The Long and Winding Road – Path Towards Facilitation of Development in the WTO: Reflections on the Doha Round and Beyond
Lee Yong-Shik ()
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Lee Yong-Shik: The Law and Development Institute, Oak Grove Road, Decatur, GA 30033, USA
The Law and Development Review, 2016, vol. 9, issue 2, 437-465
Abstract:
The current multilateral trading system under the auspices of the World Trade Organization (WTO) displays a substantial development gap in the regulatory and institutional frameworks. The Doha Round negotiations, which was initiated to promote development interests under the Doha Development Agenda (DDA), have not been concluded for over 14 years, raising doubts about the ability of the WTO system to promote development interests effectively. While the Doha Round was sluggish for a number of years, regional trade agreements, which currently include every WTO Member, have been proliferated, creating significant implications for developing countries. This article examines the development of the Doha Round, analyzes the causes of its impasse, and explores its future prospects. The article also discusses the development gap in the current trading system and advances reform proposals to fill the gap in the system.
Keywords: World Trade Organization; International Trading System; The Doha Round; Trade and Development; Regional Trade Agreement (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:bpj:lawdev:v:9:y:2016:i:2:p:437-465:n:2
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DOI: 10.1515/ldr-2016-0011
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