About the Book
This booklet focuses on the implications of the negotiations on industrial tariffs taking place at the World Trade Organization for longer term industrialization in developing countries. It gives a brief overview of the framework on non-agricultural market access (NAMA) and provides a review of the historical experience of today's advanced countries regarding the use of tariffs in the course of their industrialization, and compares and contrasts it with the actual situation prevailing in developing countries today and the proposals put forward.
The booklet also discusses the sectoral pattern and evolution of tariffs that may be needed in the course of industrial development in comparison with the constraints that would result from the proposals made by developed countries, and advances a simple alternative formula that can help reconcile policy flexibility with multilateral discipline.
It makes an evaluation of various estimates of benefits of tariff cuts to developing countries and in another chapter deals with the question of reciprocity from a broad developmental perspective.
The booklet concludes with a brief summary of the key points on how the negotiations could accommodate both the immediate needs and longer-term interests of developing countries.
About the Author
DR.YILMAZ AKYUZ was the Director of the Division on Globalisation and Development Strategies and Chief Economist at the United Nations Conference on Trade and Development (UNCTAD) until his retirement in August 2003. He was the principal author and head of the team preparing the UNCTAD Trade and Development Report, and UNCTAD coordinator of research support to developing countries (the Group of 24) in the IMF and the World Bank on international monetary and financial issues. Before joining UNCTAD in 1984 he taught at various universities in Turkey, England and elsewhere in Europe. He has published extensively in macroeconomics, finance, growth and development. Since retiring from UNCTAD, he has held the Tun Ismail Ali Chair in Monetary and Financial Economics, University of Malaya. His current activities include policy research for international organizations, and advising governments on development policy issues, and TWN on research in trade, finance and development.
2. THE KEY ELEMENTS OF THE NAMA FRAMEWORK
3. A BRIEF HISTORY OF INDUSTRIAL PROTECTIONISM: GOOD FOR THE GOOSE, BUT NOT FOR THE GANDER
4. INDUSTRIAL DEVELOPMENT AND TARIFFS
5. ASSESSING COSTS AND BENEFITS: ARE THE GAINS WORTH THE PAINS?
6. RECIPROCITY OR UNEQUAL EXCHANGE?
7. CONCLUSIONS: THE WAY FORWARD