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Bali High or Bali Low: Is a Piecemeal Approach the Way Forward for the WTO?

Author

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  • Kerr, William A.

Abstract

There had been no discernable progress in the WTO's Doha Round for more than two years. Major trading nations have been actively seeking progress on trade liberalization in other venues such as preferential trade agreements. The WTO seemed to many to be slipping into irrelevance as a force for trade liberalization. Part of the difficulty was that successful conclusions of rounds require all of the round's agenda items to be dealt with as a single undertaking. Faced with another failure to conclude the round as a single undertaking, a new tactic was tried at the WTO Ministerial in Bali in December 2013. A subset of agenda items where agreement could be reached was announced at the Ministerial. It was presented as a major accomplishment for the WTO. This paper examines the Bali agreement to determine if it brings sufficient progress to garner the WTO the renewed prestige that it seeks.

Suggested Citation

  • Kerr, William A., 2014. "Bali High or Bali Low: Is a Piecemeal Approach the Way Forward for the WTO?," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 15(1), pages 1-11, February.
    • Handle: RePEc:ags:ecjilt:164188
    DOI: 10.22004/ag.econ.164188
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    Cited by:

    1. William A. Kerr, 2021. "Agriculture after a year with COVID‐19: Any long‐term implications for international trade policy?," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 69(2), pages 261-267, June.
    2. Kerr, William A., 2015. "Food Security, Strategic Stockholding and Trade-Distorting Subsidies: Is There a Permanent Solution?," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 16(1), pages 1-13.
    3. Kerr, William A., 2023. "Becalmed: The World Trade Organization at Not Yet Thirty," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 24(2), December.
    4. Kerr, William A., 2016. "The WTO and Food Aid: Food Security and Surplus Disposal in the 2015 Ministerial Decision on Export Competition," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 17(1), pages 1-15.

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