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The Role Of Developing Countries In Global Economic Governance

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  • PETER LLOYD

    (Department of Economics, University of Melbourne, Parkville, Victoria 31010, Australia)

Abstract

The paper reviews critically the arguments concerning greater voice for Developing Countries in global governance. It supports the arguments for greater voice but argues that greater voice brings with it greater responsibilities in terms of the actions and commitments from Developing Countries. The two main illustrations are the multilateral trade negotiations in the WTO and the negotiations concerning climate change in the UN. In both case, it is argued, developing countries must assume greater responsibilities if these negotiations are to be concluded. This can be done in a way which yields net benefits to the Developing Countries themselves.

Suggested Citation

  • Peter Lloyd, 2012. "The Role Of Developing Countries In Global Economic Governance," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 57(02), pages 1-20.
    • Handle: RePEc:wsi:serxxx:v:57:y:2012:i:02:n:s0217590812500087
    DOI: 10.1142/S0217590812500087
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    References listed on IDEAS

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    1. Jotzo, Frank, 2010. "Comparing the Copenhagen emissions targets," Working Papers 249378, Australian National University, Centre for Climate Economics & Policy.
    2. Will Martin & Kym Anderson, 2006. "Agricultural Trade Reform and the Doha Development Agenda," World Bank Publications - Books, The World Bank Group, number 6889, December.
    3. Antoni Estevadeordal & Alan M. Taylor, 2013. "Is the Washington Consensus Dead? Growth, Openness, and the Great Liberalization, 1970s–2000s," The Review of Economics and Statistics, MIT Press, vol. 95(5), pages 1669-1690, December.
    4. Gary Clyde Hufbauer & Jeffrey J. Schott & Woan Foong Wong, 2010. "Figuring Out the Doha Round," Peterson Institute Press: All Books, Peterson Institute for International Economics, number pa91.
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    Cited by:

    1. Lloyd , Peter, 2013. "Multilateralism is in Crisis," Journal of Money and Economy, Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 8(2), pages 67-102, April.
    2. Gary P Sampson, 2018. "Challenges Facing the World Trade Organization: An Overview," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 51(4), pages 453-473, December.

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