Breaking the WTO
Breaking the WTO

Author: Kristen Hopewell

Publisher: Stanford University Press

Published: 2016-08-03

Total Pages: 285

ISBN-13: 1503600025

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The world economic order has been upended by the rise of the BRIC nations and the attendant decline of the United States' international influence. In Breaking the WTO, Kristen Hopewell provides a groundbreaking analysis of how these power shifts have played out in one of the most important theaters of global governance: the World Trade Organization. Hopewell argues that the collapse of the Doha Round negotiations in 2008 signals a crisis in the American-led project of neoliberal globalization. Historically, the U.S. has pressured other countries to open their markets while maintaining its own protectionist policies. Over the course of the Doha negotiations, however, China, India, and Brazil challenged America's hypocrisy. They did so not because they rejected the multilateral trading system, but because they embraced neoliberal rhetoric and sought to lay claim to its benefits. By demanding that all members of the WTO live up to the principles of "free trade," these developing states caused the negotiations to collapse under their own contradictions. Breaking the WTO probes the tensions between the WTO's liberal principles and the underlying reality of power politics, exploring what the Doha conflict tells us about the current and coming balance of power in the global economy.

Figuring Out the Doha Round
Figuring Out the Doha Round

Author: Gary Clyde Hufbauer

Publisher: Peterson Institute

Published: 2010

Total Pages: 220

ISBN-13: 0881325600

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The Doha Round marked its eighth birthday in November 2009, making it the longest running multilateral trade negotiation in the postwar era. Doha participants continue to disagree about prospective liberalization of agriculture and manufactures and have barely begun to consider reductions in barriers to trade in services. Negotiators have missed every deadline to conclude the talks, leading some to question the viability of the entire venture. After nearly nine years of inconclusive meetings, the trade talks are at a tipping point: A global trade deal is still possible with renewed political commitment to trade reform, but continued drift could result in the first outright failure of a multilateral trade round in the postwar era. This policy analysis shows that the Doha Round can still be successfully concluded with a concerted push by the major trading nations. Contrary to the Doha doomsayers, the potential gains from proposals now on the table are significant, albeit not sufficient to close a deal. The authors estimate the trade gains and GDP gains from a prospective Doha deal that "tops up" existing commitments to liberalize agriculture, manufactures, and services. They also suggest what each of the major trading nations needs to do to ensure the successful completion of a Doha package that is both ambitious and balanced between the interests of developed and developing countries.

Agricultural Trade Reform and the Doha Development Agenda
Agricultural Trade Reform and the Doha Development Agenda

Author: Kym Anderson

Publisher: World Bank Publications

Published: 2005-11-16

Total Pages: 442

ISBN-13: 0821362402

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Providing the most complete and up to date analysis of the range of agricultural issues under negotiation in the multilateral trade negotiations underway in the World Trade Organization (WTO), this title is a valuable resource to policymakers, agricultural private sector, and academics in developing and assessing the negotiating options.

The Collapse of Global Trade, Murky Protectionism, and the Crisis
The Collapse of Global Trade, Murky Protectionism, and the Crisis

Author: Richard E. Baldwin

Publisher:

Published: 2011-03

Total Pages: 112

ISBN-13: 9781907142239

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The global financial crisis of 2008/9 is the Great Depression of the 21st century. For many though, the similarities stop at the Wall Street Crash as the current generation of policymakers have acted quickly to avoid the mistakes of the past. Yet the global crisis has made room for mistakes all of its own. While governments have apparently kept to their word on refraining from protectionist measures in the style of 1930s tariffs, there has been a disturbing rise in "murky protectionism." Seemingly benign, these crisis-linked policies are twisted to favour domestic firms, workers and investors. This book, first published as an eBook on VoxEU.org in March 2009, brings together leading trade policy practitioners and experts - including Australian Trade Minister Simon Crean and former Mexican President Ernesto Zedillo. Initially its aim was to advise policymakers heading in to the G20 meeting in London, but since the threat of murky protectionism persists, so too do their warnings.

Clash of Powers
Clash of Powers

Author: Kristen Hopewell

Publisher: Cambridge University Press

Published: 2020-10-22

Total Pages: 263

ISBN-13: 1108834795

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One of the first analyses of the impact of US-China rivalry on the governance of global trade.

