International Trade Crisis

Popa Diana ()
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Popa Diana: “Alexandru Ioan Cuza” University of Iaºi, Doctoral School of Economics

Ovidius University Annals, Economic Sciences Series, 2011, vol. XI, issue 1, 1691-1697

Abstract: This article captures a brief history of the negotiations of the Doha Development Agenda (DDA), analyzes its deadlock and offers some suggestions for a successful Doha deal. First, this study shows that the nearly decade-long negotiation stalemate is caused by the opposite perceptions between industrialized countries and developing ones on agriculture, as well as by the influences of economic crisis on the world trade. Subsequently, some proposals are presented to solve the current crisis from the international trade, starting especially with the goodwill of the WTO members, as well as the countries with observer status within the institution. The main conclusion is that the US must exercise a leadership position in completing the Doha Round and the developing countries must embrace the open trade with a positive attitude beyond DDA.

Keywords: Doha Round; failure; commercial crisis; farm protectionism; North-South clash. (search for similar items in EconPapers)
JEL-codes: F13 F51 F53 G01 (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:11:y:2011:i:1:p:1691-1697

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