Publication Code: A96
World-Trade Patterns and Contemporary Issues in International Trade Policy
by Tony Wirjanto
This paper reviews existing literature on likely future patterns of world trade in goods and services, by commodity and geographic distribution. The review draws on studies of the impact of the Uruguay Round, as well as other literature directed at projecting trade flows. A secondary purpose of the paper is to provide a review of literature on the likely importance and impact of new issues in international trade and international economic policy in so far as they relate to competition policy, labor standards, environment and trade in services.
The organization of the remaining part of this paper is as follows. Section 2 reviews the literature on the likely future world trade patterns and section 3 examines issues of international trade and competition. Issues of international trade and labor standards and environmental standards are discussed in sections 4 and 5 respectively. Section 6 surveys issues that arise in trade in services and section 7 concludes the paper.
March 1999