Putting Development First: The Importance of Policy Space in the WTO and International Financial InstitutionsKevin P. Gallagher Some of the world's most prominent development thinkers address the following question in this volume: to what extent are the rules and economic forces that govern the global economy shrinking the 'policy space' that developing countries can draw from in order to construct policies to raise the standards of living of their people? They then analyse the possibly considerable room for manoeuvre that developing countries still have at their disposal despite global macro-economic realities, IMF/World Bank policies, and the trade rules regime of the World Trade Organization. Finally, the authors suggest actual policies that could be put in place in order to preserve existing spaces for development and to expand the tools developing countries can deploy. |
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Page 21
... interest rate should remain moderate . But if the interest rate soars , the country will have a problem servicing the debt , the default probability will be high , and , accordingly , the high interest rate is perfectly rational ( see ...
... interest rate should remain moderate . But if the interest rate soars , the country will have a problem servicing the debt , the default probability will be high , and , accordingly , the high interest rate is perfectly rational ( see ...
Page 98
... interests the US government championed . It is not obvious that agreements written to suit Western pharmaceuticals ... interest . They negotiate for better market access ( for their exports ) as an end in itself , not for " development ...
... interests the US government championed . It is not obvious that agreements written to suit Western pharmaceuticals ... interest . They negotiate for better market access ( for their exports ) as an end in itself , not for " development ...
Page 238
... interest of DCs but also a number of elements that can only be regarded as being S & DT in favor of ACs . Textile quotas and agricultural support schemes are obvious examples in this context . Less obvious are the provisions with ...
... interest of DCs but also a number of elements that can only be regarded as being S & DT in favor of ACs . Textile quotas and agricultural support schemes are obvious examples in this context . Less obvious are the provisions with ...
Contents
Development Policies in a World of Globalization | 15 |
The Role of the State in | 33 |
Toward the Optimum Degree of Openness | 69 |
Copyright | |
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Putting Development First: The Importance of Policy Space in the WTO and ... Kevin P. Gallagher No preview available - 2005 |
Common terms and phrases
activities American Amsden Argentina argued Article Asian benefits capabilities capital cent China competition costs developing countries developing world developmental disciplines Doha Doha Declaration Doha Round domestic East Asia economic development economic growth effects electricity sector enterprises environmental European Union export firms foreign investment free trade GATS global important income increase India industrial policy infrastructure innovation institutions integration intellectual property intellectual property rights interventions investment rules investors issues Japan Korea manufacturing ment multilateral NAFTA NDCs negotiations neoliberal patent performance requirements policy space political production promotion protection reform regime restrictions Rodrik role S&DT Singapore Singh South special and differential Stiglitz strategy subsidies sustainable development Taiwan tariff tion Trade in Services TRIPS Agreement UNCTAD United University Uruguay Round Washington Consensus WGTI World Bank World Trade Organization WTO Agreements