Assessing the potential cost of a failed Doha Round
| dc.creator | Bouët, Antoine | |
| dc.creator | Laborde Debucquet, David | |
| dc.date | 2010-04 | |
| dc.date | 2024-10-01T13:55:18Z | |
| dc.date | 2024-10-01T13:55:18Z | |
| dc.date.accessioned | 2026-06-27T15:33:37Z | |
| dc.description | This study offers new conclusions on the economic cost of a failed Doha Development Agenda (DDA). We assess potential outcome of the Doha Round as well as four protectionist scenarios using the MIRAGE Computable General Equilibrium (CGE) model. In a scenario where applied tariffs of World Trade Organization (WTO) economies would go up to currently bound tariff rates, world trade would decrease by 9.9% and world welfare by US$353 billion. The economic cost of a failed DDA is here evaluated by the difference between a cooperative scenario (DDA) and a protectionist one (US$412 billion in terms of welfare). Another point of view is to compare a resort to protectionism when the DDA is implemented with a resort to protectionism when the DDA is not implemented. The findings show that this trade agreement could prevent the potential reduction of US$809 billion of trade and, therefore, acts as an efficient multilateral ‘preventive’ scheme against the adverse consequences of trade ‘beggar-thy-neighbor’ policies. | |
| dc.identifier | https://hdl.handle.net/10568/152870 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/107815 | |
| dc.language | en | |
| dc.publisher | Cambridge University Press | |
| dc.rights | Limited Access | |
| dc.source | Bouët, Antoine; Laborde Debucquet, David. 2010. Assessing the potential cost of a failed Doha Round. World Trade Review 9(2): 319-351. https://doi.org/10.1017/S1474745609990267 | |
| dc.subject | models | |
| dc.title | Assessing the potential cost of a failed Doha Round | |
| dc.type | Journal Article |