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At a pivotal point in the history of the WTO, when development issues are at the heart of negotiations, how the larger and more powerful members address the legitimate concerns of its poorest and most vulnerable members will shape the perception of the institution throughout the century. This book aims not only to document almost ten years of experience of small states with the WTO but also to explain this experience. It takes an evidential theory approach to explaining the features characteristic to the trade and economic development of small island states. It then highlights the issues of concern to these states in relation to negotiations at the WTO. The experience of the African Caribbean and Pacific (ACP) countries with the WTO dispute settlement mechanism is discussed, and the book ends with a discussion of key negotiating issues for the island states and institutional arrangements to facilitate reform.
Agricultural trade is a major factor determining food security in Caribbean countries. In these small open economies, exports are essential, whilst imports provide a large part of the food supply. This book examines various dimensions of trade policy and related issues and suggests policies to address trade and food security and rural development linkages. It is as a guide and reference documents for agricultural trade policy analysts, trade negotiators, policy-makers and planners in both the public and private sectors.
Emerging Trade Issues for Small Developing Countries seeks to help Commonwealth developing countries adapt to emerging trade issues such as climate change, e-commerce, implementation of the SDGs, and the role of Micro, Small and Medium-sized enterprises and GVCs . It addresses systemic issues that impact on the participation in the multilateral trading system and WTO negotiations.
Small developing states tend to be inherently prone to exogenous shocks over which they can exercise very little control. In the main, such proneness emanates from the small states; structural trade openness and their very high dependence on a narrow range of exports. There are a number of small developing states that, in spite of their inherent economic vulnerability, manage to generate a relatively high GDP per capita when compared with other developing countries. This can be ascribed to economic resilience building associated with policy-induced measures that enable a country to recover from or adjust to the negative impacts of adverse exogenous shocks and to benefit from positive shocks. The main argument put forward in this book is that economic resilience can be built through appropriate policy interventions in four principal areas, namely macroeconomic stability, microeconomic market efficiency, good governance and social development. Published by the Islands and Small States Institute, Malta and the Commonwealth Secretariat.
On July 4, 2009, the region celebrated thirty-six years as a formal Caribbean Community (CARICOM). The analyses contained in this publication in the The Integrationist Series all tend to suggest that CARICOM now, more than ever, needs to transform its experiences over these years into a more structured foundation for maximising the multiplier effects of collective representation, and for leveraging CARICOMs diplomatic efforts and resources in a more coordinated and integrated manner. This imperative is necessitated by the rapidly changing international environment which has far too often impacted negatively on small developing countries, leaving them increasingly vulnerable and marginalized.
Fundamental changes are taking place in the global trade landscape, and the Commonwealth, with its diverse membership, is adapting to and coming to terms with these changes. Offering insightful perspectives on topical issues that can contribute to promoting the role of trade in development, Commonwealth Trade Review 2015 addresses these issues.
The organization of production processes into a chain of production stages that could be located in different countries, each of which provide a unique advantage, has become a defining characteristic of international trade. Industrial development, the movement of intermediate products, and the trading of final goods and services are inextricably linked to global value chains. Global value chain analysis is useful in providing a comprehensive overview of an entire industry, identifying an individual firm or country’s position in the global value chain, and mapping how the firm or country may upgrade to capture more value along this value chain. This book presents various case studies which ...
This report considers challenges faced by small island developing states (SIDS) agriculture sectors in the multilateral trade framework and the importance of non-reciprocal trade preferences, in order to help identify policy options to promote agricultural trade and sustainable economic development.
Discusses the situation of international labour and international labour relations in relation to the globalized capitalist economic order. Reviews a range of recent literature, examines current debates and argues for a reinvention of the international labour movement. Looks at the implications of computerized communication for the labour movement.