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CONCLUSION

Hyun-jung Je

Chapter 7 in Public–Private Relationships in Trade Policy-making, 2018, pp 145-148 from World Scientific Publishing Co. Pte. Ltd.

Abstract: In an ever more globalized and pluralized world, engaging private parties in the process of trade policy-making is not a matter of ‘why’, but an issue of ‘how’. Decision-making in the area of international trade at both the international and national levels has long been entrusted to a club-like group of trade officials and a few developed countries. However, as trade expanded, and its scope pervaded into rules and regulations which had not been deemed trade-related in the past, the capacity of trade officials and the efficiency of the system’s club-like governance was challenged. At the international level, the legitimacy-deficit of the WTO was discussed in terms of its transparency. At the national level, on the other hand, governments in international trade negotiations realized the need to engage interested parties, which are most affected by the results of trade agreements, in the process of trade policy-making…

Keywords: Trade Policy; Trade Negotiations; Public–Private Relationships; Transparency; Consultation; Participation (search for similar items in EconPapers)
JEL-codes: F13 P45 (search for similar items in EconPapers)
Date: 2018
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