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Recent Publications

Global Value Chains in a Postcrisis World: A Development PerspectiveGlobal Value Chains in a Postcrisis World: A Development Perspective
Edited by Olivier Cattaneo, Gary Gereffi, Cornelia Staritz, September 2010
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Global Value Chains in a Postcrisis World: A Development Perspective attempts to answer these questions by analyzing business reactions to the crisis through the lens of GVCs. After reviewing the mechanisms underpinning the transmission of economic shocks in a world economy where trade and GVCs play increasing roles, the book assesses the impact of the crisis on global trade, production, and demand in a variety of sectors, including apparel, automobiles, electronics, commodities, and off-shore services. The book offers insights on the challenges and opportunities for developing countries, with a particular focus on entry and upgrading possibilities in GVCs postcrisis. Business strategies and related changes in GVCs are also examined, and the book offers concrete policy recommendations and suggests a number of interventions that would allow developing countries to better harness the benefits of the recovery. This volume is a useful tool for anyone interested in global trade, business, and development issues.

Rebalacing the Global Economy: A Primer for PolicymakingRebalancing the Global Economy: A Primer for Policymaking
by Stijn Claessens, Simon J Evenett, Bernard Hoekman, June 2010
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This e-book aims to provide policymakers and their advisers with up-to-date, comprehensive analyses of the central facets of global economic imbalances and to identify and evaluate potential national and systemic responses to this challenge. 

edited by Guido Porto and Bernard M. Hoekman, 2010Trade Adjustment Costs in Developing Countries: Impacts, Determinants and Policy Responses 
by Bernard Hoekman and Guido Porto, June 2010
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This book summarizes the state of knowledge in the economic literature on trade and development regarding the costs of adjustment to trade openness and how adjustment takes place in developing countries. The contributions by leading experts look at:
  • the magnitude of trade adjustment costs in the presence of frictions in factor markets;
  • the impacts of trade shocks and greater trade openness;
  • the factors that affect the way trade, especially exports, adjust;
  • trade adjustment assistance programs in the U.S. and compensation schemes for farmers in the EU.

nullUnequal Compliance: The 6th GTA Report 
by Simon Evenett, June 2010
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This Report of the Global Trade Alert, published to coincide with the Toronto G-20 Leaders' Summit in June 2010, presents a comprehensive global overview of protectionist trends since the last G-20 summit in September 2009. It draws upon a substantial expansion in the evidence collected by the GTA team during 2010 on the measures announced and implemented by governments since November 2008.

Food Prices and Rural Poverty
Food Prices and Rural Poverty, edited by B.Hoekman and A.Aksoyby M. Ataman Aksoy and Bernard M. Hoekman, May 2010
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The impact of food price changes depend on the income sources of households and the second order responses of consumers and producers. This book tries to generate new information derived from household data on the income sources, behavior of food prices, and case studies on the impacts of food price changes on poor households and countries. The authors show that international price increases were not passed on to domestic food prices and international prices have been high only for 10 of the last 60 years. Food sales constitute one of the biggest cash incomes for poor rural households, and agricultural households, however defined, are much poorer than non agricultural ones. Net food sellers are also poorer than net food buyers so lower prices help richer net buyers and hurt the poorer net sellers. Impact of high food prices on the imports of poorer developing countries is very small, less than 1 percent of GDP.

Effective Crisis Response and Openness: Implications for the Trading SystemEffective Crisis Response and Openness: Implications for the Trading System
by Olivier Cattaneo , Simon J Evenett, Bernard Hoekman, December 2009
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This book is to examine the ways in which the existing manifestations of openness, including binding international accords, have constrained or enhanced the options available to national policymakers during the crisis and influenced the degree, and potentially even the effectiveness, of cross-border cooperation.

Broken Promises: a G20 Summit Report by Global Trade Alert 
Broken Promises: G20 Summit Report by Global Trade Alertby CEPR, September 2009
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Second GTA report, prepared by an independent group of researchers and analysts located around the globe, is based on over 400 investigations of state measures that have been implemented since the first crisis-related G20 meeting in November 2008. Differences in the forms of protectionism used now and in the 1930s make exact comparisons difficult.

