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

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  • Nenci, Silvia

Abstract

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.

Suggested Citation

  • Nenci, Silvia, 2008. "The Rise of the Southern Economies: Implications for the WTO-Multilateral Trading System," WIDER Working Paper Series 010, World Institute for Development Economic Research (UNU-WIDER).
  • Handle: RePEc:unu:wpaper:rp2008-10
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    File URL: http://www.wider.unu.edu/sites/default/files/rp2008-10.pdf
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    References listed on IDEAS

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    1. 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 Publishing.
    2. Arvind Panagariya, 1999. "The Regionalism Debate: An Overview," The World Economy, Wiley Blackwell, vol. 22(4), pages 477-512, June.
    3. 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, August.
    4. 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, April.
    5. Agata Antkiewicz & John Whalley, 2006. "BRICSAM and the non–WTO," The Review of International Organizations, Springer, vol. 1(3), pages 237-261, September.
    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, April.
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    Cited by:

    1. Pierluigi Montalbano & Silvia Nenci, 2011. "Are the Emerging Economies a Threat to the Italian Competitiveness?," QA - Rivista dell'Associazione Rossi-Doria, Associazione Rossi Doria, issue 4, December.
    2. Jing Wang & Dana Medianu & John Whalley, 2011. "The Contribution of China, India and Brazil to Narrowing North-South Differences in GDP/capita, World Trade Shares, and Market Capitalization," NBER Working Papers 17681, National Bureau of Economic Research, Inc.
    3. Pierluigi Montalbano & Silvia Nenci, 2014. "The Trade Competitiveness of Southern Emerging Economies: A Multidimensional Approach Through Cluster Analysis," The World Economy, Wiley Blackwell, vol. 37(6), pages 783-810, June.

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