Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/90670
Authors: 
Drabek, Zdenek
Laird, Sam
Year of Publication: 
1997
Series/Report no.: 
WTO Staff Working Paper ERAD-97-07
Abstract: 
In the last ten years, there has been a sea change in trade and related policies in emerging markets. This results from autonomous reforms undertaken in conjunction with macro-economic stabilization programmes. Many non-tariff measures have been eliminated and tariffs, now the principal trade instrument, have been rationalized and reduced. Considerable increases in security of market access result from increased membership of the GATT/WTO system, which itself underwent important changes as a result of the Uruguay Round, further developed in the first Ministerial Meeting of the WTO in Singapore in December 1996. The systemic changes and the expansion of WTO membership to the transition and other economies mark a dramatic change in international economic relations.
Subjects: 
trade liberalization
WTO
GATT
emerging markets
JEL: 
F01
F02
F13
Document Type: 
Working Paper

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