A Kiss of Life for the Withering Doha Round of the Multilateral Trade Negotiations?
Notwithstanding the gallant intensions, the Doha Round of multilateral trade negotiations (MTNs) proved to be egregiously problem-prone. It went down in the history of multilateral trade as the first round to be suspended. Potsdam was the final link in this chain of breakdowns. While the G-8 leaders supported the DDA, their trade delegations did not seem to abide by the public pronouncements of their leaders. This article delves into the anatomy of this failure and points toward the salient factors that led to it. There is an imperious need for resuscitating the Doha Round and for the key players to be flexible and take some decisive steps forward. The round is too important for the community of trading economies to be allowed to collapse. Revival is a possible and credible objective. A two-stage revival process is suggested in this article.
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Volume (Year): 37 (2008)
Issue (Month): 2 ()
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