The World Economy

This is the seventeenth volume in an annual series in which leading economists provide a concise and accessible evaluation of major developments in trade and trade policy. Examines key issues pertinent to the multinational trading system, as well as regional trade arrangements and policy developments at the national level Provides up-to-date assessments of the World Trade Organization's current Trade Policy Reviews A vital resource for researchers, analysts and policy-advisors interested in trade policy and other open economy issues Analyses global trade policy in Turkey, China and The Dominican Republic, and a survey by Tarlok Singh questions whether international trade does cause economic growth Includes chapters exploring WTO issues, and a section on regional trading agreements

This is the seventeenth volume in an annual series in which leadingeconomists provide a concise and accessible evaluation of majordevelopments in trade and trade policy.* Examines key issues pertinent to the multinational tradingsystem, as well as regional trade arrangements and policydevelopments at the national level* Provides up-to-date assessments of the World TradeOrganization's current Trade Policy Reviews* A vital resource for researchers, analysts and policy-advisorsinterested in trade policy and other open economy issues* Analyses global trade policy in Turkey, China and The DominicanRepublic, and a survey by Tarlok Singh questions whetherinternational trade does cause economic growth* Includes chapters exploring WTO issues, and a section onregional trading agreements

Foreword viiList of Contributors viiiTRADE POLICY REVIEWS1 Turkey: Trade Policy Review, 2007 1SÜBIDEY TOGAN2 China Trade Policy Review: A Political Economy Approach52CHANGYUAN LUO and JUN ZHANG3 The Dominican Republic Trade Policy Review 2008 76AMELIA U. SANTOS-PAULINOWTO ISSUES4 Modelling the Extensive Margin of World Trade: New Evidence onGATT and WTO Membership 92GABRIEL FELBERMAYR and WILHELM KOHLER5 How Effective are WTO Disciplines on Domestic Support andMarket Access for Agriculture? 131DAVID BLANDFORD, IVAR GAASLAND, ROBERTO GARCIA and ERLINGVÅRDAL6 Why is the Doha Development Agenda Failing? And What Can BeDone? A Computable General Equilibrium-Game TheoreticalApproach 147ANTOINE BOUËT and DAVID LABORDESURVEY7 Does International Trade Cause Economic Growth? ASurvey 176TARLOK SINGHREGIONAL TRADING AGREEMENTS8 Beyond the WTO? An Anatomy of EU and US PreferentialTrade Agreements 223HENRIK HORN, PETROS C. MAVROIDIS and ANDRÉSAPIR9 Third-country Effects of Regional Trade Agreements247CAROLINE FREUND10 Dispensing with NAFTA Rules of Origin? Some PolicyOptions 264PATRICK GEORGESIndex 296