The Fragility of the 'Failed State' Paradigm
The Fragility of the 'Failed State' Paradigm

Author: Neyire Akpinarli

Publisher: BRILL

Published: 2010

Total Pages: 284

ISBN-13: 9004178120

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The absence of effective government, one of the most important issues in current international law, became prominent with the failed state concept at the beginning of the 1990s. Public international law, however, lacked sufficient legal means to deal with the phenomenon. Neither attempts at state reconstruction in countries such as Afghanistan and Somalia on the legal basis of Chapter VII of the UN Charter nor economic liberalisation have addressed fundamental social and economic problems. This work investigates the weaknesses of the failed state paradigm as a long-term solution for international peace and security, arguing that the solution to the absence of effective government can be found only in an economic and social approach and a true universalisation of international law.

Developing Countries and the Multilateral Trade Regime
Developing Countries and the Multilateral Trade Regime

Author: Donatella Alessandrini

Publisher: Bloomsbury Publishing

Published: 2010-08-10

Total Pages: 278

ISBN-13: 1847315925

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This book explores the way in which 'development' has functioned within the multilateral trade regime since de-colonisation. In particular, it investigates the shift from early approaches to development under the GATT to current approaches to development under the WTO. It argues that a focus on the creation and transformation of a scientific apparatus that links forms of knowledge about the so-called Third World with forms of power and intervention is crucial for understanding the six decades long development enterprise of both the GATT and the WTO. The book is both topical and necessary given the emphasis on the current round of negotiations of the WTO. The Doha 'Development' Round has been premised on two assumptions. Firstly, that the international community has undertaken an unprecedented effort to address the imbalances of the multilateral trading regime with respect to the position of its developing country members. Secondly, that its successful conclusion represents an historic imperative and a political necessity for developing countries. Through a sustained analysis of the interaction between development thinking and trade practices, the book questions both assumptions by showing how development has always occupied a central position within the multilateral trading regime. Thus, rather than asking the question of what needs to be done in order to achieve 'development', the book examines the way in which development has operated and still operates to produce important, and often unacknowledged, power relations. "Intense controversy surrounds the issue of the relationship between trade and development. This book is novel in examining the emergence of the international trade regime in the context of the history of the concept of development that may be traced back at least to the time of the League of Nations. This is a very welcome and original contribution to the field that should generate new discussions and understanding about the law of international trade." Antony Anghie, University of Utah

Trade, Doha, and Development
Trade, Doha, and Development

Author: Richard S. Newfarmer

Publisher: World Bank Publications

Published: 2006

Total Pages: 396

ISBN-13:

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The role of trade in promoting international development is becoming increasingly important in our globalised world, and the global trading system has the potential to help the world's poor if trading inequities can be remedied. This publication examines the key trade issues relevant to the ongoing multilateral trade negotiations and the evolution of the world trading system as a means to address barriers to growth in developing countries, focusing on the Doha Round. Issues discussed include: potential gains from trade liberalisation for developed and developing countries; reforming trade in agriculture as a key to the success of the Doha Round; markets for manufacturing and services; trade facilitation, TRIPs and the regulatory agenda; the role of regional trade agreements; and issues of aid for trade, in order to help low-income countries develop the infrastructure needed to participate in the global economy and benefit from new market opportunities.

The Development Dimension
The Development Dimension

Author: James Bacchus

Publisher: Routledge

Published: 2021-02-24

Total Pages: 98

ISBN-13: 1000385981

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This book critically analyses the World Trade Organization’s approach to "special and differential treatment" (SDT) to argue that it is founded on seeking exemptions from WTO obligations, instead of creating an enabling environment for developing countries to integrate fully into the multilateral trading system. Through six key sections: United States Proposal on Special and Differential Treatment Responses to United States Proposal The Evolution of Differential Treatment Failure of the Current Approach to Differential Treatment Complications Created by China’s Emergence in the Global Economy An Alternative Approach to Differential Treatment this book explores how, by adopting a new evidence-based, case-by-case approach to SDT, the development of the poorest countries can best be advanced, while at the same time ensuring that advanced developing countries carry their weight in the organization. It will be of interest to scholars and students of international trade law and political science, as well as trade practitioners such as lawyers, diplomats, and analysts.