The Wto And Economic Development

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The WTO and Economic Development

Author : Ben Zissimos
Publisher : MIT Press
Page : 377 pages
File Size : 42,7 Mb
Release : 2024-05-21
Category : Business & Economics
ISBN : 9780262552103

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The WTO and Economic Development by Ben Zissimos Pdf

Economists offer rigorous quantitative analyses of how the institutional design and purpose of the WTO (and its progenitor, the GATT) affect economic development. The World Trade Organization (WTO) was established partly to support economic development in developing countries through international trade. This goal has been elusive, with some questioning the WTO's ability to achieve such a goal. In this volume, leading scholars in the economics of international trade offer rigorous quantitative analyses of how the institutional design and purpose of the WTO (and its progenitor, the GATT) affect economic development. The volume begins with analyses of market access concessions that have been or could be exchanged between developing and developed countries, from a formal framework for incorporating non-tariff measures into a model for analyzing a multilateral trade agreement to an examination of the MFN (most-favored nation) free rider problem. Contributors then develop new theoretical and econometric approaches for understanding key aspects of trade liberalization under the GATT/WTO that are of particular relevance to economic development, considering such topics as achieving cooperation in eliminating prohibitive trade barriers and the effect of China's export subsidies on its dramatic growth in exports. Finally, the book considers two significant new issues that arose from the Uruguay round, from which the WTO was formed: the TRIPS agreement, regulating intellectual property; and the resolution of trade disputes with and without litigation. Taken together, these analyses shed new light on the relationship between trade liberalization and economic development as well as the WTO's effectiveness.

Development, Trade, and the WTO

Author : Bernard M. Hoekman,Aaditya Mattoo,Philip English
Publisher : World Bank Publications
Page : 674 pages
File Size : 50,9 Mb
Release : 2002
Category : Business & Economics
ISBN : 082134997X

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Development, Trade, and the WTO by Bernard M. Hoekman,Aaditya Mattoo,Philip English Pdf

Publisher's description: Developing countries are increasingly confronted with the need to address trade policy related issues in international agreements, most prominently the World Trade Organization (WTO). New WTO negotiations on a broad range of subjects were launched in November 2001. Determining whether and how international trade agreements can support economic development is a major challenge. Stakeholders in developing countries must be informed on the issues and understand how their interests can be pursued through international cooperation. This handbook offers guidance on the design of trade policy reform, surveys key disciplines and the functioning of the World Trade Organization (WTO), and discusses numerous issues and options that confront developing countries in using international cooperation to improve domestic policy and obtain access to export markets. Many of the issues discussed are also relevant in the context of regional integration agreements. Separate sections of the handbook summarize what constitutes sound trade policy; the major aspects of the WTO from a development perspective; policy issues in the area of merchandise trade and the liberalization of international transactions in services; protection of intellectual property rights and economic development; new regulatory subjects that are emerging in the agenda of trade talks; and enhancing participation of developing countries in the global trading system.

Economic Development, Competition Policy, and the World Trade Organization

Author : Bernard M. Hoekman,Petros C. Mavroidis
Publisher : World Bank Publications
Page : 40 pages
File Size : 54,9 Mb
Release : 2002
Category : Antitrust law
ISBN : 8210379456XXX

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Economic Development, Competition Policy, and the World Trade Organization by Bernard M. Hoekman,Petros C. Mavroidis Pdf

At the recent World Trade Organization (WTO) ministerial meeting in Doha, Qatar, WTO members called for the launch of negotiations on disciplines relating to competition based on explicit consensus on modalities to be agreed at the fifth WTO ministerial meeting in 2003. WTO discussions since 1997 have revealed little support for ambitious multilateral action. Proponents of the WTO antitrust disciplines currently propose an agreement that is limited to "core principles"-nondiscrimination, transparency, and provisions banning "hard core" cartels. The authors argue that an agreement along such lines will create compliance costs for developing countries without addressing the anticompetitive behavior of firms located in foreign jurisdictions. To be unambiguously beneficial to low-income countries, any WTO antitrust disciplines should recognize the capacity constraints that prevail in these economies, make illegal collusive business practices by firms with international operations that raise prices in developing country markets, and require competition authorities in high-income countries to take action against firms located in their jurisdictions to defend the interests of affected developing country consumers. More generally, a case is made that traditional liberalization commitments using existing WTO fora will be the most effective means of lowering prices and increasing access to an expanded variety of goods and services.

