China and the G-21: A New North-South Divide in the WTO After Cancún?
AbstractThe paper analyses the interests of China as a member of the G-21, which contributed to the failure of the WTO Ministerial Conference in Cancún/Mexico in September 2003. It concludes that the median member of G-21 is more inward-looking and less reform-minded than China. A failure of the Doha Round due to a North-South divide between the US/EU on the one hand and the G-21 on the other hand would cause more harm to the latter than to the former group and would also impact negatively upon China, which has fewer alternatives to a multilateral round than both most of the other G-21 members and the two big players. Thus, China would be well-advised to remain unconstrained in its trade policies and does not become member of any group.
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Bibliographic InfoPaper provided by Kiel Institute for the World Economy in its series Kiel Working Papers with number 1194.
Length: 31 pages
Date of creation: Jan 2004
Date of revision:
Multilateral trade policies; trade liberalisation; world trading order;
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