Multilateral Trade Negotiations in the GATT and the WTO: Lessons for Asia
This paper aims to help Asian trade negotiators by examining the processes and results of the Uruguay Round. Analysts argue that trade negotiations are based on mercantilistic rules. But the actual outcome of the Uruguay Round suggests that trade bargaining was not based on strict reciprocity. In terms of tariff reductions, Asian economies received more than they gave, but relative to tariff bindings, Asian economies gave more than they received. Asian economies that undertook trade reforms prior to the trade talks did not lose bargaining power. The paper also presents econometric evidence on the determinants of bargaining power of nations. Copyright (c) 2005 The Earth Institute at Columbia University and Massachusetts Institute of Technology.
Volume (Year): 3 (2004)
Issue (Month): 2 ()
|Contact details of provider:|| Web page: http://mitpress.mit.edu/journals/|
|Order Information:||Web: http://www.mitpressjournals.org/loi/asep|
When requesting a correction, please mention this item's handle: RePEc:tpr:asiaec:v:3:y:2004:i:2:p:79-96. 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: (Kristin Waites)
If references are entirely missing, you can add them using this form.