The Hong Kong Ministerial: What’s at Stake for the Poor?
Author(s)
Wise, Timothy A.; Gallagher, Kevin P.
Abstract
The World Bank modelled the impacts of agricultural trade liberalisation and reductions in non-agricultural tariffs, but not services which are widely considered too difficult to project with any reliability. Popular presentations of the World Bank’s research leave out the most important findings: the numbers themselves. This article presents some of these numbers, which paint their own stark picture of the limited gains from trade.