The effects of trade related aspects of intellectual property rights on developing countries

Michael Yeboah

ISU General Staff Papers from Iowa State University, Department of Economics

Abstract: An important hallmark of the 1994 Uruguay round of trade talks was the inclusion of the protection of the intellectual property rights across international borders by the WTO. This piece of legislation has helped put pressure on countries to reduce piracy in goods such as computer software. Yet it has had unintended adverse effect on developing countries especially the least developed countries. This paper uses price discrimination among countries as a way of solving lack of access to essential patented goods such as pharmaceuticals. One of the goals of World Trade organization (WTO) is to accelerate economic development in developing countries through International Trade. Drawing on this background, this paper explores avenues through which TRIPS would be less detrimental to developing countries.

Date: 2005-01-01
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