This volume is the fifth in a an annual series in which top economists provide a concise and accessible evaluation of major developments in trade and trade policy. aeo An accessible and digestable information source on current trade and policy developments at global, regional and national levels.

1. Editorial Introduction: Peter Lloyd and Chris Milner. Institutional Focus. 2. The World Bank Policies Towards Trade and Trade Reform Policy: Anne O. Kreueger and Sarath Rajapatirana. 3. WTO Trade Policy Review Mechanism: From through the Looking Glass: Sam Laird. Regional Focus. 4. Whither the Free Trade Area of the Americas?: Jeffrey Schott and Gary Hufbauer. 5. The Free Trade Area of the Americas: A Latin American Perspective: José Tavares De Araujo Jr and José M. Salazar-Xirinachs. Trade Policy Reviews. 6. The WTO Trade Policy Reviews of India, 1998: Arvind Panagariya. 7. Beyond Transparency: An Analysis of the Trade Policy Review of the European Union: P. K. M. Tharakan. Special Features. 8. WTO Accession Issues: Rolf J. Langhammer and Matthias Lücke. 9. Competition Policy, Developing Countries and THE wto: Bernard Hoekman and Peter Holmes. 10. Trade and Competition: An Industrial Economist's Perspective: Stephen Martin. Notes to Contributors. Index.

This volume is the fifth in a an annual series in which top economists provide a concise and accessible evaluation of major developments in trade and trade policy. Each annual volume examines key issues pertinent to the multinational trading system, as well as regional trade arrangements and policy developments at the national level. Each volume also provides assessments of the World Trade Organization's current Trade Policy Reviews.

1. Editorial Introduction: Peter Lloyd and Chris Milner. Institutional Focus. 2. The World Bank Policies Towards Trade and Trade Reform Policy: Anne O. Kreueger and Sarath Rajapatirana. 3. WTO Trade Policy Review Mechanism: From through the Looking Glass: Sam Laird. Regional Focus. 4. Whither the Free Trade Area of the Americas?: Jeffrey Schott and Gary Hufbauer. 5. The Free Trade Area of the Americas: A Latin American Perspective: José Tavares De Araujo Jr and José M. Salazar-Xirinachs. Trade Policy Reviews. 6. The WTO Trade Policy Reviews of India, 1998: Arvind Panagariya. 7. Beyond Transparency: An Analysis of the Trade Policy Review of the European Union: P. K. M. Tharakan. Special Features. 8. WTO Accession Issues: Rolf J. Langhammer and Matthias Lücke. 9. Competition Policy, Developing Countries and THE wto: Bernard Hoekman and Peter Holmes. 10. Trade and Competition: An Industrial Economist's Perspective: Stephen Martin. Notes to Contributors. Index.