THE WTO NEGOTIATIONS ON INDUSTRIAL TARIFFS: WHAT IS AT STAKE FOR DEVELOPING COUNTRIES?

YILMAZ AKYÜZ

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.

Yilmaz Akyüz was formerly Director of Division on Globalization and Development Strategies, UNCTAD.

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