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Strategies for Developing Countries in the Uruguay Round and Beyond

In: The Uruguay Round and Beyond

Author

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  • John Whalley

    (University of Western Ontario)

Abstract

The previous sections of this report have described how developing countries have taken two significant initiatives in recent years in their trade policy-making — unilateral trade liberalization and greater participation in the GATT Uruguay Round negotiations. While impressive, both of these initiatives are nonetheless still fragile. Participation in the Uruguay Round has, in part, been threat-driven, being stimulated by fears of growing protectionism in developed countries. It has also been driven, in part, in reaction to the move towards conditional MFN in the Tokyo Round. In turn, some of their trade liberalizing actions have, in part, been induced by financial necessity and conditionality from IMF and World Bank programs, and do not necessarily have solid domestic political support.96,97 In some cases, especially in Asia and among the NICs, liberalization has been due to intense US bilateral pressure.

Suggested Citation

  • John Whalley, 1989. "Strategies for Developing Countries in the Uruguay Round and Beyond," Palgrave Macmillan Books, in: John Whalley (ed.), The Uruguay Round and Beyond, chapter 5, pages 45-76, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-20110-5_5
    DOI: 10.1007/978-1-349-20110-5_5
    as

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