Vietnam’s Accession to the WTO: Lessons from Past Trade Agreements

Philip Abbott, Jeanet Bentzen and Finn Tarp

No 331644, Conference papers from Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project

Abstract: This paper examines Vietnam’s experience with bilateral trade agreements and compares subsequent outcomes with predictions from existing computable general equilibrium (CGE) models. Those model based assessments have greatly underestimated the impact of past agreements. Tariff reform is not the main factor driving economic adjustments, and market imperfections mean there is potential for greater output and trade expansion. The key questions to ask in future research are what critical new institutional reforms WTO accession will bring, and what incentives will be put in place to determine the evolution of investment by sector.

Keywords: International Relations/Trade; International Development (search for similar items in EconPapers)
Pages: 38
Date: 2007
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https://ageconsearch.umn.edu/record/331644/files/3070.pdf (application/pdf)

Related works:
Working Paper: Vietnam’s Accession to the WTO: Lessons from Past Trade Agreements (2007)
Working Paper: Vietnam’s Accession to the WTO: Lessons from Past Trade Agreements (2006)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:pugtwp:331644

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