How can South Asia and sub-Saharan Africa gain from the next WTO round?
Date
2003-09
Authors
Anderson, Kym
Yao, Shunli
Journal Title
Journal ISSN
Volume Title
Publisher
Sejong University, Sejong Institution, Center for International Economics
Abstract
If South Asia and Sub-Saharan Africa are to become constructively engaged in
the next attempt by World Trade Organization (WTO) members to liberalize trade
multilaterally, they need to be convinced that there will be sufficient gains from
trade reform to warrant the inevitable costs of negotiation and adjustment. This
paper provides new estimates of the likely economic effects on their economies of
further liberalizing world trade post-Uruguay Round. The results show that the
developing countries of South Asia and Sub-Saharan Africa have much to gain
from taking part in the next round. However, those gains will be far greater the
more those countries are willing to embrace reform at home so as to enable their
firms to take greatest advantage of the opportunities provided by the opening up
of markets abroad.
Description
Keywords
trade policy, WTO, multilateral negotiations, developing country gains
Citation
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Source
Journal of Economic Integration
Type
Journal article