The fifteen years of the GATT between the conclusion of the Tokyo
Round in 1979 and the finalisation of the Uruguay Round in 1994
witnessed a sea change in attitudes toward the role of
international trade in developing countries. The shift in
orientation toward relatively open trading systems was reflected in
the attitudes and participation of developing countries in the
Uruguay Round. They involved themselves fully in formulating the
rules of the new trading system, and also made significant offers
to reduce tariff protection. This volume provides an assessment of
the economic impact of the Uruguay Round of the GATT on the
developing countries. The authors, all leading international trade
economists, examine all aspects of the agreement and conclude that
the cuts in protection should strengthen the world trading system
and result in increases in the real incomes in developing
countries.
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