IDEAS home Printed from https://ideas.repec.org/a/ags/ecjilt/343521.html
   My bibliography  Save this article

Great Leaps Forward and GATT Article XVIII

Author

Listed:
  • Kerr, William A.

Abstract

GATT Article XVIII provides developing countries with a mechanism to ask to be released from some WTO obligations when embarking on major attempts at developing their economies. These include increasing tariff protection beyond bound tariff levels, imposing quantitative restrictions, particularly to assist in managing balance of payments difficulties, and the use of subsidies. The ability to avail oneself of Article XVIII provisions is not, however, free as countries must inform the WTO membership of their intent to use the provisions, respond to requests for consultations and possibly negotiate compensation in good faith. Since 1955 when Article XVIII was amended, the use of its provisions has been very limited – many developing countries may perceive the requirements too onerous. More prosperous developing countries, however, are planning major initiatives – Great Leaps – to developed status and have the wherewithal to meet the constraints on using Article XVIII. Subsidies are the likely policy. These countries perceive opportunities in the technological disequilibrium of the current global economy with new industries and technologies awaiting investment.

Suggested Citation

  • Kerr, William A., 2024. "Great Leaps Forward and GATT Article XVIII," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 25(1), June.
    • Handle: RePEc:ags:ecjilt:343521
    DOI: 10.22004/ag.econ.343521
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/343521/files/Kerr25-1lay.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.343521?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Kerr. William A., 2021. "Dispute Settlement - Or Not," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 22(1), June.
    2. Hsiung-Shen Jung & Jui-Lung Chen, 2019. "Causes, Consequences and Impact of the Great Leap Forward in China," Asian Culture and History, Canadian Center of Science and Education, vol. 11(2), pages 1-58, September.
    3. Kerr, William A., 2020. ""Aggressive Unilateralism" - The New Focus of US Trade Policy," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 21(1), June.
    4. Kerr. William Alexander, 2022. "he Rules of Trade in the Face of Long Running Disequilibrium," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 23(1), June.
    5. Kerr. William A., 2019. "Loopholes, Legal Interpretations and Game Playing: Whither the WTO without the Spirit of the GATT?," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 19(2), December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Kerr, William A., 2023. "Becalmed: The World Trade Organization at Not Yet Thirty," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 24(2), December.
    2. Ryan Cardwell & William A. Kerr, 2021. "President Biden's international trade agenda: Implications for the Canadian agrifood sector," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 69(1), pages 19-25, March.
    3. Kerr, William A., 2020. "Are the Benefits of Trade No Longer Sufficient?," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 21(2), December.
    4. Kerr. William Alexander, 2022. "he Rules of Trade in the Face of Long Running Disequilibrium," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 23(1), June.
    5. Kerr, William A., 2023. "Fostering the Green Economy - Any Lessons from the Protectionist Past?," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 24(1), June.
    6. Kerr, William A., 2022. "Uncorked?: The Dynamic Interaction Between the Global Markets for Wine and Corks," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 23(2), December.

    More about this item

    Keywords

    International Relations/Trade;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:ecjilt:343521. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/esteyca.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.