Multilateral Trade Negotiations in the GATT and the WTO: Lessons for Asia

K.C. Fung, Hitomi Iizaka, Chelsea Lin and Francis Ng
Additional contact information
Hitomi Iizaka: Department of Economics University of California, Santa Cruz Santa Cruz, CA 95064 USA and School of Economics and Finance University of Hong Kong Pofulam Road Hong Kong SAR China
Chelsea Lin: Department of Economics National Dong Hwa University Hwalin Taiwan

Asian Economic Papers, 2004, vol. 3, issue 2, 79-96

Abstract: This paper aims to help Asian trade negotiators by examining the processes and results of the Uruguay Round. Analysts argue that trade negotiations are based on mercantilistic rules. But the actual outcome of the Uruguay Round suggests that trade bargaining was not based on strict reciprocity. In terms of tariff reductions, Asian economies received more than they gave, but relative to tariff bindings, Asian economies gave more than they received. Asian economies that undertook trade reforms prior to the trade talks did not lose bargaining power. The paper also presents econometric evidence on the determinants of bargaining power of nations. Copyright (c) 2005 The Earth Institute at Columbia University and Massachusetts Institute of Technology.

Date: 2004
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.mitpressjournals.org/doi/pdfplus/10.1162/1535351044193295 link to full text (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:tpr:asiaec:v:3:y:2004:i:2:p:79-96

Ordering information: This journal article can be ordered from
https://mitpressjour ... rnal/?issn=1535-3516

Access Statistics for this article

Asian Economic Papers is currently edited by Wing Thye Woo, Sungbae An, Fukunari Kimura and Ming Lu

More articles in Asian Economic Papers from MIT Press
Bibliographic data for series maintained by The MIT Press ().