Download or read book Developing Countries And The Multilateral Trading System written by T. N. Srinivasan and published by Routledge. This book was released on 2019-03-13 with total page 137 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a historical perspective of the Uruguay Round agreement and focuses on the interaction between the developed and developing countries on matters relating to the global trading system and its disciplines since the founding of General Agreement on Tariffs and Trade.

Download or read book Efficiency Equity and Legitimacy written by Roger B. Porter and published by Rowman & Littlefield. This book was released on 2004-06-23 with total page 470 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Brookings Institution Press and the Center for Business and Government at Harvard University publication The multilateral trading system stands at a crossroads. Despite its widely acknowledged contribution to global prosperity over the past half century, the movement toward further liberalization has increasingly been challenged. These essays by leading scholars and trade officials honor Raymond Vernon, one of the architects of the international economic institutions established following the Second World War. The book examines several key issues at the heart of the debate over the multilateral trading system. What are the global efficiency gains from further liberalization? How can efficiency gains be maximized while respecting legitimate claims to sovereignty? Is the trading system affording an equitable distribution of benefits between countries and among various groups within societies? Does civil society have a role in the trading system? What role should the World Trade Organization and its dispute settlement procedures play in resolving disputes and enhancing legitimacy?

Download or read book Developing Countries and the Multilateral Trading System written by T. N. Srinivasan and published by . This book was released on 1998 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Asymmetries in the Emerging Multilateral Trading System Under the WTO written by Jamil Ahmad and published by GRIN Verlag. This book was released on 2011-09 with total page 89 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Paper (postgraduate) from the year 2011 in the subject Economics - International Economic Relations, Aligarh Muslim University (Department of Economics), language: English, abstract: The fundamental principles of the multilateral trading system is to help trade flow as freely as possible, on the one hand, and deal with disputes over trade issues on the other. The expansion of trade has played a dynamic role in the growth of the global economy since World War II. Trade is important for the development of all types of economies. But its sustained growth calls for a free and fair Multilateral trading system. A trading system that is rule based helps in the expansion of trade. Similarly, a trading system that lowers trade barriers through negotiations and applies the principle of non-discrimination promotes trade from developing countries. Further, the trading system that allows disputes to be settled effectively and constructively has the added advantage for the developing countries. The world trading system under the WTO promises all but its working over the past years since its establishment has revealed that the pace and pattern of implementation by different member countries have not been uniform. More powerful players in the trade space have evolved many new instruments of safeguarding their national interest while the weaker players have been forced to implement their commitments. This has generated asymmetries in the pattern of effective market access in the different countries of the world economy. In the light of the above, our objective in this study is primarily to examine the role of Multilateral trading system under the WTO in promoting international trade of developing countries in general and that of India in particular. The purpose of this paper is (a) to discuss the importance of trade and trading system for developing countries in general and India in particular (b) to discuss the asymmetries exist under the WTO which effect the development

Download or read book Developing Countries and the Next Round of Multilateral Trade Negotiations written by Anne O. Krueger and published by World Bank Publications. This book was released on 1999 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The WTO and the Multilateral Trading System written by Bhagirath Lal Das and published by . This book was released on 2003 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Book charts the evolution of the multilateral trading system over the last half-century and explores the future outlook for the intergovernmental body that constitutes its institutional base and which is responsible for governing the conduct of global commerce, the World Trade Organisation (WTO). The author, a leading authority on international trade, identifies the distinct trends that have characterised the historical progression of the system, from the formulation of the General Agreement on Tariffs and Trade (GATT) in 1947 through the WTO's inception in 1995 to the present day. He examines how the GATT/WTO framework has traditionally been used by the major industrial nations as a vehicle to pursue their narrow economic and political interests, at the expense of Third World countries' development prospects. This North-South imbalance continues to pervade the multilateral trade regime today, in the form of inherent inequities in the WTO agreements and their implementation, and attempts to insert potentially damaging new issues into the WTO agenda. Further, this book traces the intimate links between these substantive deficiencies and the WTO's murky decision-making processes, which are dominated by its developed-country members to the detriment of the developing countries.

