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Trade and Development Report 1994

image of Trade and Development Report 1994

The focus of the report is the functioning and interaction of all the different constituent parts of the world economy and of related dimensions of national and international policy. Special attention is given to issues of concern to developing countries. The coverage includes the movements of macroeconomic aggregates in developed and developing countries and in the economies of transition, international trade and trade policies and financial and commodity markets.

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Expansion of the coverage of multilateral disciplines

A major outcome of the Uruguay Round has been to devise new multilateral disciplines in the areas of intellectual property and trade in services, and to link them to the GATT rights and obligations through the institutional "umbrella" of WTO and its integrated dispute settlement mechanism. This extension of multilateral trade obligations and the attempts to use the mandate on trade-related investment measures (TRIMs) to negotiate rules on investment should be viewed in the context of a persistent theme in international economic debate, that of establishing multilateral rules for the protection of property rights.

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