WTO Membership for China: To Be and Not to Be: Is that the Answer?
In: The State of Economics in Canada: Festschrift in Honour of David Slater
AbstractIn her paper, Sylvia Ostry argues that if China had joined the GATT, the negotiations would have been far easier since market access under GATT was mainly about border barriers. But since the Uruguay Round the concept of market access has been extended to include not only domestic regulatory policies but also both substantive and procedural legal issues. The issue is no longer what governments must not do, but what governments must do. And it extends the Western or American administrative procedures to cover many more areas such as telecommunications, and intellectual property. Over it all is a supranational juridical system housed in the WTO, which is becoming increasingly litigious. It will be extremely difficult to integrate the nontransparent way the Chinese economy functions without “rule of law” into the WTO’s highly legalized system. The Chinese will also make it more difficult to achieve the “consensus” required for the WTO to function. In addition, Chinese accession will not help to break the North-South gridlock that has tied up the WTO. Ostry proposes that China’s entry into the WTO would be smoother if there were a new transition mechanism that allowed varying time deadlines for different parts of liberalization commitments and was subject to review by the WTO’s Trade Policy Review Committee. In her view, the same mechanism could also be applied to Russia.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
This chapter was published in: Patrick Grady & Andrew Sharpe (ed.) The State of Economics in Canada: Festschrift in Honour of David Slater, Centre for the Study of Living Standards, pages 257-266, 2001.
This item is provided by Centre for the Study of Living Standards in its series The State of Economics in Canada: Festschrift in Honour of David Slater with number 11.
Find related papers by JEL classification:
- F02 - International Economics - - General - - - International Economic Order; Noneconomic International Organizations;; Economic Integration and Globalization: General
- F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
- F14 - International Economics - - Trade - - - Empirical Studies of Trade
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.:
- Shang-Jin Wei, 2000. "Local Corruption and Global Capital Flows," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 31(2), pages 303-354.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Whitney Hamilton) The email address of this maintainer does not seem to be valid anymore. Please ask Whitney Hamilton to update the entry or send us the correct address.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.