Institutional Efficiency and Coherence in the Global Trading System
Institutional Efficiency and Coherence in the Global Trading System
The ability of developing countries to comply with the new requirements of trade liberalization is questioned because developing countries are known to lack trade and trade policy infrastructure. Coherence, in the context of trade liberalization, refers to the external support from both private and government organizations and agencies to advocate “aid for trade” programs, capacity-building endeavors, and other such measures that promote an improved trading system. The three areas in which support is required include: preparing new members of the WTO for accession; effective member representation in legal matters and trade negotiations; and the capability of members to act in accordance with the new governmental regulatory and technical capacity rules. With this, the chapter makes use of comparative advantage in analyzing coherence issues.
Keywords: coherence, developing countries, WTO members, compliance, external support, trading system
Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.
Please, subscribe or login to access full text content.
If you think you should have access to this title, please contact your librarian.
To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .