Language:
English
Pages:
Online-Ressource (1 online resource (34 p.))
Edition:
Online-Ausg. World Bank E-Library Archive
Parallel Title:
Hoekman, Bernard Competition Policy, Developing Countries, and the World Trade Organization
Keywords:
Access to Markets
;
Barriers
;
Competition
;
Competition Policies
;
Competition Policy
;
Developing Countries
;
Developing Country
;
Domestic Competition
;
Economic Development
;
Economic Theory and Research
;
Education
;
Emerging Markets
;
Export Markets
;
Foreign Competition
;
Free Trade
;
ICT Policy and Strategies
;
Information and Communication Technologies
;
Interest
;
Interests
;
International Cooperation
;
International Economics & Trade
;
Investment
;
Investment Policies
;
Jurisdictions
;
Knowledge for Development
;
Labor Policies
;
Law and Development
;
Macroeconomics and Economic Growth
;
Market Access
;
Markets and Market Access
;
Monopoly
;
Private Sector Development
;
Public Sector Development
;
Social Protections and Labor
;
Trade Law
;
Trade Policy
;
Traditional Market
;
World Trade
;
Access to Markets
;
Barriers
;
Competition
;
Competition Policies
;
Competition Policy
;
Developing Countries
;
Developing Country
;
Domestic Competition
;
Economic Development
;
Economic Theory and Research
;
Education
;
Emerging Markets
;
Export Markets
;
Foreign Competition
;
Free Trade
;
ICT Policy and Strategies
;
Information and Communication Technologies
;
Interest
;
Interests
;
International Cooperation
;
International Economics & Trade
;
Investment
;
Investment Policies
;
Jurisdictions
;
Knowledge for Development
;
Labor Policies
;
Law and Development
;
Macroeconomics and Economic Growth
;
Market Access
;
Markets and Market Access
;
Monopoly
;
Private Sector Development
;
Public Sector Development
;
Social Protections and Labor
;
Trade Law
;
Trade Policy
;
Traditional Market
;
World Trade
Abstract:
October 1999 - Developing countries have a great interest in pursuing active domestic competition policy but should do so independent of the World Trade Organization - which they should use to improve market access through further reduction in direct barriers to trade in goods and services. Hoekman and Holmes discuss developing country interests in including competition law disciplines in the World Trade Organization (WTO). Developing countries have a great interest in pursuing active domestic competition policy, they conclude, but should do so independent of the WTO. Given the mercantilist basis of multilateral trade negotiations, the WTO is less likely to be a powerful instrument for encouraging adoption of welfare-enhancing competition rules than it is to be a forum for abolishing cross-border measures. Developing countries should therefore give priority to using the WTO to improve market access - to further reduce direct barriers to trade in goods and services. This paper - a product of Trade, Development Research Group - is part of a larger effort in the group to analyze issues that may be the subject of WTO negotiations. The authors may be contacted at bhoekmanworldbank.org or p.holmes@sussex.ac.uk
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