Special and Differential Treatment: A Mechanism to Promote Development?
AbstractMuch has been made of "special and differential" treatment in the Doha Development Round of WTO negotiations. In particular, a conscious effort has been made to infer that special and differential treatment will promote development. While special and differential treatment may be a necessary evil given developing countries' higher adjustment costs, dignifying it as a development mechanism plays into the hands of protectionist interests. In particular, by allowing a general increase in the ability of developing countries to isolate their economies, it may reduce the efficacy of important forces that prod institutional reforms in developing countries. As institutional reform is one of the keys to economic development, lionizing special and differential treatment in the WTO is likely to be counterproductive.
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Bibliographic InfoArticle provided by Estey Centre for Law and Economics in International Trade in its journal Estey Centre Journal of International Law and Trade Policy.
Volume (Year): 06 (2005)
Issue (Month): 2 ()
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development; institutional reform; protectionism; special and differential treatment; WTO; International Development;
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- Read, Robert, 2001. "The Anatomy of the EU-US WTO Banana Trade Dispute," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 2(2).
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