Creative minilateralism
Creative minilateralism: a trade strategy for the opening of markets by the United States proposed by Thomas O Bayard and Kimberley Ann Elliott in Reciprocity and Retaliation in U.S. Trade Policy. It involves (a) bilateral talks, if necessary with the support of Section 301 or the threat of antitrust action, (b) a much stronger analytical capacity for assessing structural and access impediments, and (c) the use of favourable constituencies in target markets. This would be combined with publicity campaigns and technical assistance to developing countries to allow them to design and implement more effective regulatory frameworks. See also minilateralism.
Source: http://ctrc.sice.oas.org/trc/WTO/Documents/Dictionary%20of%20trade%20%20policy%20terms.pdf
Web site to visit: http://ctrc.sice.oas.org
Author of the text: W. Goode
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