Beyond market access : the new normal of preferential trade agreements, Vol. 1 of 1

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Beyond market access : the new normal of preferential trade agreements

Author:	Chauffour, Jean-Pierre; Maur, Jean-Christophe;	Collection Title:	Policy Research working paper ; no. WPS 5454
Country:	World;	Date Stored:	2010/10/21
Document Date:	2010/10/01	Document Type:	Policy Research Working Paper
Language:	English	Region:	The World Region
Report Number:	WPS5454	SubTopics:	Environmental Economics & Policies; Emerging Markets; Free Trade; Trade and Regional Integration; Trade Law
Volume No:	1 of 1

Summary: This paper takes stock of the growing success of preferential trade agreements. It revisits what are the defining characteristics of modern preferential trade agreements, which are typically pursued for a diverse array of motives. In particular, the market access justification traditionally used to analyze the desirability and impact of preferential trade agreements misses increasingly important dimensions. The "Beyond Market Access" agenda of preferential trade agreements presents a new and broad set of deep regulatory and policy issues that differs in substance from the removal of tariff and quantitative barriers to trade. Issues related to preferences and discrimination, as well as the nature and implementation of commitments acquire a different meaning in deep preferential trade agreements. This change of paradigm presents significant opportunities and challenges for reform-minded developing countries to use preferential trade agreements to their own advantage.


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