The WTO and the Global Trading System: A Development Perspective

Author:   Martin Khor
Publisher:   Zed Books Ltd
Edition:   2., Erw. Aufl. ed.
ISBN:  

9781842772379


Pages:   1
Publication Date:   30 January 1999
Format:   Paperback
Availability:   Awaiting stock   Availability explained


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The WTO and the Global Trading System: A Development Perspective


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Overview

Martin Khor offers a trenchant and wide-ranging overview of the current world trading system. He puts forward proposals for improving every major aspect of it and the WTO Agreements that enshrine its rules. Demanding that the developed countries live up to their own trade commitments, he outlines the overall principles informing a world trade system that genuinely fosters human development throughout the world. Here is a book whose concrete and detailed proposals can act as a focal point around which both developing countries and NGOs can organise their efforts during the forthcoming new trade round. The aim must be to bring about fundamental changes in the world trade system.

Full Product Details

Author:   Martin Khor
Publisher:   Zed Books Ltd
Imprint:   Zed Books Ltd
Edition:   2., Erw. Aufl. ed.
Dimensions:   Width: 13.50cm , Height: 2.80cm , Length: 21.60cm
Weight:   0.454kg
ISBN:  

9781842772379


ISBN 10:   1842772376
Pages:   1
Publication Date:   30 January 1999
Audience:   General/trade ,  Professional and scholarly ,  College/higher education ,  General ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Out of Print
Availability:   Awaiting stock   Availability explained

Table of Contents

1. Trade, the Trading System and Development Introduction Trade, Liberalisation and Human Development Trade for equitable and human development, Trade liberalisation and development, The pressures for rapid import liberalisation and the need for a more realistic approach, Lack of export demand, market access and supply capacity, The adverse consequences of wrongly planned trade liberalisation and the need for proper planning, Other economic measures Requirements and Objectives of the Trade System 2. History and Evolution of the Trading System Free Trade Theories and Myths The US-UK Agreements, the Havana Conference and the Origins of GATT The Harberler Report and After: Reluctance to Enable Developing Countries to draw Benefits from the Trading System GATT Rounds and the Claims of Fostering Growth The Tokyo Round The Uruguay Round 3. The Current Trading System: Instruments, Opportunities and Problems Coverage and Main Instruments of the WTO/GATT System Positive Elements Expectations from the System Objectives and Techniques of the System Significant Problems in the Agreements and their Operation General, Textiles, Agriculture, Subsidy, Standards, Balance of payments provisions, Services, Intellectual property rights, Dispute settlement process 4. The Impact of the WTO on Developing Countries General Lack of Benefits for Developing Countries The continued protection in sectors of most interest to developing countries, Textiles and clothing, Agriculture, Industrial tariffs, Problems for Developing Countries in Implementing their WTO Obligations General The Agreement on Agriculture ( Surges in food imports and displacement of local farm sectors, Lack of implementation of commitments to LDCs and net food-importing developing countries), The TRIPS Agreement (Effects on consumer access to essential and other products, Adverse effects on industries and technological upgrading in developing countries, IPRs, Biological Materials and Biopiracy, Questionable claims and unkept promises) The TRIMS Agreement The General Agreement on Trade in Services (General, Lack of data: making an assessment of GATS effects difficult, Imbalances in services outcome, with little or no reciprocal benefits to South, Post-Uruguay Round services agreements have worsened the imbalance, Supply constraints and barriers to services exports of developing countries, Limits to the benefits of the GATS architecture and challenges arising from attempts to change it, Development or extension of rules, Public concerns that provision of and access to social services will be adversely affected) Trade, Environment and Sustainable Development Proposals for Expansion of the WTO into New Areas Multilateral investment rules, Trade and competition, General procurement, A New Round of industrial tariff cuts Transparency and Participation in the WTO 5. Proposals for Improving the Global Trading System General Proposals for Improving the Basic Structure Proposals Relating to Specific Issues Tariffs, National treatment (TRIMS), Subsidy, Standards, Balance of payments provisions Proposals for Better Implementation by Developed Countries of Their Commitments Agriculture, Textiles, Tariff peaks and escalation in industrial products, Reduce or eliminate the use of non-tariff protectionist measures Proposal Relating to Implementation Problems Faced by Developing Countries in Specific Sectors Need for general review of developing coungtries' implementation problems, The Agriculture Agreement, Services and GATS, Intellectual property and the TRIPS Agreement, The TRIMS Agreement Proposals to Improved the Dispute Settlement System Proposals on the Treatment of Trade and Environment Issues Proposals regarding New Issues and a New Round Proposals regarding Transparency and Participation in the WTO Proposals regarding Issues Currently Not Covered by the WTO Lack of Supply capacity of most developing countries, Decline in commodity prices and terms of trade of developing countries, The Appropriate Treatment of the Liberalisation Process and Policy Drawing appropriate lessons from positive and negative trade experiences, Need to be cautious of big bang import liberalisation, Need for changes in the approach to conditionality on trade policy Regional Trade Arrangements among Developing Countries 6. Towards a Trading System for Human Development Rethinking the Nature of Liberalisation and Development Reorienting the WTO towards Development as the Main Priority Rethinking the Scope of the WTO's Mandate The Role of Other Organizations Governance of the Trading System Postscript: The Doha Ministerial Conference and After References

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Author Information

Martin Khor is the Director of Third World Network. TWN is one of a number of non-governmental organizations in different parts of the developing world which are concerned with understanding and influencing global policy. In this capacity, he has acted as a strong advocate on behalf of citizens' groups in the Third World on a range of international issues, including sustainable development, biosafety and other environmental questions, and the impact of globalization on the development prospects of the South. He received his original training in economics at the University of Cambridge. He is a board member of the Consumers' Association of Penang (CAP), the South Centre in Geneva, and the International Forum on Globalization. He is also a former Vice Chairman of the UN Commission on Human Rights Expert Group on the Right to Development. He travels widely on speaking and other engagements and is the author of several books and numerous papers, occasional publications and newspaper articles on trade, development and environmental matters.

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