What the Developing Countries Want from the WTO
There is a very strong consensus among economists that developing countries have the most to gain from movements towards freer trade under the WTO. But the Seattle WTO meeting was suspended in part because of vocal NGOs who charged that free trade and globalization were not in poor countriesÂ’ interests. This paper makes three points. First, developing countries do have much to gain from general trade liberalization. Trade expansion is positively linked to growth. Second, agricultural trade liberalization offers even greater gains than liberalization in other sectors because of the heavy dominance of agriculture in poor countriesÂ’ economies. Third, not all developing countries are poor, food-deficit, importing countries. They are a heterogeneous group and many are agricultural exporters. An open-economy development strategy has historically paid off for developing countries and is still the best bet for the future. Therefore, a WTO agreement which provides a fair, open, transparent, and rules-based international trading environment is absolutely critical to reducing poverty in these countries. They need access to markets and protection from predatory practices by large rich countries. The WTO is the best game in town.
Volume (Year): 02 (2001)
Issue (Month): 1 ()
|Contact details of provider:|| Postal: |
Phone: (306) 244-4800
Fax: (306) 244-7839
Web page: http://www.esteycentre.com/
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Anderson, Kym & Hoekman, Bernard & Strutt, Anna, 2001. "Agriculture and the WTO: Next Steps," Review of International Economics, Wiley Blackwell, vol. 9(2), pages 192-214, May.
- T.N. Srinivasan, 1999. "Developing Countries in the World Trading System: From GATT, 1947, to the Third Ministerial Meeting of WTO, 1999," The World Economy, Wiley Blackwell, vol. 22(8), pages 1047-1064, November.
- Huff, Karen, 2000. "Developing Country Concerns And Multilateral Trade Negotiations," CATRN Papers 12892, Canadian Agri-Food Trade Research Network.
- Meilke, Karl D., 2000. "What Went Wrong In Seattle?," CATRN Papers 12887, Canadian Agri-Food Trade Research Network.
When requesting a correction, please mention this item's handle: RePEc:ags:ecjilt:23863. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.