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RESOURCES
CAN THE TRADING
SYSTEM BE GOVERNED? INSTITUTIONAL IMPLICATIONS OF THE WTO'S SUSPENDED
ANIMATION. By Robert Wolfe. Centre for International Governance
Innovation Working Paper No. 30, September 2007. Do the difficulties
in reaching an agreement in the Doha round signal the need for institutional
reform of the WTO? Members face great difficulty in undertaking
needed renovations and new agreements through negotiations, even
as the organization goes about its daily work as usual. This paper
is structured by two hypotheses, that the way in which interests
are aggregated changes outcomes; and that deliberation aids learning,
which changes outcomes. The paper shows that WTO decision-making
principles, dominated by the Single Undertaking and consensus ,
are essential given the nature of the membership and the political
saliency of the issues, which has implications both for what is
discussed (the agenda) and how (process). New rules apply to all,
which means that voice for all Members matters. While exit is difficult,
any Member can deny consensus, in principle if not in practice,
which creates more roles for small groups and coalitions, and a
common need for transparency. The paper concludes that procedural
improvements by themselves will not solve intractable policy disagreements,
but the lessons now being learned in the Doha Round on how to manage
traditional negotiations involving many more Members within a changing
global power structure might pay off in a subsequent round. Nevertheless
the engagement of thousands of officials in the WTO process continues
to shape collective management of the global trading system, even
when revisions to the treaty prove elusive.
BETWEEN SAFETY
AND COMMERCE: HOW SANITARY REGULATIONS AFFECT GLOBAL DAIRY TRADE.
By Thom Achterbosch. International Food & Agricultural Trade Policy
Council, August 2007. The issue brief argues that to maintain safety
in dairy commerce, sanitary regulations that govern global dairy
trade are necessary, but concedes that it is possible that these
regulations may be used for protectionist purposes, and may hinder
beneficial trade flows. The issue brief is reporting on an IPC study
that surveyed top 20 companies in the industry and documented how
increased sanitary regulations impacted trade. It concludes by arguing
that costs can be lowered by reducing regulatory divergence and
requesting the aid of global institutions. Internet: http://www.agritrade.org/Publications/IssueBriefs/between_safety_commerce_dairy.html
TOWARDS A DIGITAL
AGENDA FOR DEVELOPING COUNTRIES. By Dalindyebo Shabalala. South
Centre Research Paper 13, September 2007. This research paper analyses
the implications of digital and internet content policy for access
to knowledge in developing countries. It also puts forward recommendations
for developing countries to fully enable Information and communication
technologies (ICT) policy to deliver on the promise of more knowledge
and information, especially for education. Internet: http://www.southcentre.org/publications/researchpapers/ResearchPapers13.pdf
GOVERNANCE AND
ACCOUNTABLITY. By D.N. Ghosh. Oxford University Press, July 2007.
This volume appraises the impact of globalisation on the state-market
relationship, and discusses the experience of China and India. Divided
into four sections, the essays in this volume discuss these issues
in a historical and comparative perspective. Starting with China
and India, who are grappling with the problems of growth in a globalizing
economy; then there is an account of the culture that permeates
the epicenter of the financial world, focusing on an apparent lack
of concern for financial stability in the transition economies;
followed by a section that deals with certain key regulatory and
governance issues in the Indian financial system. The final section
offers points on how corporate giants need to improve governance
for better investor confidence and market transparency. Internet:
http://www.oup.co.in/search_detail.php?id=144239#authordetails
TRADE NEGOTIATIONS
INSIGHTS/ECLAIRAGE SUR LES NÉGOCIATIONS. The International
Centre for Trade and Sustainable Development (ICTSD) has this week
launched the new-look version of Trade Negotiations Insights and
Eclairage sur les Négociations. Now monthly, these publications
will feature more articles, news and analysis of the key ACP events
relating to trade, development and regional integration. To subscribe,
simply fill out the periodical subscription form online at http://www.ictsd.org/tni/index.htm
or send an email to vhanson@ictsd.ch.
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