Let’s do a Doha deal

Robert Z. Lawrence, Gary Clyde Hufbauer, 6 July 2010

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When it comes to the WTO’s Doha Round of trade negotiations, the resolution that came out of the G20 meeting in Toronto can be characterised as vapid. The best the G20 could do was to reiterate their support for achieving an agreement and direct their negotiators to “report on progress at our next meeting in Seoul where we will discuss the way forward”.

Topics: International trade
Tags: China, Doha, US, WTO

Doha and development: Market access, trade costs and aid for trade

Bernard Hoekman, 19 June 2010

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The General Agreement on Tariffs and Trade, the precursor to the WTO, was a club that allowed for membership à la carte.

Topics: Global governance, International trade
Tags: Doha Round, international trade, WTO

Alternatives to consensus at the WTO

Philip Levy, 19 June 2010

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The trade negotiations known as the Doha Development Agenda were launched in 2001 and scheduled to conclude at the end of 2005. That did not happen. Nor did they conclude in 2006, 2007, or 2008, despite urgent importuning and gatherings of dignitaries.

Topics: Global governance, International trade
Tags: Doha Round, international trade, WTO

Needed: A new approach to reduce regulatory barriers to trade

Geza Feketekuty, 19 June 2010

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As the WTO negotiations have moved from a focus on reducing tariffs to addressing barriers to trade, the traditional GATT mercantilist bargaining process has become less effective. This process proved highly successful in past rounds of multilateral trade negotiations in reducing tariffs because it enabled countries to obtain a double bargain.

Topics: Global governance, International trade
Tags: Doha Round, international trade, WTO

The WTO dispute settlement system would survive without Doha

Chad P Bown, 19 June 2010

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What do you get when you combine a sudden collapse in world trade, a global recession, a stalled round of multilateral negotiations, and a moderate-to-substantial increase in measurable protectionism? The answer, somewhat surprisingly, has been remarkably little trade friction – at least as measured by the number of trade disputes brought to the WTO’s dispute settlement mechanism.

Topics: Global governance, International trade
Tags: Doha Round, international trade, WTO

Sources of the WTO’s woes: Decision-making’s impossible trinity

Richard Baldwin, 7 June 2010

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Compared to other international organisations, the GATT/WTO is a huge success. It presides over a rule-based trading system based on norms that are almost universally accepted and respected. Disputes are adjudicated by an international court whose rulings are almost universally implemented. Its membership is almost universal and it makes decision by consensus.

Topics: International trade
Tags: Doha Round, international trade, WTO

Retaliating against exchange-rate manipulation under WTO rules

Michael Waibel, 16 April 2010

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Exchange-rate-based trade measures have gained prominence in recent years. Commentators observe such measures not only in the People’s Republic of China, but across a broad range of countries. Competitive devaluations are very much alive as a tool of economic statecraft, especially in the wake of the financial crisis.

Topics: Exchange rates
Tags: exchange-rate policy, GATT, IMF, WTO

Yuan to fight about it? The WTO legality of China’s exchange regime

Joel P. Trachtman, 30 April 2010

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China joined the WTO on 11 December 2001, taking on all of the legal obligations of a WTO member. Today, the US continues its political attacks on China’s exchange-rate regime, raising the question of whether a legal case at the WTO might be successful in adding to the pressure on China.

Topics: Exchange rates
Tags: China, exchange-rate policy, WTO

Is the contemporary Chinese exchange-rate regime "WTO-legal"?

Dukgeun Ahn, 16 April 2010

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Introduction

Topics: Exchange rates
Tags: China, exchange-rate policy, WTO

How disciplining China could save the WTO

Susan Ariel Aaronson, 9 February 2010

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2010 could be a daunting year for the WTO. Many observers believe it is condemned to irrelevance if it does not find common ground among its 153 member states on the Doha Round – now in its tenth year. Many of these same countries bypass the WTO as they seek to expand trade.

Topics: Global governance, International trade
Tags: China, rule-of-law, WTO

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