Developing Countries and a New Round of WTO Negotiations
This article summarizes some of the results and findings emerging from an ongoing World Bank a research and capacity-building project that focuses on the World Trade Organization (WTO) negotiating agenda from a developing country perspective. Recent research suggests that the potential gains from further multilateral liberalization of trade remain very large. The payoffs associated with attempts to introduce substantive disciplines in the WTO on domestic regulatory regimes are much less certain. This suggests that the focus of current and future negotiations should be primarily on the bread and butter of the multilateral trading system-the progressive liberalization of barriers to trade in goods and services on a nondiscriminatory basis. In addition, priority should be given to ensuring that rules are consistent with the development needs of poorer countries and to helping developing countries implement WTO obligations.
| Main Authors: | , , |
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| Format: | Journal Article biblioteca |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2002-01
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| Subjects: | CAPACITY BUILDING, DOMESTIC REGULATORY REGIMES, MULTILATERAL TRADE LIBERALIZATION, RESEARCH, TRADE NEGOTIATIONS, WORLD TRADE ORGANIZATION, |
| Online Access: | http://documents.worldbank.org/curated/en/2002/01/17591915/developing-countries-new-round-wto-negotiations https://hdl.handle.net/10986/16462 |
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| Summary: | This article summarizes some of the
results and findings emerging from an ongoing World Bank a
research and capacity-building project that focuses on the
World Trade Organization (WTO) negotiating agenda from a
developing country perspective. Recent research suggests
that the potential gains from further multilateral
liberalization of trade remain very large. The payoffs
associated with attempts to introduce substantive
disciplines in the WTO on domestic regulatory regimes are
much less certain. This suggests that the focus of current
and future negotiations should be primarily on the bread and
butter of the multilateral trading system-the progressive
liberalization of barriers to trade in goods and services on
a nondiscriminatory basis. In addition, priority should be
given to ensuring that rules are consistent with the
development needs of poorer countries and to helping
developing countries implement WTO obligations. |
|---|