Fateful Allure of Protectionism 
by Smon J. Evenett, Bernard M. Hoekman and Olivier Fateful Allure of Protectionism, by Simon J. Evenett, Bernard M. Hoekman and Olivier CattaneoCattaneo, July 2009
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The world is facing the most severe global economic crisis since the Great Depression of the 1930s. For the first time since World War II, world GDP is expected to decline, and growth in developing countries is expected to fall to 1.2% from 5.9% in 2008. Trade has declined as well: global trade volumes are expected to fall by some 10% in 2009; the worst decline in trade since the 1930s. Governments have responded to the crisis with policies to support economic activity and employment. Efforts have been made to coordinate these policy responses, in particular to maintain an open trade regime. The systemic risks of a resort to protectionist policies are generally recognized by world leaders: at their April summit in London, they committed to refrain from raising new barriers and to minimize any negative impact on trade and investment of domestic policy responses to the crisis.

Trade Preference Erosion: Measurement and Policy ResponseTrade Preference Erosion: Measurement and Policy Response
by Bernard Hoekman, Will Martin, Carlos Alberto Braga, April 2009
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A book published by the World Bank and Palgrave MacMillan in early 2009 reviews the current “value” of preferences for beneficiary countries in major OECD markets, assesses the implications of preference erosion under different global liberalization scenarios, and discuss potential policy responses. This work was organized by The World Bank in cooperation with OECD and the WTO and with support from the Canadian International Development Agency and the UK Department for International Development.

thumbnail image for the Books pageGlobal Trade and Poor Nations - The Poverty Impacts and Policy Implications of Liberalization
by Bernard M. Hoekman and Marcelo Olarreaga, 2007
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This thoughtful volume assesses the likely impact of reformed trade policies on the poorest of the poor - those on the bottom economic rungs in developing nations. The focus on a spectrum of poor nations across different regions provides some helpful and hopeful guidelines regarding the likely impacts of a global trade reform, agreed upon under the auspices of the World Trade Organization, as well as the impact of such reforms on economic development.

book cover for Hoekman & Evenett's bookEconomic Development and Multilateral Trade Cooperation
by Bernard M. Hoekman and Simon J. Evenett, December 2005
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A key challenge confronting the World Trade Organization (WTO) is to address perceptions that it is not supportive of development. Should the WTO be limited to increasing market access opportunities and negotiating away policies that impose negative spillovers on other countries? Or should the future of the WTO depend on expanding its coverage and changing its modus operandi to more directly address development issues?

Safeguards & Antidumping book coverSafeguards and Antidumping in Latin American Trade Liberalization: Fighting Fire with Fire 
by J. Michael Finger and Julio J. Nogues, December 2005
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Until the 1990s, the main users of safeguards and antidumping laws were Australia, Canada, the European Union, and the United States. Since then, many countries have implemented such laws, leading to a proliferation in antidumping and safeguard activity across the world.


Special Editions of Journal Articles

  • The Doha Round and Preference Erosion: A Symposium
    World Bank Economic Review, Special Section, Vol. 20, No. 2, 2006.

    • “The Doha Round and Preference Erosion: A Symposium,” by Bernard Hoekman
    • “Doha Merchandise Trade Reform: What Is at Stake for Developing Countries?” by Kym Anderson, Will Martin, and Dominique van der Mensbrugghe
    • “Preference Erosion and Multilateral Trade Liberalization,” by Joseph Francois, Bernard Hoekman, and Miriam Manchin
    • “Trade Preferences to Small Developing Countries and the Welfare Costs of Lost Multilateral Liberalization,” by Limão, Nuno and Marcelo Olarreaga
    • “Price Effects of Preferential Market Access: Caribbean Basin Initiative and the Apparel Sector,” by Caglar Özden, and Gunjan Sharma

  • The WTO and Multilateral Trade Cooperation
    Oxford Review Of Economic Policy, edited by Bernard Hoekman and David Vines, Vol. 23, No. 3, Autumn 2007.

    • Multilateral trade cooperation: what next? by Bernard Hoekman and David Vines
    • An enduring need: multilateralism in the twenty-first century, by Anne Krueger
    • Why is it so difficult? Trade liberalization under the Doha Agenda, by Will Martin and Patrick Messerlin
    • The political economy of services trade liberalization: a case for international regulatory cooperation? by Bernard Hoekman, Aaditya Mattoo, and André Sapir
    • Five hypotheses concerning the fate of the Singapore issues in the Doha Round, by Simon J. Evenett
    • Trade adjustment in the WTO system: are more safeguards the answer? by Chad P. Bown and Rachel McCulloch
    • Implementation and imbalance: dealing with hangover from the Uruguay Round, by J. Michael Finger
    • Coherence and the WTO, by L. Alan Winters
    • Aid and trade, by Akiko Suwa-Eisenmann and Thierry Verdier
    • Regional free-trade areas: sorting out the tangled spaghetti, by Ross Garnaut and David Vines
Articles / Working Papers

Last updated on Nov 15, 2010

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