Institutions Trade & Economic Development
Ever since the conclusion of the Uruguay Round of the General Agreement on Tariffs and Trade (GATT) in 1994, there has been a growing sense that the GATT, and the World Trade Organisation (WTO) that has superseded it, favours the interests of developed countries. In response to this, a line of research has developed to […]
It is understood that intermediaries are an important bridge between supply of and demand for agricultural products. In many cases they identify buyers in foreign markets. It is apparent that their activity has direct effects on the welfare and efficiency of local producers. Whether or not these effects are positive depends on intermediaries’ bargaining power, […]
The stated mission of the World Trade Organisation (WTO) and the General Agreement on Tariffs and Trade (GATT) that preceded it is ‘to open trade for the benefit of all’. Rose (2004) questions whether the GATT/WTO is actually accomplishing its mission by showing that, surprisingly, member countries’ trade patterns are little different from those of […]