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Developing Countries In The World Trading System |
Edited by Ramesh Adhikari, Senior Capacity Building Specialist, Asian Development Bank Institute, Japan and Prema-chandra Athukorala, Professor of Economics, Research School of Pacific and Asian Studies, Australian National University, Australia
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| 2002 |
232 pp |
Hardback |
978 1 84064 724 2 |
£62.00 |
on-line discount
£55.80 |
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‘Developing countries are again, as in the early days of UNCTAD, becoming a major focus in the discussion of world trade reforms. Their sense that the Uruguay Round and the WTO system failed to address their concerns is a major factor behind the current problems in mounting a new multilateral round. This book addresses the key concerns of developing countries and suggests a number of reforms that will enable them to become equal partners in the world trading system.’
– Peter J. Lloyd, University of Melbourne, Australia
Experience suggests that trade liberalization has contributed substantially to the remarkable growth of industrialised 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.
The book examines the achievements of the Uruguay Round of trade negotiations in reforming the world trading system and the challenges to future reforms. It begins with an overview of the genesis of the world trading system and moves on to examine the key issues as they relate to developing countries. These include further liberalization of agricultural trade; abolition of the Multifibre Arrangement; environmental and labour standards; competition policy; regional integration in South East Asia; and the implications for developing Asian countries of the liberalization of the Chinese economy and its WTO membership. Furthermore, the book discusses the links between trade liberalization and poverty reduction – drawing on the experience of Asian countries – and puts forward arguments on how trade liberalization could effect a greater reduction in poverty.
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Contents: Foreword by Masaru Yoshitomi 1. Developing Countries in the World Trading System: An Overview 2. Emerging Issues in the World Trading System 3. Developing-Country Interests in WTO-Induced Agricultural Trade Reform 4. Asian Developing Countries and the Global Trading System for Agriculture, Textiles and Clothing 5. Environmental Standards and Trade in Agricultural Products: Evidence from Brazil, Germany and Indonesia 6. Labour Standards, Social Labels and the WTO 7. Competition Policy, the Pacific Economic Cooperation Council and the WTO 8. Export Competition in Asia and the Role of China 9. The Enlargement of ASEAN and its Impact on Regional Integration 10. Trade Policy Reforms, Growth and Poverty Reduction Index
Contributors: R. Adhikari, K. Anderson, P.-c. Athukorala, A. Basu, N. Chau, C. Deblitz, U. Grote, J. Menon, T.N. Srinivasan, S. Stegmann, K. Vautier, Y. Yang
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