 Effects of WTO Accession on Policymaking in Sovereign States: Lessons from Transition CountriesZdenek Drabek and Marc Bacchetta Chapter 4 in Is the World Trade Organization Attractive Enough for Emerging Economies?, 2010, pp 91-138 from Palgrave Macmillan Abstract: Abstract One of the most remarkable successes of the World Trade Organization (WTO) in recent years has been the expansion of its membership and the continued stream of applications by countries to accede to it. Of the 43 countries that have applied to accede the WTO under Article XII since January 1, 1995, approximately one half are countries in the process of transition from a planned to a market economy. Ten of the 14 countries that have already completed their accession process and between nine and 13 countries — depending on whether East Asian countries are included or not — of the 28 countries negotiating their accession are transition countries. Clearly, the WTO represents a powerful attraction for countries in transition (CITs), which treat WTO Membership as a “stamp of approval” of their policies and their admission into the international community — a feat quite important for CITs that have been isolated from world markets for more than 50 years. Keywords: European Union; World Trade Organization; Transition Country; Kyrgyz Republic; Tariff Revenue (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-25082-6_5 Ordering information: This item can be ordered from Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
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