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The commonplace tendency is to blame the difficulties of the Doha Round of multilateral trade negotiations on the World Trade Organization (WTO) itself. In contrast, I suggest in the first part of this paper that exogenous structural factors, especially changing commodity prices and trade flows,...
Persistent link: https://www.econbiz.de/10010857542
Plurilateral agreements in the WTO context allow sub-sets of countries to agree to commitments in specific policy areas that only apply to signatories, and thus allow for 'variable geometry' in the WTO. Plurilateral agreements share a number of features with preferential trade agreements (PTAs)...
Persistent link: https://www.econbiz.de/10010857559
The disagreements between the old and new trade powers in the WTO on market access issues that have deadlocked the Doha Round are in part a reflection of the “special and differential treatment” that developing countries have historically pursued in the WTO. A re-thinking of that approach is...
Persistent link: https://www.econbiz.de/10010857563
This paper discusses the challenges that confront the WTO, inspired by the recent appointment of a new Director-General for the organization and various views that have been expressed by knowledgeable observers as to how these challenges should be addressed. The paper focuses in particular on...
Persistent link: https://www.econbiz.de/10010857574
At the 9th Ministerial Conference of the WTO in Bali it was agreed to develop a work program to conclude the long-running Doha round. This report argues that any work program should recognize that goods and services are increasingly produced in international supply chains. Many of the policies...
Persistent link: https://www.econbiz.de/10010857578
Canada-Renewable Energy presented the WTO Panel and Appellate Body (AB) with a novel issue: at the heart of the dispute was a measure adopted by the province of Ontario whereby producers of renewable energy would be paid a premium relative to conventional power producers. Some WTO Members...
Persistent link: https://www.econbiz.de/10010862192
The WTO is regarded as one of the few successes of (proto-) constitutionalism in response to globalization. However, the rapid deepening of economic integration that has occurred in recent decades has meant that the relevant civil society is less obviously well-represented by nation-state...
Persistent link: https://www.econbiz.de/10010814350
The value of world trade has increased 27-fold since 1950, three time more that the growth of global GDP. An increasing share of that trade involves international supply chains and the global fragmentation of production. But many countries do not participate intensively in this process. One...
Persistent link: https://www.econbiz.de/10010721534
Liberalization of trade and investment in services through trade agreements has progressed less than trade in goods. We review the limited progress achieved to date in the WTO and major regional agreements on services and possible explanations why trade agreements have not been more effective at...
Persistent link: https://www.econbiz.de/10010721541
The deadlock in the WTO Doha Round has been accompanied by an increased focus on the negotiation of preferential trade agreements, including so-called ‘mega-regionals’. This paper discusses possible implications for—and possible responses by—excluded countries that have little prospects...
Persistent link: https://www.econbiz.de/10010721544