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World Bank Trade Models and the Doha Debate

In: Advances in Monetary Policy and Macroeconomics

Author

Listed:
  • Rudi Arnim
  • Lance Taylor

Abstract

As this chapter is being written, the World Trade Organization’s 149 members are engaged in the 9th world round of multilateral trade negotiations, the first following the WTO’s creation in 1994. In December 2005 the nations’ trade representatives hurried to Hong Kong, where the 6th Ministerial Conference was supposed to pave the way — at least two-thirds — towards an agreement. While the 5th Ministerial Conference in Cancun in 2003 unmistakably failed, Hong Kong did not, although it fell far short of what the trade and development community considers a success. Over the course of the first few months of 2006, negotiations in Geneva and member countries continued in order to avoid failure, which is expected to come about if an agreement is not found before President Bush’s ‘fast track’ negotiating power expires at the end of the calendar year 2006.

Suggested Citation

  • Rudi Arnim & Lance Taylor, 2007. "World Bank Trade Models and the Doha Debate," Palgrave Macmillan Books, in: Philip Arestis & Gennaro Zezza (ed.), Advances in Monetary Policy and Macroeconomics, chapter 14, pages 257-279, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-80076-2_14
    DOI: 10.1057/9780230800762_14
    as

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