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The Trade Game: Negotiation Trends at WTO and Concerns of Developing Countries

Bibek Debroy (Editor) Debashis Chakraborty (Editor)
Synopsis Notwithstanding the WTO objective, even eleven years after the inception of the multilateral body, the trade barriers, both in developed and developing countries are quite significant and unilateral liberalization is not easily forthcoming. Although this lack of market access hurt the developing countries much more severely than their developed counterparts, the former groups never systematically bargained at the negotiating table with the latter before the Doha Ministerial (2001). Looking at the negotiating strategies of India and several other WTO members over the years, the nine papers in this volume explore the current negotiating scenario and the concerns for India and other developing countries. While some papers attempts to chalk out the future of global free trade and the determinants of protectionism of major players, the other ones look into the future of India’s sectoral negotiating strategy. The introduction notes that judging by the experience of Cancun (2003) and the recent Hong Kong Ministerial (2005), developing countries are last emerging as quick learners of the rules of the game, but need to sharpen those skills further: “It is quite prudent to understand that hidden from public glare, both the battle and the war will now continue in Geneva, which is less of a free trade bastion than Hong Kong. It is by now a time-honoured fact that the intensity of liberalization undertaken at home makes handling the WTO-induced reforms easier, and the priorities for Indian policy makers are therefore, obvious.”
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About the authors

Bibek Debroy

Bibek Debroy is Director of the Rajiv Gandhi Institute for Contemporary Studies (RGICS), Rajive Gandhi Foundation, New Delhi. He is a professional economist and was educated in Presidency College (Calcutta), Delhi School of Economics and Trinity College (Chambridge). He has worked at Presidency College (Calcutta), Gokhale Institute of Politics and Economics (Pune), Indian Institute of Foreign Trade (Delhi), National Council of Applied Economic Research (Delhi) and as consultant, Department of Economic affairs, Ministry of Finance, Government of India. He was also the Director for a project known as LARGE, set up by the Ministry of Finance and UNDP to Consulting Editor with Financial Express. Bibek Debroy's special interests are international trade in particular the WTOI, law reform and the political economy of liberalization in India. He has been listed in many bibliographies and has been a member of several government committees.

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Debashis Chakraborty

Debashis Chakraborty is Research Associate at the Rajiv Gandhi Institute for Contemporary Studies, New Delhi. He was educated at the University of Calcutta and at the Centre for International Trade and Development, Jawaharlal Nehru University and his areas of interest include International Trade, the interface between Law and Economic and Indian Economic Development. He has presented and published papers at various academic and policy forums in India and abroad.

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Bibliographic information

Title The Trade Game: Negotiation Trends at WTO and Concerns of Developing Countries
Format Hardcover
Date published: 01.01.2006
Edition 1st ed.
Language: English
isbn 8171885381
length 237p., Figures; Tables; Maps; Index; 22cm.