Autore
Accetturo, Antonio

Titolo
Strategic trade policy in the WTO: the admission procedure.
Periodico
Università degli Studi del Piemonte Orientale 'A. Avogadro' : Facoltà di Economia - Dipartimento di Scienze Economiche e Metodi Quantitativi "SEMEQ" - Quaderni
Anno: 2004 - Volume: 04 - Fascicolo: 79 - Pagina iniziale: 1 - Pagina finale: 34

In this political economics model, we suggest an interpretation of a crisis faced by the WTO from 1994 to 2001. A government, applicant to the WTO and influenced both, by aggregate wealth considerations and lobbies' contributions, proposes a trade policy vector to incumbent countries who decide on its admission according to some WTO specific rules (i.e. Principal Supplier, 2/3 majority vote, one country- one vote system etc.). The result is that this system is beneficial to small open rich economies and detrimental to big countries and developing countries. This polarization leads to an increase of disputes among WTO members and a decisional crisis.




Esportazione dati in Refworks (solo per utenti abilitati)