Prospects for Liberalizing the International Trading System

Anne O. Krueger

No 2409, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: This paper analyzes the equilibrium degree of protection as the outcome of the interaction of demands for protection and the demand for a liberal international trading order. It then assesses the current balance. On one hand, the nature of technical progress, the institution of the Uruguay Round, the mounting costs of agricultural protections and the increasingly high costs of protection as the world economy integrates all conduce toward a more liberal trading order. Demands for protection will intensify to the extent that growth decelerates, that trade negotiators fail to find mechanism to deal with nontariff barriers and that the United States fails to assume this leadership role that was earlier taken.

Date: 1987-10
Note: ITI IFM
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Published as Krueger, Anne O. "Prospects for Liberalizing the International Trading System," in International Finance & Trade in a Polycentric World Ecnomy, eds. S. Borner, Basel Switzerland: International Economic Association, 1988.

Downloads: (external link)
http://www.nber.org/papers/w2409.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nbr:nberwo:2409

Ordering information: This working paper can be ordered from
http://www.nber.org/papers/w2409

Access Statistics for this paper

More papers in NBER Working Papers from National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC.
Bibliographic data for series maintained by ().