US Perspectives on International Trade Relations
Chapter 5: Rethinking Fairness in the Evolution of the International Trade Policy and Rule-Making Discourse
5. Rethinking fairness in the evolution of the international trade policy and rule-making discourse In the trade policy discourse, the major structural deviation from the fairness approach championed by the USA and described in the previous chapters of the study is to be found in what goes under the name of ‘special and differential treatment’ afforded to developing countries. This principle has a long and troubled history, which largely coincides with the long-standing efforts of developing countries to modify the international trading system’s rules, which generally are perceived to be slanted in favour of developed countries1 to meet their own specific needs and interests. In particular, since the regime’s birth, developing countries have argued that the GATT is quite stringent with regard to the types of restrictions (e.g., quotas) that they may want to use, while being more lenient with regard to the instruments that industrial countries generally employ (e.g. subsidies for primary products). Hence, the arguments go beyond the simple consideration that, because of differences in bargaining assets (e.g. developed nations have more to offer in terms of trade opportunities in their markets) or relative power, the negotiations’ results (i.e., those of the GATT itself and subsequent rounds) were unfair. The developing countries’ objections often point out that, because of the way the system is set up and rules are designed, the resulting balance of benefits and burdens is unfair. This points to a more fundamental difference with regard to the respective understanding of what is ‘fair’. Indeed, developing...
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.