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What the Developing Countries Want from the WTO

Author

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  • McCalla, Alex F.
Abstract
There is a very strong consensus among economists that developing countries have the most to gain from movements towards freer trade under the WTO. But the Seattle WTO meeting was suspended in part because of vocal NGOs who charged that free trade and globalization were not in poor countries' interests. This paper makes three points. First, developing countries do have much to gain from general trade liberalization. Trade expansion is positively linked to growth. Second, agricultural trade liberalization offers even greater gains than liberalization in other sectors because of the heavy dominance of agriculture in poor countries' economies. Third, not all developing countries are poor, food-deficit, importing countries. They are a heterogeneous group and many are agricultural exporters. An open-economy development strategy has historically paid off for developing countries and is still the best bet for the future. Therefore, a WTO agreement which provides a fair, open, transparent, and rules-based international trading environment is absolutely critical to reducing poverty in these countries. They need access to markets and protection from predatory practices by large rich countries. The WTO is the best game in town.

Suggested Citation

  • McCalla, Alex F., 2001. "What the Developing Countries Want from the WTO," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 2(1), pages 1-13.
    • Handle: RePEc:ags:ecjilt:23863
    DOI: 10.22004/ag.econ.23863
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    References listed on IDEAS

    as
    1. Joseph E. Stiglitz, 2000. "Two Principles for the Next Round or, How to Bring Developing Countries in from the Cold," The World Economy, Wiley Blackwell, vol. 23(4), pages 437-454, April.
    2. T. N. Srinivasan, 1999. "WTO and the Developing Countries," Journal of Social and Economic Development, Institute for Social and Economic Change, Bangalore, vol. 2(1), pages 6-36, January-J.
    3. T.N. Srinivasan, 1999. "Developing Countries in the World Trading System: From GATT, 1947, to the Third Ministerial Meeting of WTO, 1999," The World Economy, Wiley Blackwell, vol. 22(8), pages 1047-1064, November.
    4. Kym Anderson & Bernard Hoekman & Anna Strutt, 2001. "Agriculture and the WTO: Next Steps," Review of International Economics, Wiley Blackwell, vol. 9(2), pages 192-214, May.
    5. Meilke, Karl D., 2000. "What Went Wrong In Seattle?," CATRN Papers 12887, Canadian Agri-Food Trade Research Network.
    6. Huff, Karen, 2000. "Developing Country Concerns And Multilateral Trade Negotiations," CATRN Papers 12892, Canadian Agri-Food Trade Research Network.
    7. Anne Krueger, 1999. "The Developing Countries and the Next Round of Multilateral Trade Negotiations," The World Economy, Wiley Blackwell, vol. 22(7), pages 909-932, September.
    8. Krueger, Anne O., 1999. "Developing countries and the next round of multilateral trade negotiations," Policy Research Working Paper Series 2118, The World Bank.
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    Cited by:

    1. Ng, Francis & Aksoy, M. Ataman, 2008. "Who are the net food importing countries ?," Policy Research Working Paper Series 4457, The World Bank.
    2. Francis Ng & M. Ataman Aksoy, 2008. "Food price increases and net food importing countries: lessons from the recent past," Agricultural Economics, International Association of Agricultural Economists, vol. 39(s1), pages 443-452, November.
    3. Ng, Francis & Aksoy, M. Ataman, 2008. "Who are the net food importing countries ?," Policy Research Working Paper Series 4457, The World Bank.
    4. Huang, Kaixing, 2024. "The Green Revolution, grain imports, and income divergence in the developing world," European Economic Review, Elsevier, vol. 166(C).
    5. H. Bruce Huff, 2010. "Making Doha More Developmentally Friendly for Agriculture," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 58(1), pages 23-35, March.
    6. Huang, Kaixing, 2020. "Agricultural Productivity and Income Divergence: Evidence from the Green Revolution," MPRA Paper 108357, University Library of Munich, Germany, revised 16 Jun 2021.

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