Putting Development First: The Importance of Policy Space in the WTO and International Financial InstitutionsKevin 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 ...
... 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 ...
Page 132
... interest to developing countries ( WGC 1999e ) . This idea was supported by a number of developing countries , such as Cuba , the Dominican Republic , Honduras , Indonesia , Nicaragua , and Pakistan ( WGC 1999c ) , the African Group ...
... interest to developing countries ( WGC 1999e ) . This idea was supported by a number of developing countries , such as Cuba , the Dominican Republic , Honduras , Indonesia , Nicaragua , and Pakistan ( WGC 1999c ) , the African Group ...
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 crisis 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 infant industry infrastructure innovation institutions integration intellectual property intellectual property rights interventions investment rules investors IPRs issues Japan Korea manufacturing ment multilateral NAFTA NDCs negotiations neoliberal patent performance requirements policy space political production promotion protection reform regime restrictions Rodrik role Singapore social South special and differential Stiglitz strategy subsidies sustainable development Taiwan tariff Trade in Services TRIPS Agreement UNCTAD United Uruguay Round Washington Consensus WGTI World Bank World Trade Organization WTO Agreements