Book by the South Centre, 2020
WTO reform and the crisis of multilateralism – A Developing Country Perspective
About the Book:
The WTO has not been able to recover since the collapse of the Doha Round in July 2008. Several ministerial conferences including the Buenos Aires meeting in December 2017 failed to reach agreement. The US Trump Administration launched a campaign to reform the WTO in 2018 and 2019. This book argues that the Trump Administration reform proposals have been much more aggressive and far-reaching than the Obama Administration before it, threatening to erode hard-won special and differential treatment rights of developing countries. By blocking the appointment of new Appellate Body members, the US has effectively paralysed the Appellate Body and deepened the crisis of the multilateral trading system. Developing countries have responded to the proposals and called for the WTO to be development-oriented and inclusive. This book provides a critical analysis of the US-led reform proposals and seeks to build a discourse around an alternative set of concepts or principles to guide the multilateral trading system based on fairness, solidarity, social justice, inclusiveness and sustainability.
Author: Faizel Ismail served as the Ambassador Permanent Representative of South Africa to the WTO (2010-2014).
This book is published with support from Trade & Industrial Policy Strategies.
This article was tagged: Appellate Body, Association of Southeast Asian Nations (ASEAN), Belt and Road Initiative (BRI), Capacity Building, China, Dispute Settlement, Doha Development Round, Enabling Clause, Equity, European Union (EU), Fair Trade, GATT, Inclusiveness, Ministerial Conference, Most Favoured Nation (MFN), Multilateralism, New Global Green Deal, Protectionism, Reciprocity, Regional Comprehensive Economic Partnership (RCEP), Social Justice, Solidarity, Special and Differential Treatment, Trade, Trade and Development, Trade War, Transparency, Trump, Unilateral Trade Measures, United States (US), WTO, WTO Reform