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N° 181 |
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| July-August 1999 |
| What Should the Framework
for Opening up to the International Economy be? |
| Jean-Louis Guérin |
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| The opening up to the international economy
by numerous developing countries is taking place entirely within the framework
of regional or international accords. By thus institutionalising their trade liberalisation,
these countries are seeking to benefit better from the gains of liberalisation,
notably by stressing the irreversibility of the reforms. Nevertheless, this strategy
holds out numerous risks, which are especially linked to the uniformity of liberalisation
enforced by certain accords. The role of the international trade institutions
must undoubtedly be redefined from this point of view, so as to help smaller,
poor countries manage liberalisation more effectively and derive the most benefits
from it. |
Abstract |
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