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DOHA DEVELOPMENT ROUND: REACHING BEYOND TRADE LIBERALIZATION
Author(s) -
Arndt Sven W.
Publication year - 2007
Publication title -
pacific economic review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.34
H-Index - 33
eISSN - 1468-0106
pISSN - 1361-374X
DOI - 10.1111/j.1468-0106.2007.00361.x
Subject(s) - negotiation , economics , liberalization , international trade , free trade , production (economics) , international economics , economic integration , trade barrier , market economy , macroeconomics , political science , law
. While the WTO process of multilateral trade liberalization encounters increasing resistance, in part because the most difficult issues have finally risen to the top of the agenda, market‐based forces are contributing to international economic integration. One of the most potent is cross‐border production networks. This paper explores the implications of such networks for trade policies and development strategies. It argues that participation in production networks requires trade policy adjustments and domestic reforms that can and should be undertaken unilaterally and that such changes will improve the climate for WTO negotiations.