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Strengthening the global trade architecture for development

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  • Hoekman, Bernard

Abstract

Despite recurring rounds of trade liberalization, under the auspices of the World Trade Organization (and its predecessor, the General Agreement on Tariffs and Trade, or GATT). Complemented by unilateral reforms, many developing countries have not been able to integrate into the world economy. The author argues that from the perspective of the poorest countries, a multi-pronged strategy is required to strengthen the global trading system. Moreover, much of the agenda must be addressed outside the WTO. Themost important contribution the WTO can make to development, is to improve market access conditions - for goods and services - and ensure that trade rules are useful to developing countries. Enhancing trade capacity requires concerted action outside the WTO ("aid for trade") as well as unilateral actions by both industrial, and developing countries to reduce anti-trade biases.

Suggested Citation

  • Hoekman, Bernard, 2002. "Strengthening the global trade architecture for development," Policy Research Working Paper Series 2757, The World Bank.
  • Handle: RePEc:wbk:wbrwps:2757
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    References listed on IDEAS

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    10. Thomas W. Hertel & Bernard M. Hoekman & Will Martin, 2002. "Developing Countries and a New Round of WTO Negotiations," World Bank Research Observer, World Bank Group, vol. 17(1), pages 113-140.
    11. Bernard M. Hoekman & Petros C. Mavroidis, 2000. "WTO Dispute Settlement, Transparency and Surveillance," The World Economy, Wiley Blackwell, vol. 23(04), pages 527-542, April.
    12. Patrick A. Messerlin & Jamel Zarrouk, 2000. "Trade Facilitation: Technical Regulations and Customs Procedures," The World Economy, Wiley Blackwell, vol. 23(04), pages 577-593, April.
    13. Kym Anderson & Betina Dimaranan & Joe Francois & Tom Hertel & Bernard Hoekman & Will Martin, 2001. "The Cost of Rich (and Poor) Country Protection to Developing Countries," Journal of African Economies, Centre for the Study of African Economies (CSAE), vol. 10(3), pages 227-257.
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    Cited by:

    1. Hoekman, Bernanrd & Ng, Francis & Olarreaga, Marcelo, 2003. "Reducing agrcultural tariffs versus domestic support : what's more important for developing countries?," Policy Research Working Paper Series 2918, The World Bank.
    2. Hoekman, Bernard & Michalopoulos, Constantine & Winters, L. alan, 2003. "More favorable and differential treatment of developing countries : toward a new approach in the World Trade Organization," Policy Research Working Paper Series 3107, The World Bank.
    3. Joseph Francois & Will Martin, 2003. "Formula Approaches for Market Access Negotiations," The World Economy, Wiley Blackwell, vol. 26(1), pages 1-28, January.
    4. Prema‐Chandra Athukorala & Sisira Jayasuriya, 2003. "Food Safety Issues, Trade and WTO Rules: A Developing Country Perspective," The World Economy, Wiley Blackwell, vol. 26(9), pages 1395-1416, September.
    5. Johannes Urpelainen, 2009. "Political-economic problems in trade capacity building," The Review of International Organizations, Springer, vol. 4(4), pages 329-359, December.
    6. T. N. Srinivasan, 2002. "Developing Countries and the Multilateral Trading System after Doha," Working Papers 842, Economic Growth Center, Yale University.
    7. Hoekman, Bernard & Ng, Francis & Olarreaga, Marcelo, 2002. "Reducing Agriculture Tariffs Versus Domestic Support: What's More Important for Developing Countries?," CEPR Discussion Papers 3576, C.E.P.R. Discussion Papers.
    8. Hefeker, Carsten, 2003. "Handels- und Finanzarchitektur im Umbruch: Globale Integration und die institutionelle Arbeitsteilung von IWF, Weltbank und WTO," HWWA Discussion Papers 225, Hamburg Institute of International Economics (HWWA).
    9. Schiff, Maurice, 2002. "Regional integration and development in small states," Policy Research Working Paper Series 2797, The World Bank.
    10. Bernard Hoekman & Marcelo Olarreaga, 2002. "Une proposition pour l'OMC : La « super » clause de nation plus favorisée," Reflets et perspectives de la vie économique, De Boeck Université, vol. 0(2), pages 81-90.
    11. Michał Kruszka, 2004. "Institutional Aspects of the World Trade Organization's Functioning," Ekonomia journal, Faculty of Economic Sciences, University of Warsaw, vol. 12.
    12. Carsten Herrmann-Pillath, 2006. "Reciprocity and the hidden constitution of world trade," Constitutional Political Economy, Springer, vol. 17(3), pages 133-163, September.
    13. Joseph Francois, 2002. "Formulas for Success? Some Options for Market Access Negotiations," International Trade 0210001, University Library of Munich, Germany.
    14. World Bank, 2003. "Global Economic Prospects 2004 : Realizing the Development Promise of the Doha Agenda," World Bank Publications - Books, The World Bank Group, number 14782.

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