As an institution, the WTO (with 153 members) has functioned very differently from the GATT. The old power centers within the multilateral trade regime have been joined by new power centers, especially the emerging economies. Developing and the least-developed members, acting in coalitions, have...

As an institution, the WTO (with 153 members) has functioned very differently from the GATT. The old power centers within the multilateral trade regime have been joined by new power centers, especially the emerging economies. Developing and the least-developed members, acting in coalitions, have...

This paper reviews India’s experience to understand how services sector liberalisation can generate (welfare) gains for developing countries, in particular vis-à-vis its employment generation potential. The analysis has been based on India’s experience of an increasingly open service sector...