Implementation of Uruguay Round Commitments The Development Challenge
Implementation of Uruguay Round Commitments: The Development Challenge

October 1999 - At the Uruguay Round, developing countries took on obligations not only to reduce trade barriers but also to undertake significant reforms of regulations and trade procedures. The Round did not, however, take into account the cost of implementing these reforms - a full year's dev...

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Bibliographische Detailangaben
1. Verfasser: Finger, Michael J. (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Washington, D.C The World Bank 1999
Schlagworte:
Agricultural Products
Agricultural Sector
Customs
Customs Administration and Reform
Customs Procedures
Customs Valuation
Debt Markets
Differential Treatment
Dispute Settlement
E-Business
Economic Theory and Research
Emerging Markets
Finance and Financial Sector Development
Intellectual Property
Intellectual Property Rights
International Community
International Conventions
International Economics & Trade
International Trade
International Trading System
Law and Development
Macroeconomics and Economic Growth
Market Access
Private Sector Development
Public Sector Development
Quantitative Restrictions
Rules of Origin
Tariff Reductions
Trade
Trade Barriers
Trade Law
Trade Negotiations
Trade Policy
Trade Restrictions
Trade and Regional Integration
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Volltext
Zusammenfassung:October 1999 - At the Uruguay Round, developing countries took on obligations not only to reduce trade barriers but also to undertake significant reforms of regulations and trade procedures. The Round did not, however, take into account the cost of implementing these reforms - a full year's development budget for many of the least developed countries - nor did it ask whether the money might be more productive in other development uses. At the Uruguay Round, developing countries took on unprecedented obligations not only to reduce trade barriers but to implement significant reforms both of trade procedures (including import licensing procedures and customs valuation) and of many areas of regulation that establish the basic business environment in the domestic economy (including intellectual property law and technical, sanitary, and phytosanitary standards. This will cost substantial amounts of money. World Bank project experience in areas covered by the agreements suggests that an entire year's development budget is at stake in many of the least developed countries. Institutions in these areas are weak in developing countries, and would benefit from strengthening and reform. But Finger and Schuler's analysis indicates that the obligations reflect little awareness of development problems and little appreciation for the capacities of the least developed countries to carry out the functions that these reforms of regulations and trade procedures address. The content of these obligations can be characterized as the advanced countries saying to the others, Do it my way! Moreover, these developing countries had limited capacity to participate in the Uruguay Round negotiations, so the process has generated no sense of ownership of the reforms to which membership in the World Trade Organization obligates them.
[Fortsetzung 1. Abstract] From their perspective, the implementation exercise has been imposed imperially, with little concern for what it will cost, how it will be carried out, or whether it will support their development efforts. This paper - a product of Trade, Development Research Group - is part of a larger effort in the group to support effective developing country participation in the WTO system. This research was supported by the global and regional trust fund component of the World Bank/Netherlands Partnership Program. Michael Finger may be contacted at jfinger@worldbank.org
Beschreibung:Weitere Ausgabe: Finger, Michael J: Implementation of Uruguay Round Commitments
Beschreibung:1 Online-Ressource (1 online resource (59 p.))

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