Role of developing countries in global economic governance

The paper reviews arguments concerning greater voice for developing countries in global governance. Two main themes are multilateral trade negotiations in the WTO and negotiations concerning climate change in the UN. It is argued that developing countries must assume greater responsibilities if these negotiations are to be concluded. Emerging economies such as China, India and Brazil can now significantly affect economies of other countries. Gains will come more from cuts in their own border restrictions than from improved export market access. Options for fuller reciprocity in terms of trade, emissions reduction and climate change are put forward