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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:The GATT Uruguay Round Agreements and Their Implications for Sub-Saharan Economies
Authors:Ezeonu, Ifeanyi C.
Okolie, Andrew C.
Periodical:Africa Quarterly
Geographic term:Subsaharan Africa
trade agreements
international relations
Economics and Trade
Abstract:The dogmatic adherence to neo-liberal economic thinking at the Uruguay Round of the General Agreement on Tariffs and Trade (GATT) is compelling developing countries, many in sub-Saharan Africa, to jettison the very policies which thrust industrialized countries to their present levels of economic growth. The assumption of the neo-liberal theorists that free trade is mutually beneficial bears no resemblance to the situation in sub-Saharan Africa. The main argument of this paper is that the implementation of the TRIPS (trade-related intellectual property rights), TRIMS (trade-related investment measures) and GATS (General Agreements on Trade in Services) agreements militate against the interests of sub-Saharan African States. It will erode the preferential access to the EU market which these States enjoy under the Rome Convention. Bibliogr. [ASC Leiden abstract]