Skip to main content Accessibility help
×
Hostname: page-component-78c5997874-8bhkd Total loading time: 0 Render date: 2024-11-09T09:03:22.889Z Has data issue: false hasContentIssue false

5 - Differentiated Development in the IMF, the WBG, and the WTO

Published online by Cambridge University Press:  13 May 2022

Jack Corbett
Affiliation:
University of Southampton
Xu Yi-chong
Affiliation:
Griffith University, Australia
Patrick Weller
Affiliation:
Griffith University, Australia
Get access

Summary

The emergence of a distinct SIDS grouping and identity in relation to climate change is a ‘most likely’ case for their influence on IOs. It is an issue on which they hold the moral high ground as the first and worst effected: the canaries in the coal mine. A much higher threshold for their influence is whether similar strategies would be successful in other IOs and especially those that deal with economic affairs. In these IOs SIDS are not the poorest – most are middle-or upper middle-income countries – and account for a very low proportion of global trade. And yet, they have unique economic circumstances and vulnerabilities that are likely to be exacerbated by climate change.

This chapter documents the interaction between small states and the key economic IOs. The story is not as straightforward as the climate change story; the initiative does not always come from the SIDS; there is as often leadership from other countries; it is determined in part by the mores of the IOs themselves, by their traditional practices, and by their institutional rules, leading to a range of intermediaries speaking on behalf of the SIDS. Despite this complexity, the claim that the countries we now call SIDS have uniquely vulnerable economies due to their heavy reliance on a small number of economic sectors has become orthodoxy in IOs. The WB and IMF both recognize the SIDS agenda. The WTO has created the SVEs. These are important successes for SIDS that emerges from the complex interaction between large and small member states, donors, IOs’ leaders, and their secretariats. But there is less evidence that this recognition has been translated into tangible benefits for SIDS or IOs. Our economic story is thus less optimistic about SIDS influence than our account of climate change.

The chapter follows a similar structure to the last. We start by explaining the SIDS circumstance. We show how concerns about their economic viability explain their delayed decolonization and that despite some variations the perception of enduring vulnerability has persisted into the postindependence period. We show how this has become synonymous with an argument about ‘differentiated development’ – that economic development models designed for large states will not work for small ones.

Type
Chapter
Information
International Organizations and Small States
Participation, Legitimacy and Vulnerability
, pp. 111 - 144
Publisher: Bristol University Press
Print publication year: 2021

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save book to Kindle

To save this book to your Kindle, first ensure [email protected] is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×