A New Compensation Mechanism for Preference Erosion in the Doha Round

In this paper we explore a proposal to backload the phase-in of MFN tariff reductions in sensitive sectors and use the revenues generated to provide compensation for preference erosion. We argue that the approach would be both equitable and effective.

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Bibliographic Details
Main Author: Inter-American Development Bank
Other Authors: Robert Z. Lawrence
Format: Working Papers biblioteca
Language:English
Published: Inter-American Development Bank
Subjects:Integration and Trade, New Compensation Mechanism;Doha Round;Nuevo Mecanismo de Compensación,
Online Access:http://dx.doi.org/10.18235/0011040
https://publications.iadb.org/en/new-compensation-mechanism-preference-erosion-doha-round
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Summary:In this paper we explore a proposal to backload the phase-in of MFN tariff reductions in sensitive sectors and use the revenues generated to provide compensation for preference erosion. We argue that the approach would be both equitable and effective.