The Political Economy of the World Trading System

The Political Economy of the World Trading System PDF Author: Bernard M. Hoekman
Publisher: Oxford University Press
ISBN: 0199553769
Category : Business & Economics
Languages : en
Pages : 765

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Book Description
New to this edition.

The Political Economy of the World Trading System

The Political Economy of the World Trading System PDF Author: Bernard M. Hoekman
Publisher: Oxford University Press
ISBN: 0199553769
Category : Business & Economics
Languages : en
Pages : 765

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Book Description
New to this edition.

Developing Countries And The Multilateral Trading System

Developing Countries And The Multilateral Trading System PDF Author: T. N. Srinivasan
Publisher: Routledge
ISBN: 0429721242
Category : Political Science
Languages : en
Pages : 137

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Book Description
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.

Global Trading System, the WTO, and the Developing Countries

Global Trading System, the WTO, and the Developing Countries PDF Author: T. N. Srinivasan
Publisher:
ISBN: 9788185877433
Category : Developing countries
Languages : en
Pages : 51

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Book Description


Reshaping the World Trading System

Reshaping the World Trading System PDF Author: John Croome
Publisher: DIANE Publishing
ISBN: 0788130463
Category : Foreign trade regulation
Languages : en
Pages : 411

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Book Description
Tracing the history and evolution of the Uruguay Round, this book seeks to explain how it came about, why it covered the subjects it did, what the participants sought, & the twists, turns, setbacks & successes in each sector of the negotiations.

Most-favoured-nation Treatment

Most-favoured-nation Treatment PDF Author: United Nations Conference on Trade and Development
Publisher:
ISBN:
Category : Political Science
Languages : en
Pages : 164

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Book Description
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.

Developing Countries in the World Trading System

Developing Countries in the World Trading System PDF Author: Ramesh Adhikari
Publisher: Edward Elgar Publishing
ISBN: 1781009589
Category : Business & Economics
Languages : en
Pages : 229

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Book Description
Experience suggests that trade liberalization has contributed substantially to the remarkable growth of industrialized countries. However, for various reasons many developing countries have not yet been able to integrate successfully into global markets and reap the growth-inducing and poverty-reducing benefits of trade. This book argues that while developing countries are heavily represented in the WTO - accounting for about four-fifths of its membership - there is still plenty of scope for the world trading system to work more effectively in their interests.

A World Trading System for the Twenty-First Century

A World Trading System for the Twenty-First Century PDF Author: Robert W. Staiger
Publisher: MIT Press
ISBN: 0262047306
Category : Business & Economics
Languages : en
Pages : 353

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Book Description
When designing a world trading system for the twenty-first century, “Keep calm and carry on” beats “Move fast and break things.” Global trade is in trouble. Climate change, digital trade, offshoring, the rise of emerging markets led by China: Can the World Trade Organization (WTO), built for trade in the twentieth century, meet the challenges of the twenty-first? The answer is yes, Robert Staiger tells us, arguing that adapting the WTO to the changed economic environment would serve the world better than a radical reset. Governed by the WTO, on the principles of the General Agreement on Tariffs and Trade (GATT), global trade rules traditionally focus on “shallow integration”—with an emphasis on reducing tariffs and trade impediments at the border—rather than “deep integration,” or direct negotiations over behind-the-border measures. Staiger charts the economic environment that gave rise to the former approach, explains when and why it worked, and surveys the changing landscape for global trade. In his analysis, the terms-of-trade theory of trade agreements provides a compelling framework for understanding the success of GATT in the twentieth century. And according to this understanding, Staiger concludes, the logic of GATT's design transcends many, if not all, of the current challenges faced by the WTO. With its penetrating view of the evolving global economic environment, A World Trading System for the Twenty-First Century shows us a global trading system in need of reform, and Staiger makes a persuasive case for using the architecture of the GATT/WTO as a basis for that reform.

Strengthening the Global Trade Architecture for Development

Strengthening the Global Trade Architecture for Development PDF Author: Bernard M. Hoekman
Publisher: World Bank Publications
ISBN: 2050402422
Category : Developing countries
Languages : en
Pages : 40

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Book Description
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").

The Political Economy of the World Trading System : WTO and Beyond

The Political Economy of the World Trading System : WTO and Beyond PDF Author: Bernard Hoekman
Publisher: OUP Oxford
ISBN: 0191522252
Category : Business & Economics
Languages : en
Pages : 580

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Book Description
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.

The WTO and its Development Obligation

The WTO and its Development Obligation PDF Author: Elimma C. Ezeani
Publisher: Anthem Press
ISBN: 9781843318088
Category : Business & Economics
Languages : en
Pages : 303

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Book Description
‘The WTO and its Development Obligation: Prospects for Global Trade’ boldly argues that, in view of the WTO's development-based focus, there is an urgent need for developing countries to realise the potential benefits of global trade in their domestic environment. Ezeani also acknowledges and examines the underlying factors which make it challenging for developing countries to make meaningful gains from participating in global trade.