By B. Guha-Khasnobis
The "development credibility" of the present alternate regime ordinarily, and the WTO specifically, is at stake. The Doha around goals to opposite the brewing scepticism through supplying a competent engine of trade-led development and improvement. The essays during this quantity determine the major demanding situations during this regard, make an evaluate of the present scenario in agriculture and production marketplace entry and overview substitute coverage innovations that might make the target attainable.
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Extra info for The WTO, Developing Countries and the Doha Development Agenda: Prospects and Challenges for Trade-led Growth
2003) ‘Trade Preferences and the WTO Negotiations on Market Access’, Geneva: UNCTAD, mimeo. Mattoo, A. (2001) ‘Liberalizing Trade in Services’, Washington, DC: World Bank, mimeo. org/trade. Messerlin, P. (2003) ‘Agriculture in the Doha Agenda’, Policy Research Working Paper 3009, Washington, DC: World Bank. Mitchell, D. (2003) ‘Sugar Policies: Opportunity for Change’, Washington, DC: World Bank, mimeo. Prowse, S. (2002) ‘The Role of International and National Agencies in Trade-Related Capacity Building’, World Economy, 25 (9): 1235–61.
As noted by Winters (1999), a useful mnemonic in this connection is WYDIWYG: what you do is what you get. 2 Three sectors matter greatly for developing countries: agriculture, textiles and clothing and services. Agriculture Despite the fact that the inclusion of agricultural policy disciplines in the Uruguay Round has justifiably been hailed as a major achievement, it must be recognized that the primary effect of the Uruguay Round was simply to bring agriculture back into the trading system. The commitments that were made – the ban on quantitative restrictions, the resulting tariffication of border protection in this sector, the minimum market access commitments implemented through TRQs, the agreement to lower export subsidies and reduce the aggregate measure of support (AMS) – did not do much to lower agricultural protection.
What follows discusses preferences; the next section turns to the issue of the scope of WTO rules. A major factor affecting negotiating modalities on market access is that developing countries have been granted preferential access to rich country markets. This raises the question whether market access preferences should be deepened and extended as opposed to an effort that centres on MFN liberalization on a reciprocal basis. It also raises the question of what to do about the erosion of preferences that is unavoidable given further MFN-based liberalization.