Paying the Price for Joining the WTO: A Comparative Assessment of Services Sector Commitments by WTO Members and Acceding Countries, Economic Paper 54

Paying the Price for Joining the WTO: A Comparative Assessment of Services Sector Commitments by WTO Members and Acceding Countries, Economic Paper 54

by Roman Grynberg, Victor Ognivtsev, Mohammad A. Razzaque
     
 

This paper focuses on the accession process for new WTO membership. The basic premise is that the commitments demanded are too onerous for new members. It argues that the whole process is fundamentally flawed and, in fact, forces applicant countries to accept demands that are not required under WTO agreements.

Section 2 is a brief discussion of the process of

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Overview

This paper focuses on the accession process for new WTO membership. The basic premise is that the commitments demanded are too onerous for new members. It argues that the whole process is fundamentally flawed and, in fact, forces applicant countries to accept demands that are not required under WTO agreements.

Section 2 is a brief discussion of the process of accession and highlights the inherent flaws.

Section 3 focuses on one of the crucial international trade agreements, the General Agreement in Trade and Services (GATS) and provides sector-specific commitments by countries.

Section 4 uses a series of statistical tests to verify whether acceding countries have made significantly higher number of specific commitments than existing WTO members.

Section 5 makes some concluding observations.
The paper uses a strong body of econometric evidence to support its claim that acceding countries undertake greater commitments than those made by WTO members of a similar development status.

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Product Details

ISBN-13:
9780850927504
Publisher:
Commonwealth Secretariat
Publication date:
09/28/2003
Series:
Economic Paper Series
Pages:
80
Product dimensions:
7.62(w) x 9.94(h) x 0.15(d)

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