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Unequal Exchange: Developing Countries in the International Trade Negotiations

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  • Julio J. Nogues

    (Universidad Di Tella)

Abstract

The results of the Uruguay Round, show that the concessions given by developing countries were generally more valuable than those they received from industrial countries. I suggest that this outcome is explained by aggressive demands from industrial countries, and by the lack of resources at the disposal of developing countries. These and other “structural factors”, weaken the negotiating capacity of developing countries and the outcome of their bargaining, is likely to be an “unequal exchange of concessions”. The paper discussess the costs of these exchanges, and the structural factors that help to understand the processes leading to these outcomes.

Suggested Citation

  • Julio J. Nogues, 2005. "Unequal Exchange: Developing Countries in the International Trade Negotiations," International Trade 0502011, University Library of Munich, Germany.
  • Handle: RePEc:wpa:wuwpit:0502011
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    References listed on IDEAS

    as
    1. Julio J. Nogues, 2005. "Reciprocity in the FTAA: The Roles of Market Access, Institutions and Negotiating Capacity," International Trade 0502003, University Library of Munich, Germany.
    2. Finger, J. Michael & Schuknecht, Ludger, 1999. "Market access advances and retreats : the Uruguay Round and beyond," Policy Research Working Paper Series 2232, The World Bank.
    3. J. Michael Finger & Philip Schuler, 2000. "Implementation of Urugauy Round Commitments: The Development Challenge," The World Economy, Wiley Blackwell, vol. 23(4), pages 511-525, April.
    4. Gary Clyde Hufbauer & Kimberly Ann Elliott, 1994. "Measuring the Costs of Protection in the United States," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 77, July.
    5. Martin, W. & Winters, L.A., 1995. "The Uruguay Round and the Developing Countries," World Bank - Discussion Papers 307, World Bank.
    6. Julio Nogués, 1985. "Distortions, factor proportions and efficiency losses: Argentina in the latin american scenario," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 121(2), pages 280-303, June.
    7. J. Michael Finger & Julio J. Nogués, 2002. "The Unbalanced Uruguay Round Outcome: The New Areas in Future WTO Negotiations," The World Economy, Wiley Blackwell, vol. 25(3), pages 321-340, March.
    8. Martin Grandes, 2001. "External Solvency, Dollarisation and Investment Grade: Towards a Virtuous Circle?," OECD Development Centre Working Papers 177, OECD Publishing.
    9. Michael Mussa, 2002. "Argentina and the Fund: From Triumph to Tragedy," Peterson Institute Press: Policy Analyses in International Economics, Peterson Institute for International Economics, number pa67, February.
    10. Dam, Kenneth W., 2001. "The Rules of the Global Game," University of Chicago Press Economics Books, University of Chicago Press, number 9780226134932, Febrero.
    11. Julio Nogués & Martín Grandes, 2001. "COUNTRY RISK: Economic Policy, Contagion Effect or Political noise?," Journal of Applied Economics, Universidad del CEMA, vol. 4, pages 125-162, May.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Uruguay Round; Multilateral Negotiations; Developing countries; Unbalanced reciprocity;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade
    • F2 - International Economics - - International Factor Movements and International Business

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