Unequal Exchange: Developing Countries in the International Trade Negotiations

Julio Nogues

International Trade from EconWPA

Abstract: The results of the Uruguay Round, show that the concessions given by developing countries were generally more valuable than those they received from industrial countries. I suggest that this outcome is explained by aggressive demands from industrial countries, and by the lack of resources at the disposal of developing countries. These and other “structural factors”, weaken the negotiating capacity of developing countries and the outcome of their bargaining, is likely to be an “unequal exchange of concessions”. The paper discussess the costs of these exchanges, and the structural factors that help to understand the processes leading to these outcomes.

Keywords: Uruguay Round; Multilateral Negotiations; Developing countries; Unbalanced reciprocity (search for similar items in EconPapers)
JEL-codes: F1 F2 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-int and nep-sea
Date: 2005-02-09
Note: Type of Document - pdf
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Related works:
Working Paper: Unequal Exchange: Developing Countries in the International Trade Negotiations (2005)
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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwpit:0502011

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