Multilateral Trade Cooperation: What Next?
Robert Schuman Centre for Advanced Studies; Centre for Economic Policy Research (CEPR)
University of Oxford - Balliol College - Department of Economics; Australian National University (ANU); Centre for Economic Policy Research (CEPR)
CEPR Discussion Paper No. DP6458
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.
Number of Pages in PDF File: 37
Keywords: Doha Round, international cooperation, market access, multilateral trading system, WTO
JEL Classification: F13, F15working papers series
Date posted: May 30, 2008
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