This paper views tariff-cutting formulas as a potential solution to the free-rider problem that arises when market opening is negotiated bilaterally and extended on a most-favored-nation basis. The negotiators in the Doha Agenda chose formulas that are ideal from an economic efficiency viewpoint in that they most sharply reduce the highest and most economically-costly tariffs. When the political support that gave rise to the original tariffs is considered...
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INFORMATION
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2015/06/11
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Document de travail de recherche sur les politiques
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WPS7303
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1
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1
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2015/06/11
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Disclosed
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Formulas for failure ? were the Doha tariff formulas too ambitious for success ?
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market access
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