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Semestre Económico

Print version ISSN 0120-6346On-line version ISSN 2248-4345

Abstract

BAENA ROJAS, José Jaime. TRANSITION TO THE GENERALIZED SYSTEMS OF PREFERENCES: A CHANGE OF POLICY IN INTERNATIONAL COOPERATION. Semest. Econ. [online]. 2020, vol.23, n.54, pp.61-83.  Epub July 30, 2020. ISSN 0120-6346.  https://doi.org/10.22395/seec.v23n54a4.

After the end of World War II, the international cooperation increased notoriously, a scenario that propitiated the boom of unilateral preferential tariffs through a generalized system of preferences (GSP), understood as another mechanism for promoting the social and economic development. So, this article performs a descriptive study on the behaviour of these type of international treaties based on databases of the regional commercial agreements of the World Trade Organization. This article concludes that the GSP, conceded to the least developed countries, seem to be extinguishing given the new interest of the developed countries currently signing free trade agreements (FTA) for ending certain SGP, additionally because the FTA allows the creation of additional normative dispositions apart from the WTO.

JEL CLASSIFICATION: F53, N00, O10, P45

CONTENT: Introduction; 1. The GSP as unilateral preferential agreements within the multilateral commerce system; 2. Methodology employed in this article; 3. Results and evidence on the transition of the generalized systems of preferences; 4. Conclusions; Bibliography.

Keywords : Generalized system of preferences; unilateral preferential tariffs; free trade agreements; international cooperation; international relations.

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