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Too Smart for Their Own Good! Complexity, Capacity and Credence in Trade Negotiations

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Author Info

  • Kerr, William A.

Abstract

Multilateral trade negotiations are, by design, becoming increasingly complex. The current degree of complexity limits the ability to assess the effects of a potential agreement and inhibits the transparency needed to reach an agreement. Despite the considerable recent efforts at capacity building in developing countries, the additional complexity has outstripped the ability to build capacity. This article draws upon New Institutional Economics to examine the effects of complexity on trade negotiations. The conclusion is that the rational decision of many countries may be to opt for no agreement.

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File URL: http://purl.umn.edu/9082
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Bibliographic Info

Article 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): 08 (2007)
Issue (Month): 2 ()
Pages:

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Handle: RePEc:ags:ecjilt:9082

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Related research

Keywords: complexity; credence; experience; negotiations; trade; International Relations/Trade;

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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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  1. Rude, James & Meilke, Karl D., 2006. "Canadian Agriculture and the Doha Development Agenda: The Challenges," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 7(1).
  2. E. Roy Weintraub & Evelyn L. Forget, 2007. "Introduction," History of Political Economy, Duke University Press, vol. 39(5), pages 1-6, Supplemen.
  3. Brink, Lars, 2006. "WTO Constraints on U.S. and EU Domestic Support in Agriculture: The October 2005 Proposals," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 7(1).
  4. Kerr, William A., 2000. "Is It Time to Re-think the WTO? A Return to the Basics," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 1(2).
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