Trade Liberalisation and Climate Policies
The issue of the reduction of the levels of tariff and non-tariff barriers below the ones corresponding to the GATT agreement of 1994 has been raised in the circles of international organisations such as the WTO, the World Bank, etc. Programmes of trade liberalisation based on the reduction of trade barriers within Regional Trade Agreements are leading towards the same direction. The expansion of world trade that is expected to take place due to these reductions is considered by the same groups as an important factor contributing to an increase in world production and poverty reduction especially in developing countries.
KeywordsClimate Policy Tariff Rate Permit Price Computable General Equilibrium Model Permit Market
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