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  • MPI Ethno. Forsch.  (2)
  • Lejárraga, Iza  (2)
  • Paris : OECD  (2)
  • WTO-Recht  (2)
  • 1
    Language: English
    Pages: Online-Ressource (47 S.) , graph. Darst.
    Series Statement: OECD trade policy papers 152
    Keywords: Anti-Korruption ; Handelsabkommen ; Handelspräferenzen ; Regionale Wirtschaftsintegration ; WTO-Recht ; Welt ; Trade ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: Countries embarking on trade negotiations are not only seeking increased market access, but also, reduced market opacity. This study distils the most progressive practices for promoting regulatory transparency in over one hundred regional trade agreements (RTAs) concluded by OECD and large emerging economies over the last decade. While there is a lively discussion on strengthening transparency in the World Trade Organization (WTO), scant attention has been paid to the evolution of corresponding disciplines in RTAs. And yet, this study finds that RTAs can be credited for introducing instruments that not only deepen existing multilateral transparency commitments (“WTO-plus”), but expand them to new areas that do not have precedents in WTO agreements (“WTO-beyond”). In particular, the paper illuminates a number of options that may be useful for policy-makers to consider in their efforts to reinforce transparency and predictability in international trade policy. Most of the transparency mechanisms identified are being applied on a non-discriminatory basis, since they are often non-excludable and non-exhaustible. The implication is that, although WTO-plus transparency measures may be de jure preferential by virtue of being inscribed in an RTA, they are de facto being extended on a most-favoured nation (MFN) basis. Moreover, there is a considerable level of homogeneity in WTO-plus transparency provisions across a critical mass of RTAs, which may facilitate convergence and adoption at the multilateral level.
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  • 2
    Language: English
    Pages: Online-Ressource (32 S.) , graph. Darst.
    Series Statement: OECD trade policy papers 153
    Keywords: Anti-Korruption ; Handelsabkommen ; Handelspräferenzen ; Regionale Wirtschaftsintegration ; Institutionelle Infrastruktur ; Transparenz ; Gravitationsmodell ; Governance-Ansatz ; WTO-Recht ; Welt ; Trade ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: What influences the adoption of transparency obligations in trade agreements, and what are its effects? This paper uses a new dataset on transparency provisions in over a hundred regional trade agreements (RTAs) to provide empirical evidence of the political economy determinants of international transparency commitments, as well as the trade impact of negotiating such transparency provisions in RTAs. The study finds that RTAs with deeper mechanisms for enhancing transparency appear to be more strongly trade-promoting than those with shallower commitments on transparency. Concretely, each additional transparency commitment negotiated in an RTA is associated with an increase in bilateral trade flows of more than one percent. Considering that comprehensive RTAs typically contain a dozen of such commitments, countries that opt for a comprehensive transparency agenda can expect to gain substantial increases in intra-regional trade. Moreover, the findings suggest that the readiness of trading partners to adhere to transparency norms is influenced by the quality of home institutions, which is consistent with a view that strengthening governance and regulatory capacities can contribute to a broader diffusion of transparency practices in international trade. Overall, the results of the analysis suggest that transparency should remain an important element of the trade agenda, both at the regional and multilateral levels.
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