Research elsewhere has demonstrated that liberalizing trade policies governing services generally has far higher welfare benefits for developing economies than equivalent reforms to manufacturing or agricultural policies.
The Emerging Markets Handbook 2012 uses an editorial board of industry specialists in the field of developing economies to analyse and discuss movements in the market and make predictions for the future.
Developing economies participating in this project will receive hands on technical assistance at the operational level of their customs agencies to help them implement the elements of an expedited shipments program.
At the same time, the United States believes that any arrangement must also take into account the legitimate right of the major developing economies and indeed all countries to grow their economies, develop on a sustainable basis, and have access to secure energy sources.
We agreed that building confidence in multilateral trade negotiations is a key to the launch of a new round, and decided on steps to develop the capacity of APEC developing economies to implement World Trade Organization (WTO) agreements and to prepare for a new round," Australian Trade Minister Mark Vaile said in a statement issued in his capacity of the chairman of the two-day meeting.