Developing Countries and the Multilateral Trading System

In this work, T.N. Srinivasan evaluates the interaction between developing countries and the multilateral trading system since World War II and describes the achievements and failures of the Uruguay Round of the Multilateral Trade Negotiations in that context. Among other issues, the author addresses possible linkages between trade policies and environmental and labor standards, the opportunities and threats regionalism poses to a global trading system, and the consequences of cooperation between the World Trade Organization (WTO), the IMF, and the World Bank for developing countries. A new postscript provides information on the most current developments in multilateral economic institutions and trading.