Europe on the Road to Doha: Towards a New Global Trade Round?

J. Peter Neary

CESifo Economic Studies, 2004, vol. 50, issue 2, 319-332

Abstract: This paper reviews progress towards a new trade agreement under the Doha Development Agenda. A hitherto-unnoticed empirical regularity suggests that post-Cancun pessimism may be unwarranted. Some of the key contentious issues are examined, including agricultural and manufacturing trade barriers, competition policy and intellectual property rights. A potential sticking point is whether the US will accept a quasijudicial role for the WTO and constraints on anti-dumping policy. European governments need to decide how badly they want to complete a new trade agreement, and should start preparing their constituents for compromise if an agreement is to be reached. (JEL F13)

Date: 2004
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