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International Trade Crisis

Author

Listed:
  • Popa Diana

    (“Alexandru Ioan Cuza” University of Iaºi, Doctoral School of Economics)

Abstract

This article captures a brief history of the negotiations of the Doha Development Agenda (DDA), analyzes its deadlock and offers some suggestions for a successful Doha deal. First, this study shows that the nearly decade-long negotiation stalemate is caused by the opposite perceptions between industrialized countries and developing ones on agriculture, as well as by the influences of economic crisis on the world trade. Subsequently, some proposals are presented to solve the current crisis from the international trade, starting especially with the goodwill of the WTO members, as well as the countries with observer status within the institution. The main conclusion is that the US must exercise a leadership position in completing the Doha Round and the developing countries must embrace the open trade with a positive attitude beyond DDA.

Suggested Citation

  • Popa Diana, 2011. "International Trade Crisis," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 1691-1697, May.
    • Handle: RePEc:ovi:oviste:v:11:y:2011:i:1:p:1691-1697
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    File URL: http://stec.univ-ovidius.ro/html/anale/RO/cuprins%20rezumate/rezumate2011p1.pdf
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    More about this item

    Keywords

    Doha Round; failure; commercial crisis; farm protectionism; North-South clash.;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F51 - International Economics - - International Relations, National Security, and International Political Economy - - - International Conflicts; Negotiations; Sanctions
    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations
    • G01 - Financial Economics - - General - - - Financial Crises

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