Policy Innovations The central address for a fairer globalization

A publication of the Carnegie Council

The WTO Negotiations on Industrial Tariffs: What Is at Stake for Developing Countries?

By Yilmaz Akyuz

Third World Network, May 1, 2005

Third World Network

ABSTRACT

This paper focuses on the implications of the WTO negotiations on industrial tariffs or NAMA (non agricultural market access) for developing countries. Current proposals will erode present policy flexibility to use tariffs for industrial development and also affect the possibility for long term industrialization in developing countries. It proposes a simple alternative formula that can reconcile policy flexibility with multilateral discipline. It explains how the negotiations can accommodate immediate needs and longer-term interests of developing countries.

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