1st Edition

World Trade after the Uruguay Round Prospects and Policy Options for the Twenty-First Century

Edited By Andras Inotai, Harald Sander Copyright 1996

    The completion of the Uruguay round promised a new era in international trading relations. However, there remains a wide range of issues which could threaten international trading stability, including regionalisation and regionalism, increased non-tariff forms of protection and the proliferation of unilateral and bilateral trade deals. This work assesses both the immediate impact of the GATT deal and the future of the world trading system. It concludes with an assessment of the long-term possibilities for creating a mutually beneficial world economic system.

    INTRODUCTION Part I The world trading system and the Uruguay Round: issues, results and consequences 1 MULTILATERALISM, REGIONALISM AND GLOBALISATION: THE CHALLENGES TO THE WORLD TRADING SYSTEM 2 THE URUGUAY ROUND OF MULTILATERAL TRADE NEGOTIATIONS: A PRELIMINARY ASSESSMENT OF RESULTS United Nations Department of Economic and Social Information and Policy Analysis 3 THE CONSEQUENCES OF THE URUGUAY ROUND FOR THE OECD COUNTRIES 4 THE CONSEQUENCES OF THE URUGUAY ROUND FOR DEVELOPING COUNTRIES 5 THE SURVIVAL OF SPECIAL PREFERENCES UNDER THE LOMÉ CONVENTION: THE ACP COUNTRIES AND THE EUROPEAN UNION AFTER THE URUGUAY ROUND Part II Perspectives and policy options for the world trading system 6 THE FUTURE ROLE OF THE WTO 7 SOCIAL STANDARDS IN INTERNATIONAL TRADE: A NEW PROTECTIONIST WAVE? 8 LINKING TRADE AND ENVIRONMENT TO PROMOTE SUSTAINABLE DEVELOPMENT 9 CENTRAL AND EASTERN EUROPE’S INTEGRATION INTO THE WORLD TRADING SYSTEMS 110 THE FUTURE REPRESENTATION OF THE SOUTH IN THE INTERNATIONAL SYSTEM

    Biography

    Harald Sander is Associate Professor of Economics at Maastricht School of Management and has been affiliated with the Institute for Development and Peace, University of Duisburg and the Institute for Development Theory and Development Policy, University of Bochum. His research and publications cover the international and macroeconomic aspects of global financial and trade developments with special reference to developing countries. András Inotai is General Director of the Institute for World Economics in Budapest, Hungary. He has also worked for the World Bank’s Trade Policy Division. Among his major fields of research are the issues of economic integration of Central and Eastern Europe into the European Union and the world economy, and the reform of the Hungarian economic policy. The Development and Peace Foundation was set up in 1986, on the initiative of Willy Brandt, with the aim of highlighting the links between development and peace and of encouraging appropriate political initiatives. It seeks to foster understanding and equity between peoples and states, to facilitate cooperations and development, and to improve awareness of global interconnections in the developed world and beyond. The Foundation regularly commissions authors to write books about issues which are in keeping with their objectives.