RTAs and WTO Compatibility: Catch Me If You Can? The Case of EPA Negotiations

• 영문명: RTAs and WTO Compatibility: Catch Me If You Can? The Case of EPA Negotiations
• 발행기관: 세종대학교 경제통합연구소
• 저자명: Lucian Cernat Bonapas Onguglo Taisuke Ito
• 간행물 정보: 『Journal of Economic Integration』제23권 제3호, 489~517쪽, 전체 29쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2008.09.30

영문 초록

There is an ongoing debate about best ways to assess the compatibility of RTAs with WTO rules and the possible negative impact that the proliferation of RTA formation may have on individual members and on the stability of the multilateral trading system as a whole. Therefore, rules defining the WTO compatibility of RTAs are one of the issues in the WTO Doha negotiations. Taking the current EPA negotiations between ACP and EU as an example, this paper examines two sorts of questions: (i) the implications for developing country members of the current proposals to tighten the rules on WTO compatibility of RTAs; (ii) the impact that the proliferation of RTA formation may have on non-RTA members and on the stability of the multilateral trading system as a whole. More specifically, the paper assesses quantitatively using a partial equilibrium framework the implications for ACP countries of some of the proposals to reform GATT Art. XXIV, in particular the “substantially all trade” criteria. Based on a CGE approach, the paper then looks at the implications of EPA negotiations on third countries and its linkages with the ongoing Doha negotiations, in particular on how the future EPA agreements could be non-trade diverting, in line with Ohyama-Panagariya-Krishna version of the Kemp-Wan theorem.

목차

Ⅰ. Reforming the GATT Art. XXIV: Catch Me If You Can?

Ⅱ. What Do the WTO Negotiators Propose?

Ⅲ. Assessing the Current Negotiating Proposals – the Case of Tanzania

Ⅳ. Making EPAs Kemp-Wan Compatible

Ⅴ. Conclusions

키워드

ACP EPA Kemp-Wan partial equilibrium analysis CGE GATT Art XXIV