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Multilateral trade cooperation: what next?

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  • Bernard Hoekman
  • David Vines

Abstract

This paper first briefly describes the role of the WTO and its history. It then lays out a simple bargaining model of international negotiations, which can be used for understanding the Doha round of talks. This simple framework is used to distil and discuss a number of potential explanations for the difficulties that have arisen in concluding these talks, as well as a number of systemic questions that confront WTO members. A key question is whether the WTO should concentrate primarily on market access or on further expanding its coverage to deal with regulatory issues or with other domestic policies that may have an impact on trade. Given the difficulties that arise in agreeing on ?behind the border? disciplines, we argue that a continued focus on market access and enforcement of market access commitments is likely to prove most fruitful.
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Suggested Citation

  • Bernard Hoekman & David Vines, 2007. "Multilateral trade cooperation: what next?," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 23(3), pages 311-334, Autumn.
    • Handle: RePEc:oup:oxford:v:23:y:2007:i:3:p:311-334
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    File URL: http://hdl.handle.net/10.1093/oxrep/grm023
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    Cited by:

    1. Hoekman, Bernard & Martin, Will & Mattoo, Aaditya, 2010. "Conclude Doha: it matters!," World Trade Review, Cambridge University Press, vol. 9(3), pages 505-530, July.
    2. Davide Sala & Philipp J. H. Schröder & Erdal Yalcin, 2010. "Market Access Through Bound Tariffs," Scottish Journal of Political Economy, Scottish Economic Society, vol. 57(3), pages 272-289, July.
    3. Gawande, Kishore & Hoekman, Bernard, 2006. "Lobbying and Agricultural Trade Policy in the United States," International Organization, Cambridge University Press, vol. 60(3), pages 527-561, July.
    4. repec:bla:scotjp:v:57:y:2010:i:s1:p:272-289 is not listed on IDEAS
    5. Michael King & Frank Barry & Alan Matthews, 2010. "Policy Coherence for Development: Five Challenges," The Institute for International Integration Studies Discussion Paper Series iiisdp335, IIIS, revised Aug 2010.

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    More about this item

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F15 - International Economics - - Trade - - - Economic Integration

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