Skip to main content Site map

Power and the Governance of Global Trade: From the GATT to the WTO


Power and the Governance of Global Trade: From the GATT to the WTO

Hardback by Kim, Soo Yeon

Power and the Governance of Global Trade: From the GATT to the WTO

WAS £51.00   SAVE £7.65

£43.35

ISBN:
9780801448867
Publication Date:
9 Sep 2010
Language:
English
Publisher:
Cornell University Press
Pages:
200 pages
Format:
Hardback
For delivery:
Estimated despatch 24 - 26 May 2024
Power and the Governance of Global Trade: From the GATT to the WTO

Description

In Power and the Governance of Global Trade, Soo Yeon Kim analyzes the design, evolution, and economic impact of the global trade regime, focusing on the power politics that prevailed in the regime and shaped its distributive impact on global trade. Using documents now available from the archives of the General Agreement on Tariffs and Trade (GATT), Kim examines the institutional origins and critical turning points in the evolution of the GATT, as well as preferences of the lesser powers of the developing world that were the subject of heated debate over the International Trade Organization (ITO), which failed to materialize. Using quantitative analysis, Kim assesses the impact of the global trade regime on international trade and finds that the rules of trade forged by the great powers resulted in a developmental divide, in which industrialized countries benefited from trade expansion but developing countries reaped far fewer gains. The findings indicate that a successful conclusion to the Doha Round of the World Trade Organization (WTO) is urgently needed to mitigate the developmental divide by increasing trade between the industrialized and developing worlds. Kim offers a timely reading of the GATT/WTO system as a way to think about how trade and globalization more broadly may be governed in this post-Cold War century, as the global economy contends with a new geopolitical configuration featuring rising powers from the developing world. Important trading nations such as China, India, and other emergent actors in the G-20 countries, Kim argues, reflect the new power politics that will shape the course of global trade governance in the years to come.

Contents

IntroductionPart I: Rules 1. Who Designs?: Power and the Design of the General Agreement 2. Critical Moments and Institutional ResiliencePart II: Consequences 3. Power and Politics in the GATT: The Effects on Trade, 1950-1994 (with Joanne Gowa) 4. A Matter of Timing: WTO Accession and International TradeConclusionMethodological Appendix References Index

Back

Middlesex University logo