The Shrinking Gains from Trade: A Critical Assessment of Doha Round Projections

@inproceedings{Ackerman2005TheSG,
  title={The Shrinking Gains from Trade: A Critical Assessment of Doha Round Projections},
  author={Frank. Ackerman},
  year={2005}
}
Computable general equilibri um (CGE) models of world trade, often presented as demonstrating the benefits of trade liberaliza tion, now make much more modest forecasts than they did just a few years ago. The es timated benefits are not only small in the aggregate, but also skewed toward devel oped countries; the expected contribution of trade liberalization to economic development and poverty alleviation is extremely limited. Related calculations, for the expected benefits of services… 
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