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Page 1: VOLUME 9 | NUMBER 2 | APRIL 2010 WORLD TRADE REVIEW...their personal use. The electronic-only price available to institutional subscribers is £190.00 (US $345.00 in USA, Canada and

VOLUME 9 | NUMBER 2 | APRIL 2010

VOLU

ME 9 | N

UM

BER 2 | APRIL 2010

VOLUME 9 | NUMBER 2 | APRIL 2010

WORLDTRADEREVIEWEconomicsLawInternational Institutions

WORLD TRADE REVIEW

WO

RLD TRA

DE REVIEW

A Special Safeguard Mechanism for Agricultural Imports: what experience with other GATT/WTO safeguards tells us about whatmight workJ. MICHAEL FINGER 289

Assessing the potential cost of a failed Doha RoundANTOINE BOUET and DAVID LABORDE 319

Small fish–big issues: the effect of trade policy on the globalshrimp marketPETER DEBAERE 353

ERRATUM: Inference for econometric modeling in antidumping,countervailing duty and safeguard investigationsJAMES J. FETZER 375

Letter to the EditorS. JALAL ALAVI 389

Book reviews

When Cooperation Fails: The International Law and Politics ofGenetically Modified Foods by Mark A. Pollack and Gregory C. ShafferTHOMAS COTTIER 391

Bilateral and Regional Trade Agreements edited by Simon Lester and Bryan MercurioJEFFREY L. DUNOFF 395

The Politics of Trade: The Role of Research in Trade Policy andNegotiation edited by Diana TussieJ. MICHAEL FINGER 399

The Oxford Handbook of International Trade Law edited by Daniel Bethlehem, Donald McRae, Rodney Neufeld, and Isabelle Van DammeMARY E. FOOTER 407

The Invisible Hook: The Hidden Economics of Pirates by Peter T. Leeson DOUGLAS MARCOUILLER 410

Regional Trade Agreements: Law, Policy and Practiceby David A. GantzBRYAN MERCURIO 412

New Frontiers in Free Trade: Globalization’s Future and Asia’s RisingRole by Razeen Sally ARVIND PANAGARIYA 415

Trade Preference Erosion: Measurement and Policy Responseedited by Bernard Hoekman, Will Martin, and Carlos A. Primo BragaDEAN SPINANGER 417

Cambridge Journals OnlineFor further information about this journal please go to the journal website at:journals.cambridge.org/wtr

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Page 2: VOLUME 9 | NUMBER 2 | APRIL 2010 WORLD TRADE REVIEW...their personal use. The electronic-only price available to institutional subscribers is £190.00 (US $345.00 in USA, Canada and

WORLD TRADE REVIEW

Subscriptions

World Trade Review (ISSN 1474–7456) is published four times a year inJanuary, April, July and October. Four parts form a volume.

The 2010 subscription price (excluding VAT) of a volume, which includesprint and electronic access, is £215.00 (US $395.00 in USA, Canada andMexico); £32.00 (US $50.00) for individuals, which includes print only,ordering direct from the publishers and certifying that the journal is fortheir personal use. The electronic-only price available to institutionalsubscribers is £190.00 (US $345.00 in USA, Canada and Mexico). Singleparts are £55.00 net (US $100.00 in USA, Canada and Mexico) pluspostage. EU subscribers (outside the UK) who are not registered for VATshould add VAT at their country’s rate. VAT registered members shouldprovide their VAT registration number. Japanese prices for institutions(including ASP delivery) are available from Kinokuniya Company Ltd,P.O. Box 55, Chitose, Tokyo 156, Japan.

Orders, which must be accompanied by payment, may be sent to abookseller, subscription agent or direct to the publisher: CambridgeUniversity Press, The Edinburgh Building, Shaftesbury Road, CambridgeCB2 8RU; or in the USA, Canada and Mexico: Cambridge UniversityPress, Journals Fulfillment Department, 100 Brook Hill Drive, WestNyack, New York 10994–2133. Periodicals postage paid at New York,NY and at additional mailing offices.

Copying

This journal is registered with the Copyright Clearance Center, 222Rosewood Drive, Danvers, MA 01923, USA. Organizations in the USAwho are also registered with the C.C.C. may, therefore copy material(beyond the limits permitted by, sections 107 and 108 of U.S. Copyrightlaw) subject to payment to the C.C.C of the per copy fee of $15.00. Thisconsent does not extend to multiple copying for promotional orcommercial purposes. Code 1474–7456/10. ISI Tear Sheet Service, 3501Market Street, Philadelphia, PA 19104, USA, is authorized to supplysingle copies of separate articles for private use only. Organizationsauthorized by the Copyright Licensing Agency may also copy, materialsubject to the usual conditions. For all other use, permission should besought from Cambridge or from the American Branch of CambridgeUniversity Press.

World Trade Review is included in the Cambridge Journals Online servicewhich can be found at http://journals.cambridge.org/. For furtherinformation on other Press titles access http://www.cambridge.org/.

Enquiries about advertising should be sent to the Journal’s PromotionDepartment of the Cambridge or American Branch of CambridgeUniversity Press.

This journal issue has been printed on FSC-certified paper and coverboard. FSC is an independent, non-governmental, not-for-profitorganization established to promote the responsible management of theworld’s forests. Please see www.fsc.org for information.

