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The Political Economy of the World Trading SystemWTO and Beyond$
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Bernard Hoekman and Michel Kostecki

Print publication date: 2001

Print ISBN-13: 9780198294313

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/019829431X.001.0001

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Integrating Developing Countries and Economies in Transition

Integrating Developing Countries and Economies in Transition

(p.385) 12 Integrating Developing Countries and Economies in Transition
The Political Economy of the World Trading System

Bernard M. Hoekman

Michel M. Kostecki (Contributor Webpage)

Oxford University Press

A brief review is presented of the history of developing country involvement in GATT (General Agreement on Tariffs and Trade) and the experience of the first five years of the WTO (World Trade Organization), including efforts to negotiate the accession of China and Russia. The sections of the chapter are as follows: Special and differential treatment; Changing attitudes towards the trading system; Developing country participation in the WTO; Implementation of multilateral agreements; Expanding membership; and Conclusion.

Keywords:   accession, China, developing countries, economies in transition, GATT, General Agreement on Tariffs and Trade, history, membership, multilateral agreements, Russia, trading system, World Trade Organization, WTO

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