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Developing countries, GATT and the uruguay round
Author(s) -
Greenaway David
Publication year - 1993
Publication title -
journal of international development
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.533
H-Index - 66
eISSN - 1099-1328
pISSN - 0954-1748
DOI - 10.1002/jid.3380050207
Subject(s) - negotiation , international trade , developing country , multilateral trade negotiations , international economics , liberalization , economics , differential treatment , differential (mechanical device) , free trade , business , development economics , political science , economic growth , market economy , law , engineering , aerospace engineering
The Uruguay Round is the most ambitious Round of multilateral trade negotiations ever undertaken under GATT, with over 100 contracting parties negotiating on 15 separate issues. This paper evaluates developing country involvement in GATT and their interests in the Uruguay Round. Historically, developing countries have emphasized special and differential treatment. Within the Uruguay Round, efforts have been directed more at securing liberalization. A successful Round holds out the promise of considerable short‐run and long‐run benefits. These benefits are discussed, as are the potential costs of failure.