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WTO and the Developing Countries

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  • T. N. Srinivasan

Abstract

The paper reviews the experience of developing countries in the multilateral tradlng system from the conclusion of the General Agreement of Tariffs and Trade (GATT) in 1947 and the establishment of the World Trade organization (WTO) in 1995. It traces the ongins of GATT and the history of eight successlve rounds of multilateral negotiations under its auspiccs for reductions of trade barrierss culminating in the Uruguay Round Agreement (URA) in 1994. It is argued that the hesitant and ambivalent attitude towards GATT and a liberal world trading system on the part of developing countries and their insistence on a special and differential treatment that exempted them from having to reciprocate tariff 'concessions' offered by developed countries hurt them. The paper concludes with a cautionary note that developing countries should remain united if they are to forestall extraneous issues such as the demand for the enforcement of labour and environmental standards through the WTO.

Suggested Citation

  • T. N. Srinivasan, 1999. "WTO and the Developing Countries," Journal of Social and Economic Development, Institute for Social and Economic Change, Bangalore, vol. 2(1), pages 6-36, January-J.
    • Handle: RePEc:sch:journl:v:2:y:1999:i:1:p:6-36
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    Cited by:

    1. Stefan Mai, 2002. "International co-ordination of e-commerce," IWP Discussion Paper Series 03/2002, Institute for Economic Policy, Cologne, Germany.
    2. Oskam, A.J. & Komen, M.H.C. & Wobst, P. & Yalew, A., 2004. "Trade policies and development of less-favoured areas: evidence from the literature," Food Policy, Elsevier, vol. 29(4), pages 445-466, August.
    3. Van Heerden, Auret. & Berhouet, Prieto. & Caspari, Cathrine., 2003. "Rags or riches? Phasing-out the Multi-Fibre Arrangement," ILO Working Papers 993587893402676, International Labour Organization.
    4. Nuno Limão & Marcelo Olarreaga, 2018. "Trade Preferences to Small Developing Countries and the Welfare Costs of Lost Multilateral Liberalization," World Scientific Book Chapters, in: Policy Externalities and International Trade Agreements, chapter 15, pages 403-426, World Scientific Publishing Co. Pte. Ltd..
    5. Kevin x.d. Huang & Engin Volkan & M. ege Yazgan, 2013. "Nonhomothetic Preferences with Habit Formation in Nondurable and Durable Consumption: Implications for Sectoral Comovement," Vanderbilt University Department of Economics Working Papers 13-00002, Vanderbilt University Department of Economics.
    6. Nuno Limão & Kamal Saggi, 2018. "Size inequality, coordination externalities and international trade agreements," World Scientific Book Chapters, in: Policy Externalities and International Trade Agreements, chapter 11, pages 319-336, World Scientific Publishing Co. Pte. Ltd..
    7. Kathleen Macmillan, 2001. "Doing the Right Thing: The WTO and the Developing World," The State of Economics in Canada: Festschrift in Honour of David Slater, in: Patrick Grady & Andrew Sharpe (ed.),The State of Economics in Canada: Festschrift in Honour of David Slater, pages 267-289, Centre for the Study of Living Standards.
    8. Tamasiga, Phemelo & Bondarev, Anton, 2014. "Differential games approach to trade with exhaustible resources," Working papers 2014/14, Faculty of Business and Economics - University of Basel.
    9. Klimenko, Mikhail & Ramey, Garey & Watson, Joel, 2008. "Recurrent trade agreements and the value of external enforcement," Journal of International Economics, Elsevier, vol. 74(2), pages 475-499, March.
    10. Simwaka, Kisu, 2010. "An Empirical Evaluation of Trade Potential in Southern African Development Community," MPRA Paper 15894, University Library of Munich, Germany.
    11. McCalla, Alex F., 2001. "What the Developing Countries Want from the WTO," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 2(1), pages 1-13.
    12. Brigit Joseph & K.J. Joseph, 2005. "Commercial Agriculture in Kerala after the WTO," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 6(1), pages 37-57, March.
    13. repec:ilo:ilowps:358789 is not listed on IDEAS

    More about this item

    JEL classification:

    • N70 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - General, International, or Comparative
    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • F1 - International Economics - - Trade

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