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Article: Developing countries and the World Trade Organization: A foreign influence approach

TitleDeveloping countries and the World Trade Organization: A foreign influence approach
Authors
KeywordsDeveloping countries
Foreign influence
Lobby groups
WTO
Issue Date2010
PublisherRoutledge. The Journal's web site is located at http://www.tandf.co.uk/journals/routledge/09638199.html
Citation
Journal Of International Trade And Economic Development, 2010, v. 19 n. 1, p. 187-201 How to Cite?
AbstractThis paper aims at providing an analytical examination of the criticism that the WTO is unfair and hurts the weak, developing countries. We utilize a formal model with the following features: in both the powerful and the weak economies, pressure groups lobby to influence their trade policies in their respective countries. We then allow the powerful country the exclusive ability to spend resources to facilitate the lobbying of one of the pressure groups in the weak country, thereby moving the trade policy of the developing country in favor of the powerful trading partner. Next we compare the effects of asymmetric foreign influence in a world with no WTO and no multilateral principles (most-favored-nation principle, MFN, and the negotiation principle of reciprocity) to a situation with WTO and its associated non-discrimination principles. We show that the weak, developing country will have fewer 'unfair' concessions of market openings and in general will be better off with the WTO and with rules of non-discrimination. © 2010 Taylor & Francis.
Persistent Identifierhttp://hdl.handle.net/10722/132245
ISSN
2015 Impact Factor: 0.356
2015 SCImago Journal Rankings: 0.362
SSRN
ISI Accession Number ID
References

 

DC FieldValueLanguage
dc.contributor.authorFung, KCen_HK
dc.contributor.authorGarciaHerrero, Aen_HK
dc.contributor.authorSiu, Aen_HK
dc.date.accessioned2011-03-21T09:04:27Z-
dc.date.available2011-03-21T09:04:27Z-
dc.date.issued2010en_HK
dc.identifier.citationJournal Of International Trade And Economic Development, 2010, v. 19 n. 1, p. 187-201en_HK
dc.identifier.issn0963-8199en_HK
dc.identifier.urihttp://hdl.handle.net/10722/132245-
dc.description.abstractThis paper aims at providing an analytical examination of the criticism that the WTO is unfair and hurts the weak, developing countries. We utilize a formal model with the following features: in both the powerful and the weak economies, pressure groups lobby to influence their trade policies in their respective countries. We then allow the powerful country the exclusive ability to spend resources to facilitate the lobbying of one of the pressure groups in the weak country, thereby moving the trade policy of the developing country in favor of the powerful trading partner. Next we compare the effects of asymmetric foreign influence in a world with no WTO and no multilateral principles (most-favored-nation principle, MFN, and the negotiation principle of reciprocity) to a situation with WTO and its associated non-discrimination principles. We show that the weak, developing country will have fewer 'unfair' concessions of market openings and in general will be better off with the WTO and with rules of non-discrimination. © 2010 Taylor & Francis.en_HK
dc.languageengen_US
dc.publisherRoutledge. The Journal's web site is located at http://www.tandf.co.uk/journals/routledge/09638199.htmlen_HK
dc.relation.ispartofJournal of International Trade and Economic Developmenten_HK
dc.rightsCreative Commons: Attribution 3.0 Hong Kong License-
dc.subjectDeveloping countriesen_HK
dc.subjectForeign influenceen_HK
dc.subjectLobby groupsen_HK
dc.subjectWTOen_HK
dc.titleDeveloping countries and the World Trade Organization: A foreign influence approachen_HK
dc.typeArticleen_HK
dc.identifier.emailSiu, A: hrnekfs@hkucc.hku.hken_HK
dc.identifier.authoritySiu, A=rp01094en_HK
dc.description.naturepostprint-
dc.identifier.doi10.1080/09638190903327302en_HK
dc.identifier.scopuseid_2-s2.0-77649166388en_HK
dc.identifier.hkuros178333en_US
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-77649166388&selection=ref&src=s&origin=recordpageen_HK
dc.identifier.volume19en_HK
dc.identifier.issue1en_HK
dc.identifier.spage187en_HK
dc.identifier.epage201en_HK
dc.identifier.isiWOS:000274500500009-
dc.publisher.placeUnited Kingdomen_HK
dc.identifier.ssrn1468111-
dc.identifier.scopusauthoridFung, KC=7202935111en_HK
dc.identifier.scopusauthoridGarciaHerrero, A=26647484500en_HK
dc.identifier.scopusauthoridSiu, A=7006727827en_HK

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