ABOUT THE BOOK
BILATERAL and regional free trade agreements (FTAs) between developed and developing countries are proliferating. They usually contain tariff-reduction commitments and disciplines deeper than at the World Trade Organisation and also contain rules that are not in the WTO.
This book argues that the comprehensive and strict obligations these FTAs impose will seriously constrain the developing-country party’s policy-making capacity to pursue national socioeconomic and development goals. As a result of this erosion of policy space and the drastic market-opening demanded by FTAs, no less than the country’s development prospects would be undermined.
This book examines the development implications of FTAs for signatory developing countries in each of the major areas typically covered by these agreements, including trade in goods, trade in services, investment, government procurement, competition policy and intellectual property rights. In light of the very real risks posed, developing countries should assess the costs and benefits of an FTA before deciding whether to enter into or conclude negotiations.
book uses the typical FTA that the
ABOUT THE AUTHOR
KHOR is the Director of the
Chapter 1. Bilateral Free Trade and Economic Agreements
Chapter 2. Disadvantages of FTAs Compared to Multilateral Trade Agreements
Chapter 3. Changing Views on the Effects of Liberalisation
Chapter 4. "Reciprocity" as a Principle in FTAs
Chapter 5. Main Features of FTAs Between Developed and Developing Countries
Chapter 6. Market Access in Goods
Chapter 7. Services
Does the degree of services liberalisation matter for development?
Chapter 8. Investment: Liberalisation and Investor Protection
Background to investment issue
Main design and features of the investment chapter
Some implications of the investment chapter in FTAs
The need for space and flexibility for investment and development policies and the effects of the FTA investment chapter
Chapter 9. Liberalisation of Government Procurement
Government procurement in trade agreements
Features of government procurement in FTAs involving the
National policy changes needed due to FTA
Erosion of policy space and in the role of government procurement
Limited gains from US procurement market access
Effects of government procurement liberalisation under FTA
Chapter 10. Competition Policy
Background to the issue
Towards a development framework on competition for developing countries
Anti-competitive business conduct, designated monopolies and government enterprises
Development implications of the competition chapter
Chapter 11. Intellectual Property Rights
Patents and access to medicines
The developing country will be obliged to sign up to many international IP treaties
Effects on patenting of life, biodiversity, genetic resources, agriculture and farmers
Patent Cooperation Treaty
Scope of patentability
Enforcement of IP
Chapter 12. GMOs and Food Safety
Chapter 13. The European Union's Economic Partnership Agreements
Chapter 14. Need for Policy Framework and Assessment of Costs and Benefits
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