Reforming the World Trading System to Better Integrate Developing Countries

Ever since the conclusion of the Uruguay Round of the General Agreement on Tariffs and Trade (GATT) in 1994, there has been a growing sense that the GATT, and the World Trade Organisation (WTO) that has superseded it, favours the interests of developed countries.  In response to this, a line of research has developed to investigate possible reforms to the world trading system (the set of rules that forms the basis of the GATT/WTO) so that it better represents the interests of developing countries as well.

Bagwell K., Mavroidis, P. and R. Staiger (2007); “Auctioning Countermeasures in the WTO.Journal of International Economics, 73(2), 309-332. [Working paper version]

Bronckers M. and N. Van Den Broek (2005); “Financial Compensation in the WTO: Improving the Remedies of WTO Dispute Settlement.Journal of International Economic Law, 8, 101-126.

Limão N. and K. Saggi (2008); “Tariff Retaliation versus Financial Compensation in the Enforcement of International Trade Agreements.Journal of International Economics 76(1), 48-60. [Working paper version]

Limão N. and K. Saggi (2013); “Size Inequality, Coordination Externalities and International Trade Agreements.” 63: 10-27. [Working paper version]

Schott J. (2009); “America, Europe, and the New Trade Order.Business and Politics, 11(3), 1-22.

Srinivasan T. N. (1999); “Developing Countries in the World Trading System: From GATT, 1947, to the Third Ministerial Meeting of WTO.The World Economy, 22 (8), 1047 – 1064. [Working paper version]

Zissimos B. (2009); “Optimum tariffs and retaliation: How country numbers matter.” Journal of International Economics, 78(2), 276-286. [Working paper version]

Leave a Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

one × 3 =