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Trade policy options for Korea outside the Doha round

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  • Trade policy options for Korea outside the Doha round
  • V. Deardorff, Alan
  • The University of Michigan


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Title Trade policy options for Korea outside the Doha round
Similar Titles
Material Type Reports
Author(English)

V. Deardorff, Alan

Publisher

Ann Arbor:The University of Michigan

Date 2007-10
Series Title; No Discussion Paper / 568
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Trade
Holding The University of Michigan

Abstract

The Doha Round of Multilateral Trade Negotiations within the World Trade Organization has reached an impasse from which it may never recover. Policymakers in Korea, as in other countries, must decide how to deal with this failure and what policies to pursue in its stead. Here I discuss some of the options, ranging from abandoning the WTO disciplines and raising tariffs, to unilateral reduction of tariffs to zero. Much of the discussion concerns the formation of bilateral or regional free trade agreements, which should be structured to avoid some of their less desirable features.

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Research Seminar in International Economics