Mega-RTAs and LDCs: Trade is not for the poor |
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| Affiliation: | 1. Klinik und Poliklinik für Chirurgie, Klinikum Rechts der Isar der Technischen Universität München, Germany;2. Visceral- und Thoraxchirurgie, Kreisklinikum Erding, Germany;1. State Key Laboratory of Loess and Quaternary Geology, Institute of Earth Environment, Chinese Academy of Sciences, Xi''an 710061, China;2. Xi''an AMS Center, Xi''an 710061, China;3. Beijing Normal University, Beijing 100875, China;4. Key Laboratory of Tibetan Environment Changes and Land Surface Process, Chinese Academy of Sciences, Beijing 100101, China;5. Excellence Center for Tibetan Plateau Research, Chinese Academy of Sciences, Beijing 100101, China;1. School of International Business Administration, SHUFE, China;2. School of Economics and Management, Tsinghua University, China;1. National University of Singapore, Singapore;2. Ben Gurion University, Israel;3. CEPR, UK;4. CESifo, Germany;5. IZA, Germany |
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| Abstract: | Various upcoming large regional trade agreements dealing with new generation trade issues and involving the developed, as well as several emerging market developing economies, exclude the Least Developed Countries (LDCs). The LDCs are not strategically important enough for the other players to figure in these agreements. Nonetheless, these have important implications for the LDCs, particularly in terms of loss of preferential market access. Such preferential access, the paper argues, is likely to get confined to the WTO’s multilateral framework in the longer-term leaving LDCs little strategic economic space outside the WTO. |
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| Keywords: | Mega-RTAs Trade agreements LDCs Market access TPP TTIP |
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