© Cambridge University Press 2010

Printed in the United Kingdom by the University Press, Cambridge

ISSN 1474–7456

WORLD TRADE REVIEW

Editor

L. Alan Winters

Department of Economics, University of Sussex,Falmer, Brighton BN1 9RF, UK

Email [email protected]

Editorial Assistant

Paulette Planchette

Book Review Editor

Chad P. Bown

The World Bank

Email [email protected]

Editorial Board

Richard Blackhurst

The Fletcher School, Tufts University

Steve Charnovitz

The George Washington University Law School

Joseph François

Johannes-Kepler-Universität

Judith Goldstein

Stanford University

Henrik Horn

Research Institute of IndustrialEconomics (IFN), Stockholm

Douglas A. Irwin

Dartmouth College, Hanover

Patrick Low

(ex officio) World Trade Organization

Petros C. Mavroidis

Columbia Univeristy and University ofNeuchâtel

André Sapir

Free University of Brussels

Alan Sykes

Stanford University

Joseph Weiler

New York University

Statement of Aims

The World Trade Review (WTR) has been established at the initiative ofthe Secretariat of the World Trade Organization (WTO) in closecooperation with Cambridge University Press. The WTR is anindependent, multi-disciplinary journal that aims to deepenunderstanding of issues facing the international trading system throughcritical analysis and constructive debate.

The journal welcomes manuscripts written from economic, legal andinter-disciplinary perspectives on issues of relevance to the multilateraltrading system. A rigorous peer review process assures that materialaccepted for publication meets high standards in terms of theoretical andmethodological rigour. Papers written in a manner that makes themaccessible to the wider public and to government officials engaged inpolicy discourse and decision-making are particularly welcome. Tofurther stimulate debate, the journal encourages the submission of shortarticles or notes commenting on published papers. These pieces are alsosubject to peer review in order to ensure their quality.

The policy of the journal is determined by the Editor and the membersof the Editorial Board, in conjunction with Cambridge University Press.The content of each issue is based on a proposal by the Editor, which isreviewed by members of the Board. To be accepted, a manuscript must beapproved by a majority of the Board members.

Opinions and other material contained in the WTR are not attributableto Members of the WTO, to the WTO Secretariat, to members of theEditorial Board or to the Editor, nor should they be taken as reflecting theviews of any of the aforementioned groups or individuals.

Submission of articles

The World Trade Review invites authors to submit original manuscriptson all aspects of issues related to the multilateral trading system. Shortarticles or notes commenting on previously published articles are alsowelcome. It is assumed that the submission of a manuscript to the WTRsignals that it has not been, and will not be, submitted elsewhere at thesame time. Papers scheduled for future publication in book form will beconsidered, provided they would appear first in the WTR.

Manuscripts should be submitted via the website:http://mc.manuscriptcentral.com/wtr

Full guidelines for contributors regarding the length, organization andreference format of submissions are available on the journal’s homepage atthe Cambridge University Press web site <journals.cambridge.org/wtr>.

Letters to the Editor

The World Trade Review welcomes letters containing substantivecomments on published material. Letters should be submitted via thewebsite above. Letters selected for publication are subject to editing.

Books for review

Books for review in the journal should be mailed to: Professor Chad P.Bown, Development Economics Research Group, The World Bank, 1818 H Street, NW, MSN MC3-303, Washington, DC 20433, USA.

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WORLD TRADE REVIEW

April 2010

CONTENTS

289 A Special Safeguard Mechanism for Agricultural Imports: whatexperience with other GATT/WTO safeguards tells us about whatmight workJ . M ICHAEL F INGER

319 Assessing the potential cost of a failed Doha RoundANTO INE B OUET AND D AV ID L ABORDE

353 Small fish–big issues: the effect of trade policy on the globalshrimp marketP ETER D EBAERE

375 ERRATUM: Inference for econometric modeling in antidumping,countervailing duty and safeguard investigationsJ AMES J . F ETZER

389 Letter to the EditorS . J ALAL A LAV I

Book reviews

391 When Cooperation Fails : The International Law and Politics ofGenetically Modified Foods by Mark A. Pollack and Gregory C. ShafferTHOMAS C OTT I ER

395 Bilateral and Regional Trade Agreements edited by Simon Lesterand Bryan MercurioJ E F FREY L . D UNOFF

399 The Politics of Trade : The Role of Research in Trade Policy and Negotiationedited by Diana TussieJ . M ICHAEL F INGER

https://www.cambridge.org/core/terms. https://doi.org/10.1017/S1474745610000170Downloaded from https://www.cambridge.org/core. IP address: 54.39.106.173, on 05 Aug 2020 at 20:50:48, subject to the Cambridge Core terms of use, available at

Page 4: VOLUME 9 | NUMBER 2 | APRIL 2010 WORLD TRADE REVIEW...their personal use. The electronic-only price available to institutional subscribers is £190.00 (US $345.00 in USA, Canada and

407 The Oxford Handbook of International Trade Law edited by Daniel Bethlehem,Donald McRae, Rodney Neufeld, and Isabelle Van DammeMARY E . F OOTER

410 The Invisible Hook: The Hidden Economics of Pirates by Peter T. LeesonDOUGLAS MARCOU I L LER

412 Regional Trade Agreements : Law, Policy and Practice by David A. GantzB RYAN MERCUR IO

415 New Frontiers in Free Trade: Globalization’s Future and Asia’s Rising Roleby Razeen SallyARV IND P ANAGAR IYA

417 Trade Preference Erosion : Measurement and Policy Response editedby Bernard Hoekman, Will Martin, and Carlos A. Primo BragaDEAN S P INANGER

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