The 'Missing Link' Between the WTO and the IMF

Thorstensen, Vera Helena; Ramos, Daniel; Müller, Carolina

doi:10.1093/jiel/jgt015

Cited by 6 publications

(1 citation statement)

References 9 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Instead, the emergence of China as Brazil's primary source of imports occurred in parallel to international allegations of Chinese currency manipulation – and unfair competition of Chinese exports as a result (Staiger and Sykes, 2010). Between April 2011 and November 2012, Brazil submitted three proposals to the WTO Working Group on Trade, Debt, and Finance to tackle the trade distortive effects of exchange rate misalignments (Thorstensten et al, 2013, 373–374). In 2014, it further submitted a proposal for greater coordination between the WTO and the International Monetary Fund (IMF) on this issue (WTO, 2014a).…”

Section: Brazil's New Directionsmentioning

confidence: 99%

From Developing Country Leader to Flexible Negotiator: New Directions in Brazilian Trade Strategy

Schöfer

2023

World Trade Review

View full text Add to dashboard Cite

Brazil has changed its negotiation strategy in World Trade Organization (WTO) negotiations. In the first half of the WTO era (1995–), Brazil adopted a strong developing country leadership role as coordinator and spokesperson of the G20 group of developing countries. More recently, however, this group has disappeared from the negotiation scene. This article examines how Brazil has departed from a 2000 status quo and arrived at a more flexible approach, less reliant on the industrialized-developing divide as a structuring principle of its diplomacy. Using WTO negotiation documents, trade delegate interviews, dispute settlement case law, and secondary literature, I outline the contours of new directions in Brazilian trade policy. These include joint legislative initiatives with the EU, a move towards the plurilateral level on non-traditional issues, a greater heterogeneity of dispute settlement targets, and a newly flexible handling of its rights under the WTO's special and differential treatment status. The article contributes to ongoing debates on Brazil's status in international affairs, its reliance on large coalitions, and the maintenance of followership as key directives of its foreign policy, and scholarship that sees Brazil as stuck in a ‘graduation dilemma’.

show abstract

Section: Brazil's New Directionsmentioning

confidence: 99%

From Developing Country Leader to Flexible Negotiator: New Directions in Brazilian Trade Strategy

Schöfer

2023

World Trade Review

View full text Add to dashboard Cite

show abstract

Services of General Interest Under Regimes of Fiscal Austerity

Hall

2015

Services of General Interest Beyond the Single Market

View full text Add to dashboard Cite

EU-Brazil Relations at the World Trade Organization: Dispute Settlement as Leverage

2013

View full text Add to dashboard Cite

This paper addresses how Brazil's use of the WTO dispute settlement vis-à-vis the EU has an impact on trade relations between both parties. After describing their economic relationship, it is demonstrated that Brazil and the EU are not only successful and avid users of the dispute settlement system, but are also striving to strengthen its judicialization. Together with indirect economic advantages and agenda-setting capacities, the judicialization of the WTO dispute settlement system can be considered factors by which Brazil relatively strengthened its position vis-à-vis the EU. However, the final section of the paper demonstrates how tensions within Mercosur, the rise of mega-regionalism and the prioritization of the EU's negotiation capacity towards the U.S. and Japan, undermine Brazil's position in trade relations with the EU.

show abstract

The 'Missing Link' Between the WTO and the IMF

Cited by 6 publications

References 9 publications

From Developing Country Leader to Flexible Negotiator: New Directions in Brazilian Trade Strategy

From Developing Country Leader to Flexible Negotiator: New Directions in Brazilian Trade Strategy

Services of General Interest Under Regimes of Fiscal Austerity

EU-Brazil Relations at the World Trade Organization: Dispute Settlement as Leverage

Contact Info

Product

Resources

About