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| PREM Notes |
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This
note series is intended to summarize
good practice and key policy findings
on Economic Policy, Gender, Governance
and Public Sector Reform, Poverty and Trade.
If you are interested in writing a PREM
note, please refer to the guidelines. |
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1 to 10 of 148 |
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The Pattern of Antidumping and other Types of Contingent Protection
PREM
Note 144
Many of the major economies in the multilateral, rules-based trading system find themselves in a situation in which their applied tariff rates are quite close to the tariff binding levels that form their legal commitments at the WTO. This implies that they cannot simply raise applied tariff rates to respond to domestic industry demands for additional trade barriers to protect them from imports. One of the fundamental and potentially WTO-legal ways in which national governments can respond to domestic industry calls for additional protection from imports is by resorting to trade remedy policy instruments such as antidumping, safeguards, and countervailing duty (antisubsidy) policies. This note, which describes newly collected data made available through the World Bank-sponsored Global Antidumping Database, reports on the combined use of such policies, comprehensively collected across the major WTO member economies.
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Gender, Entry Regulations, and Small Firm Informality: What Do the Micro Data Tell Us?
PREM
Note 142
Informality is pervasive in many developing countries, where the majoirty of businesses do not register. One view, linked strongly with Hernando de Soto and the IFC's Doing Business project is that the informal sector consists of potential entrepreneurs who remain small as the adminstrative and financial costs of becomign formal prevent firms for formalizing, but that formalization is needed to obtain access to finance, and have the incentive to grow without fear of government inspectors.
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The Global Financial Crisis: Comparisons with the Great Depression and Scenarios for Recovery
PREM
Note 141
A recent paper by Eichengreen and ORourke on A Tale of Two Depressions (publicized by Martin Wolf in the Financial Times) has highlighted some close correspondences between economic performance during the present world recession and that during the early months of the Great Depression that began in late 1929. World industrial production from April 2008 to April 2009 fell as rapidly as during the first year of the Great Depression, while stock market prices and world trade volumes have fallen more rapidly than in the comparable period.
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