The Future of the World Trade Organization

Biswajit Dhar ()

Trade Working Papers from East Asian Bureau of Economic Research

Abstract: The continued difficulties of the World Trade Organization to achieve further multilateral trade liberalization in the Doha Round negotiations have raised questions about its continued relevance. This paper firstly identifies and assesses the key developments in the Doha Round that have contributed to the present stalemate. Secondly, it presents several options that the organization could consider for defining its future work program, given the new realities of global economic engagement, especially the emergence of global production networks. Most importantly, the paper assesses the possibility of including new disciplines covering areas that can help the growth of these drivers of global economic integration. Such an initiative could include three sets of issue : trade facilitation measures, an equitable investment regime, and effective disciplines for curbing non-tariff barriers.

Keywords: the World Trade Organization; Doha Round; trade facilitation; investment regime; non-tariff barrier; global economic integration (search for similar items in EconPapers)
JEL-codes: F13 F53 (search for similar items in EconPapers)
Date: 2013-11
New Economics Papers: this item is included in nep-cwa
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Citations: View citations in EconPapers (1)

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Related works:
Chapter: The future of the World Trade Organization (2014)
Working Paper: The Future of the World Trade Organization (2013)
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