Trade in international maritime services : how much does policy matter?

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Trade in international maritime services : how much does policy matter?, Volume 1

Author:	Fink, Carsten; Mattoo, Aaditya; Neagu, Ileana Cristina;	Collection Title:	Policy, Research working paper ; no. WPS 2522
Date Stored:	2001/02/17	Document Date:	2001/01/31
Document Type:	Policy Research Working Paper	Language:	English
Major Sector:	(Historic)Economic Policy	Report Number:	WPS2522
Sub Sectors:	Trade	SubTopics:	Common Carriers Industry; Environmental Economics & Policies; Economic Theory & Research; Transport and Trade Logistics; Ports & Waterways
Volume No:	1

Summary: Maritime transport costs significantly impede international trade. The authors examine why these costs are so high in some countries, and, quantify the importance of two explanations: restrictive trade policies, and private anti-competitive practices. Both matter, they find, but private anti-competitive practices have the greater impact. Trade liberalization, and the breakup of private carrier agreements, would lead to a reduction in average liner transport prices of a third, and cost savings of up to $ 3 billion on goods carried to the United States alone. The policy implications are clear: not only should government policy be further liberalized, but there should be stronger international disciplines on restrictive business practices. The authors propose developing such disciplines in the current round of services negotiations at the World Trade Organization.


Official Documents Official, scanned versions of documents (may include signatures, etc.)
File Type		Description	File Size (mb)

	PDF 38 pages	Official version*	2.66 (approx.)
	Text	Text version**


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File Type		Description	File Size (mb)

	PDF 33 pages	WPS2522	0.11

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