What Future for the WTO?

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  "authors": [
    "Sandra Polaski"
  ],
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  "centers": [
    "Carnegie Endowment for International Peace"
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  "nonEnglishNewsletterAll": "",
  "primaryCenter": "Carnegie Endowment for International Peace",
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  "topics": [
    "Economy",
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In The Media

What Future for the WTO?

The widespread belief that negotiators must reach a deal soon in order to save the Doha Round and prevent irreparable harm to world trade and the WTO itself is not accurate. It will take great time and effort to bridge the wide gaps that still exist in the agriculture and manufacturing talks, but the final result is well worth the wait.

By Ms. Sandra Polaski

Published on Jul 1, 2007

Source: L'Économie politique

In a new article in the French journal L’Économie politique, Carnegie Senior Associate Sandra Polaski refutes the widespread belief that negotiators must reach a deal soon in order to save the Doha Round and prevent irreparable harm to world trade and the WTO itself. It will take great time and effort to bridge the wide gaps which still exist in the agriculture and manufacturing talks, but the final result – a trade agreement which addresses employment concerns and produces real gains for countries at all levels of development – is well worth the wait. In the meantime, the WTO will continue to function under the rules negotiated in previous rounds, overseeing the persistent expansion of global trade.

Economy Trade

Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.

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What Future for the WTO?

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