The Rise of China, India and Brazil at the WTO Kristen Hopewell - - PowerPoint PPT Presentation

the rise of china india and brazil at the wto
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The Rise of China, India and Brazil at the WTO Kristen Hopewell - - PowerPoint PPT Presentation

The Rise of China, India and Brazil at the WTO Kristen Hopewell Senior Lecturer in International Political Economy University of Edinburgh BRICS Just a Mirage? Impact of Emerging Powers at WTO Brazil & India Led developing


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The Rise of China, India and Brazil at the WTO

Kristen Hopewell Senior Lecturer in International Political Economy University of Edinburgh

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BRICS – Just a Mirage?

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  • Brazil & India
  • Led developing world in attack on rich country

agriculture subsidies

  • Secured substantial SDT for developing countries
  • China
  • Weight behind developing world coalitions
  • Central factor in 2008 Doha Round impasse

Impact of Emerging Powers at WTO

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China’s Merchandise Exports

Source: World Bank Data

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Share of Global Manufacturing Value Added

Source: OECD

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US Trade with China

Source: US Bureau of Census

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  • 2008 draft agreement – SDT for China,

concessions from US – politically untenable in US

  • Clash between traditional & emerging powers
  • Rise of new powers  breakdown of Doha Round

Impact of Emerging Powers at WTO

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  • Can the trading system accommodate US-China

economic rivalry?

  • How should emerging economies be classified

and treated in global trade governance?

  • Is there a fundamental conflict between liberal

governance institutions and development?

Key Challenges

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Kristen Hopewell Senior Lecturer in International Political Economy School of Social and Political Science University of Edinburgh kristen.hopewell@ed.ac.uk