Economic Development Through World Trade

Author : Yong-Shik Lee
Publisher : Kluwer Law International
Page : 468 pages
File Size : 53,5 Mb
Release : 2008-01-21
Category : Business & Economics
ISBN : 9041150560

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Economic Development Through World Trade by Yong-Shik Lee Pdf

Increased participation in world trade is typically seen as the key to rapid economic growth and development. Since this work examines trade and development from the point of view of developing countries, it provides a rare opportunity to understand - and benefit from - the perspectives of the developing world. Developing nations comprise two-thirds of the membership of the World Trade Organization (WTO) so a work produced by an array of experts from those countries provides an important window on the intersection of trade and development. Since many of the topics covered in the work describe on-going progress in the WTO's "development" or Doha Round, the book also helps readers to understand the context, issues and results of this important round of international trade negotiations.

Economic Development and Multilateral Trade Cooperation

Author : Bernard M. Hoekman,Simon J. Evenett
Publisher : World Bank Publications
Page : 500 pages
File Size : 41,6 Mb
Release : 2005-12-01
Category : Business & Economics
ISBN : 0821360647

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Economic Development and Multilateral Trade Cooperation by Bernard M. Hoekman,Simon J. Evenett Pdf

How can international trade agreements promote development and how can rules be designed to benefit poor countries? Can multilateral trade cooperation in the World Trade Organization (WTO) help developing countries create and strengthen institutions and regulatory regimes that will enhance the gains from trade and integration into the global economy? And should this even be done? These are questions that confront policy makers and citizens in both rich and poor countries, and they are the subject of Economic Development and Multilateral Trade Cooperation. This book analyzes how the trading system could be made more supportive of economic development, without eroding the core WTO functions.

Development, Trade, and the WTO

Author : Bernard M. Hoekman,Aaditya Mattoo,Philip English
Publisher : Unknown
Page : 641 pages
File Size : 40,9 Mb
Release : 2002
Category : International economic relations
ISBN : 082134997X

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Development, Trade, and the WTO by Bernard M. Hoekman,Aaditya Mattoo,Philip English Pdf

Annotation This handbook offers guidance on the design of trade policy reform, surveys key disciplines and the functioning of the World Trade Organization (WTO), and discusses numerous issues and options that confront developing countries in using international cooperation to improve domestic policy and obtain access to export markets. Many of the issues discussed are also relevant in the context of regional integration agreements. Separate sections of the handbook summarize what constitutes sound trade policy; the major aspects of the WTO from a development perspective; policy issues in the area of merchandise trade and the liberalization of international transactions in services; protection of intellectual property rights and economic development; new regulatory subjects that are emerging in the agenda of trade talks; and enhancing participation of developing countries in the global trading system. This book also contains two CD-ROMS with additional data and analysis.

Strengthening the Global Trade Architecture for Development

Author : Bernard M. Hoekman
Publisher : World Bank Publications
Page : 40 pages
File Size : 46,9 Mb
Release : 2002
Category : Developing countries
ISBN : 9782050402423

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Strengthening the Global Trade Architecture for Development by Bernard M. Hoekman Pdf

The World Trade Organization (WTO) has a role to play in strengthening the global trading system for development, primarily by lowering barriers to trade in goods and services and ensuring that trade rules are useful to Developing countries. But greater international cooperation must complement WTO-based negotiations, in particular, concerted action outside the WTO to enhance the trade capacity of poor countries ("aid for trade").

Developing Countries and the WTO

Author : Gary P. Sampson,W. Bradnee Chambers
Publisher : Brookings Institution Press
Page : 354 pages
File Size : 48,5 Mb
Release : 2008
Category : Business & Economics
ISBN : UCSD:31822035349018

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Developing Countries and the WTO by Gary P. Sampson,W. Bradnee Chambers Pdf

It is widely accepted that a wellfunctioning global trading system is a prerequisite for trade promotion and the economic growth of developing countries. This book addresses the critical trade policy choices facing developing countries.

