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Competition policy, developing countries, and the World Trade Organization

  • Hoekman, Bernard
  • Holmes, Peter

The authors discuss developing country interests in including competition law disciplines in the World Trade Organization (WTO). Developing countries have a great interest in pursuing active domestic competition policy, they conclude, but should do so independent of the WTO. Given the mercantilist basis of multilateral trade negotiations, the WTO is less likely to be a powerful instrument for encouraging adoption of welfare-enhancing competition rules than it is to be a forum for abolishing cross-border measures. Developing countries should therefore give priority to using the WTO to improve market access-to further reduce direct barriers to trade in goods and services.

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Paper provided by The World Bank in its series Policy Research Working Paper Series with number 2211.

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Date of creation: 31 Oct 1999
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Handle: RePEc:wbk:wbrwps:2211
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  1. Bernard M. Hoekman & Petros C. Mavroidis, 1994. "Competition, Competition Policy and the GATT," The World Economy, Wiley Blackwell, vol. 17(2), pages 121-150, 03.
  2. Bernard Hoekman, 1997. "Competition Policy and the Global Trading System," The World Economy, Wiley Blackwell, vol. 20(4), pages 383-406, 07.
  3. Simeon Djankov & Bernard Hoekman, 1998. "Conditions of Competition and Multilateral Surveillance," The World Economy, Wiley Blackwell, vol. 21(8), pages 1109-1128, November.
  4. Peter J. Lloyd, 1998. "Multilateral Rules for International Competition Law?," The World Economy, Wiley Blackwell, vol. 21(8), pages 1129-1149, November.
  5. Keith Maskus, 1998. "The international regulation of intellectual property," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 134(2), pages 186-208, June.
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