Development Implications of WTO Accession Procedures

Will Martin

Chapter 1 in Is the World Trade Organization Attractive Enough for Emerging Economies?, 2010, pp 13-36 from Palgrave Macmillan

Abstract: Abstract Since the establishment of the World Trade Organization (WTO) in 1995, 21 countries or customs territories have joined the organization and one more, Vietnam, has met the requirements for accession. Of these, all are allowed to classify themselves as developing economies in the WTO, although one — Chinese Taipei — is classified as high income by the World Bank. Relative to the situation prevailing under the General Agreement on Tariffs and Trade (GATT), it seems to be widely believed that most new members have had to make substantial commitments to reform their trade regimes and to reduce the level of their tariffs. This has generated considerable controversy, since some new members have ended up with much more open trade regimes than existing members — a situation widely regarded as unfair.

Keywords: World Trade Organization; Tariff Rate; Uruguay Round; Trade Regime; Accession Process (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-25082-6_2

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DOI: 10.1057/9780230250826_2

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