What are the long term implications of the spread of democracy in the developing world on economic globalization and trade policies? Does the spread of democracy in developing countries promote international economic co-operation or does it hinder multilateral co-operation? Will developing country democracies help to promote multilateral cooperation and mutual agreements in international institutions like the World Trade Organization? This chapter employs the theoretical insights and empirical results presented in earlier chapters to answer these critical questions. The chapter also discusses the implications of the main theoretical arguments and empirical results presented in the book.
Keywords: World Trade Organization, safeguards, anti-dumping, economic growth