Developing Countries in the 21st Century WTO: New Contours of India's Global Engagement
As an institution, the WTO (with 153 members) has functioned very differently from the GATT. The old power centers within the multilateral trade regime have been joined by new power centers, especially the emerging economies. Developing and the least-developed members, acting in coalitions, have become more effective players in the Doha Round with significant success in ensuring that WTO agreements are in their favour. However, they have not had similar success in setting the negotiating agendas that meet their expectations and development concerns.This paper examines the changing contours of the engagement of developing countries, with special reference to India, in the 21st century WTO system of trade governance. It argues that emerging developing countries today need to pick up the leadership mantle with determination and play a constructive role in furthering the cause for sustained trade integration. This will be in the larger interest of protecting their international market access as well as much needed domestic reforms. The paper tries to identify the role and responsibilities of emerging powers like India in the steering and governance of the post-Doha WTO.
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Volume (Year): 2 (2009)
Issue (Month): 1 (January)
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