Global Value Chains in Economic Theory: Disruption or Continuity of the Center-Periphery Matrix in Light of the History of International Trade?

The present work aims to examine the apparent benefits and effects of free trade based on the dynamics of the former General Agreement on Tariffs and Trade (GATT) and its successor, the World Trade Organization (WTO). The eminently ideological nature of the tax premises is denounced according to whi...

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Main Authors: Villarreal , Julio Francisco, Villasante Calderón, Nuria Carolina
Format: Online
Language:spa
Published: Universidad Pedagógica y Tecnológica de Colombia 2024
Subjects:
Online Access:https://revistas.uptc.edu.co/index.php/cenes/article/view/16730
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author Villarreal , Julio Francisco
Villasante Calderón, Nuria Carolina
author_facet Villarreal , Julio Francisco
Villasante Calderón, Nuria Carolina
author_sort Villarreal , Julio Francisco
collection OJS
description The present work aims to examine the apparent benefits and effects of free trade based on the dynamics of the former General Agreement on Tariffs and Trade (GATT) and its successor, the World Trade Organization (WTO). The eminently ideological nature of the tax premises is denounced according to which its effects are intrinsically beneficial for developing and underdeveloped economies in the generality of the assumptions.  In this sense, an attempt is made to demonstrate that the reference institutions have consistently perpetuated the drifts that the “center-periphery” analytical model historically denounced to the latter's detriment.  The methodology used has involved a literature review of the GATT system and the international trade framework of the WTO, based on a critical examination of these in relation to the theses of both classical and contemporary structuralist economics. The study's results indicate that the multilateral trade system, along with the trade policies of hegemonic nations, through the functioning first of the GATT and then of the WTO, has resulted in endemically detrimental effects for peripheral economies. In this sense, the implications of this research suggest the need for a reexamination, both at the national and interregional levels, of the currently inequitable terms governing international trade, along with a more active promotion, at both levels, of development policies that prove to be beneficial for economically disadvantaged states.
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spelling oai:oai.revistas.uptc.edu.co:article-167302024-03-31T12:36:11Z Global Value Chains in Economic Theory: Disruption or Continuity of the Center-Periphery Matrix in Light of the History of International Trade? Cadenas globales de valor a la luz de la historia del comercio internacional: ¿disrupción o continuidad de la matriz centro-periferia? Villarreal , Julio Francisco Villasante Calderón, Nuria Carolina multilateral trade free trade General Agreement on Tariffs and Trade World Trade Organization comercio multilateral libre comercio Acuerdo General sobre Aranceles Aduaneros y Comercio Organización Mundial del Comercio The present work aims to examine the apparent benefits and effects of free trade based on the dynamics of the former General Agreement on Tariffs and Trade (GATT) and its successor, the World Trade Organization (WTO). The eminently ideological nature of the tax premises is denounced according to which its effects are intrinsically beneficial for developing and underdeveloped economies in the generality of the assumptions.  In this sense, an attempt is made to demonstrate that the reference institutions have consistently perpetuated the drifts that the “center-periphery” analytical model historically denounced to the latter's detriment.  The methodology used has involved a literature review of the GATT system and the international trade framework of the WTO, based on a critical examination of these in relation to the theses of both classical and contemporary structuralist economics. The study's results indicate that the multilateral trade system, along with the trade policies of hegemonic nations, through the functioning first of the GATT and then of the WTO, has resulted in endemically detrimental effects for peripheral economies. In this sense, the implications of this research suggest the need for a reexamination, both at the national and interregional levels, of the currently inequitable terms governing international trade, along with a more active promotion, at both levels, of development policies that prove to be beneficial for economically disadvantaged states. El presente trabajo tiene como propósito examinar los aparentes beneficios y efectos del libre comercio a partir de la dinámica propia del que fuera el General Agreement on Tariffs and Trade (GATT) y su sucesora, la Organización Mundial de Comercio (OMC).       En este sentido, se intenta demostrar que las instituciones de referencia han perpetuado consistentemente las derivas que el modelo analítico “centro-periferia” históricamente denunciara en detrimento de esta última. La metodología empleada ha consistido en la revisión bibliográfica del sistema GATT y el esquema de comercio internacional de la OMC, a partir de un examen crítico de estas últimas en función de las tesis de la economía estructuralista cepalina tanto clásica como contemporánea. Los resultados del estudio señalan que el sistema multilateral comercial y las propias políticas comerciales de las naciones hegemónicas, a través del funcionamiento primero del GATT y luego de la OMC, han supuesto efectos endémicamente disvaliosos para las economías periféricas. Las implicaciones de la presente investigación sugieren la necesidad del reexamen tanto en el ámbito nacional como interregional de los términos ⎯actualmente poco equitativos⎯ que rigen el comercio internacional, y de una promoción más activa, en ambos espacios, de aquellas políticas de desarrollo que sean provechosas para los Estados económicamente desfavorecidos.   Universidad Pedagógica y Tecnológica de Colombia 2024-01-31 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Peer reviewed Article application/pdf https://revistas.uptc.edu.co/index.php/cenes/article/view/16730 10.19053/uptc.01203053.v43.n77.2024.16730 Apuntes del Cenes; Vol. 43 No. 77 (2024); 17-44 Apuntes del Cenes; Vol. 43 Núm. 77 (2024); 17-44 2256-5779 0120-3053 spa https://revistas.uptc.edu.co/index.php/cenes/article/view/16730/13942 Copyright (c) 2024 Julio Francisco Villarreal García, Nuria Carolina Villasante Calderón http://creativecommons.org/licenses/by-nc-sa/4.0
spellingShingle multilateral trade
free trade
General Agreement on Tariffs and Trade
World Trade Organization
comercio multilateral
libre comercio
Acuerdo General sobre Aranceles Aduaneros y Comercio
Organización Mundial del Comercio
Villarreal , Julio Francisco
Villasante Calderón, Nuria Carolina
Global Value Chains in Economic Theory: Disruption or Continuity of the Center-Periphery Matrix in Light of the History of International Trade?
title Global Value Chains in Economic Theory: Disruption or Continuity of the Center-Periphery Matrix in Light of the History of International Trade?
title_alt Cadenas globales de valor a la luz de la historia del comercio internacional: ¿disrupción o continuidad de la matriz centro-periferia?
title_full Global Value Chains in Economic Theory: Disruption or Continuity of the Center-Periphery Matrix in Light of the History of International Trade?
title_fullStr Global Value Chains in Economic Theory: Disruption or Continuity of the Center-Periphery Matrix in Light of the History of International Trade?
title_full_unstemmed Global Value Chains in Economic Theory: Disruption or Continuity of the Center-Periphery Matrix in Light of the History of International Trade?
title_short Global Value Chains in Economic Theory: Disruption or Continuity of the Center-Periphery Matrix in Light of the History of International Trade?
title_sort global value chains in economic theory disruption or continuity of the center periphery matrix in light of the history of international trade
topic multilateral trade
free trade
General Agreement on Tariffs and Trade
World Trade Organization
comercio multilateral
libre comercio
Acuerdo General sobre Aranceles Aduaneros y Comercio
Organización Mundial del Comercio
topic_facet multilateral trade
free trade
General Agreement on Tariffs and Trade
World Trade Organization
comercio multilateral
libre comercio
Acuerdo General sobre Aranceles Aduaneros y Comercio
Organización Mundial del Comercio
url https://revistas.uptc.edu.co/index.php/cenes/article/view/16730
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