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The Uruguay Round : widening and deepening the world trading system, Volume 1
 
Date Stored:2001/04/21Document Date:1995/10/31
Document Type:PublicationSubTopics:Environmental Economics & Policies; Rules of Origin; Economic Theory & Research; Free Trade; World Trade Organization
ISBN:ISBN 0-8213-3488-3Language:English
Major Sector:(Historic)Economic PolicyReport Number:15015
Sub Sectors:TradeCollection Title:Directions in development
Volume No:1  

Summary: The outcome of the Uruguay round is a milestone for developing countries. However, this initial step of integrating developing countries into the global economy opens a new range of challenges and opportunities. This booklet evaluates the outcome of the Round and outlines ways we can move forward. It also suggests strategies for implementing the agreement, proposes how it can be extended, and provides part of the analytical base for the future multilateral negotiations aimed at accelerating the integration of developing countries into the world economy. This booklet is a synopsis of the papers, feedback and discussion from the World Bank's second conference on the Uruguay Round and the Developing Economies, held January 26-27, 1995. The Bank's first conference on the Uruguay Round was in Bangkok more than eight years ago, shortly after the opening of the Round. It was clear even then that the developing economies would play a much more important role in this Round than previously. Developing countries not only participated in formulating new rules for the world trading system, they also made important market access offers in the conventional area of reducing tariff protection on manufacturers trade, as well as in areas new to the trade liberalizing process, such as in services and in agricultural products.

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