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India and the Multilateral Trading System after Seattle : Toward a Proactive Role

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dc.contributor.authorMattoo, Aaditya
dc.contributor.authorSubramanian, Arvind
dc.date.accessioned2015-02-13T18:35:59Z
dc.date.available2015-02-13T18:35:59Z
dc.date.issued2000-06
dc.description.abstractThe authors argue that India should engage more actively in the multilateral trading system for four reasons: First, such engagement could facilitate domestic reform, and improve access to export markets. If the government could show that domestic reform would pay off with increased access to markets abroad, those who gain from such access - whether they export textiles, software, professional services, or other products - could represent a countervailing voice to reform's opponents. In turn, the need for this external payoff to secure domestic reform makes India a credible bargainer, which could induce trading partners, to open their markets to India. Second, external commitments can foster good domestic policies, by providing guarantees against the reversal of current policies, or lending credibility to promises of future reform. Such pre-commitments could help strike a balance between the reluctance to unleash competition immediately, and the desire not to be held perpetual hostage to vested interests, or weak domestic industries. Third, engagement can help enforce India's market access rights. If other countries do not eliminate quotas on textiles, and clothing as scheduled, India can credibly threaten to withdraw its obligations under the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPs). Fourth, multilateral tariff reduction could reduce the disadvantage (to India) of not being part of regional agreements. The value of multilateral engagement might be limited, if the prospects for securing increased market access are dim, as the failed Seattle negotiations might appear to suggest. India must credibly test negotiating pessimism by showing its willingness to open its markets in return for improved access to foreign markets. Success is not certain, but India's chances are improved if aligns itself with countries pressing for sound policies of open trade.en
dc.identifier.doi10.1596/1813-9450-2379
dc.identifier.urihttps://hdl.handle.net/10986/21442
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 2379
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectmultilateral trade negotiations
dc.subjectreform policy
dc.subjectexport markets
dc.subjectdomestic regulatory framework
dc.subjectexports
dc.subjectopposition to participation
dc.subjectexternal trade
dc.subjectcredibility
dc.subjectlending instruments
dc.subjectcompetitiveness
dc.subjectmarket access
dc.subjectquota ratio
dc.subjecttariff reductions
dc.subjectregional cooperation
dc.subjecttrade liberalization
dc.subjectadverse impacts
dc.subjectagricultural exporters
dc.subjectagricultural markets
dc.subjectagricultural products
dc.subjectagricultural trade
dc.subjectagriculture
dc.subjectanti-competitive practices
dc.subjectantidumping
dc.subjectantidumping actions
dc.subjectantidumping cases
dc.subjectapplied tariff
dc.subjectaverage tariff
dc.subjectaverage tariff rates
dc.subjectbalance of payments
dc.subjectbargaining power
dc.subjectbarriers to entry
dc.subjectbound tariff
dc.subjectcomparative advantage
dc.subjectcompetition law
dc.subjectcompetition policies
dc.subjectcompetition policy
dc.subjectcompetitive markets
dc.subjectcompetitive practices
dc.subjectconcessions
dc.subjectconsumer protection
dc.subjectcountry markets
dc.subjectcurrent environment
dc.subjectcustoms
dc.subjectdeveloped countries
dc.subjectdispute settlement
dc.subjectdispute settlement process
dc.subjectdomestic economy
dc.subjectdomestic firms
dc.subjectdomestic industry
dc.subjectdomestic investors
dc.subjectdomestic legislation
dc.subjectdomestic policy reform
dc.subjectdomestic reforms
dc.subjectdomestic regulation
