World Trade and
Development Report 2003

The completion of the Uruguay Round with the setting up of WTO in 1995 marked an important turning point for the world economy. What started as a process of trade liberalization under GATT has come to embrace broader parameters of policy hitherto subject to decision-making at the national levels. The ministerial conferences of WTO evoke a lot of interest among the policy makers and the civil society given the critical effect of their decisions for development patterns.

The Uruguay Round also signified a new trend in multilateral trade negotiations. In this Round, developing countries undertook far heavier commitments than developed countries. Developed countries not only have emerged as beneficiaries of the Round, they have been resistant to giving any market access that had been promised. In fact, signs of a protectionist backlash are visible. The effects of the asymmetries in the process of trade liberalization are clearly evident in the form of declining shares of world trade, terms of trade, growth and equity in the developing world. These trends do not bode well for the long-term sustainability of the world trading system.

The Doha Ministerial Conference attempted to restore the emphasis on development in the WTO. The progress since the Doha Ministerial, however, has been far from satisfactory. Almost all the deadlines proposed have been missed. On the other hand, pressure is mounting on developing countries to agree to give the negotiating mandate on the Singapore Issues at the Cancun Ministerial.

It is clear that the multilateral trade negotiations have failed to liberalize the trade and industrial policy regimes in the world’s richest and most developed countries that could have enabled equitable sharing of the fruits of globalization.

The World Trade and Development Report 2003 examines the trends and asymmetries in the emerging multilateral trading system from a development perspective. It also outlines an agenda for developing countries for the Cancun Ministerial and beyond to restore the development focus and - more importantly -popular confidence in the multilateral trading system.

The Report argues that the trade liberalization should be seen as a ‘means’ and not the ‘end by itself’. The ‘end’ beyond any doubt should be sustainable development in all parts of the world, with principles of efficiency and equity providing the basis.

Contents

Foreword by Shri K.C. Pant, Deputy Chairman, Planning Commission and Chairman, RIS

Preface

Chapter 1: World Trading System and Developing Countries: Agenda for Cancun and Beyond
Chapter 2: WTO, Rising Protectionism and Development
Chapter 3: Singapore Issues: Investment, Competition Policy, Government Procurement and Trade Facilitation
Chapter 4: Agreement on Agriculture and Developing Countries
Chapter 5:  Market Access for Non-Agriculture Sector
Chapter 6: TRIPs, Public Health, Traditional Knowledge and Geographical Indications
Chapter 7: Environmental Requirements and Market Access for Developing Countries: Implementation Related Concerns
Chapter 8: Issues in Disputes Settlement Understanding: Developing Countries Perspective
Chapter 9: Issues in Special and Differential Treatment

The World Trade and Development Report 2003 has been prepared by an RIS research team led by Dr Nagesh Kumar, Director-General, RIS. The core team comprised Dr Rajesh Mehta, Senior Fellow, RIS, and Dr Sachin Chaturvedi, Dr Ram Upendra Das and S.K. Mohanty, Fellows of RIS.

Key inputs have been provided by Dr. J. George, Senior Consultant and Rajesh Sehgal, Consultant. The Report Team benefited a great deal from perceptive comments and advice of Saikat Sinha-Roy.

The team has benefited from interactions with a number of scholars, experts and negotiators at different stages including Yilmaz Akyuz, T.K. Bhaumik, K.M. Chandrasekhar, Ha-Joon Chang, Carlos Correa, B.L Das, Muchkund Dubey, Enrique Lendo Fuentes, Torbjörn Fredriksson, Murray Gibbs, R. Gopalan, Branislav Gosovich, Ashok Gulati, Anwarul Hoda, Raj Kanoria, Saman Kelegama, Martin Khor, Ivan Mbirimi, S.N. Menon, Rajiva Misra, Amit Mitra, S. Narayanan, Hardeep Puri, Lakshmi Puri, Shishir Priyadarshi, S.L. Rao, Pedro Roffe, Karl Sauvant, Prabir Sengupta, Shashank, S.P. Shukla, Rajiv Sikri, V. S. Seshadri, M. Sornarajah, Ronald Steenblik, J.P Verbiest, and Richard Kojul-Wright. However, the views presented are those of the members of the core team.

Large size Report Format • 144 pages • ISBN 81-7188-330-3 • Price: US$ 20.00 Rs. 395.00 (India)



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