The WTO and the Poorest Countries : The Stark Reality

Author/Editor:

Aaditya Mattoo ; Arvind Subramanian

Publication Date:

May 1, 2004

Electronic Access:

Free Full Text (PDF file size is 366 KB).Use the free Adobe Acrobat Reader to view this PDF file

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

Small and poor countries pose a challenge for the World Trade Organization (WTO). These countries have acquired a significant say in WTO decision-making. However, they have limited ability to engage in the reciprocity game that is at the heart of the WTO, and have limited interests in the broader liberalization agenda because of their preferential access to industrial country markets. Accommodating the interests of the small and poor countries is desirable in itself, but would also facilitate expeditious progress in the Doha Round. The stark reality facing the system is that the desirable ways of addressing their concerns- providing them additional financial assistance and nonpreferential market access-is proving infeasible. As a result, the system is gravitating toward the less desirable option of relieving these countries of obligations, including those that might be welfare-enhancing for them.

Series:

Working Paper No. 04/81

Subject:

English

Publication Date:

May 1, 2004

ISBN/ISSN:

9781451850390/1018-5941

Stock No:

WPIEA0812004

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

25

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