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What Would a Development-Friendly WTO Architecture Really Look Like?

Author

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  • Mr. Arvind Subramanian
  • Aaditya Mattoo

Abstract

This paper elaborates on a number of key principles that need to underpin a coherent and development-friendly architecture for the WTO. The key principles include enlarging the scope of WTO bargaining to include labor flows as well as capital flows; creating a structure that would provide a balance between furthering liberalization and providing some discretion or policy space to accommodate the inevitable political constraints; and minimizing the extent of regulatory harmonization. These principles, while applicable to all countries, may have less immediate relevance in addressing the problems of the least developed countries.

Suggested Citation

  • Mr. Arvind Subramanian & Aaditya Mattoo, 2003. "What Would a Development-Friendly WTO Architecture Really Look Like?," IMF Working Papers 2003/153, International Monetary Fund.
    • Handle: RePEc:imf:imfwpa:2003/153
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    References listed on IDEAS

    as
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    3. Hoeckman, Bernard, 2002. "Economic Development and the World Trade Organization after Doha," Policy Research Working Paper Series 2851, The World Bank.
    4. Keith E. Maskus, 2000. "Intellectual Property Rights in the Global Economy," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 99, April.
    5. Hamilton, Bob & Whalley, John, 1984. "Efficiency and distributional implications of global restrictions on labour mobility : Calculations and policy implications," Journal of Development Economics, Elsevier, vol. 14(1), pages 61-75.
    6. Olarreaga, Marcelo & Ng, Francis, 2002. "Reducing Agriculture Tariffs Versus Domestic Support: What's More Important for Developing Countries?," CEPR Discussion Papers 3576, C.E.P.R. Discussion Papers.
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