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A China Round of Multilateral Trade Negotiations

Author

Listed:
  • Aaditya Mattoo

    (World Bank)

  • Arvind Subramanian

    (Peterson Institute for International Economics)

Abstract
Until recently, the World Trade Organization (WTO) has been an eff ective framework for cooperation because it has continually adapted to changing economic realities. Th e current Doha Agenda is an aberration because it does not refl ect one of the biggest shifts in the international economic and trading system: the rise of China. Even though China will have a stake in maintaining trade openness, an initiative that builds on but redefi nes the Doha Agenda would anchor China more fully in the multilateral trading system. Such an initiative would have two pillars. First, a new negotiating agenda that would include the major issues of interest to China and its trading partners, and thus unleash the powerful reciprocal liberalization mechanism that has driven the WTO process to previous successes. Second, new restraints on bilateralism and regionalism that would help preserve incentives for maintaining the current broad non-discriminatory trading order.

Suggested Citation

  • Aaditya Mattoo & Arvind Subramanian, 2011. "A China Round of Multilateral Trade Negotiations," Working Paper Series WP11-22, Peterson Institute for International Economics.
    • Handle: RePEc:iie:wpaper:wp11-22
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    File URL: https://www.piie.com/publications/working-papers/china-round-multilateral-trade-negotiations
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Robert Wolfe, 2013. "First diagnose, then treat: what ails the Doha Round?," RSCAS Working Papers 2013/85, European University Institute.
    2. Jean-Christophe Bureau & Sébastien Jean, 2013. "International Agricultural Trade and Negotiations : Coping with a New Landscape [Commerce et négociations agricoles commerciales: s'ajuster au nouvel environnement]," Working Papers hal-01592099, HAL.
    3. Arvind Subramanian, 2013. "Preserving the Open Global Economic System: A Strategic Blueprint for China and the United States," Policy Briefs PB13-16, Peterson Institute for International Economics.
    4. Lili Kang & Fei Peng, 2018. "Economic Reform and Productivity Convergence in China," Arthaniti: Journal of Economic Theory and Practice, , vol. 17(1), pages 50-82, June.

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    More about this item

    Keywords

    China; trade; multilateralism; WTO; Doha Agenda;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade
    • F2 - International Economics - - International Factor Movements and International Business
    • F5 - International Economics - - International Relations, National Security, and International Political Economy

    NEP fields

    This paper has been announced in the following NEP Reports:

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