dc.subjectdomestic regulations
dc.subjectdomestic suppliers
dc.subjectdynamic benefits
dc.subjecteconomic efficiency
dc.subjecteconomic policies
dc.subjecteconomic research
dc.subjecteconomic value
dc.subjecteliminating barriers
dc.subjectenvironmental standards
dc.subjectexport markets
dc.subjectexport subsidies
dc.subjectexporters
dc.subjectexports
dc.subjectfinancial services
dc.subjectforeign banks
dc.subjectforeign markets
dc.subjectglobal liberalization
dc.subjectguarantee of access
dc.subjecthigh tariffs
dc.subjectimports
dc.subjectincome
dc.subjectindustrial products
dc.subjectintellectual property
dc.subjectintellectual property rights
dc.subjectinterest groups
dc.subjectinternational negotiating
dc.subjectinventions
dc.subjectinvestment policy
dc.subjectlabor mobility
dc.subjectlabor standards
dc.subjectlegal systems
dc.subjectlegislation
dc.subjectliberal policies
dc.subjectlocal content
dc.subjectmarket access
dc.subjectmarket failures
dc.subjectmarket power
dc.subjectMFN tariffs
dc.subjectmultilateral arena
dc.subjectmultilateral system
dc.subjectmultilateral tariff reduction
dc.subjectmultilateral tariffs
dc.subjectmultilateral trade
dc.subjectmultilateralism
dc.subjectmutual recognition
dc.subjectmutual recognition agreements
dc.subjectnational sovereignty
dc.subjectnegotiating agenda
dc.subjectnegotiating position
dc.subjectopen trade
dc.subjectopenness
dc.subjectpartner countries
dc.subjectpartner country
dc.subjectpolicy environment
dc.subjectpolicy instruments
dc.subjectpolicy makers
dc.subjectpolicy reform
dc.subjectpolitical economy
dc.subjectpreferential access
dc.subjectpreferential arrangements
dc.subjectpreferential trading
dc.subjectpreferential trading arrangements
dc.subjectprograms
dc.subjectproperty rights
dc.subjectprotectionism
dc.subjectpublic policy
dc.subjectquantitative restrictions
dc.subjectquotas
dc.subjectreducing barriers
dc.subjectregional agreements
dc.subjectregionalism
dc.subjectregulatory barriers
dc.subjecttariff lines
dc.subjecttariff rates
dc.subjecttariff reductions
dc.subjecttaxation
dc.subjecttelecommunications
dc.subjectterms of trade
dc.subjecttrade barriers
dc.subjecttrade diversion
dc.subjecttrade diversion costs
dc.subjecttrade liberalization
dc.subjecttrade losses
dc.subjecttrade policies
dc.subjecttrade policy
dc.subjecttrade protection
dc.subjecttrading partners
dc.subjecttrading system
dc.subjecttransfer of technology
dc.subjectTRIPs agreement
dc.subjectunilateral reform
dc.subjectUruguay Round
dc.subjectworld exports
dc.subjectworld markets
dc.subjectWorld Trade
dc.subjectWorld Trade Organization
dc.subjectWTO
dc.titleIndia and the Multilateral Trading System after Seattle : Toward a Proactive Roleen
dspace.entity.typePublication
okr.crossref.titleIndia and the Multilateral Trading System after Seattle: Toward a Proactive Role
okr.date.disclosure2000-08-08
okr.date.doiregistration2025-04-10T10:53:48.541397Z
okr.doctypePublications & Research
okr.doctypePublications & Research::Policy Research Working Paper
okr.globalpracticeTrade and Competitiveness
okr.guid776331468773973793
okr.identifier.doi10.1596/1813-9450-2379
okr.identifier.reportWPS2379
okr.language.supporteden
okr.region.administrativeSouth Asia
okr.region.countryIndia
okr.region.geographicalAsia
okr.region.geographicalSouth Asia
okr.region.geographicalWorld
okr.sectorIndustry and trade :: Other domestic and international trade
okr.topicEnvironment::Environmental Economics & Policies
okr.topicInformation and Communication Technologies::ICT Policy and Strategies
okr.topicInternational Economics and Trade
okr.topicInternational Economics and Trade::Free Trade
okr.topicInternational Economics and Trade::Rules of Origin
okr.topicInternational Economics and Trade::Trade and Regional Integration
okr.topicMacroeconomics and Economic Growth::Economic Theory & Research
okr.topicSocial Protections and Labor::Labor Policies
okr.unitTrade, Development Research Group
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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