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Trade Policymaking in a Land‐locked Developing Country: The WTO Review of Nepal

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  • Kishor Sharma

Abstract

Sandwiched between India in the south, east and west and the People's Republic of China in the north, Nepal is a small landlocked developing country. Its trade policy autonomy is constrained by land‐lockedness and open border with India. Despite opening up the economy, it has not fully benefited from openness, perhaps partly due to poor governance and partly due to transit and customs‐related problems. Although these are crucial issues for trade competitive, The Trade Policy Review of Nepal 2012 (TPRN‐2012) is either very polite or lacks a comprehensive analysis on most of these. Since transit‐related costs faced by landlocked developing countries can be substantial, just evaluating the progress made in liberalising tariffs and nontariff barriers can provide a distorted picture of the overall business climate. The future WTO review reports on these countries should have a separate section on transit‐related issues to contribute to policy debate on the problems of landlocked developing countries. Despite this, the publication of TPRN‐2012 is very timely given the emphasis placed in the current policy debate in the WTO and other international forums on the problems of landlocked developing countries.

Suggested Citation

  • Kishor Sharma, 2015. "Trade Policymaking in a Land‐locked Developing Country: The WTO Review of Nepal," The World Economy, Wiley Blackwell, vol. 38(9), pages 1335-1349, September.
    • Handle: RePEc:bla:worlde:v:38:y:2015:i:9:p:1335-1349
    DOI: 10.1111/twec.12235
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    References listed on IDEAS

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    Cited by:

    1. Hiroyuki Takeshima, 2017. "Overview of the Evolution of Agricultural Mechanization in Nepal: A Focus on Tractors and Combine Harvesters," Working Papers id:11906, eSocialSciences.
    2. Roger Alejandro Banegas Rivero & Marco Alberto Nunez Ramirez & Yesenia Clark Mendivil, 2020. "Landlocked Countries, Institutions and Economic Dynamics," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 10(2), pages 160-188, February.
    3. Defever, Fabrice & Reyes, José-Daniel & Riaño, Alejandro & Varela, Gonzalo, 2020. "All these worlds are yours, except india: The effectiveness of cash subsidies to export in nepal," European Economic Review, Elsevier, vol. 128(C).
    4. Roger Alejandro Banegas Rivero & Marco Alberto Nu ez Ramirez & Jorge Salas Vargas & Luis Fernando Escobar Caba & Sacnict Valdez del R o, 2019. "Landlocked Countries, Natural Resources and Growth: The Double Economic Curse Hypothesis," International Journal of Energy Economics and Policy, Econjournals, vol. 9(5), pages 113-124.
    5. Joshi, Janak & Bohara, Alok K., 2017. "Household preferences for cooking fuels and inter-fuel substitutions: Unlocking the modern fuels in the Nepalese household," Energy Policy, Elsevier, vol. 107(C), pages 507-523.
    6. Adrino Mazenda & Tyanai Masiya & Norman Nhede, 2018. "South Africa-BRIC-SADC Trade Alliances and the South African Economy," International Studies, , vol. 55(1), pages 61-74, January.

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