WTO forum

[Lisa & Ian Murray]

>>I think Bello was referring to protectionism as a development
strategy - e.g., South Korea's limits on imports and foreign
investment. Surely lots can go wrong with infant-industry protection,
but it's near-impossible to industrialize without it, isn't it? And
doesn't the WTO make that strategy illegal?

Doug

There are acknowledgements of the validity of infant industry strategies in
the WTO articles for the "developing" countries; their scope is somewhat
circumscribed.  http://www.wto.org

ian