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The Rise of the Southern Economies: Implications for the WTO-Multilateral Trading System

  • Nenci, Silvia

The rise of the emerging southern economies ? China, India, Brazil, and South Africa (CIBS) ? as both economic and political actors, is having significant and far-reaching impact on the world economy. Notwithstanding the increasing amount of study and research, there are still important knowledge-gaps with respect to a range of likely consequences of the dynamism of the Southern Economies. One of these gaps concerns the implications for the WTO-multilateral trading system. The present paper proposes a review of the southern participation in the multilateral integration process and suggests a methodology to assess the impact of CIBS? rise on the future of the WTO system. Through the analysis of the trajectories of ?impact? of the trade channel, the paper draws some suggestive remarks.

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File URL: http://www.wider.unu.edu/stc/repec/pdfs/rp2008/rp2008-10.pdf
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Paper provided by World Institute for Development Economic Research (UNU-WIDER) in its series Working Paper Series with number RP2008/10.

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Length: 20 pages
Date of creation: 2008
Date of revision:
Handle: RePEc:unu:wpaper:rp2008-10
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  1. Arvind Panagariya, 1999. "The Regionalism Debate: An Overview," The World Economy, Wiley Blackwell, vol. 22(4), pages 477-512, 06.
  2. Agata Antkiewicz & John Whalley, 2005. "BRICSAM and the Non-WTO," CESifo Working Paper Series 1498, CESifo Group Munich.
  3. Richard E. Baldwin, 2011. "Multilateralising Regionalism: Spaghetti Bowls as Building Blocks on the Path to Global Free Trade," Chapters, in: International Handbook on the Economics of Integration, Volume I, chapter 2 Edward Elgar.
  4. Amrita Narlikar, 2006. "Fairness in International Trade Negotiations: Developing Countries in the GATT and WTO," The World Economy, Wiley Blackwell, vol. 29(8), pages 1005-1029, 08.
  5. Richard Baldwin, 2007. "Multilateralising Regionalism: Sphagetti Bowls as building Blocs on the Path to Global Free Trade," Working Papers id:1231, eSocialSciences.
  6. L. Alan Winters & Shahid Yusuf, 2007. "Dancing with the Giants: China, India, and the Global Economy," World Bank Publications, The World Bank, number 6632, October.
  7. J. Michael Finger & Philip Schuler, 2000. "Implementation of Urugauy Round Commitments: The Development Challenge," The World Economy, Wiley Blackwell, vol. 23(04), pages 511-525, 04.
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