Back to category: Business Limited version - please login or register to view the entire paper. WTO The WTO Doha Round of multinational trade negotiations is labelled ¡§development round¡¨ to highlight the fact that progress could be achieved through the enhanced integration of the poor countries into the world economy. Since the trade agenda focuses to a large extent on the level of direct and indirect trade barriers as well as other aspects of trade and competition policy, an important aspect of the relative trade performance of developing countries has been neglected somewhat. This paper will argue that, in addition to trade barriers, other trade costs, such as communications and transport costs, have to be taken into account as well. These other costs can be significantly higher in developing countries, which impedes their successful integration into world markets. 1. Introduction The economic consequences of the increasing globalisation of the world economy, that is, a closer integration of production and markets, have been discussed intensively over the last de... Posted by: Darren McCutchen Limited version - please login or register to view the entire paper. |
|
© 2006 TermPaperAccess.com |