Forging the trade-development nexus in the WTO and FTAs

Publication Type

Book Chapter

Publication Date

12-2023

Abstract

The chapter sheds light on the evolution of, and criticism against, WTO’s SDT measures. The legalization of pragmatic incrementalism under ASEAN agreements and the RCEP has enabled developing countries to resort to meaningful Grant Bargain that ensures export-based economic growth. In particular, the new development strategy premised on the liberalization of services trade and technology transformation has propelled developing countries to fortify the development goals. Furthermore, the IAI’s multilateralization and the consolidation of development assistance, as well as the institutionalization of ASEAN and RCEP, highlight the strengths of these development-friendly trade agreements. Therefore, these experiences provide valuable lessons for realizing the key objectives of the SDGs and the Doha Development Agenda.

Keywords

World Trade Organization, ASEAN, free trade agreements, multilateralization, grant bargain, Doha Development Agenda

Discipline

Asian Studies | International Trade Law | Regional Economics

Publication

The Elgar Companion to the World Trade Organization

Editor

Julien Chaisse and Cristián Rodríguez-Chiffelle

First Page

325

Last Page

340

ISBN

9781800882867

Identifier

10.4337/9781800882867.00026

Publisher

Edward Elgar

City or Country

Chelterham

Additional URL

https://doi.org/10.4337/9781800882867.00026

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