The Rise of the Southern Economies: Implications for the WTO-Multilateral Trading System
AbstractThe rise of the emerging southern economies ? China, India, Brazil, and South Africa (CIBS) ? as both economic and political actors, is having significant and far-reaching impact on the world economy. Notwithstanding the increasing amount of study and research, there are still important knowledge-gaps with respect to a range of likely consequences of the dynamism of the Southern Economies. One of these gaps concerns the implications for the WTO-multilateral trading system. The present paper proposes a review of the southern participation in the multilateral integration process and suggests a methodology to assess the impact of CIBS? rise on the future of the WTO system. Through the analysis of the trajectories of ?impact? of the trade channel, the paper draws some suggestive remarks.
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Bibliographic InfoPaper provided by World Institute for Development Economic Research (UNU-WIDER) in its series Working Paper Series with number RP2008/10.
Length: 20 pages
Date of creation: 2008
Date of revision:
international trade; multilateral trading system; World Trade Organization; developing countries; China; Brazil; India; South Africa;
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