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Books > Business & Economics > Economics > International economics > International trade
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Developing Countries and Preferential Services Trade (Hardcover)
Loot Price: R3,369
Discovery Miles 33 690
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Developing Countries and Preferential Services Trade (Hardcover)
Series: Cambridge International Trade and Economic Law
Expected to ship within 10 - 15 working days
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WTO law sets the global minimum standards for trade regulation,
while allowing some regulatory flexibility for developing
countries. The exact scope of regulatory flexibility is often
unclear and, at times, flexibility may be counterproductive to
sustainable economic growth in developing countries. Undisputedly,
developing countries would have some flexibility with respect to
tailoring preferential services trade agreements to their
individual economic needs and circumstances, but empirical data
from over 280 preferential services trade agreements worldwide
shows that this flexibility is rarely used. This volume clarifies
the regulatory scope of flexibility for preferential services trade
agreements between developing countries by linking the legal
interpretation of WTO law with evidence from research in economics
and political sciences. The book suggests that the current
regulatory framework leaves room for meaningful flexibility for
developing countries, and encourages policymakers and scholars to
take these flexibilities into consideration in their design and
study of trade policies.
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