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Anatomy of the Case of Arab Countries and the WTO

Anatomy of the Case of Arab Countries and the WTO ANATOMY OF THE CASE OF ARAB COUNTRIES AND THE WTO Bashar H. Malkawi* Introduction Arab countries are attempting to broaden their engagement in the multi- lateral trading system in a manner that has many implications. Not only have some Arab countries either acceded or are in the pipeline of acced- ing to the World Trade Organization ( WTO), but their new commitments coincide with reorientations in their economic strategies. The purpose of this article is to examine the involvement in and implications of the multi- lateral trading system on Arab countries. The proposition in this article is that the WTO is not a perfect institution. In WTO accession, politics matter more than commerce or trade. I argue that joining the WTO is a balancing act. As a result of economic liberalization, there would be losers in the industries of Arab countries. However, governments should compensate for any loss by ensuring better access to capital and estab- lishing training programs to develop the skills of those dislocated. The article proceeds to discuss in section I representation of Arab coun- tries in the multilateral trading system. Section II examines accession of Arab countries to the WTO and some of the http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Arab Law Quarterly Brill

Anatomy of the Case of Arab Countries and the WTO

Malkawi, Bashar
Arab Law Quarterly , Volume 20 (2): 42 – Jan 1, 2006
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Publisher
Brill
Copyright
Copyright © Koninklijke Brill NV, Leiden, The Netherlands
ISSN
0268-0556
eISSN
1573-0255
DOI
10.1163/026805506777585667
Publisher site
See Article on Publisher Site

Abstract

ANATOMY OF THE CASE OF ARAB COUNTRIES AND THE WTO Bashar H. Malkawi* Introduction Arab countries are attempting to broaden their engagement in the multi- lateral trading system in a manner that has many implications. Not only have some Arab countries either acceded or are in the pipeline of acced- ing to the World Trade Organization ( WTO), but their new commitments coincide with reorientations in their economic strategies. The purpose of this article is to examine the involvement in and implications of the multi- lateral trading system on Arab countries. The proposition in this article is that the WTO is not a perfect institution. In WTO accession, politics matter more than commerce or trade. I argue that joining the WTO is a balancing act. As a result of economic liberalization, there would be losers in the industries of Arab countries. However, governments should compensate for any loss by ensuring better access to capital and estab- lishing training programs to develop the skills of those dislocated. The article proceeds to discuss in section I representation of Arab coun- tries in the multilateral trading system. Section II examines accession of Arab countries to the WTO and some of the

Journal

Arab Law Quarterly – Brill

Published: Jan 1, 2006

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