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Contents
Acknowledgements and Disclaimer2
Foreword by the Director-General3
executive summary5
I The trade situation in 2009-1018
IITrade in natural resources38
A Introduction40
B natural resources: Definitions, trade patterns and globalization44
1. Definitions and key features of natural resources46
2. Natural resource trade flows and related indicators54
3. Modes of natural resources trade59
4. Natural resources: Globalization and the intellectual debate63
5. Conclusions70
c trade theory and natural resources72
1. Trade theory and resource distribution74
2. Trade theory and resource exhaustibility: The problem of finite supplies75
3. Trade theory and resource exhaustibility: The problem of open access81
4. Natural resources and the problem of environmental externalities87
5. The natural resource curse91
6. Natural resources and price volatility97
7. Conclusions107
D trade policy and natural resources112
1. Trade and other policy instruments in the natural resource sectors114
2. Trade policy, resource distribution and exhaustibility123
3. Trade policy and exhaustibility: The problem of open access130
4. Natural resources externalities and environmental policy136
5. The political economy of trade policy in natural resource sectors138
6. National resource abundance and regional integration141
7. Conclusions147
enatural resources, international cooperation and trade regulation160
1. Trade in natural resources and WTO rules162
2. Other international law and natural resources176
3. Trade-related issues affecting natural resources: Challenges ahead183
4. Conclusions196
Fconclusions200
statistical appendix 204
Bibliography229
technical notes240
Glossary244
Abbreviations and symbols245
List of figures, tables, boxes and maps247
Wto members251
Previous World trade Reports252