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The WTO, Competition Policy, and Developing Countries: A Model of Global Governance

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This paper examines the nature and character of international economic institutions by focusing on the World Trade Organization (WTO) within the context of the proposal for a multilateral competition policy at the WTO. Given the fact that the European Union and, to a lesser extent, the United States, are the principal supporters of this proposal and that the developing countries have displayed a near-unanimous opposition to it, the paper asks whether the WTO (a) displays the status of an autonomous entity, (b) merely reflects the interests of a hegemon, or (c) follows a logic of collective action among the member-states for providing a public good. To answer these questions, the paper combines theoretical insights from neoliberal institutionalism, public goods theory, international trade theory, and competition theory. After examining these three questions separately, the paper employs a combined multidisciplinary approach that produces an integrated understanding of international economic institutions and cooperation. The paper argues that a combination of historical factors, policy imperatives, interest-group politics, and economic policy linkages explains the developments surrounding the proposed multilateral competition policy at the WTO. Methodologically, the research combines historical analysis with a utility-maximizing model based on the assumption of rational agents. In adopting a multidisciplinary theoretical approach, this paper attempts to bridge existing divides in the international political economy literature relating to international economic institutions and their operations. The findings of this paper aim to advance existing institutionalist theories in the field of international relations while informing us of the political economy of international cooperation at international economic institutions.

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countri (191), competit (180), polici (171), develop (133), wto (116), global (112), govern (104), intern (89), one (72), variabl (64), econom (62), trade (58), group (55), polit (49), law (49), institut (44), model (44), area (43), nation (40), assist (40), two (38),
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Name: ISA's 49th ANNUAL CONVENTION, BRIDGING MULTIPLE DIVIDES
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http://www.isanet.org


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MLA Citation:

Parakkal, Raju. "The WTO, Competition Policy, and Developing Countries: A Model of Global Governance" Paper presented at the annual meeting of the ISA's 49th ANNUAL CONVENTION, BRIDGING MULTIPLE DIVIDES, Hilton San Francisco, SAN FRANCISCO, CA, USA, Mar 26, 2008 <Not Available>. 2008-10-08 <http://www.allacademic.com/meta/p253571_index.html>

APA Citation:

Parakkal, R. , 2008-03-26 "The WTO, Competition Policy, and Developing Countries: A Model of Global Governance" Paper presented at the annual meeting of the ISA's 49th ANNUAL CONVENTION, BRIDGING MULTIPLE DIVIDES, Hilton San Francisco, SAN FRANCISCO, CA, USA Online <APPLICATION/PDF>. 2008-10-08 from http://www.allacademic.com/meta/p253571_index.html

Publication Type: Conference Paper/Unpublished Manuscript
Abstract: This paper examines the nature and character of international economic institutions by focusing on the World Trade Organization (WTO) within the context of the proposal for a multilateral competition policy at the WTO. Given the fact that the European Union and, to a lesser extent, the United States, are the principal supporters of this proposal and that the developing countries have displayed a near-unanimous opposition to it, the paper asks whether the WTO (a) displays the status of an autonomous entity, (b) merely reflects the interests of a hegemon, or (c) follows a logic of collective action among the member-states for providing a public good. To answer these questions, the paper combines theoretical insights from neoliberal institutionalism, public goods theory, international trade theory, and competition theory. After examining these three questions separately, the paper employs a combined multidisciplinary approach that produces an integrated understanding of international economic institutions and cooperation. The paper argues that a combination of historical factors, policy imperatives, interest-group politics, and economic policy linkages explains the developments surrounding the proposed multilateral competition policy at the WTO. Methodologically, the research combines historical analysis with a utility-maximizing model based on the assumption of rational agents. In adopting a multidisciplinary theoretical approach, this paper attempts to bridge existing divides in the international political economy literature relating to international economic institutions and their operations. The findings of this paper aim to advance existing institutionalist theories in the field of international relations while informing us of the political economy of international cooperation at international economic institutions.

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Document Type: application/pdf
Page count: 42
Word count: 11632
Text sample:
The WTO Competition Policy and Developing Countries: A Model of Global Governance ∗ Raju Parakkal I. Introduction The proposal to include competition policy as a topic of discussion in the World Trade Organization (WTO) was seriously advanced for the first time during the 1996 Singapore Ministerial Conference of the WTO. Competition policy came to be part of the “Singapore Issues” that also comprised three other policy matters: trade and investment transparency in government procurement and trade facilitation. With regard
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