Download or read book Most favoured nation Treatment written by United Nations Conference on Trade and Development and published by . This book was released on 2010 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: The publication contains an explanation of Most Favored Nation (MFN) treatment and some of the key issues that arise in its negotiation, particularly the scope and application of MFN treatment to the liberalization and protection of foreign investors in recent treaty practice. The paper provides policy options as regards the traditional application of MFN treatment and identifies reactions by States to the unexpected broad use of MFN treatment, and provides several drafting options, such as specifying or narrowing down the scope of application of MFN treatment to certain types of activities, clarifying the nature of "treatment" under the IIA, clarifying the comparison that an arbitral tribunal needs to undertake as well as a qualification of the comparison "in like circumstances" or excluding its use in investor-State cases.

Download or read book Small States in the Multilateral Trading System written by Laura Gosset and published by Commonwealth Secretariat. This book was released on 2015-11-20 with total page 169 pages. Available in PDF, EPUB and Kindle. Book excerpt: Developing countries, including as small states and least developed countries (LDCs), continue to face significant challenges within the global trading system. Action is required to allow them to overcome disadvantages and achieve sustainable levels of income from trade. This study provides a fresh perspective on how measures can be taken to enhance the participation of small states, many of which are Commonwealth countries, in the multilateral trading system. It contributes to the ongoing general debate about reforming the World Trade Organization and global trade governance.

Download or read book From Gatt to the WTO The Multilateral Trading System written by World Trade Organization and published by Kluwer Law International B.V.. This book was released on 2000-04-13 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Om det nuværende og fremtidige verdenshandelsystem

Download or read book Economic Development and Multilateral Trade Cooperation written by Bernard M. Hoekman and published by World Bank Publications. This book was released on 2005-12-01 with total page 500 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book The Uruguay Round and Beyond written by John Whalley and published by Springer. This book was released on 1989-08-01 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a report about developing country participation both in the current Uruguay round and beyond, arguing that over the post war years a climate of mistrust has evolved between developed and developing countries over trade issues.

Download or read book Trade Preferences and Differential Treatment of Developing Countries written by Bernard M. Hoekman and published by World Bank Publications. This book was released on 2006 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: The issue of SDT has become very topical again, following a period during which it was viewed as an outdated concept for the multilateral trading system. We therefore devote attention as well to a number of recent contributions that discuss (i) whether there is a continued need for SDT, and (ii) how this might be designed from both a development (recipient) objective and from the perspective of the trading system more generally. A major theme of the survey is that most of the issues that are debated today were already being discussed in the 1960s. We conclude that those who questioned the value of unilateral preferences have proven to be prescient.

Download or read book Developing Countries and the Multilateral Trade Regime written by Donatella Alessandrini and published by Bloomsbury Publishing. This book was released on 2010-08-10 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the way in which 'development' has functioned within the multilateral trade regime since de-colonisation. In particular, it investigates the shift from early approaches to development under the GATT to current approaches to development under the WTO. It argues that a focus on the creation and transformation of a scientific apparatus that links forms of knowledge about the so-called Third World with forms of power and intervention is crucial for understanding the six decades long development enterprise of both the GATT and the WTO. The book is both topical and necessary given the emphasis on the current round of negotiations of the WTO. The Doha 'Development' Round has been premised on two assumptions. Firstly, that the international community has undertaken an unprecedented effort to address the imbalances of the multilateral trading regime with respect to the position of its developing country members. Secondly, that its successful conclusion represents an historic imperative and a political necessity for developing countries. Through a sustained analysis of the interaction between development thinking and trade practices, the book questions both assumptions by showing how development has always occupied a central position within the multilateral trading regime. Thus, rather than asking the question of what needs to be done in order to achieve 'development', the book examines the way in which development has operated and still operates to produce important, and often unacknowledged, power relations. "Intense controversy surrounds the issue of the relationship between trade and development. This book is novel in examining the emergence of the international trade regime in the context of the history of the concept of development that may be traced back at least to the time of the League of Nations. This is a very welcome and original contribution to the field that should generate new discussions and understanding about the law of international trade." Antony Anghie, University of Utah

