A China Round of Multilateral Trade Negotiation- Working Paper 277
AbstractUntil recently, the World Trade Organization (WTO) has been an effective framework for cooperation because it has continually adapted to changing economic realities. The current Doha Agenda is an aberration because it does not reflect one of the biggest shifts in the international economic and trading system: the rise of China. Even though China will have a stake in maintaining trade openness, an initiative that builds on but redefines the Doha Agenda would anchor China more fully in the multilateral trading system. Such an initiative would have two pillars. First, a new negotiating agenda that would include the major issues of interest to China and its trading partners, and thus unleash the powerful reciprocal liberalization mechanism that has driven the WTO process to previous successes. Second, new restraints on bilateralism and regionalism that would help preserve incentives for maintaining the current broad non-discriminatory trading order.
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Bibliographic InfoPaper provided by Center for Global Development in its series Working Papers with number 277.
Length: 39 pages
Date of creation: Dec 2011
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Web page: http://www.cgdev.org
China; trade; multilateralism; WTO; Doha agenda;
Find related papers by JEL classification:
- F1 - International Economics - - Trade
- F2 - International Economics - - International Factor Movements and International Business
- F5 - International Economics - - International Relations, National Security, and International Political Economy
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