Japan, and EFTA, stand to gain most from liberalisation • Trade liberalisation will raise rural incomes in developing countries
DOI:
10.1787/288158367171
Permalink