World Economic Outlook

International Trade Policies: The Uruguay Round and Beyond, Volume I. Principal Issues

Author/Editor:

Arvind Subramanian ; Richard T. Harmsen ; Peter P Uimonen ; Naheed Kirmani ; Michael P. Leidy

Publication Date:

February 8, 1995

Summary:

This paper analyzes the achievements of the Uruguay Round, and issues with the post-Uruguay Round agenda. The paper highlights that the conclusion of the Uruguay Round is a major achievement in international trade relations and a crucial element in promoting world trade and growth in the medium term. It arrested the deterioration in the trading environment and created a strengthened framework for future trade relations, thereby boosting business and investment confidence. It also provides positive outcomes in several areas, including market liberalization and strengthening of rules and institutional structures.

Series:

World Economic Outlook No. 1994/002

Subject:

Exports General Agreement on Tariffs and Trade International trade Tariffs Taxes Trade liberalization Trade policy