Towards an Inclusive and a little bit Ethical Trading System: What do people in LDCs need?
Date and Time: Thursday 5th December 2013 ~~~ 14:00 – 15:30 Location: Orchid Room Theme: Trade and Economic Development
• Did LDCs benefit from DFQF and AfT?
• How could we get support for world trade system form the ordinary people in LDCs?
• What is needed to get more positive involvement form LDCs for current “Development Agenda”?
Since the DDA started, WTO members have tried to include LDCs into the world trading system through various means including DFQF and AfT. Although these means had some positive impacts, we need more involvement from both LDCs and non-LDCs to create an inclusive and sustainable world trading system.
We think that to overcome current stalemate of Doha “Development” Agenda, we should know how ordinary people in LDCs feel about current world trading system.
We carried out several researches for this purpose. From the macro point of view, we examined the impacts of Duty-Free Quota-Free (DFQF) and Aid for Trade to LDCs. We also analysed impact of trade fluctuations on garment workers. From the micro point of view, we collected and analysed statements from ordinary people on their opinions about free trade. These “voices of the people” surveys were conducted in Madagascar and Cambodia.. and the results will be presented by researchers from Cambodia and Japan.
Based on these researches, and especially the “voices of the people” research, we identify some bottlenecks present when tackling the question: how can we devise more inclusive trade rules for LDCs? To promote inclusive development in LDCs, it is essential to make a trading system more development-friendly (some says Ethical) and beneficial to a wide range of people. Improvements in “inclusive trading system” could not only contribute to the expansion of trade, but also drive social development such as labor issues.
Our session aims to propose “DDA-MDGs hybrid”, a hybrid of post MDG (Millennium Development Goals) and post DDA efforts. This might create more space for LDCs to express their voices in the negotiation processes and expand the possibility for the WTO and aid agencies to collaborate on expanding trade.