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Category Archives: Trade
Doha’s Retreat
Germans would be interested to know that Chancellor Angela Merkel teamed up in 2010 with British Prime Minister David Cameron (and, in turn, both brought on board the President of Indonesia and the Prime Minister of Turkey) to appoint an … Continue reading
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The Broken Legs of Global Trade
The Doha Round, the latest phase of multilateral trade negotiations, failed in November 2011, after ten years of talks, despite official efforts by many countries, including the United Kingdom and Germany, and by nearly all eminent trade scholars today. While … Continue reading
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America’s Threat to Trans-Pacific Trade
As if undermining the World Trade Organization’s Doha Round of global free-trade talks was not bad enough (the last ministerial meeting in Geneva produced barely a squeak), the United States has compounded its folly by actively promoting the Trans-Pacific Partnership … Continue reading
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An Open Letter to President Obama on Doha
August 31, 2011 Mr. Barack Obama President of the United States The White House 1600 Pennsylvania Avenue, NW Washington, DC 20500 Dear Mr. President: As the window of opportunity for a robust deal on Doha Round is closing, with the … Continue reading
The Wrong Way to Free Trade
LATE last week, a longstanding debate over free-trade agreements with South Korea, Colombia and Panama — deals that were negotiated under President George W. Bush but never finalized — stalled once again. President Obama supports the agreements, but only if … Continue reading
Free trade, safe trade: Poor economic policies can be rather painful, literally
One may be forgiven if, on reading the ceaseless G20 pronouncements in favour of freer trade, one infers that there is an almost universal agreement that trade matters, that freer trade is a policy to be pursued for public good. … Continue reading
Why Free Trade Matters
Contrary to what skeptics often assert, the case for free trade is robust. It extends not just to overall prosperity (or “aggregate GNP”), but also to distributional outcomes, which makes the free-trade argument morally compelling as well. The link between … Continue reading
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Life without Doha
In a recent commentary, I drew on the Interim Report of the High-level Trade Experts Group, appointed by the governments of Britain, Germany, Indonesia, and Turkey, which I co-chair, to explain why concluding the World Trade Organization’s ten-year-old Doha Round … Continue reading
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Bin Laden’s death is an opportunity to close Doha deal
The following is a letter to the editors at the Financial Times, published by the paper on May 6, 2011. Sir, Apropos your editorial “Life after Doha” (April 19) prematurely announcing the death of the Doha Round, and Alan Beattie’s … Continue reading
The Doha Round’s Premature Obituary
The Doha Round, the first multilateral trade negotiation conducted under the auspices of the World Trade Organization, is at a critical stage. Now in their 10th year, with much negotiated, the talks need a final political nudge, lest Doha – … Continue reading
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