The development round of trade negotiations in the aftermath of Cancún / a report for the Commonwealth Secretariat prepared by Joseph E. Stiglitz and Andrew Charlton with the Initiative for Policy Dialogue.

Format:

Book

Government document

Author/Creator:

Stiglitz, Joseph E.

Contributor:

Charlton, Andrew (Andrew Henry George), 1978-

Initiative for Policy Dialogue.

Commonwealth Secretariat.

Language:

English

Subjects (All):

World Trade Organization.

International trade.

Physical Description:

vi, 119 pages : illustrations ; 24 cm

Other Title:

Agenda for the development round of trade negotiations in the aftermath of Cancún

Place of Publication:

London : Commonwealth Secretariat, 2004.

Summary:

This new Commonwealth report presents the pro-development priorities that it recommends should form the core of the Doha Round agreements and sets out the key steps required for a true development round agenda.

In the aftermath of the failure of Cancun, there is a need to reassess the direction of global trade negotiations. It argues that the Doha Round agenda was set by the special interests of advanced industrial countries to serve their own needs.

The report takes a step back from the disputes and presents an alternative way forward for the Doha Round of trade negotiations, approaching the issues with a fresh eye.

Professor Stiglitz calls for a fundamental reform of the agenda and negotiating process which they see as a requirement if the Doha Round is to deliver on its promise to bring widespread benefits to developing countries.

This report is by Nobel Laureate Joseph Stiglitz, Columbia University and Andrew Charlton, Oxford University.

Contents:

2 The Need for a Development Round 3

2.1 Redressing Past Imbalances 3

2.2 Unfinished Business 4

2.3 New Areas of Importance 5

3 Doha's Development So Far 7

4 Principles of a Development Round 10

4.1 Any Agreement Should Be Assessed in Terms of its Impact on Development 10

4.2 Any Agreement Should Be Fair 13

4.2.1 Fairness between Foreign and Domestic Producers 15

4.2.2 Other Problems in the Interpretation of Fairness 16

4.3 Any Agreement Should Be Fairly Arrived At 18

4.4 The Policy Space Should Be Interpreted Conservatively 19

4.5 Some Implications 20

5 Priorities for a Development Round 21

5.2 Market Access Priorities 23

5.2.1 Labour Mobility and Unskilled Labour-intensive Services 23

5.2.2 Agriculture 24

5.2.3 Liberalisation of Industrial Goods 26

5.2.4 Non-tariff Barriers 27

5.3 Priorities in Non-market Access Issues 30

5.3.1 Restrictions on Tax and Incentive Competition to Attract Investors 30

5.3.2 Anti-corruption Policies 31

5.3.3 Policies Against Civil Strife and Pro-environment Policies 31

5.3.4 Responding to Crises: From Beggar-thy-neighbour to Help-thyneighbour 31

5.3.5 Trade Implementation and Environment Facility 32

5.4 What Should Not Be on the Agenda 32

5.4.1 Investor Agreement 32

5.4.2 Intellectual Property Rights 33

5.4.3 Other Services 34

5.4.4 Other Regulatory Interventions 34

5.4.5 Exchange Rate Manipulation 36

6 Special Issues 37

6.1 Special and Differential Treatment and the Development Box 37

6.2 Intellectual Property Issues 38

6.3 Competition Issues 40

6.4 Regional and Bilateral Trade Agreements and South-South Trade 41

7 Institutional Reforms 43

7.1 Procedures 43

7.2 Structures and Representation 44

8 A Practical Agenda 46

1 Empirical Review of Market Access Proposals 57

2 Regulatory Harmonisation: The Singapore Issues 98.

Notes:

Cover title: An agenda for the development round of trade negotiations in the aftermath of Cancun.

Includes bibliographical references.

ISBN:

085092801X

OCLC:

56912279