Trade and Environment Beyond Singapore / John Whalley.

By:

Whalley, John

Contributor(s):

National Bureau of Economic Research

Material type: Text

TextSeries: Working Paper Series (National Bureau of Economic Research) ; no. w5768.Publication details: Cambridge, Mass. National Bureau of Economic Research 1996.Description: 1 online resource: illustrations (black and white)Online resources:

Available additional physical forms:

Hardcopy version available to institutional subscribers

Abstract: This paper discusses the likely evolution of the trade and environment issue in the World Trade Organization after the upcoming ministerial meeting in Singapore this December. It makes a number of points. Progress within the GATT/WTO on this issue looks likely to be slow and painfully incremental rather than bold as environmental groups would wish to see. The paper also argues that despite (and beyond) Singapore, one has to go further than the GATT/WTO to see the potential evolution of the trade and environment issue. Developments seem likely to be driven in the next few years as much by factors outside the GATT/WTO as well as within it, as new global environmental arrangements, some with potentially large trade implications (such as carbon emission limitation agreements), emerge.

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Previous	nber w5765 Non-Monetary Exchange Within Firms and Industry /	nber w5766 A Model of Foreign Exchange Rate Indetermination /	nber w5767 Aggregate Employment Fluctuations with Microeconomic Asymmetries /	nber w5768 Trade and Environment Beyond Singapore /	nber w5769 Do Markets Respond More to More Reliable Labor Market Data? A Test of Market Rationality /	nber w5770 Estimating the Welfare Effects of Digital Infrastructure /	nber w5771 The Exchange Value of the Renminbi and China's Balance of Trade: An Emp irical Study /	Next

September 1996.

This paper discusses the likely evolution of the trade and environment issue in the World Trade Organization after the upcoming ministerial meeting in Singapore this December. It makes a number of points. Progress within the GATT/WTO on this issue looks likely to be slow and painfully incremental rather than bold as environmental groups would wish to see. The paper also argues that despite (and beyond) Singapore, one has to go further than the GATT/WTO to see the potential evolution of the trade and environment issue. Developments seem likely to be driven in the next few years as much by factors outside the GATT/WTO as well as within it, as new global environmental arrangements, some with potentially large trade implications (such as carbon emission limitation agreements), emerge.