The development promise: Can the doha development agenda deliver for least developed countries?
Abstract"The benefits least-developed countries (LDCs) can draw from a multilateral trade reform as designed by the modalities made public in May 2008 are negligible, and some countries will even face adverse effects. World Trade Organization (WTO) negotiators should make a supplementary effort in favor of the poorest countries. The Duty-Free Quota-Free (DFQF) Initiative moves in the right direction, but it should be extended not only from a product point of view—with a 100, not 97, percent application—but also in terms of geographic coverage. This initiative has to be supported by both Organisation for Economic Co-operation and Development (OECD) and BrIC (Brazil, India, and China) countries. It is in the interests of Asian LDCs to prioritize full openness of OECD markets (a 100-percent DFQF regime) and full access to the U.S. market in particular, while African countries will draw more benefits from a geographic extension of this regime to BrIC countries." from Text
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Bibliographic InfoPaper provided by International Food Policy Research Institute (IFPRI) in its series Research briefs with number 14.
Date of creation: 2008
Date of revision:
Trade reform; Doha Development Agenda; Least developed countries; World Trade Organization Developing countries;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-11-04 (All new papers)
- NEP-PKE-2008-11-04 (Post Keynesian Economics)
- NEP-SEA-2008-11-04 (South East Asia)
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