Is the World Trade Organization Attractive Enough for Emerging Economies?

Preface Introduction PART I WTO AGREEMENTS - A DEVELOPMENT-FRIENDLY POLICY INSTRUMENT? Development Implications of WTO Accession Procedures Toward a Development-Friendly International Regulatory Framework for Foreign Direct Investment The WTO: A Sweet or Sour Chinese Banquet? PART II WTO MEMBERSHIP AND ECONOMIC COOPERATION (ACCESSION AND IMPACT ON POLICIES) Effects of WTO Accession on Policymaking in Sovereign States: Lessons from Transition Countries Policy Anchors: Do Free Trade Agreements Serve as Vehicles for Developing-Country Policy Reform? Regional Trading Arrangements and WTO Membership: Substitutes or Complements? PART III IMPACT OF THE WTO ON TRADE FLOWS OF GOODS The Effect of Membership in the GATT/WTO on Trade: Where Do We Stand? Does WTO Membership Make a Difference at the Extensive Margin of World Trade? PART IV BROADER COSTS AND BENEFITS OF WTO MEMBERSHIP Who Should Join the WTO and Why?: A Cost-Benefit Analysis of WTO Membership Uneven Benefits from the Dispute Settlement Mechanism Costs of Implementation of WTO Agreements Index