what can developing countries expecr from the doha round? by michel petit
TRANSCRIPT
WHAT CAN DEVELOPING COUNTRIES EXPECR FROM
THE DOHA ROUND?
by Michel PETIT
GENERAL RELATIONSHIP BETWEEN TRADE AND
DEVELOPMENT
• Trade Restrictions as Self-Inflicted Wounds
See Krueger et al.
• Sector Policies as Partial Offsets
> Legitimacy of Unilateral Liberalization
« The Washington Consensus »
BUT…COMPLICATIONS AROSE
• MISTAKES WERE MADEe.g. « Filières in Côte d’Ivoire »
• THE WASHINGTON CONSENSUS WAS CRITICIZED
e.g. Stiglitz
• TACTICAL QUESTION: WISDOM OF UNILATERAL DISARMAMENT?
LOOKING MORE CLOSELY AT THE GATT/WTO
PROCESS
• LIBERAL IDEOLOGY/MERCANTILIST BEHAVIOUR
• NATURE OF THE URAA:
- Seen from Japan, France, USA, Australia
- Seen from India, Brazil, Mali
IMPLICATIONS FOR DEVELOPING COUNTRIES IN
THE DOHA ROUND
• TEMPTATION TO FIGHT ALL OECD COUNTRY SUBSIDIES
• HOW TO SUCCEED BEYOND CANCUN: POLITICAL REALITIES IN OECD COUNTRIES