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The Rise of the Southern Economies: Implications for the WTO-Multilateral Trading System

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  • Nenci, Silvia

Abstract

The 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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File URL: http://www.wider.unu.edu/stc/repec/pdfs/rp2008/rp2008-10.pdf
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Bibliographic Info

Paper provided by World Institute for Development Economic Research (UNU-WIDER) in its series Working Paper Series with number RP2008/10.

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Length: 20 pages
Date of creation: 2008
Date of revision:
Handle: RePEc:unu:wpaper:rp2008-10

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Keywords: international trade; multilateral trading system; World Trade Organization; developing countries; China; Brazil; India; South Africa;

References

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  1. Richard Baldwin, 2006. "Multilateralising Regionalism: Spaghetti Bowls as Building Blocs on the Path to Global Free Trade," NBER Working Papers 12545, National Bureau of Economic Research, Inc.
  2. Amrita Narlikar, 2006. "Fairness in International Trade Negotiations: Developing Countries in the GATT and WTO," The World Economy, Wiley Blackwell, vol. 29(8), pages 1005-1029, 08.
  3. Agata Antkiewicz & John Whalley, 2006. "BRICSAM and the non–WTO," The Review of International Organizations, Springer, vol. 1(3), pages 237-261, September.
  4. L. Alan Winters & Shahid Yusuf, 2007. "Dancing with the Giants: China, India, and the Global Economy," World Bank Publications, The World Bank, number 6632, July.
  5. Arvind Panagariya, 1999. "The Regionalism Debate: An Overview," The World Economy, Wiley Blackwell, vol. 22(4), pages 477-512, 06.
  6. J. Michael Finger & Philip Schuler, 2000. "Implementation of Urugauy Round Commitments: The Development Challenge," The World Economy, Wiley Blackwell, vol. 23(04), pages 511-525, 04.
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Cited by:
  1. Silvia Nenci & Pierluigi Montalbano, 2011. "Trade patterns and trade clusters: China, India, Brazil and South Africa in the global trading," Departmental Working Papers of Economics - University 'Roma Tre' 0125, Department of Economics - University Roma Tre.
  2. Jing Wang & Dana Medianu & John Whalley, 2011. "The Contribution of China, India and Brazil to Narrowing North-South Differences in GDP/capita, World Trade Shares, and Market Capitalization," NBER Working Papers 17681, National Bureau of Economic Research, Inc.
  3. Pierluigi Montalbano & Silvia Nenci, 2011. "Are the Emerging Economies a Threat to the Italian Competitiveness?," QA - Rivista dell'Associazione Rossi-Doria, Associazione Rossi Doria, issue 4, December.

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