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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

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").

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

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").

Strengthening the Global Trade Architecture for Development

Strengthening the Global Trade Architecture for Development PDF Author: Bernard Hoekman
Publisher:
ISBN:
Category :
Languages : en
Pages : 38

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 (quot;aid for tradequot;).Despite recurring rounds of trade liberalization under the auspices of the World Trade Organization (and its predecessor, the General Agreement on Tariffs and Trade, or GATT), complemented by unilateral reforms, many developing countries have not been able to integrate into the world economy. Hoekman argues that from the perspective of the poorest countries, a multipronged strategy is required to strengthen the global trading system. Moreover, much of the agenda must be addressed outside the WTO.The most important contribution the WTO can make to development is to improve market access conditions - for goods and services - and ensure that trade rules are useful to developing countries. Enhancing trade capacity requires concerted action outside the WTO (quot;aid for tradequot;) as well as unilateral actions by both industrial and developing countries to reduce antitrade biases.This paper - a product of Trade, Development Research Group - is part of a larger effort in the group to investigate how the WTO can be used more effectively by developing countries to integrate into the world economy.

Strengthening the Global Trade Architecture for Development

Strengthening the Global Trade Architecture for Development PDF Author: Bernard M. Hoekman
Publisher:
ISBN:
Category :
Languages : en
Pages : 49

Book Description


The Evolving Global Trade Architecture

The Evolving Global Trade Architecture PDF Author: Dilip K. Das
Publisher: Edward Elgar Publishing
ISBN: 1847205356
Category : Law
Languages : en
Pages : 228

Book Description
This book is useful for scholars and practitioners who did not follow the GATT/WTO negotiations and who desire to acquire a comprehensive background on the subject. Mordechai E. Kreinin, Journal of Economic Literature This comprehensive and accessible book examines the evolution of the multilateral trade regime in the ever-changing global economic environment, particularly during the WTO era and the ongoing Doha Round. Professor Das explores how the creation of the multilateral trade regime, or the GATT/WTO system, has been fraught with difficulties. He describes the ways, by means of various rounds of negotiations, the multilateral trade regime has constantly adjusted itself to the new realities of the global economy. One glance at the recent history indicates that the evolution of the multilateral trade regime was far from even-handed and steady. The GATT/WTO system was repeatedly pushed to the brink of utter and ignominious disaster. Yet, as the author illustrates, the participating economies persevered. Consequently, the fabric of multilateral trade regime is stronger, its foundation deeper and its framework wider now than it was a generation ago. Unlike the GATT era, membership of the present trade regime is close to universal. The author concludes that of the two phases, the latter has turned out to be the more arduous, intricate and complex phase of evolution. Students and scholars of economics, international trade, international political economy and international relations will find this study of great interest. The definitions and explanations of terminology and advanced concepts make the book accessible to those without an extensive economic background.

New Global Economic Architecture

New Global Economic Architecture PDF Author: Masahiro Kawai
Publisher: Edward Elgar Publishing
ISBN: 1783472200
Category : Business & Economics
Languages : en
Pages : 288

Book Description
Policymakers, academics, think tanks and practitioners will benefit from the international perspective of the book, particularly those interested in the influential Asian architecture. This book is also a useful reference tool for students of macroecon

Development, Trade, and the WTO

Development, Trade, and the WTO PDF Author: Bernard M. Hoekman
Publisher:
ISBN:
Category : International economic relations
Languages : en
Pages : 682

Book Description
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.

Globalization, Growth, and Poverty

Globalization, Growth, and Poverty PDF Author: Paul Collier
Publisher: World Bank Publications
ISBN: 9780821350485
Category : Business & Economics
Languages : en
Pages : 200

Book Description
Globalization - the growing integration of economies and societies around the world, is a complex process. The focus of this research is the impact of economic integration on developing countries and especially the poor people living in these countries. Whether economic integration supports poverty reduction and how it can do so more effectively are key questions asked. The research yields 3 main findings with bearings on current policy debates about globalization. Firstly, poor countries with some 3 billion people have broken into the global market for manufactures and services, and this successful integration has generally supported poverty reduction. Secondly, inclusion both across countries and within them is important as a number of countries (pop. 2 billion) are failing as states, trading less and less, and becoming marginal to the world economy. Thirdly, standardization or homogenization is a concern - will economic integration lead to cultural or institutional homogenization?

Reinvigorating Trade and Inclusive Growth

Reinvigorating Trade and Inclusive Growth PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1498310001
Category : Business & Economics
Languages : en
Pages : 43

Book Description
"Trade integration can play a much larger role in boosting shared prosperity. The current focus on trade tensions threatens to obscure the great untapped benefits possible from further trade reform. The opportunities provided by information technology and other fundamental changes in the global economy are yet to be reflected in modern areas of trade policy, such as services and electronic commerce. Greater openness in these areas would promote competition, lift productivity, and raise living standards. In many other areas, such as the rural economy, smaller enterprises, and women’s economic empowerment, trade-related reforms are important particularly to foster more inclusive growth. Harnessing flexible approaches to WTO negotiations may be the key to reinvigorating global trade reform. Despite the benefits at stake—and with important exceptions such as the WTO Trade Facilitation Agreement—trade reform has lagged since the early 2000s. For much of this period, governments focused their efforts in the WTO on a single negotiating approach. Now, as groups of WTO members pursue joint initiatives in several areas, attention is turning to how other negotiating approaches—including some used effectively in the past—can be leveraged so that trade once again plays its full role in driving increased global economic prosperity. Building greater, more durable openness—this paper’s focus—should be part of a broader effort to strengthen and reinvest in the global trading system. The system of global trade rules that has nurtured unprecedented economic growth across multiple generations faces tensions. Though only recently brought to the fore, those tensions are rooted in issues that have been left unresolved for too long. Governments need to promptly address outstanding questions involving, for example, the WTO dispute system and the reach of subsidy disciplines. Cooperative action to secure greater openness—an imperative in its own right—could also help to resolve these"

Making Global Trade Governance Work for Development

Making Global Trade Governance Work for Development PDF Author: Carolyn Deere-Birkbeck
Publisher:
ISBN: 9781139128438
Category : LAW
Languages : en
Pages : 711

Book Description
A compilation of developing country perspectives on improving global trade governance and reforming the WTO to better promote development.

The Development Dimension Strengthening Accountability in Aid for Trade

The Development Dimension Strengthening Accountability in Aid for Trade PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264123210
Category :
Languages : en
Pages : 116

Book Description
This book looks at what the trade and development community needs to know about aid-for-trade results, what past evaluations of programmes and projects reveal about trade outcomes and impacts, and how the trade and development community could improve the performance of aid for trade interventions.