Economic Development, Competition Policy, and the World Trade Organization

Author : Bernard Hoekman
Publisher : Unknown
Page : 35 pages
File Size : 51,8 Mb
Release : 2016
Category : Electronic
ISBN : OCLC:1290704463

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Economic Development, Competition Policy, and the World Trade Organization by Bernard Hoekman Pdf

At the recent World Trade Organization (WTO) ministerial meeting in Doha, Qatar, WTO members called for the launch of negotiations on disciplines relating to competition based on explicit consensus on modalities to be agreed at the fifth WTO ministerial meeting in 2003. WTO discussions since 1997 have revealed little support for ambitious multilateral action. Proponents of the WTO antitrust disciplines currently propose an agreement that is limited to quot;core principlesquot; - nondiscrimination, transparency, and provisions banning quot;hard corequot; cartels. Hoekman and Mavroidis argue that an agreement along such lines will create compliance costs for developing countries without addressing the anticompetitive behavior of firms located in foreign jurisdictions. To be unambiguously beneficial to low-income countries, any WTO antitrust disciplines should recognize the capacity constraints that prevail in these economies, make illegal collusive business practices by firms with international operations that raise prices in developing country markets, and require competition authorities in high-income countries to take action against firms located in their jurisdictions to defend the interests of affected developing country consumers. More generally, a case is made that traditional liberalization commitments using existing WTO fora will be the most effective means of lowering prices and increasing access to an expanded variety of goods and services.This paper - a product of Trade, Development Research Group - is part of a larger effort in the group to analyze quot;behind the borderquot; policies that affect international trade.

India and the WTO

Author : Aaditya Mattoo,Robert Mitchell Stern
Publisher : World Bank Publications
Page : 400 pages
File Size : 55,5 Mb
Release : 2003
Category : Business & Economics
ISBN : 9780821354100

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India and the WTO by Aaditya Mattoo,Robert Mitchell Stern Pdf

This book is designed to clarify India's interests in the World Trade Organization's Doha Development Agenda and to provide a blueprint for its strategy in multilateral negotiations. The focus is on facilitating domestic and external policy reforms that can serve to bolster India's participation in the multilateral trading system and to enhance the effectiveness of India's trade and related policies in achieving developmental goals. Individual chapters address the economic effects on India of the Uruguay Round Negotiations and the prospective Doha Agenda negotiations; the implications of the abolition of the Multi-Fiber Agreement; services issues and liberalization; telecommunications policy reforms; foreign direct investment; intellectual property rights; competition policy; government procurement; standards and technical barriers; trade and environment; and, finally, a comprehensive analysis of the major issues coupled with concrete proposals to guide India's participation in the Doha Development Agenda.

Wto Accession and Socio-Economic Development in China

Author : Parikshit Basu,Yapa Bandara
Publisher : Elsevier
Page : 234 pages
File Size : 49,8 Mb
Release : 2009-06-15
Category : Business & Economics
ISBN : 9781780632377

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Wto Accession and Socio-Economic Development in China by Parikshit Basu,Yapa Bandara Pdf

This book reviews how China’s accession to the WTO has impacted upon its education, environment, economic and social outcomes in recent years. It has been argued that China’s rapid growth in output and exports and subsequent accession to WTO has significantly increased income and therefore the well-being of the Chinese population. However, doubts are now being raised that higher income is generated at the cost of deteriorating environmental and social standards which has increasingly affected the health of the Chinese people, especially those who live in major industrial cities. Also, there is a widespread perception that its accession to WTO has significantly increased social shocks, especially among the farming community, and contributed to poor health outcomes among the rural population. These issues are critically analysed in this book by experienced academics from China and Australia. Includes contributions from Australian and Chinese scholars and thus, brings together ideas and suggestions from a broad range of perspectives Analyses China’s socio-economic challenges from a multi-dimensional focus A very useful reference in WTO issues in general and China in particular

World Trade Organisation and Economic Growth

Author : M. Lakshmi Narasaiah
Publisher : Discovery Publishing House
Page : 268 pages
File Size : 42,7 Mb
Release : 2006
Category : Agriculture
ISBN : 8183560814

