Too Smart for Their Own Good! Complexity, Capacity and Credence in Trade Negotiations
Multilateral trade negotiations are, by design, becoming increasingly complex. The current degree of complexity limits the ability to assess the effects of a potential agreement and inhibits the transparency needed to reach an agreement. Despite the considerable recent efforts at capacity building in developing countries, the additional complexity has outstripped the ability to build capacity. This article draws upon New Institutional Economics to examine the effects of complexity on trade negotiations. The conclusion is that the rational decision of many countries may be to opt for no agreement.
Volume (Year): 08 (2007)
Issue (Month): 2 ()
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- E. Roy Weintraub & Evelyn L. Forget, 2007. "Introduction," History of Political Economy, Duke University Press, vol. 39(5), pages 1-6, Supplemen.
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- Rude, James & Meilke, Karl D., 2006.
"Canadian Agriculture and the Doha Development Agenda: The Challenges,"
Estey Centre Journal of International Law and Trade Policy,
Estey Centre for Law and Economics in International Trade, vol. 7(1).
- Rude, James & Meilke, Karl D., 2005. "Canadian Agriculture and the Doha Development Agenda: The Challenges," Working Papers 24157, Canadian Agricultural Trade Policy Research Network.
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