IDEAS home Printed from https://ideas.repec.org/p/lpe/t20ina/202202.html
   My bibliography  Save this paper

T20 Indonesia 2022 Policy Brief: Exploration Of New Methodologies And Configurations For An Effective Wto And To Strengthen The Multilateral Trading System

Author

Listed:
  • Rajeev Kher

    (Research and Information System for Developing Countries)

  • Arun S. Nair

    (Research and Information System for Developing Countries)

  • Mohamad D. Revindo

    (Institute for Economic and Social Research, Faculty of Economics and Business, Universitas Indonesia (LPEM FEB UI))

  • Dandy Rafitrandi

    (Centre for Strategic and International Studies/CSIS)

  • Yoshua Caesar Justinus

    (Institute for Economic and Social Research, Faculty of Economics and Business, Universitas Indonesia (LPEM FEB UI))

  • Yudhi Dharma Nauly

    (Indonesian Customs and Excise Training Center, Financial Education and Training Agency, Ministry of Finance)

  • Andreas Freytag

    (Schumpeter Center, Friedrich Schiller University Jena; University of Stellenbosch, STIAS, CESifo Research Network)

Abstract

The rules-based Multilateral Trading System (MTS) is in need of reforms. Reasons include the consensus principle leading to stuck negotiations as well as bilaterals and plurilaterals; and the WTO DSM stalemate hindering speedy resolution of trade frictions. To improve the WTO’s effectiveness, we suggest a hierarchical framework for plurilaterals to support developing nations. We also propose a comparative analysis of the major plurilateral bodies to improve the WTO’s consensus-based decision-making process. To strengthen the rules-based MTS, we propose a G20 pledge against discriminatory trade policies along with a mechanism facilitated by G20 and the regional blocs to effect WTO reforms.

Suggested Citation

  • Rajeev Kher & Arun S. Nair & Mohamad D. Revindo & Dandy Rafitrandi & Yoshua Caesar Justinus & Yudhi Dharma Nauly & Andreas Freytag, 2022. "T20 Indonesia 2022 Policy Brief: Exploration Of New Methodologies And Configurations For An Effective Wto And To Strengthen The Multilateral Trading System," T20 Indonesia 2022 Policy Brief 202202, LPEM T20 Indonesia, revised Feb 2022.
    • Handle: RePEc:lpe:t20ina:202202
    as

    Download full text from publisher

    File URL: https://www.t20indonesia.org/wp-content/uploads/2022/09/TF1_Exploration-of-New-Methodologies-and-Configurations-for-an-Effective-WTO-and-to-Strengthen-the-Multilateral-Trading-System-.pdf
    File Function: First version, 2022
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    mts — t20 — multilateral trading system — wto — indonesia — wto dsm;

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:lpe:t20ina:202202. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Bintoro Seto (email available below). General contact details of provider: https://edirc.repec.org/data/feuinid.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.