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WTO Negotiation and Accession Issues for Vulnerable Economies

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  • Rolf J. Langhammer
  • Matthias Lücke

Abstract

The paper discusses the costs and benefits to be expected by least-developed and low-income (‘vulnerable’) economies if they accede to the WTO, the impact of current debates about WTO reform on vulnerable economies, and measures to make it easier for vulnerable economies to accede to and actively participate in the WTO. The main conclusion is that the benefits from WTO membership in terms of improved market access for traditional exports are likely to be limited. However, by submitting a wide range of trade-related policies to international scrutiny and by entering into binding commitments on the conduct of these policies, reform-oriented governments in vulnerable economies can make it more likely that their reforms will be successful.

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File URL: https://www.ifw-members.ifw-kiel.de/publications/wto-negotiations-and-accession-issues-for-vulnerable-economies/kap990.pdf
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Bibliographic Info

Paper provided by Kiel Institute for the World Economy in its series Kiel Working Papers with number 990.

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Length: 27 pages
Date of creation: Jul 2000
Date of revision:
Handle: RePEc:kie:kieliw:990

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  1. Yeats, Alexander J, 1990. "Do African Countries Pay More for Imports? Yes," World Bank Economic Review, World Bank Group, World Bank Group, vol. 4(1), pages 1-20, January.
  2. Wang, Zhen Kun & Winters, L Alan, 1998. "Africa's Role in Multilateral Trade Negotiations: Past and Future," Journal of African Economies, Centre for the Study of African Economies (CSAE), Centre for the Study of African Economies (CSAE), vol. 7(0), pages 1-33, June.
  3. Kym Anderson, 1997. "On the Complexities of China's WTO Accession," The World Economy, Wiley Blackwell, Wiley Blackwell, vol. 20(6), pages 749-772, 09.
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Cited by:
  1. World Bank, 2003. "Nepal : Trade and Competitiveness Study," World Bank Other Operational Studies 14417, The World Bank.

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