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After Seattle, world trade system faces uncertain future

Bibliographic Data

ID12316439
AuthorsChakravarthi Raghavan (corresponding author)
Year2000
Volume7
Issue3
Pages495-504
Publication date2000-01-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueReview of International Political Economy (JOURNAL)
Journal identifiersISSN: 0969-2290 • E-ISSN: 1466-4526
PublisherRoutledge (PUBLISHER • GB)
DOI10.1080/09692290050174060
OpenAlexW1986610180
LanguageEN
Citations received8

Three months after the débâcle at Seattle, the 'leadership' of the WTO seems unable to come to grips with the several elements that led to the collapse. But one thing is reasonably certain: international economic negotiations in general, and multilateral trade negotiations in particular, can never be the same again after Seattle. Technically, 'mandated' negotiations in agriculture and services, and 'reviews' under other agreements have been launched, but these will at best mark time. Meanwhile, the members are engaged in so-called 'confidence-building' measures, including questions about internal transparency and decision making, to bridge differences and enable reconvening of the Ministerial Conference. But no one believes this is likely for at least a year, if not more. With the WTO's remit now extending beyond border trade measures in goods to areas and sectors of economic policy within countries' domestic jurisdiction, multilateral trade negotiations, and agreements involving harmonization of laws, regulations and standards within each country, become more and more complex. What may be successful for one country or group of countries may not be so in others. Until this reality is grasped by the rich and the powerful and attempts to frame and enforce one-size-fit-all trade rules and obligations applicable to all countries are given up, the WTO system faces an uncertain future in the longer term

Business · Economics · Economy · Goods and services · Harmonization · International economics · International trade · Jurisdiction · Multilateral trade negotiations · Negotiation · Political science · Transparency (behavior · World trade · Global trade and economics · Law · World Trade Organization Law

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Unique citing works8
Citations per year0.33
Citation span2002 - 2018 (17)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 8

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