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007			cr cn|||||||||
008			020129s2004 dcu o i001 0 eng
020			_a0821357476 _c29.99 USD
020			_z9780821357477
024	8		_a10.1596/0-8213-5747-6
035			_a(The World Bank)1482
040			_aDJBF _beng _cDJBF _erda
110	2		_aWorld Bank. _911611
245	1	0	_aGlobal Economic Prospects 2005 : _bTrade, Regionalism, and Development
264		1	_aWashington, D.C. : _bThe World Bank, _c2004
300			_a1 online resource (172 pages)
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
347			_adata file _2rda
490	1		_aGlobal Economic Prospects
520	3		_aThe proliferation of regional trade agreements is fundamentally altering the world trade landscape. The number of agreements in force surpasses 200 and has risen eight-fold in two decades. Today as much as 40 percent of global trade takes place among countries that have some form of reciprocal regional trade agreement. Global Economic Prospects 2005: Trade, Regionalism, and Development addresses two questions: What are the characteristics of agreements that most promote-or hinder-development for member countries? Does the proliferation of agreements pose risks to the multilateral trading system, and if so, how can these risks be managed? The report argues that agreements leading to open regionalism-that is, deeper integration of trade as a result of low external tariffs, increased services competition, and efforts to reduce cross-border and customs delays costs-are effective as part of a larger trade strategy to promote growth. Such regional agreements can complement a strategy that, on the one hand, includes autonomous liberalization to promote productivity gains and, on the other hand, leverages domestic reforms to enhance market access. Although regional agreements can prove beneficial to member countries, they can have adverse effects on excluded countries. Lowering of border barriers around the world is crucial to minimizing these effects. The completion of the Doha Development Agenda by all countries in the World Trade Organization will reduce the risk of trade diversion associated with regional agreements and will decrease trade losses of countries excluded from agreements.
588			_aDescription based on print version record.
650		4	_aCurrencies and Exchange Rates _911612
650		4	_aEconomic Theory and Research _911613
650		4	_aEmerging Markets _911614
650		4	_aFinance and Financial Sector Development _911615
650		4	_aFree Trade _911616
650		4	_aInternational Economics & Trade _911617
650		4	_aMacroeconomics and Economic Growth _911618
650		4	_aPrivate Sector Development _911619
650		4	_aTrade and Regional Integration _911620
710	2		_aWorld Bank. _911611
776	0	8	_aPrint Version: _z9780821357477
830		0	_aGlobal Economic Prospects _911621
830		0	_aWorld Bank e-Library. _911622
856	4	0	_uhttp://elibrary.worldbank.org/doi/book/10.1596/0-8213-5747-6
999			_c3357 _d3357