Trading Market Access for Competition Policy Enforcement is popular PDF and ePub book, written by Bernard Hoekman in 2003, it is a fantastic choice for those who relish reading online the Acceso a los mercados genre. Let's immerse ourselves in this engaging Acceso a los mercados book by exploring the summary and details provided below. Remember, Trading Market Access for Competition Policy Enforcement can be Read Online from any device for your convenience.
Trading Market Access for Competition Policy Enforcement Book PDF Summary
Motivated by discussions at the World Trade Organization (WTO) on multilateral disciplines with respect to competition law, Hoekman and Saggi develop a two-country model that explores the incentives of a developing country to offer increased market access (by way of a tariff reduction) in exchange for a ban on foreign export cartels by its developed country trading partner. They show that such a bargain is feasible and can generate a globally welfare-maximizing outcome. The authors also explore the incentives for bilateral cooperation when the developing country uses transfers to "pay" for competition enforcement by the developed country. A comparison of the two cases shows that there exist circumstances in which the stick (the tariff) is more effective in sustaining bilateral cooperation than the carrot (the transfer). Furthermore, the scope for cooperation is maximized when both instruments are used. An implication of the analysis is that developing countries have incentives to support an explicit WTO prohibition of export cartels. This paper--a product of Trade, Development Research Group--is part of a larger effort in the group to analyze issues on the agenda of the WTO.
Detail Book of Trading Market Access for Competition Policy Enforcement PDF
- Author : Bernard Hoekman
- Release : 22 September 2024
- Publisher : World Bank Publications
- ISBN : 978186723xxxx
- Genre : Acceso a los mercados
- Total Page : 35 pages
- Language : English
- PDF File Size : 12,5 Mb
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