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Policy space: Are WTO rules preventing development?

Briefing/policy paper

Written by Sheila Page

Briefing/policy paper

This paper investigates whether WTO rules restrict developing country 'policy space' by limiting their development policies. It finds that developing countries need 'policy space' to use policy to promote development, but international ruleslimit it. The principal areas where trade agreements do or may restrict countries are tariffs, TRIPs, and investment. It concludes that while some ‘space’ has been closed, much remains, and space can cause problems as well as create opportunities.

Sheila Page