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Competition Policy, Developing Countries, and the World Trade Organization

Author: Bernard Hoekman; Peter Holmes
Publisher: Washington, D.C : The World Bank, 1999.
Series: World Bank E-Library Archive
Edition/Format:   Computer file : EnglishView all editions and formats
Database:WorldCat
Summary:
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  Read more...
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Details

Material Type: Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Bernard Hoekman; Peter Holmes
OCLC Number: 874225816
Reproduction Notes: Reproduction. s.l.
Description: 1 online resource (34 p.)
Series Title: World Bank E-Library Archive
Responsibility: Hoekman, Bernard.

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 bhoekman@worldbank.org or p.holmes@sussex.ac.uk.

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