Working Paper: CEPR ID: DP10212
Authors: Bernard Hoekman
Abstract: The Agreement on Trade Facilitation (TFA) embodies the first set of new multilateral rules to have been negotiated under auspices of the WTO, part of a small package of decisions centering on matters of interest to developing countries that was ?harvested? from the broader Doha round. This paper analyzes the outcome of the trade facilitation talks, assesses the role of the epistemic community that provided information to negotiators and reflects on the lessons and possible implications of the TFA experience for the prospects for new rule-making and cooperation on regulatory matters in the WTO. The TFA illustrates both the potential and the difficulty of negotiating generally applicable stand-alone agreements in the WTO and demonstrates the importance of issue linkage in achieving cooperation in trade policy matters.
Keywords: Economic development; International negotiations; Trade agreements; Trade costs; WTO
JEL Codes: F13; F53; O24; R11
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| Trade Facilitation Agreement (TFA) (F13) | reduction in trade costs (F12) |
| reduction in trade costs (F12) | enhancement of trade performance (F14) |
| Trade Facilitation Agreement (TFA) (F13) | enhancement of trade performance (F14) |
| assistance from developed countries (F35) | implementation of TFA provisions in developing countries (F13) |
| implementation of TFA provisions in developing countries (F13) | ability to meet commitments (E61) |