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Communication from the International Monetary Fund - Financing of Losses from Preference Erosion
作者:WTO Secretariat
World Trade Organization WT/TF/COH/14 14 February 2003 (03-0964) communication from the inTernational monetary fund The following contribution has been received from the staff of the International Monetary Fund. It has been prepared in response to consultations between the WTO Director-General and the Deputy Managing Director of the IMF on how the IMF can provide support to the WTO Secretariat and Members in areas of its expertise. _______________ financing of losses from preference erosion Note on Issues raised by Developing Countries in the Doha Round EXECUTIVE SUMMARY Losses from preference erosion, for LDCs as a whole, as a result of MFN tariff reductions by the Quad countries, will probably be very small, likely less than two per cent of exports. Only a few countries will face losses that are not insignificant. But here too the magnitudes are small in absolute value and in relation to exports. Only one country is expected to face