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Nepal's Accession to the World Trade Organization: Case Study of Issues Relevant to Least Developed Countries

Author

Listed:
  • Posh Raj Pandey
  • Ratnakar Adhikari
  • Swarnim Wagle

Abstract

Nepal was the first Least Developed Country to negotiate its accession to the World Trade Organization. The negotiation process was demanding, yet it succeeded in securing a relatively well-balanced accession package. The purpose of this paper is to describe the contours of the negotiation process and to share lessons learned. The paper details the onerous process involved in the accession of LDCs to the WTO and describes the context of Nepal’s negotiating positions. Some distinctive aspects of Nepal’s approach to the process of accession are highlighted and compared with the situation of some other LDCs.

Suggested Citation

  • Posh Raj Pandey & Ratnakar Adhikari & Swarnim Wagle, 2014. "Nepal's Accession to the World Trade Organization: Case Study of Issues Relevant to Least Developed Countries," CDP Background Papers 023, United Nations, Department of Economics and Social Affairs.
  • Handle: RePEc:une:cpaper:023
    as

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    File URL: http://www.un.org/en/development/desa/policy/cdp/cdp_background_papers/bp2014_23.pdf
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    References listed on IDEAS

    as
    1. Bhagwati, Jagdish N, 1982. "Directly Unproductive, Profit-seeking (DUP) Activities," Journal of Political Economy, University of Chicago Press, vol. 90(5), pages 988-1002, October.
    2. Roman Mogilevskii, 2004. "Is Accession to the World Trade Organization Worthwhile? : The Experience of Kyrgyzstan," Problems of Economic Transition, Taylor & Francis Journals, vol. 47(2), pages 68-73.
    3. Will Martin & Aaditya Mattoo, 2010. "The Doha Development Agenda: What's on the table?," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 19(1), pages 81-107.
    4. Jones, Kent, 2009. "The political economy of WTO accession: the unfinished business of universal membership," World Trade Review, Cambridge University Press, vol. 8(02), pages 279-314, April.
    5. Khattry, Barsha & Mohan Rao, J., 2002. "Fiscal Faux Pas?: An Analysis of the Revenue Implications of Trade Liberalization," World Development, Elsevier, vol. 30(8), pages 1431-1444, August.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    WTO; accession negotiation; least developed countries (LDCs); economic reform; Nepal;

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations

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