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What Would a Development-Friendly WTO Architecture Really Look Like?
Author/Editor: Aaditya Mattoo, Arvind Subramanian
Release Date: © August, 2003
ISBN : 978-1-45185-717-7
Stock #: WPIEA1532003
Stock Status: Available
Languages and formats available
This paper elaborates on a number of key principles that need to underpin a coherent and development-friendly architecture for the WTO. The key principles include enlarging the scope of WTO bargaining to include labor flows as well as capital flows; creating a structure that would provide a balance between furthering liberalization and providing some discretion or policy space to accommodate the inevitable political constraints; and minimizing the extent of regulatory harmonization. These principles, while applicable to all countries, may have less immediate relevance in addressing the problems of the least developed countries.
More publications in this series: Working Papers