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Did Africa Benefit in Hong Kong?

Did Africa Benefit in Hong Kong? Hakim Ben HAMMOUDA Stephen N. KARINGI Mustapha Sadni jALLAB * I. INTRODUCTION Developing countries among them African countries played a critical role in defining the agenda for the on-going multilateral trade negotiations. These countries were categorical that the Doha Round must have a pro-development agenda in order to ensure that the skewed way in which benefits from multilateralism have been distributed in favour of developed countries was redressed. While the African countries recognize that trade could be an engine of growth and an important driver of development, unlike other countries, they have been unable to reap concomitant benefits from globalization and trade liberalisation. Indeed Mrica has not fared proportionately well in the sharing of the benefits even when compared to other developing countries. Cline (2004) demonstrates clearly how there has been unequal sharing of gains from trade liberalization while Bouet et al. (2005) demonstrate the contrasting fortunes of developing countries in the Doha Round. The Doha Round was being launched within the backdrop of emerging evidence that the benefits promised at the conclusion of the Uruguay Round would accrue to developing countries were actually not being realized. African countries therefore, considered the Doha Round as the appropriate opportunity through http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of World Investment and Trade Brill

Did Africa Benefit in Hong Kong?

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Publisher
Brill
Copyright
Copyright 2007 by Koninklijke Brill NV, Leiden, The Netherlands
ISSN
1660-7112
eISSN
2211-9000
DOI
10.1163/22119000_008_06-05
Publisher site
See Article on Publisher Site

Abstract

Hakim Ben HAMMOUDA Stephen N. KARINGI Mustapha Sadni jALLAB * I. INTRODUCTION Developing countries among them African countries played a critical role in defining the agenda for the on-going multilateral trade negotiations. These countries were categorical that the Doha Round must have a pro-development agenda in order to ensure that the skewed way in which benefits from multilateralism have been distributed in favour of developed countries was redressed. While the African countries recognize that trade could be an engine of growth and an important driver of development, unlike other countries, they have been unable to reap concomitant benefits from globalization and trade liberalisation. Indeed Mrica has not fared proportionately well in the sharing of the benefits even when compared to other developing countries. Cline (2004) demonstrates clearly how there has been unequal sharing of gains from trade liberalization while Bouet et al. (2005) demonstrate the contrasting fortunes of developing countries in the Doha Round. The Doha Round was being launched within the backdrop of emerging evidence that the benefits promised at the conclusion of the Uruguay Round would accrue to developing countries were actually not being realized. African countries therefore, considered the Doha Round as the appropriate opportunity through

Journal

Journal of World Investment and Trade – Brill

Published: Dec 20, 2007

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