Paper
The pace of change in the global economy suggests that the IMF and World Bank could be ambitious as they review their debt sustainability framework.
C. Randall Henning
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REQUIRED IMAGE
Other
Decoding Cancun: Hard Decisions for a Development Round
WTO negotiators will meet in Cancun, Mexico, in September amid competing claims regarding what steps are necessary to make trade serve development goals. The authors outline the policies that governments and international institutions will need to avoid a debacle at Cancun and to assist developing countries in achieving long-lasting growth.
Published on Aug 12, 2003
Following the riotous 1999 meeting in Seattle, and a near failure in Doha in 2001, the World Trade Organization dedicated the current round of trade liberalization talks to "development." Negotiators will meet in Cancun, Mexico, in September amid competing claims regarding what steps are necessary to make trade serve development goals. The catch phrases of international trade—"comparative advantage," "the development round," "trade not aid," and "level playing field"—hide tough choices for both developing and developed country governments. Getting trade rules right is not sufficient for development, but getting them wrong can cripple it. The authors outline the policies that governments and international institutions will need to avoid a debacle at Cancun and to assist developing countries in achieving long-lasting growth.
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About the Authors
John Audley is senior associate at the Carnegie Endowment, where he directs the Trade, Equity, and Development Project.
George Perkovich is vice president for studies at the Carnegie Endowment.
Sandra Polaski is senior associate in the Trade, Equity, and Development Project and Scott Vaughan is a visiting scholar with the Project.
About the Authors
Mr. John Audley
Former Senior Associate
George Perkovich
Japan Chair for a World Without Nuclear Weapons, Senior Fellow
George Perkovich is the Japan Chair for a World Without Nuclear Weapons and a senior fellow in the Carnegie Endowment for International Peace’s Nuclear Policy Program. He works primarily on nuclear deterrence, nonproliferation, and disarmament issues, and is leading a study on nuclear signaling in the 21st century.
Ms. Sandra Polaski
Former Senior Associate, Director, Trade, Equity and Development Program
Until April 2002, Polaski served as the U.S. Secretary of State’s Special Representative for International Labor Affairs, the senior State Department official dealing with such matters.
Mr. Scott Vaughan
Former Visiting Scholar
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