LEADER 03779oam 22006855 450 001 9910783108403321 005 20200520144314.0 010 $a1-280-08542-8 010 $a9786610085422 010 $a1-4175-6187-4 024 7 $a10.1596/0-8213-5747-6 035 $a(CKB)1000000000018228 035 $a(OCoLC)70720999 035 $a(CaPaEBR)ebrary10070383 035 $a(SSID)ssj0000087109 035 $a(PQKBManifestationID)11119387 035 $a(PQKBTitleCode)TC0000087109 035 $a(PQKBWorkID)10032130 035 $a(PQKB)10026683 035 $a(MiAaPQ)EBC3050760 035 $a(Au-PeEL)EBL3050760 035 $a(CaPaEBR)ebr10070383 035 $a(CaONFJC)MIL8542 035 $a(OCoLC)910115138 035 $a(The World Bank)1482 035 $a(US-djbf)1482 035 $a(EXLCZ)991000000000018228 100 $a20020129d2004 uf 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aGlobal Economic Prospects 2005 : $eTrade, Regionalism, and Development 210 1$aWashington, D.C. :$cThe World Bank,$d2004 215 $a1 online resource (172 pages) 225 1 $aGlobal Economic Prospects 300 $aBibliographic Level Mode of Issuance: Monograph 311 $a0-8213-5747-6 330 3 $aThe proliferation of regional trade agreements is fundamentally altering the world trade landscape. The number of agreements in force surpasses 200 and has risen eight-fold in two decades. Today as much as 40 percent of global trade takes place among countries that have some form of reciprocal regional trade agreement. Global Economic Prospects 2005: Trade, Regionalism, and Development addresses two questions: What are the characteristics of agreements that most promote-or hinder-development for member countries? Does the proliferation of agreements pose risks to the multilateral trading system, and if so, how can these risks be managed? The report argues that agreements leading to open regionalism-that is, deeper integration of trade as a result of low external tariffs, increased services competition, and efforts to reduce cross-border and customs delays costs-are effective as part of a larger trade strategy to promote growth. Such regional agreements can complement a strategy that, on the one hand, includes autonomous liberalization to promote productivity gains and, on the other hand, leverages domestic reforms to enhance market access. Although regional agreements can prove beneficial to member countries, they can have adverse effects on excluded countries. Lowering of border barriers around the world is crucial to minimizing these effects. The completion of the Doha Development Agenda by all countries in the World Trade Organization will reduce the risk of trade diversion associated with regional agreements and will decrease trade losses of countries excluded from agreements. 410 0$aGlobal Economic Prospects 410 0$aWorld Bank e-Library. 606 $aEconomic forecasting$zDeveloping countries$vPeriodicals 606 $aEconomic forecasting$vPeriodicals 606 $aEconomic history$y1971-1990$vPeriodicals 606 $aEconomic history$y1990-$vPeriodicals 606 $aInternational economic relations$vPeriodicals 607 $aDeveloping countries$xEconomic conditions$vPeriodicals 615 0$aEconomic forecasting 615 0$aEconomic forecasting 615 0$aEconomic history 615 0$aEconomic history 615 0$aInternational economic relations 676 $a330.9172/4 801 0$bDJBF 801 1$bDJBF 906 $aBOOK 912 $a9910783108403321 996 $aGlobal Economic Prospects 2005$93782507 997 $aUNINA