Download or read book The World Trading System written by John Howard Jackson and published by MIT Press. This book was released on 1997 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the first edition of The World Trading System was published in 1989, the Uruguay Round of trade negotiations has been completed, and most governments have ratified and are in the process of implementing the General Agreement on Tariffs and Trade (GATT). In the Uruguay Round, more than 120 nations negotiated for over eight years, to produce a document of some 26,000 pages. This new edition of The World Trading System takes account of these and other developments. Like the first edition, however, its treatment of topical issues is grounded in the fundamental legal, constitutional, institutional, and political realities that mold trade policy. Thus the book continues to serve as an introduction to the study of trade law and policy. Two basic premises of The World Trading System are that economic concerns are central to foreign affairs, and that national economies are growing more interdependent. The author presents the economic principles of international trade policy and then examines how they operate under real- world constraints. In particular, he examines the extremely elaborate system of rules that governs international economic relations. Until now, the bulk of international trade policy has addressed trade in goods; issues inadequately addressed by policy include trade in services, intellectual property rights, certain investment measures, and agriculture. The author highlights the tension between legal rules, designed to create predictability and stability, and the governments need to make exceptions to solve short-term problems. He also looks at weaknesses of international trade policy, especially as it applies to developing countries and economies in transition. He concludes with a look at issues that will shape international trade policy well into the twenty-first century.

Download or read book The Political Economy of the World Trading System WTO and Beyond written by Bernard Hoekman and published by OUP Oxford. This book was released on 2001-07-19 with total page 580 pages. Available in PDF, EPUB and Kindle. Book excerpt: The creation of the World Trade Organization (WTO) in 1995 ushered in a new era in world trading arrangements. Building on the General Agreement on Trades and Tariffs (GATT), the intergovernmental treaty that for 50 years had regulated international trade relations, the WTO is a global organization of equal standing to the International Monetary Fund and the World Bank, and will set the agenda for international trade for decades to come. The authors of this volume were heavily involved in the Uruguay Round of GATT negotiations that laid the foundations for the creation of the WTO, and were ideally placed to see how the politics of negotiation affects the economics of trade. The Political Economy of the World Trading System is the first comprehensive and accessible introduction to the institutional mechanics, economics, and politics of the global trading networks. It goes beyond description of the rules of the WTO to analyse the political and economic forces that sculpted them, the incentives for countries to abide by them, and the likely future direction of the organization. The authors show how governments are not necessarily the social welfare-maximizing entities often found in textbooks, but instead develop policy subject to the pressures of a variety of interest groups. Although economic theory suggests that countries should pursue liberal trade policies and exchange goods and services on the basis of their comparative advantage, in practice most nations actively intervene in international trade. The political economy approach taken in this volume explains how the WTO functions, why GATT has been very successful in reducing tariffs, and why it has proven much more difficult to expand the reach of multilateral disciplines to domestic policies impacting on trade. This book will increase the reader's understanding of international economics, business, and international relations by supplying in-depth insider knowledge of how trade negotiations take place, how this decision-making affects trade policy, and how the multilateral arrangements that shape world trade are created. This information is crucial to understand why WTO rules are phrased as they are, and to understand the processes by which business organizations, industrial associations, and political lobbies influence the multilateral trading system. In this expanded and thoroughly revised edition, the authors have taken account of the recent developments in international trade relations, included an extra chapter on the historical importance of international trading arrangements, and updated all the references and guides to further reading.

Download or read book The Political Economy of the World Trading System written by Bernard M. Hoekman and published by Oxford University Press, USA. This book was released on 1995 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understanding the reach and relevance of the organization is therefore important, and requires an interdisciplinary approach. Few countries allow unfettered market forces to determine the pattern and structure of trade and investment. Instead, governments develop policy in response to domestic political forces, taking into account likely reactions by trading partners. In discussing the WTO, the authors take a political economy-based approach that can explain these fundamental aspects of the 'real' world.

Download or read book Developing Countries and the Global Trading System written by John Whalley and published by . This book was released on 1989 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second of two volumes of studies which have resulted from a project on "Trade Policy and the Developing World" supported by the Ford Foundation. It evaluates the options for developing countries and considers their participation in world trade through negotiations in GATT and other fora.