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How Can South Asia and Sub-Saharan Africa Gain From the Next WTO Round?

Kym Anderson and Shunli Yao ()
Additional contact information
Shunli Yao: Chinese Academy of Sciences, Postal: Center for Chinese Agricultural Policy, Chinese Academy of Sciences, Beijing, China

Journal of Economic Integration, 2003, vol. 18, 466-481

Abstract:

If South Asia and Sub-Saharan Africa are to become constructively engaged in the next attempt by World Trade Organization (WTO) members to liberalize trade multilaterally, they need to be convinced that there will be sufficient gains from trade reform to warrant the inevitable costs of negotiation and adjustment. This paper provides new estimates of the likely economic effects on their economies of further liberalizing world trade post-Uruguay Round. The results show that the developing countries of South Asia and Sub-Saharan Africa have much to gain from taking part in the next round. However, those gains will be far greater the more those countries are willing to embrace reform at home so as to enable their firms to take greatest advantage of the opportunities provided by the opening up of markets abroad.

Keywords: Trade policy; WTO; Multilateral negotiations; Developing country gains (search for similar items in EconPapers)
JEL-codes: F13 F15 F17 O19 (search for similar items in EconPapers)
Date: 2003
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Citations: View citations in EconPapers (6)

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