Post Uruguay Round Issues for Asian Developing Countries
Srinivasan, T. N. | June 1996
Abstract
This paper looks at some of the emerging issues since the conclusion of the Uruguay Round (UR) in the world trading system from the perspective of developing countries in Asia. Two important issues are the linking of trade and the environment, and the proposed “social clause” to the WTO charter relating to labor standards. The author suggests that developing countries should resist the linking of market access to performance in nontrade-related areas and, in particular, the inclusion of the social clause. Concern is raised that the commitment to the phaseout of the Multi-Fibre Arrangement (MFA) might be reneged and MFA recreated in effect through antidumping and safeguard measures. Potential problems with the UR agreement on these measures and the dispute settlement mechanism are presented. Institutional reforms in developing countries related to global integration and issues of transparency and corruption are addressed. A brief discussion of the potential danger for the WTO from proliferating preferential regional trading arrangements follows. Finally, the implications of the global trading system of recent us legislation are touched upon. Remarks on the proposal to negotiate a multilateral investment code under the aegis of the WTO conclude the paper.
Citation
Srinivasan, T. N.. 1996. Post Uruguay Round Issues for Asian Developing Countries. © Asian Development Bank. http://hdl.handle.net/11540/5368.Keywords
Asian Development Bank
Development
Trade
Development Goals
Skills Development
Sustainable Development
Trade Flows
Trade And Development
Food Security And Trade
Trade Volume
Trade Potential
Trade Flows
External Trade
Industrial policy
New technology
Innovations
Industry
Export policy
Import policy
Development assistance
ADB
Curriculum development
Development assistance
Development aid
Development indicators
Development potential
Development models
Project appraisal
Performance appraisal
Regional development bank
Trade development
Import volume
Export volume
Capital
Business
Communication in rural development
Social participation
Occupational training
Partnership
Joint venture
System analysis
Labor and globalization
Labor policy
Regional trading blocs
Foreign trade and employment
Developing countries
Industrial priorities
Technological innovation
Technology transfer
Foreign trade regulation
Industrial relations
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