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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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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.
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
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
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
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