The World Economy

This is the eighteenth volume in an annual series in which leading economists provide a concise and accessible evaluation of major developments in trade and trade policy.

• Examines key issues pertinent to the multinational trading system, as well as regional trade arrangements and policy developments at the national level

• The 2011 issue analyses global trade policy in areas such as Malaysia, West Africa and China

• Includes a review of antidumping, safeguards and countervailing duties from 1990–2009

• Includes chapters exploring WTO issues, and a special section on agricultural trading issues

• Provides up-to-date assessments of the World Trade Organization's current Trade Policy Reviews

• A vital resource for researchers, analysts and policy-advisors interested in trade policy and other open economy issues

Notes on Contributors vi

TRADE POLICY REVIEWS

1 Trade Policy Review – Malaysia 2010
CAMILLA JENSEN AND NASRA KARA 1

2 China’s Economic and Trade Development: Imbalance to Equilibrium
XIANGUO YAO AND MINGHAI ZHOU 19

ISSUES IN AGRICULTURAL TRADE

3 Free Trade in Agriculture and Global Poverty
MAURIZIO BUSSOLO, RAFAEL DE HOYOS AND DENIS MEDVEDEV 35

4 Agricultural Export Subsidies and Domestic Support Reform under the WTO System: What Does It Mean for Welfare in West Africa?
JOHN ALEXANDER NUETAH, TING ZUO AND XIN XIAN 61

SPECIAL TOPICS

5 Taking Stock of Antidumping, Safeguards and Countervailing Duties, 1990–2009
CHAD P. BOWN 81

6 Special and Differential Treatment of Developing Countries and Export Promotion Policies under the WTO
JAI S. MAH 125

Index 145

David Greenaway is Vice-Chancellor of the University of Nottingham, where he is also Professor of Economics and Research Fellow in the Leverhulme Centre for Research on Globalisation and Economic Policy.

The World Economy: Global Trade Policy 2011 is the eighteenth in an annual series in which leading economists provide a concise and accessible evaluation of major developments in trade and trade policy. Each annual volume examines key issues pertinent to the multilateral trading system, as well as regional trade arrangements and policy developments at the national level. Each volume also provides assessments of the World Trade Organization's (WTO) recent Trade Policy Reviews.

The 2011 issue analyses global trade policy in areas such as Malaysia, West Africa and China, and includes a review of antidumping, safeguards and countervailing duties from 1990 to 2009. The book also includes chapters exploring WTO issues, and a special section on agricultural trading issues. This book is a vital resource for researchers, analysts and policy advisors interested in trade policy and other open economy issues.