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Multilateral trade cooperation: what next?

Hoekman, Bernard; Vines, David

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This paper first briefly describes the role of the WTO and its history. It then lays out a simple bargaining model of international negotiations, which can be used for understanding the Doha Round of talks. Using this, we distil what we regard as the major potential explanations for the difficulties in these talks. We then discuss a number of the systemic questions that confront WTO members. We suggest that the WTO should concentrate on market access, rather than on promoting a development...[Show more]

dc.contributor.authorHoekman, Bernard
dc.contributor.authorVines, David
dc.date.accessioned2015-12-08T22:25:10Z
dc.identifier.issn0266-903X
dc.identifier.urihttp://hdl.handle.net/1885/33318
dc.description.abstractThis paper first briefly describes the role of the WTO and its history. It then lays out a simple bargaining model of international negotiations, which can be used for understanding the Doha Round of talks. Using this, we distil what we regard as the major potential explanations for the difficulties in these talks. We then discuss a number of the systemic questions that confront WTO members. We suggest that the WTO should concentrate on market access, rather than on promoting a development agenda or on further expanding its coverage to deal with regulatory issues or with other domestic policies.
dc.publisherOxford University Press
dc.sourceOxford Review of Economic Policy
dc.subjectKeywords: bargaining; economic development; multilateral trade; World Trade Organization Bargaining model; Development agenda; Global regulatory regimes; International negotiations; Market access
dc.titleMultilateral trade cooperation: what next?
dc.typeJournal article
local.description.notesImported from ARIES
local.identifier.citationvolume23
dc.date.issued2007
local.identifier.absfor140210 - International Economics and International Finance
local.identifier.ariespublicationu4002919xPUB101
local.type.statusPublished Version
local.contributor.affiliationHoekman, Bernard, World Bank and CEPR
local.contributor.affiliationVines, David, College of Asia and the Pacific, ANU
local.description.embargo2037-12-31
local.bibliographicCitation.issue3
local.bibliographicCitation.startpage311
local.bibliographicCitation.lastpage334
local.identifier.doi10.1093/oxrep/grm023
dc.date.updated2015-12-08T09:03:30Z
local.identifier.scopusID2-s2.0-35848957069
CollectionsANU Research Publications

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