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Developing Country Coalitions in WTO Negotiations: How cohesive would IBSAC (India, Brazil, South Africa, China) be?

Author

Listed:
  • Debashis Chakraborty

    (Indian Institute of Foreign Trade, New Delhi, India)

  • Pritam Banerjee

    (Policy - South Asia, DH)

  • Dipankar Sengupta

    (Department of Economics, University of Jammu, Jammu)

Abstract
RICS (Brazil, Russia, India, China, South Africa) has emerged as a role model for the developing countries at large by building a sustainable dialogue on major policy issues. The ongoing stalemate at the Doha Round of Discussions under WTO is creating a major hurdle for the developing countries. In that context, the present analysis explores whether the WTO Member countries of BRICS, i.e., India, Brazil, South Africa and China (IBSAC), who possess tremendous potential to become the drivers of global economic growth, can also play a significant role at the multilateral negotiations for protecting developing country interests. IBSA is already an operational Dialogue Forum focusing on South-South Cooperation. IBSAC countries have earlier collaborated together in multilateral negotiations (e.g. G-20 for agriculture), but there exist considerable scope to improve the same further. The present analysis reveals that the IBSAC countries need time to become a formidable negotiating collaboration, given their presence in world trade. Also, the deeper trade reform already undertaken by China vis-à-vis IBSA countries makes collaboration between them on every WTO aspect difficult. The analysis indicates that IBSA would remain a more coherent bargaining coalition at WTO, while China would collaborate with it only when mutual interests overlap. It is however likely that the existing trade barriers in developed country markets would continue to provide opportunities for IBSAC to collaborate at times.

Suggested Citation

  • Debashis Chakraborty & Pritam Banerjee & Dipankar Sengupta, 2012. "Developing Country Coalitions in WTO Negotiations: How cohesive would IBSAC (India, Brazil, South Africa, China) be?," Working Papers 1212, Indian Institute of Foreign Trade.
    • Handle: RePEc:ift:wpaper:1212
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    References listed on IDEAS

    as
    1. Flemes, Daniel, 2007. "Emerging Middle Powers' Soft Balancing Strategy: State and Perspectives of the IBSA Dialogue Forum," GIGA Working Papers 57, GIGA German Institute of Global and Area Studies.
    2. Debashis Chakraborty & Animesh Kumar, 2012. "ASEAN and China: New Dimensions in Economic Engagement," China Report, , vol. 48(3), pages 327-349, August.
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    More about this item

    Keywords

    International Trade Organizations; Negotiations;

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F51 - International Economics - - International Relations, National Security, and International Political Economy - - - International Conflicts; Negotiations; Sanctions

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