Date: 2013
Type: Other
Re-thinking economic development in the WTO
EUI RSCAS PP, 2013/09, Global Governance Programme, Global Economics
HOEKMAN, Bernard M., Re-thinking economic development in the WTO, EUI RSCAS PP, 2013/09, Global Governance Programme, Global Economics - https://hdl.handle.net/1814/27294
Retrieved from Cadmus, EUI Research Repository
The disagreements between the old and new trade powers in the WTO on market access issues that have deadlocked the Doha Round are in part a reflection of the “special and differential treatment” that developing countries have historically pursued in the WTO. A re-thinking of that approach is in order. This paper argues for greater effort and new approaches to use the WTO as a mechanism to help developing countries to reduce the trade and transactions costs that prevent firms and farmers from benefitting from trade opportunities. What is needed are processes for regular dialogue, peer review and independent assessment of the impacts of domestic policies, with active participation by firms that operate in the country concerned, and a focus on identification of good practices and priorities for reform and public investment.
Cadmus permanent link: https://hdl.handle.net/1814/27294
ISSN: 1830-1541
Series/Number: EUI RSCAS PP; 2013/09; Global Governance Programme; Global Economics
Other topic(s): Trade, investment and international cooperation