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What Would a Development-Friendly WTO Architecture Really Look Like?

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  • Mr. Arvind Subramanian
  • Aaditya Mattoo

Abstract

This paper elaborates on a number of key principles that need to underpin a coherent and development-friendly architecture for the WTO. The key principles include enlarging the scope of WTO bargaining to include labor flows as well as capital flows; creating a structure that would provide a balance between furthering liberalization and providing some discretion or policy space to accommodate the inevitable political constraints; and minimizing the extent of regulatory harmonization. These principles, while applicable to all countries, may have less immediate relevance in addressing the problems of the least developed countries.

Suggested Citation

  • Mr. Arvind Subramanian & Aaditya Mattoo, 2003. "What Would a Development-Friendly WTO Architecture Really Look Like?," IMF Working Papers 2003/153, International Monetary Fund.
    • Handle: RePEc:imf:imfwpa:2003/153
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    References listed on IDEAS

    as
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