Archive - Mar 20, 2006

The lack of a breakthrough at the London meeting of the 'Group of 6' Ministers last weekend does not quite spell disaster for the Doha negotiations nor the end of hopes that a final deal can be attained before the US President's fast track authority runs out.

A new study on the impact of global trade liberalization on real incomes under the current WTO Doha round has challenged conventional wisdom, showing the benefits for the world economy are lower than usually touted and some developing countries, rather than seeing benefits, come out losers in many scenarios.