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World Trade Organisation and Economic Growth by M. Lakshmi Narasaiah Pdf

Many people still think first of economic growth in relation to poverty reduction. Indeed, their correlation is one of the mostdiscussed issues of combating poverty. The relationship is of great importance because if there is a clear causal dependency, reducing poverty could fundamentally be limited to measures to promote growth. However, if there was low growth or stagnation it would not be possible to reduce poverty decisively. In the opposite case, that of the phenomena having no causal relation, promising measures to reduce poverty could be taken up even without economic growth. Hardly anyone now explicitly expresses the view that economic development trickles down automatically to the poor. Practical experience has refuted this assumption dating from the early days of development policy in the 1960s. However, a number of studies show development of growth and a decline in poverty running parallel. On the other hand, there are also examples which show that despite high economic growth poverty is not reduced markedly. The common answer to the question this raises is thus: Yes, growth can reduce poverty, but only if additional measures oriented on the poor are taken up. This is often termed pro-poor-growth. But what that means in detail and whether economic growth as such plays a causal role at all, is not clarified. It is worth taking a look at the arguments on the basis of more recent empirical and theoretical knowledge. Among the many indicators of poverty, the income of the poor (income poverty) has the closest relationship to economic growth. An increase in gross domestic product and thus national income could, if other factors come into play be linked with an increase in the per capita income of the poor.

Regionalism, Trade and Economic Development in the Asia-Pacific Region

Author : Muhammed Abu B. Siddique
Publisher : Edward Elgar Publishing
Page : 255 pages
File Size : 40,8 Mb
Release : 2007-01-01
Category : Business & Economics
ISBN : 9781847204400

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Regionalism, Trade and Economic Development in the Asia-Pacific Region by Muhammed Abu B. Siddique Pdf

The editor of this book is to be congratulated for providing us with the works of a group of authors who combine proficient technical skills with elegant and lucid writing capabilities. . . This book would make excellent recommended reading for both undergraduate and graduate classes in international trade and finance. Herb Thompson, Journal of Contemporary Asia This book is based on the premise that Regional Trade Agreements (RTAs) in the Asia-Pacific significantly impact on the material progress of the peoples of this region. These impacts in terms of the benefits and costs associated with RTAs will vary greatly from country to country. The internationally acclaimed contributors examine the theoretical perspective of RTAs in relation to exchange rates, the role and goals of the WTO and agriculture. The tensions and trade frictions resulting from the formation of trade blocs and their conflicts with the roles and goals of the WTO are also examined in the book. Those economies that are considered the economic powerhouses of the region including China, Japan, South Korea, major ASEAN countries and Australia are discussed in depth. The findings of the book suggest that RTAs are becoming increasingly popular in the Asia-Pacific region. However the associated costs and benefits depend on a number of complex factors including exchange rates, negotiation skills, the sectors included or excluded from the RTA, and the level of economic development of the nations signing the RTAs. The book will be particularly useful to academics, researchers, consultants, students, policy makers (including trade negotiators), and practitioners involved in trade and development in the Asia-Pacific region.

Is the World Trade Organization Attractive Enough for Emerging Economies?

Author : Z. Drabek
Publisher : Springer
Page : 359 pages
File Size : 48,9 Mb
Release : 2009-12-18
Category : Business & Economics
ISBN : 9780230250826

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Is the World Trade Organization Attractive Enough for Emerging Economies? by Z. Drabek Pdf

Do countries benefit from their Membership in the WTO. This book addresses this question and examines the role of the WTO in the process of economic development of emerging markets and other developing countries.

China and the WTO

Author : Supachai Panitchpakdi,Mark L. Clifford
Publisher : John Wiley & Sons
Page : 268 pages
File Size : 49,6 Mb
Release : 2002-01-25
Category : Business & Economics
ISBN : UCSD:31822031089790

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China and the WTO by Supachai Panitchpakdi,Mark L. Clifford Pdf

This work analyses the implications for world trade of China's entry into the World Trade Organization. It has taken fifteen long years of dialogue and heated debate and it will take its place among the other members at the end of 2001. This momentous event is relayed by the next WTO Chairman.