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WTO Negotiation and Accession Issues for Vulnerable Economies

Author

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  • Langhammer, Rolf J.
  • Lucke, Matthias

Abstract

The paper discusses the costs and benefits to be expected by least-developed and low-income (‘vulnerable’) economies if they accede to the WTO, the impact of current debates about WTO reform on vulnerable economies, and measures to make it easier for vulnerable economies to accede to and actively participate in the WTO. The main conclusion is that the benefits from WTO membership in terms of improved market access for traditional exports are likely to be limited. However, by submitting a wide range of trade-related policies to international scrutiny and by entering into binding commitments on the conduct of these policies, reform-oriented governments in vulnerable economies can make it more likely that their reforms will be successful.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Langhammer, Rolf J. & Lucke, Matthias, 2001. "WTO Negotiation and Accession Issues for Vulnerable Economies," WIDER Working Paper Series 036, World Institute for Development Economic Research (UNU-WIDER).
  • Handle: RePEc:unu:wpaper:dp2001-36
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    File URL: http://www.wider.unu.edu/sites/default/files/dp2001-36.pdf
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    References listed on IDEAS

    as
    1. Piritta Sorsa, 1996. "Sub-Saharan African Own Commitments in the Uruguay Round - Myth or Reality?," The World Economy, Wiley Blackwell, vol. 19(3), pages 287-305, May.
    2. Yeats, Alexander J, 1990. "Do African Countries Pay More for Imports? Yes," World Bank Economic Review, World Bank Group, vol. 4(1), pages 1-20, January.
    3. Wang, Zhen Kun & Winters, L Alan, 1998. "Africa's Role in Multilateral Trade Negotiations: Past and Future," Journal of African Economies, Centre for the Study of African Economies (CSAE), vol. 7(0), pages 1-33, June.
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    Citations

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    Cited by:

    1. Eromenko, Igor & Mankovska, Nadiya & Dean, James W, 2003. "Will WTO membership really improve market access for Ukrainian exports?," MPRA Paper 67481, University Library of Munich, Germany.
    2. Eromenko, Igor & Lisenkova, Katerina, 2006. "Impact of joining the WTO on Ukrainian ferrous metallurgy: subsidies vs. antidumping, is there really a trade-off?," MPRA Paper 67477, University Library of Munich, Germany.
    3. Maryanchyk Ivan, 2005. "Ukrainian international trade: How far from the potential?," EERC Working Paper Series 05-14e, EERC Research Network, Russia and CIS.
    4. World Bank, 2003. "Nepal : Trade and Competitiveness Study," World Bank Other Operational Studies 14417, The World Bank.

    More about this item

    Keywords

    WTO accession issues for low-income LDCs;

    JEL classification:

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

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