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Development, developing economies and the Doha round of multilateral trade negotiations

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Das, Dilip K. (2006) Development, developing economies and the Doha round of multilateral trade negotiations. Working Paper. Coventry: University of Warwick. Centre for the Study of Globalisation and Regionalisation. Working papers (University of Warwick. Centre for the Study of Globalisation and Regionalisation) (No.207).

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Abstract

The Global community’s commitment to the goals of economic growth and poverty alleviation is an old one. Over the last half century, several United Nations (UN) commissions have committed themselves to promotion of growth and development. The Millennium Development Goals (MDGs) are the newest manifestation of the same worthy and noble objective. Trade expansion has a strong correlation with growth. Although the WTO is not a development institution, its operations have definite development relevance. There are certain facets of its mandate that decisively influence developmental endeavors of countries. The system of ruled-based conduct provided by the WTO reduces uncertainties in the multilateral trade arena, which in turn helps in promoting multilateral trade and domestic investment at lower risk. As the Doha Round is intended to be a development round, development concerns have remained an integral part of the Doha Round. The Group-of-Twenty (G-20) developing economies, which was born in Cancún, played a consequential role in the MTNs. No doubt a successful culmination of the Doha Round can help in poverty alleviation and achieving the first MDG. This article provides a detailed analysis of the growing participation of the developing economies in the evolving multilateral trading system. Their expectation is to integrate with the global economy and in the process accelerate growth. However, so far the task has seemed arduous, progress has been slow and the road appears to be long. That being said, a small sub-group of developing economies has managed to integrate well with the multilateral trade regime as well as the global economy.

Item Type: Working or Discussion Paper (Working Paper)
Subjects: H Social Sciences > HF Commerce
J Political Science > JZ International relations
Divisions: Faculty of Social Sciences > Centre for the Study of Globalisation and Regionalisation
Library of Congress Subject Headings (LCSH): World Trade Organization , Group of Twenty, Doha Development Agenda (2001- ), International trade, International economic relations, Developing countries -- Economic conditions
Series Name: Working papers (University of Warwick. Centre for the Study of Globalisation and Regionalisation)
Publisher: University of Warwick. Centre for the Study of Globalisation and Regionalisation
Place of Publication: Coventry
Official Date: May 2006
Dates:
DateEvent
May 2006Published
Number: No.207
Number of Pages: 46
Status: Not Peer Reviewed
Access rights to Published version: Open Access

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